Eastern Cement closes at lowest level since 2020

18/08/2025 Argaam Exclusive

Shares of Eastern Province Cement Co. declined 1% to SAR 26.7, marking its lowest closing level since 2020, today, Aug. 18.

 

The stock hit an intraday low of SAR 26.66.

Year High (SAR) Year Low (SAR)
37.40 26.66
Highest Since Debut (SAR) Lowest Since Debut (SAR)
179.70 16.70

With today’s decline, the stock’s losses have exceeded 20% year-to-date (YTD).

Market Data :

Open 26.10
Low 25.74
High 26.10
Previous Close 25.90
Change (3M) (5.90 %)
Change (6M) (22.93 %)
Market Value 2,220.52
Avg. Volume (3M) 245,807.83
Avg. Turnover (3M) 6,565,347.00
Avg. Transaction (3M) 1,201.80
Change(12M) (26.02 %)
YTD (24.94 %)

The company has adjusted its capital several times since its listing on Tadawul.

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2006 Split   860.00 33.33%

Financial Performance :

Overview :

Established in 1983 as a Saudi joint-stock company, the company was founded with the objective of producing various types of cement and clinker to serve local and Gulf markets. Commercial production commenced two years later. The company operates in three primary segments: the cement and derivatives industry segment, which is its largest source of revenue; the ready-mix concrete segment; and the supporting construction segment. Its plant, located in Jubail, serves as the base of its operation...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 2,220.52
Shares Outstanding ((M)) 86.00
EPS ( Riyal) (TTM) 2.85
Book Value (BV) ( Riyal) (Latest announcement) 26.75
Recurring P/E 7.82
Price/book 0.97
Dividend Yield (%) (Last Year) 6.20
Return on Average Assets (%) (TTM) 8.66
Return on Average Equity (%) (TTM) 10.33
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M Riyal) 2,026.73
EV/adj EBITDA 4.83
EV/Revenues 1.64


Analyst Estimates :

40

Fair Average Price

1

Number of Recommendations

Rating Research firm Current Price Target Price Change
Buy United Securities Company 30.30 40.00 32.01 %

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