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 23.91
Low 23.76
High 23.99
Previous Close 23.91
Change (3M) (9.80 %)
Change (6M) (21.58 %)
Market Value 2,043.36
Avg. Volume (3M) 167,795.77
Avg. Turnover (3M) 4,316,631.13
Avg. Transaction (3M) 849.72
Change(12M) (31.72 %)
YTD (30.93 %)

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 :

The company was established in 1983 as a Saudi joint-stock company with the objective of manufacturing cement and clinker of various types to meet the needs of the local and Gulf markets. Two years after its establishment, the company commenced commercial production. The company’s core activities include the manufacture, production, and trade of cement and its derivatives, as well as the establishment of plants related to industries that branch from or complement the cement industry, su...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 2,043.36
Shares Outstanding ((M)) 86.00
EPS ( Riyal) (TTM) 2.78
Book Value (BV) ( Riyal) (Latest announcement) 26.57
Recurring P/E 7.62
Price/book 0.89
Dividend Yield (%) (Last Year) 6.73
Return on Average Assets (%) (TTM) 8.14
Return on Average Equity (%) (TTM) 10.17
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M Riyal) 1,991.75
EV/adj EBITDA 5.03
EV/Revenues 1.59


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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