Jahez shares finish at all-time low

10/09/2025 Argaam Exclusive

Shares of Jahez International Company for Information System Technology fell by 1% today, Sept. 10, closing at an all-time low of SAR 20.82.

 

The stock recorded an intraday low of SAR 20.50.

Year High (SAR) Year Low (SAR)
42.00 20.50
Highest Since Debut (SAR) Lowest Since Debut (SAR)
72.20 20.50

With today’s decline, the stock’s year-to-date losses reached more than 30%.

Market Data :

Open 20.88
Low 20.50
High 20.96
Previous Close 20.98
Change (3M) (20.08 %)
Change (6M) (30.48 %)
Market Value 4,368.87
Avg. Volume (3M) 1,204,712.73
Avg. Turnover (3M) 30,251,985.94
Avg. Transaction (3M) 2,902.89
Change(12M) (19.92 %)
YTD (31.29 %)

Jahez moved to the Main Market (TASI) in December 2024 after initially listing on the Nomu-Parallel Market on Jan. 5, 2022.

 

The company carried out a stock split in 2023 ahead of its TASI transition. It has not made any changes to its share capital.

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2022 Private Offering   Cancelled 108.69 3.59%
2022 IPO   104.92 21.96%

Financial Performance :

Overview :

The company started operations in 2016 when Jahez platform launched operations in Riyadh under Alamat International Limited Company. The company expanded its service area beyond Riyadh the following year and subsequently converted into a limited liability company with capital of SAR 1 million. In 2018, ownership of Jahez platform was transferred from Alamat International Limited Company to the company. In 2019, the company signed a sponsorship agreement with Al-Hilal Sports Club. In 2020, it was...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 4,368.87
Shares Outstanding ((M)) 209.84
EPS ( Halala) 97.31
Book Value (BV) ( Riyal) (Latest announcement) 6.21
Recurring P/E 21.40
Price/book 3.35
Dividend Yield (%) (Last Year) -
Return on Average Assets (%) (TTM) 11.61
Return on Average Equity (%) (TTM) 16.75
Par Value ( Halala) 50.00
Enterprise Value (EV) (M Riyal) 3,299.13
EV/adj EBITDA 13.53
EV/Revenues 1.44


Analyst Estimates :

27.55

Fair Average Price

12

Number of Recommendations

Rating Research firm Current Price Target Price Change
Hold United Securities Company 21.44 23.30 8.68 %
Buy Alawwal Capital 22.78 28.38 24.58 %
Sell Citi Bank Group 22.31 20.50 (8.11 %)
Underweight JP Morgan 23.61 22.00 (6.82 %)
Neutral Al Rajhi Capital 23.11 21.00 (9.13 %)
Underweight Morgan Stanley International 23.11 22.00 (4.80 %)
Buy Roemer Capital 26.92 37.40 38.93 %
Underweight Jefferies 49.00 24.00 (51.02 %)
Buy Wood & Company 27.10 37.00 36.53 %
Buy Hermes 28.00 35.00 25.00 %
Neutral Goldman Sachs 25.95 31.00 19.46 %
Neutral JP Morgan 25.95 29.00 11.75 %

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.