Jahez shares finish at all-time low
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 | 12.10 |
| Low | 11.75 |
| High | 12.10 |
| Previous Close | 12.07 |
| Change (3M) | (10.75 %) |
| Change (6M) | 5.61 % |
| Market Value | 2,490.80 |
| Avg. Volume (3M) | 694,812.65 |
| Avg. Turnover (3M) | 8,520,531.17 |
| Avg. Transaction (3M) | 1,359.29 |
| Change(12M) | (46.65 %) |
| YTD | (17.68 %) |
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 (%) |
| 2023 | Reduction | 104.92 | 0.00% |
| 2022 | Private Offering Cancelled | 108.69 | 3.59% |
| 2022 | IPO | 104.92 | 21.96% |
Financial Performance :
Overview :
The company was established in Riyadh in 2016 under the umbrella of Alamat International Limited Co. It was officially incorporated as a limited liability company in 2017 with capital of SAR 1 million, before converting into a closed Saudi joint-stock company in 2020. It subsequently listed as a public joint-stock company on the Nomu-Parallel Market in 2022, before transferring to the Main Market (TASI) in 2024.
Activities and Business Segment
The company provides ordering and delivery ser...
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Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 2,490.80 |
| Shares Outstanding ((M)) | 209.84 |
| Recurring EPS ( Halala) | 14.61 |
| Book Value (BV) ( Riyal) (Latest announcement) | 6.29 |
| Recurring P/E (TTM) | 81.24 |
| Price/book | 1.89 |
| Dividend Yield (%) (Last Year) | - |
| Return on Average Assets (%) (TTM) | (0.56 ) |
| Return on Average Equity (%) (TTM) | (0.95 ) |
| Par Value ( Halala) | 50.00 |
| Enterprise Value (EV) (M Riyal) | 2,282.40 |
| EV/adj EBITDA | 15.00 |
| EV/ EBITDA | 13.33 |
| EV/Revenues | 0.84 |
Calendar :
-
11 September
General Assembly
- -
28 June
General Assembly
-
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 | EFG-Hermes | 28.00 | 35.00 | 25.00 % | |
| Buy | Wood & Company | 27.10 | 37.00 | 36.53 % | |
| Neutral | Goldman Sachs | 25.95 | 31.00 | 19.46 % | |
| Neutral | JP Morgan | 25.95 | 29.00 | 11.75 % |
Call Request
Comments Analysis: