Electrical Industries soars to highest close since listing
Shares of Tadawul-listed Electrical Industries Co. (EIC) jumped by 10% today, Sept. 18, marking its highest close ever at SAR 9.99.
| Year High (SAR) | Year Low (SAR) |
| 9.99 | 4.89 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 9.99 | 0.46 |
Accordingly, year-to-date gains exceeded 25%.
Market Data :
| Open | 13.77 |
| Low | 13.26 |
| High | 13.83 |
| Previous Close | 13.77 |
| Change (3M) | (11.22 %) |
| Change (6M) | (20.74 %) |
| Market Value | 14,962.50 |
| Avg. Volume (3M) | 3,152,938.63 |
| Avg. Turnover (3M) | 46,860,103.06 |
| Avg. Transaction (3M) | 4,767.02 |
| Change(12M) | 21.13 % |
| YTD | 18.75 % |
The company made one capital adjustment since its listing on the market in 2014, which was a bonus share distribution in 2023, as shown in the table below:
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2023 | Reduction | 562.50 | 0.00% |
| 2023 | Bonus Shares | 562.50 | 25.00% |
| 2014 | IPO | 450.00 | 0.00% |
Financial Performance :
Overview :
The company was founded in 2007 as a closed Saudi joint-stock holding company in Dammam, with capital of SAR 2 million. In 2014, it was converted into a public Saudi joint-stock company.
Activities and Business Segments
The company operates through its subsidiaries in manufacturing, assembling, supplying, repairing, and maintaining electrical transformers, compact distribution substations, low- and medium-voltage switchboards, low-voltage distribution panels, cable trays, and small and med...
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Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 14,962.51 |
| Shares Outstanding ((M)) | 1,125.00 |
| Recurring EPS ( Halala) | 68.63 |
| Book Value (BV) ( Riyal) (Latest announcement) | 1.14 |
| Recurring P/E (TTM) | 19.38 |
| Price/book | 11.68 |
| Dividend Yield (%) (Last Year) | 3.76 |
| Return on Average Assets (%) (TTM) | 32.82 |
| Return on Average Equity (%) (TTM) | 65.65 |
| Par Value ( Halala) | 50.00 |
| Enterprise Value (EV) (M Riyal) | 14,942.03 |
| EV/adj EBITDA | 17.73 |
| EV/ EBITDA | - |
| EV/Revenues | 5.69 |
Calendar :
-
15 March
Ex-dividend Date
- -
29 March
Cash Dividend Distribution
- -
29 April
Ex-dividend Date
- -
29 April
General Assembly
- -
17 May
Cash Dividend Distribution
- -
04 August
Ex-dividend Date
-
Call Request
Comments Analysis: