Southern Cement ends at 25-year low
Shares of Southern Province Cement Co. shed today, Oct. 23, 1% to SAR 24.70, the lowest close in 25 years.
The stock hit an intraday low of SAR 24.41.
| Year High (SAR) | Year Low (SAR) |
| 35.25 | 24.41 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 185.85 | 12.71 |
With today’s decline, the stock’s year-to-date losses reached 30%.
Market Data :
| Open | 22.18 |
| Low | 21.66 |
| High | 22.18 |
| Previous Close | 22.15 |
| Change (3M) | (16.41 %) |
| Change (6M) | (24.78 %) |
| Market Value | 3,038.00 |
| Avg. Volume (3M) | 98,489.58 |
| Avg. Turnover (3M) | 2,473,766.55 |
| Avg. Transaction (3M) | 659.05 |
| Change(12M) | (37.19 %) |
| YTD | (37.10 %) |
The company has made several changes to its capital since listing on TASI.
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2006 | Split | 1,400.00 | 33.33% |
Financial Performance :
Overview :
The company was established in Riyadh in 2006 as a Saudi joint-stock company with capital of SAR 1.021 billion, following the issuance of the industrial license by the Ministry of Commerce and Industry in 2005. Five years later, the company initiated its trial and commercial operations. The company conducts its activities through its factory located in Tarif.
The company operates across three primary business segments: the ordinary cement segment, the clinker segment, and the transportation r...
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Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 3,038.00 |
| Shares Outstanding ((M)) | 140.00 |
| EPS ( ) (TTM) | 1.02 |
| Book Value (BV) ( Riyal) (Latest announcement) | 23.51 |
| Recurring P/E | 21.27 |
| Price/book | 0.92 |
| Dividend Yield (%) (Last Year) | 5.53 |
| Return on Average Assets (%) (TTM) | 3.15 |
| Return on Average Equity (%) (TTM) | 4.37 |
| Par Value ( Riyal) | 10.00 |
| Enterprise Value (EV) (M Riyal) | 4,184.76 |
| EV/adj EBITDA | 11.36 |
| EV/Revenues | 4.80 |
No upcoming events available
Analyst Estimates :
30.15
Fair Average Price
4
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Hold | United Securities Company | 25.90 | 28.00 | 8.11 % | |
| Aggregate | AlphaMena | 25.94 | 30.00 | 15.65 % | |
| Neutral | Riyad Capital | 26.60 | 27.00 | 1.50 % | |
| Buy | AlphaMena | 26.36 | 35.60 | 35.05 % |
Call Request
Comments Analysis: