flynas shares end at all-time low

19/11/2025 Argaam Exclusive

TASI-listed flynas Co. fell 1% to SAR 69.10, hitting its lowest level since listing during trading today, Nov. 19.

 

The stock recorded an intraday low of SAR 68.50.

Year High (SAR) Year Low (SAR)
84.10 68.50
Highest Since Debut (SAR) Lowest Since Debut (SAR)
84.10 68.50

Last June, the Saudi budget carrier floated its shares on TASI at SAR 80 per share.

 

Accordingly, the stock has lost nearly 14% from its listing price.

Market Data :

Open 60.45
Low 60.45
High 61.70
Previous Close 60.40
Change (3M) (23.32 %)
Change (6M) (14.73 %)
Market Value 10,336.43
Avg. Volume (3M) 554,219.12
Avg. Turnover (3M) 37,196,359.20
Avg. Transaction (3M) 2,857.98
Change(12M) n/a
YTD (6.99 %)

It has made no changes to its capital structure since listing.

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2025 IPO   1,708.52 11.36%

Financial Performance :

Overview :

Established in Riyadh in 2010 as a limited liability company with capital of SAR 300,000, the company initially operated as a subsidiary of NAS Holding, which was founded in 1999. NAS Holding secured the inaugural Saudi air operator certificate from the General Authority of Civil Aviation (GACA) in 2007, enabling the launch of scheduled low-cost flights under the NasAir brand. In 2013, the company rebranded to flynas, and two years later, the air operator certificate was transferred from NAS Hol...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 10,336.44
Shares Outstanding ((M)) 170.85
EPS ( Riyal) (TTM) (3.83 )
Book Value (BV) ( Riyal) (Latest announcement) 20.47
Recurring P/E 30.99
Price/book 2.96
Dividend Yield (%) (Last Year) -
Return on Average Assets (%) (TTM) (4.23 )
Return on Average Equity (%) (TTM) (25.06 )
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M Riyal) 7,267.85
EV/adj EBITDA 3.06
EV/Revenues 0.94


Analyst Estimates :

93.4

Fair Average Price

1

Number of Recommendations

Rating Research firm Current Price Target Price Change
Overweight ANB Capital 78.00 93.40 19.74 %

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