ACWA Power hits lowest close in 2 years
Shares of ACWA Power Co. plunged 2% to their lowest price since October 2023 to close at SAR 191 today, Nov.27.
The stock closed at SAR 190.6.
| Year High (SAR) | Year Low (SAR) |
| 435.33 | 190.60 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 496.84 | 62.67 |
With today’s decline, the stock is down nearly 21% since the beginning of the month, bringing its total losses for the year to over 50%.
Market Data :
| Open | 166.50 |
| Low | 164.20 |
| High | 167.50 |
| Previous Close | 166.50 |
| Change (3M) | (10.87 %) |
| Change (6M) | (9.06 %) |
| Market Value | 126,930.74 |
| Avg. Volume (3M) | 312,802.34 |
| Avg. Turnover (3M) | 53,491,242.43 |
| Avg. Transaction (3M) | 3,633.45 |
| Change(12M) | (24.38 %) |
| YTD | (8.91 %) |
The company adjusted its capital several times since its listing on Tadawul, as shown below:
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2025 | Right Issue | 7,664.90 | 4.63% |
| 2024 | Bonus Shares | 7,325.62 | 0.20% |
| 2021 | IPO | 7,311.00 | 13.21% |
Financial Performance :
Overview :
The company was initially established in 2008 in Riyadh as a closed Saudi joint-stock company under the name International Company for Water and Power Projects, with capital of SAR 2.92 billion, serving as the group's holding entity. The firm subsequently converted into a public joint-stock company in 2021, and formally changed its corporate name to ACWA Power Co. in early 2022.
Activities and Business Segments
The company’s core scope of business includes water and energy supply...
Comments {{getCommentCount()}}
Be the first to comment
{{Comments.indexOf(comment)+1}}
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}
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.
Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 126,930.74 |
| Shares Outstanding ((M)) | 766.49 |
| Recurring EPS ( Riyal) (TTM) | 2.48 |
| Book Value (BV) ( Riyal) (Latest announcement) | 43.90 |
| Recurring P/E (TTM) | 66.66 |
| Price/book | 3.77 |
| Dividend Yield (%) (Last Year) | 0.28 |
| Return on Average Assets (%) (TTM) | 2.53 |
| Return on Average Equity (%) (TTM) | 6.02 |
| Par Value ( Riyal) | 10.00 |
| Enterprise Value (EV) (M Riyal) | 154,044.86 |
| EV/adj EBITDA | 59.40 |
| EV/ EBITDA | - |
| EV/Revenues | 18.61 |
Calendar :
-
23 February
General Assembly
- -
17 May
General Assembly
- -
25 August
Ex-dividend Date
- -
25 August
General Assembly
- -
09 September
Cash Dividend Distribution
-
Analyst Estimates :
207
Fair Average Price
1
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Underweight | Morgan Stanley International | 211.40 | 207.00 | (2.08 %) |
Call Request
Comments Analysis: