Emaar EC tumbles to lowest price since July 2020

12/10/2023 Argaam Exclusive

Shares of Emaar The Economic City Co. (Emaar EC) retreated today, Oct. 12, to the lowest price since July 2020, at SAR 6.96 each.

Year High (SAR) Year Low (SAR)
22.36 15.08
Highest Since Debut (SAR) Lowest Since Debut (SAR)
108.35 12.03

The stock is trading down at less than 1% today, with around 300,000 shares traded so far. 

 

It lost 13% since the beginning of October, while incurring 30% during the last 12 months. 

Market Data :

Open 13.48
Low 13.46
High 13.74
Previous Close 13.50
Change (3M) (19.46 %)
Change (6M) (23.60 %)
Market Value 7,189.59
Avg. Volume (3M) 252,407.95
Avg. Turnover (3M) 3,732,926.52
Avg. Transaction (3M) 968.62
Change(12M) (15.34 %)
YTD (27.53 %)

Emaar EC raised its capital once through a debt transfer in 2021, as the following table shows: 

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2025 Private Offering   9,350.82 78.70%
2024 Reduction   5,232.60 (53.83%)
2021 Private Offering   11,333.33 33.33%
2006 IPO   8,500.00 0.00%

Financial Performance :



Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 7,189.59
Shares Outstanding ((M)) 523.26
EPS ( Riyal) (TTM) (2.17 )
Book Value (BV) ( Riyal) (Latest announcement) 10.07
Adjusted P/E (Last12) Neg
Price/book 1.37
Dividend Yield (%) (Last Year) 0.00
Return on Average Assets (%) (TTM) (7.50 )
Return on Average Equity (%) (TTM) (19.44 )
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M) 14,969.73


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