15/10/2023 Argaam Exclusive
AI Summary
Shares of Saudi Awwal Bank (SAB) dropped to their lowest level since December 2021, ending 2% lower at SAR 31.50 today, Oct. 15.
| Year High (SAR) | Year Low (SAR) |
| 43.70 | 31.40 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 58.96 | 2.26 |
The stock hit an intraday low of SAR 31.40, with about 1.1 million shares exchanged.
Accordingly, the stock recorded a decline of 17% year-to-date and a 19% fall in the last three months.
| Open | 33.82 |
| Low | 33.68 |
| High | 34.60 |
| Previous Close | 33.64 |
| Change (3M) | (6.20 %) |
| Change (6M) | 4.76 % |
| Market Value | 70,931.70 |
| Avg. Volume (3M) | 2,031,209.98 |
| Avg. Turnover (3M) | 68,297,220.38 |
| Avg. Transaction (3M) | 2,475.16 |
| Change(12M) | (9.04 %) |
| YTD | 2.59 % |
The bank carried out the following capital amendments:
| Date | Type | Capital (M Riyal) | Change (%) |
| 2019 | Private Offering | 20,555.00 | 37.03% |
| 2015 | Split | 15,000.00 | 50.00% |
| 2012 | Split | 10,000.00 | 33.33% |
| 2009 | Split | 7,500.00 | 25.00% |
| 2008 | Split | 6,000.00 | 60.00% |
| 2006 | Split | 3,750.00 | 50.00% |
| 2004 | Split | 2,500.00 | 25.00% |
| 2001 | Split | 2,000.00 | 25.00% |
| 1998 | Split | 1,600.00 | 28.00% |
| 1996 | Split | 1,250.00 | 25.00% |
| Financial Ratio | Current |
| Market Cap (M Riyal) | 70,931.70 |
| Shares Outstanding ((M)) | 2,054.80 |
| EPS ( ) (TTM) | 3.97 |
| Book Value (BV) ( Riyal) (Latest announcement) | 31.04 |
| Recurring P/E | 7.95 |
| Price/book | 1.11 |
| Dividends Per Share ( ) | - |
| Dividend Yield (%) (Last Year) | 5.79 |
| Return on Average Assets (%) (TTM) | 2.05 |
| Return on Average Equity (%) (TTM) | 13.29 |
| EPS Diluted ( Riyal) | 3.97 |
| Par Value ( Riyal) | 10.00 |
Fair Average Price
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Buy | Citi Bank Group | 35.60 | 44.00 | 23.60 % | |
| Neutral | Riyad Capital | 40.85 | 38.00 | (6.98 %) |
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