Alsaif Gallery closes at lowest level since debut

09/11/2023 Argaam Exclusive

Shares of AlSaif Stores for Development and Investment Co. (Alsaif Gallery) slumped 1% today, Nov. 9, recording the lowest close since listing, as about 1.2 million shares exchanged hands. 

Year High (SAR) Year Low (SAR)
11.30 7.43
Highest Since Debut (SAR) Lowest Since Debut (SAR)
11.30 7.43

Nearly 500,000 shares have been traded so far.

 

With today's decline, the stock's year-to-date losses amounted to 18%. Compared to its highest price, its losses hit 34%.  

Market Data :

Open 6.85
Low 6.83
High 6.89
Previous Close 6.85
Change (3M) (1.99 %)
Change (6M) (11.21 %)
Market Value 2,411.50
Avg. Volume (3M) 210,202.86
Avg. Turnover (3M) 1,477,265.18
Avg. Transaction (3M) 429.24
Change(12M) (15.15 %)
YTD (14.09 %)

The retailer reduced the stock’s par value from SAR 10 to SAR 1.

 

The company’s Q3 2023 net profit dropped 45% to SAR 15.3 million, compared to the year-earlier period.

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2022 IPO   350.00 0.00%

Financial Performance :

Overview :

The company was established as a sole proprietorship in 1993 in Riyadh and opened its first store under the brand “Alsaif Gallery” in 2006. In 2014, the company was converted into a closed joint-stock company adopting the name Alsaif Stores Development & Investment Holding Company. The following year, it introduced products under the "Edison" brand. The company entered the e-commerce market with the launch of an online store in 2016, followed by the establishment of a U...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 2,411.50
Shares Outstanding ((M)) 350.00
EPS ( Riyal) (TTM) 0.14
Book Value (BV) ( Riyal) (Latest announcement) 1.36
Recurring P/E More than 100
Price/book 5.07
Dividend Yield (%) (Last Year) 2.90
Return on Average Assets (%) (TTM) 5.73
Return on Average Equity (%) (TTM) 10.56
Par Value ( Riyal) 1.00
Enterprise Value (EV) (M Riyal) 2,435.15
EV/adj EBITDA 32.66
EV/Revenues 3.47


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