-
Bank Ranking
Banks Ratios
Cement Statistics
Cement Ranking
Cement Ratios
Monetary and Economic Statistics
Oil, Gas and Fuel
Macro Economy
Consumer Spending
Inflation
Exports & Imports
Food Prices
Non Food Prices
Construction Materials
Petrochem. Ranking
Petrochem. Ratios
Retail Rankings
Retail Ratios
Grocery Ranking
Grocery Ratios
Top Growth
Dividend History
Shams plummets to lowest close in 3 years
12/11/2023
Argaam Exclusive
AI Summary
Content Summary:
AI Summary
Content Summary: 
Loading data...
Please note that this news summary has been generated using artificial intelligence. It is recommended to review the original
sources for complete details and to verify the accuracy of the information.
Shares of Tourism Enterprises Company (Shams) fell by 3% today, Nov. 12, to the lowest close in three years, at SAR 0.59 apiece, with nearly 35 million shares traded.
| Year High (SAR) | Year Low (SAR) |
| 35.25 | 11.60 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 54.49 | 1.69 |
Accordingly, the stock’s year-to-date losses amounted to 15%, and 60% from a year ago, as the table below shows:
Market Data :
| Open | 17.42 |
| Low | 17.41 |
| High | 17.58 |
| Previous Close | 17.42 |
| Change (3M) | 19.79 % |
| Change (6M) | 48.34 % |
| Market Value | 1,007.80 |
| Avg. Volume (3M) | 729,809.28 |
| Avg. Turnover (3M) | 11,545,626.19 |
| Avg. Transaction (3M) | 1,485.59 |
| Change(12M) | 22.75 % |
| YTD | 57.88 % |
The company adjusted its capital several times since its listing on Tadawul in 1999, as follows:
The company split the par value of stock in June.
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2022 | Right Issue | 578.24 | 999.94% |
| 2021 | Bonus Shares | 52.57 | (48.21%) |
| 2014 | Right Issue Cancelled | 491.50 | 384.24% |
Financial Performance :
Overview :
Tourism Enterprise Co. (Shams) was established in 1991 in Dammam as a closed joint-stock company, with capital of SAR 101.50 million. In 1999, the company was converted into a public joint-stock company.
The company's core business activity is managing the Palm Beach Resort tourism project. Shams generates revenue through providing three main services: daily rentals, other service fees, and annual rentals. Daily rentals are the predominant contributor to the company's revenue stream.
Follow us on
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) | 1,007.80 |
| Shares Outstanding ((M)) | 57.82 |
| Recurring EPS ( Riyal) (TTM) | (0.18 ) |
| Book Value (BV) ( Riyal) (Latest announcement) | 8.31 |
| Recurring P/E (TTM) | Neg |
| Price/book | 2.10 |
| Dividend Yield (%) (Last Year) | - |
| Return on Average Assets (%) (TTM) | (3.21 ) |
| Return on Average Equity (%) (TTM) | (3.40 ) |
| Par Value ( Riyal) | 10.00 |
| Enterprise Value (EV) (M Riyal) | 757.67 |
| EV/adj EBITDA | (67.18) |
| EV/Revenues | 79.75 |
Calendar :
-
27 June
General Assembly
- -
22 June
General Assembly
- -
18 September
General Assembly
- -
16 October
General Assembly
- -
04 June
General Assembly
-
Call Request
Comments Analysis: