Astra closes at lifetime high

21/11/2023 Argaam Exclusive

Astra Industrial Group rose more than 3% to close today, Nov. 21, at its highest level since debut at SAR 101.60 on the Saudi Exchange (Tadawul), with over 745,000 shares were traded.

 

The stock hit an intra-day high of SAR 103.

 

Year High (SAR) Year Low (SAR)
103.00 46.95
Highest Since Debut (SAR) Lowest Since Debut (SAR)
103.00 11.80

Astra raised its gains to over 90% year to date and 110% since the previous year.

Market Data :

Open 143.60
Low 141.70
High 144.60
Previous Close 144.70
Change (3M) (10.30 %)
Change (6M) (19.92 %)
Market Value 11,352.00
Avg. Volume (3M) 76,159.95
Avg. Turnover (3M) 11,268,006.24
Avg. Transaction (3M) 1,197.35
Change(12M) (14.21 %)
YTD (21.17 %)

The company changed its capital once in 2015 by distributing bonus shares, as shown in the following table:

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2015 Split   800.00 7.94%
2008 IPO   741.12 42.86%

Financial Performance :

Overview :

The company was established as a limited liability company in Riyadh in 1988. It was converted into a closed Saudi joint-stock company in 2008 and subsequently became a public joint-stock company in the same year. The company's core activity is investing in industrial facilities through its subsidiaries, as it operates as a holding company. Its key operations span multiple sectors, including pharmaceuticals, through Tabuk Pharmaceuticals; polymer compounds, colors and other additives, throu...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 11,352.01
Shares Outstanding ((M)) 80.00
EPS ( Riyal) (TTM) 7.72
Book Value (BV) ( Riyal) (Latest announcement) 32.94
Recurring P/E 18.38
Price/book 4.31
Dividend Yield (%) (Last Year) 2.11
Return on Average Assets (%) (TTM) 13.83
Return on Average Equity (%) (TTM) 25.31
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M Riyal) 11,017.24
EV/adj EBITDA 13.74
EV/Revenues 3.72


Analyst Estimates :

96.59

Fair Average Price

1

Number of Recommendations

Rating Research firm Current Price Target Price Change
Hold United Securities Company 91.00 96.59 6.14 %

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