Care closes at highest level since 2013

04/12/2023 Argaam Exclusive

National Medical Care Co.’s (Care) stock rose today, Dec. 4, by 7% to SAR 151.40, notching its highest close since 2013 on the Saudi Exchange (Tadawul).

 

Nearly 512,000 shares were traded.

 

Care hit an intraday high of SAR 154.80.

Year High (SAR) Year Low (SAR)
154.80 67.20
Highest Since Debut (SAR) Lowest Since Debut (SAR)
200.00 31.70

This increase took the year-to-date gains to more than 90%.

Market Data :

Open 164.30
Low 160.10
High 164.30
Previous Close 164.50
Change (3M) (1.52 %)
Change (6M) (4.32 %)
Market Value 7,243.28
Avg. Volume (3M) 72,842.61
Avg. Turnover (3M) 12,243,984.23
Avg. Transaction (3M) 1,253.44
Change(12M) (20.13 %)
YTD (3.29 %)

The company's capital has remained unchanged since its listing on March 13, 2013.

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2013 IPO   448.50 17.72%

Financial Performance :

Overview :

The company was initially established as a closed Saudi joint-stock company in Riyadh in 2003, with capital of SAR 300 million. In 2013, it was transitioned into a public joint-stock company. The company's activities include establishing, owning, equipping, managing, and maintaining hospitals, health centers, and health units, alongside wholesale and retail trade of medicines, equipment, and medical supplies. These operations are conducted through two primary segments: the medical services ...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 7,243.28
Shares Outstanding ((M)) 44.85
EPS ( Riyal) (TTM) 6.97
Book Value (BV) ( Riyal) (Latest announcement) 38.03
Recurring P/E 26.79
Price/book 4.25
Dividend Yield (%) (Last Year) 1.24
Return on Average Assets (%) (TTM) 13.23
Return on Average Equity (%) (TTM) 19.46
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M Riyal) 7,044.33
EV/adj EBITDA 17.95
EV/Revenues 4.75


Analyst Estimates :

140

Fair Average Price

2

Number of Recommendations

Rating Research firm Current Price Target Price Change
Neutral Al Rajhi Capital 140.00 143.00 2.14 %
Overweight Al Rajhi Capital 119.00 137.00 15.13 %

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