Electrical Industries closes at highest level since 2014

18/12/2023 Argaam Exclusive

Electrical Industries Co.’s stock rose today, Dec. 18, by 3% to SAR 2.94, notching its highest close in nine years or since December 2014, with nearly 17 million shares traded.

 

The stock hit its highest price today at SAR 3.02 million.

Year High (SAR) Year Low (SAR)
3.02 0.93
Highest Since Debut (SAR) Lowest Since Debut (SAR)
3.03 0.46

Accordingly, year-to-date (YTD) gains reached 200%.

Market Data :

Open 9.31
Low 9.11
High 9.48
Previous Close 9.30
Change (3M) 28.16 %
Change (6M) 25.71 %
Market Value 10,395.00
Avg. Volume (3M) 4,744,519.18
Avg. Turnover (3M) 39,210,375.03
Avg. Transaction (3M) 4,190.02
Change(12M) 40.21 %
YTD 27.62 %

The company went through a stock split in October 2023, bringing the stock price to SAR 2.05. Ever since, the stock has risen by 45%.

 

Electrical Industries raised its capital once in 2023 through the distribution of bonus shares, as indicated below:

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2023 Split   562.50 25.00%
2014 IPO   450.00 0.00%

Financial Performance :

Overview :

The company was founded in 2007 as a closed Saudi joint-stock company in Dammam, with capital of SAR 2 million. In 2014, it was converted into a public Saudi joint-stock company. The company's primary business activities revolve around the manufacturing, assembly, supply, installation, and maintenance of a wide range of electrical equipment, including electrical transformers, compact distribution substations, small and medium power transformers, low voltage distribution panels, cable trays ...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 10,395.01
Shares Outstanding ((M)) 1,125.00
EPS ( Halala) 43.20
Book Value (BV) ( Riyal) (Latest announcement) 0.95
Recurring P/E 21.59
Price/book 9.70
Dividend Yield (%) (Last Year) 2.44
Return on Average Assets (%) (TTM) 23.05
Return on Average Equity (%) (TTM) 51.01
Par Value ( Halala) 50.00
Enterprise Value (EV) (M Riyal) 10,217.96
EV/adj EBITDA 18.21
EV/Revenues 5.14


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