Nahdi records lowest close since debut

19/12/2023 Argaam Exclusive

Shares of Nahdi Medical Co. dropped today, Dec. 19, by 1% to SAR 130.20, the lowest close since its debut on the main market (TASI), with a trading volume of nearly 780,000 shares.

Year High (SAR) Year Low (SAR)
190.40 129.00
Highest Since Debut (SAR) Lowest Since Debut (SAR)
209.40 129.00

The stock hit an intraday low of SAR 129, while the year-to-date (YTD) losses increased to more than 20%.

Market Data :

Open 123.80
Low 123.80
High 127.20
Previous Close 123.80
Change (3M) 8.01 %
Change (6M) 3.93 %
Market Value 16,484.00
Avg. Volume (3M) 324,711.53
Avg. Turnover (3M) 37,154,374.67
Avg. Transaction (3M) 1,864.50
Change(12M) (3.94 %)
YTD 7.82 %

The company has not made any changes to its capital since its debut in March 2022.

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2022 IPO   1,300.00 0.00%

Financial Performance :

Overview :

Established in 1986 as a sole proprietorship operating two pharmacies in Jeddah, the entity was converted into a limited liability company in 2003 under the name of Abdullah Amer bin Munif AlNahdi & Partners Company for Pharmacies and Medical Equipment, with capital of SAR 50 million. Subsequently, in 2004, the company was renamed to Nahdi Medical Company. The organization initiated Nahdi Academy in 2009 for employee training and development. In 2013, a new corporate identity was launched, a...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 16,484.02
Shares Outstanding ((M)) 130.00
EPS ( Riyal) (TTM) 6.48
Book Value (BV) ( Riyal) (Latest announcement) 18.84
Adjusted P/E (Last12) 20.80
Price/book 6.73
Dividend Yield (%) (Last Year) 4.34
Return on Average Assets (%) (TTM) 13.82
Return on Average Equity (%) (TTM) 35.37
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M) 15,496.18


Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
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.