26/12/2023 Argaam Exclusive
Arabian Contracting Services Co. (Al Arabia) stock rose today, Dec. 26, by more than 3% to SAR 229.40, notching its highest close since its debut on the Saudi Exchange (Tadawul). Nearly 200,000 shares were traded.
| Year High (SAR) | Year Low (SAR) |
| 211.82 | 95.09 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 211.82 | 77.00 |
The stock also hit an all-time high today at SAR 233, before paring gains.
The stock recorded year-to-date gains exceeding 100%.
| Open | 116.50 |
| Low | 115.70 |
| High | 119.50 |
| Previous Close | 117.10 |
| Change (3M) | 21.02 % |
| Change (6M) | (10.02 %) |
| Market Value | 6,523.00 |
| Avg. Volume (3M) | 284,648.55 |
| Avg. Turnover (3M) | 28,011,419.56 |
| Avg. Transaction (3M) | 2,233.34 |
| Change(12M) | (25.45 %) |
| YTD | (18.32 %) |
The company has not made any changes to its capital since listing on Tadawul in December 2021, as indicated below:
| Date | Type | Capital (M Riyal) | Change (%) |
| 2024 | Split | 550.00 | 10.00% |
| 2021 | IPO | 500.00 | 0.00% |
| 2015 | IPO Cancelled | 550.00 | 42.86% |
| Financial Ratio | Current |
| Market Cap (M Riyal) | 6,523.01 |
| Shares Outstanding ((M)) | 55.00 |
| EPS ( ) (TTM) | 0.27 |
| Book Value (BV) ( Riyal) (Latest announcement) | 23.00 |
| Recurring P/E | Neg |
| Price/book | 5.16 |
| Dividend Yield (%) (Last Year) | 1.76 |
| Return on Average Assets (%) (TTM) | 0.15 |
| Return on Average Equity (%) (TTM) | 1.17 |
| Par Value ( Riyal) | 10.00 |
| Enterprise Value (EV) (M Riyal) | 8,970.75 |
| EV/adj EBITDA | 6.63 |
| EV/Revenues | 4.86 |
Fair Average Price
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Hold | YAQEEN | 232.18 | 254.55 | 9.63 % |
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