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 | 121.20 |
| Low | 117.80 |
| High | 121.90 |
| Previous Close | 121.20 |
| Change (3M) | 25.96 % |
| Change (6M) | 19.09 % |
| Market Value | 6,484.50 |
| Avg. Volume (3M) | 323,629.74 |
| Avg. Turnover (3M) | 36,283,533.52 |
| Avg. Transaction (3M) | 2,304.88 |
| Change(12M) | (19.80 %) |
| YTD | (18.80 %) |
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) | 6,484.51 |
| Shares Outstanding ((M)) | 55.00 |
| EPS ( ) (TTM) | (4.51 ) |
| Book Value (BV) ( Riyal) (Latest announcement) | 19.04 |
| Recurring P/E | Neg |
| Price/book | 6.19 |
| Dividend Yield (%) (Last Year) | 1.77 |
| Return on Average Assets (%) (TTM) | (2.63 ) |
| Return on Average Equity (%) (TTM) | (21.17 ) |
| Par Value ( Riyal) | 10.00 |
| Enterprise Value (EV) (M Riyal) | 8,810.29 |
| EV/adj EBITDA | 6.42 |
| EV/Revenues | 4.61 |
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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