-
Bank Ranking
Banks Ratios
Cement Statistics
Cement Ranking
Cement Ratios
Monetary and Economic Statistics
Oil, Gas and Fuel
Macro Economy
Consumer Spending
Inflation
Exports & Imports
Food Prices
Non Food Prices
Construction Materials
Petrochem. Ranking
Petrochem. Ratios
Retail Rankings
Retail Ratios
Grocery Ranking
Grocery Ratios
Top Growth
Dividend History
Electrical Industries records highest close since listing
02/01/2024
Argaam Exclusive
AI Summary
Content Summary:
AI Summary
Content Summary: 
Loading data...
Please note that this news summary has been generated using artificial intelligence. It is recommended to review the original
sources for complete details and to verify the accuracy of the information.
Shares of Electrical Industries Co. hit a lifetime high today, Jan. 2, closing 5% higher at SAR 3.02 apiece, the highest since listing on the Saudi Exchange (Tadawul).
About 17 million shares were traded during the day.
The stock reached an intraday high of SAR 3.06.
| Year High (SAR) | Year Low (SAR) |
| 3.06 | 0.94 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 3.06 | 0.46 |
Accordingly, the stock’s gains in the last 12 months stood at more than 200%.
Market Data :
| Open | 8.84 |
| Low | 8.77 |
| High | 8.97 |
| Previous Close | 8.83 |
| Change (3M) | 18.88 % |
| Change (6M) | 41.68 % |
| Market Value | 10,057.50 |
| Avg. Volume (3M) | 4,077,661.79 |
| Avg. Turnover (3M) | 35,502,291.35 |
| Avg. Transaction (3M) | 4,102.92 |
| Change(12M) | 38.18 % |
| YTD | 23.48 % |
The company reduced the stock par value in October 2023 and the stock price was adjusted to SAR 2.05. Since then, the stock has risen about 50%.
Electrical Industries carried out one adjustment to its capital last year through a bonus share issue.
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 ...
Follow us on
Comments {{getCommentCount()}}
Be the first to comment
{{Comments.indexOf(comment)+1}}
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}
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.
Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 10,057.51 |
| Shares Outstanding ((M)) | 1,125.00 |
| EPS ( ) | 43.20 |
| Book Value (BV) ( Riyal) (Latest announcement) | 0.95 |
| Recurring P/E | 20.89 |
| Price/book | 9.38 |
| Dividend Yield (%) (Last Year) | 2.52 |
| Return on Average Assets (%) (TTM) | 23.05 |
| Return on Average Equity (%) (TTM) | 51.01 |
| Par Value ( Halala) | 50.00 |
| Enterprise Value (EV) (M Riyal) | 9,880.46 |
| EV/adj EBITDA | 17.61 |
| EV/Revenues | 4.97 |
Calendar :
-
31 March
Ex-dividend Date
- -
24 April
Cash Dividend Distribution
- -
28 April
General Assembly
- -
16 July
General Assembly
- -
08 August
Ex-dividend Date
- -
28 August
Cash Dividend Distribution
-
Call Request
Comments Analysis: