Elm closes at all-time high

10/01/2024 Argaam Exclusive

Shares of Elm Co., listed in the software and services sector, rose today, Jan. 10, by 2% to SAR 887.20, notching their highest close since its debut on the Saudi Exchange (Tadawul). Nearly 221,000 shares were traded. 

Year High (SAR) Year Low (SAR)
900.00 328.60
Highest Since Debut (SAR) Lowest Since Debut (SAR)
900.00 140.80

The stock hit an intraday high of SAR 900. 

 

Compared to the listing price of SAR 128, the stock's gains exceeded 600%.

Market Data :

Open 890.50
Low 887.00
High 900.50
Previous Close 890.50
Change (3M) (15.19 %)
Change (6M) (18.26 %)
Market Value 71,240.00
Avg. Volume (3M) 66,042.35
Avg. Turnover (3M) 62,864,807.16
Avg. Transaction (3M) 5,441.40
Change(12M) (10.70 %)
YTD (20.13 %)

Elm has not made any changes to its capital since listing in February 2022, as indicated below:

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2022 IPO   800.00 0.00%

Financial Performance :



Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 71,240.07
Shares Outstanding ((M)) 80.00
EPS ( Riyal) (TTM) 26.02
Book Value (BV) ( Riyal) (Latest announcement) 40.81
Recurring P/E 36.55
Price/book 21.82
Dividend Yield (%) (Last Year) 0.84
Return on Average Assets (%) (TTM) 21.15
Return on Average Equity (%) (TTM) 53.29
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M Riyal) 70,242.10
EV/adj EBITDA 33.38
EV/Revenues 8.65


Analyst Estimates :

667.17

Fair Average Price

3

Number of Recommendations

Rating Research firm Current Price Target Price Change
Neutral AlJazira Capital 744.60 566.50 (23.92 %)
Neutral Citi Bank Group 709.20 770.00 8.57 %
Neutral Riyad Capital 710.60 665.00 (6.42 %)

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