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
Chart

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 952.00
Low 941.00
High 953.50
Previous Close 950.50
Change (3M) 4.36 %
Change (6M) (8.53 %)
Market Value 75,720.00
Avg. Volume (3M) 69,469.70
Avg. Turnover (3M) 62,290,295.61
Avg. Transaction (3M) 3,915.69
Change(12M) (7.77 %)
YTD (15.11 %)
Overview

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%
Company Action

Financial Performance :

Financial Statements

Overview :

The company was established in Riyadh in 1988 as a limited liability company with SAR 500,000 in capital under the name of Al-Elm Research and Development Company. In 2002, it was rebranded as Al-Elm Information Security Company, reflecting its focus on electronic services and information security, with an expansion of services to the government sector. Two years later, it launched “YaKeen,” the Kingdom’s first electronic documentation service. The company was transformed into ...
Profile


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 75,720.08
Shares Outstanding ((M)) 80.00
EPS ( Riyal) (TTM) 26.02
Book Value (BV) ( Riyal) (Latest announcement) 40.81
Recurring P/E 38.85
Price/book 23.19
Dividend Yield (%) (Last Year) 0.79
Return on Average Assets (%) (TTM) 21.15
Return on Average Equity (%) (TTM) 53.29
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M Riyal) 74,722.11
EV/adj EBITDA 35.51
EV/Revenues 9.20
Ratios


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 %)
Estimates

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