2P closes at all-time high

11/01/2024 Argaam Exclusive

Shares of Perfect Presentation for Commercial Services Co. (2P) rose today, Jan. 11, by 10% to close at a lifetime high of SAR 27.30.

Year High (SAR) Year Low (SAR)
13.65 8.05
Highest Since Debut (SAR) Lowest Since Debut (SAR)
13.65 6.89

The stock is currently trading 6% higher, with over three million shares traded so far.

 

Market Data :

Open 10.12
Low 10.11
High 10.34
Previous Close 10.12
Change (3M) (5.46 %)
Change (6M) (18.32 %)
Market Value 3,063.00
Avg. Volume (3M) 475,218.11
Avg. Turnover (3M) 4,974,864.97
Avg. Transaction (3M) 1,212.22
Change(12M) (29.29 %)
YTD (27.28 %)

The company has not made any changes to its capital but reduced the stock’s nominal value from SAR 10 to SAR 1.

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2025 Employee Bonuses   330.00 10.00%
2024 Split   300.00 100.00%
2022 IPO   150.00 0.00%

2P signed an open-ended framework agreement to provide administrative, strategic, technical, and legal consulting services for the Ministry of Investment with an annual cap of SAR 500 million.

Financial Performance :

Overview :

The company was established in Riyadh in 2003 as a sole proprietorship operating under the name “Perfect Presentation Office for Commercial Services”. A year later, it was transitioned into a limited liability company, changing its name to “Perfect Presentation for Commercial Services” with capital of SAR 50,000. In 2005, the company diversified into technology with the launch of its “Smart Cash” electronic payment service, the creation of an integrated call c...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 3,063.00
Shares Outstanding ((M)) 300.00
EPS ( Riyal) (TTM) 0.47
Book Value (BV) ( Riyal) (Latest announcement) 2.02
Recurring P/E 24.23
Price/book 5.04
Dividend Yield (%) (Last Year) 0.34
Return on Average Assets (%) (TTM) 9.92
Return on Average Equity (%) (TTM) 26.41
Par Value ( Riyal) 1.00
Enterprise Value (EV) (M Riyal) 3,581.24
EV/adj EBITDA 19.71
EV/Revenues 3.11


Analyst Estimates :

13

Fair Average Price

1

Number of Recommendations

Rating Research firm Current Price Target Price Change
Overweight AlJazira Capital 11.29 13.00 15.15 %

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