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 9.78
Low 9.65
High 9.85
Previous Close 9.78
Change (3M) (4.49 %)
Change (6M) (27.88 %)
Market Value 2,958.00
Avg. Volume (3M) 395,288.55
Avg. Turnover (3M) 4,255,279.56
Avg. Transaction (3M) 1,126.68
Change(12M) (36.33 %)
YTD (30.34 %)

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 :



Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 2,949.00
Shares Outstanding ((M)) 300.00
EPS ( Riyal) (TTM) 0.47
Book Value (BV) ( Riyal) (Latest announcement) 2.02
Recurring P/E 23.38
Price/book 4.86
Dividend Yield (%) (Last Year) 0.35
Return on Average Assets (%) (TTM) 9.92
Return on Average Equity (%) (TTM) 26.41
Par Value ( Riyal) 1.00
Enterprise Value (EV) (M Riyal) 3,467.24
EV/adj EBITDA 19.08
EV/Revenues 3.01


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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