14/01/2024 Argaam Exclusive
Arabian Drilling Co. (ADC), listed on the main market (TASI), rose 1% today, Jan. 14, to SAR 208.20, notching its highest close since its debut. Nearly 155,000 shares were traded.
| Year High (SAR) | Year Low (SAR) |
| 211.60 | 124.20 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 211.60 | 100.00 |
With today's rise, the stock's gained about 110%, compared to its listing price of SAR 100.
| Open | 92.20 |
| Low | 91.30 |
| High | 92.95 |
| Previous Close | 92.30 |
| Change (3M) | 12.28 % |
| Change (6M) | (10.25 %) |
| Market Value | 8,219.15 |
| Avg. Volume (3M) | 203,338.51 |
| Avg. Turnover (3M) | 17,421,411.18 |
| Avg. Transaction (3M) | 2,162.42 |
| Change(12M) | 23.13 % |
| YTD | (6.48 %) |
The company did not make any amendments to its capital since listing on TASI on Nov. 7, 2022.
| Date | Type | Capital (M Riyal) | Change (%) |
| 2022 | IPO | 890.00 | 42.86% |
| Financial Ratio | Current |
| Market Cap (M Riyal) | 8,219.16 |
| Shares Outstanding ((M)) | 89.00 |
| Recurring EPS ( Riyal) (TTM) | (0.43 ) |
| Book Value (BV) ( Riyal) (Latest announcement) | 64.65 |
| Recurring P/E (TTM) | Neg |
| Price/book | 1.43 |
| Dividend Yield (%) (Last Year) | - |
| Return on Average Assets (%) (TTM) | (1.38 ) |
| Return on Average Equity (%) (TTM) | (2.44 ) |
| Par Value ( Riyal) | 10.00 |
| Enterprise Value (EV) (M Riyal) | 10,530.99 |
| EV/adj EBITDA | 9.36 |
| EV/Revenues | 3.15 |
Fair Average Price
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Neutral | Al Rajhi Capital | 187.60 | 188.00 | 0.21 % |
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