Southern Cement sinks to lowest price in 4 years
Southern Province Cement Co., listed on the main market (TASI), recorded the lowest price since January 2019 at SAR 39.10, today, Jan. 15.
The stock closed today’s session 0.4% higher at SAR 40.35 per share.
| Year High (SAR) | Year Low (SAR) |
| 54.60 | 39.10 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 185.85 | 12.71 |
Market Data :
| Open | 22.10 |
| Low | 21.85 |
| High | 22.10 |
| Previous Close | 22.10 |
| Change (3M) | (20.25 %) |
| Change (6M) | (20.94 %) |
| Market Value | 3,077.20 |
| Avg. Volume (3M) | 92,899.65 |
| Avg. Turnover (3M) | 2,298,234.03 |
| Avg. Transaction (3M) | 619.38 |
| Change(12M) | (34.09 %) |
| YTD | (36.29 %) |
The company adjusted its capital in 2006 by distributing bonus shares, as shown in the table below:
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2006 | Split | 1,400.00 | 33.33% |
Financial Performance :
Overview :
The company was established in Riyadh in 2006 as a Saudi joint-stock company with capital of SAR 1.021 billion, following the issuance of the industrial license by the Ministry of Commerce and Industry in 2005. Five years later, the company initiated its trial and commercial operations. The company conducts its activities through its factory located in Tarif.
The company operates across three primary business segments: the ordinary cement segment, the clinker segment, and the transportation r...
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Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 3,077.20 |
| Shares Outstanding ((M)) | 140.00 |
| EPS ( ) (TTM) | 1.02 |
| Book Value (BV) ( Riyal) (Latest announcement) | 23.51 |
| Recurring P/E | 21.54 |
| Price/book | 0.93 |
| Dividend Yield (%) (Last Year) | 5.46 |
| Return on Average Assets (%) (TTM) | 3.15 |
| Return on Average Equity (%) (TTM) | 4.37 |
| Par Value ( Riyal) | 10.00 |
| Enterprise Value (EV) (M Riyal) | 4,223.96 |
| EV/adj EBITDA | 11.46 |
| EV/Revenues | 4.85 |
Calendar :
-
20 May
Ex-dividend Date
- -
20 May
General Assembly
- -
29 May
Cash Dividend Distribution
- -
11 August
Ex-dividend Date
- -
25 August
Cash Dividend Distribution
- -
18 June
Ex-dividend Date
-
Analyst Estimates :
45.64
Fair Average Price
5
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Neutral | AlJazira Capital | 43.00 | 42.50 | (1.16 %) | |
| Hold | United Securities Company | 43.20 | 45.00 | 4.17 % | |
| Neutral | SNB Capital | 40.90 | 40.70 | (0.49 %) | |
| Buy | Riyad Capital | 41.10 | 53.00 | 28.95 % | |
| Hold | United Securities Company | 41.10 | 47.00 | 14.36 % |
Call Request
Comments Analysis: