24/01/2024 Argaam Exclusive
AI Summary
Shares of National Agricultural Development Co. (NADEC) rose 4% today, Jan. 24, to close at SAR 30.10 each — the highest price since 2006, after nearly 2.7 million shares changed hands.
The stock hit an intraday high of SAR 30.90 — the highest since listing.
| Year High (SAR) | Year Low (SAR) |
| 30.90 | 10.79 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 30.90 | 1.40 |
Accordingly, the stock has gained over 160% year-to-date (YTD).
| Open | 20.79 |
| Low | 20.42 |
| High | 20.85 |
| Previous Close | 20.89 |
| Change (3M) | (0.39 %) |
| Change (6M) | (14.71 %) |
| Market Value | 6,225.85 |
| Avg. Volume (3M) | 639,073.65 |
| Avg. Turnover (3M) | 13,299,376.37 |
| Avg. Transaction (3M) | 1,829.77 |
| Change(12M) | (24.12 %) |
| YTD | (16.37 %) |
The company amended its capital several times through bonus share distributions and rights issues.
| Date | Type | Capital (M Riyal) | Change (%) |
| 2023 | Right Issue | 3,016.40 | 196.77% |
| 2020 | Split | 1,016.40 | 20.00% |
| 2017 | Private Offering Cancelled | 1,382.86 | 63.27% |
| 2016 | Split | 847.00 | 10.00% |
| 2015 | Split | 770.00 | 10.00% |
| 2014 | Split | 700.00 | 16.67% |
| 2008 | Split | 600.00 | 50.00% |
| Financial Ratio | Current |
| Market Cap (M Riyal) | 6,225.86 |
| Shares Outstanding ((M)) | 301.64 |
| EPS ( ) (TTM) | 2.59 |
| Book Value (BV) ( Riyal) (Latest announcement) | 14.77 |
| Recurring P/E | 14.83 |
| Price/book | 1.40 |
| Dividend Yield (%) (Last Year) | 0.00 |
| Return on Average Assets (%) (TTM) | 13.11 |
| Return on Average Equity (%) (TTM) | 18.88 |
| Par Value ( Riyal) | 10.00 |
| Enterprise Value (EV) (M Riyal) | 4,635.01 |
| EV/adj EBITDA | 6.67 |
| EV/Revenues | 1.36 |
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