21/02/2024 Argaam Exclusive
AI Summary
Etihad Etisalat Co. (Mobily) recorded its highest stock price since November 2014, at SAR 57 per share, today, Feb. 21.
| Year High (SAR) | Year Low (SAR) |
| 57.00 | 35.50 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 119.00 | 12.94 |
The stock is trading 2% higher as nearly one million shares changed hands, so far.
Accordingly, year-to-date gains surpassed 50%.
| Open | 65.00 |
| Low | 64.70 |
| High | 65.90 |
| Previous Close | 64.60 |
| Change (3M) | 7.68 % |
| Change (6M) | 18.53 % |
| Market Value | 50,743.00 |
| Avg. Volume (3M) | 907,124.84 |
| Avg. Turnover (3M) | 59,673,719.83 |
| Avg. Transaction (3M) | 3,370.56 |
| Change(12M) | 25.76 % |
| YTD | 23.41 % |
The company raised its capital twice since listing on Tadawul, as the following table shows:
| Date | Type | Capital (M Riyal) | Change (%) |
| 2013 | Split | 7,700.00 | 10.00% |
| 2008 | Right Issue | 7,000.00 | 40.00% |
| 2004 | IPO | 5,000.00 | 0.00% |
Mobily’s profits grew 35% to SAR 2.23 billion by the end of 2023, compared to SAR 1.65 billion a year ago. Q4 2023’s profits hit nearly SAR 745.9 million.
| Financial Ratio | Current |
| Market Cap (M Riyal) | 50,743.05 |
| Shares Outstanding ((M)) | 770.00 |
| EPS ( ) (TTM) | 4.54 |
| Book Value (BV) ( Riyal) (Latest announcement) | 25.05 |
| Recurring P/E | 15.38 |
| Price/book | 2.63 |
| Dividend Yield (%) (Last Year) | 3.34 |
| Return on Average Assets (%) (TTM) | 8.97 |
| Return on Average Equity (%) (TTM) | 18.79 |
| Par Value ( Riyal) | 10.00 |
| Enterprise Value (EV) (M Riyal) | 53,546.84 |
| EV/adj EBITDA | 7.22 |
| EV/Revenues | 2.80 |
Fair Average Price
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Buy | EFG-Hermes | 54.80 | 55.00 | 0.36 % | |
| Overweight | SNB Capital | 52.70 | 61.60 | 16.89 % | |
| Buy | HSBC | 52.10 | 65.00 | 24.76 % | |
| Overweight | Al Rajhi Capital | 51.40 | 60.00 | 16.73 % | |
| Hold | YAQEEN | 50.20 | 53.50 | 6.57 % |
Be the first to comment
Comments Analysis: