29/02/2024 Argaam Exclusive
Shares of Al-Rajhi Company for Cooperative Insurance (Al Rajhi Takaful) ended 10% higher today, Feb. 29, at SAR 84.70, the highest closing since listing on the Saudi Exchange (Tadawul) after about 1.3 million shares were traded.
| Year High (SAR) | Year Low (SAR) |
| 84.70 | 38.00 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 84.70 | 5.27 |
Following today’s gain, the stock has added more than 90% over the past 12 months.
| Open | 79.25 |
| Low | 76.30 |
| High | 80.10 |
| Previous Close | 79.30 |
| Change (3M) | (36.28 %) |
| Change (6M) | (37.67 %) |
| Market Value | 7,685.00 |
| Avg. Volume (3M) | 186,787.55 |
| Avg. Turnover (3M) | 18,338,207.62 |
| Avg. Transaction (3M) | 1,731.02 |
| Change(12M) | (56.53 %) |
| YTD | (1.22 %) |
The company made several capital adjustments including a bonus issue and two rights issues.
| Date | Type | Capital (M Riyal) | Change (%) |
| 2023 | Split | 1,000.00 | 150.00% |
| 2015 | Right Issue | 400.00 | 100.00% |
| 2009 | IPO | 200.00 | 42.86% |
Al Rajhi Takaful’s profit rose to SAR 328.1 million in 2023, compared to SAR 72.4 million in 2022, while the profit of Q4 2023 amounted to nearly SAR 109 million
| Financial Ratio | Current |
| Market Cap (M Riyal) | 7,685.01 |
| EPS ( ) (TTM) | 3.37 |
| Book Value (BV) ( Riyal) (Latest announcement) | 23.48 |
| Recurring P/E | 22.81 |
| Price/Book | 3.27 |
| Dividend Yield (%) (Last Year) | 0.00 |
| Return on Average Assets (%) (TTM) | 2.69 |
| Return on Average Equity (%) (TTM) | 15.51 |
| Shares Outstanding (M) | 100.00 |
| Par Value ( Riyal) | 10.00 |
| Return on Market Cap (%) | 2.78 |
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