SAL closes at all-time high
Shares of SAL Saudi Logistics Services Co. rose 5% today, March 4, to close at the highest price since listing at SAR 295 per share.
| Year High (SAR) | Year Low (SAR) |
| 299.60 | 116.60 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 299.60 | 116.60 |
The stock hit an intraday high of SAR 299.60.
Market Data :
| Open | 161.50 |
| Low | 161.00 |
| High | 163.20 |
| Previous Close | 161.50 |
| Change (3M) | (7.79 %) |
| Change (6M) | (5.20 %) |
| Market Value | 12,968.00 |
| Avg. Volume (3M) | 200,462.46 |
| Avg. Turnover (3M) | 33,410,636.88 |
| Avg. Transaction (3M) | 2,599.74 |
| Change(12M) | (9.34 %) |
| YTD | 1.06 % |
The company has not made any changes to its SAR 800 million capital since listing on the main market (TASI) in 2023, as indicated below:
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2023 | IPO | 800.00 | 0.00% |
SAL’s 2023 profits rose by 41% to SAR 509.7 million, from SAR 362.4 million in 2022.
Financial Performance :
Overview :
SAL Saudi Logistics Services Co. was established in Jedah as a limited liability company in 2019, with capital of SAR 500,000. In 2021, it was converted into a closed joint-stock company.
It operates via two segments: the air cargo handling segment and the logistics solutions segment. The company provides air cargo handling services, ground cargo handling services, and other support services to airlines, which include ramp handling, cargo handling, as well as terminal handling, customs inspec...
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Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 12,968.01 |
| Shares Outstanding ((M)) | 80.00 |
| EPS ( ) (TTM) | 8.77 |
| Book Value (BV) ( Riyal) (Latest announcement) | 20.35 |
| Recurring P/E | 18.49 |
| Price/book | 7.97 |
| Dividend Yield (%) (Last Year) | 4.03 |
| Return on Average Assets (%) (TTM) | 17.45 |
| Return on Average Equity (%) (TTM) | 45.60 |
| Par Value ( Riyal) | 10.00 |
| Enterprise Value (EV) (M Riyal) | 11,987.74 |
| EV/adj EBITDA | - |
| EV/Revenues | 6.77 |
Calendar :
-
07 March
Ex-dividend Date
- -
26 May
Ex-dividend Date
- -
27 June
General Assembly
- -
13 August
Ex-dividend Date
- -
10 November
Ex-dividend Date
- -
26 February
Ex-dividend Date
-
Analyst Estimates :
176.41
Fair Average Price
1
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Hold | United Securities Company | 163.00 | 176.41 | 8.23 % |
Call Request
Comments Analysis: