SADAFCO hits highest close since debut
Shares of Saudia Dairy and Foodstuff Co. (SADAFCO) closed today, March 11, at the highest level since debuting on the Saudi Exchange (Tadawul) after rising by 8% to SAR 435.
The stock hit an intraday high of SAR 439.
| Year High (SAR) | Year Low (SAR) |
| 439.00 | 232.00 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 439.00 | 15.70 |
Following today’s gain, the stock has added more than 20% year to date.
Market Data :
| Open | 185.50 |
| Low | 180.80 |
| High | 185.50 |
| Previous Close | 184.90 |
| Change (3M) | (17.15 %) |
| Change (6M) | (15.53 %) |
| Market Value | 5,902.00 |
| Avg. Volume (3M) | 31,292.28 |
| Avg. Turnover (3M) | 6,284,870.46 |
| Avg. Transaction (3M) | 832.98 |
| Change(12M) | (34.20 %) |
| YTD | (26.48 %) |
The company has not made any changes to its capital since listing in 2005.
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2005 | IPO | 325.00 | 0.00% |
Financial Performance :
Overview :
The company was established in 1976 as a joint venture under the name Danish Saudi Dairy Co. Limited, commencing commercial operations the following year. In 1990, it merged with Gulf Danish Dairy Company Limited and Medina Danish Dairy Co., rebranding to Saudia Dairy and Foodstuff Co. (SADAFCO). It was converted into a closed joint-stock company in 2000 and subsequently listed as a public joint-stock company in 2005.
Activities and Business Segment
The company produces and distributes dai...
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Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 5,902.01 |
| Shares Outstanding ((M)) | 32.50 |
| Recurring EPS ( Riyal) (TTM) | 9.63 |
| Book Value (BV) ( Riyal) (Latest announcement) | 50.88 |
| Recurring P/E (TTM) | 18.87 |
| Price/book | 3.57 |
| Dividend Yield (%) (Last Year) | 8.81 |
| Return on Average Assets (%) (TTM) | 15.05 |
| Return on Average Equity (%) (TTM) | 23.58 |
| Par Value ( Riyal) | 10.00 |
| Enterprise Value (EV) (M Riyal) | 5,349.01 |
| EV/adj EBITDA | 12.44 |
| EV/ EBITDA | - |
| EV/Revenues | 1.80 |
Calendar :
-
19 March
Cash Dividend Distribution
- -
13 May
Ex-dividend Date
- -
13 May
General Assembly
- -
28 May
Cash Dividend Distribution
- -
17 September
Ex-dividend Date
- -
07 October
Cash Dividend Distribution
-
Analyst Estimates :
380
Fair Average Price
2
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Neutral | Al Rajhi Capital | 374.00 | 375.00 | 0.27 % | |
| Aggregate | U-Capital | 392.00 | 385.00 | (1.79 %) |
Call Request
Comments Analysis: