SADAFCO hits highest close since debut

11/03/2024 Argaam Exclusive

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 285.80
Low 284.00
High 288.80
Previous Close 285.20
Change (3M) 10.56 %
Change (6M) (6.09 %)
Market Value 9,321.00
Avg. Volume (3M) 29,489.63
Avg. Turnover (3M) 8,092,599.69
Avg. Transaction (3M) 825.97
Change(12M) (21.64 %)
YTD (15.10 %)

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 of Danish Saudi Dairy Co. Limited. Following the establishment, it began commercial production of long-life milk. In the early 1990s, the company was merged with Gulf Danish Dairy Company Limited and Medina Danish Dairy Co. In 1993, the company rebranded to Saudia Dairy and Foodstuff Co. (SADAFCO). Five years later, it pioneered the launch of long-life chickpea products in Tetra Pak packaging and expanded its product line to i...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 9,321.01
Shares Outstanding ((M)) 32.50
EPS ( Riyal) (TTM) 14.57
Book Value (BV) ( Riyal) (Latest announcement) 54.54
Recurring P/E 20.03
Price/book 5.26
Dividend Yield (%) (Last Year) 5.23
Return on Average Assets (%) (TTM) 17.35
Return on Average Equity (%) (TTM) 26.71
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M Riyal) 8,648.58
EV/adj EBITDA 15.26
EV/Revenues 2.80


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 %)

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