16/04/2024 Argaam Exclusive
AI Summary
Shares of ACWA Power rose 1% today, April 16, to SAR 417, on the Saudi Exchange (Tadawul), with a trading volume of more than 300,000 shares.
The stock hit an all-time high of SAR 427 apiece during the session. Thus, it has gained over 60% year-to-date (YTD
| Year High (SAR) | Year Low (SAR) |
| 422.78 | 146.14 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 422.78 | 62.67 |
As a result, the stock surged over 60% year-to-date (YTD).
| Open | 245.90 |
| Low | 239.80 |
| High | 246.50 |
| Previous Close | 244.00 |
| Change (3M) | (27.07 %) |
| Change (6M) | (38.04 %) |
| Market Value | 188,556.54 |
| Avg. Volume (3M) | 355,503.87 |
| Avg. Turnover (3M) | 95,463,427.48 |
| Avg. Transaction (3M) | 5,545.15 |
| Change(12M) | (29.15 %) |
| YTD | (38.23 %) |
The company made no capital changes since listing on Oct. 11, 2021.
ACWA Power’s board of directors proposed a 0.20% capital increase through a bonus issue at one bonus share for each 500 existing shares.
| Date | Type | Capital (M Riyal) | Change (%) |
| 2024 | Split | 7,325.62 | 0.20% |
| 2021 | IPO | 7,311.00 | 13.21% |
| Financial Ratio | Current |
| Market Cap (M Riyal) | 188,556.73 |
| Shares Outstanding ((M)) | 766.49 |
| EPS ( ) (TTM) | 2.56 |
| Book Value (BV) ( Riyal) (Latest announcement) | 28.43 |
| Recurring P/E | More than 100 |
| Price/book | 8.98 |
| Dividend Yield (%) (Last Year) | 0.17 |
| Return on Average Assets (%) (TTM) | 3.24 |
| Return on Average Equity (%) (TTM) | 9.05 |
| Par Value ( Riyal) | 10.00 |
| Enterprise Value (EV) (M) | 215,114.99 |
| EV/adj EBITDA | 92.07 |
| EV/Revenues | 30.57 |
Fair Average Price
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Neutral | Al Rajhi Capital | 286.74 | 272.28 | (5.04 %) | |
| Neutral | Al Rajhi Capital | 243.77 | 254.46 | 4.39 % |
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