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 | 238.00 |
| Low | 233.30 |
| High | 241.40 |
| Previous Close | 247.50 |
| Change (3M) | 12.50 % |
| Change (6M) | (20.55 %) |
| Market Value | 179,435.31 |
| Avg. Volume (3M) | 436,125.75 |
| Avg. Turnover (3M) | 97,435,284.89 |
| Avg. Transaction (3M) | 5,961.03 |
| Change(12M) | (45.79 %) |
| YTD | (37.85 %) |
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 (%) |
| 2025 | Right Issue | 7,664.90 | 4.63% |
| 2024 | Split | 7,325.62 | 0.20% |
| 2021 | IPO | 7,311.00 | 13.21% |
| Financial Ratio | Current |
| Market Cap (M Riyal) | 180,508.58 |
| Shares Outstanding ((M)) | 766.49 |
| EPS ( ) (TTM) | 2.33 |
| Book Value (BV) ( Riyal) (Latest announcement) | 36.79 |
| Recurring P/E | More than 100 |
| Price/book | 6.40 |
| Dividend Yield (%) (Last Year) | 0.18 |
| Return on Average Assets (%) (TTM) | 2.88 |
| Return on Average Equity (%) (TTM) | 7.63 |
| Par Value ( Riyal) | 10.00 |
| Enterprise Value (EV) (M Riyal) | 208,371.99 |
| EV/adj EBITDA | - |
| EV/Revenues | 29.31 |
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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