Arabian Cement closes at lowest level since 2020

29/04/2024 Argaam Exclusive

Arabian Cement Co..'s stock fell more than 1% today, April 29, to its lowest price since October 2020 at SAR 30.55.

Year High (SAR) Year Low (SAR)
39.90 30.05
Highest Since Debut (SAR) Lowest Since Debut (SAR)
158.89 7.65

The stock hit an intraday low of SAR 30.05.

 

With today's decline, the stock's losses hit about 10% since the beginning of 2024.

Market Data :

Open 22.40
Low 22.17
High 22.44
Previous Close 22.40
Change (3M) (2.84 %)
Change (6M) (13.76 %)
Market Value 2,225.00
Avg. Volume (3M) 209,153.89
Avg. Turnover (3M) 4,643,614.79
Avg. Transaction (3M) 901.77
Change(12M) (11.88 %)
YTD (14.42 %)

Arabian Cement adjusted its capital several times since listing on the Saudi Exchange (Tadawul), as shown below:

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2014 Split   1,000.00 25.00%
2008 Right Issue   800.00 14.29%
2007 Split   700.00 16.67%

Financial Performance :

Overview :

 


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 2,225.00
Shares Outstanding ((M)) 100.00
EPS ( Riyal) (TTM) 1.21
Book Value (BV) ( Riyal) (Latest announcement) 25.22
Recurring P/E 18.37
Price/book 0.88
Dividend Yield (%) (Last Year) 6.74
Return on Average Assets (%) (TTM) 3.97
Return on Average Equity (%) (TTM) 4.76
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M Riyal) 2,314.29
EV/adj EBITDA 7.69
EV/Revenues 2.50


Analyst Estimates :

35

Fair Average Price

2

Number of Recommendations

Rating Research firm Current Price Target Price Change
Neutral Sico 32.40 36.00 11.11 %
Hold United Securities Company 32.25 34.00 5.43 %

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