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
Chart

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 21.30
Low 21.09
High 21.30
Previous Close 21.30
Change (3M) (5.64 %)
Change (6M) (9.12 %)
Market Value 2,123.00
Avg. Volume (3M) 114,197.35
Avg. Turnover (3M) 2,487,690.28
Avg. Transaction (3M) 629.72
Change(12M) (18.81 %)
YTD (18.35 %)
Overview

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%
Company Action

Financial Performance :

Financial Statements

Overview :

The Saudi joint-stock company was established in 1955 in Jeddah as the first company to operate in the cement industry in the Kingdom and the GCC region, operating under the name Arabian Cement Company Limited. Its commercial operations commenced in 1959 by establishing its main plant in the north of Jeddah. In 2005, the company’s name was changed to operate under the name Arabian Cement Co. (ACC). The company's activities primarily involve the production and trading of cement, buil...
Profile


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 2,123.00
Shares Outstanding ((M)) 100.00
EPS ( Riyal) (TTM) 1.41
Book Value (BV) ( Riyal) (Latest announcement) 25.34
Recurring P/E 15.08
Price/book 0.84
Dividend Yield (%) (Last Year) 7.07
Return on Average Assets (%) (TTM) 4.61
Return on Average Equity (%) (TTM) 5.56
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M Riyal) 2,176.47
EV/adj EBITDA 6.85
EV/Revenues 2.19
Ratios


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 %
Estimates

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