29/05/2024 Argaam Exclusive
AI Summary
Shares of Saudi Basic Industries Corp. (SABIC) fell today, May 29, to their lowest level since May 2020 at SAR 74.90.
| Year High (SAR) | Year Low (SAR) |
| 91.00 | 74.90 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 252.27 | 7.42 |
| Open | 55.35 |
| Low | 55.10 |
| High | 56.45 |
| Previous Close | 55.35 |
| Change (3M) | (4.94 %) |
| Change (6M) | 2.01 % |
| Market Value | 167,550.00 |
| Avg. Volume (3M) | 1,430,523.39 |
| Avg. Turnover (3M) | 77,566,859.05 |
| Avg. Transaction (3M) | 5,721.36 |
| Change(12M) | (16.77 %) |
| YTD | 8.87 % |
The company has changed its capital several times since listing in 1984, as shown in the table below:
| Date | Type | Capital (M Riyal) | Change (%) |
| 2008 | Split | 30,000.00 | 20.00% |
| 2006 | Split | 25,000.00 | 25.00% |
| 2005 | Split | 20,000.00 | 33.33% |
| 2001 | Split | 15,000.00 | 12.50% |
| 2000 | Split | 13,333.00 | 33.33% |
| 1990 | Split | 10,000.00 | 33.33% |
| 1989 | Split | 7,500.00 | 50.00% |
| Financial Ratio | Current |
| Market Cap (M Riyal) | 167,550.17 |
| Shares Outstanding ((M)) | 3,000.00 |
| EPS ( ) (TTM) | (2.25 ) |
| Book Value (BV) ( Riyal) (Latest announcement) | 49.80 |
| Recurring P/E | More than 100 |
| Price/book | 1.12 |
| Dividend Yield (%) (Last Year) | 6.09 |
| Return on Average Assets (%) (TTM) | (2.47 ) |
| Return on Average Equity (%) (TTM) | (4.28 ) |
| Par Value ( Riyal) | 10.00 |
| Enterprise Value (EV) (M Riyal) | 193,445.67 |
| EV/adj EBITDA | 11.28 |
| EV/Revenues | 1.39 |
Fair Average Price
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Buy | Goldman Sachs | 76.20 | 94.80 | 24.41 % | |
| Hold | HSBC | 76.30 | 74.00 | (3.01 %) | |
| Underweight | Bank of America | 80.90 | 75.00 | (7.29 %) | |
| Underweight | AlphaMena | 79.80 | 75.10 | (5.89 %) | |
| Overweight | AlJazira Capital | 81.40 | 94.10 | 15.60 % | |
| Underweight | AlphaMena | 80.00 | 81.10 | 1.38 % | |
| Neutral | Riyad Capital | 81.90 | 80.00 | (2.32 %) | |
| Buy | EFG-Hermes | 82.50 | 96.00 | 16.36 % | |
| Hold | U-Capital | 83.80 | 91.20 | 8.83 % | |
| Overweight | JP Morgan | 84.50 | 90.00 | 6.51 % | |
| Overweight | Morgan Stanley International | 86.10 | 100.00 | 16.14 % | |
| Overweight | JP Morgan | 83.00 | 90.00 | 8.43 % | |
| Buy | FAB Securities | 78.10 | 90.00 | 15.24 % | |
| Hold | HSBC | 77.00 | 74.00 | (3.90 %) | |
| Buy | Goldman Sachs | 77.90 | 94.90 | 21.82 % | |
| Overweight | SNB Capital | 78.20 | 94.10 | 20.33 % |
Be the first to comment
Comments Analysis: