Saudi Chemical stock closes at highest level since debut

11/06/2024 Argaam Exclusive

Saudi Chemical Company Holding’s (SCCH) stock jumped 9% today, June 11, to close at SAR 11.08, reaching its highest level since debuting on the Saudi Exchange (Tadawul).

 

Nearly 16.4 million shares were traded.

Year High (SAR) Year Low (SAR)
11.22 3.51
Highest Since Debut (SAR) Lowest Since Debut (SAR)
11.22 0.61

The stock hit an intraday high of SAR 11.22.

 

The shares of the chemical producer recorded year-to-date gains of more than 150%.

Market Data :

Open 8.33
Low 8.25
High 8.50
Previous Close 8.33
Change (3M) 5.69 %
Change (6M) 15.47 %
Market Value 7,049.15
Avg. Volume (3M) 6,144,736.52
Avg. Turnover (3M) 43,764,386.80
Avg. Transaction (3M) 4,250.77
Change(12M) (17.39 %)
YTD 30.42 %

Saudi Chemical made several capital adjustments since listing, as follows:

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2019 Split   843.20 33.33%
2006 Split   632.40 20.00%
2004 Split   527.00 13.33%
2001 Private Offering   465.00 342.86%

Financial Performance :

Overview :

Established in 1972 as a prominent Saudi joint venture specialized in the manufacture of civilian explosives, the company underwent multiple structural transformations. It was converted into a closed joint-stock company in 1998. Two years later, in 2000, it completed the acquisition of Saudi International Trading Company Ltd. (SITCO Pharma). Subsequently, in 2001, the entity was formally converted into a public joint-stock company. The company commenced expanding its operations by establishin...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 7,049.16
Shares Outstanding ((M)) 843.20
EPS ( Riyal) (TTM) 0.35
Book Value (BV) ( Riyal) (Latest announcement) 2.71
Recurring P/E 24.23
Price/book 3.08
Dividend Yield (%) (Last Year) 0.60
Return on Average Assets (%) (TTM) 4.53
Return on Average Equity (%) (TTM) 13.46
Par Value ( Riyal) 1.00
Enterprise Value (EV) (M Riyal) 8,196.74
EV/adj EBITDA 16.38
EV/Revenues 1.18


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