Electrical Industries hits highest close since debut

04/07/2024 Argaam Exclusive

Shares of Electrical Industries Co. rose 2% today, July 4, to SAR 6.64 apiece, hitting the highest close since listing on the Saudi Exchange (Tadawul).

 

The stock posted an intraday high of SAR 6.80.

Year High (SAR) Year Low (SAR)
6.80 1.65
Highest Since Debut (SAR) Lowest Since Debut (SAR)
6.80 0.46
Chart

Accordingly, the stock’s gains amounted to about 130% year to date (YTD).

Market Data :

Open 11.47
Low 11.37
High 11.58
Previous Close 11.52
Change (3M) 14.91 %
Change (6M) 58.78 %
Market Value 12,915.00
Avg. Volume (3M) 4,906,907.52
Avg. Turnover (3M) 54,877,665.53
Avg. Transaction (3M) 4,533.31
Change(12M) 53.27 %
YTD 58.56 %
Overview

The company reduced the stock par value in October 2023, with the price being amended to SAR 2.05. Since then, the stock price has soared nearly 225%.

 

Electrical Industries also modified its capital once in 2023 via a bonus share distribution.

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2023 Split   562.50 25.00%
2014 IPO   450.00 0.00%
Company Action

Financial Performance :

Financial Statements

Overview :

The company was founded in 2007 as a closed Saudi joint-stock company in Dammam, with capital of SAR 2 million. In 2014, it was converted into a public Saudi joint-stock company. The company's primary business activities revolve around the manufacturing, assembly, supply, installation, and maintenance of a wide range of electrical equipment, including electrical transformers, compact distribution substations, small and medium power transformers, low voltage distribution panels, cable trays ...
Profile


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 12,915.01
Shares Outstanding ((M)) 1,125.00
EPS ( Halala) 46.73
Book Value (BV) ( Riyal) (Latest announcement) 0.97
Recurring P/E 24.88
Price/book 11.82
Dividend Yield (%) (Last Year) 1.96
Return on Average Assets (%) (TTM) 23.40
Return on Average Equity (%) (TTM) 54.26
Par Value ( Halala) 50.00
Enterprise Value (EV) (M Riyal) 12,652.45
EV/adj EBITDA 21.02
EV/Revenues 6.20
Ratios


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