Electrical Industries hits highest close since debut
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 |
Accordingly, the stock’s gains amounted to about 130% year to date (YTD).
Market Data :
| Open | 13.99 |
| Low | 13.42 |
| High | 13.99 |
| Previous Close | 13.95 |
| Change (3M) | 18.98 % |
| Change (6M) | 48.30 % |
| Market Value | 15,232.50 |
| Avg. Volume (3M) | 3,840,619.00 |
| Avg. Turnover (3M) | 45,547,877.23 |
| Avg. Transaction (3M) | 4,129.88 |
| Change(12M) | 92.06 % |
| YTD | 20.89 % |
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% |
Financial Performance :
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 ...
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Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 15,232.52 |
| Shares Outstanding ((M)) | 1,125.00 |
| EPS ( ) | 46.73 |
| Book Value (BV) ( Riyal) (Latest announcement) | 0.97 |
| Recurring P/E | 29.34 |
| Price/book | 13.94 |
| Dividend Yield (%) (Last Year) | 1.66 |
| Return on Average Assets (%) (TTM) | 23.40 |
| Return on Average Equity (%) (TTM) | 54.26 |
| Par Value ( Halala) | 50.00 |
| Enterprise Value (EV) (M Riyal) | 14,969.95 |
| EV/adj EBITDA | 24.87 |
| EV/Revenues | 7.33 |
Calendar :
-
16 July
General Assembly
- -
08 August
Ex-dividend Date
- -
28 August
Cash Dividend Distribution
- -
04 December
General Assembly
- -
20 March
Ex-dividend Date
- -
13 April
Cash Dividend Distribution
-
Call Request
Comments Analysis: