16/07/2024 Argaam Exclusive
Shares of Tadawul-listed Qassim Cement Co. hit their lowest price in 4 years at SAR 54.80, today, July 16.
The stock closed at SAR 55.40 (+0.4%) with about 400,000 shares traded.
| Year High (SAR) | Year Low (SAR) |
| 70.90 | 54.80 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 215.50 | 10.20 |
Accordingly, the year-to-date (YTD) losses increased to more than 13%.
| Open | 42.80 |
| Low | 42.60 |
| High | 43.40 |
| Previous Close | 42.78 |
| Change (3M) | 4.16 % |
| Change (6M) | 3.36 % |
| Market Value | 4,762.88 |
| Avg. Volume (3M) | 137,138.27 |
| Avg. Turnover (3M) | 5,823,544.87 |
| Avg. Transaction (3M) | 983.18 |
| Change(12M) | (16.19 %) |
| YTD | 2.33 % |
The cement producer made several changes to its capital to acquire Hail Cement Co., as shown below:
| Date | Type | Capital (M Riyal) | Change (%) |
| 2024 | Private Offering | 1,105.59 | 22.84% |
| 2009 | Split | 900.00 | 100.00% |
| Financial Ratio | Current |
| Market Cap (M Riyal) | 4,762.89 |
| Shares Outstanding ((M)) | 110.56 |
| EPS ( ) (TTM) | 2.35 |
| Book Value (BV) ( Riyal) (Latest announcement) | 24.04 |
| Recurring P/E | 25.13 |
| Price/book | 1.79 |
| Dividend Yield (%) (Last Year) | 7.43 |
| Return on Average Assets (%) (TTM) | 8.34 |
| Return on Average Equity (%) (TTM) | 9.61 |
| Par Value ( Riyal) | 10.00 |
| Enterprise Value (EV) (M Riyal) | 4,676.10 |
| EV/adj EBITDA | 14.42 |
| EV/Revenues | 4.13 |
Fair Average Price
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Neutral | Riyad Capital | 60.00 | 56.00 | (6.67 %) | |
| Sell | Sico | 58.30 | 46.00 | (21.10 %) |
Be the first to comment
Comments Analysis: