Retal shares notch all-time high
Shares of Retal Urban Development Co. gained 2% today, Sept. 3, recording the highest close since its debut on the Saudi Exchange (Tadawul) at SAR 13.68 per share.
The stock posted an intraday high of SAR 13.76.
| Year High (SAR) | Year Low (SAR) |
| 13.76 | 7.85 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 13.76 | 7.85 |
Accordingly, the stock’s year-to-date gains reached more than 55%.
Market Data :
| Open | 12.45 |
| Low | 12.25 |
| High | 12.61 |
| Previous Close | 12.54 |
| Change (3M) | 9.20 % |
| Change (6M) | (14.94 %) |
| Market Value | 6,175.00 |
| Avg. Volume (3M) | 1,462,370.18 |
| Avg. Turnover (3M) | 17,816,655.56 |
| Avg. Transaction (3M) | 2,691.92 |
| Change(12M) | (26.05 %) |
| YTD | 5.38 % |
Retal opted for a stock split in 2023, lowering the par value of its shares from SAR 10 to SAR 1.
Furthermore, the company raised its capital once via issuing 25% bonus shares, as detailed in the table below:
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2023 | Split | 500.00 | 25.00% |
Financial Performance :
Overview :
The company commenced operations in 1999 as a branch of an LLC and was formally established in Al Khobar in 2012 as a limited liability company with capital of SAR 500,000. Two years after its establishment, it launched its first residential project under the "Ewan" brand, targeting middle- to high-income segments. It was transitioned into a single-shareholder limited liability company in 2016, before reverting to a limited liability company the following year. In 2018, it launched the...
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Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 6,175.01 |
| Shares Outstanding ((M)) | 500.00 |
| EPS ( ) (TTM) | 0.56 |
| Book Value (BV) ( Riyal) (Latest announcement) | 1.82 |
| Recurring P/E | 32.46 |
| Price/book | 6.78 |
| Dividend Yield (%) (Last Year) | 2.19 |
| Return on Average Assets (%) (TTM) | 5.94 |
| Return on Average Equity (%) (TTM) | 33.78 |
| Par Value ( Riyal) | 1.00 |
| Enterprise Value (EV) (M Riyal) | 6,861.78 |
| EV/adj EBITDA | 18.93 |
| EV/Revenues | 2.96 |
Calendar :
-
29 September
Ex-dividend Date
- -
10 October
Cash Dividend Distribution
- -
04 May
Ex-dividend Date
- -
15 May
Cash Dividend Distribution
- -
22 May
General Assembly
- -
31 July
General Assembly
-
Analyst Estimates :
14
Fair Average Price
1
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Neutral | GIB Capital | 13.12 | 14.00 | 6.71 % |
Call Request
Comments Analysis: