03/09/2024 Argaam Exclusive
AI Summary
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%.
| Open | 14.00 |
| Low | 13.66 |
| High | 14.04 |
| Previous Close | 14.00 |
| Change (3M) | 17.75 % |
| Change (6M) | 13.82 % |
| Market Value | 7,000.00 |
| Avg. Volume (3M) | 1,233,186.02 |
| Avg. Turnover (3M) | 15,338,796.10 |
| Avg. Transaction (3M) | 2,959.18 |
| Change(12M) | (5.15 %) |
| YTD | 19.45 % |
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:
| Date | Type | Capital (M Riyal) | Change (%) |
| 2026 | Private Offering | 555.00 | 11.00% |
| 2023 | Split | 500.00 | 25.00% |
| Financial Ratio | Current |
| Market Cap (M Riyal) | 7,000.01 |
| Shares Outstanding ((M)) | 500.00 |
| EPS ( ) (TTM) | 0.59 |
| Book Value (BV) ( Riyal) (Latest announcement) | 2.03 |
| Recurring P/E | 27.70 |
| Price/book | 6.90 |
| Dividend Yield (%) (Last Year) | 1.93 |
| Return on Average Assets (%) (TTM) | 6.05 |
| Return on Average Equity (%) (TTM) | 31.74 |
| Par Value ( Riyal) | 1.00 |
| Enterprise Value (EV) (M Riyal) | 7,686.78 |
| EV/adj EBITDA | - |
| EV/Revenues | 3.15 |
Fair Average Price
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Neutral | GIB Capital | 13.12 | 14.00 | 6.71 % |
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