Shares of Elm end at all-time high

30/09/2024 Argaam Exclusive

Shares of Elm Co. rose 4% today, Sept. 30, finishing at an all-time high of SAR 1,163.40 apiece, with about 141,200 shares traded.

 

The stock posted an intraday high of SAR 1,170.

Year High (SAR) Year Low (SAR)
1170.00 671.80
Highest Since Debut (SAR) Lowest Since Debut (SAR)
1170.00 140.80

Accordingly, year-to-date gains reached nearly 40%.

Market Data :

Open 784.50
Low 768.50
High 789.50
Previous Close 785.00
Change (3M) (10.55 %)
Change (6M) (13.10 %)
Market Value 62,400.00
Avg. Volume (3M) 82,013.08
Avg. Turnover (3M) 70,145,960.13
Avg. Transaction (3M) 3,807.64
Change(12M) (31.58 %)
YTD (30.04 %)

The company made no capital adjustments since listing in February 2022.

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2022 IPO   800.00 0.00%

Financial Performance :

Overview :

The company was established in Riyadh in 1988 as a limited liability company with SAR 500,000 in capital under the name of Al-Elm Research and Development Company. In 2002, it was rebranded as Al-Elm Information Security Company, reflecting its focus on electronic services and information security, with an expansion of services to the government sector. Two years later, it launched “YaKeen,” the Kingdom’s first electronic documentation service. The company was transformed into ...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 62,400.06
Shares Outstanding ((M)) 80.00
EPS ( Riyal) (TTM) 26.77
Book Value (BV) ( Riyal) (Latest announcement) 43.59
Recurring P/E 31.05
Price/book 17.89
Dividend Yield (%) (Last Year) 0.96
Return on Average Assets (%) (TTM) 21.73
Return on Average Equity (%) (TTM) 51.79
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M Riyal) 61,138.06
EV/adj EBITDA 27.50
EV/Revenues 6.96


Analyst Estimates :

984.5

Fair Average Price

4

Number of Recommendations

Rating Research firm Current Price Target Price Change
Neutral Riyad Capital 1005.00 965.00 (3.98 %)
Neutral AlJazira Capital 950.00 923.00 (2.84 %)
Overweight Al Rajhi Capital 890.20 1100.00 23.57 %
Neutral Citi Bank Group 846.40 950.00 12.24 %

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