SEC shares finish at 4-year low
Shares of Saudi Electricity Co. (SEC) fell 1% today, Oct. 15, to finish at the lowest price in four years at SAR 16.06 apiece, with almost three million shares traded.
| Year High (SAR) | Year Low (SAR) |
| 20.64 | 16.06 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 56.00 | 8.40 |
Accordingly, the year-to-date (YTD) losses neared 15%.
Market Data :
| Open | 17.58 |
| Low | 17.36 |
| High | 17.70 |
| Previous Close | 17.75 |
| Change (3M) | 23.02 % |
| Change (6M) | 20.65 % |
| Market Value | 73,040.32 |
| Avg. Volume (3M) | 2,286,536.32 |
| Avg. Turnover (3M) | 36,239,310.46 |
| Avg. Transaction (3M) | 3,371.84 |
| Change(12M) | 17.65 % |
| YTD | 24.77 % |
The company amended its capital several times since listing on the Saudi Exchange (Tadawul) as follows:
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2003 | Split | 41,665.94 | 8.82% |
| 2002 | Split | 38,287.77 | 13.42% |
Financial Performance :
Overview :
The company commenced its operations in 2000 as a Saudi public joint-stock company in Riyadh under the name Saudi Electricity Co. (SEC), established through consolidating all existing Saudi electricity generating companies throughout the Kingdom, along with the operational electricity projects managed by the General Electricity Corporation, into a single unified entity. In 2026, the company was rebranded to Saudi Energy Co.
The company’s core activities includes the generation, transmis...
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Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 73,040.40 |
| Shares Outstanding ((M)) | 4,166.59 |
| EPS ( ) (TTM) | 0.96 |
| Book Value (BV) ( Riyal) (Latest announcement) | 20.18 |
| Recurring P/E | 18.18 |
| Price/book | 0.87 |
| Dividend Yield (%) (Last Year) | 3.99 |
| Return on Average Assets (%) (TTM) | 0.68 |
| Return on Average Equity (%) (TTM) | 4.80 |
| Par Value ( Riyal) | 10.00 |
| Enterprise Value (EV) (M Riyal) | 271,159.28 |
| EV/adj EBITDA | 6.64 |
| EV/Revenues | 2.65 |
Calendar :
-
13 May
Ex-dividend Date
- -
13 May
General Assembly
- -
29 May
Cash Dividend Distribution
- -
25 February
General Assembly
- -
05 May
Ex-dividend Date
- -
05 May
General Assembly
-
Analyst Estimates :
20
Fair Average Price
1
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Hold | Arqaam Capital | 17.24 | 20.00 | 16.01 % |
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