Retal snaps highest price since debut
Shares of Retal Urban Development Co. reached their highest price since listing on the Saudi Exchange (Tadawul) today, Nov. 12, at SAR 16.16.
The stock, however, closed 0.3% lower at SAR 15.58.
| Year High (SAR) | Year Low (SAR) |
| 16.16 | 7.87 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 16.16 | 7.85 |
Market Data :
| Open | 8.77 |
| Low | 8.46 |
| High | 8.79 |
| Previous Close | 8.77 |
| Change (3M) | (26.88 %) |
| Change (6M) | (38.56 %) |
| Market Value | 4,270.00 |
| Avg. Volume (3M) | 1,235,191.80 |
| Avg. Turnover (3M) | 12,009,709.43 |
| Avg. Transaction (3M) | 1,921.29 |
| Change(12M) | (28.60 %) |
| YTD | (27.13 %) |
Retal had 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 (%) |
| 2026 | Private Offering | 555.00 | 11.00% |
| 2023 | Bonus Shares | 500.00 | 25.00% |
| 2023 | Reduction | 400.00 | 0.00% |
Financial Performance :
Overview :
The company commenced operations in 1999 as a branch of Building Construction Co. Ltd. In 2012, it was established in Al Khobar as a limited liability company under the name Retal Urban Development Co. with capital of SAR 500,000. It converted into a single-person limited liability company in 2016, reverted to a limited liability company the following year, transitioned into a closed joint-stock company in 2020, and eventually became a public joint-stock company in 2022.
Activities and Busine...
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Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 4,270.00 |
| Shares Outstanding ((M)) | 500.00 |
| Recurring EPS ( Riyal) (TTM) | 0.40 |
| Book Value (BV) ( Riyal) (Latest announcement) | 2.12 |
| Recurring P/E (TTM) | 21.23 |
| Price/book | 4.03 |
| Dividend Yield (%) (Last Year) | 1.29 |
| Return on Average Assets (%) (TTM) | 3.69 |
| Return on Average Equity (%) (TTM) | 20.43 |
| Par Value ( Riyal) | 1.00 |
| Enterprise Value (EV) (M Riyal) | 5,141.14 |
| EV/adj EBITDA | 12.44 |
| EV/ EBITDA | 12.74 |
| EV/Revenues | 1.99 |
Calendar :
-
04 May
Ex-dividend Date
- -
15 May
Cash Dividend Distribution
- -
22 May
General Assembly
- -
31 July
General Assembly
- -
29 September
Ex-dividend Date
- -
09 October
Cash Dividend Distribution
-
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: