Americana closes at lowest price since debut

26/11/2024 Argaam Exclusive

Shares of Americana Restaurants International PLC dropped today, Nov. 26, by 3% to SAR 2.22—the lowest price since the company's listing on the Main Market (TASI), amid trading of about 15 million shares.

 

Americana stock recorded today an intraday low of SAR 2.21.

Year High (SAR) Year Low (SAR)
3.75 2.21
Highest Since Debut (SAR) Lowest Since Debut (SAR)
4.65 2.21

Market Data :

Open 1.87
Low 1.86
High 1.91
Previous Close 1.86
Change (3M) (8.65 %)
Change (6M) (13.24 %)
Market Value 16,004.90
Avg. Volume (3M) 22,092,162.52
Avg. Turnover (3M) 47,331,966.65
Avg. Transaction (3M) 5,202.92
Change(12M) (29.37 %)
YTD (16.67 %)

The company has not made any changes to its capital since its debut in December 2022.

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2022 IPO   631.77 0.00%

Financial Performance :

Overview :

The company was established in the Abu Dhabi Global Market (ADGM) as a private company in 2022, under the name “Americana Restaurants LTD”. Its core activities are restaurants management, proprietary investment, and executing activities of head office, by operating international brands such as KFC, Pizza Hut, Hardee's, Krispy Kreme and others. The company offers its services in various markets including UAE, KSA, Kuwait, Egypt, Qatar and other markets. It also oversees and manag...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 16,004.91
Shares Outstanding ((M)) 8,423.63
EPS ( Halala) 7.63
Book Value (BV) ( Riyal) (Latest announcement) 0.16
Recurring P/E 23.21
Price/book 11.81
Dividend Yield (%) (Last Year) 2.99
Return on Average Assets (%) (TTM) 11.54
Return on Average Equity (%) (TTM) 49.29
Par Value ( Halala) 7.50
Enterprise Value (EV) (M Riyal) 14,947.29
EV/adj EBITDA 7.78
EV/Revenues 1.69


Analyst Estimates :

2.81

Fair Average Price

5

Number of Recommendations

Rating Research firm Current Price Target Price Change
Underweight Bank of America 2.39 2.30 (3.77 %)
Neutral Hermes 2.74 2.30 (16.06 %)
Neutral Morgan Stanley International 2.67 2.90 8.61 %
Neutral JP Morgan 2.70 3.02 11.85 %
Buy Goldman Sachs 2.76 3.51 27.17 %

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