Zain KSA hits nearly 2-year low

05/12/2024 Argaam Exclusive

Shares of Mobile Telecommunication Company Saudi Arabia (Zain KSA) recorded the lowest price in nearly two years at SAR 10.20, today, Dec. 5.

 

The stock closed at SAR 10.24 (+0.20%).

Year High (SAR) Year Low (SAR)
15.18 10.20
Highest Since Debut (SAR) Lowest Since Debut (SAR)
105.90 5.55
Chart

Market Data :

Open 10.20
Low 10.19
High 10.34
Previous Close 10.18
Change (3M) (1.15 %)
Change (6M) (6.51 %)
Market Value 9,292.87
Avg. Volume (3M) 2,199,858.41
Avg. Turnover (3M) 23,117,723.58
Avg. Transaction (3M) 2,664.23
Change(12M) (5.31 %)
YTD 0.78 %
Overview

The company amended its capital several times since its listing on Saudi Exchange (Tadawul) in 2008, as the following table shows:

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2020 Right Issue   8,987.29 100.28%
2020 Reduction   4,487.29 (23.13%)
2015 Reduction   5,837.29 (45.96%)
2012 Right Issue   10,801.00 124.97%
2012 Reduction   4,801.00 (65.71%)
2008 IPO   14,000.00 0.00%
Company Action

Financial Performance :

Financial Statements

Overview :

Established in Riyadh in 2008 as a public joint-stock company with capital of SAR 14 billion, the organization was the first operator in the Middle East to commercially launch a 4G/LTE network in 2011. Subsequently, in 2019, the company launched the largest 5G network across the Kingdom, the Middle East, Europe, and Africa. The organization's core business involves the provision of mobile phone services and integrated digital solutions, encompassing telecommunications, fifth-generation (5G)...
Profile


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 9,292.88
Shares Outstanding ((M)) 898.73
EPS ( Riyal) (TTM) 0.72
Book Value (BV) ( Riyal) (Latest announcement) 11.64
Recurring P/E 23.31
Price/book 0.89
Dividend Yield (%) (Last Year) 4.84
Return on Average Assets (%) (TTM) 2.31
Return on Average Equity (%) (TTM) 6.21
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M Riyal) 17,099.46
EV/adj EBITDA 5.22
EV/Revenues 1.61
Ratios


Analyst Estimates :

11.92

Fair Average Price

2

Number of Recommendations

Rating Research firm Current Price Target Price Change
Buy Riyad Capital 10.80 12.00 11.11 %
Neutral AlJazira Capital 10.76 11.85 10.13 %
Estimates

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