SIIG plunges to lowest price since April 2020

26/12/2024 Argaam Exclusive

Shares of Saudi Industrial Investment Group (SIIG) hit the lowest price since April 2020 at SAR 16.3 today, Dec. 26, on the Main Market (TASI).
 
 The stock is down 3% today, with around 1.3 million shares traded so far.
 

The company had announced the board of directors' recommendation to reduce the capital by 10% through the cancellation of 75.48 million shares and the distribution of SAR 754.8 million to shareholders, at SAR 10 per cancelled share.

Year High (SAR) Year Low (SAR)
25.48 16.84
Highest Since Debut (SAR) Lowest Since Debut (SAR)
88.84 9.82
Chart

Today's decline brings the stock's losses to around 25% since the beginning of this year.

Market Data :

Open 17.66
Low 17.35
High 17.77
Previous Close 17.64
Change (3M) 4.50 %
Change (6M) 9.28 %
Market Value 12,071.52
Avg. Volume (3M) 1,333,166.65
Avg. Turnover (3M) 24,217,133.88
Avg. Transaction (3M) 2,277.92
Change(12M) (10.91 %)
YTD 2.21 %
Overview

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2025 Reduction   6,793.20 (10.00%)
2020 Private Offering   7,548.00 67.73%
2008 Right Issue   4,500.00 100.00%
2006 Split   2,250.00 25.00%
2005 Split   1,800.00 50.00%
2004 IPO   1,200.00 118.18%
Company Action

Financial Performance :

Financial Statements

Overview :

Founded in 1996 in Riyadh as a closed Saudi joint-stock company with an initial capital of SAR 550 million, Saudi Industrial Investment Group (SIIG) transitioned to a public joint-stock company in 2004. In 2022, SIIG expanded its operations through the merger with National Petrochemical Company (Petrochem). The group is a prominent leader in developing and advancing the Kingdom's industrial base, with a particular emphasis on fostering growth within the petrochemical sector. This strategic ...
Profile


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 12,071.53
Shares Outstanding ((M)) 679.32
EPS ( Riyal) (TTM) 0.22
Book Value (BV) ( Riyal) (Latest announcement) 13.34
Recurring P/E More than 100
Price/book 1.33
Dividend Yield (%) (Last Year) 3.13
Return on Average Assets (%) (TTM) 1.49
Return on Average Equity (%) (TTM) 1.54
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M Riyal) 11,792.53
EV/adj EBITDA -
EV/Revenues -
Ratios


Analyst Estimates :

0

Fair Average Price

1

Number of Recommendations

Rating Research firm Current Price Target Price Change
Under Review U-Capital 18.39 -
Estimates

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