Riyadh Development closes at highest price since 2006
Shares of Riyadh Development Co. rose 9% today, Dec. 29, to SAR 34.55 apiece, to close at the highest price since April 2006.
The stock hit an intraday high of SAR 34.75.
| Year High (SAR) | Year Low (SAR) |
| 34.75 | 20.90 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 74.83 | 3.20 |
Accordingly, the stock’s year-to-date (YTD) gains reached nearly 50%.
Market Data :
| Open | 17.93 |
| Low | 17.64 |
| High | 19.04 |
| Previous Close | 17.88 |
| Change (3M) | (19.97 %) |
| Change (6M) | (35.41 %) |
| Market Value | 4,454.04 |
| Avg. Volume (3M) | 257,533.77 |
| Avg. Turnover (3M) | 5,188,535.27 |
| Avg. Transaction (3M) | 1,419.85 |
| Change(12M) | (47.18 %) |
| YTD | (14.96 %) |
The company has amended its capital several times since listing on the Saudi Exchange (Tadawul) in 1994.
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2025 | Private Offering | 2,339.31 | 31.59% |
| 2019 | Split | 1,777.78 | 33.33% |
| 2014 | Split | 1,333.33 | 33.33% |
Financial Performance :
Overview :
The Saudi joint-stock company was established in 1994 in Riyadh with capital of SAR 1 billion.
The company operates in the general construction of residential and non-residential buildings, with operations organized into three key business segments: commercial centers, public benefit, and land and contributions. The commercial centers segment serves as the company's principal revenue driver and includes AlTameer Bus Terminal, AlTameer International Car Auction, Otaiqah Central Market, Riy...
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Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 4,454.05 |
| Shares Outstanding ((M)) | 233.93 |
| EPS ( ) (TTM) | 1.27 |
| Book Value (BV) ( Riyal) (Latest announcement) | 17.64 |
| Recurring P/E | 16.35 |
| Price/book | 1.08 |
| Dividend Yield (%) (Last Year) | 2.63 |
| Return on Average Assets (%) (TTM) | 8.06 |
| Return on Average Equity (%) (TTM) | 8.88 |
| Par Value ( Riyal) | 10.00 |
| Enterprise Value (EV) (M Riyal) | 3,397.55 |
| EV/adj EBITDA | 14.55 |
| EV/Revenues | 8.84 |
Calendar :
-
03 February
General Assembly
- -
08 May
Ex-dividend Date
- -
08 May
General Assembly
- -
25 May
Cash Dividend Distribution
- -
28 September
Ex-dividend Date
- -
16 October
Cash Dividend Distribution
-
Call Request
Comments Analysis: