SABIC closes at lowest level since March 2020

18/02/2025 Argaam Exclusive

Shares of Saudi Basic Industries Corp. (SABIC) closed at their lowest level since March 2020 at SAR 65.60 today, Feb. 18.

 

The stock shed nearly 1% after about 1.3 million shares were traded.

Year High (SAR) Year Low (SAR)
89.00 65.50
Highest Since Debut (SAR) Lowest Since Debut (SAR)
252.27 7.42

Market Data :

Open 61.10
Low 60.60
High 61.30
Previous Close 61.00
Change (3M) (8.51 %)
Change (6M) (15.68 %)
Market Value 183,900.00
Avg. Volume (3M) 1,895,930.53
Avg. Turnover (3M) 119,728,510.78
Avg. Transaction (3M) 8,855.53
Change(12M) (26.85 %)
YTD (8.51 %)

The company has adjusted its capital several times since its listing on Tadawul, as shown below:

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2008 Split   30,000.00 20.00%
2006 Split   25,000.00 25.00%
2005 Split   20,000.00 33.33%
2001 Split   15,000.00 12.50%
2000 Split   13,333.00 33.33%
1990 Split   10,000.00 33.33%
1989 Split   7,500.00 50.00%

Financial Performance :

Overview :

Established in 1976 as a closed joint-stock company with an initial capital of SAR 5 billion, Saudi Basic Industries Corporation (SABIC) commenced its industrial operations through its subsidiaries in 1983. Subsequently, in 1984, it was transitioned to a public joint-stock company. By 2005, SABIC achieved significant growth, solidifying its position as the eleventh largest company globally. In 2012, the company established SABIC Academy to foster professional development. In 2020, marking a sig...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 183,900.00
Shares Outstanding ((M)) 3,000.00
EPS ( Riyal) (TTM) 0.51
Book Value (BV) ( Riyal) (Latest announcement) 52.28
Adjusted P/E (Last12) 62.58
Price/book 1.17
Dividend Yield (%) (Last Year) 5.55
Return on Average Assets (%) (TTM) 0.54
Return on Average Equity (%) (TTM) 0.68
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M) 203,045.56


Analyst Estimates :

81.57

Fair Average Price

6

Number of Recommendations

Rating Research firm Current Price Target Price Change
Overweight AlJazira Capital 67.20 84.00 25.00 %
Aggregate AlphaMena 68.50 88.00 28.47 %
Neutral Citi Bank Group 68.90 73.00 5.95 %
Buy Goldman Sachs 68.00 84.40 24.12 %
Hold HSBC 69.00 70.00 1.45 %
Buy FAB Securities 70.00 90.00 28.57 %

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