Mobily stock closes at highest price since 2014

19/02/2025 Argaam Exclusive

Etihad Etisalat Co.’s (Mobily) stock rose 5% today, Feb. 19, to SAR 59.80, recording its highest closing price since 2014.

 

Earlier today, the telco reported a 31% year-on-year (YoY) increase in Q4 2024 profit to SAR 979.6 million, beating market estimates.

Year High (SAR) Year Low (SAR)
60.10 46.75
Highest Since Debut (SAR) Lowest Since Debut (SAR)
119.00 12.94

Market Data :

Open 61.85
Low 60.30
High 61.85
Previous Close 62.05
Change (3M) 5.74 %
Change (6M) 1.84 %
Market Value 46,816.00
Avg. Volume (3M) 1,008,309.77
Avg. Turnover (3M) 60,650,715.91
Avg. Transaction (3M) 3,446.55
Change(12M) 19.22 %
YTD 13.86 %

The company amended its capital several times since listing on Tadawul, as shown in the following table:

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2013 Split   7,700.00 10.00%
2008 Right Issue   7,000.00 40.00%
2004 IPO   5,000.00 0.00%

Financial Performance :

Overview :

Established in 2004 and commencing operations in 2005, the company holds the second license for wireless mobile telecommunications services within the Kingdom. Demonstrating a commitment to technological advancement, the organization launched 3.5G network services in 2006, followed by the introduction of 4G services in 2011 and the deployment of 5G network services in 2019. The company operates a mobile wireless network and fiber optic networks, including their extensions. Its activities also i...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 46,816.05
Shares Outstanding ((M)) 770.00
EPS ( Riyal) (TTM) 4.42
Book Value (BV) ( Riyal) (Latest announcement) 25.26
Recurring P/E 15.00
Price/book 2.41
Dividend Yield (%) (Last Year) 3.62
Return on Average Assets (%) (TTM) 8.67
Return on Average Equity (%) (TTM) 18.30
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M Riyal) 49,423.77
EV/adj EBITDA 6.86
EV/Revenues 2.63


Analyst Estimates :

67.53

Fair Average Price

3

Number of Recommendations

Rating Research firm Current Price Target Price Change
Buy HSBC 57.00 72.00 26.32 %
Overweight AlJazira Capital 53.00 62.60 18.11 %
Buy Sico 55.30 68.00 22.97 %

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