stc records highest close since May 2022
Shares of telecom operator stc rose 4% today, Feb. 26, to SAR 46.30, recording its highest close since May 2022.
The stock hit an intraday high of SAR 46.70, with 16 million shares worth SAR 730 million traded.
| Year High (SAR) | Year Low (SAR) |
| 46.70 | 35.85 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 77.40 | 11.40 |
The company posted a Q4 2024 profit of SAR 13.5 billion, driven by subsidiary sale gains. The telco announced SAR 2.55 per share quarterly and special dividends.
Market Data :
| Open | 42.44 |
| Low | 42.20 |
| High | 42.44 |
| Previous Close | 42.44 |
| Change (3M) | (0.52 %) |
| Change (6M) | 1.64 % |
| Market Value | 211,100.00 |
| Avg. Volume (3M) | 2,756,337.82 |
| Avg. Turnover (3M) | 119,138,684.68 |
| Avg. Transaction (3M) | 7,124.90 |
| Change(12M) | (4.05 %) |
| YTD | (1.77 %) |
stc adjusted its capital multiple times since listing on the Main Market (TASI), as shown below:
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2022 | Split | 50,000.00 | 150.00% |
| 2021 | Secondary Offering | 20,000.00 | 0.00% |
| 2006 | Split | 20,000.00 | 33.33% |
| 2003 | IPO | 15,000.00 | 25.00% |
Financial Performance :
Overview :
The company was established in 1998 in Riyadh as a closed Saudi joint-stock company by transferring the telegraph and telephone division of the Ministry of Post, Telegraph and Telephone (Telecommunications Sector) with its various components and technical and administrative facilities to the company. In 2003, it was transformed into a Saudi public joint-stock company, and then began its expansion outside the Kingdom in 2007.
The company's primary activity is providing fixed and mobile telec...
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Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 211,100.21 |
| Shares Outstanding ((M)) | 5,000.00 |
| EPS ( ) (TTM) | 2.97 |
| Book Value (BV) ( Riyal) (Latest announcement) | 16.68 |
| Recurring P/E | 14.74 |
| Price/book | 2.53 |
| Dividend Yield (%) (Last Year) | 5.20 |
| Return on Average Assets (%) (TTM) | 9.32 |
| Return on Average Equity (%) (TTM) | 17.16 |
| Par Value ( Riyal) | 10.00 |
| Enterprise Value (EV) (M Riyal) | 214,184.18 |
| EV/adj EBITDA | 8.75 |
| EV/Revenues | 2.75 |
Calendar :
-
05 March
Ex-dividend Date
- -
24 March
Cash Dividend Distribution
- -
01 May
Ex-dividend Date
- -
13 May
Ex-dividend Date
- -
13 May
General Assembly
- -
20 May
Cash Dividend Distribution
-
Analyst Estimates :
44.83
Fair Average Price
3
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Hold | HSBC | 44.20 | 45.00 | 1.81 % | |
| Overweight | AlJazira Capital | 40.20 | 45.50 | 13.18 % | |
| Hold | United Securities Company | 40.90 | 44.00 | 7.58 % |
Call Request
Comments Analysis: