Saudi Aramco hit lowest close in 5 years
Shares of TASI-listed Saudi Arabian Oil Co. (Saudi Aramco) fell 1% on Tuesday, March 18, to SAR 25.60, marking their lowest close since May 2020, or about five years ago.
The stock declined to its lowest price today at SAR 25.50.
| Year High (SAR) | Year Low (SAR) |
| 31.45 | 25.50 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 39.41 | 22.32 |
Since its listing on the Main Market, Saudi Aramco has made several capital adjustments, as shown in the table below:
Market Data :
| Open | 27.84 |
| Low | 27.64 |
| High | 27.90 |
| Previous Close | 27.86 |
| Change (3M) | 8.56 % |
| Change (6M) | 8.22 % |
| Market Value | 6,751,800.00 |
| Avg. Volume (3M) | 16,987,459.65 |
| Avg. Turnover (3M) | 461,896,245.62 |
| Avg. Transaction (3M) | 20,038.36 |
| Change(12M) | 6.90 % |
| YTD | 17.08 % |
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2024 | Secondary Offering | 90,000.00 | 0.00% |
| 2023 | Bonus Shares | 90,000.00 | 20.00% |
| 2022 | Bonus Shares | 75,000.00 | 25.00% |
| 2019 | IPO | 60,000.00 | 0.00% |
Financial Performance :
Overview :
Saudi Aramco is the state-owned oil company of the Kingdom of Saudi Arabia, and the world's largest producer of oil and chemicals.
Over the past 80 years, the company has become a world leader in hydrocarbons exploration, production, refining, distribution and marketing.
In 1988, the company was incorporated by a royal decree, establishing a new company to take over the responsibilities of an oil concession initially signed in 1933 between the Saudi government and Standard Oil Company of C...
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Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 6,751,806.78 |
| Shares Outstanding ((M)) | 242,000.00 |
| Recurring EPS ( Riyal) (TTM) | 1.68 |
| Book Value (BV) ( Riyal) (Latest announcement) | 6.33 |
| Recurring P/E | 16.58 |
| Price/book | 4.41 |
| Dividend Yield (%) (Last Year) | 4.78 |
| Return on Average Assets (%) (TTM) | 14.59 |
| Return on Average Equity (%) (TTM) | 24.79 |
| Par Value ( Riyal) | - |
| Enterprise Value (EV) (M Riyal) | 7,010,093.78 |
| EV/adj EBITDA | 8.11 |
| EV/Revenues | 4.10 |
Calendar :
-
26 March
Cash Dividend Distribution
- -
11 May
Financial results date
- -
19 May
General Assembly
- -
21 May
Ex-dividend Date
- -
29 May
Cash Dividend Distribution
- -
05 August
Financial results date
-
Analyst Estimates :
30.79
Fair Average Price
12
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Buy | United Securities Company | 26.30 | 29.00 | 10.27 % | |
| Hold | HSBC | 26.55 | 30.00 | 12.99 % | |
| Buy | Bank of America | 26.55 | 35.00 | 31.83 % | |
| Neutral | EFG-Hermes | 26.55 | 31.00 | 16.76 % | |
| Hold | kepler cheuvreux | 26.90 | 28.00 | 4.09 % | |
| Neutral | RBC Capital | 26.90 | 32.00 | 18.96 % | |
| Underweight | Bernstein Research | 29.90 | 28.00 | (6.35 %) | |
| Neutral | Exane | 27.10 | 26.50 | (2.21 %) | |
| Overweight | JP Morgan | 27.70 | 30.50 | 10.11 % | |
| Buy | Jefferies | 27.70 | 32.00 | 15.52 % | |
| Buy | Alawwal Capital | 27.65 | 35.41 | 28.07 % | |
| Overweight | AlJazira Capital | 28.00 | 32.10 | 14.64 % |
Call Request
Comments Analysis: