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 | 25.92 | 
| Low | 25.86 | 
| High | 26.02 | 
| Previous Close | 25.92 | 
| Change (3M) | 6.85 % | 
| Change (6M) | 2.17 % | 
| Market Value | 6,267,800.00 | 
| Avg. Volume (3M) | 12,653,265.77 | 
| Avg. Turnover (3M) | 310,208,079.46 | 
| Avg. Transaction (3M) | 20,304.42 | 
| Change(12M) | (4.25 %) | 
| YTD | (7.66 %) | 
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) | 
| 2024 | Secondary Offering | 90,000.00 | 0.00% | 
| 2023 | Split | 90,000.00 | 20.00% | 
| 2022 | Split | 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) | 6,267,806.29 | 
| Shares Outstanding ((M)) | 242,000.00 | 
| EPS ( ) (TTM) | 1.51 | 
| Book Value (BV) ( Riyal) (Latest announcement) | 6.13 | 
| Recurring P/E | 16.98 | 
| Price/book | 4.22 | 
| Dividend Yield (%) (Last Year) | 6.85 | 
| Return on Average Assets (%) (TTM) | 14.87 | 
| Return on Average Equity (%) (TTM) | 24.45 | 
| Par Value ( Riyal) | - | 
| Enterprise Value (EV) (M Riyal) | 6,543,671.29 | 
| EV/adj EBITDA | 7.86 | 
| EV/Revenues | 3.78 | 
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 | 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
    
 
                                            
                                            
                                            
                                            
                                             
                
             
        
     
                     
                 
                     
                         
                 
                
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