Americana records lowest close since debut
Shares of Americana Restaurants International Plc fell 5% today, April 8, hitting the lowest close since listing on the Main Market (TASI) at SAR 1.90 apiece.
The stock hit an intraday low of SAR 1.85.
Being dually listed on the Abu Dhabi Stock Exchange (ADX), Americana’s stock closed today’s session at AED 1.87 — also the lowest since debut, after shedding more than 4%.
| Year High (SAR) | Year Low (SAR) |
| 3.49 | 1.85 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 4.65 | 1.85 |
Americana has made no changes to its capital since listing on TASI in December 2022, as shown below:
Market Data :
| Open | 1.66 |
| Low | 1.65 |
| High | 1.66 |
| Previous Close | 1.65 |
| Change (3M) | (15.38 %) |
| Change (6M) | (23.96 %) |
| Market Value | 13,983.23 |
| Avg. Volume (3M) | 24,742,184.77 |
| Avg. Turnover (3M) | 43,718,715.26 |
| Avg. Transaction (3M) | 4,774.59 |
| Change(12M) | (33.20 %) |
| YTD | (1.79 %) |
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2022 | IPO | 631.77 | 0.00% |
Financial Performance :
Overview :
The company was established in the Abu Dhabi Global Market (ADGM) as a private company in 2022, under the name “Americana Restaurants LTD”. Its core activities are restaurants management, proprietary investment, and executing activities of head office, by operating international brands such as KFC, Pizza Hut, Hardee's, Krispy Kreme and others. The company offers its services in various markets including UAE, KSA, Kuwait, Egypt, Qatar and other markets.
It also oversees and manag...
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Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 13,983.24 |
| Shares Outstanding ((M)) | 8,423.63 |
| EPS ( ) | 7.87 |
| Book Value (BV) ( Riyal) (Latest announcement) | 0.18 |
| Recurring P/E | 19.57 |
| Price/book | 9.22 |
| Dividend Yield (%) (Last Year) | 3.42 |
| Return on Average Assets (%) (TTM) | 11.62 |
| Return on Average Equity (%) (TTM) | 46.00 |
| Par Value ( Halala) | 7.50 |
| Enterprise Value (EV) (M Riyal) | 13,280.46 |
| EV/adj EBITDA | 6.67 |
| EV/Revenues | 1.46 |
Calendar :
-
29 April
General Assembly
- -
29 April
Board Meeting
- -
07 May
Ex-dividend Date
- -
23 June
Board Meeting
- -
29 July
Board Meeting
- -
15 September
Board Meeting
-
Analyst Estimates :
2.4
Fair Average Price
1
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Hold | Jefferies | 2.44 | 2.40 | (1.64 %) |
Call Request
Comments Analysis: