ACWA Power ends at lowest level since December 2023
Shares of ACWA Power Co. dropped by 1% today, June 28, to close at the lowest level since December 2023 at SAR 220.
The stock recorded an intraday low of SAR 219.90.
Year High (SAR) | Year Low (SAR) |
496.84 | 219.90 |
Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
496.84 | 62.67 |
With today’s decline, the stock’s year-to-date losses have reached approximately 40%.
Market Data :
Open | 197.90 |
Low | 196.50 |
High | 203.50 |
Previous Close | 196.80 |
Change (3M) | (16.94 %) |
Change (6M) | (38.74 %) |
Market Value | 154,754.33 |
Avg. Volume (3M) | 416,719.74 |
Avg. Turnover (3M) | 97,782,657.65 |
Avg. Transaction (3M) | 6,103.92 |
Change(12M) | (48.37 %) |
YTD | (49.30 %) |
The company has made several changes to its capital since listing on the Main Market (TASI).
Adjustments to the capital (M Riyal) :
Date | Type | Capital (M Riyal) | Change (%) |
2025 | Right Issue | 7,664.90 | 4.63% |
2024 | Split | 7,325.62 | 0.20% |
2021 | IPO | 7,311.00 | 13.21% |
Financial Performance :
Overview :
Established in 2008 under the name of International Company for Water and Power Projects, the company initially operated as a Saudi closed joint-stock with capital of SAR 2.92 billion in Riyadh. The company was converted into a public joint-stock company in 2021 and subsequently changed its name to ACWA POWER Co. in early 2022.
The company’s main scope of business includes water and energy supply services, encompassing the development, investment, operation, and maintenance of power...
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Financial Ratios :
Financial Ratio | Current |
Market Cap (M Riyal) | 154,754.49 |
Shares Outstanding ((M)) | 766.49 |
EPS ( | ) (TTM)2.36 |
Book Value (BV) ( Riyal) (Latest announcement) | 29.08 |
Recurring P/E | More than 100 |
Price/book | 7.21 |
Dividend Yield (%) (Last Year) | 0.21 |
Return on Average Assets (%) (TTM) | 3.03 |
Return on Average Equity (%) (TTM) | 8.27 |
Par Value ( Riyal) | 10.00 |
Enterprise Value (EV) (M Riyal) | 182,634.02 |
EV/adj EBITDA | 79.86 |
EV/Revenues | 25.37 |
Calendar :
-
31 July
Financial results date
- -
05 August
Key Events
-
Analyst Estimates :
212.8
Fair Average Price
4
Number of Recommendations
Rating | Research firm | Current Price | Target Price | Change | |
Underweight | Morgan Stanley International | 244.00 | 225.19 | (7.71 %) | |
Sell | YAQEEN | 284.34 | 219.25 | (22.89 %) | |
Underweight | JP Morgan | 267.87 | 297.63 | 11.11 % | |
Sell | Hermes | 297.03 | 109.13 | (63.26 %) |
Call Request
Comments Analysis: