ACWA Power ends at lowest level since December 2023

28/07/2025 Argaam Exclusive

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 243.40
Low 241.70
High 250.00
Previous Close 243.00
Change (3M) 8.14 %
Change (6M) (24.34 %)
Market Value 185,260.63
Avg. Volume (3M) 433,926.55
Avg. Turnover (3M) 96,723,041.75
Avg. Transaction (3M) 5,965.94
Change(12M) (45.35 %)
YTD (39.31 %)

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...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 185,260.82
Shares Outstanding ((M)) 766.49
EPS ( Riyal) (TTM) 2.36
Book Value (BV) ( Riyal) (Latest announcement) 29.08
Recurring P/E More than 100
Price/book 8.63
Dividend Yield (%) (Last Year) 0.18
Return on Average Assets (%) (TTM) 3.03
Return on Average Equity (%) (TTM) 8.27
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M Riyal) 213,140.36
EV/adj EBITDA 93.20
EV/Revenues 29.61


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 %)

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