Luberef plunges to lowest since debut
Shares of Saudi Aramco Base Oil Co. (Luberef) plummeted to their lowest price since debut today, Aug. 17, at SAR 85.7.
The stock closed at SAR 86.90 (+1%), with trading volume reaching approximately 180,000 shares.
| Year High (SAR) | Year Low (SAR) |
| 134.60 | 85.70 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 179.00 | 85.70 |
Market Data :
| Open | 125.00 |
| Low | 120.40 |
| High | 125.00 |
| Previous Close | 124.90 |
| Change (3M) | 19.73 % |
| Change (6M) | 31.04 % |
| Market Value | 20,587.50 |
| Avg. Volume (3M) | 388,042.72 |
| Avg. Turnover (3M) | 42,166,386.58 |
| Avg. Transaction (3M) | 3,434.47 |
| Change(12M) | 23.23 % |
| YTD | 26.89 % |
The company has not adjusted its capital since its listing on Tadawul in December 2022.
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2022 | IPO | 1,687.50 | 0.00% |
Financial Performance :
Overview :
Saudi Aramco Base Oil Co. (Luberef) commenced operations in 1976 in Jeddah as a limited liability company under the name of Petromin Lubricating Oil Refining Company with an initial capital of SAR 26.26 million. The company underwent a series of name changes, rebranding to Saudi Aramco Lubricating Oil Refining Company in 1998 and subsequently adopting its current name in 2013. In 2022, the company was converted into a closed joint-stock company and further was transformed into a public joint-sto...
Comments {{getCommentCount()}}
Be the first to comment
{{Comments.indexOf(comment)+1}}
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.
Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 20,587.52 |
| Shares Outstanding ((M)) | 168.75 |
| EPS ( ) (TTM) | 5.07 |
| Book Value (BV) ( Riyal) (Latest announcement) | 27.16 |
| Recurring P/E | 24.07 |
| Price/book | 4.49 |
| Dividend Yield (%) (Last Year) | 3.69 |
| Return on Average Assets (%) (TTM) | 11.15 |
| Return on Average Equity (%) (TTM) | 19.05 |
| Par Value ( Riyal) | 10.00 |
| Enterprise Value (EV) (M Riyal) | 19,999.55 |
| EV/adj EBITDA | 17.41 |
| EV/Revenues | 2.47 |
Calendar :
-
01 October
Ex-dividend Date
- -
15 October
Cash Dividend Distribution
- -
13 April
Ex-dividend Date
- -
13 April
General Assembly
- -
30 April
Cash Dividend Distribution
-
Analyst Estimates :
117.78
Fair Average Price
4
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Buy | Citi Bank Group | 85.90 | 118.00 | 37.37 % | |
| Hold | HSBC | 86.20 | 104.00 | 20.65 % | |
| Overweight | SNB Capital | 99.80 | 118.10 | 18.34 % | |
| Buy | Alinma Capital | 100.60 | 131.00 | 30.22 % |
Call Request
Comments Analysis: