Luberef plunges to lowest since debut

17/08/2025 Argaam Exclusive

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 96.45
Low 95.45
High 97.35
Previous Close 96.50
Change (3M) (6.18 %)
Change (6M) (2.87 %)
Market Value 16,275.94
Avg. Volume (3M) 277,164.77
Avg. Turnover (3M) 24,836,065.08
Avg. Transaction (3M) 2,855.42
Change(12M) (17.56 %)
YTD (13.73 %)

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...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 16,275.95
Shares Outstanding ((M)) 168.75
EPS ( Riyal) (TTM) 5.34
Book Value (BV) ( Riyal) (Latest announcement) 25.67
Recurring P/E 18.32
Price/book 3.76
Dividend Yield (%) (Last Year) 6.93
Return on Average Assets (%) (TTM) 11.53
Return on Average Equity (%) (TTM) 20.26
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M Riyal) 16,304.06
EV/adj EBITDA 14.03
EV/Revenues 1.72


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 %

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