Bahri closes at record high since 2006; gains over 37% in one month

05/10/2025 Argaam Exclusive

Shares of Tadawul-listed National Shipping Company of Saudi Arabia (Bahri) rose by 6% today, Oct. 5, to SAR 29.86, recording their highest close since 2006.

 

The stock hit an intraday high of SAR 29.98.

 

Earlier, Bahri signed a SAR 762 million purchase agreement with International Marine Industries Co. (IMI) to build and deliver six crane-equipped Ultramax dry bulk vessels.

Year High (SAR) Year Low (SAR)
29.98 20.64
Highest Since Debut (SAR) Lowest Since Debut (SAR)
45.69 1.40
Chart

With today’s performance, Bahri’s shares have gained more than 37% over the past month.

Market Data :

Open 31.10
Low 31.06
High 33.00
Previous Close 31.10
Change (3M) 1.84 %
Change (6M) 46.30 %
Market Value 29,568.11
Avg. Volume (3M) 592,614.47
Avg. Turnover (3M) 17,536,524.55
Avg. Transaction (3M) 1,804.12
Change(12M) 34.87 %
YTD 10.56 %
Overview

The company has implemented several capital adjustments since its listing on Tadawul, as shown in the table below:

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2025 Split   9,228.52 25.00%
2023 Split   7,382.81 50.00%
2022 Split   4,921.88 25.00%
2014 Private Offering   3,937.50 25.00%
2007 Right Issue   3,150.00 40.00%
2006 Split   2,250.00 12.50%
Company Action

Financial Performance :

Financial Statements

Overview :

The company was established as a Saudi joint-stock company in Riyadh with capital of SAR 500,000 in 1978. A year later, it started operations in the general cargo transportation sector. In 1990, the company expanded into the chemicals transportation sector by founding the National Chemical Carriers Limited Company (NCC). Six years later, it ventured into crude oil transportation. The company further diversified its operations by entering the liquefied natural gas sector and the bulk cargo sector...
Profile


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 29,568.14
Shares Outstanding ((M)) 922.85
EPS ( Riyal) (TTM) 2.09
Book Value (BV) ( Riyal) (Latest announcement) 15.48
Recurring P/E 15.46
Price/book 2.07
Dividend Yield (%) (Last Year) 2.50
Return on Average Assets (%) (TTM) 7.10
Return on Average Equity (%) (TTM) 14.07
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M Riyal) 39,748.04
EV/adj EBITDA 9.94
EV/Revenues 4.27
Ratios


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