City Cement tumbles to lowest close since May 2020
Shares of City Cement Co. shed 3% today, Oct. 22, amounting to SAR 14.70 apiece — the lowest close since May 2020.
The stock hit an intraday low of SAR 14.66, as 961,600 shares changed hands.
| Year High (SAR) | Year Low (SAR) |
| 21.88 | 14.66 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 32.30 | 8.76 |
Accordingly, the stock’s year-to-date losses reached 19%.
Market Data :
| Open | 12.64 |
| Low | 12.37 |
| High | 12.68 |
| Previous Close | 12.63 |
| Change (3M) | (19.03 %) |
| Change (6M) | (22.11 %) |
| Market Value | 1,775.20 |
| Avg. Volume (3M) | 292,346.72 |
| Avg. Turnover (3M) | 4,238,893.91 |
| Avg. Transaction (3M) | 998.78 |
| Change(12M) | (31.75 %) |
| YTD | (30.33 %) |
The company carried out several adjustments to its capital since debut on Tadawul in September 2012.
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2025 | Private Offering Cancelled | 2,011.64 | 43.69% |
| 2020 | Reduction | 1,400.00 | (26.00%) |
| 2012 | IPO | 1,892.00 | 100.00% |
Financial Performance :
Overview :
The company was established in Riyadh in 2005 as a closed joint-stock company with an initial capital of SAR 550 million. Following the commencement of pilot production in 2007, commercial operations began in early 2008. The firm was converted into a public joint-stock company in 2012 and subsequently launched operational efficiency and fuel rationalization initiatives in 2013. In 2015, the company introduced tire-derived fuel (TDF) as an alternative fuel source, and started the commercial opera...
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Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 1,775.20 |
| Shares Outstanding ((M)) | 140.00 |
| EPS ( ) (TTM) | 0.98 |
| Book Value (BV) ( Riyal) (Latest announcement) | 12.86 |
| Recurring P/E | 12.89 |
| Price/book | 0.99 |
| Dividend Yield (%) (Last Year) | 3.94 |
| Return on Average Assets (%) (TTM) | 7.36 |
| Return on Average Equity (%) (TTM) | 7.75 |
| Par Value ( Riyal) | 10.00 |
| Enterprise Value (EV) (M Riyal) | 1,265.68 |
| EV/adj EBITDA | 5.74 |
| EV/Revenues | 2.32 |
No upcoming events available
Analyst Estimates :
19
Fair Average Price
2
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Hold | United Securities Company | 16.30 | 17.50 | 7.36 % | |
| Buy | U-Capital | 16.75 | 20.50 | 22.39 % |
Call Request
Comments Analysis: