SIDC hits lowest level since 2003

07/12/2025 Argaam Exclusive

Shares of Saudi Industrial Development Co. (SIDC) dropped today, Dec. 7, to SAR 12.03—the lowest price since July 2003.

The stock hit an intraday low at 11.55.

 

The company has recently increased its capital by 122.22% through a rights issue worth SAR 165 million.

Year High (SAR) Year Low (SAR)
22.98 11.55
Highest Since Debut (SAR) Lowest Since Debut (SAR)
265.32 6.39

With today’s decline, the stock has lost approximately 36% year-to-date (YTD).

Market Data :

Open 11.67
Low 11.60
High 11.83
Previous Close 11.67
Change (3M) (41.11 %)
Change (6M) (47.25 %)
Market Value 349.80
Avg. Volume (3M) 542,369.30
Avg. Turnover (3M) 7,254,934.85
Avg. Transaction (3M) 1,342.74
Change(12M) (42.13 %)
YTD (2.83 %)

The company made several changes to its capital since its debut in February 1993.

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2025 Right Issue   300.00 122.22%
2024 Reduction   135.00 (66.25%)

Financial Performance :

Overview :

The company was initially established in Jeddah in 1992 as a closed Saudi joint-stock company with capital of SAR 400 million. One year later, it was transformed into a public joint-stock company. The company's core business involves the manufacture of mattresses, plastic sanitary supplies, and foam products, organized across seven key operating segments. The primary revenue source is the mattresses and foam segment, encompassing the production and sale of various-density foam, spring mat...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 349.80
Shares Outstanding ((M)) 30.00
EPS ( Riyal) (TTM) (1.08 )
Book Value (BV) ( Riyal) (Latest announcement) 2.24
Recurring P/E Neg
Price/book 7.43
Dividend Yield (%) (Last Year) 0.00
Return on Average Assets (%) (TTM) (12.81 )
Return on Average Equity (%) (TTM) (37.91 )
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M Riyal) 393.43
EV/adj EBITDA (28.97)
EV/Revenues 3.44


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