Theeb shares close at record low
Theeb shares fell 5% today, Aug. 6, touching SAR 21 apiece, recording their lowest close since debut.
The stock hit its intraday low at SAR 20.87.
The company announced on Aug. 5 a 66% year-on-year (YoY) decline in Q2 2026 net profit to SAR 16.4 million.
| Year High (SAR) | Year Low (SAR) |
| 43.59 | 20.87 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 58.58 | 20.87 |
Following today's decline, the stock’s year-to-date (YTD) losses reached more than 40%.
Market Data :
| Open | 20.50 |
| Low | 20.25 |
| High | 20.50 |
| Previous Close | 20.50 |
| Change (3M) | (19.92 %) |
| Change (6M) | (34.09 %) |
| Market Value | 1,341.83 |
| Avg. Volume (3M) | 774,110.56 |
| Avg. Turnover (3M) | 16,911,244.95 |
| Avg. Transaction (3M) | 2,185.09 |
| Change(12M) | (48.40 %) |
| YTD | (45.90 %) |
The company has carried out one capital adjustment since its listing on the market.
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2025 | Bonus Shares | 659.72 | 53.42% |
| 2021 | IPO | 430.00 | 0.00% |
Financial Performance :
Overview :
The company was established in 1991 in Riyadh as part of the operational activities of Theeb Establishment for Contracting. It transformed into a limited liability company in 1998 under the name Theeb Rent a Car Co. with capital of SAR 500,000. The firm converted into a closed joint-stock company in 2010 before transitioning into a public joint-stock company in 2021.
Activities and Business Segment
The company operates in the car rental and vehicle lease business across its branch network ...
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Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 1,341.83 |
| Shares Outstanding ((M)) | 65.97 |
| Recurring EPS ( Riyal) (TTM) | 2.09 |
| Book Value (BV) ( Riyal) (Latest announcement) | 14.36 |
| Recurring P/E (TTM) | 9.72 |
| Price/book | 1.42 |
| Dividend Yield (%) (Last Year) | 6.78 |
| Return on Average Assets (%) (TTM) | 4.42 |
| Return on Average Equity (%) (TTM) | 15.14 |
| Par Value ( Riyal) | 10.00 |
| Enterprise Value (EV) (M Riyal) | 3,404.39 |
| EV/adj EBITDA | 4.95 |
| EV/ EBITDA | - |
| EV/Revenues | 2.09 |
No upcoming events available
Analyst Estimates :
33.7
Fair Average Price
5
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Overweight | AlJazira Capital | 23.30 | 33.00 | 41.63 % | |
| Overweight | GIB Capital | 23.76 | 37.50 | 57.83 % | |
| Buy | Alinma Capital | 24.48 | 39.00 | 59.31 % | |
| Hold | United Securities Company | 25.70 | 28.00 | 8.95 % | |
| Buy | Riyad Capital | 26.14 | 31.00 | 18.59 % |
Call Request
Comments Analysis: