SABIC hits lowest level since 2009
Shares of Saudi Basic Industries Corp. (SABIC) fell to their lowest level since 2009 to SAR 47.04 on Monday.
The stock is currently trading 1% lower.
| Year High (SAR) | Year Low (SAR) |
| 64.00 | 47.04 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 252.27 | 7.42 |
Accordingly, the stock’s year-to-date (YTD) losses stand at 20%.
Market Data :
| Open | 47.50 |
| Low | 47.04 |
| High | 47.54 |
| Previous Close | 47.52 |
| Change (3M) | (12.04 %) |
| Change (6M) | (16.81 %) |
| Market Value | 142,500.00 |
| Avg. Volume (3M) | 1,484,288.33 |
| Avg. Turnover (3M) | 75,351,515.67 |
| Avg. Transaction (3M) | 6,003.29 |
| Change(12M) | (22.07 %) |
| YTD | (7.41 %) |
The company has amended its capital several times since listing on the Saudi Exchange (Tadawul).
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2008 | Bonus Shares | 30,000.00 | 20.00% |
| 2006 | Bonus Shares | 25,000.00 | 25.00% |
| 2005 | Bonus Shares | 20,000.00 | 33.33% |
| 2001 | Bonus Shares | 15,000.00 | 12.50% |
| 2000 | Bonus Shares | 13,333.00 | 33.33% |
| 1990 | Bonus Shares | 10,000.00 | 33.33% |
| 1989 | Bonus Shares | 7,500.00 | 50.00% |
Financial Performance :
Overview :
Established in 1976 as a closed joint-stock company with an initial capital of SAR 5 billion, Saudi Basic Industries Corporation (SABIC) commenced its industrial operations through its subsidiaries in 1983. Subsequently, in 1984, it was transitioned to a public joint-stock company. By 2005, SABIC achieved significant growth, solidifying its position as the eleventh largest company globally. In 2012, the company established SABIC Academy to foster professional development.
In 2020, marking a sig...
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Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 142,500.14 |
| Shares Outstanding ((M)) | 3,000.00 |
| Recurring EPS ( Riyal) (TTM) | (1.50 ) |
| Book Value (BV) ( Riyal) (Latest announcement) | 41.18 |
| Recurring P/E (TTM) | Neg |
| Price/book | 1.15 |
| Dividend Yield (%) (Last Year) | 6.32 |
| Return on Average Assets (%) (TTM) | (8.24 ) |
| Return on Average Equity (%) (TTM) | (15.37 ) |
| Par Value ( Riyal) | 10.00 |
| Enterprise Value (EV) (M Riyal) | 170,402.25 |
| EV/adj EBITDA | 11.92 |
| EV/ EBITDA | 10.52 |
| EV/Revenues | 1.50 |
No upcoming events available
Analyst Estimates :
57.5
Fair Average Price
3
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Aggregate | FAB Securities | 49.20 | 65.00 | 32.11 % | |
| Neutral | Riyad Capital | 50.95 | 50.00 | (1.86 %) | |
| Under Review | U-Capital | 49.90 | - |
Call Request
Comments Analysis: