Tasnee shares hit 10-year low
Tasnee shares fell today, Sept. 29, to their lowest level since 2016, at SAR 7.95.
The stock is trading 2% down.
| Year High (SAR) | Year Low (SAR) |
| 11.94 | 7.95 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 77.38 | 1.50 |
Today’s pullback brought the stock’s YTD losses to more than 25%.
Market Data :
| Open | 8.06 |
| Low | 7.95 |
| High | 8.11 |
| Previous Close | 8.13 |
| Change (3M) | (11.74 %) |
| Change (6M) | (10.45 %) |
| Market Value | 5,331.25 |
| Avg. Volume (3M) | 970,568.02 |
| Avg. Turnover (3M) | 8,826,866.51 |
| Avg. Transaction (3M) | 1,369.98 |
| Change(12M) | (28.39 %) |
| YTD | (13.56 %) |
The company has made several changes to its capital since listing in 1991.
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2012 | Bonus Shares | 6,689.00 | 20.00% |
| 2011 | Bonus Shares | 5,574.30 | 10.00% |
| 2010 | Bonus Shares | 5,067.50 | 10.00% |
| 2008 | Right Issue | 4,606.85 | 31.78% |
| 2007 | Bonus Shares | 3,495.70 | 50.00% |
| 2006 | Private Offering | 2,330.49 | 48.44% |
| 2005 | Bonus Shares | 1,570.00 | 60.00% |
| 2004 | Right Issue | 981.25 | 25.00% |
| 2003 | Private Offering | 785.00 | 30.83% |
| 1991 | IPO | 600.00 | 0.00% |
Financial Performance :
Overview :
National Industrialization Co. (Tasnee) was established as a Saudi public joint-stock company in Riyadh in 1985, as the first Saudi joint-stock company wholly owned by the private sector.
Activities and Business Segments
The company and its subsidiaries operate in industrial investment, advanced industrial technology transfer across petrochemical processing, and engineering and mechanical industries, alongside managing and owning industrial projects and marketing their products. The compan...
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Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 5,331.25 |
| Shares Outstanding ((M)) | 668.91 |
| Recurring EPS ( Riyal) (TTM) | (1.44 ) |
| Book Value (BV) ( Riyal) (Latest announcement) | 10.33 |
| Recurring P/E (TTM) | Neg |
| Price/book | 0.77 |
| Dividend Yield (%) (Last Year) | - |
| Return on Average Assets (%) (TTM) | (15.97 ) |
| Return on Average Equity (%) (TTM) | (40.07 ) |
| Par Value ( Riyal) | 10.00 |
| Enterprise Value (EV) (M Riyal) | 10,481.52 |
| EV/adj EBITDA | (10.60) |
| EV/ EBITDA | - |
| EV/Revenues | 4.47 |
No upcoming events available
Analyst Estimates :
9
Fair Average Price
1
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Neutral | Riyad Capital | 8.48 | 9.00 | 6.13 % |
Call Request
Comments Analysis: