SASCO surges to highest level since debut

31/01/2024 Argaam Exclusive

Saudi Automotive Services Co. (SASCO) hit today, Jan. 31, the highest level since debut on the Saudi Exchange (Tadawul) at SAR 84.80.

Highest per Year (Riyal) Lowest per Year (Riyal)
72.68 28.84
Highest since listing (Riyal) Lowest since listing (Riyal)
72.68 0.94
Chart

However, the stock did not clinch the highest close since listing, as it recorded SAR 79.40 per share in 2006, but ended today’s session 1% higher at SAR 79.20 apiece.

 

In the last 12 months, SASCO raised its gains to over 120%.

Market Data :

Open 57.80
Low 57.80
High 59.30
Previous Close 58.10
Change (3M) (18.51 %)
Change (6M) (3.51 %)
Market Value 4,151.00
Avg. Volume (3M) 422,507.18
Avg. Turnover (3M) 24,157,305.87
Avg. Transaction (3M) 3,107.58
Change(12M) 6.44 %
YTD (6.88 %)
Overview

The company changed its capital several times, as shown in the following table:

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2024 Split   700.00 16.67%
2018 Split   600.00 11.11%
2015 Split   540.00 20.00%
2006 Split   450.00 50.00%
2001 Reduction   300.00 (50.00%)
Company Action

Financial Performance :

Financial Statements

Overview :

The Saudi Automotive Services Company (SASCO) was founded in Riyadh in 1982. Its primary business is in the retail sector, where it runs car service centers, rest houses and restaurants on highways. Sasco owns a club that issues international driving licenses and Customs Transit (Triptik) books.
Profile


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 4,151.00
Shares Outstanding ((M)) 70.00
EPS ( Riyal) (TTM) 1.45
Book Value (BV) ( Riyal) (Latest announcement) 12.67
Adjusted P/E (Last12) More than 100
Price/book 4.68
Dividend Yield (%) (Last Year) 1.81
Return on Average Assets (%) (TTM) 1.67
Return on Average Equity (%) (TTM) 11.83
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M) 5,480.37
Ratios


Analyst Estimates :

46.28

Fair Average Price

1

Number of Recommendations

Rating Research firm Current Price Target Price Change
Neutral GIB Capital 50.91 46.28 (9.09 %)
Estimates

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