Arabian Cement closes at lowest level since 2020

29/04/2024 Argaam Exclusive

Arabian Cement Co..'s stock fell more than 1% today, April 29, to its lowest price since October 2020 at SAR 30.55.

Highest per Year (Riyal) Lowest per Year (Riyal)
39.90 30.05
Highest since listing (Riyal) Lowest since listing (Riyal)
158.89 7.65
Chart

The stock hit an intraday low of SAR 30.05.

 

With today's decline, the stock's losses hit about 10% since the beginning of 2024.

Market Data :

Open 28.55
Low 28.30
High 28.55
Previous Close 28.55
Change (3M) (10.68 %)
Change (6M) (10.11 %)
Market Value 2,845.00
Avg. Volume (3M) 115,204.98
Avg. Turnover (3M) 3,428,950.25
Avg. Transaction (3M) 576.58
Change(12M) (25.81 %)
YTD (17.42 %)
Overview

Arabian Cement adjusted its capital several times since listing on the Saudi Exchange (Tadawul), as shown below:

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2014 Split   1,000.00 25.00%
2008 Right Issue   800.00 14.29%
2007 Split   700.00 16.67%
Company Action

Financial Performance :

Financial Statements

Overview :

The company was formed as a Saudi joint stock company in 1955, with a capital of SAR 25 million in Jeddah. The company produces and markets cement, building materials, clinker, related products, and derivatives inside and outside Saudi Arabia. It is also engaged in quarrying, and the establishment of plants and warehouses required for manufacturing, storage, sale, purchase, importing, exporting, and carrying out other complementary and supporting industries.
Profile


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 2,845.00
Shares Outstanding ((M)) 100.00
EPS ( Riyal) (TTM) 1.45
Book Value (BV) ( Riyal) (Latest announcement) 26.20
Adjusted P/E (Last12) 22.39
Price/book 1.09
Dividend Yield (%) (Last Year) 5.27
Return on Average Assets (%) (TTM) 4.50
Return on Average Equity (%) (TTM) 5.46
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M) 2,835.28
Ratios


Analyst Estimates :

35

Fair Average Price

2

Number of Recommendations

Rating Research firm Current Price Target Price Change
Neutral Sico 32.40 36.00 11.11 %
Hold United Securities Company 32.25 34.00 5.43 %
Estimates

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