Al Othaim at highest close since listing

25/04/2023 Argaam Special

Al Othaim at highest close since listing

Logo of Abdullah Al Othaim Markets Co.


Abdullah Al Othaim Markets Co.’s shares closed today, April 25, 6% higher at SAR 144.40 — the highest level since debut with a trading volume of nearly 427,000 shares.

 

It hit an intraday high of SAR 149.80.

 

The company’s board of directors proposed splitting the stock's nominal value from SAR 10 to SAR 1 per share, bringing the total shares from 90 million to 900 million.

 

Established in 1980, Al Othaim listed on the Saudi Exchange (Tadawul) in July 2008.

 

The company operates in wholesale and retail stores, investing in food and non-food products, fish, meat and household items.

 

Stock Performance

Annual High (SAR)

149.80

Today, April 25, 2023

Annual Low (SAR)

95.00

June 23, 2022

Historical High (SAR)

149.80

Today, April 25, 2023

Historical Low (SAR)

5.98

October 12, 2008

Highest Trading Volume (mln shares)

57.42

July 14, 2008 (debut)

*Changes to the stock since listing have been taken into account.

 

The following table shows the company’s key financial indicators:

 

Key Financial Indicators

Earnings Per Share (last 12 months) (SAR)

11.99

Operating P/E (last 12 months) (x)

36.10

Book Value (SAR)

15.64

P/B Ratio (x)

9.23

 

Capital Changes (SAR mln)

Date

Method

Previous Capital

New Capital

Change

2018

Bonus issue

450

900

100%

2014

Bonus issue

225

450

100%

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