FIPCO hits highest level since February 2022

10/10/2023 Argaam Exclusive

Shares of Filing and Packing Materials Manufacturing Co. (FIPCO) hit today, Oct. 10, their highest level since February 2022, after reaching SAR 56.90.

Highest per Year (Riyal) Lowest per Year (Riyal)
56.90 32.50
Highest since listing (Riyal) Lowest since listing (Riyal)
256.94 8.73
Chart

The stock closed at SAR 53.40, up 1%, the highest close since April 2022, with nearly 2.5 million shares traded.

 

Accordingly, the stock gained almost 53% year-to-date and 17% over the last three months.

Market Data :

Open 52.20
Low 51.30
High 52.20
Previous Close 51.90
Change (3M) (8.45 %)
Change (6M) (3.70 %)
Market Value 598.00
Avg. Volume (3M) 175,538.10
Avg. Turnover (3M) 9,145,627.32
Avg. Transaction (3M) 835.48
Change(12M) 19.27 %
YTD (5.11 %)
Overview

FIPCO has amended its capital several times since its listing on the Saudi Exchange (Tadawul) as follows:

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2022 Right Issue   Cancelled 230.00 100.00%
2015 Split   Cancelled 161.00 40.00%
2009 Split   115.00 67.27%
Company Action

Financial Performance :

Financial Statements

Overview :

Filing and Packing Materials Manufacturing Co. (FIPCO) was formed in 1991 as a Saudi joint stock company in Riyadh. The company’s core activity includes producing polypropylene woven bags in two types, bags lined with polyethylene and the unlined bags for heavy duty uses. It also produces large-sized bags, stripping bands and straps, cable fillers, plastic threads, as well as polypropylene woven rolls, polyethylene lining, cement valve bags, and plastic recycling. FIPCO markets its produc...
Profile


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 598.00
Shares Outstanding ((M)) 11.50
EPS ( Riyal) (TTM) 1.12
Book Value (BV) ( Riyal) (Latest announcement) 12.67
Adjusted P/E (Last12) 46.54
Price/book 4.10
Dividend Yield (%) (Last Year) 0.96
Return on Average Assets (%) (TTM) 4.32
Return on Average Equity (%) (TTM) 9.20
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M) 644.29
Ratios


Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.