Alsaif Gallery ends at all-time low

11/10/2023 Argaam Exclusive

Shares of AlSaif Stores for Development and Investment Co. (Alsaif Gallery) slumped by 3% today, Oct. 11, to SAR 7.62 each, recording the lowest close since listing, as about 1.03 million shares exchanged hands. 

Highest per Year (Riyal) Lowest per Year (Riyal)
11.30 7.59
Highest since listing (Riyal) Lowest since listing (Riyal)
11.30 7.59

The stock is down 1% today, with around 135,000 shares traded so far.

 

Today's decline brought Alsaif Gallery’s losses compared to the adjusted listing price post-stock split to 34%. 

Market Data :

Open 8.08
Low 8.07
High 8.18
Previous Close 8.23
Change (3M) (11.41 %)
Change (6M) (31.19 %)
Market Value 2,852.50
Avg. Volume (3M) 1,095,372.83
Avg. Turnover (3M) 9,310,452.52
Avg. Transaction (3M) 1,387.45
Change(12M) 0.49 %
YTD (6.58 %)

Alsaif Gallery recently reduced the par value of its stock from SAR 10 to SAR 1 per share. The company did not change its capital since listing on the main market (TASI).

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2022 IPO   350.00 0.00%

Financial Performance :

Overview :

The company was incorporated in 1993 as a sole proprietorship owned by Suleiman bin Muhammad Alsaif, in Riyadh. The company started its operations in the retail sale and wholesale of home appliances, household utensils, as well as home, office and medical furniture, antiques, gifts and plastics. The company is also involved in the wholesale and retail sale of toiletries, perfumes, cosmetics, women’s accessories, belts and bags.


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 2,852.50
Shares Outstanding ((M)) 350.00
EPS ( Riyal) (TTM) 0.17
Book Value (BV) ( Riyal) (Latest announcement) 1.23
Adjusted P/E (Last12) 48.57
Price/book 6.65
Dividend Yield (%) (Last Year) 2.45
Return on Average Assets (%) (TTM) 7.47
Return on Average Equity (%) (TTM) 13.49
Par Value ( Riyal) 1.00
Enterprise Value (EV) (M) 3,006.78


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