Tihama plummets to lowest close since June 2020

13/11/2023 Argaam Exclusive

Tihama Advertising and Public Relations Co.’s stock dropped by 2% today, Nov. 13, to SAR 16.30, hitting the lowest close since June 2020, as nearly 442,000 shares changed hands.

Year High (SAR) Year Low (SAR)
29.30 16.00
Highest Since Debut (SAR) Lowest Since Debut (SAR)
498.10 7.90

Today’s decline brought the stock’s losses to more than 40% in a year.

Market Data :

Open 15.14
Low 15.10
High 15.36
Previous Close 15.12
Change (3M) (4.36 %)
Change (6M) (6.00 %)
Market Value 613.60
Avg. Volume (3M) n/a
Avg. Turnover (3M) n/a
Avg. Transaction (3M) n/a
Change(12M) (13.24 %)
YTD (8.58 %)

The company adjusted its capital several times since listing on the main market (TASI).

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2023 Right Issue   400.00 700.00%
2022 Reduction   50.00 (71.43%)
2020 Right Issue   175.00 133.33%
2017 Reduction   75.00 (50.00%)
2011 Right Issue   Cancelled 225.00 50.00%
1994 Private Offering   150.00 50.00%

Financial Performance :

Overview :

The company was established in 1974 as a limited liability company. In 1983, it was converted into a Saudi joint-stock company. It operates via four key business segments: advertising, bookstore and retail, education, and production. The company is engaged in commercial advertising, public relations, marketing, publishing and distribution. It carries out its activities through its headquarters in Riyadh and its network of branches and subsidiaries across the Kingdom and through its investments i...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 613.60
Shares Outstanding ((M)) 40.00
EPS ( Riyal) (TTM) (1.15 )
Book Value (BV) ( Riyal) (Latest announcement) 5.37
Adjusted P/E (Last12) Neg
Price/book 2.86
Dividend Yield (%) (Last Year) 0.00
Return on Average Assets (%) (TTM) (15.63 )
Return on Average Equity (%) (TTM) (61.62 )
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M) 324.30


Comments {{getCommentCount()}}

Be the first to comment

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