Al-Babtain closes at two-year high

19/11/2023 Argaam Exclusive

Al-Babtain Power and Telecommunication Co.’s stock ended 3% higher today, Nov. 19, at SAR 22.96, notching the highest close since January 2022, with nearly 620,000 shares traded.

 

Al-Babtain hit an intraday high of SAR 23.

Highest per Year (Riyal) Lowest per Year (Riyal)
23.00 13.56
Highest since listing (Riyal) Lowest since listing (Riyal)
66.11 11.67

Today's increase brought the stock’s year-to-date gains to 50%, and 60% since the start of the year.

Market Data :

Open 44.05
Low 43.90
High 45.60
Previous Close 44.30
Change (3M) 14.43 %
Change (6M) 38.60 %
Market Value 2,916.12
Avg. Volume (3M) 712,260.27
Avg. Turnover (3M) 27,067,498.23
Avg. Transaction (3M) 3,024.93
Change(12M) 126.89 %
YTD 65.82 %

Al-Babtain 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 (%)
2023 Split   639.47 50.00%
2011 Private Offering   426.31 5.26%
2009 Split   405.00 50.00%
2006 IPO   270.00 0.00%

Financial Performance :

Overview :

The company was established as a limited liability company in 1955 in Riyadh. Its core activities include designing and manufacturing lighting poles, high masts of stadium, playgrounds and streets, communication and power transmission towers, and steel structures.


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 2,916.12
Shares Outstanding ((M)) 63.95
EPS ( Riyal) (TTM) 3.50
Book Value (BV) ( Riyal) (Latest announcement) 15.34
Adjusted P/E (Last12) 13.45
Price/book 2.97
Dividend Yield (%) (Last Year) 2.19
Return on Average Assets (%) (TTM) 7.94
Return on Average Equity (%) (TTM) 24.81
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M) 3,910.29


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