Care closes at highest level since 2013

04/12/2023 Argaam Exclusive

National Medical Care Co.’s (Care) stock rose today, Dec. 4, by 7% to SAR 151.40, notching its highest close since 2013 on the Saudi Exchange (Tadawul).

 

Nearly 512,000 shares were traded.

 

Care hit an intraday high of SAR 154.80.

Highest per Year (Riyal) Lowest per Year (Riyal)
154.80 67.20
Highest since listing (Riyal) Lowest since listing (Riyal)
200.00 31.70

This increase took the year-to-date gains to more than 90%.

Market Data :

Open 199.20
Low 195.60
High 200.40
Previous Close 199.20
Change (3M) 12.53 %
Change (6M) (5.87 %)
Market Value 8,781.63
Avg. Volume (3M) 97,050.52
Avg. Turnover (3M) 19,768,611.18
Avg. Transaction (3M) 1,848.68
Change(12M) 61.02 %
YTD 12.27 %

The company's capital has remained unchanged since its listing on March 13, 2013.

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2013 IPO   448.50 17.72%

Financial Performance :

Overview :

The National Medical Care Company (CARE) was set up in 2003 as a closed joint-stock company with a capital of SAR 300 million. The company is owned by Saudi Arabia’s General Organization for Social Insurance (GOSI) and private investors. It is currently operating two hospitals: the Riyadh Care Hospital and the National Hospital.


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 8,781.63
Shares Outstanding ((M)) 44.85
EPS ( Riyal) (TTM) 6.41
Book Value (BV) ( Riyal) (Latest announcement) 33.61
Adjusted P/E (Last12) 33.95
Price/book 5.82
Dividend Yield (%) (Last Year) 1.02
Return on Average Assets (%) (TTM) 14.20
Return on Average Equity (%) (TTM) 20.33
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M) 8,671.90


Analyst Estimates :

140

Fair Average Price

2

Number of Recommendations

Rating Research firm Current Price Target Price Change
Neutral Al Rajhi Capital 140.00 143.00 2.14 %
Overweight Al Rajhi Capital 119.00 137.00 15.13 %

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