Aldrees closes at all-time high

19/12/2023 Argaam Exclusive

Aldrees Petroleum and Transport Services Co.’s (Aldrees) rose more than 3% today, Dec. 19, reaching SAR 143 apiece — the highest close since the stock’s debut on the Saudi Exchange (Tadawul).  

Highest per Year (Riyal) Lowest per Year (Riyal)
109.54 52.75
Highest since listing (Riyal) Lowest since listing (Riyal)
109.54 4.40

The stock hit an intraday high at SAR 146, with a total of 706,500 shares traded.

 

The stock recorded year-to-date gains exceeding 90% and is up 10% since the beginning of this month.

Market Data :

Open 123.60
Low 122.80
High 126.80
Previous Close 123.80
Change (3M) 11.15 %
Change (6M) (6.38 %)
Market Value 12,560.00
Avg. Volume (3M) 402,701.05
Avg. Turnover (3M) 47,168,845.13
Avg. Transaction (3M) 3,283.40
Change(12M) 39.50 %
YTD (5.64 %)

Aldrees made several capital adjustments since its listing on Tadawul.

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2024 Split   1,000.00 33.33%
2021 Split   750.00 25.00%
2019 Split   600.00 20.00%
2017 Split   500.00 25.00%
2014 Split   400.00 33.33%
2012 Split   300.00 20.00%
2008 Split   250.00 25.00%
2006 IPO   200.00 0.00%

Financial Performance :

Overview :

Aldrees Petroleum and Transport Services Co. (ALDREES) was set up as a Saudi limited partnership company in 1962 in Riyadh, under the name “Mohammad Saad Aldrees and Sons Company”. The company’s main activities are petroleum services, transport service through wholesale and retail trading of fuel, oils and lubricants, in addition to the transportation of goods. The company also operates vehicle workshops to provide a full maintenance service to its fleet


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 12,560.00
Shares Outstanding ((M)) 100.00
EPS ( Riyal) (TTM) 3.00
Book Value (BV) ( Riyal) (Latest announcement) 13.08
Adjusted P/E (Last12) 41.88
Price/book 9.60
Dividend Yield (%) (Last Year) 0.60
Return on Average Assets (%) (TTM) 3.82
Return on Average Equity (%) (TTM) 24.91
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M) 12,872.39


Analyst Estimates :

75.03

Fair Average Price

1

Number of Recommendations

Rating Research firm Current Price Target Price Change
Neutral Al Rajhi Capital 84.18 75.03 (10.87 %)

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