Alkhorayef hits highest close since debut

28/12/2023 Argaam Exclusive

Shares of Alkhorayef Water and Power Technologies Co. (AWPT) rose today, Dec. 28, by more than 4% to close at the highest level since debuting on the Saudi Exchange (Tadawul) at SAR 194 each, with over 200,000 shares traded.

 

The stock hit an intraday high of SAR 197.8.

Highest per Year (Riyal) Lowest per Year (Riyal)
141.23 88.54
Highest since listing (Riyal) Lowest since listing (Riyal)
141.23 59.12

Accordingly, AWPT’s shares gained over 20% since the beginning of the month, and more than 30% year-to-date.

Market Data :

Open 183.80
Low 182.40
High 188.00
Previous Close 184.00
Change (3M) 15.59 %
Change (6M) 24.08 %
Market Value 6,580.00
Avg. Volume (3M) 105,908.13
Avg. Turnover (3M) 18,457,673.85
Avg. Transaction (3M) 2,223.10
Change(12M) 65.60 %
YTD 36.00 %

The company has not adjusted its capital since its listing on Tadawul in 2021.

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2024 Split   350.00 40.00%
2021 IPO   250.00 0.00%

Financial Performance :

Overview :

In 1985, the company started as a business unit of Abdullah Ibrahim Alkhorayef. In 1991, it was set up in Riyadh as a limited liability company with a capital of SAR 5 million. The company operates through three sectors. The water sector, which includes water extraction and treatment, and the construction of various water networks. The wastewater sector, which includes wastewater treatment and the construction of wastewater networks. The integrated water solutions sector, which provides flood...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 6,580.00
Shares Outstanding ((M)) 35.00
EPS ( Riyal) (TTM) 4.30
Book Value (BV) ( Riyal) (Latest announcement) 16.59
Adjusted P/E (Last12) 40.52
Price/book 11.33
Dividend Yield (%) (Last Year) 1.14
Return on Average Assets (%) (TTM) 9.32
Return on Average Equity (%) (TTM) 29.74
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M) 7,016.05


Analyst Estimates :

124.24

Fair Average Price

1

Number of Recommendations

Rating Research firm Current Price Target Price Change
Overweight AlJazira Capital 108.96 124.24 14.02 %

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