Tadawul Group logs highest close in over a year

04/01/2024 Argaam Exclusive

Saudi Tadawul Group Holding Co.’s (Tadawul Group) stock rose 10% today, Jan. 4, to end at SAR 216.60, notching its highest close in more than a year. Nearly 1.8 million shares changed hands. 

The TASI-listed stock is trading 10% up, as nearly two million shares changed hands.

Market Data :

Open 224.20
Low 221.60
High 224.60
Previous Close 223.60
Change (3M) (7.00 %)
Change (6M) (5.74 %)
Market Value 26,784.00
Avg. Volume (3M) 133,867.45
Avg. Turnover (3M) 31,493,244.58
Avg. Transaction (3M) 2,102.25
Change(12M) 23.86 %
YTD 19.49 %

The company has not adjusted its capital since its listing on Tadawul on Dec. 8, 2021, as shown below:

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2021 IPO   1,200.00 42.86%

Financial Performance :

Overview :

Saudi Tadawul Group Holding Company was set up in 2007 as a Saudi closed joint stock company, with capital of SAR 1.2 billion in Riyadh. The company was wholly owned by Public Investment Fund (PIF), and it is considered the sole and exclusive entity authorized to act as a securities exchange market in the Kingdom. The company’s principal activities are managing and supporting subsidiaries or participating in the management of other companies, in which it owns shares. In addition, the comp...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 26,784.00
Shares Outstanding ((M)) 120.00
EPS ( Riyal) (TTM) 4.98
Book Value (BV) ( Riyal) (Latest announcement) 28.07
Adjusted P/E (Last12) 44.83
Price/book 7.95
Dividend Yield (%) (Last Year) 1.03
Return on Average Assets (%) (TTM) 6.99
Return on Average Equity (%) (TTM) 18.54
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M) 23,553.21


Analyst Estimates :

175

Fair Average Price

1

Number of Recommendations

Rating Research firm Current Price Target Price Change
Neutral Al Rajhi Capital 181.40 175.00 (3.53 %)

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.