2P closes at all-time high

11/01/2024 Argaam Exclusive

Shares of Perfect Presentation for Commercial Services Co. (2P) rose today, Jan. 11, by 10% to close at a lifetime high of SAR 27.30.

Year High (SAR) Year Low (SAR)
13.65 8.05
Highest Since Debut (SAR) Lowest Since Debut (SAR)
13.65 6.89

The stock is currently trading 6% higher, with over three million shares traded so far.

 

Market Data :

Open 14.02
Low 13.86
High 14.06
Previous Close 14.00
Change (3M) (12.27 %)
Change (6M) (5.11 %)
Market Value 4,206.00
Avg. Volume (3M) 1,093,187.34
Avg. Turnover (3M) 16,622,139.72
Avg. Transaction (3M) 2,116.49
Change(12M) 26.42 %
YTD 14.26 %

The company has not made any changes to its capital but reduced the stock’s nominal value from SAR 10 to SAR 1.

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2024 Split   300.00 100.00%
2022 IPO   150.00 0.00%

2P signed an open-ended framework agreement to provide administrative, strategic, technical, and legal consulting services for the Ministry of Investment with an annual cap of SAR 500 million.

Financial Performance :

Overview :

The company was established in 2003 as a sole proprietorship under the name “Perfect Presentation Office for Commercial Services” owned by Nasser Abdullah Mohamed Albassam, with a capital of SAR 25,000. Its capital was increased gradually through capitalizing statutory reserve and retained earnings. The company started its business through the establishment and development of the “TARASUL” system, which provides educational and entertainment content services, then it exp...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 4,206.00
Shares Outstanding ((M)) 300.00
EPS ( Riyal) (TTM) 0.56
Book Value (BV) ( Riyal) (Latest announcement) 1.68
Adjusted P/E (Last12) 29.97
Price/book 8.33
Dividend Yield (%) (Last Year) 0.25
Return on Average Assets (%) (TTM) 14.62
Return on Average Equity (%) (TTM) 39.25
Par Value ( Riyal) 1.00
Enterprise Value (EV) (M) 4,567.76


Analyst Estimates :

13

Fair Average Price

1

Number of Recommendations

Rating Research firm Current Price Target Price Change
Overweight AlJazira Capital 11.29 13.00 15.15 %

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