Almunajem hits all-time high

30/01/2024 Argaam Exclusive

Shares of Almunajem Foods Co., listed under the consumer staples distribution and retail sector, rose today, Jan. 30, to SAR 81, recording their highest price since debut on the Saudi Exchange (Tadawul).

The stock is currently trading up 3%, with around two million shares traded so far.

Market Data :

Open 99.20
Low 97.00
High 99.30
Previous Close 99.20
Change (3M) (6.55 %)
Change (6M) (9.68 %)
Market Value 5,820.00
Avg. Volume (3M) 250,043.95
Avg. Turnover (3M) 28,394,341.94
Avg. Transaction (3M) 1,952.94
Change(12M) 44.35 %
YTD 31.61 %

Almunajem has not made any changes to its capital since listing in December 2021, as indicated below:

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2021 IPO   600.00 0.00%

Financial Performance :

Overview :

The company was formed as a sole proprietorship in 1950, by Abdullah Ali Almunajem in Riyadh. In 2007, and following the demise of the founder, the firm was converted into a Saudi limited liability company under the name “Almunajem Cold Stores Company”, with capital of SAR 150 million. In 2021, it was converted into a closed joint-stock company and its name was changed to “Almunajem Foods Co.”. The firm imports, markets and distributes frozen, chilled, and dry foods in Sa...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 5,820.00
Shares Outstanding ((M)) 60.00
EPS ( Riyal) (TTM) 5.00
Book Value (BV) ( Riyal) (Latest announcement) 17.85
Adjusted P/E (Last12) 19.40
Price/book 5.43
Dividend Yield (%) (Last Year) 3.35
Return on Average Assets (%) (TTM) 18.37
Return on Average Equity (%) (TTM) 29.45
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M) 5,843.52


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