Americana closes at lowest price since December 2022

12/02/2024 Argaam Exclusive

 

Americana Restaurants International Plc.'s stock plunged by 2% today, Feb. 12, to end at SAR 2.99, recording the lowest close since December 2022, with about 54 million shares traded.

 

The stock hit an intraday low of SAR 2.96.

 

Year High (SAR) Year Low (SAR)
4.65 2.96
Highest Since Debut (SAR) Lowest Since Debut (SAR)
4.65 2.63

Compared to the highest price since listing in September 2023, Americana’s losses reached about 36%.

Market Data :

Open 2.32
Low 2.28
High 2.33
Previous Close 2.32
Change (3M) (20.00 %)
Change (6M) (30.06 %)
Market Value 19,205.88
Avg. Volume (3M) 13,435,693.62
Avg. Turnover (3M) 34,218,761.80
Avg. Transaction (3M) 4,578.83
Change(12M) (34.29 %)
YTD (29.41 %)

Americana’s dual listing on the Saudi and UAE markets on Dec. 12, 2022, was the first of its kind in the Kingdom. The company has not made any changes to the capital since its debut.

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2022 IPO   631.77 0.00%

Financial Performance :

Overview :

The company was established in the Abu Dhabi Global Market (ADGM) as a private company in 2022, under the name “Americana Restaurants LTD”. Its core activities are restaurants management, proprietary investment, and executing activities of head office, by operating international brands such as KFC, Pizza Hut, Hardee's, Krispy Kreme and others. The company offers its services in various markets including UAE, KSA, Kuwait, Egypt, Qatar and other markets. It also oversees and manag...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 19,205.88
Shares Outstanding ((M)) 8,423.63
EPS ( Halala) 6.68
Book Value (BV) ( Riyal) (Latest announcement) 0.16
Adjusted P/E (Last12) 34.11
Price/book 14.07
Dividend Yield (%) (Last Year) 3.50
Return on Average Assets (%) (TTM) 10.10
Return on Average Equity (%) (TTM) 39.00
Par Value ( Halala) 7.50
Enterprise Value (EV) (M) 18,236.73


Analyst Estimates :

4.46

Fair Average Price

2

Number of Recommendations

Rating Research firm Current Price Target Price Change
Buy United Securities Company 3.47 4.41 27.09 %
Overweight GIB Capital 3.50 4.50 28.57 %

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