Tadawul Group hits highest close since debut

28/02/2024 Argaam Exclusive

Shares of Saudi Tadawul Group Holding Co. (Tadawul Group) rose 2% today, Feb. 28, to close at the highest level since debuting on the Saudi Exchange (Tadawul) at SAR 244.40, with over 500,000 shares traded.

Highest per Year (Riyal) Lowest per Year (Riyal)
248.20 134.80
Highest since listing (Riyal) Lowest since listing (Riyal)
248.20 115.40

The stock hit an intraday high of SAR 248.20.

 

Following today’s gain, the stock has added more than 70% year to date.

Market Data :

Open 234.00
Low 231.40
High 235.20
Previous Close 236.40
Change (3M) (0.67 %)
Change (6M) (11.79 %)
Market Value 27,816.00
Avg. Volume (3M) 137,989.63
Avg. Turnover (3M) 32,142,350.77
Avg. Transaction (3M) 2,202.85
Change(12M) 23.51 %
YTD 26.55 %

The company has not made any amendments to its capital, which amounts to SAR 1.2 billion, since its listing in the Saudi market on Dec. 8, 2021.

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) 27,840.00
Shares Outstanding ((M)) 120.00
EPS ( Riyal) (TTM) 4.66
Book Value (BV) ( Riyal) (Latest announcement) 26.94
Adjusted P/E (Last12) 49.77
Price/book 8.61
Dividend Yield (%) (Last Year) 0.99
Return on Average Assets (%) (TTM) 6.62
Return on Average Equity (%) (TTM) 18.16
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M) 25,570.29


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.