SADAFCO hits highest close since debut

11/03/2024 Argaam Exclusive

Shares of Saudia Dairy and Foodstuff Co. (SADAFCO) closed today, March 11, at the highest level since debuting on the Saudi Exchange (Tadawul) after rising by 8% to SAR 435.

 

The stock hit an intraday high of SAR 439.

Highest per Year (Riyal) Lowest per Year (Riyal)
439.00 232.00
Highest since listing (Riyal) Lowest since listing (Riyal)
439.00 15.70

Following today’s gain, the stock has added more than 20% year to date.

Market Data :

Open 371.00
Low 370.20
High 373.00
Previous Close 375.00
Change (3M) 8.01 %
Change (6M) (1.26 %)
Market Value 11,947.00
Avg. Volume (3M) 32,399.11
Avg. Turnover (3M) 11,585,927.46
Avg. Transaction (3M) 1,082.40
Change(12M) 16.32 %
YTD 12.07 %

The company has not made any changes to its capital since listing in 2005.

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2005 IPO   325.00 0.00%

Financial Performance :

Overview :

The firm was established in 1976 in Jeddah as a limited liability company under the name “Danish Saudi Dairy Co.”, through a partnership between Saudi and Kuwaiti businessmen with Inch Turnkey Diaries. The company commenced commercial operations in 1977. In 1990, Gulf Danish Dairy Co. and Medina Danish Dairy Co. were merged into the company to form a new firm under the name “Saudia Dairy and Foodstuff Co. (SADAFCO)”. In 2000, it was converted into a Saudi joint-stock comp...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 12,064.00
Shares Outstanding ((M)) 32.50
EPS ( Riyal) (TTM) 14.56
Book Value (BV) ( Riyal) (Latest announcement) 54.53
Adjusted P/E (Last12) 24.66
Price/book 6.81
Dividend Yield (%) (Last Year) 3.26
Return on Average Assets (%) (TTM) 17.51
Return on Average Equity (%) (TTM) 26.77
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M) 11,468.85


Analyst Estimates :

380

Fair Average Price

2

Number of Recommendations

Rating Research firm Current Price Target Price Change
Neutral Al Rajhi Capital 374.00 375.00 0.27 %
Aggregate U-Capital 392.00 385.00 (1.79 %)

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