Lumi closes at highest level since debut

14/03/2024 Argaam Exclusive

Shares of Lumi Rental Co. climbed by less than 1% today, March 14, to stand at SAR 122 — the highest close since listing on the Saudi Exchange (Tadawul).

 

The stock hit an intraday high of SAR 125.

Highest per Year (Riyal) Lowest per Year (Riyal)
125.00 72.60
Highest since listing (Riyal) Lowest since listing (Riyal)
125.00 72.60

Compared to the listing price of SAR 66, the stock’s gains amounted to nearly 85%.

Market Data :

Open 80.80
Low 80.00
High 81.60
Previous Close 81.90
Change (3M) (11.65 %)
Change (6M) (10.00 %)
Market Value 4,400.00
Avg. Volume (3M) 220,488.17
Avg. Turnover (3M) 18,797,315.77
Avg. Transaction (3M) 1,755.83
Change(12M) (10.39 %)
YTD (18.10 %)

Lumi made no changes on capital since listing shares on Tadawul on Sept. 25, 2023.

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2023 IPO   550.00 0.00%

Financial Performance :

Overview :

The company was initially established in 2006 as a branch of a sole proprietorship under the name “Al Tayyar Establishment for Car Rentals”. In 2007, it was converted into a limited liability company under the name “Al Tayyar for Car Rentals Limited”, with capital SAR of 1 million. In 2020, it was converted into a closed joint-stock company, with capital of SAR 550 million. The company operates via three segments, car leasing segment, which includes providing long-term ca...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 4,411.00
Shares Outstanding ((M)) 55.00
EPS ( Riyal) (TTM) 2.75
Book Value (BV) ( Riyal) (Latest announcement) 20.37
Adjusted P/E (Last12) 25.09
Price/book 3.94
Dividend Yield (%) (Last Year) -
Return on Average Assets (%) (TTM) 5.42
Return on Average Equity (%) (TTM) 14.66
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M) 6,234.04


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