Saudi Cement closes at lowest level since May 2020

25/04/2024 Argaam Exclusive

Saudi Cement Co.’s stock fell 3% today, April 25, to SAR 45.55, closing at its lowest level since May 2020.

 

As many as 270,000 shares traded.

 

The stock touched its lowest level today at SAR 45.30.

Year High (SAR) Year Low (SAR)
60.60 45.30
Highest Since Debut (SAR) Lowest Since Debut (SAR)
127.00 12.51

Accordingly, the stock’s year-to-date (YTD) losses reached 13%.

Market Data :

Open 41.05
Low 40.95
High 41.20
Previous Close 41.15
Change (3M) 0.37 %
Change (6M) (8.90 %)
Market Value 6,265.35
Avg. Volume (3M) 206,558.54
Avg. Turnover (3M) 8,414,140.45
Avg. Transaction (3M) 1,026.08
Change(12M) (22.59 %)
YTD (22.15 %)

The company amended its capital as follows since listing on the Tadawul:

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2010 Split   1,530.00 50.00%

Financial Performance :

Overview :

Saudi Cement Company (SCC) is the first producer of cement in the Eastern Province and the second in Saudi Arabia. SCC is the largest cement producer in KSA in terms of production capacity. The company started production through its plant in Al Hofuf with a production capacity that reached 300 tons daily. In 1981, the Company launched its second plant in Ain Dar with a production capacity of 6 thousand tons daily. The Company produces various cement types including; Ordinary Portland Cement (OP...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 6,265.35
Shares Outstanding ((M)) 153.00
EPS ( Riyal) (TTM) 2.65
Book Value (BV) ( Riyal) (Latest announcement) 13.83
Adjusted P/E (Last12) 15.47
Price/book 2.96
Dividend Yield (%) (Last Year) 6.11
Return on Average Assets (%) (TTM) 12.54
Return on Average Equity (%) (TTM) 19.34
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M) 6,689.45


Analyst Estimates :

52.2

Fair Average Price

5

Number of Recommendations

Rating Research firm Current Price Target Price Change
Neutral Sico 46.65 43.00 (7.82 %)
Hold United Securities Company 46.90 50.00 6.61 %
Aggregate U-Capital 46.70 63.00 34.90 %
Buy Riyad Capital 46.55 55.00 18.15 %
Neutral Al Rajhi Capital 48.70 50.00 2.67 %

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