Electrical Industries hits highest close since debut

04/07/2024 Argaam Exclusive

Shares of Electrical Industries Co. rose 2% today, July 4, to SAR 6.64 apiece, hitting the highest close since listing on the Saudi Exchange (Tadawul).

 

The stock posted an intraday high of SAR 6.80.

Highest per Year (Riyal) Lowest per Year (Riyal)
6.80 1.65
Highest since listing (Riyal) Lowest since listing (Riyal)
6.80 0.46

Accordingly, the stock’s gains amounted to about 130% year to date (YTD).

Market Data :

Open 6.36
Low 6.31
High 6.65
Previous Close 6.36
Change (3M) 46.46 %
Change (6M) 95.28 %
Market Value 7,447.50
Avg. Volume (3M) 8,555,414.73
Avg. Turnover (3M) 49,726,419.02
Avg. Transaction (3M) 6,476.38
Change(12M) 255.91 %
YTD 133.10 %

The company reduced the stock par value in October 2023, with the price being amended to SAR 2.05. Since then, the stock price has soared nearly 225%.

 

Electrical Industries also modified its capital once in 2023 via a bonus share distribution.

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2023 Split   562.50 25.00%
2014 IPO   450.00 0.00%

Financial Performance :



Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 7,447.50
Shares Outstanding ((M)) 1,125.00
EPS ( Halala) 21.43
Book Value (BV) ( Riyal) (Latest announcement) 0.65
Adjusted P/E (Last12) 29.65
Price/book 10.14
Dividend Yield (%) (Last Year) 2.27
Return on Average Assets (%) (TTM) 13.03
Return on Average Equity (%) (TTM) 34.41
Par Value ( Halala) 50.00
Enterprise Value (EV) (M) 7,639.46


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