Bahri hits highest price since 2006

13/08/2024 Argaam Exclusive

Shares of National Shipping Company of Saudi Arabia (Bahri) rose today, Aug. 13, to SAR 30.40, recording their highest price since 2006.
 
The stock finished 1% higher at SAR 29.75 as roughly 1.4 million shares changed hands.
Highest per Year (Riyal) Lowest per Year (Riyal)
30.40 21.36
Highest since listing (Riyal) Lowest since listing (Riyal)
57.12 1.76

Following today’s gain, the stock added more than 30% year to date.

Market Data :

Open 29.25
Low 29.00
High 29.45
Previous Close 29.60
Change (3M) 12.12 %
Change (6M) 10.86 %
Market Value 21,483.95
Avg. Volume (3M) 613,532.82
Avg. Turnover (3M) 17,720,738.55
Avg. Transaction (3M) 1,067.60
Change(12M) 25.00 %
YTD 34.18 %

The company made several capital adjustments since its listing on Saudi Exchange (Tadawul), as shown in the table below:

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2023 Split   7,382.81 50.00%
2022 Split   4,921.88 25.00%
2014 Private Offering   3,937.50 25.00%
2007 Right Issue   3,150.00 40.00%
2006 Split   2,250.00 12.50%

Financial Performance :

Overview :

National Shipping Company of Saudi Arabia (Bahri) was set up as a Saudi joint stock company in 1978 by a Royal Decree as the first national transportation company with a capital of SAR 500 million in Riyadh. The company operates through four sectors: operating vessels, crude and refined oil transportation, chemical transportation, and dry bulk and breakbulk transportation. The main business activities of the company and its subsidiaries span the purchase, sale and operation of ships and vessels...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 21,447.03
Shares Outstanding ((M)) 738.28
EPS ( Riyal) (TTM) 2.45
Book Value (BV) ( Riyal) (Latest announcement) 17.11
Adjusted P/E (Last12) 14.47
Price/book 1.70
Dividend Yield (%) (Last Year) 1.89
Return on Average Assets (%) (TTM) 7.39
Return on Average Equity (%) (TTM) 15.19
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M) 26,897.97


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