Retal shares notch all-time high

03/09/2024 Argaam Exclusive

Shares of Retal Urban Development Co. gained 2% today, Sept. 3, recording the highest close since its debut on the Saudi Exchange (Tadawul) at SAR 13.68 per share.

 

The stock posted an intraday high of SAR 13.76.

Year High (SAR) Year Low (SAR)
13.76 7.85
Highest Since Debut (SAR) Lowest Since Debut (SAR)
13.76 7.85

Accordingly, the stock’s year-to-date gains reached more than 55%.

Market Data :

Open 15.50
Low 15.50
High 16.92
Previous Close 15.50
Change (3M) 24.81 %
Change (6M) 69.58 %
Market Value 8,250.00
Avg. Volume (3M) 1,600,785.45
Avg. Turnover (3M) 23,235,474.95
Avg. Transaction (3M) 2,697.66
Change(12M) 106.25 %
YTD 93.66 %

Retal opted for a stock split in 2023, lowering the par value of its shares from SAR 10 to SAR 1.

 

Furthermore, the company raised its capital once via issuing 25% bonus shares, as detailed in the table below:

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2023 Split   500.00 25.00%

Financial Performance :

Overview :

Retal Urban Development Co. was established in 2012 as a limited liability company in Al Khobar, with capital of SAR 500,000. The company’s core activities include the construction of residential and commercial projects, real estate activities and administrative and supportive services.


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 8,250.00
Shares Outstanding ((M)) 500.00
EPS ( Riyal) (TTM) 0.46
Book Value (BV) ( Riyal) (Latest announcement) 1.51
Adjusted P/E (Last12) 35.74
Price/book 10.93
Dividend Yield (%) (Last Year) 1.94
Return on Average Assets (%) (TTM) 6.33
Return on Average Equity (%) (TTM) 31.99
Par Value ( Riyal) 1.00
Enterprise Value (EV) (M) 8,762.40


Analyst Estimates :

14

Fair Average Price

1

Number of Recommendations

Rating Research firm Current Price Target Price Change
Neutral GIB Capital 13.12 14.00 6.71 %

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