Shares of Elm end at all-time high

30/09/2024 Argaam Exclusive

Shares of Elm Co. rose 4% today, Sept. 30, finishing at an all-time high of SAR 1,163.40 apiece, with about 141,200 shares traded.

 

The stock posted an intraday high of SAR 1,170.

Accordingly, year-to-date gains reached nearly 40%.

Market Data :

Open 1,100.00
Low 1,062.20
High 1,100.00
Previous Close 1,100.00
Change (3M) 4.53 %
Change (6M) 26.09 %
Market Value 84,976.00
Avg. Volume (3M) 69,490.95
Avg. Turnover (3M) 74,369,044.02
Avg. Transaction (3M) 4,008.52
Change(12M) 45.91 %
YTD 30.33 %

The company made no capital adjustments since listing in February 2022.

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2022 IPO   800.00 0.00%

Financial Performance :

Overview :

The company was established in 1988 as a limited liability company, under the name “Elm for Research and Development”, with capital of SAR 500,000. The company’s core activities include providing telecommunications, information technology, information security, e-business, and credit information sharing services. It also provides e-connectivity services between the public and private sectors, in addition to managing, equipping, operating, and maintaining data and information ce...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 84,976.00
Shares Outstanding ((M)) 80.00
EPS ( Riyal) (TTM) 20.70
Book Value (BV) ( Riyal) (Latest announcement) 59.79
Adjusted P/E (Last12) 51.31
Price/book 17.77
Dividend Yield (%) (Last Year) 0.66
Return on Average Assets (%) (TTM) 20.55
Return on Average Equity (%) (TTM) 39.36
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M) 82,237.53


Analyst Estimates :

984.5

Fair Average Price

4

Number of Recommendations

Rating Research firm Current Price Target Price Change
Neutral Riyad Capital 1005.00 965.00 (3.98 %)
Neutral AlJazira Capital 950.00 923.00 (2.84 %)
Overweight Al Rajhi Capital 890.20 1100.00 23.57 %
Neutral Citi Bank Group 846.40 950.00 12.24 %

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