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.

Highest per Year (Riyal) Lowest per Year (Riyal)
1170.00 671.80
Highest since listing (Riyal) Lowest since listing (Riyal)
1170.00 140.80

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

Market Data :

Open 1,123.40
Low 1,115.00
High 1,170.00
Previous Close 1,123.40
Change (3M) 36.23 %
Change (6M) 21.31 %
Market Value 93,072.00
Avg. Volume (3M) 70,056.80
Avg. Turnover (3M) 67,707,492.45
Avg. Transaction (3M) 3,739.65
Change(12M) 49.15 %
YTD 42.75 %

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) 93,072.00
Shares Outstanding ((M)) 80.00
EPS ( Riyal) (TTM) 18.65
Book Value (BV) ( Riyal) (Latest announcement) 56.82
Adjusted P/E (Last12) 62.38
Price/book 20.47
Dividend Yield (%) (Last Year) 0.60
Return on Average Assets (%) (TTM) 18.69
Return on Average Equity (%) (TTM) 36.99
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M) 89,846.91


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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