Americana finishes at lowest price since debut

06/10/2024 Argaam Exclusive

Shares of Americana Restaurants International Plc, listed on the Saudi Exchange (Tadawul) and Abu Dhabi Securities Exchange (ADX), fell 1% today, Oct. 6, closing at the lowest price since listing on Tadawul at SAR 2.58.

 

On Tadawul, about 11.5 million changed hands during today’s trading, with the stock hitting an intraday low of SAR 2.51.

 

While ADX is closed today, the stock closed Friday’s session at AED 2.54 (-1%).

Highest per Year (Riyal) Lowest per Year (Riyal)
4.19 2.51
Highest since listing (Riyal) Lowest since listing (Riyal)
4.65 2.51
With today's slump, the stock has lost nearly 20% year-to-date (YTD).

Market Data :

Open 2.61
Low 2.51
High 2.62
Previous Close 2.61
Change (3M) (18.61 %)
Change (6M) (25.00 %)
Market Value 21,732.97
Avg. Volume (3M) 10,464,748.66
Avg. Turnover (3M) 29,091,101.60
Avg. Transaction (3M) 4,176.00
Change(12M) (38.42 %)
YTD (20.12 %)

Americana has made no changes to its capital since listing on Tadawul in December 2022, as shown below:

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2022 IPO   631.77 0.00%

Financial Performance :

Overview :

The company was established in the Abu Dhabi Global Market (ADGM) as a private company in 2022, under the name “Americana Restaurants LTD”. Its core activities are restaurants management, proprietary investment, and executing activities of head office, by operating international brands such as KFC, Pizza Hut, Hardee's, Krispy Kreme and others. The company offers its services in various markets including UAE, KSA, Kuwait, Egypt, Qatar and other markets. It also oversees and manag...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 21,732.97
Shares Outstanding ((M)) 8,423.63
EPS ( Halala) 8.67
Book Value (BV) ( Riyal) (Latest announcement) 0.15
Adjusted P/E (Last12) 29.77
Price/book 17.37
Dividend Yield (%) (Last Year) 3.10
Return on Average Assets (%) (TTM) 13.73
Return on Average Equity (%) (TTM) 59.03
Par Value ( Halala) 7.50
Enterprise Value (EV) (M) 20,804.70


Analyst Estimates :

3.44

Fair Average Price

2

Number of Recommendations

Rating Research firm Current Price Target Price Change
Overweight GIB Capital 2.73 3.30 20.88 %
Overweight SNB Capital 3.09 3.57 15.53 %

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.