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%).

Year High (SAR) Year Low (SAR)
4.19 2.51
Highest Since Debut (SAR) Lowest Since Debut (SAR)
4.65 2.51
Chart
With today's slump, the stock has lost nearly 20% year-to-date (YTD).

Market Data :

Open 2.32
Low 2.28
High 2.33
Previous Close 2.32
Change (3M) (20.00 %)
Change (6M) (30.06 %)
Market Value 19,205.88
Avg. Volume (3M) 13,435,693.62
Avg. Turnover (3M) 34,218,761.80
Avg. Transaction (3M) 4,578.83
Change(12M) (34.29 %)
YTD (29.41 %)
Overview

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%
Company Action

Financial Performance :

Financial Statements

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...
Profile


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 19,205.88
Shares Outstanding ((M)) 8,423.63
EPS ( Halala) 6.68
Book Value (BV) ( Riyal) (Latest announcement) 0.16
Adjusted P/E (Last12) 34.11
Price/book 14.07
Dividend Yield (%) (Last Year) 3.50
Return on Average Assets (%) (TTM) 10.10
Return on Average Equity (%) (TTM) 39.00
Par Value ( Halala) 7.50
Enterprise Value (EV) (M) 18,236.73
Ratios


Analyst Estimates :

3.28

Fair Average Price

8

Number of Recommendations

Rating Research firm Current Price Target Price Change
Neutral Hermes 2.74 2.30 (16.06 %)
Neutral Morgan Stanley International 2.67 2.90 8.61 %
Neutral JP Morgan 2.70 3.02 11.85 %
Buy Goldman Sachs 2.76 3.51 27.17 %
Overweight GIB Capital 2.73 3.30 20.88 %
Buy Citi Bank Group 3.10 4.10 32.26 %
Overweight SNB Capital 3.09 3.57 15.53 %
Buy Arqaam Capital 3.09 3.50 13.27 %
Estimates

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