Shares of Al Hammadi fall to near two-year low

10/10/2024 Argaam Exclusive

Al Hammadi Holding Co.'s stock recorded, today Oct. 10, its lowest price in nearly two years at SAR 40.85.

 

The stock is currently down less than 1%, with nearly140,000 shares changed hands so far.

Accordingly, the year-to-date (YTD) losses reached 30%.

Market Data :

Open 40.10
Low 40.00
High 40.60
Previous Close 40.05
Change (3M) (13.24 %)
Change (6M) (21.44 %)
Market Value 6,448.00
Avg. Volume (3M) 635,948.89
Avg. Turnover (3M) 26,480,914.35
Avg. Transaction (3M) 2,269.09
Change(12M) (29.05 %)
YTD (32.15 %)

The company amended its capital several times since its listing on the Saudi Exchange (Tadawul) in 2014 as follows:

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2022 Split   1,600.00 33.33%
2015 Split   1,200.00 60.00%
2014 IPO   750.00 42.86%

Financial Performance :

Overview :

The company started its business in 1985, providing medical services through its own hospitals, clinics and pharmacies. The company offers its service in Riyadh through Al-Hamadi Hospital. It will launch two new hospitals, Al-Hammadi Hospital Al-Suwaidi at Al-Suwaidi District and Al-Hammadi Hospital-Al Nuzha at Al-Nuzha district (Under construction).


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 6,448.00
Shares Outstanding ((M)) 160.00
EPS ( Riyal) (TTM) 2.04
Book Value (BV) ( Riyal) (Latest announcement) 12.11
Adjusted P/E (Last12) 24.38
Price/book 3.33
Dividend Yield (%) (Last Year) 3.47
Return on Average Assets (%) (TTM) 12.50
Return on Average Equity (%) (TTM) 17.28
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M) 6,209.92


Analyst Estimates :

51.5

Fair Average Price

3

Number of Recommendations

Rating Research firm Current Price Target Price Change
Neutral AlJazira Capital 45.90 52.00 13.29 %
Neutral Al Rajhi Capital 44.90 48.00 6.90 %
Overweight SNB Capital 46.00 54.50 18.48 %

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