Nahdi records lowest price since debut

13/11/2024 Argaam Exclusive

Shares of Nahdi Medical Co. dropped today, Nov. 13, to SAR 122—the lowest price since the company's listing on the Main Market (TASI).

 

The stock is trading down 1%.

Accordingly, the year-to-date (YTD) losses reached 7% from the listing price of SAR 131. Meanwhile, the losses widened to 42% compared to the highest price since debut at SAR 209.4.

Market Data :

Open 123.00
Low 122.00
High 124.40
Previous Close 123.40
Change (3M) (2.06 %)
Change (6M) (7.63 %)
Market Value 16,172.00
Avg. Volume (3M) 253,831.12
Avg. Turnover (3M) 32,709,828.68
Avg. Transaction (3M) 2,024.25
Change(12M) (5.95 %)
YTD (9.93 %)

The company has not made any changes to its capital since its debut in March 2022.

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2022 IPO   1,300.00 0.00%

Financial Performance :

Overview :

Nahdi Medical Co. was established in 1986 as a sole proprietorship under the name “Abdullah Amer bin Munif Al-Nahdi Establishment”. The company’s core business covers pharmacies, and drug warehouse activities, as well as retail of devices, equipment and medical supplies, and wholesale of medical devices and equipment. Nahdi provides its services through 1,151 pharmacies in 144 cities and villages, serving 97% of the Kingdom’s population. The company also manages three dis...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 16,172.00
Shares Outstanding ((M)) 130.00
EPS ( Riyal) (TTM) 6.41
Book Value (BV) ( Riyal) (Latest announcement) 18.53
Adjusted P/E (Last12) 20.20
Price/book 6.71
Dividend Yield (%) (Last Year) 4.42
Return on Average Assets (%) (TTM) 15.09
Return on Average Equity (%) (TTM) 35.58
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M) 15,424.35


Analyst Estimates :

152

Fair Average Price

3

Number of Recommendations

Rating Research firm Current Price Target Price Change
Buy Riyad Capital 123.40 150.00 21.56 %
Buy Riyad Capital 128.40 180.00 40.19 %
Neutral SNB Capital 138.10 126.00 (8.76 %)

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