SABIC closes at lowest since May 2020

25/11/2024 Argaam Exclusive

Shares of Saudi Basic Industries Corp. (SABIC) closed today, Nov. 25, at their lowest level since May 2020 at SAR 69.
 
The stock finished 1% lower after 3.68 million shares were traded.

 

Year High (SAR) Year Low (SAR)
89.00 69.00
Highest Since Debut (SAR) Lowest Since Debut (SAR)
252.27 7.42

The company has changed its capital several times since listing, as shown in the table below:

Market Data :

Open 70.00
Low 69.00
High 70.10
Previous Close 69.90
Change (3M) (8.61 %)
Change (6M) (10.16 %)
Market Value 207,000.00
Avg. Volume (3M) 1,784,090.66
Avg. Turnover (3M) 130,928,412.51
Avg. Transaction (3M) 7,562.68
Change(12M) (14.71 %)
YTD (17.37 %)

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2008 Split   30,000.00 20.00%
2006 Split   25,000.00 25.00%
2005 Split   20,000.00 33.33%
2001 Split   15,000.00 12.50%
2000 Split   13,333.00 33.33%
1990 Split   10,000.00 33.33%
1989 Split   7,500.00 50.00%

Financial Performance :

Overview :

SABIC was set up in September 1977 as a Saudi joint stock company in Riyadh, The company is the largest basic petrochemicals producer in the Middle East, and one of the largest fertilizers and chemicals producers and exporters worldwide. SABIC also spearheads steel producers in the GCC region.  The group is a diversified manufacturer of chemicals and intermediates; industrial polymers; fertilizers and metals fields in more than 40 countries. The group produces ethylene, propylene, butadie...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 207,000.00
Shares Outstanding ((M)) 3,000.00
EPS ( Riyal) (TTM) 0.57
Book Value (BV) ( Riyal) (Latest announcement) 55.16
Adjusted P/E (Last12) 54.75
Price/book 1.25
Dividend Yield (%) (Last Year) 4.93
Return on Average Assets (%) (TTM) 0.59
Return on Average Equity (%) (TTM) 1.00
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M) 235,018.89


Analyst Estimates :

79.1

Fair Average Price

4

Number of Recommendations

Rating Research firm Current Price Target Price Change
Hold HSBC 69.70 70.00 0.43 %
Neutral Riyad Capital 72.50 80.00 10.34 %
Hold U-Capital 72.80 -
Overweight SNB Capital 75.50 87.30 15.63 %

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.