Riyadh Development closes at highest price since 2006

29/12/2024 Argaam Exclusive

Shares of Riyadh Development Co. rose 9% today, Dec. 29, to SAR 34.55 apiece, to close at the highest price since April 2006.

 

The stock hit an intraday high of SAR 34.75.

Year High (SAR) Year Low (SAR)
34.75 20.90
Highest Since Debut (SAR) Lowest Since Debut (SAR)
74.83 3.20
Chart

Accordingly, the stock’s year-to-date (YTD) gains reached nearly 50%.

Market Data :

Open 25.00
Low 24.56
High 25.12
Previous Close 25.00
Change (3M) (13.44 %)
Change (6M) (23.49 %)
Market Value 5,799.14
Avg. Volume (3M) 162,762.55
Avg. Turnover (3M) 4,689,920.61
Avg. Transaction (3M) 1,148.09
Change(12M) (12.09 %)
YTD (26.22 %)
Overview

The company has amended its capital several times since listing on the Saudi Exchange (Tadawul) in 1994.

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2025 Private Offering   2,339.31 31.59%
2019 Split   1,777.78 33.33%
2014 Split   1,333.33 33.33%
Company Action

Financial Performance :

Financial Statements

Overview :

Arriyadh Development Co. (ARDCO) was established in 1994 as a joint-stock company. The company’s main activity is general construction of residential and non-residential buildings. ARDCO operates mainly in three principal segments: operating, leasing, and sale and contribution of lands. The operating segment includes the operation of Attameer Vegetable and Fruit Wholesale Market, Attameer Public Transportation Center and Attameer International Car Auction. The leasing segment includes lea...
Profile


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 5,799.15
Shares Outstanding ((M)) 233.93
EPS ( Riyal) (TTM) 1.46
Book Value (BV) ( Riyal) (Latest announcement) 17.45
Recurring P/E 17.38
Price/book 1.42
Dividend Yield (%) (Last Year) 1.77
Return on Average Assets (%) (TTM) 9.36
Return on Average Equity (%) (TTM) 10.44
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M Riyal) 4,693.16
EV/adj EBITDA 18.67
EV/Revenues 11.83
Ratios


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