Saudi Electricity hits highest level since 2006

Logo of Saudi Electricity Co.

Shares of Saudi Electricity Co. hit their highest level in 16 years, or since 2006, at SAR 30.50 today, March 13.

Established in 2000, Saudi Electricity generates, transports and distributes electricity in Saudi Arabia directly or through its wholly or partially owned companies.

Saudi Electricity Stock Performance
Annual High (SAR)	30.50	Today, March 13, 2022
Annual Low (SAR)	21.06	March 28, 2021
Historical High (SAR)	56.00	Feb. 25, 2006
Historical Low (SAR)	7.75	Nov. 24, 2002
Highest Traded Volume (mln shares)	172.8	Sept. 5, 2005

The following table shows the most important financial indicators of the company:

Key Financial Indicators
Earnings Per Share (last 12 months) (SAR)	3.39
Operating P/E (last 12 months) (x)	8.64
Book Value (SAR)	21.20
P/B Ratio (x)	1.38

The utility provider rose its capital twice as indicated below:

Capital Amendments (SAR mln)
Date	Capital Hike Method	Previous Capital	New Capital	Change
2003	Bonus shares	38.29	41.67	9 %
2002	Bonus shares	33.76	38.29	13 %

The Public Investment Fund (PIF) is the major shareholder in Saudi Electricity with a stake of 74.3%.

Major Shareholder
Shareholder	Stake
PIF	74.3%
Saudi Aramco	6.92%

Saudi Stocks Trading

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