Last SR68.60 SAR
Change Today +1.35 / 2.01%
Volume 1.4M
STC On Other Exchanges
Symbol
Exchange
Saudi Arabia
As of 8:30 AM 12/21/14 All times are local (Market data is delayed by at least 15 minutes).

saudi telecom co (STC) Snapshot

Open
SR73.00
Previous Close
SR67.25
Day High
SR73.00
Day Low
SR67.25
52 Week High
10/28/14 - SR76.50
52 Week Low
12/31/13 - SR53.25
Market Cap
137.2B
Average Volume 10 Days
946.5K
EPS TTM
SR6.10
Shares Outstanding
2.0B
EX-Date
11/5/14
P/E TM
11.2x
Dividend
SR4.00
Dividend Yield
4.74%
Current Stock Chart for SAUDI TELECOM CO (STC)

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saudi telecom co (STC) Details

Saudi Telecom Company, together with its subsidiaries, provides telecommunications services in the Kingdom of Saudi Arabia and internationally. The company’s GSM segment offers mobile, third and fourth generation services, prepaid cards, international roaming, and messaging services. Its Landline segment provides fixed line, telephone cards, interconnect, and international call services. The company’s DATA segment offers leased data transmission circuits, DSL, and Internet services. It is also engaged in the operation of communications projects; transmission and processing of information; wholesale and retail trade of recharge card services, and telecommunication equipment and devices; provision of computer services; sale and re-sale of fixed and mobile telecommunication services; and maintenance and operation of commercial centers. In addition, the company operates and maintains telecommunication, computer systems’, and Internet networks; and operates, maintains, and installs systems, communications software, and information technology. Further, it provides mobile services, international telecommunications, broadband, and other related services in Bahrain, as well as operates in the fields of content services and digital media. The company was founded in 1998 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

Founded in 1998

saudi telecom co (STC) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

saudi telecom co (STC) Key Developments

Saudi Telecom Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 2014

Saudi Telecom Co. reported that it has registered USD 898 million in net profits during third quarter ended September 2014, a decline compared with USD 903.29 million last year. The company said that the decline in its net profit came as the result of it having to pay USD 40.23 million more in tax compared to the same period in 2013. The company reported an increase in its wireless broadband revenue, which rose by 22% during the third quarter of this year. During the January-September period of 2014, the company reported a net profit of USD 2.28 billion, an increase compared with USD 1.69 billion the previous year, while nine-month revenue for its international subsidiaries rose 18%, mainly from its Bahrain and Kuwait businesses. Earnings per share (EPS) improved to SAR 4.28 from SAR 3.18. Operating income rose 12% to SAR 9.17 billion.

The Saudi Telecom Company and Cisco Sign Deal for Multiple Projects

The Saudi Telecom Company announced it has agreed to strategically collaborate on several high level projects with Cisco in order to build joint solutions for the Saudi Arabian market, which will result in increasing customer benefits, creating a joint go-to-market strategy to address the ICT market in Saudi Arabia and build 3 new data centers which will represent the large Cisco Application Centric Infrastructure (ACI) deployment in the Middle East to date. These joint projects will focus on key technology market transitions including video, cloud, mobility and security, with these projects expected to impact all areas of business operations in Saudi Arabia, particularly as businesses begin entering into the era of the Internet of Everything (IoE).

Saudi Telecom Provides Revenue Guidance for the Year 2014 and 2015

Saudi telecom provided revenue guidance for the year 2014 and 2015. For the year 2014, the company expects revenue to grow by 2%. For the year 2015, the company expects revenue to grow by 4.7% in 2015 to reach USD 22.01 billion.

 

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Industry Analysis

STC

Industry Average

Valuation STC Industry Range
Price/Earnings 11.1x
Price/Sales 2.9x
Price/Book 2.2x
Price/Cash Flow 7.1x
TEV/Sales 2.3x
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