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Arabtec Holding PJSC

ARTC.DU

Latest Trade

1.96AED

Change

0.02(+1.03%)

Volume

1,313,699

Today's Range

1.92

 - 

1.96

52 Week Range

1.37

 - 

2.41

As of on the Dubai Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
1.94
Open
1.92
Volume
1,313,699
3M AVG Volume
106.53
Today's High
1.96
Today's Low
1.92
52 Week High
2.41
52 Week Low
1.37
Shares Out (MIL)
1,500.00
Market Cap (MIL)
2,910.00
Forward P/E
19.60
Dividend (Yield %)
1.06

Next Event

Q3 2019 Arabtec Holding PJSC Earnings Release

Latest Developments

More

Arabtec Holding In Talks To Appoint UBS As Advisor On Potential Merger With Trojan Holding

Arabtec Holding Unit Awarded SAR 280 Mln EPC Contract By Saudi Aramco

UAE's Arabtec Updates On Combining Construction Businesses With Trojan Holding

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About Arabtec Holding PJSC

Arabtec Holding PJSC is a United Arab Emirates-based company engaged, along with its subsidiaries, in the construction sector. The Company operates in five business segment: the Building construction segment engages in the construction of high-rise towers, building and residential villas; the Precast and concrete production segment produces ready mix concrete and precast; the Drainage and electromechanical works segment is involved in the execution of drainage, electrical and mechanical works; the Marine construction segment is involved in the marine construction, and the Equipment trading segment is engaged in trading of heavy equipment and steel. The Company’s subsidiaries include Arabtec Construction LLC, Austrian Arabian Ready Mix Concrete Co. LLC, House of Equipment Co. LLC and Arabtec Precast LLC, among others. In October, 2013, the Company's subsidiary, Arabtec Construction, completed the acquisition of a 45% share in the Emirates Falcon Electromechanical Company (EFECO).

Industry

Construction Services

Contact Info

P.O.Box 7340

+971.2.3337777

https://www.arabtecholding.com

Executive Leadership

Mohamed Thani Murshed Ghanem Al Romaithi

Independent Chairman of the Board

Hamish Gordon Tyrwhitt

Group Chief Executive Officer

Mohammed Hamad Ghanem Hamad Al Mehairi

Independent Vice Chairman of the Board

Peter Pollard

Group Chief Financial Officer

Waleed Al Halasa

General Manager Gulf Steel Industries FZE

Key Stats

2.40 mean rating - 5 analysts
Sell
Hold
Buy
Revenue (MM, AED)

2016

7.7K

2017

9.1K

2018

9.9K

2019(E)

8.1K
EPS (AED)

2016

-3.017

2017

0.100

2018

0.170

2019(E)

0.099
Price To Earnings (TTM)
14.47
Price To Sales (TTM)
0.31
Price To Book (MRQ)
1.78
Price To Cash Flow (TTM)
7.91
Total Debt To Equity (MRQ)
108.76
LT Debt To Equity (MRQ)
43.28
Return on Investment (TTM)
6.40
Return on Equity (TTM)
1.76

Latest News

Latest News

MIDEAST STOCKS-Saudi stocks fall as most of Gulf markets rise

* Bank shares slip on Saudi market * But Qatar banks rise, boosting main index * Arabtec jumps on Trojan merger plan * Lender CIB leads losses in Egyptian blue chips By Maqsood Alam and Shamsuddin Mohd Oct 13 (Reuters) - Saudi Arabian stocks fell on Sunday led by banks,...

MIDEAST STOCKS-Gulf gains as positive talks ease trade tensions

All major Gulf stock markets rose on Sunday, reflecting Friday's surge in global equity shares after the United States and China appeared to move closer towards a resolution of their trade war.

Deals of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:

Abu Dhabi's Arabtec, Trojan hire advisers for potential merger: sources

Arabtec Holding <ARTC.DU> and Trojan Holding have mandated Swiss bank UBS <UBSG.S> and Dubai-listed Shuaa Capital <SHUA.DU> as advisers on a potential merger between the two United Arab Emirates construction firms, two sources with knowledge of the matter told Reuters.

Abu Dhabi's Arabtec, Trojan hire advisors for potential merger-sources

Arabtec Holding and Trojan Holding have mandated Swiss bank UBS and Dubai-listed Shuaa Capital as advisers on a potential merger between the two United Arab Emirates construction firms, two sources with knowledge of the matter told Reuters.

MIDEAST STOCKS-Most of Gulf rises on modest U.S. job growth, Saudi ends losing streak

* Saudi snaps 3-day losing streak * Bahri sees biggest rise in almost a year * AXA Cooperative Insurance gains on capital increase nod * Dubai's Arabtec jumps on Aramco Contract * Amlak continues gaining on court ruling By Maqsood Alam and Shamsuddin Mohd Oct 6 (Reuters)...

MIDEAST STOCKS-Banks, petchems drag down Saudi, property lifts Dubai

* Saudi Enaya falls as accumulated losses increase * Arriyadh Development, Leejam drop on trading ex-dividend * Dubai Arabtec surges on potential merger * Egypt's blue-chip index rises after inflation data * Banks strong in Qatar By Shakeel Ahmad Sept 10 (Reuters) - Saudi...

MIDEAST STOCKS-Most Gulf markets drop, Dubai leads losses

* Dubai's ENBD snaps four days of gains * Property shares also weak in Dubai * Aldar rises on a residential project launch * Cleopatra Hospital drops on lower Q2 Profit * Egyptian Resort falls as Q2 loss widens By Maqsood Alam Sept 8 (Reuters) - Most Gulf markets fell on...

Aabar's bonds drop on 'adverse' audit, despite Abu Dhabi backing

Aabar Investment's bonds, worth 2 billion euros ($2.2 billion), have lost about a quarter of their value this week after an auditor of the Abu Dhabi company gave an "adverse opinion" on its 2018 financial statements.

MIDEAST STOCKS-Banks boost Saudi index; wide sell-off weighs on Egypt

* Saudi index sees biggest gain in nearly 3 months * All Saudi lenders ended higher * In Egypt 23 of thirty stocks slide * Emirates NBD extends gains on foreign ownership * Qatar ends four-day winning streak By Ateeq Shariff Sept 4 (Reuters) - Saudi Arabia's stock market...

UAE firms scout trade at Syria fair, defying U.S. pressure

A delegation of at least 40 businessmen from the United Arab Emirates attended a state-backed trade fair in Syria's capital, defying U.S. warnings against doing business with the government and associates of President Bashar al-Assad.

Dubai developer DAMAC Properties, contractor Arabtec Q2 profits drop

Property developer DAMAC Properties Dubai Co PJSC reported a nearly 87% drop in second-quarter net profit on Wednesday, hurt by the emirate's slumping property market.

MIDEAST STOCKS-Tanker incident weighs on Saudi, profit taking hurts Kuwait

* Tanker tensions in the Gulf weigh on sentiment * Banks drag down Saudi index * Profit taking hurts Kuwait's index * Dubai slips on property shares * Heavyweight FAB lifts Abu Dhabi By Tuqa Khalid DUBAI, July 21 (Reuters) - Saudi Arabia's stock index declined on Sunday,...

MIDEAST STOCKS-Saudi shares decline after Iran seizes UK tanker; other markets mixed

Saudi Arabian shares declined on Sunday, as Iran's seizure of a British-flagged tanker raised investor concern about geopolitical risk, while some investors booked profit after the market's strong run this year.

MIDEAST STOCKS-Trade war truce lifts Gulf markets, Dubai leads gains

* U.S.-China trade talks lifts market sentiment * ENBD soars 4.1% after acquisition approval * Telecom companies boost Saudi market * Abu Dhabi slightly down, exchange cuts commission fees By Tuqa Khalid DUBAI, June 30 (Reuters) - Most major Gulf markets gained on Sunday...

MIDEAST-STOCKS-Financials lift Dubai, most Gulf markets rise

Dubai stocks rose on Sunday, lifted by financials and real estate, while other Gulf markets also gained after falling in recent sessions amid concerns about rising geopolitical risk in the region.

MIDEAST STOCKS-Geopolitical concerns continue to weigh on Saudi, Egypt extends losses

* 10 of 11 Saudi banks slide * Zain Saudi plunges after towers sale cancelled * Egypt falls for a fifth session * Top lender supports Abu Dhabi By Shakeel Ahmad June 24 (Reuters) - Saudi Arabia's stock market fell sharply on Monday to drop for a fourth straight session as...

MIDEAST STOCKS-Saudi rises to its best day in 7 months, leading Gulf rally

* MSCI's top Saudi stocks rise * Saudi's Al-Etihad Cooperative gains after ban lifted * Qatar's Mesaieed Petrochemical rise ahead of MSCI entry * Dubai's Arabtec up after unit wins construction deal By Shakeel Ahmad May 28 (Reuters) - Saudi Arabia's stock market rose sharply...

MIDEAST STOCKS-Financials weigh on Saudi, blue chips gain in Egypt

Saudi Arabia's stock market fell sharply on Sunday, dragged down by the financial and petrochemical sectors, while Egypt's blue chips gained. Saudi's index dropped 2%, with Saudi British Bank (SABB) falling 3.5%, Samba Financial Group, the Kingdom's third-largest bank by...

MIDEAST STOCKS-Financials, property elevate Dubai, most of Gulf up

* All real estate firms gain in Dubai * Saudi's Arabian Centres slides in market debut * Lender FAB weighs on Abu Dhabi * El Sewedy continues to gain on new firm establishment By Ateeq Shariff May 22 (Reuters) - Dubai's stock market rose sharply on Wednesday, buoyed by financial...

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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