ADES stock at SAR 16.13 with SAR 17.8 billion market value

Published on 10/12/2026 at 13:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ADES stock stood at SAR 16.13 on October 12, 2026, with SAR 17.8 billion market value. First-half revenue was SAR 4.54 billion in 2026.

Key points in brief

ADES stock was at SAR 16.13 on October 12, 2026, while market capitalization stood at SAR 17.8 billion.
First-half 2026 revenue reached SAR 4.54 billion and EBITDA margin was 47.60 percent.
ADES had a SAR 34.67 billion backlog and 97.60 percent effective utilization as of June 30, 2026.

ADES, SA55SG6H5716, Illustration mit AI erstellt.

ADES stock (ISIN SA55SG6H5716) was trading at SAR 16.13 on Tadawul on October 12, 2026, at 1:49 p.m. AST. The market value was SAR 17.8 billion, while the share price remained SAR 3.81 below the SAR 19.94 52-week high.

Price sits below yearly high

The current quote places ADES 19.11 percent below its 52-week high of SAR 19.94 and SAR 1.06 above its 52-week low of SAR 15.07. That spread gives the stock a clear market context: the price is closer to the yearly low than to the yearly high.

ADES trades at a reported P/E ratio of 22.33. Its trailing dividend yield was 0.03 percent, while trading volume reached 1,488,754 shares against an average volume of 1,349,214 shares.

Half-year operating figures

According to ADES Group on October 12, 2026, revenue from contracts with customers reached SAR 4.54 billion in the first half of 2026. The company reported a 47.60 percent EBITDA margin and 97.60 percent effective utilization as of June 30, 2026.

The same investor-relations overview lists a SAR 34.67 billion backlog as of June 30, 2026, alongside a fleet of 123 units operating in 20 countries. For investors, the backlog and utilization figures provide the operating counterweight to the stock's position below its yearly high.

Profit and analyst context

Argaam reported that ADES profit fell 5 percent to SAR 365 million in the first half of 2026, including second-quarter profit of SAR 128.5 million. The comparison is measured against the same reporting periods of 2025.

Argaam also listed a Buy rating from BSF Capital dated September 10, 2026, and a Hold rating from United Securities Company dated August 26, 2026. Those ratings provide contrasting external views while the stock trades at a P/E of 22.33.

Comparison with peers

ADES (Tadawul, SAR): , P/E 22.33, market capitalization SAR 17.8 billion
Arabian Drilling (Tadawul, SAR): minus 0.40 percent, P/E minus 48.86, market capitalization SAR 8.9 billion
TASI: minus 0.15 percent, ,

Trading context for ADES

ADES operates in energy drilling, with Saudi Arabia as its home market and Tadawul as its primary exchange. The October 12, 2026 quote of SAR 16.13 therefore sits alongside a balance of operating scale, backlog visibility and a valuation multiple that remains materially above the yearly low.

Market context: Current market reports.