ADES stock closes at SAR 16.45 on October 15, up 4.11 percent

Published on 10/16/2026 at 15:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached SAR 4.54 billion in the first half of 2026. ADES stock closed at SAR 16.45 on October 15, 2026, up 4.11 percent versus SAR 15.80.

Price move and operating scale

ADES gained 4.11 percent on Tadawul on October 15, 2026.
Revenue reached SAR 4.54 billion in the first half of 2026.
ADES stock stood at SAR 16.45 at 3:18 p.m. AST on October 15, 2026, up 4.11 percent versus the prior close of SAR 15.80.
The company reported a SAR 34.67 billion backlog as of June 30, 2026.

ADES, SA55SG6H5716, Illustration mit AI erstellt.

ADES Holding Company Listed JSC closed 4.11 percent higher on Tadawul on October 15, 2026, at SAR 16.45, after finishing the previous session at SAR 15.80. The issuer and its Saudi listing are identified by Global Banking and Finance under ticker 2382 and ISIN SA55SG6H5716. The quote timestamp was 3:18 p.m. AST.

Revenue reached SAR 4.54 billion

ADES reported SAR 4.54 billion in revenue from contracts with customers for the half ended June 30, 2026. The investor-relations page also listed a 47.60 percent EBITDA margin and a 97.60 percent effective utilization rate for the same period, giving the price move an operating backdrop. These figures come from the company investor-relations page at ADES Group.

Stock remains below its yearly high

The SAR 16.45 close stood 17.50 percent below the SAR 19.94 52-week high and 9.16 percent above the SAR 15.07 low. The share price was up 4.31 percent over the year, while volume reached 1,270,559 shares against an average of 1,337,613 shares on the latest quoted session.

Valuation and operating scale

ADES carried a market capitalization of SAR 18.2 billion and a trailing P/E ratio of 22.85 as of October 15, 2026. The trailing dividend yield was 0.03 percent. The company says its fleet comprised 123 units across 20 countries as of June 30, 2026, while its backlog stood at SAR 34.67 billion.

Comparison with peers

ADES: plus 4.11 percent, P/E 22.85, market capitalization SAR 18.2 billion.

Arabian Drilling (Tadawul, SAR): minus 2.02 percent, P/E minus 46.01, market capitalization SAR 8.4 billion.

Tadawul All Share Index (Tadawul, SAR): minus 0.30 percent, 10,107 points.

Price and operating indicators

The latest session put ADES 3.20 times above its 20-session average daily move of 1.29 percent, according to a dated market analysis. The move was therefore larger than the stock's recent typical daily fluctuation, while the unchanged backlog and utilization figures provide the main operating reference for investors.

ADES stock stood at SAR 16.45 on Tadawul at 3:18 p.m. AST on October 15, 2026, up 4.11 percent versus the prior close of SAR 15.80.