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Elm

علم
7203 Main Market Shariah Compliant Strong Buy
698.50 SAR
+5.50 (+0.79%)
Market Cap 54.39B SAR
Volume 509.48K shares
P/E Ratio 26.00
Dividend Yield 1.30%
52-Week Range Software & Services
504.50
1,076.00
Last Updated: May 11, 2026 Confidence: 85%

Technical Analysis & Signals

Strong Buy
Confidence 85%

Alam stock shows a strong upward trend with positive signals in technical analysis.

Support 677.51 SAR
Resistance 712.00 SAR
Short-term (1-2 weeks) 720.00 SAR
Medium-term (1-3 months) 800.00 SAR
Risk Score
4/10 Medium
Technical Analysis

Alam stock (7203.SR) is in a good position as it shows a clear upward trend. The Relative Strength Index (RSI) at 72.3 indicates that the stock may be in overbought territory, which could lead to a potential correction.

Support & Resistance Levels

The current support level is at 677.51 SAR, while the resistance level is at 712.0 SAR. The stock may likely move towards the resistance level if the upward trend continues.

Volume Analysis

Volume analysis indicates noticeable trading activity in the market, reinforcing the upward trend. There may be an increase in demand for the stock, which could lead to price rises.

Fundamental Factors

The Price-to-Earnings (P/E) ratio at 26.0 indicates a relatively high valuation, while the dividend yield at 1.3% may be attractive to investors. These factors may support continued demand for the stock.

Risk Factors

There are risks associated with market volatility, especially with the rising TASI index. A potential price correction could lead to fluctuations in the stock's performance.

Recommendation

Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Investors are advised to conduct their own research before making any investment decisions.

Analyzed: May 11, 2026, 4:34 PM Rule-based analysis

Automated analysis is based on historical data and technical indicators and may not reflect future market conditions.

Financial Fundamentals

Market Cap 54.39B
P/E Ratio 26.00
P/B Ratio 15.00
EPS 26.82
Dividend Yield 1.30%
Dividend/Share 9.00
ROE 50.00%
Debt/Equity 0.73
Free Float 31.15%
Shares Outstanding 77.86M

Price Data

52-Week High 1,076.00
52-Week Low 504.50
3-Month High 733.01
3-Month Low 504.50
Open 693.00
Day's High 712.00
Day's Low 692.00
Previous Close 693.00

Price Chart - Elm

7203

Technical Analysis

Current Price: 698.50 SAR
Overall Technical Signal Bullish Signal
6 Bullish 0 Neutral 3 Bearish

Moving Averages

SMA 20 602.83 SAR
Bullish
SMA 50 572.08 SAR
Bullish
SMA 200 758.31 SAR
Bearish
EMA 12 625.99 SAR
Bullish
EMA 26 601.88 SAR
Bullish
Current Price 698.50 SAR — Price above average = Bullish

Momentum Indicators

RSI 14
72.30 Overbought
Oversold (<30) Neutral Overbought (>70)
MACD Bullish
MACD 24.114
Signal 11.192
Histogram +12.922

Bollinger Bands

Above Upper Band
Upper Band 677.51 SAR
Middle Band 602.83 SAR
Lower Band 528.14 SAR
Price position within band
Lower Band Upper Band
Average True Range (ATR) 28.35 SAR

Trend Strength (ADX)

Moderate Trend
25.2
Weak (<20) Moderate Strong (>40)
+DI (Bullish) 48.00
-DI (Bearish) 17.40
Dominant Trend: Bullish
On-Balance Volume (OBV) -2.20M shares

Financial Summary

Elm

Valuation

Market Cap
54.39B
P/E Ratio
26.00
P/B Ratio
15.00
EPS (Earnings/Share)
26.82

Profitability

Revenue
9.46B
Net Income
2.09B
Return on Equity (ROE)
+50.00%
Shares Outstanding
77.86M

Balance Sheet

Total Assets
N/A
Total Debt
2.63B
Debt/Equity
0.73
Free Float %
+31.1%

Dividends & Margins

Dividend Yield
+1.30%
Dividend/Share
9.00
Book Value
46.57

Financial data extracted from published quarterly reports. All values in SAR unless otherwise stated.

Historical Financial Data

5 years
Year RevenueNet IncomeTotal AssetsTotal DebtEPS
2025
9.46B +27.8%
2.09B +14.4%
11.89B +24.4%
2.63B +364.1%
26.85 +14.5%
2024
7.41B +25.6%
1.83B +34.7%
9.55B +18.0%
566.01M +152.6%
23.46 +34.7%
2023
5.90B +28.1%
1.36B +45.8%
8.10B +34.4%
224.08M +170.7%
17.42 +45.8%
2022
4.61B
930.19M
6.03B
82.76M
11.95
2021

Historical data sourced from Yahoo Finance and may differ from official audited financial reports.

Price Forecast

Strong Buy
Strong Buy
Confidence
85%
Price Range
Medium Target 800.00 +14.53%
Short Target 720.00 +3.08%
Resistance 712.00 +1.93%
Current Price 698.50
Support 677.51 -3.01%
Short-term Target 1-3 months
720.00 +3.08%
Medium-term Target 3-6 months
800.00 +14.53%
Upside +14.5%
Downside -3.0%
Risk/Reward Ratio Favorable
4.84 : 1

These forecasts are based on technical analysis and AI and do not constitute investment advice. Past performance does not guarantee future results.

Sector Comparison

Software & Services

Dividend History

Elm
Annual Total per Share
2026
4.50
0.6%
2025
8.50
1.2%
2024
7.50
1.1%
2023
6.00
0.9%
2022
5.00
0.7%
Amount per share Yield %
Recent Payments
March 2026 4.50
August 2025 4.50
March 2025 4.00
August 2024 3.50
March 2024 4.00
August 2023 3.00
April 2023 3.00
October 2022 2.00
May 2022 3.00

Dividend data from Tadawul records. All amounts in SAR. Estimated yield calculated based on year-end price.

Ownership Structure

Locked Ownership68.85%
Free Float31.15%

Data source: Yahoo FinanceLast updated: 2026-05-11

Risk Assessment

Low
Low 2
Medium 3
High 0

Risk Factors

!
Moderate Volatility Medium

Average True Range 4.1% of stock price

Good Liquidity Low

Trading volume near or above average

!
Fair Valuation Medium

P/E ratio 26.0

Low Debt Low

Debt-to-equity ratio 0.73

!
Moderate Trend Medium

ADX indicator at 25

Low

Stable fundamentals, low volatility, and good financial solvency

Confidence Level 85%
Analysis Signal Strong Buy

This assessment is automated based on quantitative data and does not constitute investment advice. Please consult a licensed financial advisor before making investment decisions.

FAQ

6 question
1 What is Elm stock price today?

Elm (7203) stock price today is 698.50 SAR, gaining by +0.79% compared to the previous session close. The 52-week price range is between 504.50 SAR and 1,076.00 SAR.

2 What is Elm stock valuation?

The automated analysis signal for Elm is "Strong Buy" with 85% confidence. The P/E ratio is 26.0. The P/B ratio is 15.00.

3 Is Elm Shariah-compliant?

Yes, Elm (7203) is Shariah-compliant according to the latest lists approved by relevant Shariah authorities.

4 What are Elm dividend distributions?

Elm has a dividend yield of 1.30%, with an estimated annual dividend of 9.00 SAR per share.

5 What is Elm weekly performance?

Elm performance over different time periods: weekly change +13.39%, monthly +29.47%, and year-to-date -6.73%. The stock is currently trading with a volume of 509,478 shares.

6 What is the target level for Elm?

According to automated analysis for Elm: Short-term target (1-2 weeks): 720.00 SAR. Medium-term target (1-3 months): 800.00 SAR. Support level: 677.51 SAR. Resistance level: 712.00 SAR. Note: These are automated analytical levels and do not constitute investment advice.

Disclaimer

The information provided on this page is for educational and analytical purposes only and does not constitute investment advice or a recommendation to buy or sell. Past performance does not guarantee future results. All investments involve risk including loss of capital. Please consult a licensed financial advisor before making any investment decisions.

Automated analysis relies on historical data and technical indicators and may not reflect future market conditions.