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Stock Screener·Saudi Arabia·Basic Materials·1202.SR
Share

Middle East Company for Manufacturing and Producing Paper Stocks

SAR 14.42Last Updated 26.10.2026

Issuer Rating

4/7
Performance

Average

Risk

Limited

Recommendation

Hold

Market Cap

SAR 340.47M

SAR 14.42
Key Takeaways

Risk factor

Vulnerable to price shocks

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Profitability factor

Favourable analyst view

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Risks

  • Default risk
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  • Volatility
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  • Selling difficulty
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  • Stress test
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  • Country risks
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  • Other risks
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About

Middle East Company for Manufacturing and Producing Paper (MEPCO), along with its affiliated entities, specializes in the global production and distribution of container boards and various industrial papers. Its extensive market presence covers Saudi Arabia, the wider Middle East region, Africa, Asia, and Europe. The enterprise conducts its operations primarily through two divisions: Manufacturing and Trading. MEPCO supplies a comprehensive range of paper solutions, including high-performance fluting grades like MEPFLUTE, test liners such as MEPLINER and MEPWHITE (a white-top variant), dual-purpose MEPDUAL, and robust MEPKRAFT liner board. These products are critical for packaging applications across diverse sectors including beverages, consumer durables, cleaning products, industrial goods, and processed foods. Furthermore, the company provides MEPCHEM semi-chemical fluting, specifically formulated for frozen and fresh food packaging. Its portfolio also includes MEPLAMINATE, an absorbent Kraft paper utilized in the manufacture of laminated furniture, shelving, countertops, and flooring, as well as MEPGYPSUM plasterboard liners vital for interior wall lining systems. Additionally, MEPCO manufactures MEPCORE core boards, which are essential components for the film, tape and label, textile, and paper industries. Beyond its manufacturing activities, the company is involved in the wholesale and retail trade of new paper, recycled paper, cardboard, and plastic waste materials. Middle East Company for Manufacturing and Producing Paper was established in 2000 and is headquartered in Jeddah, Saudi Arabia.

Company Valuation

Slightly overvalued
3/7

Considering past and projected metrics, the stock is moderately 'expensive' compared to its peers. In particular, the stock is overpriced on P/E, of fair value on EV/EBIT

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Target Price

Favourable
6/7

The average target price of 1202.SR is 22.9 and suggests 58.9% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i

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Risks

  • Default risk
    Data is available to registered users only
  • Volatility
    Data is available to registered users only
  • Selling difficulty
    Data is available to registered users only
  • Stress test
    Data is available to registered users only
  • Country risks
    Data is available to registered users only
  • Other risks
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