Risk factor
Poor trading liquidity
Profitability factor
Solid dividends
About
Established in 1990 and headquartered in Riyadh, Saudi Arabia, United Wire Factories Company is a prominent manufacturer and supplier of steel wire products. The company serves a broad spectrum of industries, including the construction, civil engineering, and industrial sectors throughout the Kingdom. Its diverse product portfolio encompasses essential structural components such as steel rebars and various types of wire mesh, including welded and block ladder mesh. They also produce an array of fastening and security items like nails, spikes, staples, fences, barbed wire, and concertina wire. Additionally, United Wire Factories offers a comprehensive selection of specialized wires, including tying, bailing, black annealed, black drawn, galvanized, PVC coated, and deformed variants. Their range further extends to items such as cloth hangers, floor gratings, wire feedstock, bed net hangers, and metal pins, providing a complete solution for their clientele.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. In particular, the stock is reasonably priced on P/E, of fair value