Risk factor
Very poor trading liquidity
Profitability factor
Greatly overvalued vs peers
About
Based in Riyadh, Saudi Arabia, and established in 1991, Filling and Packing Materials Manufacturing Company specializes in the production and distribution of a wide array of woven polypropylene packaging solutions. The company caters to industrial, agricultural, and general sectors both domestically and on a global scale. Its product line encompasses large-scale bulk containers (jumbo bags) engineered for the efficient packaging, handling, storage, and transit of significant material volumes. They also provide compact woven polypropylene sacks, ideal for packing various granular and powdery substances like fertilizers, animal feeds, grains, flours, salts, sugars, and seeds, alongside valve-type bags commonly used for cement, chemical compounds, and other nutrients. Beyond bags, their offerings include strapping bands for securing diverse products such as boxes, bales, and bricks; filler yarns and sewing threads essential for electrical cable manufacturing; specialized flame-retardant and electrically conductive fabrics and sacks (available as rolls or sheets); and container liners designed for the secure transportation of dry, flowable commodities.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is 'expensive' on EV/EBITDA.