Risk factor
Strong & resilient to price shocks
Profitability factor
Greatly overvalued vs peers
About
Saudi Industrial Investment Group functions primarily as a petrochemical enterprise within the Kingdom of Saudi Arabia. Its activities span the entire lifecycle of industrial assets, encompassing the creation, construction, ongoing operation, strategic management, and upkeep of petrochemical plants, as well as facilities for gas, petroleum, and other related industries. The company is also involved in the distribution and sale, both in bulk and individually, of raw materials, products, and by-products derived from petrochemical processes. The group's diverse product portfolio includes essential chemicals such as benzene, cyclohexane, and motor gasoline, alongside a range of polymers like high-density polyethylene, polypropylene, and polystyrene, in addition to ethylene, styrene, propylene, and hexene-1. Founded in 1996, Saudi Industrial Investment Group maintains its headquarters in Riyadh, Saudi Arabia.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EBITDA
Target Price
The average target price of 2250.SR is 12.6 and suggests 11.8% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommenda