Risk factor
Vulnerable to price shocks
Profitability factor
Favourable price performance
About
Rabigh Refining and Petrochemical Company engages in the development, construction, and operation of an integrated refining and petrochemical complex in the Middle East, the Asia Pacific, and internationally. The company operates through Refined Products and Petrochemicals segments. It offers polymers, such as linear low density polyethylene, high density polyethylene, homopolymer polypropylene, impact copolymer polypropylene, ethylene vinyl acetate, ethylene propylene rubber, termo plastic olefin TPO, poly methyl methacrylate, and polyamide 6; and monomers, including propylene oxide, methyl methacrylate, phenol, acetone, para xylene, BENZEN, and mono ethylene glycol. The company also provides refined products comprising liquefied petroleum gas, diesel, naphtha, gasoline, gasoline, fuel oil, and kerosene. Its products are used in various end products, such as plastics, detergents, lubricants, resins, coolants, anti-freeze, paint, carpets, rope, clothing, shampoo, auto interiors, epoxy glue, insulation, film, fibers, household appliances, packaging, candles, pipes, and other applications. The company was founded in 2005 and is based in Rabigh, the Kingdom of Saudi Arabia.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is overvalued on EV/EBITDA, reasonably pri
Target Price
The average target price of 2380.SR is 11 and suggests 23% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to de
