SAR 15.77
Key Takeaways
Risk factor
Negligible price volatility
Profitability factor
Greatly overvalued vs peers
About
ADES Holding Company, through its subsidiaries, provides oil and gas drilling and production facilities in the Middle East and Asia. Its services primarily include offshore and onshore drilling and production services. The company's offshore services comprise drilling and well maintenance, and mobile offshore production unit production services, as well as accommodation, catering, and other shipboard...
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, neutral on
Target Price
The average target price of 2382.SR is 19 and suggests 18% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incre
