Risk factor
Limited trading liquidity
Profitability factor
Greatly overvalued vs peers
About
The Saudi Industrial Export Company operates as a global enterprise specializing in the trade of a diverse array of industrial and raw materials. Its extensive portfolio encompasses crude oil, various other oils, and petroleum coke; a wide range of minerals such as bauxite, quartz, iron, feldspar, kaolinite, red clay, and silica sands (including washed, dry, and quartzite varieties); and various fertilizers like urea, diammonium phosphate, triple super phosphate, granular triple super phosphate, muriate of potash, rock phosphate, and both liquid and solid sulphur. Industrial chemicals such as sodium hydroxide, bitumen asphalt, slack wax, butyl acrylate, and glacial acrylic acid are also traded, alongside various polymers. Additionally, it deals in key industrial commodities including cement, steel, and clinker, as well as agricultural commodities like plants and seeds. Beyond its core trading activities, SIECO provides comprehensive logistics and supply chain solutions, encompassing global air and ocean freight forwarding, freight management, road transportation for general cargo, dry bulk, containers, and flexi-tanks, as well as warehousing services. It also engages in the wholesale distribution of cement and plaster. Furthermore, SIECO offers specialized client support through export and import risk solutions, empowerment programs for small, medium, and large enterprises, and franchising services. Established in 1990, the company is headquartered in Riyadh, Kingdom of Saudi Arabia.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers.