Risk factor
Poor trading liquidity
Profitability factor
Greatly overvalued vs peers
About
Thimar Development Holding Company engages in the marketing, wholesale, and retail trade of agricultural and food products in the Kingdom of Saudi Arabia. It also offers fresh, chilled, and frozen meat products, as well as livestock; and maintains and manages agricultural projects; and manages and operates central wholesale markets. The company was formerly known as National Agricultural Marketing Company and changed its name to Thimar Development Holding Company in November 2021. The company was founded in 1987 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers.
