Risk factor
Resilient to price shocks
Profitability factor
Very weak growth
About
Saudi Research and Media Group (SRMG) is a multifaceted media enterprise, with its primary focus on publishing across the Middle East and North Africa region. Its significant portfolio includes prominent newspapers such as Asharq Al-Awsat, AlEqtisadiah, Al-Riyadiah, and Arab News. Beyond print media, SRMG extends its services to include media advertising, distribution, printing, and the provision of educational aids. The group also orchestrates conferences and exhibitions, engages in the trade of printing supplies and communication equipment, develops software, and holds interests in the packaging and plastics sectors. Furthermore, it offers training and consulting services, and acts as an Internet service provider. Established in 1963 and headquartered in Riyadh, Saudi Arabia, the company was previously known as Saudi Research and Marketing Group until its name change in May 2021.
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers. In particular, the stock is 'expensive' on EV/EBITDA, overvalued on P/FC.
Target Price
The average target price of 4210.SR is 80 and suggests 2% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to dec