Risk factor
Negligible price volatility
Profitability factor
Very low or no dividends
About
Emaar The Economic City (EEC) is a prominent real estate developer operating across Saudi Arabia, concentrating its efforts within economic and other designated development zones. Its flagship project involves the extensive planning and construction of King Abdullah Economic City. The company's multifaceted operations encompass creating essential infrastructure, marketing and selling land plots within its developments, facilitating land transfers and leases, constructing residential and commercial properties, and undertaking construction work for third parties. Furthermore, EEC actively invests in, manages, operates, and maintains various properties, while also providing higher education services. Established in 2006, Emaar The Economic City is headquartered in King Abdullah Economic City, Saudi Arabia.
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers. In particular, the stock is overpriced on P/E, of fair value on EV/EBITD.