Risk factor
Negligible price volatility
Profitability factor
Strong margins and returns
About
United International Transportation Company, together with its subsidiaries, engages in the leasing and rental of vehicles, and used car sales under the Budget Rent a Car name in Saudi Arabia. It operates through three segments: Lease, Rental, and Others. The company provides services, such as short term local and international rental, long term rental, car rental, chauffeur, limousine and cross border rental, corporate leasing, and frequent renters loyalty programs. It also rents and leases heavy vehicles and equipment, as well as trades in heavy vehicles, equipment, and spare parts. The company was founded in 1978 and is headquartered in Jeddah, Saudi Arabia.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. Specifically, the stock is fairly valued on P/E, undervalued on EV/
Target Price
The average target price of 4260.SR is 59 and suggests 41% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incre
