Risk factor
Moderate default risk
Profitability factor
Very low or no dividends
About
Established in 1992 and headquartered in Riyadh, Saudi Arabia, Al Khaleej Training and Education Company provides a wide array of educational and training services throughout the Kingdom. The company's operations are diversified across multiple segments. Its Computer division offers advanced programming, networking, and computer solutions tailored for both individual learners and corporate clients. Concurrently, the Language segment specializes in delivering English language proficiency courses. In the academic sector, the Education Projects division develops and executes educational initiatives for universities and the Ministry of Education, alongside managing preparatory orientation years for Saudi universities. Professional growth is addressed by the Financial and Management Training segment, which provides development programs in areas such as management, leadership, and stock trading. Al Khaleej also manages and operates Communication Centers, offering services for telephone-based customer service centers on behalf of various organizations. Additionally, it operates private educational schools for both boys and girls. Further specialized training is provided through distinct academies: Formul'A Academy trains professionals in the beauty and wellness industries, including hairdressers, beauty salon staff, cosmetic consultants, nutritionists, and fitness specialists. The New Dimension center focuses on crucial lifeboat and fast rescue boat training, alongside broader management development solutions. The company's comprehensive suite of services also includes supplying manpower and human resources for call centers and customer care. It undertakes the establishment and construction of schools and cafeterias, network installation, and the provision of infrastructure, communication systems, operational maintenance, computer software, and technical support services. Moreover, Al Khaleej grants franchise rights for various brands.
Company Valuation
Considering past and projected metrics, the stock is 'expensive' compared to its peers. In particular, the stock is overpriced on P/E, of fair value on EV/EBITDA, trading