Risk factor
Negligible price volatility
Profitability factor
Very strong margins and returns
About
Saudi Airlines Catering Company delivers a diverse range of catering and support solutions, primarily serving flights operated by Saudi Arabian and other airlines within the Kingdom of Saudi Arabia. The company organizes its operations into three principal divisions: Inflight, Retail, and Catering and Facilities. Its service offerings include in-flight meal preparation, the management of airport lounges, and SkySales, an onboard retail program. Beyond its aviation-focused services, the company provides extensive catering, accommodation management, laundry, and cleaning services for businesses situated in remote areas. It also supplies catering for passengers at rail terminals, covering both on-platform and onboard requirements. Furthermore, its comprehensive service portfolio extends to catering for private enterprises, government agencies, hospitals, and clinics, alongside specialized Hajj and Umrah catering, and security provisions. Commercial laundry services are also provided to a broad client base, encompassing airlines, hotels, industrial operations, and healthcare institutions. Founded in 1981, the company maintains its headquarters in Jeddah, Saudi Arabia.
Company Valuation
From both historical and forecast perspectives, the stock is slightly overpriced compared to similar stocks. Specifically, the stock is fairly valued on P/E, neutral on E
Target Price
The average target price of 6004.SR is 103 and suggests 32% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr