Risk factor
Weak & very vulnerable to price shocks
Profitability factor
Very low or no dividends
About
Ash-Sharqiyah Development Co. operates as an agricultural enterprise with a presence in Saudi Arabia and international markets. Its core activities encompass the cultivation of vegetables, utilizing both traditional open-field methods and advanced greenhouse technology. The company further diversifies its portfolio through mixed farming practices and the innovative hydroponic production of vegetables. Beyond crop cultivation, it also undertakes the management of irrigation systems for various agricultural initiatives and participates in animal husbandry. Established in 1986, Ash-Sharqiyah Development Co. maintains its headquarters in Dammam, Saudi Arabia.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is overvalued on EV/EBITDA, underpriced on P/FC.