Risk factor
Very high price volatility
Profitability factor
Overvalued vs peers
About
Alwasail Industrial Company, founded in 1979 and headquartered in Buraydah, Saudi Arabia, is a key manufacturer and supplier of polyethylene pipes and fittings. The company's operations span the Kingdom of Saudi Arabia, Egypt, Oman, and the United Arab Emirates, supplemented by international exports. Its comprehensive product range includes pipes tailored for irrigation, water supply, gas distribution, industrial applications, wastewater drainage, and telecommunications ducts. Additionally, Alwasail provides various fittings such as barbed, compression, electrofusion, and economical options. Beyond manufacturing, the company also acts as a wholesaler for a diverse array of plastic materials, rubber, synthetic fibers, and plastic pipes, hoses, tubes, components, and accessories. These offerings are widely utilized across numerous sectors, including irrigation, water management, telecommunications, electrical infrastructure, industrial operations, oil and gas, wastewater management, and building sanitation. The company, originally known as Alwasail Agricultural Company, rebranded to Alwasail Industrial Company in 1990.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, neutral on