Risk factor
Very high price volatility
Profitability factor
Very strong margins and returns
About
Gas Arabian Services Company provides products and services for automation, instrumentation, field services, mechanical, and piping and static fields in the Kingdom of Saudi Arabia. It operates as a turnkey contractor, as well as provides project management services; and offers a range of support services to project. The company also supplies instrumentation and electrical, and mechanical products. In addition, it manufactures piping spools, structural steel fabrication products, pressure reducing stations, multiphase flow meters skids, and other industry essential products. Further, it provides machinery and equipment, electrical, electronic, mechanical, hydromechanical, petroleum, industrial, drilling, technical, desalination equipment, generators, and spare parts. The company serves oil and gas, petrochemical, electrical, steel, water and desalination, and mining industries. Gas Arabian Services Company was incorporated in 1992 and is headquartered in Dammam, the Kingdom of Saudi Arabia.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. In particular, the stock is reasonably priced on P/E, 'expensive'
Target Price
The average target price of 9528.SR is 19 and suggests 9% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation