Risk factor
Very high price volatility
Profitability factor
Very strong margins and returns
About
Al Rashid Industrial Co. specializes in the manufacturing and sale of diverse plastic and packaging solutions, catering to both government entities and commercial clients across Saudi Arabia. Their extensive product range encompasses food storage containers for refrigerators, various trays, Cassatt, and jakes, alongside specialized medical packages and containers. The company also produces packaging boxes tailored for a wide array of goods, including cosmetic and personal care items, saffron, incense, Maamoul, dates, sweets, and citrus products. Furthermore, Al Rashid provides numerous single-use packaging options, such as heatable and transparent cans, distinct boxes for sushi, cakes, egg storage, and fruits, as well as general-purpose cake cans. All products are available for purchase via their online platform. Founded in 1969, the company is headquartered in Riyadh, Saudi Arabia.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is underpriced on P/E, of fair value on EV/EBITDA