Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Emirates Reem Investments Company PJSC engages in the bottling, distribution, and trading of mineral water, carbonated soft drinks, soft drinks, juices, and evaporated milk in the United Arab Emirates, rest of the Middle East, and Africa. The company also manufactures plastic bottles and containers. It markets and sells its products under the Jeema and AL REEM brand names. The company was formerly known as Emirates Refreshments (P.S.C.) and changed its name to Emirates Reem Investments Company PJSC in August 2023. Emirates Reem Investments Company PJSC was incorporated in 1980 and is headquartered in Dubai, the United Arab Emirates.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EB
