Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Headquartered in Dubai, UAE, Emirates Reem Investments Company PJSC is a diversified enterprise primarily involved in the production, distribution, and sale of a range of beverages and dairy items. This includes mineral water, carbonated and non-carbonated soft drinks, various juices, and evaporated milk. The company also extends its operations to manufacturing plastic bottles and containers. Its products reach consumers across the United Arab Emirates, the wider Middle East, and Africa, primarily under the Jeema and AL REEM brands. Founded in 1980, the company was previously known as Emirates Refreshments (P.S.C.) before officially rebranding to Emirates Reem Investments Company PJSC in August 2023.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. In particular, the stock is 'expensive' on EV/EBITDA.