Risk factor
Poor trading liquidity
Profitability factor
Excellent dividends
About
Al Meera Consumer Goods Company Q.P.S.C., through its various subsidiaries, is actively engaged in the wholesale and retail distribution of a wide array of consumer products throughout Qatar and the Sultanate of Oman. Its business operations are structured into three main divisions: Retail, Investment, and Leasing. The company's Retail segment encompasses the sale of a diverse selection of items, including foodstuffs, household goods, clothing, office supplies, computer accessories, books, and children's toys, all offered through its network of owned and managed consumer outlets. Its Investment activities involve managing financial assets like equity and funds, while the Leasing division generates income by renting commercial spaces within various shopping centers. Al Meera is also responsible for developing and operating different retail formats, from large shopping centers and hypermarkets to smaller supermarkets and local convenience stores. Additionally, it provides warehousing and delivery truck services to support its supply chain and manufactures and distributes its own bakery products. By June 29, 2022, the company managed a substantial retail presence, with 61 stores located across Qatar and 6 stores in Oman. Al Meera Consumer Goods Company Q.P.S.C. was founded in 2005 and its corporate headquarters are situated in Doha, Qatar.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. In particular, the stock is reasonably priced on P/E, of fair value
Target Price
The average target price of MERS.QA is 17 and suggests 29.3% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc