Risk factor
Poor trading liquidity
Profitability factor
Very strong margins and returns
About
Spinneys 1961 Holding plc is a retail group that primarily manages and operates grocery supermarkets, including those under the Spinneys, Waitrose, and Al Fair brands. Its operations span the United Arab Emirates, Oman, and other international markets. Beyond its core retail ventures, the company's activities are diversified, encompassing the import, export, and wholesale of various foodstuffs, groceries, and non-food consumer products. It also engages in the in-house production of bakery items and processes meat specifically for its supermarkets. Additionally, Spinneys develops and markets its own private label product lines, such as SpinneysFOOD, SpinneysHOME, SpinneysWELLNESS, and Fine Food, and offers its products through an online sales channel. Founded in 1924, Spinneys 1961 Holding plc is based in Dubai, UAE, and functions as a subsidiary of Al Seer Group LLC.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is reasonably priced on P/E, 'cheap' on EV/EBIT
Target Price
The average target price of SPINNEYS.AE is 1.9 and suggests 63% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to