Al Quds Ready Mix Faces Valuation Challenges Amid Rising Costs and Low Turnover Ratio

Al Quds Ready Mix, a microcap company in the building products industry, has recently undergone an adjustment in its evaluation. This revision reflects a shift in its valuation score, which has been influenced by various financial metrics and market conditions. The company's P/E ratio remains at 0.0, indicating a unique position within its sector. Notably, the EV to EBIT stands at 3.66, while the EV to EBITDA is recorded at 2.83. The EV to Capital Employed and EV to Sales ratios are at 0.31 and 0.34, respectively. These figures suggest a complex valuation landscape for Al Quds Ready Mix. In terms of profitability, the latest ROCE is 8.42%, and the ROE is 8.25%. However, the company has faced challenges, including a 13.89% year-over-year increase in raw material costs and a notably low debtors turnover ratio of 1.95. Additionally, the operating profit for the latest quarter was reported at JOD 0.32 million. Despite these factors, the stock has generated a return of -32.03% over the past year, significantly underperforming against the Jordan General Index, which has seen returns of 43.03%. Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.