Al Quds Ready Mix Faces Valuation Shift Amid Rising Costs and Flat Performance

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 reported a P/E ratio that aligns with its valuation classification, while its EV to EBIT stands at 3.66 and EV to EBITDA at 2.83. Additionally, the EV to Capital Employed is noted at 0.31, and the EV to Sales ratio is 0.34. The return on capital employed (ROCE) is recorded at 8.42%, with a return on equity (ROE) of 8.25%.

Despite these metrics, Al Quds Ready Mix has faced challenges, including a year-over-year increase in raw material costs by 13.89% and a notably low debtors turnover ratio of 1.95%. The operating profit for the latest quarter was reported at JOD 0.32 million, marking a period of flat financial performance.

In the context of market performance, the stock has generated a return of -29.06% over the past year, contrasting sharply with the Jordan General Index, which has seen returns of 41.21%.

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