Al Quds Ready Mix Faces Valuation Shift Amid Rising Costs and Market Dynamics

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 metrics, which are critical for understanding the company's market position.
The stock's valuation grade has transitioned from expensive to very expensive, indicating a notable change in how the market perceives its financial standing. Key financial metrics reveal that the company has a P/E ratio of 0.0, while its EV to EBIT stands at 3.66 and EV to EBITDA at 2.83. The EV to Capital Employed ratio is recorded at 0.31, and the EV to Sales ratio is at 0.34.

In terms of profitability, Al Quds Ready Mix has a return on capital employed (ROCE) of 8.42% and a return on equity (ROE) of 8.25%. However, the company has faced challenges, including a 13.89% year-over-year increase in raw material costs and a low debtors turnover ratio of 1.95.

Overall, the recent evaluation adjustment highlights the complexities of Al Quds Ready Mix's financial landscape, reflecting both its current standing and the broader market dynamics.

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