- Arriyadh reported a profit of 143.8 million riyals for the third quarter.
- Third-quarter revenue reached 167.9 million riyals.
- The company’s operating profit was recorded at 111 million riyals.
- Current analyst recommendations include one “buy” rating.
- No “hold” or “sell” ratings have been issued for Arriyadh.
A look at Arriyadh Development Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts evaluating Arriyadh Development Company have provided a Smart Score breakdown which assesses various aspects of the company’s long-term potential. With a strong emphasis on resilience, Arriyadh Development received a high score in this category, indicating its ability to withstand adverse market conditions and economic challenges. Moreover, the company scored well in the value category, suggesting that it may be considered undervalued based on certain metrics.
However, there are areas where Arriyadh Development may have room for improvement. Scores for dividend and momentum were relatively lower, indicating lower levels of dividend payout and potential sluggishness in stock price movement. While growth prospects also garnered a moderate score, highlighting some positive outlook for expansion, the overall evaluation of Arriyadh Development showcases a mix of strengths and areas for enhancement in the real estate sector in Riyadh.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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