- Salik’s second-quarter profit amounted to 400.2 million dirhams.
- The profit exceeded analysts’ estimates, which were at 359.3 million dirhams.
- Revenue for the period was 775.7 million dirhams.
- This revenue figure surpassed the estimated 720.6 million dirhams.
- In terms of stock recommendations, there are 8 buy ratings.
- There are 4 hold ratings on Salik’s stock.
- One sell rating has been issued for Salik.
A look at Salik Company Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| 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
Salik Company P.J.S.C., a company that provides infrastructure construction services with a focus on developing, operating, and managing traffic toll systems, has garnered mixed Smartkarma Smart Scores in various key areas. While the company shows strong momentum with a score of 5, indicating positive market trends, its value and dividend scores stand at 2, suggesting moderate performance in these areas. On the bright side, Salik Company shines in terms of growth and resilience, scoring 4 and 3 respectively, reflecting a promising long-term outlook for expansion and stability.
Considering the overall Smartkarma Smart Scores, Salik Company appears to have a solid foundation for future growth and sustainability, with notably high scores in growth and momentum. Despite having room for improvement in areas like value and dividend payouts, the company’s resilience score of 3 indicates a certain level of stability in the face of market challenges. Investors may find Salik Company an attractive prospect for long-term investment, given its strengths in growth potential and market momentum.
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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