Saleh Abdulaziz Al Rashed & Sons Co.

Saleh Abdulaziz Al Rashed & Sons Co. is a Saudi Arabian engineering and construction company headquartered in Riyadh. The company provides integrated solutions for infrastructure, industrial, and building projects, including civil works, mechanical, electrical, and plumbing (MEP) services. It operates primarily in the Kingdom of Saudi Arabia, serving both public and private sector clients.

The company generates revenue through project-based contracts in engineering, procurement, and construction (EPC). Its revenue streams come from large-scale infrastructure projects, commercial and residential buildings, and industrial facilities. The recent decline in revenue (-9.1% YoY) and net income (-60% YoY) reflects project timing and margin pressures, but the company maintains a solid gross margin of 14.95% and a profit margin of 12.38%.

Al Rashed competes in the Saudi engineering and construction sector, which is highly fragmented with numerous local and international players. The company positions itself as a mid-tier contractor with a focus on quality and reliability. Its valuation metrics (P/E 9.05, EV/EBITDA 5.82) suggest it is reasonably valued relative to peers. The dividend yield of 4.28% offers income appeal.

The company's primary customers are government entities, real estate developers, and industrial companies in Saudi Arabia. It benefits from the Kingdom's Vision 2030 infrastructure spending. All operations are domestic, with no significant international exposure. The company's moderate debt level (47.98M SAR) and cash position (27.78M SAR) provide financial flexibility.

An auto-generated descriptive profile based on company data, for informational purposes only.