Thob Al Aseel Company: Business Overview, Financials & Competitive Analysis
Thob Al Aseel Company scores 5/10 on the AskCyborg Cyborg Score (Mixed). Profitable Saudi apparel retailer with strong earnings growth offset by weak stock performance amid regional consumer discretionary pressures. Stock has declined 19.12% over the past year while showing modest recent recovery, suggesting market headwinds despite solid fundamentals. Revenue growth of 4.60% is moderate and earnings performance in 2023.
What is Thob Al Aseel Company's industry? Thob Al Aseel Company (alaseel.com.sa) operates in Apparel Manufacturing & Retail. AskCyborg classifies Thob Al Aseel Company under Apparel Manufacturing & Retail in its company registry.
Thob Al Aseel Company engages in the import, export, and wholesale and retail trade of fabrics and readymade clothes, with products including underwear, pajamas, and sleeping robes. The company operates as a major app...
Cyborg Score thesis
Profitable Saudi apparel retailer with strong earnings growth offset by weak stock performance amid regional consumer...
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Get Current Report FreeThob Al Aseel Company Overview
Pro stress-test →Thob Al Aseel Company engages in the import, export, and wholesale and retail trade of fabrics and readymade clothes, with products including underwear, pajamas, and sleeping robes. The company operates as a major apparel retailer in Saudi Arabia through approximately 26 branches and the Al-Jedaie brand retail chain.
Strategic Profile
Pro stress-test →The company operates through Thobes and Fabrics segments, with the Thobes segment including sales of readymade clothes. In 2023, revenue reached 532.22 million SAR with earnings of 76.92 million SAR, representing strong profitability growth of 43.94%.
Competitive Landscape
Pro stress-test →Thob Al Aseel operates in Saudi Arabia's apparel retail sector competing against other regional and international fashion brands. The company's focus on traditional thobes and men's fashion gives it niche positioning, though it faces competition from both domestic retailers and imported brands in the Saudi consumer discretionary market.
Industry Context
Thob Al Aseel Company operates in Apparel Manufacturing & Retail.
Key facts
Founded: 1987 · Headquarters: Riyadh, Saudi Arabia · Revenue: $532M (2023) · Market cap: $1.34B