BMMI B.S.C., together with its subsidiaries, engages in the wholesale and retail of food, beverages, and other consumable items. It operates through five segments: Retail Operations; Wholesale Operations; Contract Services and Supply; Hospitality; and Investments, Shipping and Other Activities. The company is involved in the distribution, wholesale, and retail of beverages through its BMMI shops to hotels, restaurants, clubs, and other licensed outlets; confectionery, packaged and canned food, toiletries, fragrances, cosmetics, tobacco and other fast-moving consumer goods; and production of ready-made food products, including sandwiches, packaged fruits, baked goods, sushi and sashimi, fully cooked meals, and European and Arabic and fusion style salads. It also operates Downtown Rotana, a five-star hotel; Elios Craft Café which offers a range of options for breakfast and lunch comprising salads, sandwiches, pastries, coffee, freshly squeezed juices, tea, and other options; distributes raw material and finished goods to clients in various sectors related to food, agro-industry, organic products and others; and provides value addition services which include washing, cleaning, sorting, grading, drying, milling and packaging, cold storage, transportation, and shipping. In addition, the company offers remote site and facilities management services, camps and temporary structures, rations supply, technical sourcing and supply, and contract logistics and services; supply chain, warehousing, and distribution services; shipping services, such as marine, cargo, relocation, liner, surveying, and government services; and owns and operates Alosra supermarket, as well as operates restaurants. Further, it provides catering and housekeeping services, as well as hospitality management services. It operates in the Kingdom of Bahrain, Other GCC and Arab countries, and the Republic of Djibouti. The company was founded in 1883 and is headquartered in Sitra, the Kingdom of Bahrain.
Metrics to compare | BMMI | Sector Sector - Average of metrics from a broad group of related Consumer Non-Cyclicals sector companies | Relationship RelationshipBMMIPeersSector | |
|---|---|---|---|---|
P/E Ratio | 10.4x | 15.0x | 10.9x | |
PEG Ratio | 0.66 | 0.79 | 0.02 | |
Price / Book | 1.1x | 2.8x | 1.4x | |
Price / LTM Sales | 0.8x | 0.9x | 0.9x | |
Upside (Analyst Target) | - | 17.3% | 28.3% | |
Fair Value Upside | Unlock | 19.2% | 10.2% | Unlock |