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Data-driven stock valuation

Arab National Bank (1080) fair value: what the stock is really worth

As of Nov 12, 2026: fair value (intrinsic value) of Arab National Bank stock SAR 26.34, price SAR 21.32, upside +23.5%, quality 40 out of 100. Rating: undervalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.

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Financial Services SA · ISIN SA0007879105

AN Arab National Bank logo Broad data Nov 11, 2026

Arab National Bank

1080 · SR

Rising price, but only slightly cheap (19% below fair value) and weak company: meets 1 of 3 rules.

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Fair value 26.34 SAR · Undervalued 
Rising price (uptrend) 
Highly profitable · 54.5% net margin (TTM) 
6.1% dividend yield · Low payout
Ranks above peers (9/14) 
Wide moat 65/100
Broad data 
Costs just 8.8 times its yearly profit. 
Quality 40/100 
Expensive Growth (revenue 5y +11.1 %/yr in SAR) 

Main risks:

🚩Digital challengers and larger banks erode margins🚩Oil-price swings hit Saudi-centric lending
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What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

24.45 SAR 9.76 SAR Fair Value 26.34 SAR Apr 2020 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 11, 2026.

How to read this chart

60‑month range 9.76 SAR – 24.45 SAR · fair‑value band 22.54 SAR – 42.75 SAR · the 21.32 SAR price screens below the 26.34 SAR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 11, 2026.

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Company profile

Arab National Bank provides various banking products and services in the Kingdom of Saudi Arabia, Other GCC and the Middle East, Europe, North America, Latin America, Southeast Asia, and internationally.

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It operates through Retail Banking, Corporate Banking, Treasury, and Investment and Brokerage Services segments.

The company offers savings, Murabaha, and SME accounts; time deposits; personal, auto lease, and real estate loans; credit and debit cards; digital wallets; and investment products for individuals.

It also provides loans and advances, deposits, and other credit products for corporate and institutional customers, and small and medium sized businesses; and investment management services, as well as asset management services related to dealing, managing, arranging, advising, and custody of securities.

In addition, the company offers corporate and commercial banking, project and structured finance, and vision realization solutions; treasury services, such as market related products and services, international instruments, investments, government bonds and sukuk, and e-trader solutions; and transaction banking solutions comprising corporate online access, merchant solutions, collections solutions, liquidity management solutions, specialized market solutions, fintech and open banking solutions, financial solutions, guaranteed bonds, and collection documentary bills.

Further, it engages in leasing of heavy equipment; and investment, purchasing, sale, and leasing of land and real estate properties, as well as provides trading and supply chain finance. Arab National Bank was founded in 1979 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

Stock analysis

Arab National Bank (1080) currently trades at 21.32 SAR, while our model-based Fair Value estimate is 26.34 SAR, implying the stock looks roughly 19% undervalued today.

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Valuation

Bull case: the Multiples group reads highest at a median of 34.21 SAR per share, and 4 of the 6 models we run sit above the 21.32 SAR price.

Bear case: the Asset-Based group reads lowest at 16.70 SAR, and 2 of the 6 models stay below the price. Data coverage for this calculation is high.

Scenario range: 22.54 SAR (bear) to 42.75 SAR (bull), the price of 21.32 SAR sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 40/100 (below-average quality), in the Financial Services sector.

Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.

Arab National Bank reported revenue of 9.9B SAR in FY2025 versus 5.8B SAR in FY2021, a compound +14.4%/yr. Reported net income was 5.1B SAR in FY2025, compounding +23.8%/yr from FY2021.

Key figures

Market cap 42.5B SAR (≈ $11.3B) Large · P/E ratio 8.8 · P/S ratio 4.39 · EPS (TTM) 2.41 SAR · Dividend yield 6.1% · Net margin 54.5% · Return on equity 10.4% · Return on assets (EBIT) 1.9% (5-year average).

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 65 out of 100 (medium confidence).

What moves the price

The share trades about 9% below its 52-week high and 10% above its 52-week low, currently above its 200-day average.

For context, the median of 10 Financial Services peers we cover trades at −31% fair-value upside, at 24%, 1080 screens cheaper than that median.

Fair Value models

Bear 22.54 SAR Fair Value 26.34 SAR Bull 42.75 SAR
Price 21.32 SAR · Upside +23.5%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (0.9671 SAR per share) are deliberately not added. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
Residual Income 22.54 SAR 25.35 SAR 32.87 SAR 76
DDM Multi-Stage 12.14 SAR 19.42 SAR 27.45 SAR 66
Gordon GGM 12.14 SAR 26.34 SAR 43.98 SAR 65
All 6 models by family
Dividend Discount
Gordon GGM 12.14 SAR 26.34 SAR 43.98 SAR 65
DDM Multi-Stage 12.14 SAR 19.42 SAR 27.45 SAR 66
Multiples
P/E Multiple 25.13 SAR 33.51 SAR 41.88 SAR 63
P/B Multiple 26.17 SAR 34.90 SAR 43.62 SAR 55
Asset-Based
NCAV (Graham) 12.46 SAR 16.70 SAR 24.93 SAR 54
Economic Profit
Residual Income 22.54 SAR 25.35 SAR 32.87 SAR 76

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Quality Score breakdown

Overall quality 40/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 36
How much profit the company makes from its sales and capital
Quality Growth 46
Are margins and returns getting better?
Cashflow 41
Do the profits arrive as real cash?
Financial strength 17
Debt, balance sheet and risk of trouble
Investment 50
Does it invest with discipline instead of growing at any price?
Low Volatility 92
How calm the share price moves, does not count
Price momentum 39
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 37
Distance to the 52-week high, does not count
New shares 40
Buys back shares or issues new ones?

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Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+4.3%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+13.0%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+11.1%
Start year 2020 (pandemic). Over 10 years: +5.6% a year
Revenue growth 11 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+5.6%
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+18.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year+12.1%
Dividend (yield on the price)6.1%
Per share before 2014divided by the spin-off factor 1.176
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.12.1% vs 3.0%, picking up
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.44% → 61%
Pace: the 5-year rate starts in 2020 (pandemic)

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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Regional · 999 stocks

Beats the industry median on 9/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score 40 · Bottom 25%
Fair Value upside +23.5% · Top 25%
Profitability
Return on equity (12 months) 10.4% · Below median
Return on assets 1.8% · Top 25%
Net margin (12 months) 54.5% · Top 25%
Operating margin (12 months) 65.2% · Top 25%
Growth and dividend
Revenue growth (quarter YoY) 6.9% · Below median
Dividend yield (12 months) 6.1% · Top 25%
Balance sheet
Debt / equity 0.04× · Lowest 25%

Valuation Multiplesvs Banks - Regional median · lower = cheaper

P/E (12 months) 8.8× · Cheapest 25%
P/B 0.86× · Cheapest 25%
P/S (12 months) 4.39× · Priciest 25%
Price / free cash flow (fiscal year) 38.9× · Priciest 25%
EV/EBITDA 4.8× · Cheapest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)65 · sector 8
FUTURE (revenue growth)35 · sector 47
PAST (return on equity)42 · sector 43
HEALTH (low debt)–
DIVIDEND (yield)100 · sector 52

HEALTH: for banks, insurers and similar financial firms borrowed money is part of the business, so we do not rate debt here.

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Banks - Regional stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Postal Savings Bank of China Co 601658 ¥5.69 ¥7.59 +33% vs 1080
China Merchants Bank Co 600036 ¥42.93 ¥52.73 +23% vs 1080
BNP Paribas SA BNP €95.57 €107.43 +12% vs 1080
Intesa Sanpaolo S.p.A ISP €6.26 €4.91 −22% vs 1080
UniCredit S.p.A UCG €83.68 €58.08 −31% vs 1080
Oversea-Chinese Banking Corporation O39 28.53 SGD 18.20 SGD −36% vs 1080
DBS Group D05 69.90 SGD 40.39 SGD −42% vs 1080
Mizuho Financial Group MFG $10.34 $5.84 −44% vs 1080
HDFC Bank Limited HDFCBANK ₹804.00 ₹406.39 −49% vs 1080
ICICI Bank Limited ICICIBANK ₹1,584 ₹615.63 −61% vs 1080

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Arab National Bank: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "Arab National Bank Fair Value". https://www.fairvalue-calculator.com/stock/1080

Frequently asked questions

Is Arab National Bank (1080) overvalued or undervalued?
As of Nov 11, 2026, our model estimates a fair value of 26.34 SAR versus a price of 21.32 SAR, about +24% upside (undervalued).
What is the fair value of 1080?
Our model-based fair value for Arab National Bank is 26.34 SAR (as of Nov 11, 2026), built from audited fundamentals. The current price: 21.32 SAR.
What is the quality score of 1080?
Arab National Bank has a Quality Score of 40/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Arab National Bank (1080)?
Our model-based price target is the fair value of 26.34 SAR (as of Nov 11, 2026) from 6 valuation models. Cautious scenario 22.54 SAR, optimistic scenario 42.75 SAR. It is a calculation from audited fundamentals, not an analyst target.
What is the Arab National Bank stock forecast for 2026?
Our models put fair value at 26.34 SAR, about +24% upside versus a price of 21.32 SAR (undervalued). Cautious scenario 22.54 SAR, optimistic scenario 42.75 SAR. The calculation is refreshed regularly with new filings.
What is the revenue of Arab National Bank (1080)?
Arab National Bank reported trailing-twelve-month revenue of about 9.7B SAR (latest available figure, as of Nov 11, 2026).
Does Arab National Bank pay a dividend?
Arab National Bank currently shows a dividend yield of 6.10% relative to its recent price (as of Nov 11, 2026).
How much is the dividend of Arab National Bank (1080) and when is the ex-dividend date?
Arab National Bank pays a dividend of 1.30 SAR per share a year, a dividend yield of 6.1%. The last ex-dividend date was Jul 26, 2026. A dividend has been paid every year since at least 2010. The payout ratio is 53.9% of earnings. Our assessment: Low payout. A low payout ratio: the dividend takes at most 60 % of earnings. Whether free cash flow covers it as well, we cannot see for this company.
What is the intrinsic value of Arab National Bank (1080)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Arab National Bank it is 26.34 SAR per share (as of Nov 11, 2026), against a price of 21.32 SAR. It is the blended result of 6 valuation models in 4 families (Dividend Discount, Multiples, Asset-Based, Economic Profit).
Is Arab National Bank stock overvalued or undervalued in 2026?
As of Nov 11, 2026, 1080 trades below its calculated fair value: price 21.32 SAR, fair value 26.34 SAR, a gap of about +24% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 1080?
No. The price is what the market pays today (21.32 SAR); the fair value is what the company's own numbers justify (26.34 SAR). For Arab National Bank the two are 5.02 SAR per share apart. That gap is exactly why we show both numbers side by side.
How much is Arab National Bank worth?
The market values Arab National Bank at about 42.5B SAR (market capitalisation, as of Nov 11, 2026). Per share that is 21.32 SAR; our models calculate a fair value of 26.34 SAR per share.
What do the bullish and bearish scenarios say about 1080?
Our models span a range for Arab National Bank: cautious scenario 22.54 SAR, base 26.34 SAR, optimistic 42.75 SAR per share (as of Nov 11, 2026, price 21.32 SAR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 1080?
Arab National Bank trades at a price-to-earnings ratio of 8.8 (as of Nov 11, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 26.34 SAR is built from several models across several years. Other multiples: P/B 0.9, P/S 4.4, EV/EBITDA 4.8.
How solid is the balance sheet of Arab National Bank (1080)?
Balance-sheet figures for Arab National Bank (as of Nov 11, 2026): return on equity 10.4%, debt of 0.04 per unit of equity. They feed the Quality Score of 40/100, which measures business quality independently of the share price.
How far is 1080 from its 52-week high?
Arab National Bank trades at 21.32 SAR, about 9% below its 52-week high of 23.40 SAR and 10% above the low of 19.37 SAR (as of Nov 12, 2026). Distance from the high says nothing about value: that is what the fair value of 26.34 SAR is for.
Which stocks are comparable to Arab National Bank?
From the same area (Financial Services) we also value China Merchants Bank Co, DBS Group, UniCredit S.p.A, Mizuho Financial Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Arab National Bank stock attractive at the current price?
The data as of Nov 11, 2026: price 21.32 SAR, calculated fair value 26.34 SAR (+24%), Quality Score 40/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 1080 calculated?
We run Arab National Bank through 6 models from 4 families: Dividend Discount, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of 26.34 SAR builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.1% above its aggregate fair value. Arab National Bank currently trades 19% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Arab National Bank (1080)?
The closing price on Nov 12, 2026 was 21.32 SAR. Our model-based fair value is 26.34 SAR, about +24% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Arab National Bank right now?
The price is below even our cautious bear case (22.54 SAR). The market is more pessimistic than our downside scenario. A fairly wide model range (22.54 SAR to 42.75 SAR) leaves room in how you read the outcome. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Where does the earnings growth of Arab National Bank (1080) come from?
Earnings per share at Arab National Bank grew 2.5 % a year from 2014 to 2025. Broken into its drivers: revenue per share +2.4 %, EBIT margin +1.6 %, tax rate −1.7 %, residual (interest, one-offs) +0.2 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.

Key figures of Arab National Bank

How large is the market capitalisation of Arab National Bank (1080)?
The market capitalisation of Arab National Bank is 42.5B SAR (≈ $11.3B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Arab National Bank (1080)?
The price-to-sales ratio of Arab National Bank is 4.39 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Arab National Bank (1080)?
Earnings per share at Arab National Bank are 2.41 SAR (price ÷ EPS = P/E 8.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Arab National Bank (1080)?
The dividend yield of Arab National Bank is 6.1% (payout 53.9%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Arab National Bank (1080)?
The net margin of Arab National Bank is 54.5% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Arab National Bank (1080)?
The return on equity (ROE) of Arab National Bank is 10.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Arab National Bank (1080)?
On an EBIT basis the return on assets of Arab National Bank is 1.9% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Arab National Bank (1080)?
The operating margin of Arab National Bank is 65.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Arab National Bank (1080)?
Revenue at Arab National Bank is growing 6.9% versus a year earlier (3y avg +13.0%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Arab National Bank (1080)?
Earnings per share at Arab National Bank are down 9.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Arab National Bank (1080) generate?
The free cash flow of Arab National Bank is 1.1B SAR (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Arab National Bank (1080) hold?
Arab National Bank holds more cash than debt, 13.2B SAR net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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