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STOCK COMPARISON

Arabian Centres vs Swiss Prime Site: Fair Value & Quality

Both stocks run through our valuation models. Here is how Arabian Centres (4321) and Swiss Prime Site (SPSN) compare, as of Sep 14, 2026.

As of Sep 14, 2026, Fair Value Calculator sees Arabian Centres as the less overvalued of the two: Arabian Centres trades at SAR 15.99 versus a fair value of SAR 12.90 (-19%), while Swiss Prime Site trades at CHF 126 versus CHF 44.83 (-64%).
Arabian Centres
4321.SR · SAR · Real Estate
-19%
upside to fair value
overvalued
PriceSAR 15.99
Fair ValueSAR 12.90
Quality61/100
Swiss Prime Site
SPSN.SW · CHF · Real Estate
-64%
upside to fair value
overvalued
PriceCHF 126
Fair ValueCHF 44.83
Quality63/100
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Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

Arabian CentresSwiss Prime Site
Valuation
6.2×P/E (TTM)26.1×
0.87×P/S (TTM)23.04×
0.13×P/B1.83×
12.1×EV/EBITDA42.0×
PEG6.45×
−19.3%Fair value upside−64.4%
7.2%Dividend yield1.4%
Dividend per shareCHF 1.75
Profitability
62%Operating margin75%
1.23×EBIT margin trend (5Y)1.75×
8%Return on equity6%
2%Return on assets2%
Growth
-2%Revenue growth (YoY)-20%
0.9%Avg. growth/yr (3Y)-5.1%
4.4%Avg. growth/yr (5Y)-6.9%
+28.3%Value creation/yr−7.1%
Balance & size
1.7×Interest coverage (EBIT/interest)6.5×
0.88×Debt / equity0.66×
$2BMarket cap$13B
mixedGrowth qualityweak

Arabian Centres leads: 10 to 4 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Arabian Centresof which business quality 57 · market factors 42 Swiss Prime Siteof which business quality 60 · market factors 61
ProfitabilityMargins and returns on capital today
37
34
Quality GrowthAre margins and returns improving?
46
39
CashflowEarnings quality: real cash, not paper profit
78
80
Fin. StrengthBalance sheet, leverage, solvency risk
42
43
InvestmentDisciplined investing over empire-building
72
92
Low VolatilityCalm price path (market factor)
94
100
MomentumPrice trend over the last 3–12 months (market factor)
27
41
52W MomentumDistance to the 52-week high (market factor)
8
49
Net IssuanceShare count: buybacks or dilution?
82
88

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyArabian CentresPrice SAR 15.99Swiss Prime SitePrice CHF 126
DCF Models-82%below the priceSAR 2.81-89%below the priceCHF 14.06
Dividend Discount-21%below the priceSAR 12.64-65%below the priceCHF 44.01
Multiples+81%above the priceSAR 28.95-61%below the priceCHF 49.13
Asset-Based+37%above the priceSAR 21.88-53%below the priceCHF 59.01
Growth DCF-91%below the priceSAR 1.46n/a
Economic Profit+81%above the priceSAR 28.87-44%below the priceCHF 70.99
Minimum-91%below the priceSAR 1.46-89%below the priceCHF 14.06
Maximum+81%above the priceSAR 28.95-44%below the priceCHF 70.99
Median+8%close to the priceSAR 17.26-61%below the priceCHF 49.13
Geometric mean-38%below the priceSAR 9.91-67%below the priceCHF 41.78

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Arabian Centres: 7 of 13 models see the stock below the current price.

Swiss Prime Site: 10 of 10 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

Arabian Centres
Price SAR 15.99
Fair Value SAR 12.90
Bear SAR 12.90Bull SAR 15.94
Swiss Prime Site
Price CHF 126
Fair Value CHF 44.83
Bear CHF 35.29Bull CHF 56.04

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Arabian Centres · Real Estate

Quality score61 · Top 25%
Fair value upside-19% · below median

Swiss Prime Site · Real Estate

Quality score63 · Top 25%
Fair value upside-64% · bottom 25%

Bottom line

As of Sep 14, 2026, Fair Value Calculator sees Arabian Centres as the less overvalued of the two: Arabian Centres trades at SAR 15.99 versus a fair value of SAR 12.90 (-19%), while Swiss Prime Site trades at CHF 126 versus CHF 44.83 (-64%).

Swiss Prime Site has the higher quality score (63/100).

See the full analysis →

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.