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Saudi Tadawul Group (1111) Fair Value & Analysis

Financial Services · SA · Market cap 14.2B SAR

ST Saudi Tadawul Group 1111 · SR
Price118.60 SAR
Fair Value40.17 SAR
Upside-66.1%
Quality53/100
Mixed Growth
Highly profitable · 26.5% net margin
Low debt · generates free cash flow
1.93% dividend yield
Mixed vs. peers (7/14)
Moderate moat 60/100
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Evidence: High Range 30.12 SAR – 50.21 SAR Share as image

Fair value as of: Jul 31, 2026

From 26 valuation models · updated today

Share price −10.4% over the past month.

What matters now

  • The price sits above even our optimistic bull case (50.21 SAR). The favourable scenario is already priced in.
  • Solid but not exceptional quality (53/100) and above fair value, neither a clear bargain nor a standout compounder.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.

Price vs Fair Value (12 months)

209.24 SAR 118.50 SAR Fair Value 40.17 SAR Aug 2025 Jul 2026

12‑month range 118.50 SAR – 209.24 SAR · fair‑value band 30.12 SAR – 50.21 SAR · the 118.60 SAR price screens above the 40.17 SAR fair value. As of Jul 31, 2026.

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Analysis

Saudi Tadawul Group (1111) currently trades at 118.60 SAR, while our model-based Fair Value estimate is 40.17 SAR, implying the stock looks roughly 66.1% overvalued today. We read business quality at 53/100 (solid quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Saudi Tadawul Group generated revenue of 1.2B SAR at a net margin of 26.5%. Revenue grew 1.2% year over year. It earns a return on equity of 9.9%. Net debt stands at 484M SAR. Fundamentals as of Jul 31, 2026

Our scenario range runs from 30.12 SAR (bear case) to 50.21 SAR (bull case); at 118.60 SAR, the current price sits above that range. The share trades about 44% below its 52-week high and 2% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 31% fair-value upside, at -66%, 1111 screens richer than that median.

Key figures & financial health

Revenue (TTM) 1.2B SAR
Revenue growth (YoY) +1.2%
Net margin 26.5%
Return on equity 9.9%
Free cash flow 439M SAR FY2025
P/E ratio 43.6
More key figures
Operating margin 21.4%
EPS (TTM) 2.72 SAR
Dividend yield 1.9%
EPS growth (YoY) -4.3%
Net debt 484M SAR FY2025

Figures from reported company fundamentals · as of Jul 31, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 53/100
Profitability 41
Quality Growth 19
Cashflow 83
Fin. Strength 63
Investment 68
Low Volatility 83
Momentum 18
52W Momentum 2
Net Issuance 82

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Saudi Tadawul Group Holding Company, through its subsidiaries, offers listing services in the Kingdom of Saudi Arabia. It operates through Capital Markets, Data and Technology Services, and Post Trade Services segments. The company creates and manages the mechanisms of trading of securities.

Full company description

Saudi Tadawul Group Holding Company, through its subsidiaries, offers listing services in the Kingdom of Saudi Arabia. It operates through Capital Markets, Data and Technology Services, and Post Trade Services segments. The company creates and manages the mechanisms of trading of securities. It also engages in providing depository and registration services for securities ownership; clearing of securities trades; and dissemination of securities information. In addition, the company provides financial technology solutions, financial content, and capital market solutions, as well as products for stakeholders. Further, it is involved in trading commission for securities and derivative markets; registration of investment portfolios in the filing and settlement system; and trading data, reference data, market indices, and financial information to the financial community, financial technology solutions, research and development in the field of engineering and technology. Saudi Tadawul Group Holding Company was incorporated in 2007 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Saudi Tadawul Group reported revenue of 1.4B SAR in FY2025 versus 1.2B SAR in FY2021, a compound +5.2%/yr. Reported net income was 396M SAR in FY2025, compounding −9.4%/yr from FY2021.

Revenue +5.2%/yr
FY21 1.2B SAR
FY22 1.1B SAR
FY23 1.1B SAR
FY24 1.4B SAR
FY25 1.4B SAR
Net income −9.4%/yr
FY21 588M SAR
FY22 425M SAR
FY23 390M SAR
FY24 622M SAR
FY25 396M SAR

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Cite: Fair Value Calculator (2026). "Saudi Tadawul Group Fair Value". https://www.fairvalue-calculator.com/stock/1111

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 / 7
FUTURE 6 / 85
PAST 40 / 29
HEALTH 96 / 93
DIVIDEND 39 / 38

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

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10 more Capital Markets stocks, each showing price versus our Fair Value estimate (as of Jul 31, 2026).

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NH Investment & Securities Co 005940 31,750 KRW 63,500 KRW +100%
Samsung Securities Co 016360 112,200 KRW 146,629 KRW +31%
Motilal Oswal Financial Services Limited MOTILALOFS ₹841.00 ₹733.42 -13%
Kiwoom Securities Co 039490 364,000 KRW 728,000 KRW +100%
SSI Securities Corporation SSI 26,550 VND 23,017 VND -13%
Bolsas y Mercados Argentinos S.A BYMA 313.75 ARS 120.22 ARS -62%

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Frequently asked questions

Is Saudi Tadawul Group (1111) overvalued or undervalued?
As of Jul 31, 2026, our model estimates a fair value of 40.17 SAR versus a price of 118.60 SAR, about −66% (overvalued).
What is the fair value of 1111?
Our model-based fair value for Saudi Tadawul Group is 40.17 SAR (as of Jul 31, 2026), built from audited fundamentals. The current price is 118.60 SAR.
What is the quality score of 1111?
Saudi Tadawul Group has a Quality Score of 53/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Saudi Tadawul Group (1111)?
Saudi Tadawul Group reported trailing-twelve-month revenue of about 1.2B SAR (latest available figure, as of Jul 31, 2026).
What is the net profit margin of 1111?
The net profit margin of Saudi Tadawul Group is about 26.5%, meaning it keeps roughly 26.5% of revenue as net income. Based on the latest reported figures.
Does Saudi Tadawul Group pay a dividend?
Saudi Tadawul Group currently shows a dividend yield of about 1.93% relative to its recent price (as of Jul 31, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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