EN DE

Almawarid Manpower Company (1833) Fair Value & Analysis

Industrials · SA · Market cap 2.2B SAR

AM Almawarid Manpower Company 1833 · SR
Price107.80 SAR
Fair Value117.98 SAR
Upside+9.4%
Quality49/100
Healthy Growth
Thin margins · 5.8% net margin
generates free cash flow
1.96% dividend yield
Ranks above peers (10/13)
Moderate moat 59/100
Watch Almawarid Manpower Company for free, get notified when fair value or trend changes. Watch for free
Evidence: High Range 89.10 SAR – 390.00 SAR Share as image

Fair value as of: Aug 4, 2026

From 24 valuation models · updated today

Share price +5.1% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The model range is unusually wide (89.10 SAR to 390.00 SAR). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (3 years)

983,323 SAR 57.38 SAR Fair Value 117.98 SAR Jun 2023 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 4, 2026.

How to read this chart

37‑month range 57.38 SAR – 983,323 SAR · fair‑value band 89.10 SAR – 390.00 SAR · the 107.80 SAR price screens below the 117.98 SAR fair value. Dashed = 300-day average. As of Aug 4, 2026.

Which stocks are undervalued right now? Check free Discover now →

Analysis

Almawarid Manpower Company (1833) currently trades at 107.80 SAR, while our model-based Fair Value estimate is 117.98 SAR, implying the stock looks roughly 9.4% fairly valued today. We read business quality at 49/100 (below-average quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Almawarid Manpower Company generated revenue of 2.8B SAR at a net margin of 5.8%. Revenue grew 28.8% year over year. It earns a return on equity of 34.1%. The balance sheet holds a net cash position of 49.4M SAR. Fundamentals as of Aug 4, 2026

Our scenario range runs from 89.10 SAR (bear case) to 390.00 SAR (bull case); at 107.80 SAR, the current price sits within that range. For context, the median of 10 Industrials peers we cover trades at 23% fair-value upside, at 9%, 1833 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Residual Income 46.40 SAR 63.38 SAR 410.46 SAR 76
Growth DCF 109.56 SAR 201.45 SAR 349.48 SAR 72
Growth-Adj P/E 206.80 SAR 295.42 SAR 384.05 SAR 68
All 24 models by family
DCF Models
FCF DCF 116.16 SAR 174.60 SAR 356.82 SAR 38
Owner Earnings 131.56 SAR 282.00 SAR 586.23 SAR 31
5Y Revenue Exit 92.06 SAR 151.94 SAR 277.13 SAR 39
5Y EBITDA Exit 102.78 SAR 173.62 SAR 312.43 SAR 41
5Y P/E Exit 115.49 SAR 247.12 SAR 426.28 SAR 38
10Y Revenue Exit 97.67 SAR 200.59 SAR 264.73 SAR 36
10Y EBITDA Exit 108.24 SAR 223.15 SAR 420.90 SAR 37
10Y P/E Exit 117.31 SAR 249.89 SAR 467.23 SAR 35
Earnings-Based
Graham-Dodd 47.08 SAR 328.30 SAR 460.73 SAR 54
Lynch FV 158.52 SAR 226.45 SAR 294.39 SAR 50
PEG = 1.0 158.52 SAR 226.45 SAR 294.39 SAR 46
EPV 68.37 SAR 77.92 SAR 86.16 SAR 59
Multiples
P/E Multiple 103.85 SAR 138.46 SAR 173.08 SAR 63
P/S Multiple 88.27 SAR 117.69 SAR 147.11 SAR 58
P/B Multiple 56.93 SAR 75.91 SAR 94.88 SAR 55
EV/EBIT 107.70 SAR 140.98 SAR 174.26 SAR 53
EV/EBITDA 94.49 SAR 123.36 SAR 152.24 SAR 54
EV/Revenue 75.16 SAR 104.00 SAR 132.84 SAR 43
Asset-Based
NCAV (Graham) 12.65 SAR 16.95 SAR 25.30 SAR 50
Growth DCF
Growth DCF 109.56 SAR 201.45 SAR 349.48 SAR 72
Rev-Margin DCF 100.05 SAR 172.68 SAR 323.34 SAR 67
Economic Profit
Residual Income 46.40 SAR 63.38 SAR 410.46 SAR 76
ROIC Compounder 86.10 SAR 125.56 SAR 176.55 SAR 67
Growth Earnings
Growth-Adj P/E 206.80 SAR 295.42 SAR 384.05 SAR 68

Widest divergence: Growth Earnings (295.42 SAR) versus Asset-Based (16.95 SAR). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 2.8B SAR
Revenue growth (YoY) +28.8%
Net margin 5.8%
Return on equity 34.1%
Free cash flow 136M SAR FY2025
P/E ratio 17.1
More key figures
Operating margin 7.8%
EPS (TTM) 6.30 SAR
Dividend yield 2.0%
EPS growth (YoY) +74.3%
Net cash 49.4M SAR FY2024

Figures from reported company fundamentals · as of Aug 4, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 49/100

Of which business quality 53 · Market factors (momentum, volatility) 49

Profitability 67
Margins and returns on capital today
Quality Growth 59
Are margins and returns improving?
Cashflow 49
Earnings quality: real cash, not paper profit
Fin. Strength 82
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 61
Price trend over the last 3–12 months (market factor)
52W Momentum 26
Distance to the 52-week high (market factor)
Net Issuance 0
Buybacks instead of dilution

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

Almawarid Manpower Company provides recruitment services for domestic and expatriate labor services to domestic workers and temporary employment agencies in the Kingdom of Saudi Arabia. The company offers manpower, building maintenance and cleaning, and other human resource services; marketing, call center, and logistics services.

Full company description

Almawarid Manpower Company provides recruitment services for domestic and expatriate labor services to domestic workers and temporary employment agencies in the Kingdom of Saudi Arabia. The company offers manpower, building maintenance and cleaning, and other human resource services; marketing, call center, and logistics services. It also engages in the operation of training centers, resale of telecommunication services, operation of group housing, and wholesale of uniforms. The company was incorporated in 2012 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

Almawarid Manpower Company reported revenue of 2.6B SAR in FY2025 versus 664M SAR in FY2021, a compound +40.8%/yr. Reported net income was 138M SAR in FY2025, compounding +25.6%/yr from FY2021.

Growth Quality 90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
2.6B SAR
Latest YoY
+28.8%
Avg. growth/yr (3Y)
+40.3%
Avg. growth/yr (5Y)
+30.6%
Avg. growth/yr (7Y)
+26.8%
Revenue +40.8%/yr
FY21 664M SAR
FY22 945M SAR
FY23 1.3B SAR
FY24 2.0B SAR
FY25 2.6B SAR
Net income +25.6%/yr
FY21 55.7M SAR
FY22 76.0M SAR
FY23 88.8M SAR
FY24 95.4M SAR
FY25 138M SAR

Watch 1833: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Almawarid Manpower Company Fair Value". https://www.fairvalue-calculator.com/stock/1833.SR

Peer Group

Staffing & Employment Services · 88 stocks

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.

Quality Score 49 · Bottom 25%
Fair Value upside +9% · Above median
Return on equity (TTM) 34% · Top 25%
Return on assets 11% · Top 25%
Net margin (TTM) 6% · Top 25%
Operating margin (TTM) 8% · Top 25%
Revenue growth 29% · Top 25%
Dividend yield (TTM) 2.0% · Below median

Valuation Multiples vs Staffing & Employment Services median · lower = cheaper

P/E (TTM) 17.1× · Pricier than median
P/B 1.13× · Cheaper than median
P/S (TTM) 0.21× · Cheaper than median
P/FCF 4.2× · Cheaper than median
EV/EBITDA 2.3× · Cheaper than 75% of peers

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 46 · sector 44
FUTURE 100 · sector 1
PAST 100 · sector 30
HEALTH 0 · sector 95
DIVIDEND 39 · sector 60

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.

Similar stocks

10 more Staffing & Employment Services stocks, each showing price versus our Fair Value estimate (as of Aug 4, 2026).

Stock Price Fair Value vs Fair Value
Adecco Group ADEN CHF 20.46 CHF 23.73 +16%
Korn Ferry, KFY $78.61 $114.56 +46%
Robert Half Inc RHI $36.70 $22.10 -40%
TriNet Group TNET $57.56 $70.85 +23%
ManpowerGroup Inc MAN $39.02 $29.67 -24%
Insperity, Inc NSP $49.48 $17.34 -65%
FESCO Group 600861 ¥12.64 ¥45.46 +260%
Grupa Pracuj S.A GPP 47.40 PLN 65.45 PLN +38%
Barrett Business Services, Inc BBSI $37.43 $38.42 +3%
Maharah for Human Resources Company 1831 5.36 SAR 6.92 SAR +29%

Compare Almawarid Manpower Company with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Almawarid Manpower Company (1833) overvalued or undervalued?
As of Aug 4, 2026, our model estimates a fair value of 117.98 SAR versus a price of 107.80 SAR, about +9% (fairly valued).
What is the fair value of 1833?
Our model-based fair value for Almawarid Manpower Company is 117.98 SAR (as of Aug 4, 2026), built from audited fundamentals. The current price is 107.80 SAR.
What is the quality score of 1833?
Almawarid Manpower Company has a Quality Score of 49/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Almawarid Manpower Company (1833)?
Almawarid Manpower Company reported trailing-twelve-month revenue of about 2.8B SAR (latest available figure, as of Aug 4, 2026).
What is the net profit margin of 1833?
The net profit margin of Almawarid Manpower Company is about 5.8%, meaning it keeps roughly 5.8% of revenue as net income. Based on the latest reported figures.
Does Almawarid Manpower Company pay a dividend?
Almawarid Manpower Company currently shows a dividend yield of about 1.96% relative to its recent price (as of Aug 4, 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.

14 days Pro free · no card

Track Almawarid Manpower Company and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.