SAUDI MANPOWER SOLUTIONS CO. (1834) fair value: what the stock is really worth
As of Oct 28, 2026: fair value (intrinsic value) of SAUDI MANPOWER SOLUTIONS CO. stock SAR 5.65, price SAR 5.01, upside +12.8%, quality 68 out of 100. Rating: undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with oneYes, for free
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Oct 29, 2026.
How to read this chart
29‑month range 4.50 SAR – 10.12 SAR · fair‑value band 3.93 SAR – 7.83 SAR · the 5.01 SAR price screens below the 5.65 SAR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Oct 29, 2026.
Follow SAUDI MANPOWER SOLUTIONS CO. in your weekly email
Every Wednesday you see whether SAUDI MANPOWER SOLUTIONS CO. is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Saudi Manpower Solutions Company provides recruitment, manpower, and logistics services and support solutions to workers, government, and private sectors in the Kingdom of Saudi Arabia. It operates through Corporate, Individual, logistic, and Other segments.
Show moreShow less
The company offers expatriate labor, Saudi labor, corporate labor, residential labor, hourly cleaning, goods storage, accommodation, transportation, call center, wholesale prepaid cards, custom software programming, network and communications management and monitoring, IT hosting infrastructure, and private account investment services.
It serves constructions, healthcare, hospitality, logistics, oil and gas, other Sectors. The company was founded in 2012 and is headquartered in Riyadh, the Kingdom of Saudi Arabia. Saudi Manpower Solutions Company is a subsidiary of Al Holoul Almutakamela Holding Company.
Stock analysis
SAUDI MANPOWER SOLUTIONS CO. (1834) currently trades at 5.01 SAR, while our model-based Fair Value estimate is 5.65 SAR, implying the stock looks roughly 11.3% undervalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of 6.95 SAR per share, and 15 of the 25 models we run sit above the 5.01 SAR price.
Bear case: the Asset-Based group reads lowest at 0.8900 SAR, and 10 of the 25 models stay below the price. Data coverage for this calculation is high.
Scenario range: 3.93 SAR (bear) to 7.83 SAR (bull), the price of 5.01 SAR sits inside 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 68/100 (solid quality), in the Industrials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
SAUDI MANPOWER SOLUTIONS CO. reported revenue of 2.1B SAR in FY2025 versus 1.7B SAR in FY2021, a compound +5.1%/yr. Reported net income was 151M SAR in FY2025, compounding +0.0%/yr from FY2021.
Key figures
Market cap 2.0B SAR (≈ $529M) Small · P/E ratio 11.4 · P/S ratio 0.90 · EPS (TTM) 0.4400 SAR · Dividend yield 3.0% · Net margin 7.9% · Return on equity 27.1% · Return on assets (EBIT) 15.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 57 out of 100 (medium confidence).
What moves the price
The share trades about 23% below its 52-week high and 11% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at 18% fair-value upside, at 13%, 1834 screens richer than that median.
Fair Value models
Bear3.93 SARFair Value 5.65 SARBull7.83 SAR
Price 5.01 SAR · Upside +12.8%
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 (0.2399 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.
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.63/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+10.7%
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.
+4.4%
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.
+2.5%
Start year 2020 (pandemic)
Revenue growth 6 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.
+1.1%
’19
’20
’21
’22
’23
’24
’25
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.
+3.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year+0.2%
Dividend (yield on the price)3.0%
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.8% → 8%
Growth Forecast
Price in line with expectations
The price assumes about as much growth as the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+1.0%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Saudi Arabia: IMF forecast 2.1% a year to 2030, 1.7% from 2016 to 2025) that is about −1.1% a year for the price.
Compare SAUDI MANPOWER SOLUTIONS CO. with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Staffing & Employment Services · 81 stocks
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.
Is SAUDI MANPOWER SOLUTIONS CO. (1834) overvalued or undervalued?
As of Oct 29, 2026, our model estimates a fair value of 5.65 SAR versus a price of 5.01 SAR, about +13% upside (undervalued).
What is the fair value of 1834?
Our model-based fair value for SAUDI MANPOWER SOLUTIONS CO. is 5.65 SAR (as of Oct 29, 2026), built from audited fundamentals. The current price: 5.01 SAR.
What is the quality score of 1834?
SAUDI MANPOWER SOLUTIONS CO. has a Quality Score of 68/100. 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 SAUDI MANPOWER SOLUTIONS CO. (1834)?
Our model-based price target is the fair value of 5.65 SAR (as of Oct 29, 2026) from 25 valuation models. Cautious scenario 3.93 SAR, optimistic scenario 7.83 SAR. It is a calculation from audited fundamentals, not an analyst target.
What is the SAUDI MANPOWER SOLUTIONS CO. stock forecast for 2026?
Our models put fair value at 5.65 SAR, about +13% upside versus a price of 5.01 SAR (undervalued). Cautious scenario 3.93 SAR, optimistic scenario 7.83 SAR. The calculation is refreshed regularly with new filings.
What is the revenue of SAUDI MANPOWER SOLUTIONS CO. (1834)?
SAUDI MANPOWER SOLUTIONS CO. reported trailing-twelve-month revenue of about 2.2B SAR (latest available figure, as of Oct 29, 2026).
Does SAUDI MANPOWER SOLUTIONS CO. pay a dividend?
SAUDI MANPOWER SOLUTIONS CO. currently shows a dividend yield of 2.99% relative to its recent price (as of Oct 29, 2026).
What growth is priced into SAUDI MANPOWER SOLUTIONS CO. (1834)?
For today's price to be fair in a discounted-cash-flow model, SAUDI MANPOWER SOLUTIONS CO. would have to grow free cash flow by +1.0 % per year for five years (discount rate 10.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +2.5 % per year. As of Oct 29, 2026.
What discount rate (WACC) does the fair value of 1834 use?
Our models discount SAUDI MANPOWER SOLUTIONS CO. at 10.3 %: a base by market capitalisation (small), damped by beta 0.10, country premium for Saudi Arabia. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For SAUDI MANPOWER SOLUTIONS CO. that is +1.0 % per year a year over ten years, using the same discount rate (10.3 %) and the same formula as our fair value.
How much growth has SAUDI MANPOWER SOLUTIONS CO. (1834) delivered so far?
Over the past 5 years revenue at SAUDI MANPOWER SOLUTIONS CO. grew +2.5 % a year. The price currently implies +1.0 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of SAUDI MANPOWER SOLUTIONS CO. (1834) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into SAUDI MANPOWER SOLUTIONS CO. (+1.0 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of SAUDI MANPOWER SOLUTIONS CO. (1834)?
The free-cash-flow yield on the price is 7.25 %: that much free cash flow SAUDI MANPOWER SOLUTIONS CO. produces per unit of market value. When it exceeds the discount rate of our models (10.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of SAUDI MANPOWER SOLUTIONS CO. (1834)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For SAUDI MANPOWER SOLUTIONS CO. it is 5.65 SAR per share (as of Oct 29, 2026), against a price of 5.01 SAR. It is the blended result of 25 valuation models (cash flow, earnings, asset, dividend).
Is SAUDI MANPOWER SOLUTIONS CO. stock overvalued or undervalued in 2026?
As of Oct 29, 2026, 1834 trades below its calculated fair value: price 5.01 SAR, fair value 5.65 SAR, a gap of about +13% (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 1834?
No. The price is what the market pays today (5.01 SAR); the fair value is what the company's own numbers justify (5.65 SAR). For SAUDI MANPOWER SOLUTIONS CO. the two are 0.6400 SAR per share apart. That gap is exactly why we show both numbers side by side.
How much is SAUDI MANPOWER SOLUTIONS CO. worth?
The market values SAUDI MANPOWER SOLUTIONS CO. at about 2.0B SAR (market capitalisation, as of Oct 29, 2026). Per share that is 5.01 SAR; our models calculate a fair value of 5.65 SAR per share.
What do the bullish and bearish scenarios say about 1834?
Our models span a range for SAUDI MANPOWER SOLUTIONS CO.: cautious scenario 3.93 SAR, base 5.65 SAR, optimistic 7.83 SAR per share (as of Oct 29, 2026, price 5.01 SAR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 1834?
SAUDI MANPOWER SOLUTIONS CO. trades at a price-to-earnings ratio of 11.4 (as of Oct 29, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 5.65 SAR is built from several models across several years. Other multiples: P/B 3.1, P/S 0.9, EV/EBITDA 6.0.
How solid is the balance sheet of SAUDI MANPOWER SOLUTIONS CO. (1834)?
Balance-sheet figures for SAUDI MANPOWER SOLUTIONS CO. (as of Oct 29, 2026): return on equity 27.1%. They feed the Quality Score of 68/100, which measures business quality independently of the share price.
How far is 1834 from its 52-week high?
SAUDI MANPOWER SOLUTIONS CO. trades at 5.01 SAR, about 23% below its 52-week high of 6.48 SAR and 11% above the low of 4.50 SAR (as of Oct 28, 2026). Distance from the high says nothing about value: that is what the fair value of 5.65 SAR is for.
Which stocks are comparable to SAUDI MANPOWER SOLUTIONS CO.?
From the same area (Industrials) we also value Adecco Group, Robert Half Inc, Korn Ferry,, TriNet 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 SAUDI MANPOWER SOLUTIONS CO. stock attractive at the current price?
The data as of Oct 29, 2026: price 5.01 SAR, calculated fair value 5.65 SAR (+13%), Quality Score 68/100, from 25 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 1834 calculated?
We run SAUDI MANPOWER SOLUTIONS CO. through 25 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 5.65 SAR, 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 13.4 % above its aggregate fair value. SAUDI MANPOWER SOLUTIONS CO. currently trades 11 % 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 SAUDI MANPOWER SOLUTIONS CO. (1834)?
The closing price on Oct 28, 2026 was 5.01 SAR. Our model-based fair value is 5.65 SAR, about +13% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with SAUDI MANPOWER SOLUTIONS CO. right now?
A fairly wide model range (3.93 SAR to 7.83 SAR) leaves room in how you read the outcome. The price sits in the lower half of our model range, the side with the larger margin of safety. The data supports the verdict: every model runs on fully documented inputs.
Key figures of SAUDI MANPOWER SOLUTIONS CO.
How large is the market capitalisation of SAUDI MANPOWER SOLUTIONS CO. (1834)?
The market capitalisation of SAUDI MANPOWER SOLUTIONS CO. is 2.0B SAR (≈ $529M). 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 SAUDI MANPOWER SOLUTIONS CO. (1834)?
The price-to-sales ratio of SAUDI MANPOWER SOLUTIONS CO. is 0.90 (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 SAUDI MANPOWER SOLUTIONS CO. (1834)?
Earnings per share at SAUDI MANPOWER SOLUTIONS CO. are 0.4400 SAR (price ÷ EPS = P/E 11.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of SAUDI MANPOWER SOLUTIONS CO. (1834)?
The dividend yield of SAUDI MANPOWER SOLUTIONS CO. is 3.0% (payout 34.1%). 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 SAUDI MANPOWER SOLUTIONS CO. (1834)?
The net margin of SAUDI MANPOWER SOLUTIONS CO. is 7.9% (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 SAUDI MANPOWER SOLUTIONS CO. (1834)?
The return on equity (ROE) of SAUDI MANPOWER SOLUTIONS CO. is 27.1% (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 SAUDI MANPOWER SOLUTIONS CO. (1834)?
On an EBIT basis the return on assets of SAUDI MANPOWER SOLUTIONS CO. is 15.0% (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 SAUDI MANPOWER SOLUTIONS CO. (1834)?
The operating margin of SAUDI MANPOWER SOLUTIONS CO. is 8.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at SAUDI MANPOWER SOLUTIONS CO. (1834)?
Revenue at SAUDI MANPOWER SOLUTIONS CO. is growing +11.1% versus a year earlier (3y avg +4.4%). 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 SAUDI MANPOWER SOLUTIONS CO. (1834)?
Earnings per share at SAUDI MANPOWER SOLUTIONS CO. are growing +51.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does SAUDI MANPOWER SOLUTIONS CO. (1834) hold?
SAUDI MANPOWER SOLUTIONS CO. holds more cash than debt, 9.4M SAR net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch SAUDI MANPOWER SOLUTIONS CO. in the live analysis
One click puts SAUDI MANPOWER SOLUTIONS CO. on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 28,000+ stock screener.
Broad data
Oct 29, 2026