National Gas & Industrialization Co (2080) fair value: what the stock is really worth
As of Nov 1, 2026: fair value (intrinsic value) of National Gas & Industrialization Co stock SAR 32.74, price SAR 55.10, that is 40.6% below the price, quality 64 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Oct 30, 2026.
How to read this chart
60‑month range 22.78 SAR – 109.29 SAR · fair‑value band 21.17 SAR – 47.26 SAR · the 55.10 SAR price screens above the 32.74 SAR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Oct 30, 2026.
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National Gas and Industrialization Company engages in exploits, manufactures, and markets various kinds of gas and its derivatives, and industrial gases in the Kingdom of Saudi Arabia and internationally.
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It manufactures, sells, and maintains cages, cylinders, tanks, and accessories; maintenance of gas networks and accessories; and manufactures, transports, and markets petroleum, chemical, and petrochemical and glass products.
The company also establishes or participates in the production of energy, water treatment, and environmental services. In addition, it is involved in the establishment, building, and maintenance of liquefied petroleum gas (LPG) networks and tanks; and development of LPG products and solutions.
Further, the company offers technical and engineering consulting services, and training related to gas and energy works; and acquires and invests in real estate, as well as purchases land for the construction of buildings for lease and sale.
The company was founded in 1961 and is based in Riyadh, the Kingdom of Saudi Arabia.
Stock analysis
National Gas & Industrialization Co (2080) currently trades at 55.10 SAR, while our model-based Fair Value estimate is 32.74 SAR, 40.6% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of 51.57 SAR per share, and 3 of the 26 models we run sit above the 55.10 SAR price.
Bear case: the Asset-Based group reads lowest at 16.88 SAR, and 23 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: 21.17 SAR (bear) to 47.26 SAR (bull), the price of 55.10 SAR sits above 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 64/100 (solid quality), in the Energy sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
National Gas & Industrialization Co reported revenue of 3.3B SAR in FY2025 versus 1.9B SAR in FY2021, a compound +14.5%/yr. Reported net income was 249M SAR in FY2025, compounding +5.5%/yr from FY2021.
Key figures
Market cap 4.1B SAR (≈ $1.1B) Small · P/E ratio 15.1 · P/S ratio 1.17 · EPS (TTM) 3.66 SAR · Dividend yield 4.8% · Net margin 7.8% · Return on equity 13.2% · Return on assets (EBIT) 6.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 52 out of 100 (low confidence).
What moves the price
The share trades about 39% below its 52-week high and 4% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Energy peers we cover trades at −22% fair-value upside, at −41%, 2080 screens richer than that median.
Fair Value models
Bear21.17 SARFair Value 32.74 SARBull47.26 SAR
Price 55.10 SAR · Upside -40.6%
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 (0.8467 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.73/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+14.2%
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.
+16.6%
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.
+10.7%
Start year 2020 (pandemic). Over 10 years: +5.5% a year
Revenue growth 19 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.
+4.8%
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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.
+9.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year+4.3%
Dividend (yield on the price)4.8%
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.4.3% vs 5.5%, steady
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.2% → 6%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than 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).
+18.7%
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 +16.3% a year for the price.
Compare National Gas & Industrialization Co with another stock
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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.Oil & Gas Integrated · 42 stocks
Beats the industry median on 5/14 measures
Overall it trails its industry peers.
Valuation
Quality Score64 · Top 25%
Fair Value upside−40.6% · Below median
Profitability
Return on equity (12 months)13.2% · Above median
Return on assets8.9% · Top 25%
Net margin (12 months)7.8% · Below median
Operating margin (12 months)12.2% · Below median
Growth and dividend
Revenue growth (quarter YoY)19.6% · Below median
Dividend yield (12 months)4.8% · Above median
Balance sheet
Debt / equity0.02× · Lowest 25%
Valuation Multiplesvs Oil & Gas Integrated median · lower = cheaper
P/E (12 months)15.1× · Pricier than median
P/B2.10× · Pricier than median
P/S (12 months)1.17× · Pricier than median
Price / free cash flow31.5× · Priciest 25%
EV/EBITDA12.7× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 7
FUTURE (revenue growth)98· sector 100
PAST (return on equity)53· sector 53
HEALTH (low debt)99· sector 86
DIVIDEND (yield)96· sector 69
VALUE 0: the price sits above our fair-value range.
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). "National Gas & Industrialization Co Fair Value". https://www.fairvalue-calculator.com/stock/2080
Frequently asked questions
Is National Gas & Industrialization Co (2080) overvalued or undervalued?
As of Oct 30, 2026, our model estimates a fair value of 32.74 SAR versus a price of 55.10 SAR, about 41% lower (overvalued).
What is the fair value of 2080?
Our model-based fair value for National Gas & Industrialization Co is 32.74 SAR (as of Oct 30, 2026), built from audited fundamentals. The current price: 55.10 SAR.
What is the quality score of 2080?
National Gas & Industrialization Co has a Quality Score of 64/100. 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 National Gas & Industrialization Co (2080)?
Our model-based price target is the fair value of 32.74 SAR (as of Oct 30, 2026) from 26 valuation models. Cautious scenario 21.17 SAR, optimistic scenario 47.26 SAR. It is a calculation from audited fundamentals, not an analyst target.
What is the National Gas & Industrialization Co stock forecast for 2026?
Our models put fair value at 32.74 SAR, about 41% lower versus a price of 55.10 SAR (overvalued). Cautious scenario 21.17 SAR, optimistic scenario 47.26 SAR. The calculation is refreshed regularly with new filings.
What is the revenue of National Gas & Industrialization Co (2080)?
National Gas & Industrialization Co reported trailing-twelve-month revenue of about 3.5B SAR (latest available figure, as of Oct 30, 2026).
Does National Gas & Industrialization Co pay a dividend?
National Gas & Industrialization Co currently shows a dividend yield of 4.81% relative to its recent price (as of Oct 30, 2026).
What growth is priced into National Gas & Industrialization Co (2080)?
For today's price to be fair in a discounted-cash-flow model, National Gas & Industrialization Co would have to grow free cash flow by +18.7 % 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 +10.7 % per year. As of Oct 30, 2026.
What discount rate (WACC) does the fair value of 2080 use?
Our models discount National Gas & Industrialization Co at 10.3 %: a base by market capitalisation (small), damped by beta 0.19, 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 National Gas & Industrialization Co that is +18.7 % 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 National Gas & Industrialization Co (2080) delivered so far?
Over the past 5 years revenue at National Gas & Industrialization Co grew +10.7 % a year. The price currently implies +18.7 % 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 National Gas & Industrialization Co (2080) growing?
The median revenue growth in the sector is +4.0 % a year. That is the yardstick for the growth priced into National Gas & Industrialization Co (+18.7 % 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 National Gas & Industrialization Co (2080)?
The free-cash-flow yield on the price is 3.17 %: that much free cash flow National Gas & Industrialization 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 National Gas & Industrialization Co (2080)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For National Gas & Industrialization Co it is 32.74 SAR per share (as of Oct 30, 2026), against a price of 55.10 SAR. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is National Gas & Industrialization Co stock overvalued or undervalued in 2026?
As of Oct 30, 2026, 2080 trades above its calculated fair value: price 55.10 SAR, fair value 32.74 SAR, a gap of about −41% (overvalued). 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 2080?
No. The price is what the market pays today (55.10 SAR); the fair value is what the company's own numbers justify (32.74 SAR). For National Gas & Industrialization Co the two are 22.36 SAR per share apart. That gap is exactly why we show both numbers side by side.
How much is National Gas & Industrialization Co worth?
The market values National Gas & Industrialization Co at about 4.1B SAR (market capitalisation, as of Oct 30, 2026). Per share that is 55.10 SAR; our models calculate a fair value of 32.74 SAR per share.
What do the bullish and bearish scenarios say about 2080?
Our models span a range for National Gas & Industrialization Co: cautious scenario 21.17 SAR, base 32.74 SAR, optimistic 47.26 SAR per share (as of Oct 30, 2026, price 55.10 SAR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 2080?
National Gas & Industrialization Co trades at a price-to-earnings ratio of 15.1 (as of Oct 30, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 32.74 SAR is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 18.1. Other multiples: P/B 2.1, P/S 1.2, EV/EBITDA 12.7.
How solid is the balance sheet of National Gas & Industrialization Co (2080)?
Balance-sheet figures for National Gas & Industrialization Co (as of Oct 30, 2026): return on equity 13.2%, debt of 0.02 per unit of equity. They feed the Quality Score of 64/100, which measures business quality independently of the share price.
How far is 2080 from its 52-week high?
National Gas & Industrialization Co trades at 55.10 SAR, about 39% below its 52-week high of 90.99 SAR and 4% above the low of 52.90 SAR (as of Nov 1, 2026). Distance from the high says nothing about value: that is what the fair value of 32.74 SAR is for.
Which stocks are comparable to National Gas & Industrialization Co?
From the same area (Energy) we also value Saudi Arabian Oil Company, Exxon Mobil Corporation, Chevron Corporation, PetroChina Company, 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 National Gas & Industrialization Co stock attractive at the current price?
The data as of Oct 30, 2026: price 55.10 SAR, calculated fair value 32.74 SAR (−41%), Quality Score 64/100, from 26 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 2080 calculated?
We run National Gas & Industrialization Co through 26 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 32.74 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 14.9 % above its aggregate fair value. National Gas & Industrialization Co itself currently trades above fair value. 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 National Gas & Industrialization Co (2080)?
The closing price on Nov 1, 2026 was 55.10 SAR. Our model-based fair value is 32.74 SAR, about 41% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with National Gas & Industrialization Co right now?
The price sits above even our optimistic bull case (47.26 SAR). The favourable scenario is already priced in. Solid but not exceptional quality (64/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (21.17 SAR to 47.26 SAR) leaves room in how you read the outcome.
Where does the earnings growth of National Gas & Industrialization Co (2080) come from?
Earnings per share at National Gas & Industrialization Co grew +5.7 % a year from 2014 to 2025. Broken into its drivers: revenue per share +4.7 %, EBIT margin −3.6 %, tax rate +0.4 %, residual (interest, one-offs) +4.3 %. 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 National Gas & Industrialization Co
How large is the market capitalisation of National Gas & Industrialization Co (2080)?
The market capitalisation of National Gas & Industrialization Co is 4.1B SAR (≈ $1.1B). 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 National Gas & Industrialization Co (2080)?
The price-to-sales ratio of National Gas & Industrialization Co is 1.17 (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 National Gas & Industrialization Co (2080)?
Earnings per share at National Gas & Industrialization Co are 3.66 SAR (price ÷ EPS = P/E 15.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of National Gas & Industrialization Co (2080)?
The dividend yield of National Gas & Industrialization Co is 4.8% (payout 72.4%). 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 National Gas & Industrialization Co (2080)?
The net margin of National Gas & Industrialization Co is 7.8% (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 National Gas & Industrialization Co (2080)?
The return on equity (ROE) of National Gas & Industrialization Co is 13.2% (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 National Gas & Industrialization Co (2080)?
On an EBIT basis the return on assets of National Gas & Industrialization Co is 6.9% (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 National Gas & Industrialization Co (2080)?
The operating margin of National Gas & Industrialization Co is 12.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at National Gas & Industrialization Co (2080)?
Revenue at National Gas & Industrialization Co is growing +19.6% versus a year earlier (3y avg +16.6%). 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 National Gas & Industrialization Co (2080)?
Earnings per share at National Gas & Industrialization Co are growing +9.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does National Gas & Industrialization Co (2080) hold?
National Gas & Industrialization Co holds more cash than debt, 45.4M SAR net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Broad data
Oct 30, 2026