Miahona Company (2084) Fair Value & Analysis
Industrials · SA · Market cap 2.0B SAR
Fair value as of: Aug 4, 2026
From 26 valuation models · updated today
Share price −16.1% over the past month.
Below-average quality, and screening another 40% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (9.56 SAR). The favourable scenario is already priced in.
- Solid but not exceptional quality (45/100) and above fair value, neither a clear bargain nor a standout compounder.
Price vs Fair Value (2 years)
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
26‑month range 12.15 SAR – 43.41 SAR · fair‑value band 5.74 SAR – 9.56 SAR · the 12.68 SAR price screens above the 7.65 SAR fair value. Dashed = 300-day average. As of Aug 4, 2026.
Analysis
Miahona Company (2084) currently trades at 12.68 SAR, while our model-based Fair Value estimate is 7.65 SAR, implying the stock looks roughly 39.7% overvalued today. We read business quality at 45/100 (below-average quality), in the Industrials 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, Miahona Company generated revenue of 642M SAR at a net margin of 2.1%. Revenue declined 32.8% year over year. It earns a return on equity of 3.5%. Net debt stands at 527M SAR. Fundamentals as of Aug 4, 2026
Our scenario range runs from 5.74 SAR (bear case) to 9.56 SAR (bull case); at 12.68 SAR, the current price sits above that range. The share trades about 54% below its 52-week high and 5% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -14% fair-value upside, at -40%, 2084 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.
All 26 models by family
Widest divergence: Growth Earnings (18.00 SAR) versus Dividend Discount (1.51 SAR). Highest evidence: Growth DCF (80).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 4, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 57 · Market factors (momentum, volatility) 28
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
Miahona Company Limited provides water facilities and water treatment services in the Kingdom of Saudi Arabia. It engages in the production, transportation, and distribution of water; construction of the non-residential buildings, such as schools, hospitals, hotels, etc.; construction, operation, and maintenance of water desalination stations and plants, …
Full company description
Miahona Company Limited provides water facilities and water treatment services in the Kingdom of Saudi Arabia. It engages in the production, transportation, and distribution of water; construction of the non-residential buildings, such as schools, hospitals, hotels, etc.; construction, operation, and maintenance of water desalination stations and plants, water and wastewater networks, and torrents networks; developing and operating of industrial cities; and constructing and operating of electricity stations. The company is also involved in the purchase of lands for constructions; developing and investing in buildings by sale and rent; drilling of various water wells; construction, operation, repair, and maintenance of sewer systems or sewer treatment facilities, sewage disposals plants, and pumping stations; construction of utility projects; and operation and maintenance of water supply, sanitation, waste management, and treatment activities. In addition, it engages in water technology and re-use of water activities; and recycling of water treatment and networks, as well as undertakes public construction contracting, piping, electrical, mechanical, maintenance, operation, and road works. Further, the company engages in building construction and electrical installations. The company was incorporated in 2008 and is headquartered in Riyadh, the Kingdom of Saudi Arabia. Miahona Company Limited operates as a subsidiary of Vision International Investment Company.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Miahona Company reported revenue of 700M SAR in FY2025 versus 256M SAR in FY2021, a compound +28.6%/yr. Reported net income was 72.4M SAR in FY2025, compounding +30.0%/yr from FY2021.
2084 screens 40% overvalued. Compare with CITIC Limited →
Peer Group
Conglomerates · 374 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.
Valuation Multiples vs Conglomerates median · lower = cheaper
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: the price sits above our fair-value range.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Conglomerates stocks, each showing price versus our Fair Value estimate (as of Aug 4, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| CITIC Limited 0267 | HK$11.28 | HK$22.56 | +100% |
| Swire Pacific Limited 0019 | HK$99.50 | HK$16.77 | -83% |
| SK Inc 034730 | 580,000 KRW | 497,919 KRW | -14% |
| PT Astra International Tbk, ASII | 4,810 IDR | 9,620 IDR | +100% |
| Grupo Carso, S.A. GCARSOA1 | 127.02 MXN | 66.21 MXN | -48% |
| The Siam Cement Public Company SCC | 254.00 THB | 199.40 THB | -21% |
| SRF Limited SRF | ₹2,875 | ₹1,053 | -63% |
| Empresas Copec S.A COPEC | 6,330 CLP | 10,879 CLP | +72% |
| Posco International Corporation 047050 | 50,900 KRW | 61,248 KRW | +20% |
| Tube Investments of India Limited TIINDIA | ₹2,940 | ₹559.30 | -81% |
Compare Miahona Company with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Industrials stocks →
Frequently asked questions
Is Miahona Company (2084) overvalued or undervalued?
What is the fair value of 2084?
What is the quality score of 2084?
What is the revenue of Miahona Company (2084)?
What is the net profit margin of 2084?
Does Miahona Company pay a dividend?
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.
Track Miahona 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.