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Wafrah for Industry and Development Company (2100) Fair Value & Analysis

Consumer Defensive · SA · Market cap 486M SAR

WF Wafrah for Industry and Development Company 2100 · SR
Price20.98 SAR
Fair Value0.0100 SAR
Upside-100.0%
Quality29/100
Expensive Growth
Loss-making · -69.9% net margin
Low debt · negative free cash flow
Trails peers (2/9)
Narrow moat 0/100
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Evidence: Low Range 0.0100 SAR – 0.0200 SAR Share as image

Fair value as of: Aug 4, 2026

From 3 valuation models · updated today

Share price −11.3% over the past month.

Below-average quality, and screening another 100% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (0.0200 SAR). The favourable scenario is already priced in.
  • Weak quality (29/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (0.0100 SAR to 0.0200 SAR) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

79.54 SAR 11.87 SAR Fair Value 0.0100 SAR Apr 2020 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

60‑month range 11.87 SAR – 79.54 SAR · fair‑value band 0.0100 SAR – 0.0200 SAR · the 20.98 SAR price screens above the 0.0100 SAR fair value. Dashed = 300-day average. As of Aug 4, 2026.

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

Analysis

Wafrah for Industry and Development Company (2100) currently trades at 20.98 SAR, while our model-based Fair Value estimate is 0.0100 SAR, implying the stock looks roughly 100.0% overvalued today. We read business quality at 29/100 (below-average quality), in the Consumer Defensive 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: low).

Over the trailing twelve months, Wafrah for Industry and Development Company generated revenue of 88.6M SAR at a net margin of -69.9%. Revenue declined 60.2% year over year. It earns a return on equity of -29.2%. The balance sheet holds a net cash position of 7.6M SAR. Fundamentals as of Aug 4, 2026

Our scenario range runs from 0.0100 SAR (bear case) to 0.0200 SAR (bull case); at 20.98 SAR, the current price sits above that range. The share trades about 30% below its 52-week high and 22% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -11% fair-value upside, at -100%, 2100 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
Gordon GGM 0.0100 SAR 0.0100 SAR 0.0200 SAR 70
DDM Multi-Stage 0.0100 SAR 0.0100 SAR 0.0100 SAR 61
NCAV (Graham) 4.13 SAR 5.53 SAR 8.25 SAR 50
All 3 models by family
Dividend Discount
Gordon GGM 0.0100 SAR 0.0100 SAR 0.0200 SAR 70
DDM Multi-Stage 0.0100 SAR 0.0100 SAR 0.0100 SAR 61
Asset-Based
NCAV (Graham) 4.13 SAR 5.53 SAR 8.25 SAR 50

Widest divergence: Asset-Based (5.53 SAR) versus Dividend Discount (0.0100 SAR). Highest evidence: Gordon GGM (70).

Key figures & financial health

Revenue (TTM) 88.6M SAR
Revenue growth (YoY) -60.2%
Net margin -69.9%
Return on equity -29.2%
Free cash flow −5.5M SAR FY2025
Operating margin -36.8%
More key figures
EPS (TTM) -2.67 SAR
EPS growth (YoY) -58.0%
Net cash 7.6M SAR FY2024

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

Quality Score breakdown

Overall quality 29/100

Of which business quality 30 · Market factors (momentum, volatility) 39

Profitability 5
Margins and returns on capital today
Quality Growth 0
Are margins and returns improving?
Cashflow 8
Earnings quality: real cash, not paper profit
Fin. Strength 64
Balance sheet, leverage, solvency risk
Investment 88
Disciplined investing over empire-building
Low Volatility 67
Calm price path (market factor)
Momentum 33
Price trend over the last 3–12 months (market factor)
52W Momentum 19
Distance to the 52-week high (market factor)
Net Issuance 35
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

Wafrah for Industry and Development Company produces, markets, manufactures, and sells of food products in the Kingdom of Saudi Arabia. The company operates through Pasteries Sector, Vegetable Sector, Breakfast Cereals Sector, and Meat Sector segments.

Full company description

Wafrah for Industry and Development Company produces, markets, manufactures, and sells of food products in the Kingdom of Saudi Arabia. The company operates through Pasteries Sector, Vegetable Sector, Breakfast Cereals Sector, and Meat Sector segments. It offers breakfast cereal products, including spices, salted peanuts, corn flakes, and peanut products; meat products, such as frozen and chilled meat, minced chicken, chicken sausages, burgers; pasta products; and frozen potatoes, as well as potato chips. It markets its products under the Wafrah, Mako, Saudi Garden, and Aghsan brand names. The company was formerly known as Food Products Company and changed its name to Wafrah for Industry and Development Company in 2014. Wafrah for Industry and Development Company was founded in 1989 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

Wafrah for Industry and Development Company reported revenue of 123M SAR in FY2025 versus 65.0M SAR in FY2021, a compound +17.3%/yr. Reported net income was −46.8M SAR in FY2025.

Growth Quality 24/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
123M SAR
Latest YoY
−23.8%
Avg. growth/yr (3Y)
−3.0%
Avg. growth/yr (5Y)
+8.0%
Avg. growth/yr (16Y)
+3.5%
Revenue +17.3%/yr
FY21 65.0M SAR
FY22 135M SAR
FY23 162M SAR
FY24 162M SAR
FY25 123M SAR
Net income
FY21 −10.9M SAR
FY22 19.0M SAR
FY23 21.0M SAR
FY24 5.0M SAR
FY25 −46.8M SAR

2100 screens 100% overvalued. Compare with Nestlé India Limited →

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Cite: Fair Value Calculator (2026). "Wafrah for Industry and Development Company Fair Value". https://www.fairvalue-calculator.com/stock/2100

Peer Group

Packaged Foods · 669 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 29 · Bottom 25%
Return on assets -12% · Bottom 25%
Net margin (TTM) -70% · Bottom 25%
Operating margin (TTM) -37% · Bottom 25%
Revenue growth -60% · Bottom 25%
Debt / equity 0.04× · Lower than median

Valuation Multiples vs Packaged Foods median · lower = cheaper

P/B 0.68× · Cheaper than 75% of peers
P/S (TTM) 1.46× · Pricier than median

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 · sector 25
FUTURE 0 · sector 20
PAST 0 · sector 27
HEALTH 98 · sector 96
DIVIDEND 0 · sector 46

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.

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 Packaged Foods stocks, each showing price versus our Fair Value estimate (as of Aug 4, 2026).

Stock Price Fair Value vs Fair Value
Nestlé India Limited NESTLEIND ₹1,427 ₹362.37 -75%
Uni-President Enterprises Corp 1216 79.00 TWD 68.72 TWD -13%
Britannia Industries Limited BRITANNIA ₹5,413 ₹1,870 -65%
Tata Consumer Products Limited TATACONSUM ₹1,089 ₹327.27 -70%
PT Indofood CBP Sukses Makmur Tbk ICBP 6,650 IDR 15,757 IDR +137%
Samyang Foods Co 003230 1,139,000 KRW 1,010,543 KRW -11%
Patanjali Foods Limited PATANJALI ₹413.80 ₹157.04 -62%
Vietnam Dairy Products Joint Stock Company VNM 58,500 VND 68,259 VND +17%
PT Mayora Indah Tbk, MYOR 1,750 IDR 2,699 IDR +54%
PT Cisarua Mountain Dairy Tbk CMRY 4,490 IDR 4,355 IDR -3%

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Frequently asked questions

Is Wafrah for Industry and Development Company (2100) overvalued or undervalued?
As of Aug 4, 2026, our model estimates a fair value of 0.0100 SAR versus a price of 20.98 SAR, about −100% (overvalued).
What is the fair value of 2100?
Our model-based fair value for Wafrah for Industry and Development Company is 0.0100 SAR (as of Aug 4, 2026), built from audited fundamentals. The current price is 20.98 SAR.
What is the quality score of 2100?
Wafrah for Industry and Development Company has a Quality Score of 29/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Wafrah for Industry and Development Company (2100)?
Wafrah for Industry and Development Company reported trailing-twelve-month revenue of about 88.6M SAR (latest available figure, as of Aug 4, 2026).
What is the net profit margin of 2100?
The net profit margin of Wafrah for Industry and Development Company is about -69.9%, meaning it is currently running at a net loss. Based on the latest reported figures.

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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