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Advanced Building Industries Co (2240) Fair Value & Analysis

Industrials · SA · Market cap 1.7B SAR

AB Advanced Building Industries Co 2240 · SR
Price27.68 SAR
Fair Value27.95 SAR
Upside+1.0%
Quality44/100
Expensive Growth
Thin margins · 1.8% net margin
Low debt · negative free cash flow
Mixed vs. peers (6/12)
Moderate moat 46/100
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Evidence: Medium Range 19.57 SAR – 39.28 SAR Share as image

Fair value as of: Aug 5, 2026

From 14 valuation models · updated today

Share price −18.4% over the past month.

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

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (19.57 SAR to 39.28 SAR) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

48.00 SAR 13.16 SAR Fair Value 27.95 SAR Apr 2020 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 5, 2026.

How to read this chart

60‑month range 13.16 SAR – 48.00 SAR · fair‑value band 19.57 SAR – 39.28 SAR · the 27.68 SAR price screens below the 27.95 SAR fair value. Dashed = 300-day average. As of Aug 5, 2026.

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Analysis

Advanced Building Industries Co (2240) currently trades at 27.68 SAR, while our model-based Fair Value estimate is 27.95 SAR, implying the stock looks roughly 1.0% fairly valued today. We read business quality at 44/100 (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: medium), always confirm before acting.

Over the trailing twelve months, Advanced Building Industries Co generated revenue of 6.0B SAR at a net margin of 1.8%. Revenue declined 11.3% year over year. It earns a return on equity of 27.6%. Net debt stands at 1.9B SAR. Fundamentals as of Aug 5, 2026

Our scenario range runs from 19.57 SAR (bear case) to 39.28 SAR (bull case); at 27.68 SAR, the current price sits within that range. The share trades about 37% 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 -33% fair-value upside, at 1%, 2240 screens cheaper 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 9.57 SAR 12.59 SAR 34.71 SAR 76
ROIC Compounder 33.15 SAR 38.23 SAR 42.94 SAR 72
Growth-Adj P/E 18.69 SAR 26.70 SAR 34.71 SAR 68
All 14 models by family
DCF Models
Owner Earnings 5.20 SAR 6.44 SAR 7.95 SAR 31
Earnings-Based
Graham-Dodd 11.45 SAR 24.53 SAR 31.15 SAR 54
PEG = 1.0 3.77 SAR 5.39 SAR 7.00 SAR 46
EPV 32.50 SAR 36.75 SAR 40.28 SAR 59
Multiples
P/E Multiple 25.26 SAR 33.68 SAR 42.09 SAR 63
P/S Multiple 21.47 SAR 28.62 SAR 35.78 SAR 58
P/B Multiple 20.54 SAR 27.39 SAR 34.24 SAR 55
EV/EBIT 61.00 SAR 80.87 SAR 100.75 SAR 53
EV/EBITDA 61.76 SAR 81.89 SAR 102.02 SAR 54
EV/Revenue 41.56 SAR 58.79 SAR 76.01 SAR 43
Asset-Based
NCAV (Graham) 4.56 SAR 6.12 SAR 9.13 SAR 50
Economic Profit
Residual Income 9.57 SAR 12.59 SAR 34.71 SAR 76
ROIC Compounder 33.15 SAR 38.23 SAR 42.94 SAR 72
Growth Earnings
Growth-Adj P/E 18.69 SAR 26.70 SAR 34.71 SAR 68

Widest divergence: Multiples (33.68 SAR) versus Asset-Based (6.12 SAR). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 6.0B SAR
Revenue growth (YoY) -11.3%
Net margin 1.8%
Return on equity 27.6%
Free cash flow −56.2M SAR FY2025
P/E ratio 15.4
More key figures
Operating margin 6.2%
EPS (TTM) 1.80 SAR
EPS growth (YoY) +30.0%
Net debt 1.9B SAR FY2025

Figures from reported company fundamentals · as of Aug 5, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 44/100

Of which business quality 45 · Market factors (momentum, volatility) 29

Profitability 45
Margins and returns on capital today
Quality Growth 60
Are margins and returns improving?
Cashflow 21
Earnings quality: real cash, not paper profit
Fin. Strength 9
Balance sheet, leverage, solvency risk
Investment 98
Disciplined investing over empire-building
Low Volatility 76
Calm price path (market factor)
Momentum 12
Price trend over the last 3–12 months (market factor)
52W Momentum 4
Distance to the 52-week high (market factor)
Net Issuance 78
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

Advanced Building Industries Co. engages in the design and engineering, manufacturing, and fabrication of construction materials, pre-engineering steel buildings, steel structures, air conditions, and climate control systems. It operates through four segments: Air Conditioners Industry, Steel Industry, Insulation Industry, and Corporate and Others.

Full company description

Advanced Building Industries Co. engages in the design and engineering, manufacturing, and fabrication of construction materials, pre-engineering steel buildings, steel structures, air conditions, and climate control systems. It operates through four segments: Air Conditioners Industry, Steel Industry, Insulation Industry, and Corporate and Others. The Air Conditioners Industry segment produces window, split, and central air conditioners; electrical and gas ovens; automatic dryers; microwave ovens; air conditioning ducts/channels; household refrigerators; and automatic washing machines, as well as engages in the installation, maintenance, operation, and leasing of air conditioning and refrigeration systems. The Steel Industry segment engages in constructing, managing, and operating industrial projects, airports, and warehouses; constructing and providing fire protection services for building and structures; building, repairing, and maintaining the communication towers. This segment is involved in the business of steel sheets works, heavy equipment and spare parts, and storage tanks; installation of containers and pumps; and implementation of electric works. The Insulation Industry segment engages in the production of insulation products, including fiberglass for thermal insulation of central air conditioners, pre-insulated pipes, glass wool, rock wool, and engineering plastic foam insulations. The Corporate and Others segment is involved in training and investment activities. It caters commercial, industrial, and residential applications, as well as telecom and broadcasting towers, process equipment, fiberglass, rockwool and engineering plastic foam insulation, and solar power projects in Saudi Arabia, other Asian countries, and Africa. The company was formerly known as Zamil Industrial Investment Company and changed its name to Advanced Building Industries Co. in October 2025. The company was founded in 1974 and is headquartered in Dammam, Saudi Arabia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Advanced Building Industries Co reported revenue of 6.2B SAR in FY2025 versus 3.5B SAR in FY2021, a compound +15.2%/yr. Reported net income was 101M SAR in FY2025.

Growth Quality 61/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
6.2B SAR
Latest YoY
+1.8%
Avg. growth/yr (3Y)
+16.5%
Avg. growth/yr (5Y)
+12.9%
Avg. growth/yr (19Y)
+4.1%
Revenue +15.2%/yr
FY21 3.5B SAR
FY22 3.9B SAR
FY23 4.7B SAR
FY24 6.1B SAR
FY25 6.2B SAR
Net income
FY21 −150M SAR
FY22 −170M SAR
FY23 −298M SAR
FY24 26.8M SAR
FY25 101M SAR

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Cite: Fair Value Calculator (2026). "Advanced Building Industries Co Fair Value". https://www.fairvalue-calculator.com/stock/2240

Peer Group

Building Products & Equipment · 257 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 44 · Below median
Fair Value upside +1% · Above median
Return on equity (TTM) 28% · Top 25%
Return on assets 3% · Below median
Net margin (TTM) 2% · Below median
Operating margin (TTM) 6% · Below median
Revenue growth -11% · Bottom 25%
Debt / equity 0.40× · Higher than median

Valuation Multiples vs Building Products & Equipment median · lower = cheaper

P/E (TTM) 15.4× · Cheaper than median
P/B 0.81× · Cheaper than median
P/S (TTM) 0.07× · Cheaper than 75% of peers
EV/EBITDA 1.0× · 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 35 · sector 0
FUTURE 0 · sector 9
PAST 100 · sector 23
HEALTH 80 · sector 94
DIVIDEND 0 · sector 27

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 Building Products & Equipment stocks, each showing price versus our Fair Value estimate (as of Aug 5, 2026).

Stock Price Fair Value vs Fair Value
Trane Technologies plc TT $469.98 $212.34 -55%
Johnson Controls International plc JCI $142.81 $45.65 -68%
Carrier Global Corporation CARR $68.61 $17.35 -75%
Compagnie de Saint-Gobain S.A SGO €76.62 €101.60 +33%
Geberit AG GEBN CHF 523.20 CHF 307.66 -41%
Lennox International Inc LII $543.93 $363.09 -33%
Kingspan Group KRX €87.30 €70.76 -19%
Masco Corporation MAS $78.04 $54.36 -30%
PT Impack Pratama Industri Tbk, IMPC 1,420 IDR 179.76 IDR -87%
NIBE Industrier AB NIBEB kr 36.03 kr 25.37 -30%

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Frequently asked questions

Is Advanced Building Industries Co (2240) overvalued or undervalued?
As of Aug 5, 2026, our model estimates a fair value of 27.95 SAR versus a price of 27.68 SAR, about +1% (fairly valued).
What is the fair value of 2240?
Our model-based fair value for Advanced Building Industries Co is 27.95 SAR (as of Aug 5, 2026), built from audited fundamentals. The current price is 27.68 SAR.
What is the quality score of 2240?
Advanced Building Industries Co has a Quality Score of 44/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Advanced Building Industries Co (2240)?
Advanced Building Industries Co reported trailing-twelve-month revenue of about 6.0B SAR (latest available figure, as of Aug 5, 2026).
What is the net profit margin of 2240?
The net profit margin of Advanced Building Industries Co is about 1.8%, meaning it keeps roughly 1.8% of revenue as net income. 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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