Northern Region Cement Company (3004) Fair Value & Analysis
Basic Materials · SA · Market cap 1.2B SAR
Fair value as of: Jul 31, 2026
From 15 valuation models · updated today
Share price −4.9% over the past month.
Price vs Fair Value (12 months)
12‑month range 6.40 SAR – 8.17 SAR · fair‑value band 5.40 SAR – 8.96 SAR · the 6.40 SAR price screens below the 7.19 SAR fair value. As of Jul 31, 2026.
✦ Which stocks are undervalued right now? Check free Discover now →Analysis
Northern Region Cement Company (3004) currently trades at 6.40 SAR, while our model-based Fair Value estimate is 7.19 SAR, implying the stock looks roughly 12.3% undervalued today. We read business quality at 42/100 (below-average quality), in the Basic Materials 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: high), always confirm before acting.
Over the trailing twelve months, Northern Region Cement Company generated revenue of 714M SAR at a net margin of 8.4%. Revenue grew 21.2% year over year. It earns a return on equity of 2.6%. Net debt stands at 1.0B SAR. Fundamentals as of Jul 31, 2026
Our scenario range runs from 5.40 SAR (bear case) to 8.96 SAR (bull case); at 6.40 SAR, the current price sits within that range. The share trades about 22% below its 52-week high and 1% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -55% fair-value upside, at 12%, 3004 screens cheaper than that median.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 31, 2026. TTM = trailing twelve months.
Quality Score breakdown
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
Northern Region Cement Company, together with its subsidiaries, engages in the production and sale of portland cement in Saudi Arabia, the Hashemite Kingdom of Jordan, and the Republic of Iraq. The company offers white cement, Portland cement, and clinker.
Full company description
Northern Region Cement Company, together with its subsidiaries, engages in the production and sale of portland cement in Saudi Arabia, the Hashemite Kingdom of Jordan, and the Republic of Iraq. The company offers white cement, Portland cement, and clinker. It is also involved in wholesale and retail of cement, building materials, such as cement, concrete blocks, gypsum, cement tiles; and rock cutting business using explosive materials. Northern Region Cement Company was incorporated in 2006 and is headquartered in Riyadh, Saudi Arabia.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Northern Region Cement Company reported revenue of 684M SAR in FY2025 versus 562M SAR in FY2021, a compound +5.0%/yr. Reported net income was 56.1M SAR in FY2025, compounding −14.7%/yr from FY2021.
Is 3004 fairly valued? → Check now
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.
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 Building Materials stocks, each showing price versus our Fair Value estimate (as of Jul 31, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| CRH plc CRH | $102.71 | $70.25 | -32% |
| Holcim AG HCMLY | $19.20 | $8.68 | -55% |
| UltraTech Cement Limited ULTRACEMCO | ₹10,912 | ₹4,589 | -58% |
| China Jushi Co 600176 | ¥58.38 | ¥15.13 | -74% |
| Grasim Industries Limited GRASIM | ₹3,073 | ₹1,245 | -59% |
| CEMEX, S.A. CEMEXCPO | 21.03 MXN | 17.45 MXN | -17% |
| Anhui Conch Cement Company 600585 | ¥17.86 | ¥38.10 | +113% |
| Ambuja Cements Limited AMBUJACEM | ₹428.00 | ₹227.96 | -47% |
| Shree Cement Limited SHREECEM | ₹24,085 | ₹8,445 | -65% |
| TCC Group 1101B | 45.30 TWD | 2.54 TWD | -94% |
Compare Northern Region Cement Company with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Basic Materials stocks →
Frequently asked questions
Is Northern Region Cement Company (3004) overvalued or undervalued?
What is the fair value of 3004?
What is the quality score of 3004?
What is the revenue of Northern Region Cement Company (3004)?
What is the net profit margin of 3004?
Does Northern Region Cement 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 Northern Region Cement 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.