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Riyadh Cement Company (3092) Fair Value & Analysis

Basic Materials · SA · Market cap 2.6B SAR

RC Riyadh Cement Company 3092 · SR
Price20.87 SAR
Fair Value26.60 SAR
Upside+27.5%
Quality55/100
Mixed Growth
Highly profitable · 25.2% net margin
Low debt · generates free cash flow
7.27% dividend yield
Ranks above peers (11/14)
Wide moat 73/100
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Evidence: High Range 18.62 SAR – 34.60 SAR Share as image

Fair value as of: Jul 31, 2026

From 26 valuation models · updated today

Share price −9.0% over the past month.

What matters now

  • Solid quality (55/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (18.62 SAR to 34.60 SAR) leaves room in how you read the outcome.

Price vs Fair Value (12 months)

30.43 SAR 20.87 SAR Fair Value 26.60 SAR Aug 2025 Jul 2026

12‑month range 20.87 SAR – 30.43 SAR · fair‑value band 18.62 SAR – 34.60 SAR · the 20.87 SAR price screens below the 26.60 SAR fair value. As of Jul 31, 2026.

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Analysis

Riyadh Cement Company (3092) currently trades at 20.87 SAR, while our model-based Fair Value estimate is 26.60 SAR, implying the stock looks roughly 27.5% undervalued today. We read business quality at 55/100 (solid 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, Riyadh Cement Company generated revenue of 762M SAR at a net margin of 25.2%. Revenue declined 11.3% year over year. It earns a return on equity of 10.6%. The balance sheet holds a net cash position of 60.3M SAR. Fundamentals as of Jul 31, 2026

Our scenario range runs from 18.62 SAR (bear case) to 34.60 SAR (bull case); at 20.87 SAR, the current price sits within that range. The share trades about 32% below its 52-week high, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -41% fair-value upside, at 27%, 3092 screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 762M SAR
Revenue growth (YoY) -11.3%
Net margin 25.2%
Return on equity 10.6%
Free cash flow 112M SAR FY2025
P/E ratio 13.7
More key figures
Operating margin 30.9%
EPS (TTM) 1.60 SAR
Dividend yield 7.3%
EPS growth (YoY) -20.4%
Net cash 60.3M SAR FY2025

Figures from reported company fundamentals · as of Jul 31, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 55/100
Profitability 53
Quality Growth 15
Cashflow 57
Fin. Strength 82
Investment 71
Low Volatility 95
Momentum 20
52W Momentum 0
Net Issuance 77

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

Riyadh Cement Company produces and sells cement in the Kingdom of Saudi Arabia, the Kingdom of Bahrain, the State of Iraq, State of Yemen, the Hashemite Kingdom of Jordan, and the Sultanate of Oman. It offers grey and white cement; and finishing, sulfate-resistant Portland, ordinary Portland cement, as well as white Portland cement type I and II.

Full company description

Riyadh Cement Company produces and sells cement in the Kingdom of Saudi Arabia, the Kingdom of Bahrain, the State of Iraq, State of Yemen, the Hashemite Kingdom of Jordan, and the Sultanate of Oman. It offers grey and white cement; and finishing, sulfate-resistant Portland, ordinary Portland cement, as well as white Portland cement type I and II. The company was formerly known as Saudi White Cement Company and changed its name to Riyadh Cement Company in February 2021. Riyadh Cement Company was incorporated in 1997 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

Riyadh Cement Company reported revenue of 788M SAR in FY2025 versus 671M SAR in FY2021, a compound +4.1%/yr. Reported net income was 208M SAR in FY2025, compounding −0.7%/yr from FY2021.

Revenue +4.1%/yr
FY21 671M SAR
FY22 598M SAR
FY23 643M SAR
FY24 789M SAR
FY25 788M SAR
Net income −0.7%/yr
FY21 214M SAR
FY22 190M SAR
FY23 189M SAR
FY24 310M SAR
FY25 208M SAR

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Cite: Fair Value Calculator (2026). "Riyadh Cement Company Fair Value". https://www.fairvalue-calculator.com/stock/3092

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 70 / 29
FUTURE 0 / 4
PAST 42 / 15
HEALTH 99 / 92
DIVIDEND 100 / 43

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 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 $106.52 $64.08 -40%
Holcim AG HCMLY $19.20 $8.68 -55%
UltraTech Cement Limited ULTRACEMCO ₹10,912 ₹4,589 -58%
China Jushi Co 600176 ¥39.37 ¥15.20 -61%
Grasim Industries Limited GRASIM ₹3,088 ₹2,139 -31%
CEMEX, S.A. CEMEXCPO 21.71 MXN 15.42 MXN -29%
Anhui Conch Cement Company 600585 ¥18.78 ¥34.97 +86%
Ambuja Cements Limited AMBUJACEM ₹417.55 ₹247.84 -41%
Shree Cement Limited SHREECEM ₹24,085 ₹8,445 -65%
TCC Group 1101B 45.25 TWD 25.16 TWD -44%

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Frequently asked questions

Is Riyadh Cement Company (3092) overvalued or undervalued?
As of Jul 31, 2026, our model estimates a fair value of 26.60 SAR versus a price of 20.87 SAR, about +27% (undervalued).
What is the fair value of 3092?
Our model-based fair value for Riyadh Cement Company is 26.60 SAR (as of Jul 31, 2026), built from audited fundamentals. The current price is 20.87 SAR.
What is the quality score of 3092?
Riyadh Cement Company has a Quality Score of 55/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Riyadh Cement Company (3092)?
Riyadh Cement Company reported trailing-twelve-month revenue of about 762M SAR (latest available figure, as of Jul 31, 2026).
What is the net profit margin of 3092?
The net profit margin of Riyadh Cement Company is about 25.2%, meaning it keeps roughly 25.2% of revenue as net income. Based on the latest reported figures.
Does Riyadh Cement Company pay a dividend?
Riyadh Cement Company currently shows a dividend yield of about 7.27% relative to its recent price (as of Jul 31, 2026).

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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