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Mouwasat Medical Services Company (4002) Fair Value & Analysis

Healthcare · SA · Market cap 12.3B SAR

MM Mouwasat Medical Services Company 4002 · SR
Price62.20 SAR
Fair Value71.44 SAR
Upside+14.9%
Quality61/100
Expensive Growth
Highly profitable · 25.1% net margin
Low debt · generates free cash flow
3.48% dividend yield
Ranks above peers (13/14)
Wide moat 80/100
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Evidence: High Range 38.89 SAR – 90.27 SAR Share as image

Fair value as of: Jul 31, 2026

From 26 valuation models · updated today

Share price −2.4% over the past month.

Price vs Fair Value (12 months)

76.60 SAR 58.14 SAR Fair Value 71.44 SAR Aug 2025 Jul 2026

12‑month range 58.14 SAR – 76.60 SAR · fair‑value band 38.89 SAR – 90.27 SAR · the 62.20 SAR price screens below the 71.44 SAR fair value. As of Jul 31, 2026.

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Analysis

Mouwasat Medical Services Company (4002) currently trades at 62.20 SAR, while our model-based Fair Value estimate is 71.44 SAR, implying the stock looks roughly 14.9% undervalued today. We read business quality at 61/100 (solid quality), in the Healthcare 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, Mouwasat Medical Services Company generated revenue of 3.3B SAR at a net margin of 25.1%. Revenue grew 9.1% year over year. It earns a return on equity of 21.3%. Net debt stands at 492M SAR. Fundamentals as of Jul 31, 2026

Our scenario range runs from 38.89 SAR (bear case) to 90.27 SAR (bull case); at 62.20 SAR, the current price sits within that range. The share trades about 20% below its 52-week high and 8% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -11% fair-value upside, at 15%, 4002 screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 3.3B SAR
Revenue growth (YoY) +9.1%
Net margin 25.1%
Return on equity 21.3%
Free cash flow 427M SAR FY2025
P/E ratio 14.9
More key figures
Operating margin 24.8%
EPS (TTM) 4.13 SAR
Dividend yield 3.5%
EPS growth (YoY) +2.0%
Net debt 492M SAR FY2025

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

Quality Score breakdown

Overall quality 61/100
Profitability 67
Quality Growth 52
Cashflow 57
Fin. Strength 82
Investment 37
Low Volatility 91
Momentum 28
52W Momentum 20
Net Issuance 82

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

Mouwasat Medical Services Company, together with its subsidiaries, engages in the acquisition, management, operation, and maintenance of hospitals, medical centers, drug stores, and pharmacies in the Kingdom of Saudi Arabia.

Full company description

Mouwasat Medical Services Company, together with its subsidiaries, engages in the acquisition, management, operation, and maintenance of hospitals, medical centers, drug stores, and pharmacies in the Kingdom of Saudi Arabia. The company operates a network of hospitals that provides medical services and specialized centers, including eye, obesity, cardiology, diabetic, robotic, fertility, rehabilitation, long term care, stroke, and skincare center. It also provides various services comprising inpatient pharmacy services, TPN and IV medication preparation units, chemotherapy medication preparation, anti-coagulant clinic, and clinical pharmacy services. In addition, the company is involved in construction and operation of hospitals, dispensaries, and special clinics; general construction of non-residential buildings, including schools, hospitals, and hotels; demolition of buildings; purchase, sale, and division of land and real estate; off-plan sales activities; operation of colleges and university institutes; and medical operation of hospitals. Further, it wholesales medical equipment and drugs. Mouwasat Medical Services Company was founded in 1974 and is based in Dammam, the Kingdom of Saudi Arabia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Mouwasat Medical Services Company reported revenue of 3.2B SAR in FY2025 versus 2.1B SAR in FY2021, a compound +10.7%/yr. Reported net income was 822M SAR in FY2025, compounding +9.2%/yr from FY2021.

Revenue +10.7%/yr
FY21 2.1B SAR
FY22 2.3B SAR
FY23 2.7B SAR
FY24 2.9B SAR
FY25 3.2B SAR
Net income +9.2%/yr
FY21 578M SAR
FY22 599M SAR
FY23 658M SAR
FY24 646M SAR
FY25 822M SAR

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Cite: Fair Value Calculator (2026). "Mouwasat Medical Services Company Fair Value". https://www.fairvalue-calculator.com/stock/4002

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 53 / 20
FUTURE 46 / 25
PAST 85 / 29
HEALTH 90 / 90
DIVIDEND 70 / 38

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 Medical Care Facilities stocks, each showing price versus our Fair Value estimate (as of Jul 31, 2026).

Stock Price Fair Value vs Fair Value
HCA Healthcare, Inc H1CA34 R$96.00 R$25.67 -73%
Fresenius SE FRE €36.27 €22.73 -37%
Dr. Sulaiman Al Habib Medical Services Group 4013 235.00 SAR 112.37 SAR -52%
IHH Healthcare Berhad, an investment holding company, Q0F 2.76 SGD 1.28 SGD -54%
Tenet Healthcare Corporation THC $162.06 $282.55 +74%
Rede D'Or São Luiz S.A RDOR3 R$33.83 R$46.94 +39%
DaVita Inc DVAI34 R$1,030 R$1,096 +7%
Apollo Hospitals Enterprise Limited APOLLOHOSP ₹8,489 ₹2,128 -75%
Fresenius Medical Care AG FMSC34 R$112.00 R$164.58 +47%
Aier Eye Hospital Group 300015 ¥8.55 ¥7.64 -11%

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Frequently asked questions

Is Mouwasat Medical Services Company (4002) overvalued or undervalued?
As of Jul 31, 2026, our model estimates a fair value of 71.44 SAR versus a price of 62.20 SAR, about +15% (undervalued).
What is the fair value of 4002?
Our model-based fair value for Mouwasat Medical Services Company is 71.44 SAR (as of Jul 31, 2026), built from audited fundamentals. The current price is 62.20 SAR.
What is the quality score of 4002?
Mouwasat Medical Services Company has a Quality Score of 61/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Mouwasat Medical Services Company (4002)?
Mouwasat Medical Services Company reported trailing-twelve-month revenue of about 3.3B SAR (latest available figure, as of Jul 31, 2026).
What is the net profit margin of 4002?
The net profit margin of Mouwasat Medical Services Company is about 25.1%, meaning it keeps roughly 25.1% of revenue as net income. Based on the latest reported figures.
Does Mouwasat Medical Services Company pay a dividend?
Mouwasat Medical Services Company currently shows a dividend yield of about 3.48% 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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