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Dallah Healthcare Company (4004) Fair Value & Analysis

Healthcare · SA · Market cap 10.6B SAR

DH Dallah Healthcare Company 4004 · SR
Price105.20 SAR
Fair Value90.38 SAR
Upside-14.1%
Quality36/100
Expensive Growth
Solidly profitable · 11.0% net margin
Moderate debt · negative free cash flow
1.91% dividend yield
Ranks above peers (9/13)
Moderate moat 45/100
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Evidence: High Range 67.78 SAR – 112.97 SAR Share as image

Fair value as of: Jul 31, 2026

From 16 valuation models · updated today

Share price −4.2% over the past month.

Price vs Fair Value (12 months)

154.79 SAR 97.84 SAR Fair Value 90.38 SAR Aug 2025 Jul 2026

12‑month range 97.84 SAR – 154.79 SAR · fair‑value band 67.78 SAR – 112.97 SAR · the 105.20 SAR price screens above the 90.38 SAR fair value. As of Jul 31, 2026.

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Analysis

Dallah Healthcare Company (4004) currently trades at 105.20 SAR, while our model-based Fair Value estimate is 90.38 SAR, implying the stock looks roughly 14.1% overvalued today. We read business quality at 36/100 (below-average quality), in the Healthcare 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: high).

Over the trailing twelve months, Dallah Healthcare Company generated revenue of 4.2B SAR at a net margin of 11.0%. Revenue grew 21.7% year over year. It earns a return on equity of 11.1%. Net debt stands at 3.7B SAR. Fundamentals as of Jul 31, 2026

Our scenario range runs from 67.78 SAR (bear case) to 112.97 SAR (bull case); at 105.20 SAR, the current price sits within that range. The share trades about 32% below its 52-week high and 18% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -20% fair-value upside, at -14%, 4004 screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 4.2B SAR
Revenue growth (YoY) +21.7%
Net margin 11.0%
Return on equity 11.1%
Free cash flow −79.4M SAR FY2025
P/E ratio 23.0
More key figures
Operating margin 11.9%
EPS (TTM) 4.57 SAR
Dividend yield 1.9%
EPS growth (YoY) -47.5%
Net debt 3.7B SAR FY2025

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

Quality Score breakdown

Overall quality 36/100
Profitability 42
Quality Growth 43
Cashflow 17
Fin. Strength 44
Investment 16
Low Volatility 82
Momentum 23
52W Momentum 17
Net Issuance 42

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

Dallah Healthcare Company operates as a health care company in the Kingdom of Saudi Arabia. The company engages in operating, managing, equipping, and developing hospitals and healthcare facilities, medical centres, complexes, and clinics; and the provision of manpower and support services.

Full company description

Dallah Healthcare Company operates as a health care company in the Kingdom of Saudi Arabia. The company engages in operating, managing, equipping, and developing hospitals and healthcare facilities, medical centres, complexes, and clinics; and the provision of manpower and support services. It also offers pharmaceuticals, cosmetics, consumables, equipment, and nutritional supplements, as well as medications, diagnostics, and medical technologies. In addition, the company provides personalized treatment plans, post-surgical recovery and chronic condition management, in-home nursing and physiotherapy, and teleconsultations and remote monitoring services. Further, it manages private hospitals, medical and diagnostic centers, and an analytical laboratory; and provides medical services. The company was formerly known as Dallah Healthcare Holding Company and changed its name to Dallah Healthcare Company in November 2016. The company was founded in 1987 and is based in Riyadh, Saudi Arabia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Dallah Healthcare Company reported revenue of 4.1B SAR in FY2025 versus 2.1B SAR in FY2021, a compound +17.9%/yr. Reported net income was 538M SAR in FY2025, compounding +20.1%/yr from FY2021.

Revenue +17.9%/yr
FY21 2.1B SAR
FY22 2.5B SAR
FY23 2.9B SAR
FY24 3.2B SAR
FY25 4.1B SAR
Net income +20.1%/yr
FY21 259M SAR
FY22 274M SAR
FY23 360M SAR
FY24 471M SAR
FY25 538M SAR

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Cite: Fair Value Calculator (2026). "Dallah Healthcare Company Fair Value". https://www.fairvalue-calculator.com/stock/4004

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 15 / 20
FUTURE 100 / 25
PAST 44 / 29
HEALTH 64 / 90
DIVIDEND 38 / 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 €39.90 €31.98 -20%
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 $164.77 $280.85 +70%
Rede D'Or São Luiz S.A RDOR3 R$32.76 R$30.33 -7%
DaVita Inc DVAI34 R$1,170 R$210.54 -82%
Apollo Hospitals Enterprise Limited APOLLOHOSP ₹8,469 ₹2,967 -65%
Fresenius Medical Care AG FMSC34 R$112.00 R$164.58 +47%
Aier Eye Hospital Group 300015 ¥8.49 ¥10.83 +28%

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Frequently asked questions

Is Dallah Healthcare Company (4004) overvalued or undervalued?
As of Jul 31, 2026, our model estimates a fair value of 90.38 SAR versus a price of 105.20 SAR, about −14% (overvalued).
What is the fair value of 4004?
Our model-based fair value for Dallah Healthcare Company is 90.38 SAR (as of Jul 31, 2026), built from audited fundamentals. The current price is 105.20 SAR.
What is the quality score of 4004?
Dallah Healthcare Company has a Quality Score of 36/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Dallah Healthcare Company (4004)?
Dallah Healthcare Company reported trailing-twelve-month revenue of about 4.2B SAR (latest available figure, as of Jul 31, 2026).
What is the net profit margin of 4004?
The net profit margin of Dallah Healthcare Company is about 11.0%, meaning it keeps roughly 11.0% of revenue as net income. Based on the latest reported figures.
Does Dallah Healthcare Company pay a dividend?
Dallah Healthcare Company currently shows a dividend yield of about 1.91% 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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