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National Medical Care Company (4005) Fair Value & Analysis

Healthcare · SA · Market cap 5.1B SAR

NM National Medical Care Company 4005 · SR
Price113.00 SAR
Fair Value110.34 SAR
Upside-2.4%
Quality52/100
Expensive Growth
Solidly profitable · 17.8% net margin
Low debt · generates free cash flow
2.64% dividend yield
Ranks above peers (11/14)
Moderate moat 62/100
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Evidence: High Range 57.18 SAR – 164.60 SAR Share as image

Fair value as of: Jul 31, 2026

From 26 valuation models · updated today

Share price +9.1% over the past month.

What matters now

  • The model range is unusually wide (57.18 SAR to 164.60 SAR). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.

Price vs Fair Value (12 months)

177.46 SAR 97.90 SAR Fair Value 110.34 SAR Aug 2025 Jul 2026

12‑month range 97.90 SAR – 177.46 SAR · fair‑value band 57.18 SAR – 164.60 SAR · the 113.00 SAR price screens above the 110.34 SAR fair value. As of Jul 31, 2026.

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Analysis

National Medical Care Company (4005) currently trades at 113.00 SAR, while our model-based Fair Value estimate is 110.34 SAR, implying the stock looks roughly 2.4% fairly valued today. We read business quality at 52/100 (solid 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, National Medical Care Company generated revenue of 1.6B SAR at a net margin of 17.8%. Revenue grew 0.7% year over year. It earns a return on equity of 15.8%. Net debt stands at 188M SAR. Fundamentals as of Jul 31, 2026

Our scenario range runs from 57.18 SAR (bear case) to 164.60 SAR (bull case); at 113.00 SAR, the current price sits within that range. The share trades about 37% below its 52-week high and 19% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -19% fair-value upside, at -2%, 4005 screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 1.6B SAR
Revenue growth (YoY) +0.7%
Net margin 17.8%
Return on equity 15.8%
Free cash flow 22.0M SAR FY2025
P/E ratio 17.7
More key figures
Operating margin 16.2%
EPS (TTM) 6.40 SAR
Dividend yield 2.6%
EPS growth (YoY) -38.5%
Net debt 188M SAR FY2025

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

Quality Score breakdown

Overall quality 52/100
Profitability 59
Quality Growth 67
Cashflow 16
Fin. Strength 90
Investment 37
Low Volatility 77
Momentum 17
52W Momentum 11
Net Issuance 85

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

National Medical Care Company, together with its subsidiaries, owns, establishes, equips, manages, maintains, and operates healthcare facilities in the Kingdom of Saudi Arabia. It also provides home health care services. The company was founded in 2003 and is based 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

National Medical Care Company reported revenue of 1.6B SAR in FY2025 versus 845M SAR in FY2021, a compound +17.3%/yr. Reported net income was 318M SAR in FY2025, compounding +23.6%/yr from FY2021.

Revenue +17.3%/yr
FY21 845M SAR
FY22 918M SAR
FY23 1.1B SAR
FY24 1.3B SAR
FY25 1.6B SAR
Net income +23.6%/yr
FY21 136M SAR
FY22 170M SAR
FY23 241M SAR
FY24 298M SAR
FY25 318M SAR

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Cite: Fair Value Calculator (2026). "National Medical Care Company Fair Value". https://www.fairvalue-calculator.com/stock/4005

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 30 / 20
FUTURE 4 / 25
PAST 63 / 29
HEALTH 92 / 90
DIVIDEND 53 / 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$100.00 R$25.67 -74%
Fresenius SE FRE €39.54 €31.98 -19%
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 $178.75 $300.86 +68%
Rede D'Or São Luiz S.A RDOR3 R$32.50 R$46.04 +42%
DaVita Inc DVAI34 R$1,002 R$1,038 +4%
Apollo Hospitals Enterprise Limited APOLLOHOSP ₹8,305 ₹2,546 -69%
Fresenius Medical Care AG FMSC34 R$112.00 R$164.60 +47%
Aier Eye Hospital Group 300015 ¥8.54 ¥6.73 -21%

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Frequently asked questions

Is National Medical Care Company (4005) overvalued or undervalued?
As of Jul 31, 2026, our model estimates a fair value of 110.34 SAR versus a price of 113.00 SAR, about −2% (fairly valued).
What is the fair value of 4005?
Our model-based fair value for National Medical Care Company is 110.34 SAR (as of Jul 31, 2026), built from audited fundamentals. The current price is 113.00 SAR.
What is the quality score of 4005?
National Medical Care Company has a Quality Score of 52/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of National Medical Care Company (4005)?
National Medical Care Company reported trailing-twelve-month revenue of about 1.6B SAR (latest available figure, as of Jul 31, 2026).
What is the net profit margin of 4005?
The net profit margin of National Medical Care Company is about 17.8%, meaning it keeps roughly 17.8% of revenue as net income. Based on the latest reported figures.
Does National Medical Care Company pay a dividend?
National Medical Care Company currently shows a dividend yield of about 2.64% 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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