Lazurde for Jewelry Co (4011) fair value: what the stock is really worth
As of Oct 28, 2026: fair value (intrinsic value) of Lazurde for Jewelry Co stock SAR 2.44, price SAR 8.19, upside -70.2%, quality 43 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Oct 28, 2026.
How to read this chart
60‑month range 7.63 SAR – 27.30 SAR · fair‑value band 1.85 SAR – 3.03 SAR · the 8.19 SAR price screens above the 2.44 SAR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Oct 28, 2026.
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L'azurde Company for Jewelry, together with its subsidiaries, engages in manufacturing, forming, and forging golden wares, jewelry, precious stones, and golden alloys. It operates in Wholesale and Retail segments.
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The company distributes glasses, watches, men and women accessories, pens, perfumes, and leather products; and exports gold wares, alloys, and silver. In addition, it engages in manufacturing and trading of gold jewellery, as well as trading of gold and silver products, pearls, and precious stones.
It primarily operates in the Kingdom of Saudi Arabia, Egypt, the United Arab Emirates, Kuwait, the Sultanate of Oman, and Qatar. The company sells its products under the L'azurde, Instyle, Miss L', and Waves brands. The company was founded in 1980 and is based in Riyadh, Saudi Arabia.
Stock analysis
Lazurde for Jewelry Co (4011) currently trades at 8.19 SAR, while our model-based Fair Value estimate is 2.44 SAR, 70.2% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of 8.72 SAR per share, and 4 of the 13 models we run sit above the 8.19 SAR price.
Bear case: the Asset-Based group reads lowest at 0.5900 SAR, and 9 of the 13 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 1.85 SAR (bear) to 3.03 SAR (bull), the price of 8.19 SAR sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 43/100 (below-average quality), in the Consumer Cyclical sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Lazurde for Jewelry Co reported revenue of 2.9B SAR in FY2025 versus 2.0B SAR in FY2021, a compound +10.2%/yr. Reported net income was −42.2M SAR in FY2025.
Key figures
Market cap 473M SAR (≈ $126M) Micro · P/S ratio 0.14 · EPS (TTM) −0.5300 SAR · Dividend yield 3.7% · Net margin −0.9% · Return on equity −12.3% · Return on assets (EBIT) 3.8% · Operating margin 1.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 17 out of 100 (medium confidence).
What moves the price
The share trades about 35% below its 52-week high and 7% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at 10% fair-value upside, at −70%, 4011 screens richer than that median.
Fair Value models
Bear1.85 SARFair Value 2.44 SARBull3.03 SAR
Price 8.19 SAR · Upside -70.2%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.62/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+37.8%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+13.3%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+17.8%
Start year 2020 (pandemic). Over 10 years: +0.3% a year
Revenue growth 13 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+1.4%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
3.4% (2019) → 3.0% (2024)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+4.7%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Saudi Arabia: IMF forecast 2.1% a year to 2030, 1.7% from 2016 to 2025) that is about +2.6% a year for the price.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Luxury Goods · 120 stocks
Beats the industry median on 5/11 measures
A mixed picture versus its industry peers.
Valuation
Quality Score43 · Bottom 25%
Fair Value upside−70.2% · Bottom 25%
Profitability
Return on assets−1.7% · Bottom 25%
Net margin (12 months)−0.9% · Bottom 25%
Operating margin (12 months)1.4% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)34.5% · Top 25%
Dividend yield (12 months)3.7% · Above median
Valuation Multiplesvs Luxury Goods median · lower = cheaper
P/B1.93× · Pricier than median
P/S (12 months)0.14× · Cheapest 25%
Price / free cash flow12.9× · Cheaper than median
EV/EBITDA9.8× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 28
FUTURE (revenue growth)100· sector 53
PAST (return on equity)0· sector 57
HEALTH (low debt)100· sector 99
DIVIDEND (yield)73· sector 53
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Lazurde for Jewelry Co Fair Value". https://www.fairvalue-calculator.com/stock/4011
Frequently asked questions
Is Lazurde for Jewelry Co (4011) overvalued or undervalued?
As of Oct 28, 2026, our model estimates a fair value of 2.44 SAR versus a price of 8.19 SAR, about −70% upside (overvalued).
What is the fair value of 4011?
Our model-based fair value for Lazurde for Jewelry Co is 2.44 SAR (as of Oct 28, 2026), built from audited fundamentals. The current price: 8.19 SAR.
What is the quality score of 4011?
Lazurde for Jewelry Co has a Quality Score of 43/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Lazurde for Jewelry Co (4011)?
Our model-based price target is the fair value of 2.44 SAR (as of Oct 28, 2026) from 13 valuation models. Cautious scenario 1.85 SAR, optimistic scenario 3.03 SAR. It is a calculation from audited fundamentals, not an analyst target.
What is the Lazurde for Jewelry Co stock forecast for 2026?
Our models put fair value at 2.44 SAR, about −70% upside versus a price of 8.19 SAR (overvalued). Cautious scenario 1.85 SAR, optimistic scenario 3.03 SAR. The calculation is refreshed regularly with new filings.
What is the revenue of Lazurde for Jewelry Co (4011)?
Lazurde for Jewelry Co reported trailing-twelve-month revenue of about 3.4B SAR (latest available figure, as of Oct 28, 2026).
Does Lazurde for Jewelry Co pay a dividend?
Lazurde for Jewelry Co currently shows a dividend yield of 3.66% relative to its recent price (as of Oct 28, 2026).
What growth is priced into Lazurde for Jewelry Co (4011)?
For today's price to be fair in a discounted-cash-flow model, Lazurde for Jewelry Co would have to grow free cash flow by +4.7 % per year for five years (discount rate 11.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +17.8 % per year. As of Oct 28, 2026.
What discount rate (WACC) does the fair value of 4011 use?
Our models discount Lazurde for Jewelry Co at 11.8 %: a base by market capitalisation (micro), damped by beta 0.31, country premium for Saudi Arabia. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Lazurde for Jewelry Co that is +4.7 % per year a year over ten years, using the same discount rate (11.8 %) and the same formula as our fair value.
How much growth has Lazurde for Jewelry Co (4011) delivered so far?
Over the past 5 years revenue at Lazurde for Jewelry Co grew +17.8 % a year. The price currently implies +4.7 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Lazurde for Jewelry Co (4011) growing?
The median revenue growth in the sector is +4.6 % a year. That is the yardstick for the growth priced into Lazurde for Jewelry Co (+4.7 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Lazurde for Jewelry Co (4011)?
The free-cash-flow yield on the price is 7.76 %: that much free cash flow Lazurde for Jewelry Co produces per unit of market value. When it exceeds the discount rate of our models (11.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Lazurde for Jewelry Co (4011)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Lazurde for Jewelry Co it is 2.44 SAR per share (as of Oct 28, 2026), against a price of 8.19 SAR. It is the blended result of 13 valuation models (cash flow, earnings, asset, dividend).
Is Lazurde for Jewelry Co stock overvalued or undervalued in 2026?
As of Oct 28, 2026, 4011 trades above its calculated fair value: price 8.19 SAR, fair value 2.44 SAR, a gap of about −70% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 4011?
No. The price is what the market pays today (8.19 SAR); the fair value is what the company's own numbers justify (2.44 SAR). For Lazurde for Jewelry Co the two are 5.75 SAR per share apart. That gap is exactly why we show both numbers side by side.
How much is Lazurde for Jewelry Co worth?
The market values Lazurde for Jewelry Co at about 473M SAR (market capitalisation, as of Oct 28, 2026). Per share that is 8.19 SAR; our models calculate a fair value of 2.44 SAR per share.
What do the bullish and bearish scenarios say about 4011?
Our models span a range for Lazurde for Jewelry Co: cautious scenario 1.85 SAR, base 2.44 SAR, optimistic 3.03 SAR per share (as of Oct 28, 2026, price 8.19 SAR). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Lazurde for Jewelry Co (4011)?
Balance-sheet figures for Lazurde for Jewelry Co (as of Oct 28, 2026): return on equity −12.3%. They feed the Quality Score of 43/100, which measures business quality independently of the share price.
How far is 4011 from its 52-week high?
Lazurde for Jewelry Co trades at 8.19 SAR, about 35% below its 52-week high of 12.53 SAR and 7% above the low of 7.63 SAR (as of Oct 28, 2026). Distance from the high says nothing about value: that is what the fair value of 2.44 SAR is for.
Which stocks are comparable to Lazurde for Jewelry Co?
From the same area (Consumer Cyclical) we also value Hermès International Société en commandite par actions, Compagnie Financière Richemont SA, Christian Dior SE, Tapestry, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Lazurde for Jewelry Co stock attractive at the current price?
The data as of Oct 28, 2026: price 8.19 SAR, calculated fair value 2.44 SAR (−70%), Quality Score 43/100, from 13 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 4011 calculated?
We run Lazurde for Jewelry Co through 13 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 2.44 SAR, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.4 % above its aggregate fair value. Lazurde for Jewelry Co itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Lazurde for Jewelry Co (4011)?
The closing price on Oct 28, 2026 was 8.19 SAR. Our model-based fair value is 2.44 SAR, about −70% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Lazurde for Jewelry Co right now?
The price sits above even our optimistic bull case (3.03 SAR). The favourable scenario is already priced in. Weak quality (43/100) and above fair value at the same time, the margin of safety is missing on both counts.
Where does the earnings growth of Lazurde for Jewelry Co (4011) come from?
Earnings per share at Lazurde for Jewelry Co grew −16.5 % a year from 2014 to 2025. Broken into its drivers: revenue per share −4.2 %, EBIT margin −2.6 %, tax rate −3.9 %, residual (interest, one-offs) −7.0 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Lazurde for Jewelry Co
How large is the market capitalisation of Lazurde for Jewelry Co (4011)?
The market capitalisation of Lazurde for Jewelry Co is 473M SAR (≈ $126M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Lazurde for Jewelry Co (4011)?
The price-to-sales ratio of Lazurde for Jewelry Co is 0.14 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Lazurde for Jewelry Co (4011)?
Earnings per share at Lazurde for Jewelry Co are −0.5300 SAR. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Lazurde for Jewelry Co (4011)?
The dividend yield of Lazurde for Jewelry Co is 3.7%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Lazurde for Jewelry Co (4011)?
The net margin of Lazurde for Jewelry Co is −0.9% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Lazurde for Jewelry Co (4011)?
The return on equity (ROE) of Lazurde for Jewelry Co is −12.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Lazurde for Jewelry Co (4011)?
On an EBIT basis the return on assets of Lazurde for Jewelry Co is 3.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Lazurde for Jewelry Co (4011)?
The operating margin of Lazurde for Jewelry Co is 1.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Lazurde for Jewelry Co (4011)?
Revenue at Lazurde for Jewelry Co is growing +34.5% versus a year earlier (3y avg +13.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Lazurde for Jewelry Co (4011)?
Earnings per share at Lazurde for Jewelry Co are growing −73.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Lazurde for Jewelry Co (4011) hold?
Lazurde for Jewelry Co holds more cash than debt, 4.6M SAR net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Oct 28, 2026