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Thob Al Aseel Company (4012) Fair Value & Analysis

Consumer Cyclical · SA · Market cap 1.4B SAR

TA Thob Al Aseel Company 4012 · SR
Price3.55 SAR
Fair Value4.76 SAR
Upside+34.1%
Quality75/100
Weak Growth
Solidly profitable · 19.0% net margin
generates free cash flow
Ranks above peers (11/13)
Wide moat 68/100
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Evidence: High Range 3.73 SAR – 5.80 SAR Share as image

Fair value as of: Jul 31, 2026

From 24 valuation models · updated today

Share price −3.3% over the past month.

What matters now

  • The rarer combination: high quality (75/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The price is below even our cautious bear case (3.73 SAR). The market is more pessimistic than our downside scenario.

Price vs Fair Value (12 months)

3.99 SAR 3.12 SAR Fair Value 4.76 SAR Jun 2025 Jul 2026

12‑month range 3.12 SAR – 3.99 SAR · fair‑value band 3.73 SAR – 5.80 SAR · the 3.55 SAR price screens below the 4.76 SAR fair value. As of Jul 31, 2026.

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Analysis

Thob Al Aseel Company (4012) currently trades at 3.55 SAR, while our model-based Fair Value estimate is 4.76 SAR, implying the stock looks roughly 34.1% undervalued today. We read business quality at 75/100 (high quality), in the Consumer Cyclical 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, Thob Al Aseel Company generated revenue of 528M SAR at a net margin of 19.0%. Revenue grew 15.5% year over year. It earns a return on equity of 16.6%. The balance sheet holds a net cash position of 250M SAR. Fundamentals as of Jul 31, 2026

Our scenario range runs from 3.73 SAR (bear case) to 5.80 SAR (bull case); at 3.55 SAR, the current price sits below that range. The share trades about 10% below its 52-week high and 15% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -1% fair-value upside, at 34%, 4012 screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 528M SAR
Revenue growth (YoY) +15.5%
Net margin 19.0%
Return on equity 16.6%
Free cash flow 203M SAR FY2025
P/E ratio 13.7
More key figures
Operating margin 18.8%
EPS (TTM) 0.2600 SAR
EPS growth (YoY) +88.7%
Net cash 250M SAR FY2025

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

Quality Score breakdown

Overall quality 75/100
Profitability 63
Quality Growth 48
Cashflow 100
Fin. Strength 100
Investment 92
Low Volatility 90
Momentum 42
52W Momentum 40
Net Issuance 81

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

Thob Al Aseel Company develops, imports, exports, wholesales, and retails trade of fabrics and readymade garments in Saudi Arabia. The company operates through Dresses, Fabrics, and Clothes segments. It sells men's clothing and fabric, such as thobes, underwear, pajamas, and sleeping robes, as well as other products, including t-shirt, socks, and ehram.

Full company description

Thob Al Aseel Company develops, imports, exports, wholesales, and retails trade of fabrics and readymade garments in Saudi Arabia. The company operates through Dresses, Fabrics, and Clothes segments. It sells men's clothing and fabric, such as thobes, underwear, pajamas, and sleeping robes, as well as other products, including t-shirt, socks, and ehram. It operates through a chain of retail outlets under the Al-Jedaie brand. 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

Thob Al Aseel Company reported revenue of 528M SAR in FY2025 versus 482M SAR in FY2021, a compound +2.3%/yr. Reported net income was 100M SAR in FY2025, compounding +13.8%/yr from FY2021.

Revenue +2.3%/yr
FY21 482M SAR
FY22 509M SAR
FY23 532M SAR
FY24 522M SAR
FY25 528M SAR
Net income +13.8%/yr
FY21 59.7M SAR
FY22 53.4M SAR
FY23 76.9M SAR
FY24 83.9M SAR
FY25 100M SAR

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Cite: Fair Value Calculator (2026). "Thob Al Aseel Company Fair Value". https://www.fairvalue-calculator.com/stock/4012

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 79 / 26
FUTURE 78 / 5
PAST 67 / 19
HEALTH 0 / 98
DIVIDEND 0 / 49

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 Apparel Manufacturing stocks, each showing price versus our Fair Value estimate (as of Jul 31, 2026).

Stock Price Fair Value vs Fair Value
H & M Hennes & Mauritz AB HMB kr 166.80 kr 165.47 -1%
Ralph Lauren Corporation RL $366.55 $365.78 -0%
Moncler S.p.A MONC €51.22 €50.69 -1%
Gildan Activewear Inc GIL C$80.34 C$51.57 -36%
LPP SA LPP 21,880 PLN 18,197 PLN -17%
V.F. Corporation VFCO34 R$41.98 R$25.48 -39%
Bosideng International Holdings 3998 HK$4.44 HK$5.92 +33%
Youngor Fashion Co 600177 ¥7.51 ¥7.87 +5%
Page Industries Limited PAGEIND ₹38,345 ₹9,665 -75%
Hla Group 600398 ¥5.62 ¥11.97 +113%

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Frequently asked questions

Is Thob Al Aseel Company (4012) overvalued or undervalued?
As of Jul 31, 2026, our model estimates a fair value of 4.76 SAR versus a price of 3.55 SAR, about +34% (undervalued).
What is the fair value of 4012?
Our model-based fair value for Thob Al Aseel Company is 4.76 SAR (as of Jul 31, 2026), built from audited fundamentals. The current price is 3.55 SAR.
What is the quality score of 4012?
Thob Al Aseel Company has a Quality Score of 75/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Thob Al Aseel Company (4012)?
Thob Al Aseel Company reported trailing-twelve-month revenue of about 528M SAR (latest available figure, as of Jul 31, 2026).
What is the net profit margin of 4012?
The net profit margin of Thob Al Aseel Company is about 19.0%, meaning it keeps roughly 19.0% of revenue as net income. Based on the latest reported figures.

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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