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Nayifat Finance Company (4081) Fair Value & Analysis

Financial Services · SA · Market cap 1.1B SAR

NF Nayifat Finance Company 4081 · SR
Price9.33 SAR
Fair Value9.13 SAR
Upside-2.1%
Quality42/100
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Weak Growth
Low debt · negative free cash flow
Trails peers (3/9)
Narrow moat 35/100
Evidence: Low Range 6.99 SAR – 11.16 SAR Share as image

Fair value as of: Jul 31, 2026

From 3 valuation models · updated 10 days ago

Share price −6.0% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

26.34 SAR 9.30 SAR Fair Value 9.13 SAR Dec 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 31, 2026.

How to read this chart

56‑month range 9.30 SAR – 26.34 SAR · fair‑value band 6.99 SAR – 11.16 SAR · the 9.33 SAR price screens above the 9.13 SAR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 31, 2026.

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Analysis

Nayifat Finance Company (4081) currently trades at 9.33 SAR, while our model-based Fair Value estimate is 9.13 SAR, implying the stock looks roughly 2.1% fairly valued today. The Quality Score stands at 42/100 (below-average quality), in the Financial Services 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: low).

Trailing-twelve-month revenue stands at 51.9M SAR. Revenue declined 8.0% year over year. It earns a return on equity of -9.3%. Net debt stands at 671M SAR. Fundamentals as of Jul 31, 2026

Our scenario range runs from 6.99 SAR (bear case) to 11.16 SAR (bull case); at 9.33 SAR, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 32% below its 52-week high and 1% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -41% fair-value upside, at -2%, 4081 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
Gordon GGM 6.62 SAR 8.51 SAR 10.25 SAR 70
DDM Multi-Stage 6.62 SAR 8.65 SAR 10.77 SAR 61
NCAV (Graham) 5.32 SAR 7.12 SAR 10.63 SAR 50
All 3 models by family
Dividend Discount
Gordon GGM 6.62 SAR 8.51 SAR 10.25 SAR 70
DDM Multi-Stage 6.62 SAR 8.65 SAR 10.77 SAR 61
Asset-Based
NCAV (Graham) 5.32 SAR 7.12 SAR 10.63 SAR 50

Widest divergence: Dividend Discount (8.51 SAR) versus Asset-Based (7.12 SAR). Highest evidence: Gordon GGM (70).

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Key figures & financial health

Revenue (TTM) 51.9M SAR
Revenue growth (YoY) -8.0%
Net margin -244%
Return on equity -9.3%
Free cash flow −34.3M SAR FY2025
Operating margin 41.1%
More key figures
EPS (TTM) -1.06 SAR
EPS growth (YoY) +1.3%
Net debt 671M SAR FY2025

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

Quality Score breakdown

Overall quality 42/100

Of which business quality 39 · Market factors (momentum, volatility) 38

Profitability 5
Margins and returns on capital today
Quality Growth 18
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 66
Balance sheet, leverage, solvency risk
Investment 94
Disciplined investing over empire-building
Low Volatility 96
Calm price path (market factor)
Momentum 20
Price trend over the last 3–12 months (market factor)
52W Momentum 3
Distance to the 52-week high (market factor)
Net Issuance 86
Buybacks instead of dilution

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

Nayifat Finance Company provides personal financing solutions in the Kingdom of Saudi Arabia. The company operates through Personal Financing, SME Financing, and Islamic Credit Cards segments. It offers lease finance, consumer finance, small and medium enterprise finance, debt crowdfunding, and credit cards finance products.

Full company description

Nayifat Finance Company provides personal financing solutions in the Kingdom of Saudi Arabia. The company operates through Personal Financing, SME Financing, and Islamic Credit Cards segments. It offers lease finance, consumer finance, small and medium enterprise finance, debt crowdfunding, and credit cards finance products. The company serves retail customers, small and medium enterprises, and high-net-worth individuals. Nayifat Finance Company was founded in 2002 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

Nayifat Finance Company reported revenue of 341M SAR in FY2025 versus 373M SAR in FY2021, a compound −2.2%/yr. Reported net income was −126M SAR in FY2025.

Growth Quality 7/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
341M SAR
Latest YoY
+6.9%
Avg. growth/yr (3Y) 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.
−2.2%
Avg. growth/yr (5Y) 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.
−1.7%
Avg. growth/yr (13Y) 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.
−4.2%
Revenue −2.2%/yr
FY21 373M SAR
FY22 364M SAR
FY23 347M SAR
FY24 319M SAR
FY25 341M SAR
Net income
FY21 225M SAR
FY22 171M SAR
FY23 88.7M SAR
FY24 131M SAR
FY25 −126M SAR
Character of growth · EPS growth decomposed (2014-2025) −5.5 % p.a.
Revenue per share −1.4 pp

of which total revenue +4.0 pp · buybacks/dilution −5.4 pp

EBIT margin +2.4 pp
Tax rate +4.9 pp
Residual (interest, one-offs) −11.4 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Nayifat Finance Company Fair Value". https://www.fairvalue-calculator.com/stock/4081

Peer Group

Credit Services · 331 stocks

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.

Quality Score 43 · Below median
Fair Value upside −2% · Below median
Return on assets -6% · Bottom 25%
Operating margin (TTM) 41% · Above median
Revenue growth -8% · Bottom 25%
Debt / equity 0.30× · Lower than median

Valuation Multiples vs Credit Services median · lower = cheaper

P/B 0.23× · Cheaper than 75% of peers
P/S (TTM) 5.61× · Pricier than 75% of peers

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 31 · sector 37
FUTURE 0 · sector 39
PAST 0 · sector 32
HEALTH 85 · sector 58
DIVIDEND 0 · sector 51

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

Stock Price Fair Value vs Fair Value
Visa Inc V $348.97 $204.19 -41%
Mastercard Incorporated MA $537.70 $221.87 -59%
American Express Company AXP $358.44 $206.40 -42%
Bajaj Finance Limited BAJFINANCE ₹1,056 ₹397.61 -62%
Shriram Finance Limited SHRIRAMFIN ₹1,024 ₹553.83 -46%
Cholamandalam Investment and Finance Company CHOLAFIN ₹1,808 ₹796.52 -56%
Tata Capital Limited TATACAP ₹360.60 ₹229.85 -36%
Power Finance Corporation PFC ₹405.10 ₹810.20 +100%
Muthoot Finance Limited MUTHOOTFIN ₹3,129 ₹3,463 +11%
Indian Railway Finance Corporation IRFC ₹88.41 ₹69.72 -21%

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Frequently asked questions

Is Nayifat Finance Company (4081) overvalued or undervalued?
As of Jul 31, 2026, our model estimates a fair value of 9.13 SAR versus a price of 9.33 SAR, about −2% (fairly valued).
What is the fair value of 4081?
Our model-based fair value for Nayifat Finance Company is 9.13 SAR (as of Jul 31, 2026), built from audited fundamentals. The current price is 9.33 SAR.
What is the quality score of 4081?
Nayifat Finance Company has a Quality Score of 42/100. 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 revenue of Nayifat Finance Company (4081)?
Nayifat Finance Company reported trailing-twelve-month revenue of about 51.9M SAR (latest available figure, 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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