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Tourism Enterprise Co. (4170) fair value: what the stock is really worth

As of Sep 24, 2026: fair value of Tourism Enterprise Co. SAR 3.81, price SAR 12.21, upside -68.8%, quality 36 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? No
  2. Good quality? No
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Consumer Cyclical · SA · ISIN SA0007879824

TE Thin data Sep 24, 2026

Tourism Enterprise Co.

4170 · SR

Weakest SetupStrongly overvalued and low quality.

!Fair value 3.81 SAR · Strongly overvalued (−69%)
!Quality 36/100
!Weak Growth (revenue 5y −10.3 %/yr)
!Loss-making · -176.2% net margin (TTM)
!negative free cash flow
!Trails peers (1/9)
!Narrow moat 16/100
!Evidence only low, so the estimate is less certain

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

36.32 SAR 5.42 SAR Fair Value 3.81 SAR May 2020 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.

How to read this chart

60‑month range 5.42 SAR – 36.32 SAR · fair‑value band 2.51 SAR – 4.76 SAR · the 12.21 SAR price screens above the 3.81 SAR fair value. Dashed = 300-day average. As of Sep 24, 2026.

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Company profile

Tourism Enterprise Company (Shams) engages in managing of tourism projects in the Kingdom of Saudi Arabia. The company manages hotels, furnished residential units, chalets, tourist inns, resorts, wedding halls, and events. It also manages camps, restaurants, coffee shops, cafeterias, and tourist accommodation facilities.

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Tourism Enterprise Company (Shams) engages in managing of tourism projects in the Kingdom of Saudi Arabia. The company manages hotels, furnished residential units, chalets, tourist inns, resorts, wedding halls, and events. It also manages camps, restaurants, coffee shops, cafeterias, and tourist accommodation facilities. In addition, the company operates entertainment centers and facilities, amusement parks, and other entertainment centers, as well as rent bicycles. Further, it is involved in organization of recreational activities and operation of entertainment facilities. Additionally, It owns and operates the Palm Beach Resort. The company was founded in 1991 and is based in Dammam, the Kingdom of Saudi Arabia.

Stock analysis

Tourism Enterprise Co. (4170) currently trades at 12.21 SAR, while our model-based Fair Value estimate is 3.81 SAR, implying the stock looks roughly 220.5% overvalued today.

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Valuation

How firm this estimate is: it rests on 1 models at a data quality of 95/100, which puts the evidence level at low.

Scenario range: 2.51 SAR (bear) to 4.76 SAR (bull), the price of 12.21 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 36/100 (below-average quality), in the Consumer Cyclical sector.

Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.

Tourism Enterprise Co. reported revenue of 9.3M SAR in FY2025 versus 16.0M SAR in FY2021, a compound −12.6%/yr. Reported net income was −11.5M SAR in FY2025.

Key figures

Market cap 844M SAR (≈ $225M) · P/S ratio 99.2 · EPS (TTM) −0.2600 SAR · Net margin −123% · Return on equity −3.1% · Return on assets (EBIT) −5.5% · Operating margin −156% · Revenue (TTM) 8.5M SAR.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 35 out of 100 (medium confidence).

What moves the price

The share trades about 36% 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 46% fair-value upside, at −69%, 4170 screens richer than that median.

Fair Value models

Bear 2.51 SAR Fair Value 3.81 SAR Bull 4.76 SAR
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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 ⓘEvidence = 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.
Highest evidence
NCAV (Graham) 4.20 SAR 5.62 SAR 8.39 SAR 51
All 1 models by family
Asset-Based
NCAV (Graham) 4.20 SAR 5.62 SAR 8.39 SAR 51

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Quality Score breakdown

Overall quality 36/100

Of which business quality 38 · Market factors (momentum, volatility) 32

Profitability 4
Margins and returns on capital today
Quality Growth 13
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 81
Disciplined investing over empire-building
Low Volatility 75
Calm price path (market factor)
Momentum 16
Price trend over the last 3–12 months (market factor)
52W Momentum 10
Distance to the 52-week high (market factor)
Net Issuance 44
Share count: buybacks or dilution?

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Revenue & earnings trend

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. 0/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−6.4%
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.
−2.8%
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.
−10.3%
Start year 2020 (pandemic). Over 10 years: −7.7% a year
Revenue growth 19 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.
−0.6%
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.
−46.9% (2020) → −149.6% (2025)
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

4170 screens 221% overvalued. Compare with Las Vegas Sands Corp →

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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.Resorts & Casinos · 69 stocks

Beats the industry median on 1/8 measures
Overall it trails its industry peers.
Valuation
Quality Score 38 · Bottom 25%
Fair Value upside −70% · Bottom 25%
Profitability
Return on assets −2% · Bottom 25%
Net margin (TTM) −176% · Bottom 25%
Operating margin (TTM) −156% · Bottom 25%
Growth and dividend
Revenue growth −29% · Bottom 25%

Valuation Multiplesvs Resorts & Casinos median · lower = cheaper

P/B 0.46× · Cheaper than median
P/S (TTM) 26.42× · Priciest 25%

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Gambling

Similar stocks

10 more Resorts & Casinos stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
Las Vegas Sands Corp LVS $39.19 $54.02 +38%
Galaxy Entertainment Group 0027 HK$32.10 HK$46.74 +46%
Sands China Ltd 1928 HK$12.16 HK$18.87 +55%
MGM Resorts International, through its subsidiaries, MGM $37.85 $17.73 −53%
Wynn Resorts, Limited WYNN $82.51 $146.53 +78%
Red Rock Resorts, Inc RRR $48.76 $18.01 −63%
Boyd Gaming Corporation BYD $72.08 $144.08 +100%
Caesars Entertainment, Inc CZR $29.62 $80.92 +173%
Genting Singapore Limited G13 0.6200 SGD 0.5600 SGD −10%
Vail Resorts, Inc MTN $138.98 $152.88 +10%

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Cite: Fair Value Calculator (2026). "Tourism Enterprise Co. Fair Value". https://www.fairvalue-calculator.com/stock/4170

Frequently asked questions

Is Tourism Enterprise Co. (4170) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 3.81 SAR versus a price of 12.21 SAR, about −69% upside (overvalued).
What is the fair value of 4170?
Our model-based fair value for Tourism Enterprise Co. is 3.81 SAR (as of Sep 24, 2026), built from audited fundamentals. The current price: 12.21 SAR.
What is the quality score of 4170?
Tourism Enterprise Co. has a Quality Score of 36/100. 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 Tourism Enterprise Co. (4170)?
Our model-based price target is the fair value of 3.81 SAR (as of Sep 24, 2026) from 1 valuation models. Cautious scenario 2.51 SAR, optimistic scenario 4.76 SAR. It is a calculation from audited fundamentals, not an analyst target.
What is the Tourism Enterprise Co. stock forecast for 2026?
Our models put fair value at 3.81 SAR, about −69% upside versus a price of 12.21 SAR (overvalued). Cautious scenario 2.51 SAR, optimistic scenario 4.76 SAR. The calculation is refreshed regularly with new filings.
What is the revenue of Tourism Enterprise Co. (4170)?
Tourism Enterprise Co. reported trailing-twelve-month revenue of about 8.5M SAR (latest available figure, as of Sep 24, 2026).
What is the intrinsic value of Tourism Enterprise Co. (4170)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Tourism Enterprise Co. it is 3.81 SAR per share (as of Sep 24, 2026), against a price of 12.21 SAR. It is the blended result of 1 valuation models (cash flow, earnings, asset, dividend).
Is Tourism Enterprise Co. stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 4170 trades above its calculated fair value: price 12.21 SAR, fair value 3.81 SAR, a gap of about −69% (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 4170?
No. The price is what the market pays today (12.21 SAR); the fair value is what the company's own numbers justify (3.81 SAR). For Tourism Enterprise Co. the two are 8.40 SAR per share apart. That gap is exactly why we show both numbers side by side.
How much is Tourism Enterprise Co. worth?
The market values Tourism Enterprise Co. at about 844M SAR (market capitalisation, as of Sep 24, 2026). Per share that is 12.21 SAR; our models calculate a fair value of 3.81 SAR per share.
What do the bullish and bearish scenarios say about 4170?
Our models span a range for Tourism Enterprise Co.: cautious scenario 2.51 SAR, base 3.81 SAR, optimistic 4.76 SAR per share (as of Sep 24, 2026, price 12.21 SAR). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Tourism Enterprise Co. (4170)?
Balance-sheet figures for Tourism Enterprise Co. (as of Sep 24, 2026): return on equity −3.1%. They feed the Quality Score of 36/100, which measures business quality independently of the share price.
How far is 4170 from its 52-week high?
Tourism Enterprise Co. trades at 12.21 SAR, about 36% below its 52-week high of 19.00 SAR and 15% above the low of 10.61 SAR (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of 3.81 SAR is for.
Which stocks are comparable to Tourism Enterprise Co.?
From the same area (Consumer Cyclical) we also value Las Vegas Sands Corp, Galaxy Entertainment Group, Sands China Ltd, MGM Resorts International, through its subsidiaries,, 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 Tourism Enterprise Co. stock attractive at the current price?
The data as of Sep 24, 2026: price 12.21 SAR, calculated fair value 3.81 SAR (−69%), Quality Score 36/100, from 1 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 4170 calculated?
We run Tourism Enterprise Co. through 1 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 3.81 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 13.0 % above its aggregate fair value. Tourism Enterprise 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 Tourism Enterprise Co. (4170)?
The closing price on Sep 24, 2026 was 12.21 SAR. Our model-based fair value is 3.81 SAR, about −69% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Tourism Enterprise Co. right now?
The price sits above even our optimistic bull case (4.76 SAR). The favourable scenario is already priced in. Weak quality (36/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range (2.51 SAR to 4.76 SAR) leaves room in how you read the outcome.

Key figures of Tourism Enterprise Co.

How large is the market capitalisation of Tourism Enterprise Co. (4170)?
The market capitalisation of Tourism Enterprise Co. is 844M SAR (≈ $225M). 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 Tourism Enterprise Co. (4170)?
The price-to-sales ratio of Tourism Enterprise Co. is 99.2 (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 Tourism Enterprise Co. (4170)?
Earnings per share at Tourism Enterprise Co. are −0.2600 SAR. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Tourism Enterprise Co. (4170)?
The net margin of Tourism Enterprise Co. is −123% (fiscal year 2025). 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 Tourism Enterprise Co. (4170)?
The return on equity (ROE) of Tourism Enterprise Co. is −3.1% (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 Tourism Enterprise Co. (4170)?
On an EBIT basis the return on assets of Tourism Enterprise Co. is −5.5% (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 Tourism Enterprise Co. (4170)?
The operating margin of Tourism Enterprise Co. is −156% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Tourism Enterprise Co. (4170)?
Revenue at Tourism Enterprise Co. is growing −28.7% versus a year earlier (3y avg −2.8%). 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 Tourism Enterprise Co. (4170)?
Earnings per share at Tourism Enterprise Co. are growing −88.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Tourism Enterprise Co. (4170) generate?
The free cash flow of Tourism Enterprise Co. is −5.9M SAR (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Tourism Enterprise Co. (4170) hold?
Tourism Enterprise Co. holds more cash than debt, 255M SAR net (fiscal year 2024). The company holds more cash than debt, a safety cushion.
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