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Al-Saif Stores for Development & Investment Company (4192) Fair Value & Analysis

Consumer Cyclical · SA · Market cap 2.3B SAR

AS Al-Saif Stores for Development & Investment Company 4192 · SR
Price6.58 SAR
Fair Value2.86 SAR
Upside-56.5%
Quality60/100
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Weak Growth
Thin margins · 7.6% net margin
generates free cash flow
0.92% dividend yield
Mixed vs. peers (6/13)
Narrow moat 43/100
Evidence: High Range 2.11 SAR – 3.81 SAR Share as image

Fair value as of: Jul 31, 2026

From 22 valuation models · updated 10 days ago

Share price −3.7% over the past month.

A solid business, but screening 57% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (3.81 SAR). The favourable scenario is already priced in.
  • Solid but not exceptional quality (60/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (2.11 SAR to 3.81 SAR) leaves room in how you read the outcome.
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Price vs Fair Value (4 years)

11.87 SAR 6.08 SAR Fair Value 2.86 SAR Dec 2022 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

43‑month range 6.08 SAR – 11.87 SAR · fair‑value band 2.11 SAR – 3.81 SAR · the 6.58 SAR price screens above the 2.86 SAR fair value. Dashed = 300-day average. As of Jul 31, 2026.

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Analysis

Al-Saif Stores for Development & Investment Company (4192) currently trades at 6.58 SAR, while our model-based Fair Value estimate is 2.86 SAR, implying the stock looks roughly 56.5% overvalued today. The Quality Score stands at 60/100 (solid quality), in the Consumer Cyclical 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, Al-Saif Stores for Development & Investment Company generated revenue of 808M SAR at a net margin of 7.6%. Revenue grew 3.8% year over year. It earns a return on equity of 12.4%. Net debt stands at 340M SAR. Fundamentals as of Jul 31, 2026

Our scenario range runs from 2.11 SAR (bear case) to 3.81 SAR (bull case); at 6.58 SAR, the current price sits above 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 7% below its 52-week high and 9% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 16% fair-value upside, at -57%, 4192 screens richer 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
Residual Income 1.28 SAR 1.49 SAR 3.12 SAR 76
Growth DCF 2.04 SAR 2.66 SAR 3.66 SAR 72
Growth-Adj P/E 1.93 SAR 2.76 SAR 3.58 SAR 68
All 22 models by family
DCF Models
FCF DCF 1.97 SAR 2.62 SAR 3.74 SAR 38
Owner Earnings 3.12 SAR 4.17 SAR 5.96 SAR 31
5Y Revenue Exit 1.84 SAR 2.63 SAR 3.72 SAR 39
5Y EBITDA Exit 2.64 SAR 3.99 SAR 5.70 SAR 41
5Y P/E Exit 2.26 SAR 3.34 SAR 4.57 SAR 38
10Y Revenue Exit 1.83 SAR 2.52 SAR 3.31 SAR 36
10Y EBITDA Exit 2.36 SAR 3.40 SAR 4.61 SAR 37
10Y P/E Exit 2.13 SAR 2.98 SAR 3.86 SAR 35
Earnings-Based
Graham-Dodd 1.13 SAR 2.03 SAR 2.51 SAR 54
EPV 1.77 SAR 2.04 SAR 2.27 SAR 59
Multiples
P/E Multiple 2.74 SAR 3.65 SAR 4.56 SAR 63
P/S Multiple 1.95 SAR 2.60 SAR 3.25 SAR 58
P/B Multiple 2.11 SAR 2.82 SAR 3.52 SAR 55
EV/EBIT 2.94 SAR 3.90 SAR 4.86 SAR 53
EV/EBITDA 3.52 SAR 4.67 SAR 5.82 SAR 54
EV/Revenue 1.90 SAR 2.68 SAR 3.46 SAR 43
Asset-Based
NCAV (Graham) 0.7100 SAR 0.9500 SAR 1.42 SAR 50
Growth DCF
Growth DCF 2.04 SAR 2.66 SAR 3.66 SAR 72
Rev-Margin DCF 1.84 SAR 2.66 SAR 3.64 SAR 67
Economic Profit
Residual Income 1.28 SAR 1.49 SAR 3.12 SAR 76
ROIC Compounder 1.79 SAR 2.12 SAR 2.45 SAR 67
Growth Earnings
Growth-Adj P/E 1.93 SAR 2.76 SAR 3.58 SAR 68

Widest divergence: DCF Models (2.98 SAR) versus Asset-Based (0.9500 SAR). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 808M SAR
Revenue growth (YoY) +3.8%
Net margin 7.6%
Return on equity 12.4%
Free cash flow 68.5M SAR FY2025
P/E ratio 36.6
More key figures
Operating margin 2.2%
EPS (TTM) 0.1800 SAR
Dividend yield 0.9%
EPS growth (YoY) +11.4%
Net debt 340M SAR FY2025

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

Quality Score breakdown

Overall quality 60/100

Of which business quality 60 · Market factors (momentum, volatility) 58

Profitability 50
Margins and returns on capital today
Quality Growth 59
Are margins and returns improving?
Cashflow 59
Earnings quality: real cash, not paper profit
Fin. Strength 68
Balance sheet, leverage, solvency risk
Investment 78
Disciplined investing over empire-building
Low Volatility 100
Calm price path (market factor)
Momentum 42
Price trend over the last 3–12 months (market factor)
52W Momentum 40
Distance to the 52-week high (market factor)
Net Issuance 50
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

Al-Saif Stores for Development & Investment Company engages in the wholesale and retail sale of household utensils, electrical appliances, and cleaning supplies in the Kingdom of Saudi Arabia.

Full company description

Al-Saif Stores for Development & Investment Company engages in the wholesale and retail sale of household utensils, electrical appliances, and cleaning supplies in the Kingdom of Saudi Arabia. It offers kitchen appliances; home appliances; large appliances; coffee makers; built in appliances; televisions and accessories; thermoses; tea and coffee maker; serve ware; food containers; cookware; home products; health & beauty products; kitchen spare parts; and furniture; dough mixers; refrigerators and freezers; electric pots; and air fryers. The company also engages in the general contracting; construction, repair, restoration, and demolition of buildings; public construction of road works, water and sewage works, dams, drilling wells; maintenance and operation of electrical, mechanical, and electronic installation; landscaping and blacksmithing, carpentry, aluminum, decoration, gypsum, maintenance, and cleaning works; management and operation of cities, utilities, buildings, and public and private facilities; and buying and owning real estate and lands to construct buildings. It also sells its products online. Al-Saif Stores for Development & Investment Company was founded in 2014 in and is headquartered 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

Al-Saif Stores for Development & Investment Company reported revenue of 759M SAR in FY2025 versus 825M SAR in FY2021, a compound −2.1%/yr. Reported net income was 58.0M SAR in FY2025, compounding −25.2%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
759M SAR
Latest YoY
+3.7%
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.
+0.9%
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.
−1.0%
Avg. growth/yr (7Y) 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.
+6.3%
Revenue −2.1%/yr
FY21 825M SAR
FY22 739M SAR
FY23 720M SAR
FY24 732M SAR
FY25 759M SAR
Net income −25.2%/yr
FY21 185M SAR
FY22 130M SAR
FY23 98.2M SAR
FY24 37.5M SAR
FY25 58.0M SAR

4192 screens 57% overvalued. Compare with Midea Group →

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Cite: Fair Value Calculator (2026). "Al-Saif Stores for Development & Investment Company Fair Value". https://www.fairvalue-calculator.com/stock/4192

Peer Group

Furnishings, Fixtures & Appliances · 311 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 60 · Above median
Fair Value upside −57% · Bottom 25%
Return on equity (TTM) 12% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 8% · Top 25%
Operating margin (TTM) 2% · Below median
Revenue growth 4% · Above median
Dividend yield (TTM) 0.9% · Below median

Valuation Multiples vs Furnishings, Fixtures & Appliances median · lower = cheaper

P/E (TTM) 36.6× · Pricier than 75% of peers
P/B 1.24× · Pricier than median
P/S (TTM) 0.76× · Pricier than median
P/FCF 9.0× · Pricier than 75% of peers
EV/EBITDA 6.4× · Cheaper than median

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 0 · sector 22
FUTURE 19 · sector 0
PAST 50 · sector 19
HEALTH 0 · sector 97
DIVIDEND 18 · sector 55

VALUE 0: the price sits above our fair-value range.

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 Furnishings, Fixtures & Appliances stocks, each showing price versus our Fair Value estimate (as of Jul 31, 2026).

Stock Price Fair Value vs Fair Value
Midea Group 000333 ¥82.71 ¥107.22 +30%
Gree Electric Appliances, Inc 000651 ¥38.25 ¥88.02 +130%
Haier Smart Home Co 600690 ¥21.46 ¥36.04 +68%
King Slide Works Co 2059 8,655 TWD 1,917 TWD -78%
Guangdong Songfa Ceramics Co 603268 ¥155.59 ¥38.95 -75%
SharkNinja, Inc SN $154.53 $89.07 -42%
Hisense Home Appliances Group 000921 ¥26.33 ¥48.03 +82%
Zhejiang Supor Co 002032 ¥43.85 ¥44.84 +2%
Ecovacs Robotics Co 603486 ¥58.97 ¥54.14 -8%
COWAY Co 021240 96,700 KRW 112,530 KRW +16%

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Frequently asked questions

Is Al-Saif Stores for Development & Investment Company (4192) overvalued or undervalued?
As of Jul 31, 2026, our model estimates a fair value of 2.86 SAR versus a price of 6.58 SAR, about −57% (overvalued).
What is the fair value of 4192?
Our model-based fair value for Al-Saif Stores for Development & Investment Company is 2.86 SAR (as of Jul 31, 2026), built from audited fundamentals. The current price is 6.58 SAR.
What is the quality score of 4192?
Al-Saif Stores for Development & Investment Company has a Quality Score of 60/100. 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 Al-Saif Stores for Development & Investment Company (4192)?
Al-Saif Stores for Development & Investment Company reported trailing-twelve-month revenue of about 808M SAR (latest available figure, as of Jul 31, 2026).
What is the net profit margin of 4192?
The net profit margin of Al-Saif Stores for Development & Investment Company is about 7.6%, meaning it keeps roughly 7.6% of revenue as net income. Based on the latest reported figures.
Does Al-Saif Stores for Development & Investment Company pay a dividend?
Al-Saif Stores for Development & Investment Company currently shows a dividend yield of about 0.92% 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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