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AFG International Company (4240) Fair Value & Analysis

Consumer Cyclical · SA · Market cap 1.4B SAR

AI AFG International Company 4240 · SR
Price12.13 SAR
Fair Value20.20 SAR
Upside+66.5%
Quality36/100
Expensive Growth
Loss-making · -10.8% net margin
Low debt · negative free cash flow
Mixed vs. peers (4/10)
Narrow moat 24/100
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Evidence: Medium Range 5.96 SAR – 34.45 SAR Share as image

Fair value as of: Jul 31, 2026

From 8 valuation models · updated today

Share price −12.8% over the past month.

What matters now

  • The large discount to fair value meets weak quality (36/100). That raises the risk this is a value trap rather than a bargain.
  • The model range is unusually wide (5.96 SAR to 34.45 SAR). The outcome hinges heavily on assumptions, so read the point estimate with caution.

Price vs Fair Value (12 months)

29.76 SAR 12.13 SAR Fair Value 20.20 SAR Aug 2025 Jul 2026

12‑month range 12.13 SAR – 29.76 SAR · fair‑value band 5.96 SAR – 34.45 SAR · the 12.13 SAR price screens below the 20.20 SAR fair value. As of Jul 31, 2026.

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Analysis

AFG International Company (4240) currently trades at 12.13 SAR, while our model-based Fair Value estimate is 20.20 SAR, implying the stock looks roughly 66.5% undervalued today. We read business quality at 36/100 (below-average 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: medium), always confirm before acting.

Over the trailing twelve months, AFG International Company generated revenue of 5.1B SAR at a net margin of -10.8%. Revenue grew 2.4% year over year. It earns a return on equity of 12.0%. Net debt stands at 4.2B SAR. Fundamentals as of Jul 31, 2026

Our scenario range runs from 5.96 SAR (bear case) to 34.45 SAR (bull case); at 12.13 SAR, the current price sits within that range. The share trades about 61% below its 52-week high and 2% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -45% fair-value upside, at 67%, 4240 screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 5.1B SAR
Revenue growth (YoY) +2.4%
Net margin -10.8%
Return on equity 12.0%
Free cash flow −787M SAR FY2026
Operating margin 3.0%
More key figures
EPS (TTM) -4.53 SAR
EPS growth (YoY) -51.8%
Net debt 4.2B SAR FY2026

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

Quality Score breakdown

Overall quality 36/100
Profitability 31
Quality Growth 33
Cashflow 22
Fin. Strength 6
Investment 100
Low Volatility 70
Momentum 6
52W Momentum 1
Net Issuance 82

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

AFG International Company operates as a franchise retailer of fashion products in the Kingdom of Saudi Arabia, Jordan, Egypt, the Republic of Kazakhstan, Uzbekistan, the Republic of Azerbaijan, Georgia, and Armenia. It operates through Fashion Retail, Electronics, and Food and Beverage segments.

Full company description

AFG International Company operates as a franchise retailer of fashion products in the Kingdom of Saudi Arabia, Jordan, Egypt, the Republic of Kazakhstan, Uzbekistan, the Republic of Azerbaijan, Georgia, and Armenia. It operates through Fashion Retail, Electronics, and Food and Beverage segments. The company is involved in sale of apparel, footwear, and accessories, smartphones and accessories, electronics, computers & peripherals, computer supplies, video games, and smart TV's, as well as operate cafe and restaurant businesses. The company was formerly known as Fawaz Abdulaziz Al Hokair & Company and change its name to AFG International Company in January 2026. AFG International Company was founded in 1990 and is based in Riyadh, the Kingdom of Saudi Arabia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

AFG International Company reported revenue of 5.1B SAR in FY2026 versus 5.9B SAR in FY2022, a compound −3.6%/yr. Reported net income was −457M SAR in FY2026.

Revenue −3.6%/yr
FY22 5.9B SAR
FY23 6.0B SAR
FY24 5.2B SAR
FY25 4.8B SAR
FY26 5.1B SAR
Net income
FY22 44.7M SAR
FY23 124M SAR
FY24 −1.2B SAR
FY25 −204M SAR
FY26 −457M SAR

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Cite: Fair Value Calculator (2026). "AFG International Company Fair Value". https://www.fairvalue-calculator.com/stock/4240

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 100 / 33
FUTURE 12 / 16
PAST 48 / 35
HEALTH 100 / 100
DIVIDEND 0 / 43

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

Stock Price Fair Value vs Fair Value
Industria de Diseño Textil, S.A IDEXY $16.18 $9.14 -44%
The TJX Companies, Inc TJX C$29.33 C$16.18 -45%
Fast Retailing Co FRCOY $52.64 $18.56 -65%
Ross Stores, Inc ROST $232.72 $118.41 -49%
NEXT plc NXGPF $190.69 $207.74 +9%
Burlington Stores, Inc BURL $327.01 $112.12 -66%
Trent Limited TRENT ₹2,838 ₹553.27 -81%
lululemon athletica inc., L1UL34 R$135.65 R$79.05 -42%
Aritzia Inc ATZAF $110.56 $60.44 -45%
The Gap, Inc GAP $20.62 $37.12 +80%

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Frequently asked questions

Is AFG International Company (4240) overvalued or undervalued?
As of Jul 31, 2026, our model estimates a fair value of 20.20 SAR versus a price of 12.13 SAR, about +67% (undervalued).
What is the fair value of 4240?
Our model-based fair value for AFG International Company is 20.20 SAR (as of Jul 31, 2026), built from audited fundamentals. The current price is 12.13 SAR.
What is the quality score of 4240?
AFG International Company has a Quality Score of 36/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of AFG International Company (4240)?
AFG International Company reported trailing-twelve-month revenue of about 5.1B SAR (latest available figure, as of Jul 31, 2026).
What is the net profit margin of 4240?
The net profit margin of AFG International Company is about -10.8%, meaning it is currently running at a net loss. 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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