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Dar Al Arkan Real Estate Development Company (4300) Fair Value & Analysis

Real Estate · SA · Market cap 19.9B SAR

DA Dar Al Arkan Real Estate Development Company 4300 · SR
Price18.39 SAR
Fair Value17.85 SAR
Upside-2.9%
Quality57/100
Expensive Growth
Highly profitable · 28.7% net margin
Moderate debt · negative free cash flow
Ranks above peers (8/12)
Wide moat 66/100
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Evidence: Medium Range 13.39 SAR – 22.31 SAR Share as image

Fair value as of: Jul 31, 2026

From 14 valuation models · updated today

Share price +2.1% over the past month.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.

Price vs Fair Value (12 months)

20.34 SAR 14.85 SAR Fair Value 17.85 SAR Aug 2025 Jul 2026

12‑month range 14.85 SAR – 20.34 SAR · fair‑value band 13.39 SAR – 22.31 SAR · the 18.39 SAR price screens above the 17.85 SAR fair value. As of Jul 31, 2026.

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Analysis

Dar Al Arkan Real Estate Development Company (4300) currently trades at 18.39 SAR, while our model-based Fair Value estimate is 17.85 SAR, implying the stock looks roughly 2.9% fairly valued today. We read business quality at 57/100 (solid quality), in the Real Estate 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: medium).

Over the trailing twelve months, Dar Al Arkan Real Estate Development Company generated revenue of 4.1B SAR at a net margin of 28.7%. Revenue grew 24.8% year over year. It earns a return on equity of 5.4%. Net debt stands at 8.4B SAR. Fundamentals as of Jul 31, 2026

Our scenario range runs from 13.39 SAR (bear case) to 22.31 SAR (bull case); at 18.39 SAR, the current price sits within that range. The share trades about 12% below its 52-week high and 26% above its 52-week low, currently above its 200-day average. For context, the median of 10 Real Estate peers we cover trades at 21% fair-value upside, at -3%, 4300 screens richer than that median.

Key figures & financial health

Revenue (TTM) 4.1B SAR
Revenue growth (YoY) +24.8%
Net margin 28.7%
Return on equity 5.4%
Free cash flow −3.3B SAR FY2025
P/E ratio 16.7
More key figures
Operating margin 41.3%
EPS (TTM) 1.10 SAR
EPS growth (YoY) +24.0%
Net debt 8.4B SAR FY2025

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

Quality Score breakdown

Overall quality 57/100
Profitability 34
Quality Growth 66
Cashflow 0
Fin. Strength 76
Investment 80
Low Volatility 78
Momentum 41
52W Momentum 47
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

Dar Al Arkan Real Estate Development Company, together with its subsidiaries, primarily engages in the development, management, lease, and sale of real estate projects and associated activities in the Kingdom of Saudi Arabia.

Full company description

Dar Al Arkan Real Estate Development Company, together with its subsidiaries, primarily engages in the development, management, lease, and sale of real estate projects and associated activities in the Kingdom of Saudi Arabia. It is involved in the management, operation, and maintenance of residential and commercial buildings, as well as public facilities; purchase of land and general contracting; real estate investments; and leasing and property management. The company was founded in 1994 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

Dar Al Arkan Real Estate Development Company reported revenue of 3.9B SAR in FY2025 versus 2.5B SAR in FY2021, a compound +11.8%/yr. Reported net income was 1.1B SAR in FY2025, compounding +71.0%/yr from FY2021.

Revenue +11.8%/yr
FY21 2.5B SAR
FY22 3.9B SAR
FY23 2.7B SAR
FY24 3.8B SAR
FY25 3.9B SAR
Net income +71.0%/yr
FY21 133M SAR
FY22 442M SAR
FY23 611M SAR
FY24 807M SAR
FY25 1.1B SAR

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Cite: Fair Value Calculator (2026). "Dar Al Arkan Real Estate Development Company Fair Value". https://www.fairvalue-calculator.com/stock/4300

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 29 / 51
FUTURE 100 / 0
PAST 22 / 9
HEALTH 71 / 85
DIVIDEND 0 / 39

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 Real Estate - Development stocks, each showing price versus our Fair Value estimate (as of Jul 31, 2026).

Stock Price Fair Value vs Fair Value
Vinhomes Joint Stock Company VHM 146,800 VND 148,549 VND +1%
DLF Limited DLF ₹563.20 ₹215.17 -62%
Lodha Developers Limited LODHA ₹862.00 ₹721.45 -16%
PT Pantai Indah Kapuk Dua Tbk, PANI 6,325 IDR 1,330 IDR -79%
Oberoi Realty Limited OBEROIRLTY ₹1,633 ₹1,368 -16%
Godrej Properties Limited GODREJPROP ₹1,708 ₹2,070 +21%
PT Jaya Real Property, Tbk., JRPT 1,080 IDR 2,454 IDR +127%
PT Bumi Serpong Damai Tbk, BSDE 595.00 IDR 1,363 IDR +129%
PT Sentul City Tbk, BKSL 64.00 IDR 160.00 IDR +150%
PT Ciputra Development Tbk, CTRA 555.00 IDR 1,388 IDR +150%

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Frequently asked questions

Is Dar Al Arkan Real Estate Development Company (4300) overvalued or undervalued?
As of Jul 31, 2026, our model estimates a fair value of 17.85 SAR versus a price of 18.39 SAR, about −3% (fairly valued).
What is the fair value of 4300?
Our model-based fair value for Dar Al Arkan Real Estate Development Company is 17.85 SAR (as of Jul 31, 2026), built from audited fundamentals. The current price is 18.39 SAR.
What is the quality score of 4300?
Dar Al Arkan Real Estate Development Company has a Quality Score of 57/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Dar Al Arkan Real Estate Development Company (4300)?
Dar Al Arkan Real Estate Development Company reported trailing-twelve-month revenue of about 4.1B SAR (latest available figure, as of Jul 31, 2026).
What is the net profit margin of 4300?
The net profit margin of Dar Al Arkan Real Estate Development Company is about 28.7%, meaning it keeps roughly 28.7% 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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