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Knowledge Economic City Company (4310) Fair Value & Analysis

Real Estate · SA · Market cap 5.0B SAR

KE Knowledge Economic City Company 4310 · SR
Price14.95 SAR
Fair Value5.82 SAR
Upside-61.1%
Quality44/100
Expensive Growth
Loss-making · -10.2% net margin
Moderate debt · negative free cash flow
Trails peers (3/10)
Narrow moat 5/100
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Evidence: Low Range 4.35 SAR – 8.69 SAR Share as image

Fair value as of: Jul 31, 2026

From 1 valuation models · updated today

Share price +23.0% over the past month.

What matters now

  • The price sits above even our optimistic bull case (8.69 SAR). The favourable scenario is already priced in.
  • Weak quality (44/100) 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 (4.35 SAR to 8.69 SAR) leaves room in how you read the outcome.

Price vs Fair Value (12 months)

15.18 SAR 11.09 SAR Fair Value 5.82 SAR Aug 2025 Jul 2026

12‑month range 11.09 SAR – 15.18 SAR · fair‑value band 4.35 SAR – 8.69 SAR · the 14.95 SAR price screens above the 5.82 SAR fair value. As of Jul 31, 2026.

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Analysis

Knowledge Economic City Company (4310) currently trades at 14.95 SAR, while our model-based Fair Value estimate is 5.82 SAR, implying the stock looks roughly 61.1% overvalued today. We read business quality at 44/100 (below-average 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: low).

Over the trailing twelve months, Knowledge Economic City Company generated revenue of 323M SAR at a net margin of -10.2%. Revenue grew 8.7% year over year. It earns a return on equity of -1.1%. Net debt stands at 2.1B SAR. Fundamentals as of Jul 31, 2026

Our scenario range runs from 4.35 SAR (bear case) to 8.69 SAR (bull case); at 14.95 SAR, the current price sits above that range. The share trades about 5% below its 52-week high and 36% above its 52-week low, currently above its 200-day average. For context, the median of 10 Real Estate peers we cover trades at -2% fair-value upside, at -61%, 4310 screens richer than that median.

Key figures & financial health

Revenue (TTM) 323M SAR
Revenue growth (YoY) +8.7%
Net margin -10.2%
Return on equity -1.1%
Free cash flow −272M SAR FY2025
Operating margin -18.1%
More key figures
EPS (TTM) -0.1000 SAR
Net debt 2.1B SAR FY2025

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

Quality Score breakdown

Overall quality 44/100
Profitability 7
Quality Growth 55
Cashflow 33
Fin. Strength 49
Investment 38
Low Volatility 87
Momentum 57
52W Momentum 68
Net Issuance 63

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

Knowledge Economic City Company, together with its subsidiaries, engages in the development of real estate, economic cities, and other development projects in the Kingdom of Saudi Arabia. The company operates through Real Estate Development and Investment segments.

Full company description

Knowledge Economic City Company, together with its subsidiaries, engages in the development of real estate, economic cities, and other development projects in the Kingdom of Saudi Arabia. The company operates through Real Estate Development and Investment segments. It undertakes infrastructure, telecommunication networks, electricity plants, and water treatment plants, as well as other works related to developing economic cities. The company also owns the land parcel; and is involved in investing activities. Knowledge Economic City Company was incorporated in 2010 and is based in Al Madinah, the Kingdom of Saudi Arabia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Knowledge Economic City Company reported revenue of 319M SAR in FY2025 versus 42.5M SAR in FY2021, a compound +65.6%/yr. Reported net income was −34.9M SAR in FY2025.

Revenue +65.6%/yr
FY21 42.5M SAR
FY22 56.7M SAR
FY23 66.9M SAR
FY24 159M SAR
FY25 319M SAR
Net income
FY21 −22.5M SAR
FY22 −18.8M SAR
FY23 −45.6M SAR
FY24 −21.0M SAR
FY25 −34.9M SAR

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Cite: Fair Value Calculator (2026). "Knowledge Economic City Company Fair Value". https://www.fairvalue-calculator.com/stock/4310

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 / 51
FUTURE 44 / 0
PAST 0 / 9
HEALTH 64 / 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 155,400 VND 148,549 VND -4%
DLF Limited DLF ₹627.60 ₹215.17 -66%
Lodha Developers Limited LODHA ₹894.45 ₹721.45 -19%
PT Pantai Indah Kapuk Dua Tbk, PANI 6,150 IDR 1,330 IDR -78%
Oberoi Realty Limited OBEROIRLTY ₹1,704 ₹1,677 -2%
Godrej Properties Limited GODREJPROP ₹1,642 ₹788.35 -52%
PT Jaya Real Property, Tbk., JRPT 1,075 IDR 1,909 IDR +78%
PT Bumi Serpong Damai Tbk, BSDE 565.00 IDR 1,413 IDR +150%
PT Sentul City Tbk, BKSL 63.00 IDR 96.41 IDR +53%
PT Ciputra Development Tbk, CTRA 545.00 IDR 1,363 IDR +150%

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Frequently asked questions

Is Knowledge Economic City Company (4310) overvalued or undervalued?
As of Jul 31, 2026, our model estimates a fair value of 5.82 SAR versus a price of 14.95 SAR, about −61% (overvalued).
What is the fair value of 4310?
Our model-based fair value for Knowledge Economic City Company is 5.82 SAR (as of Jul 31, 2026), built from audited fundamentals. The current price is 14.95 SAR.
What is the quality score of 4310?
Knowledge Economic City Company has a Quality Score of 44/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Knowledge Economic City Company (4310)?
Knowledge Economic City Company reported trailing-twelve-month revenue of about 323M SAR (latest available figure, as of Jul 31, 2026).
What is the net profit margin of 4310?
The net profit margin of Knowledge Economic City Company is about -10.2%, 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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