Alandalus Property Company (4320) fair value: what the stock is really worth
As of Nov 11, 2026: fair value (intrinsic value) of Alandalus Property Company stock SAR 12.33, price SAR 14.25, that is 13.4% below the price, quality 40 out of 100. Rating: overvalued. Calculated from audited financials with 11 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 9, 2026.
How to read this chart
60‑month range 12.41 SAR – 29.29 SAR · fair‑value band 6.37 SAR – 18.98 SAR · the 14.25 SAR price screens above the 12.33 SAR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 9, 2026.
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Alandalus Property Company, a real estate company, engages in investment, development, and operation of commercial real estate properties in the Kingdom of Saudi Arabia. The company constructs, owns, and manages commercial and residential complexes and centers.
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It also involved in the general contracting services for residential and commercial buildings, educational, recreational, and healthcare buildings, as well as roads, dams, water and sewage projects, and electrical and mechanical works.
In addition, the company provides maintenance and operation of real estate properties, buildings, and commercial facilities. Alandalus Property Company was incorporated in 2006 and is headquartered in Riyadh, Saudi Arabia.
Stock analysis
Alandalus Property Company (4320) currently trades at 14.25 SAR, while our model-based Fair Value estimate is 12.33 SAR, 13% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of 14.51 SAR per share, and 4 of the 10 models we run sit above the 14.25 SAR price.
Bear case: the Asset-Based group reads lowest at 6.83 SAR, and 6 of the 10 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 6.37 SAR (bear) to 18.98 SAR (bull), the price of 14.25 SAR sits inside 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 40/100 (below-average quality), in the Real Estate sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Alandalus Property Company reported revenue of 237M SAR in FY2025 versus 214M SAR in FY2021, a compound +2.5%/yr. Reported net income was −18.3M SAR in FY2025.
Key figures
Market cap 1.9B SAR (≈ $518M) Small · P/E ratio 285.0 · P/S ratio 7.20 · EPS (TTM) 0.0500 SAR · Dividend yield 4.0% · Net margin 1.9% · Return on equity 1.7% · Return on assets (EBIT) 4.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 41 out of 100 (medium confidence).
What moves the price
The share trades about 25% below its 52-week high and 15% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at −15% fair-value upside, at −13%, 4320 screens cheaper than that median.
Fair Value models
Bear6.37 SARFair Value 12.33 SARBull18.98 SAR
Price 14.25 SAR · Downside -13.4%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (0.0433 SAR per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = 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.
Best data coverage
FCF DCF12.43 SAR21.02 SAR32.41 SAR79
Growth DCF12.77 SAR20.48 SAR30.19 SAR78
5Y EBITDA Exit7.49 SAR14.51 SAR22.33 SAR73
All 11 models by family
DCF Models
FCF DCF12.43 SAR21.02 SAR32.41 SAR79
5Y Revenue Exit3.51 SAR7.31 SAR11.77 SAR70
5Y EBITDA Exit7.49 SAR14.51 SAR22.33 SAR73
10Y Revenue Exit6.75 SAR10.79 SAR15.52 SAR66
10Y EBITDA Exit9.28 SAR15.42 SAR22.89 SAR67
Multiples
EV/EBIT2.38 SAR6.29 SAR10.21 SAR61
EV/EBITDA5.03 SAR9.83 SAR14.62 SAR64
EV/Revenuen/an/a2.66 SAR50
Asset-Based
NCAV (Graham)5.10 SAR6.83 SAR10.19 SAR54
Growth DCF
Growth DCF12.77 SAR20.48 SAR30.19 SAR78
Rev-Margin DCF2.16 SAR5.67 SAR9.38 SAR69
The fair value above starts from this blend and is adjusted for dilution from new shares.
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.59/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−1.4%
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.
+3.1%
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.
+7.2%
Start year 2020 (pandemic). Over 10 years: +6.5% a year
Revenue growth 13 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.
+5.3%
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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.
48.4% (2020) → 28.0% (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
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+10.4%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Saudi Arabia: IMF forecast 2.1% a year to 2030, 1.7% from 2016 to 2025) that is about +8.2% a year for the price.
Compare Alandalus Property Company with another stock
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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.Real Estate Services · 478 stocks
Beats the industry median on 3/14 measures
Overall it trails its industry peers.
Valuation
Quality Score40 · Bottom 25%
Fair Value upside−13.4% · Below median
Profitability
Return on equity (12 months)1.7% · Below median
Return on assets−0.9% · Bottom 25%
Net margin (12 months)1.9% · Below median
Operating margin (12 months)40.8% · Above median
Growth and dividend
Revenue growth (quarter YoY)65.4% · Top 25%
Dividend yield (12 months)4.0% · Above median
Balance sheet
Debt / equity0.91× · Above median
Valuation Multiplesvs Real Estate Services median · lower = cheaper
P/E (12 months)285.0× · Priciest 25%
P/B2.04× · Priciest 25%
P/S (12 months)7.20× · Priciest 25%
Price / free cash flow (fiscal year)13.8× · Pricier than median
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Alandalus Property Company Fair Value". https://www.fairvalue-calculator.com/stock/4320
Frequently asked questions
Is Alandalus Property Company (4320) overvalued or undervalued?
As of Nov 9, 2026, our model estimates a fair value of 12.33 SAR versus a price of 14.25 SAR, about 13% lower (overvalued).
What is the fair value of 4320?
Our model-based fair value for Alandalus Property Company is 12.33 SAR (as of Nov 9, 2026), built from audited fundamentals. The current price: 14.25 SAR.
What is the quality score of 4320?
Alandalus Property Company has a Quality Score of 40/100. 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 Alandalus Property Company (4320)?
Our model-based price target is the fair value of 12.33 SAR (as of Nov 9, 2026) from 11 valuation models. Cautious scenario 6.37 SAR, optimistic scenario 18.98 SAR. It is a calculation from audited fundamentals, not an analyst target.
What is the Alandalus Property Company stock forecast for 2026?
Our models put fair value at 12.33 SAR, about 13% lower versus a price of 14.25 SAR (overvalued). Cautious scenario 6.37 SAR, optimistic scenario 18.98 SAR. The calculation is refreshed regularly with new filings.
What is the revenue of Alandalus Property Company (4320)?
Alandalus Property Company reported trailing-twelve-month revenue of about 270M SAR (latest available figure, as of Nov 9, 2026).
Does Alandalus Property Company pay a dividend?
Alandalus Property Company currently shows a dividend yield of 4.03% relative to its recent price (as of Nov 9, 2026).
How much is the dividend of Alandalus Property Company (4320)?
Alandalus Property Company has a dividend yield of 4.0%.
What growth is priced into Alandalus Property Company (4320)?
For today's price to be fair in a discounted-cash-flow model, Alandalus Property Company would have to grow free cash flow by +10.4 % per year for five years (discount rate 10.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +7.2 % per year. As of Nov 9, 2026.
What discount rate (WACC) does the fair value of 4320 use?
Our models discount Alandalus Property Company at 10.3 %: a base by market capitalisation (small), damped by beta 0.16, country premium for Saudi Arabia. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Alandalus Property Company that is +10.4 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.3 %) and the same formula as our fair value.
How much growth has Alandalus Property Company (4320) delivered so far?
Over the past 5 years revenue at Alandalus Property Company grew +7.2 % a year. The price currently implies free-cash-flow growth of +10.4 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Alandalus Property Company (4320) growing?
The median revenue growth in the sector is +2.8 % a year. That is the yardstick for the growth priced into Alandalus Property Company (+10.4 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Alandalus Property Company (4320)?
The free-cash-flow yield on the price is 7.28 %: that much free cash flow Alandalus Property Company produces per unit of market value. When it exceeds the discount rate of our models (10.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Alandalus Property Company (4320)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Alandalus Property Company it is 12.33 SAR per share (as of Nov 9, 2026), against a price of 14.25 SAR. It is the blended result of 11 valuation models in 4 families (DCF Models, Multiples, Asset-Based, Growth DCF).
Is Alandalus Property Company stock overvalued or undervalued in 2026?
As of Nov 9, 2026, 4320 trades above its calculated fair value: price 14.25 SAR, fair value 12.33 SAR, a gap of about −13% (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 4320?
No. The price is what the market pays today (14.25 SAR); the fair value is what the company's own numbers justify (12.33 SAR). For Alandalus Property Company the two are 1.92 SAR per share apart. That gap is exactly why we show both numbers side by side.
How much is Alandalus Property Company worth?
The market values Alandalus Property Company at about 1.9B SAR (market capitalisation, as of Nov 9, 2026). Per share that is 14.25 SAR; our models calculate a fair value of 12.33 SAR per share.
What do the bullish and bearish scenarios say about 4320?
Our models span a range for Alandalus Property Company: cautious scenario 6.37 SAR, base 12.33 SAR, optimistic 18.98 SAR per share (as of Nov 9, 2026, price 14.25 SAR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 4320?
Alandalus Property Company trades at a price-to-earnings ratio of 285.0 (as of Nov 9, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 12.33 SAR is built from several models across several years. Other multiples: P/B 2.0, P/S 7.2, EV/EBITDA 22.3.
How solid is the balance sheet of Alandalus Property Company (4320)?
Balance-sheet figures for Alandalus Property Company (as of Nov 9, 2026): return on equity 1.7%, debt of 0.91 per unit of equity. They feed the Quality Score of 40/100, which measures business quality independently of the share price.
How far is 4320 from its 52-week high?
Alandalus Property Company trades at 14.25 SAR, about 25% below its 52-week high of 19.12 SAR and 15% above the low of 12.41 SAR (as of Nov 11, 2026). Distance from the high says nothing about value: that is what the fair value of 12.33 SAR is for.
Which stocks are comparable to Alandalus Property Company?
From the same area (Real Estate) we also value CBRE Group, Cellnex Telecom, S.A, KE Holdings, Swire Properties Limited, 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 Alandalus Property Company stock attractive at the current price?
The data as of Nov 9, 2026: price 14.25 SAR, calculated fair value 12.33 SAR (−13%), Quality Score 40/100, from 11 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 4320 calculated?
We run Alandalus Property Company through 11 models from 4 families: DCF Models, Multiples, Asset-Based, Growth DCF. Every model gets the same audited fundamentals; the fair value of 12.33 SAR builds on their evidence-weighted average, 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 14.0% above its aggregate fair value. Alandalus Property Company 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 Alandalus Property Company (4320)?
The closing price on Nov 11, 2026 was 14.25 SAR. Our model-based fair value is 12.33 SAR, about 13% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Alandalus Property Company right now?
The model range is unusually wide (6.37 SAR to 18.98 SAR). The outcome hinges heavily on assumptions, so read the point estimate with caution. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Key figures of Alandalus Property Company
How large is the market capitalisation of Alandalus Property Company (4320)?
The market capitalisation of Alandalus Property Company is 1.9B SAR (≈ $518M). 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 Alandalus Property Company (4320)?
The price-to-sales ratio of Alandalus Property Company is 7.20 (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 Alandalus Property Company (4320)?
Earnings per share at Alandalus Property Company are 0.0500 SAR (price ÷ EPS = P/E 285.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Alandalus Property Company (4320)?
The dividend yield of Alandalus Property Company is 4.0%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Alandalus Property Company (4320)?
The net margin of Alandalus Property Company is 1.9% (last twelve months). 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 Alandalus Property Company (4320)?
The return on equity (ROE) of Alandalus Property Company is 1.7% (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 Alandalus Property Company (4320)?
On an EBIT basis the return on assets of Alandalus Property Company is 4.4% (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 Alandalus Property Company (4320)?
The operating margin of Alandalus Property Company is 40.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Alandalus Property Company (4320)?
Revenue at Alandalus Property Company is growing +65.4% versus a year earlier (3y avg +3.1%). 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 Alandalus Property Company (4320)?
Earnings per share at Alandalus Property Company are growing −66.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Alandalus Property Company (4320) carry?
The net debt of Alandalus Property Company is 874M SAR (fiscal year 2025, ≈ 6.2 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Some data
Nov 9, 2026