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Retal Urban Development Company (4322) Fair Value & Analysis

Real Estate · SA · Market cap 5.1B SAR

RU Retal Urban Development Company 4322 · SR
Price10.16 SAR
Fair Value9.99 SAR
Upside-1.7%
Quality47/100
Healthy Growth
Solidly profitable · 11.6% net margin
Moderate debt · generates free cash flow
Mixed vs. peers (8/14)
Wide moat 66/100
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Evidence: High Range 7.49 SAR – 27.33 SAR Share as image

Fair value as of: Jul 31, 2026

From 26 valuation models · updated today

Share price −15.5% over the past month.

What matters now

  • The model range is unusually wide (7.49 SAR to 27.33 SAR). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • 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)

15.11 SAR 10.16 SAR Fair Value 9.99 SAR Aug 2025 Jul 2026

12‑month range 10.16 SAR – 15.11 SAR · fair‑value band 7.49 SAR – 27.33 SAR · the 10.16 SAR price screens above the 9.99 SAR fair value. As of Jul 31, 2026.

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Analysis

Retal Urban Development Company (4322) currently trades at 10.16 SAR, while our model-based Fair Value estimate is 9.99 SAR, implying the stock looks roughly 1.7% fairly valued today. We read business quality at 47/100 (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: high).

Over the trailing twelve months, Retal Urban Development Company generated revenue of 2.4B SAR at a net margin of 11.6%. Revenue grew 1.8% year over year. It earns a return on equity of 32.3%. Net debt stands at 759M SAR. Fundamentals as of Jul 31, 2026

Our scenario range runs from 7.49 SAR (bear case) to 27.33 SAR (bull case); at 10.16 SAR, the current price sits within that range. The share trades about 34% below its 52-week high and 2% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at -2% fair-value upside, at -2%, 4322 screens richer than that median.

Key figures & financial health

Revenue (TTM) 2.4B SAR
Revenue growth (YoY) +1.8%
Net margin 11.6%
Return on equity 32.3%
Free cash flow 363M SAR FY2025
P/E ratio 17.8
More key figures
Operating margin 17.9%
EPS (TTM) 0.5700 SAR
EPS growth (YoY) -13.0%
Net debt 759M SAR FY2025

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

Quality Score breakdown

Overall quality 47/100
Profitability 47
Quality Growth 41
Cashflow 70
Fin. Strength 27
Investment 46
Low Volatility 76
Momentum 13
52W Momentum 2
Net Issuance 86

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

Retal Urban Development Company, through its subsidiaries, operates as a real estate developer in the Kingdom of Saudi Arabia. It operates through the Real Estate Development, Investment, and Other segments.

Full company description

Retal Urban Development Company, through its subsidiaries, operates as a real estate developer in the Kingdom of Saudi Arabia. It operates through the Real Estate Development, Investment, and Other segments. The company engages in the construction, purchase, sale, and rental of land and real estate; general cleaning, maintenance, and operation of buildings, gardens, parks, and sports facilities; erection, management, and maintenance of industrial, commercial and service projects, restaurants, central markets, residential compounds, and commercial and industrial complexes; general contracting for residential, commercial, public, educational, recreational, medical, airport, and precast buildings; construction of roads, dams, tunnels, sewage, air conditioning, and refrigeration projects; electrical, mechanical, digging, and renovation related works; and management and operation of factories, industrial projects, shopping malls, and infrastructure construction. It is also involved in the management and rental of owned and leased residential and non-residential real estate; care and maintenance of parks and gardens for public housing purposes, building landscapes, home gardens, roof gardens, private building facades, highway parks, sports grounds and golf courses, and noise protection plants; transportation of non-hazardous industrial waste; municipal waste collection; land maintenance activities; and wind and desertification landscape design services activities. The company was incorporated in 2012 and is headquartered in Al Khobar, Saudi Arabia. Retal Urban Development Company operates as a subsidiary of Al Fozan Holding Company.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Retal Urban Development Company reported revenue of 2.4B SAR in FY2025 versus 1.1B SAR in FY2021, a compound +22.4%/yr. Reported net income was 293M SAR in FY2025, compounding +10.9%/yr from FY2021.

Revenue +22.4%/yr
FY21 1.1B SAR
FY22 1.1B SAR
FY23 1.4B SAR
FY24 2.1B SAR
FY25 2.4B SAR
Net income +10.9%/yr
FY21 194M SAR
FY22 246M SAR
FY23 202M SAR
FY24 266M SAR
FY25 293M SAR

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Cite: Fair Value Calculator (2026). "Retal Urban Development Company Fair Value". https://www.fairvalue-calculator.com/stock/4322

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 31 / 51
FUTURE 9 / 0
PAST 100 / 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 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 Retal Urban Development Company (4322) overvalued or undervalued?
As of Jul 31, 2026, our model estimates a fair value of 9.99 SAR versus a price of 10.16 SAR, about −2% (fairly valued).
What is the fair value of 4322?
Our model-based fair value for Retal Urban Development Company is 9.99 SAR (as of Jul 31, 2026), built from audited fundamentals. The current price is 10.16 SAR.
What is the quality score of 4322?
Retal Urban Development Company has a Quality Score of 47/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Retal Urban Development Company (4322)?
Retal Urban Development Company reported trailing-twelve-month revenue of about 2.4B SAR (latest available figure, as of Jul 31, 2026).
What is the net profit margin of 4322?
The net profit margin of Retal Urban Development Company is about 11.6%, meaning it keeps roughly 11.6% 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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