Saudi Electricity Company (5110) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of Saudi Electricity Company SAR 45.43, price SAR 15.62, upside +190.9%, quality 47 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? No
- Add to watchlist
Saudi Electricity Company
5110 · SRCheap, value-trap riskThe stock looks deeply undervalued, but low quality raises value-trap risk.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range 11.25 SAR – 25.65 SAR · fair‑value band 31.80 SAR – 66.17 SAR · the 15.62 SAR price screens below the 45.43 SAR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Sep 24, 2026.
Every Wednesday you see whether Saudi Electricity is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Company profile
Saudi Energy Company, together with its subsidiaries, generates, transmits, and distributes electricity in the Kingdom of Saudi Arabia. It operates through Generation, Transmission, Distribution and Subscriber Services, and Others segments.
Show more
Saudi Energy Company, together with its subsidiaries, generates, transmits, and distributes electricity in the Kingdom of Saudi Arabia. It operates through Generation, Transmission, Distribution and Subscriber Services, and Others segments. The company engages in the construction, lease, management, and operation of electric and fiber optic networks to provide telecommunication services; electricity transmission activities; management of construction projects; development of detailed designs; purchase of materials; execution of projects in the energy sector; water purification and desalination; wireless telecommunication activities; management of computing facilities; preparation of data hosting sites on networks; development, management, lease, buy, and sale of land and real estate; and investment activities. In addition, it provides support services for the issuance of international bonds and sukuks, and wholesale services for infrastructures. It serves governmental, industrial, agricultural, commercial, and residential consumers. The company was formerly known as Saudi Electricity Company and change its name to Saudi Energy Company in March 2026. The company was incorporated in 2000 and is based in Riyadh, the Kingdom of Saudi Arabia.
Stock analysis
Saudi Electricity Company (5110) currently trades at 15.62 SAR, while our model-based Fair Value estimate is 45.43 SAR, implying the stock looks roughly 65.6% undervalued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of 45.43 SAR per share, and 11 of the 16 models we run sit above the 15.62 SAR price.
Bear case: the Economic Profit group reads lowest at 5.64 SAR, and 5 of the 16 models stay below the price. Evidence for this calculation is high.
Scenario range: 31.80 SAR (bear) to 66.17 SAR (bull), the price of 15.62 SAR sits below 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 47/100 (below-average quality), in the Utilities sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Saudi Electricity Company reported revenue of 102B SAR in FY2025 versus 69.3B SAR in FY2021, a compound +10.2%/yr. Reported net income was 13.0B SAR in FY2025, compounding −2.6%/yr from FY2021.
Key figures
Market cap 70.7B SAR (≈ $18.8B) · P/E ratio 13.6 · P/S ratio 1.72 · EPS (TTM) 1.15 SAR · Dividend yield 4.5% · Net margin 12.7% · Return on equity 5.4% · Return on assets (EBIT) 3.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (medium confidence).
What moves the price
The share trades about 15% below its 52-week high and 20% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Utilities peers we cover trades at −34% fair-value upside, at 191%, 5110 screens cheaper than that median.
Fair Value models
All 16 models by family
Notify me when 5110 reaches fair value
Put 5110 on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.
Set up alert →Quality Score breakdown
Of which business quality 44 · Market factors (momentum, volatility) 62
Revenue & earnings trend
Watch 5110, get fair value alerts →
Compare Saudi Electricity Company with another stock
Price, fair value, quality and upside side by side.
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.Utilities - Regulated Electric · 159 stocks
Valuation Multiplesvs Utilities - Regulated Electric median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Utilities sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Utilities
- Valuation of the Saudi Arabia market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Utilities - Regulated Electric stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| NextEra Energy, Inc NEE | $75.62 | $29.97 | −60% |
| The Southern Company SO | $83.47 | $58.74 | −30% |
| Duke Energy Corporation DUK | $114.17 | $74.89 | −34% |
| American Electric Power Company AEP | $118.40 | $100.09 | −15% |
| Dominion Energy, Inc D | $61.17 | $37.67 | −38% |
| Entergy Corporation ETR | $99.23 | $38.37 | −61% |
| Xcel Energy Inc XEL | $70.66 | $54.92 | −22% |
| Exelon Corporation EXC | $40.69 | $36.26 | −11% |
| Consolidated Edison, Inc ED | $102.61 | $47.92 | −53% |
| Public Service Enterprise Group PEG | $67.31 | $33.43 | −50% |
Explore undervalued stocks
More undervalued Utilities stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is Saudi Electricity Company (5110) overvalued or undervalued?
What is the fair value of 5110?
What is the quality score of 5110?
What is the price target for Saudi Electricity Company (5110)?
What is the Saudi Electricity Company stock forecast for 2026?
What is the revenue of Saudi Electricity Company (5110)?
Does Saudi Electricity Company pay a dividend?
What is the intrinsic value of Saudi Electricity Company (5110)?
Is Saudi Electricity Company stock overvalued or undervalued in 2026?
Is fair value the same as the market price of 5110?
How much is Saudi Electricity Company worth?
What do the bullish and bearish scenarios say about 5110?
What is the P/E ratio of 5110?
How solid is the balance sheet of Saudi Electricity Company (5110)?
How far is 5110 from its 52-week high?
Which stocks are comparable to Saudi Electricity Company?
Is Saudi Electricity Company stock attractive at the current price?
How is the fair value of 5110 calculated?
Is it still worth investing in stocks now?
What is the share price of Saudi Electricity Company (5110)?
What should I pay attention to with Saudi Electricity Company right now?
Where does the earnings growth of Saudi Electricity Company (5110) come from?
Key figures of Saudi Electricity Company
How large is the market capitalisation of Saudi Electricity Company (5110)?
What is the P/S ratio of Saudi Electricity Company (5110)?
What are the earnings per share of Saudi Electricity Company (5110)?
What is the dividend yield of Saudi Electricity Company (5110)?
What is the net margin of Saudi Electricity Company (5110)?
What is the return on equity of Saudi Electricity Company (5110)?
What is the EBIT return on assets of Saudi Electricity Company (5110)?
What is the operating margin of Saudi Electricity Company (5110)?
How fast is revenue growing at Saudi Electricity Company (5110)?
How fast are earnings growing at Saudi Electricity Company (5110)?
How much free cash flow does Saudi Electricity Company (5110) generate?
How much net debt does Saudi Electricity Company (5110) carry?
Watch Saudi Electricity Company in the live analysis
One click puts Saudi Electricity Company on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.