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Arabian Internet and Communication Services Company (7202) Fair Value & Analysis

Communication Services · SA · Market cap 25.5B SAR

AI Arabian Internet and Communication Services Company 7202 · SR
Price214.90 SAR
Fair Value207.61 SAR
Upside-3.4%
Quality57/100
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Expensive Growth
Solidly profitable · 11.7% net margin
Low debt · negative free cash flow
3.79% dividend yield
Ranks above peers (11/13)
Moderate moat 60/100
Evidence: High Range 129.13 SAR – 334.45 SAR Share as image

Fair value as of: Jul 31, 2026

From 17 valuation models · updated 10 days ago

Share price +5.2% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (129.13 SAR to 334.45 SAR) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

361.51 SAR 157.57 SAR Fair Value 207.61 SAR Oct 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 31, 2026.

How to read this chart

57‑month range 157.57 SAR – 361.51 SAR · fair‑value band 129.13 SAR – 334.45 SAR · the 214.90 SAR price screens above the 207.61 SAR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 31, 2026.

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Analysis

Arabian Internet and Communication Services Company (7202) currently trades at 214.90 SAR, while our model-based Fair Value estimate is 207.61 SAR, implying the stock looks roughly 3.4% fairly valued today. The Quality Score stands at 57/100 (solid quality), in the Communication Services 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, Arabian Internet and Communication Services Company generated revenue of 12.9B SAR at a net margin of 11.7%. Revenue grew 6.3% year over year. It earns a return on equity of 33.7%. The balance sheet holds a net cash position of 550M SAR. Fundamentals as of Jul 31, 2026

Our scenario range runs from 129.13 SAR (bear case) to 334.45 SAR (bull case); at 214.90 SAR, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 18% below its 52-week high and 31% above its 52-week low, currently below its 200-day average. For context, the median of 10 Communication Services peers we cover trades at 32% fair-value upside, at -3%, 7202 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
Residual Income 73.97 SAR 87.54 SAR 308.35 SAR 76
ROIC Compounder 141.61 SAR 181.24 SAR 228.92 SAR 72
Gordon GGM 91.82 SAR 190.91 SAR 302.86 SAR 70
All 17 models by family
DCF Models
Owner Earnings 210.46 SAR 402.66 SAR 759.49 SAR 31
Earnings-Based
Graham-Dodd 85.86 SAR 465.67 SAR 645.62 SAR 54
Lynch FV 129.13 SAR 184.46 SAR 239.80 SAR 50
PEG = 1.0 129.13 SAR 184.46 SAR 239.80 SAR 46
EPV 127.54 SAR 147.24 SAR 164.47 SAR 59
Dividend Discount
Gordon GGM 91.82 SAR 190.91 SAR 302.86 SAR 70
DDM Multi-Stage 91.82 SAR 160.98 SAR 200.36 SAR 61
Multiples
P/E Multiple 208.33 SAR 277.77 SAR 347.21 SAR 63
P/S Multiple 160.98 SAR 214.64 SAR 268.30 SAR 58
P/B Multiple 94.54 SAR 126.05 SAR 157.57 SAR 55
EV/EBIT 174.81 SAR 229.95 SAR 285.09 SAR 53
EV/EBITDA 159.61 SAR 209.69 SAR 259.76 SAR 54
EV/Revenue 134.83 SAR 188.59 SAR 242.36 SAR 43
Asset-Based
NCAV (Graham) 18.01 SAR 24.13 SAR 36.02 SAR 50
Economic Profit
Residual Income 73.97 SAR 87.54 SAR 308.35 SAR 76
ROIC Compounder 141.61 SAR 181.24 SAR 228.92 SAR 72
Growth Earnings
Growth-Adj P/E 193.47 SAR 276.39 SAR 359.30 SAR 68

Widest divergence: DCF Models (402.66 SAR) versus Asset-Based (24.13 SAR). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 12.9B SAR
Revenue growth (YoY) +6.3%
Net margin 11.7%
Return on equity 33.7%
Free cash flow −275M SAR FY2025
P/E ratio 17.0
More key figures
Operating margin 13.3%
EPS (TTM) 12.60 SAR
Dividend yield 3.8%
EPS growth (YoY) +2.7%
Net cash 550M SAR FY2025

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

Quality Score breakdown

Overall quality 57/100

Of which business quality 55 · Market factors (momentum, volatility) 50

Profitability 67
Margins and returns on capital today
Quality Growth 36
Are margins and returns improving?
Cashflow 10
Earnings quality: real cash, not paper profit
Fin. Strength 76
Balance sheet, leverage, solvency risk
Investment 61
Disciplined investing over empire-building
Low Volatility 86
Calm price path (market factor)
Momentum 34
Price trend over the last 3–12 months (market factor)
52W Momentum 38
Distance to the 52-week high (market factor)
Net Issuance 87
Buybacks instead of dilution

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

Arabian Internet and Communication Services Company offers information communication and technology and other services to healthcare, real estate, education, government, oil and gas, telecom, and banking sectors.

Full company description

Arabian Internet and Communication Services Company offers information communication and technology and other services to healthcare, real estate, education, government, oil and gas, telecom, and banking sectors. It engages in the extension, installation, managing, and monitoring of computer networks, wiring, and communications; road repair, maintenance, and supplies; installation, repair, maintenance, environmental monitoring, and control operation; and provision of system integration, connectivity, business outsourcing, cybersecurity integration, managed, senior management advisory, and engineering consultations services. The company also undertakes manufacturing, assembling, operating, maintenance, electromechanical, and electronic works; designs engineering and scientific systems, computer systems and accessories, Xerox and graphic machines, automatic control devices, wire and wireless communication devices, and spare parts; sells computer software, electronic hardware and device, and supplies and accessories; lease and maintains devices; and designs, supplies, installs, and maintains security, alarm, automatic firefighting, circuit breaker systems, and communication devices, optical ground wire grids, electricity transmission lines, power transformation stations, generators, and auxiliary plants; and supplies, installs, and maintains educational laboratories. It also repairs and maintains engines, systems, and fixed and portable data storage devices; installs and maintains security devices; advises, tests, and measures environmental indicators; operates air laboratories; wholesales environmental monitoring and control systems; implements projects; and designs, supplies, installs, operates, and maintains grids, stations, and booster pumping station. The company was incorporated in 2003 and is based in Riyadh, Saudi Arabia. Arabian Internet and Communication Services Company is a subsidiary of Saudi Telecom Company.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Arabian Internet and Communication Services Company reported revenue of 12.7B SAR in FY2025 versus 7.8B SAR in FY2021, a compound +13.0%/yr. Reported net income was 1.5B SAR in FY2025, compounding +15.9%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
12.7B SAR
Latest YoY
+5.5%
Avg. growth/yr (3Y) 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.
+13.1%
Avg. growth/yr (5Y) 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.
+13.1%
Avg. growth/yr (8Y) 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.
+20.0%
Revenue +13.0%/yr
FY21 7.8B SAR
FY22 8.8B SAR
FY23 11.0B SAR
FY24 12.1B SAR
FY25 12.7B SAR
Net income +15.9%/yr
FY21 833M SAR
FY22 1.1B SAR
FY23 1.2B SAR
FY24 1.6B SAR
FY25 1.5B SAR

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Cite: Fair Value Calculator (2026). "Arabian Internet and Communication Services Company Fair Value". https://www.fairvalue-calculator.com/stock/7202

Peer Group

Telecom Services · 250 stocks

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.

Quality Score 57 · Above median
Fair Value upside −3% · Below median
Return on equity (TTM) 34% · Top 25%
Return on assets 8% · Top 25%
Net margin (TTM) 12% · Above median
Operating margin (TTM) 13% · Above median
Revenue growth 6% · Above median
Dividend yield (TTM) 3.8% · Above median
Debt / equity 0.15× · Lower than median

Valuation Multiples vs Telecom Services median · lower = cheaper

P/E (TTM) 17.0× · Cheaper than median
P/B 1.58× · Pricier than median
P/S (TTM) 0.53× · Cheaper than 75% of peers
EV/EBITDA 3.0× · Cheaper than 75% of peers

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 · sector 29
FUTURE 32 · sector 15
PAST 100 · sector 28
HEALTH 93 · sector 88
DIVIDEND 76 · sector 73

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 Telecom Services stocks, each showing price versus our Fair Value estimate (as of Jul 31, 2026).

Stock Price Fair Value vs Fair Value
China Mobile Limited 600941 ¥89.98 ¥109.88 +22%
T-Mobile US, Inc TMUS $187.61 $172.67 -8%
Bharti Airtel Limited BHARTIARTL ₹1,922 ₹941.55 -51%
China Telecom Corporation 601728 ¥6.01 ¥8.36 +39%
América Móvil, S.A. AMXB 23.07 MXN 30.35 MXN +32%
Vodafone Group VODN 259.50 MXN 507.27 MXN +95%
Advanced Info Service Public Company ADVANC 379.00 THB 286.77 THB -24%
Chunghwa Telecom Co 2412 133.50 TWD 100.00 TWD -25%
China Unicom (Hong Kong) Limited 0762 HK$6.50 HK$13.03 +100%
Telefónica, S.A TEFN 75.67 MXN 111.01 MXN +47%

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Frequently asked questions

Is Arabian Internet and Communication Services Company (7202) overvalued or undervalued?
As of Jul 31, 2026, our model estimates a fair value of 207.61 SAR versus a price of 214.90 SAR, about −3% (fairly valued).
What is the fair value of 7202?
Our model-based fair value for Arabian Internet and Communication Services Company is 207.61 SAR (as of Jul 31, 2026), built from audited fundamentals. The current price is 214.90 SAR.
What is the quality score of 7202?
Arabian Internet and Communication Services Company has a Quality Score of 57/100. 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 revenue of Arabian Internet and Communication Services Company (7202)?
Arabian Internet and Communication Services Company reported trailing-twelve-month revenue of about 12.9B SAR (latest available figure, as of Jul 31, 2026).
What is the net profit margin of 7202?
The net profit margin of Arabian Internet and Communication Services Company is about 11.7%, meaning it keeps roughly 11.7% of revenue as net income. Based on the latest reported figures.
Does Arabian Internet and Communication Services Company pay a dividend?
Arabian Internet and Communication Services Company currently shows a dividend yield of about 3.79% relative to its recent price (as of Jul 31, 2026).

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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