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8190 Fair Value & Analysis

Financial Services · Market cap 124M SAR

8 8190 8190 · SR
Price3.09 SAR
Fair Value6.18 SAR
Upside+100.0%
Quality35/100
Expensive Growth
Loss-making · -32.1% net margin
negative free cash flow
Trails peers (3/9)
Narrow moat 0/100
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Evidence: Low Range 3.57 SAR – 8.23 SAR Share as image

Fair value as of: Jul 31, 2026

From 4 valuation models · updated today

Share price −7.8% over the past month.

What matters now

  • The large discount to fair value meets weak quality (35/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (3.57 SAR). The market is more pessimistic than our downside scenario.
  • 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 (3.57 SAR to 8.23 SAR) leaves room in how you read the outcome.

Price vs Fair Value (12 months)

5.94 SAR 2.82 SAR Fair Value 6.18 SAR Aug 2025 Jul 2026

12‑month range 2.82 SAR – 5.94 SAR · fair‑value band 3.57 SAR – 8.23 SAR · the 3.09 SAR price screens below the 6.18 SAR fair value. As of Jul 31, 2026.

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Analysis

8190 (8190) currently trades at 3.09 SAR, while our model-based Fair Value estimate is 6.18 SAR, implying the stock looks roughly 100.0% undervalued today. We read business quality at 35/100 (below-average quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low), always confirm before acting.

Over the trailing twelve months, 8190 generated revenue of 748M SAR at a net margin of -32.1%. Revenue declined 54.6% year over year. The balance sheet holds a net cash position of 71.7M SAR. Fundamentals as of Jul 31, 2026

Our scenario range runs from 3.57 SAR (bear case) to 8.23 SAR (bull case); at 3.09 SAR, the current price sits below that range. The share trades about 54% below its 52-week high and 16% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 6% fair-value upside, at 100%, 8190 screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 748M SAR
Revenue growth (YoY) -54.6%
Net margin -32.1%
Return on equity -181%
Free cash flow −193M SAR FY2025
Operating margin -6.8%
More key figures
EPS (TTM) -6.00 SAR
Net cash 71.7M SAR FY2024

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

Quality Score breakdown

Overall quality 35/100
Profitability 32
Quality Growth 36
Cashflow 5
Fin. Strength 10
Investment 100
Low Volatility 75
Momentum 21
52W Momentum 5
Net Issuance 77

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.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

8190 reported revenue of 653M SAR in FY2025 versus 227M SAR in FY2021, a compound +30.2%/yr. Reported net income was −256M SAR in FY2025.

Revenue +30.2%/yr
FY21 227M SAR
FY22 319M SAR
FY23 656M SAR
FY24 754M SAR
FY25 653M SAR
Net income
FY21 −73.7M SAR
FY22 −55.5M SAR
FY23 5.3M SAR
FY24 −15.1M SAR
FY25 −256M SAR

Is 8190 fairly valued? → Check now

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Cite: Fair Value Calculator (2026). "8190 Fair Value". https://www.fairvalue-calculator.com/stock/8190

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 100 / 44
FUTURE 0 / 29
PAST 0 / 49
HEALTH 0 / 89
DIVIDEND 0 / 50

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 Insurance - Diversified stocks, each showing price versus our Fair Value estimate (as of Jul 31, 2026).

Stock Price Fair Value vs Fair Value
Berkshire Hathaway Inc BRYN €423.40 €346.77 -18%
Allianz SE ALV €381.60 €363.76 -5%
Zurich Insurance Group ZURN CHF 586.80 CHF 619.80 +6%
AXA SA AXAN 795.49 MXN 1,003 MXN +26%
Assicurazioni Generali S.p.A ARZGY $24.42 $19.59 -20%
Sun Life Financial Inc SLF C$102.80 C$89.03 -13%
American International Group AIGB34 R$386.46 R$457.31 +18%
The Hartford Insurance Group H1IG34 R$727.00 R$1,310 +80%
BB Seguridade Participações S.A BBSE3 R$36.63 R$44.01 +20%
Tryg A/S TRYG kr 150.80 kr 109.55 -27%

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Frequently asked questions

Is 8190 overvalued or undervalued?
As of Jul 31, 2026, our model estimates a fair value of 6.18 SAR versus a price of 3.09 SAR, about +100% (undervalued).
What is the fair value of 8190?
Our model-based fair value for 8190 is 6.18 SAR (as of Jul 31, 2026), built from audited fundamentals. The current price is 3.09 SAR.
What is the quality score of 8190?
8190 has a Quality Score of 35/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of 8190?
8190 reported trailing-twelve-month revenue of about 748M SAR (latest available figure, as of Jul 31, 2026).
What is the net profit margin of 8190?
The net profit margin of 8190 is about -32.1%, 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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