EN DE
Watch National Building And Marketing Co for free: we tell you when fair value or trend changes.
Data-driven stock valuation

National Building And Marketing Co (9510) fair value: what the stock is really worth

As of Oct 28, 2026: fair value (intrinsic value) of National Building And Marketing Co stock SAR 58.41, price SAR 50.00, upside +16.8%, quality 36 out of 100. Rating: undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free

Basic Materials SA · ISIN SA14I0DKKJ17

NB National Building And Marketing Co logo Some data Oct 28, 2026

National Building And Marketing Co

9510 · SR
SpeculativeFair value less than 30% above the price, weak quality and a downtrend.Plus: Profit last quarter +79% vs. a year ago.

The stock costs 14% less than our calculation considers fair.

Fair value 58.41 SAR · Undervalued (14%)
Low debt
Expensive Growth (revenue 5y +24.5 %/yr in SAR)
Thin margins · 1.9% net margin (TTM)
Some data
Quality 36/100
Negative free cash flow
Trails peers (3/12)
Narrow moat 33/100
⟳ Cyclical

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

457.40 SAR 36.50 SAR Fair Value 58.41 SAR Dec 2019 Oct 2026

White line = price, green steps = our fair value per fiscal year. As of Oct 28, 2026.

How to read this chart

60‑month range 36.50 SAR – 457.40 SAR · fair‑value band 24.92 SAR – 80.93 SAR · the 50.00 SAR price screens below the 58.41 SAR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Oct 28, 2026.

Follow National Building And Marketing Co in your weekly email

Every Wednesday you see whether National Building And Marketing Co 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.

Which stocks are undervalued right now? Check free Discover now →

Company profile

National Building and Marketing Co. engages in the wholesale and retail trade of construction materials in the Kingdom of Saudi Arabia.

Show moreShow less

The company offers a wide range of products, including ordinary and film-faced plywood, timber wood, scaffolding boards, wood blankets, rebar fabrication, wire mesh, rebar steel, epoxy steel bars, steel props, double couplers, scaffold caster wheels, shuttering clamps, water stops, PVC water stop splicing, backup rods, Sika-Flex sealant, saafseal, wheel spacers, chair and clip spacers, PVC pipes and cones, block reinforcement mesh, Hy-Rib lath, Rib-Lath, block ladder mesh, corrugated angles, nylon rolls, protection boards, geotextile fabric, and fiber mesh.

It also provides PVC chamfers and tie wires, tie rods, wing nuts, water barrier flanges, washer plates, rapid clamps, angle and architrave beads, corner mesh, control joint and plaster stop beads, concrete and common nails, jute cloth, derma bits, Awazel, rockwool sheet insulation, filler glass, filler boards, wall insulation, floor and roof insulation, rockwool roll blankets, rockwool pipe insulation, sandwich panels, safety shoes, safety eyewear, respirators, fall protection products, safety helmets, working gloves, workwear, and reflective safety wear products.

In addition, the company involved in general construction; real estate trading; real estate development; manufactures primary iron products, steel sheets, panels, strip coils, bars, skewers, angles, wires, and sections of all shapes.

Further, it manufactures pipes, tubes, and hollow shapes of iron and steel, extending communication cables and network extensions; installs and extends computer and communication networks; provides wholesale infrastructure services; analyzing, systems, designing and programming special software; offers communications and information; and network management business.

National Building and Marketing Co. was founded in 1990 and is based in Riyadh, the Kingdom of Saudi Arabia.

Stock analysis

National Building And Marketing Co (9510) currently trades at 50.00 SAR, while our model-based Fair Value estimate is 58.41 SAR, implying the stock looks roughly 14.4% undervalued today.

Show more

Valuation

Bull case: the DCF Models group reads highest at a median of 123.42 SAR per share, and 3 of the 15 models we run sit above the 50.00 SAR price.

Bear case: the Earnings-Based group reads lowest at 13.83 SAR, and 12 of the 15 models stay below the price. Data coverage for this calculation is medium.

Scenario range: 24.92 SAR (bear) to 80.93 SAR (bull), the price of 50.00 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 36/100 (below-average quality), in the Basic Materials sector.

Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.

National Building And Marketing Co reported revenue of 857M SAR in FY2025 versus 678M SAR in FY2021, a compound +6.0%/yr. Reported net income was 10.5M SAR in FY2025, compounding −38.5%/yr from FY2021.

Key figures

Market cap 590M SAR (≈ $157M) Micro · P/E ratio 36.8 · P/S ratio 0.68 · EPS (TTM) 1.36 SAR · Net margin 1.9% · Return on equity 4.5% · Return on assets (EBIT) 7.9% · Operating margin 9.5%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 33 out of 100 (medium confidence).

What moves the price

The share trades about 52% below its 52-week high and 37% above its 52-week low, currently above its 200-day average.

For context, the median of 10 Basic Materials peers we cover trades at −43% fair-value upside, at 17%, 9510 screens cheaper than that median.

Fair Value models

Bear 24.92 SAR Fair Value 58.41 SAR Bull 80.93 SAR
Price 50.00 SAR · Upside +16.8%
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 (1.13 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
Owner Earnings 67.39 SAR 123.42 SAR 214.51 SAR 74
EPV 34.62 SAR 39.35 SAR 43.24 SAR 74
ROIC Compounder 37.18 SAR 48.80 SAR 61.77 SAR 72
All 15 models by family
DCF Models
Owner Earnings 67.39 SAR 123.42 SAR 214.51 SAR 74
Earnings-Based
Graham-Dodd 5.95 SAR 34.31 SAR 47.73 SAR 63
Lynch FV 9.68 SAR 13.83 SAR 17.97 SAR 61
PEG = 1.0 9.68 SAR 13.83 SAR 17.97 SAR 57
EPV 34.62 SAR 39.35 SAR 43.24 SAR 74
Multiples
P/E Multiple 11.16 SAR 14.88 SAR 18.61 SAR 63
P/S Multiple 11.16 SAR 14.88 SAR 18.61 SAR 58
P/B Multiple 65.86 SAR 87.81 SAR 109.76 SAR 55
EV/EBIT 12.44 SAR 31.64 SAR 50.83 SAR 61
EV/EBITDA 45.77 SAR 76.07 SAR 106.38 SAR 65
EV/Revenue 4.76 SAR 26.15 SAR 47.54 SAR 48
Asset-Based
NCAV (Graham) 14.64 SAR 19.61 SAR 29.27 SAR 54
Economic Profit
Residual Income 19.47 SAR 18.25 SAR 18.00 SAR 71
ROIC Compounder 37.18 SAR 48.80 SAR 61.77 SAR 72
Growth Earnings
Growth-Adj P/E 13.03 SAR 18.62 SAR 24.20 SAR 67

Open the full fair value analysis →

Quality Score breakdown

Overall quality 36/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 25
How much profit the company makes from its sales and capital
Quality Growth 24
Are margins and returns getting better?
Cashflow 17
Do the profits arrive as real cash?
Financial strength 17
Debt, balance sheet and risk of trouble
Investment 51
Does it invest with discipline instead of growing at any price?
Low Volatility 50
How calm the share price moves, does not count
Momentum 50
Price trend of the last 3 to 12 months, does not count
Near the 52-week high 8
Distance to the 52-week high, does not count
New shares 93
Buys back shares or issues new ones?

Open the full quality analysis →

Revenue & earnings trend

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. 58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+4.8%
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.
+9.5%
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.
+24.5%
Start year 2020 (pandemic). Over 10 years: +2.7% a year
Revenue growth 10 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.
+2.7%
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: EBIT basis.
≈ +19.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year≈ +19.2%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−18.9% vs −35.5%, picking up
Profit margin 2020 to 2025 ⓘ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.10% → 8%
⚠ Revenue per share shrinking 22.4%/yr over ~8Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
⚠ Base effect: the rate starts in the earnings trough around 2020 (starting value 2.32 per share, median 28.2 in 2015 to 2018). It measures the recovery from the trough, not lasting growth.

Watch 9510, get fair value alerts →

Compare National Building And Marketing Co with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

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.Steel · 404 stocks

Beats the industry median on 3/12 measures
Overall it trails its industry peers.
Valuation
Quality Score 36 · Bottom 25%
Fair Value upside +16.8% · Above median
Profitability
Return on equity (12 months) 4.5% · Below median
Return on assets 0.8% · Below median
Net margin (12 months) 1.9% · Below median
Operating margin (12 months) 9.5% · Above median
Growth and dividend
Revenue growth (quarter YoY) 4.4% · Below median
Balance sheet
Debt / equity 0.13× · Above median

Valuation Multiplesvs Steel median · lower = cheaper

P/E (12 months) 36.8× · Priciest 25%
P/B 1.68× · Pricier than median
P/S (12 months) 0.68× · Pricier than median
EV/EBITDA 5.7× · Cheaper than median

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)56 · sector 26
FUTURE (revenue growth)22 · sector 35
PAST (return on equity)18 · sector 18
HEALTH (low debt)93 · sector 95
DIVIDEND (yield)0 · sector 51

Context: sector, industry, market

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

Similar stocks

10 more Steel stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Baoshan Iron & Steel Co 600019 ¥6.00 ¥8.07 +35% vs 9510
JSW Steel Limited JSWSTEEL ₹1,253 ₹1,095 −13% vs 9510
Tata Steel Limited TATASTEEL ₹171.42 ₹148.06 −14% vs 9510
ArcelorMittal S.A MT €52.82 €35.62 −33% vs 9510
Steel Dynamics, Inc STLD $246.80 $141.72 −43% vs 9510
POSCO Holdings PKX $52.14 $28.95 −44% vs 9510
Reliance, Inc RS $432.79 $211.54 −51% vs 9510
Jindal Steel Limited JINDALSTEL ₹1,060 ₹516.03 −51% vs 9510
Nucor Corporation NUE $270.79 $116.49 −57% vs 9510
Inner Mongolia Baotou Steel Union Co 600010 ¥2.04 ¥0.5400 −74% vs 9510

Explore undervalued stocks

More undervalued Basic Materials stocks →

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

For bloggers & editors: embed code + live data

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). "National Building And Marketing Co Fair Value". https://www.fairvalue-calculator.com/stock/9510

Frequently asked questions

Is National Building And Marketing Co (9510) overvalued or undervalued?
As of Oct 28, 2026, our model estimates a fair value of 58.41 SAR versus a price of 50.00 SAR, about +17% upside (undervalued).
What is the fair value of 9510?
Our model-based fair value for National Building And Marketing Co is 58.41 SAR (as of Oct 28, 2026), built from audited fundamentals. The current price: 50.00 SAR.
What is the quality score of 9510?
National Building And Marketing Co has a Quality Score of 36/100. 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 National Building And Marketing Co (9510)?
Our model-based price target is the fair value of 58.41 SAR (as of Oct 28, 2026) from 15 valuation models. Cautious scenario 24.92 SAR, optimistic scenario 80.93 SAR. It is a calculation from audited fundamentals, not an analyst target.
What is the National Building And Marketing Co stock forecast for 2026?
Our models put fair value at 58.41 SAR, about +17% upside versus a price of 50.00 SAR (undervalued). Cautious scenario 24.92 SAR, optimistic scenario 80.93 SAR. The calculation is refreshed regularly with new filings.
What is the revenue of National Building And Marketing Co (9510)?
National Building And Marketing Co reported trailing-twelve-month revenue of about 875M SAR (latest available figure, as of Oct 28, 2026).
What is the intrinsic value of National Building And Marketing Co (9510)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For National Building And Marketing Co it is 58.41 SAR per share (as of Oct 28, 2026), against a price of 50.00 SAR. It is the blended result of 15 valuation models (cash flow, earnings, asset, dividend).
Is National Building And Marketing Co stock overvalued or undervalued in 2026?
As of Oct 28, 2026, 9510 trades below its calculated fair value: price 50.00 SAR, fair value 58.41 SAR, a gap of about +17% (undervalued). 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 9510?
No. The price is what the market pays today (50.00 SAR); the fair value is what the company's own numbers justify (58.41 SAR). For National Building And Marketing Co the two are 8.41 SAR per share apart. That gap is exactly why we show both numbers side by side.
How much is National Building And Marketing Co worth?
The market values National Building And Marketing Co at about 590M SAR (market capitalisation, as of Oct 28, 2026). Per share that is 50.00 SAR; our models calculate a fair value of 58.41 SAR per share.
What do the bullish and bearish scenarios say about 9510?
Our models span a range for National Building And Marketing Co: cautious scenario 24.92 SAR, base 58.41 SAR, optimistic 80.93 SAR per share (as of Oct 28, 2026, price 50.00 SAR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 9510?
National Building And Marketing Co trades at a price-to-earnings ratio of 36.8 (as of Oct 28, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 58.41 SAR is built from several models across several years. Other multiples: P/B 1.7, P/S 0.7, EV/EBITDA 5.7.
How solid is the balance sheet of National Building And Marketing Co (9510)?
Balance-sheet figures for National Building And Marketing Co (as of Oct 28, 2026): return on equity 4.5%, debt of 0.13 per unit of equity. They feed the Quality Score of 36/100, which measures business quality independently of the share price.
How far is 9510 from its 52-week high?
National Building And Marketing Co trades at 50.00 SAR, about 52% below its 52-week high of 105.20 SAR and 37% above the low of 36.50 SAR (as of Oct 28, 2026). Distance from the high says nothing about value: that is what the fair value of 58.41 SAR is for.
Which stocks are comparable to National Building And Marketing Co?
From the same area (Basic Materials) we also value Nucor Corporation, ArcelorMittal S.A, Steel Dynamics, Inc, JSW Steel 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 National Building And Marketing Co stock attractive at the current price?
The data as of Oct 28, 2026: price 50.00 SAR, calculated fair value 58.41 SAR (+17%), Quality Score 36/100, from 15 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 9510 calculated?
We run National Building And Marketing Co through 15 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 58.41 SAR, 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 13.4 % above its aggregate fair value. National Building And Marketing Co currently trades 14 % below its own fair value, and the market average says nothing about that. 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 National Building And Marketing Co (9510)?
The closing price on Oct 28, 2026 was 50.00 SAR. Our model-based fair value is 58.41 SAR, about +17% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with National Building And Marketing Co right now?
The model range is unusually wide (24.92 SAR to 80.93 SAR). The outcome hinges heavily on assumptions, so read the point estimate with caution. The price sits in the lower half of our model range, the side with the larger margin of safety. Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.

Key figures of National Building And Marketing Co

How large is the market capitalisation of National Building And Marketing Co (9510)?
The market capitalisation of National Building And Marketing Co is 590M SAR (≈ $157M). 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 National Building And Marketing Co (9510)?
The price-to-sales ratio of National Building And Marketing Co is 0.68 (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 National Building And Marketing Co (9510)?
Earnings per share at National Building And Marketing Co are 1.36 SAR (price ÷ EPS = P/E 36.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of National Building And Marketing Co (9510)?
The net margin of National Building And Marketing Co 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 National Building And Marketing Co (9510)?
The return on equity (ROE) of National Building And Marketing Co is 4.5% (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 National Building And Marketing Co (9510)?
On an EBIT basis the return on assets of National Building And Marketing Co is 7.9% (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 National Building And Marketing Co (9510)?
The operating margin of National Building And Marketing Co is 9.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at National Building And Marketing Co (9510)?
Revenue at National Building And Marketing Co is growing +4.4% versus a year earlier (3y avg +9.5%). 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 National Building And Marketing Co (9510)?
Earnings per share at National Building And Marketing Co are growing +78.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does National Building And Marketing Co (9510) generate?
The free cash flow of National Building And Marketing Co is −8.9M SAR (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does National Building And Marketing Co (9510) carry?
The net debt of National Building And Marketing Co is 542M SAR (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed

Watch National Building And Marketing Co in the live analysis

One click puts National Building And Marketing Co on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 28,000+ stock screener.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.