BENA Steel Industries (9563) fair value: what the stock is really worth
As of Oct 29, 2026: fair value (intrinsic value) of BENA Steel Industries stock SAR 10.60, price SAR 32.78, upside -67.7%, quality 30 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Oct 30, 2026.
How to read this chart
43‑month range 24.84 SAR – 42.40 SAR · fair‑value band 2.60 SAR – 15.90 SAR · the 32.78 SAR price screens above the 10.60 SAR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Oct 30, 2026.
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BENA Steel Industries engages in the manufacture and sale of steel products.
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It is involved in the production of galvanized metal sheets, ribbed and non-ribbed metal structures and sheets, ribbed and non-ribbed aluminum sheets, chromed metal sheets, electro plated steel, silicon steel, and aluminum pre-painted corrugated steel sheets, as well as pipes and tubes, and wheelbarrows.
The company was incorporated in 1992 and is based in Dammam, Saudi Arabia.
Stock analysis
BENA Steel Industries (9563) currently trades at 32.78 SAR, while our model-based Fair Value estimate is 10.60 SAR, 67.7% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Dividend Discount group reads highest at a median of 9.29 SAR per share, and 1 of the 16 models we run sit above the 32.78 SAR price.
Bear case: the Growth Earnings group reads lowest at 1.57 SAR, and 15 of the 16 models stay below the price. Data coverage for this calculation is low.
Scenario range: 2.60 SAR (bear) to 15.90 SAR (bull), the price of 32.78 SAR sits above 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 30/100 (below-average quality), in the Basic Materials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
BENA Steel Industries reported revenue of 401M SAR in FY2025 versus 258M SAR in FY2021, a compound +11.6%/yr. Reported net income was 611K SAR in FY2025, compounding −59.0%/yr from FY2021.
Key figures
Market cap 197M SAR (≈ $52.4M) Micro · P/E ratio 23.9 · P/S ratio 0.44 · EPS (TTM) 1.37 SAR · Dividend yield 2.5% · Net margin 1.8% · Return on equity 8.8% · Return on assets (EBIT) 7.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 29 out of 100 (medium confidence).
What moves the price
The share trades about 23% below its 52-week high and 8% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −43% fair-value upside, at −68%, 9563 screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (0.6700 SAR to 44.62 SAR). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear2.60 SARFair Value 10.60 SARBull15.90 SAR
Price 32.78 SAR · Upside -67.7%
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 (1.14 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.
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.47/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
−6.9%
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.
+2.3%
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.
+11.8%
Start year 2020 (pandemic)
’20
’21
’22
’23
’24
’25
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.
−47.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year−49.6%
Dividend (yield on the price)2.5%
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.6% → 3%
Price, fair value, quality and upside side by side.
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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 · 408 stocks
Beats the industry median on 5/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score30 · Bottom 25%
Fair Value upside−67.6% · Bottom 25%
Profitability
Return on equity (12 months)8.8% · Above median
Return on assets0.2% · Below median
Net margin (12 months)1.8% · Below median
Operating margin (12 months)6.7% · Above median
Growth and dividend
Revenue growth (quarter YoY)24.3% · Top 25%
Dividend yield (12 months)2.5% · Below median
Valuation Multiplesvs Steel median · lower = cheaper
P/E (12 months)23.9× · Pricier than median
P/B2.20× · Priciest 25%
P/S (12 months)0.44× · Cheaper than median
EV/EBITDA7.3× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 27
FUTURE (revenue growth)100· sector 33
PAST (return on equity)35· sector 18
HEALTH (low debt)100· sector 95
DIVIDEND (yield)51· sector 51
VALUE 0: the price sits above our fair-value range.
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.
Is BENA Steel Industries (9563) overvalued or undervalued?
As of Oct 30, 2026, our model estimates a fair value of 10.60 SAR versus a price of 32.78 SAR, about −68% upside (overvalued).
What is the fair value of 9563?
Our model-based fair value for BENA Steel Industries is 10.60 SAR (as of Oct 30, 2026), built from audited fundamentals. The current price: 32.78 SAR.
What is the quality score of 9563?
BENA Steel Industries has a Quality Score of 30/100. 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 BENA Steel Industries (9563)?
Our model-based price target is the fair value of 10.60 SAR (as of Oct 30, 2026) from 16 valuation models. Cautious scenario 2.60 SAR, optimistic scenario 15.90 SAR. It is a calculation from audited fundamentals, not an analyst target.
What is the BENA Steel Industries stock forecast for 2026?
Our models put fair value at 10.60 SAR, about −68% upside versus a price of 32.78 SAR (overvalued). Cautious scenario 2.60 SAR, optimistic scenario 15.90 SAR. The calculation is refreshed regularly with new filings.
What is the revenue of BENA Steel Industries (9563)?
BENA Steel Industries reported trailing-twelve-month revenue of about 445M SAR (latest available figure, as of Oct 30, 2026).
Does BENA Steel Industries pay a dividend?
BENA Steel Industries currently shows a dividend yield of 2.53% relative to its recent price (as of Oct 30, 2026).
What is the intrinsic value of BENA Steel Industries (9563)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For BENA Steel Industries it is 10.60 SAR per share (as of Oct 30, 2026), against a price of 32.78 SAR. It is the blended result of 16 valuation models (cash flow, earnings, asset, dividend).
Is BENA Steel Industries stock overvalued or undervalued in 2026?
As of Oct 30, 2026, 9563 trades above its calculated fair value: price 32.78 SAR, fair value 10.60 SAR, a gap of about −68% (overvalued). 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 9563?
No. The price is what the market pays today (32.78 SAR); the fair value is what the company's own numbers justify (10.60 SAR). For BENA Steel Industries the two are 22.18 SAR per share apart. That gap is exactly why we show both numbers side by side.
How much is BENA Steel Industries worth?
The market values BENA Steel Industries at about 197M SAR (market capitalisation, as of Oct 30, 2026). Per share that is 32.78 SAR; our models calculate a fair value of 10.60 SAR per share.
What do the bullish and bearish scenarios say about 9563?
Our models span a range for BENA Steel Industries: cautious scenario 2.60 SAR, base 10.60 SAR, optimistic 15.90 SAR per share (as of Oct 30, 2026, price 32.78 SAR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 9563?
BENA Steel Industries trades at a price-to-earnings ratio of 23.9 (as of Oct 30, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 10.60 SAR is built from several models across several years. Other multiples: P/B 2.2, P/S 0.4, EV/EBITDA 7.3.
How solid is the balance sheet of BENA Steel Industries (9563)?
Balance-sheet figures for BENA Steel Industries (as of Oct 30, 2026): return on equity 8.8%. They feed the Quality Score of 30/100, which measures business quality independently of the share price.
How far is 9563 from its 52-week high?
BENA Steel Industries trades at 32.78 SAR, about 23% below its 52-week high of 42.40 SAR and 8% above the low of 30.32 SAR (as of Oct 29, 2026). Distance from the high says nothing about value: that is what the fair value of 10.60 SAR is for.
Which stocks are comparable to BENA Steel Industries?
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 BENA Steel Industries stock attractive at the current price?
The data as of Oct 30, 2026: price 32.78 SAR, calculated fair value 10.60 SAR (−68%), Quality Score 30/100, from 16 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 9563 calculated?
We run BENA Steel Industries through 16 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 10.60 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. BENA Steel Industries itself currently trades above fair value. 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 BENA Steel Industries (9563)?
The closing price on Oct 29, 2026 was 32.78 SAR. Our model-based fair value is 10.60 SAR, about −68% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with BENA Steel Industries right now?
The price sits above even our optimistic bull case (15.90 SAR). The favourable scenario is already priced in. Weak quality (30/100) and above fair value at the same time, the margin of safety is missing on both counts. The model range is unusually wide (2.60 SAR to 15.90 SAR). The outcome hinges heavily on assumptions, so read the point estimate with caution. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of BENA Steel Industries
How large is the market capitalisation of BENA Steel Industries (9563)?
The market capitalisation of BENA Steel Industries is 197M SAR (≈ $52.4M). 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 BENA Steel Industries (9563)?
The price-to-sales ratio of BENA Steel Industries is 0.44 (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 BENA Steel Industries (9563)?
Earnings per share at BENA Steel Industries are 1.37 SAR (price ÷ EPS = P/E 23.9). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of BENA Steel Industries (9563)?
The dividend yield of BENA Steel Industries is 2.5% (payout 60.6%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of BENA Steel Industries (9563)?
The net margin of BENA Steel Industries is 1.8% (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 BENA Steel Industries (9563)?
The return on equity (ROE) of BENA Steel Industries is 8.8% (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 BENA Steel Industries (9563)?
On an EBIT basis the return on assets of BENA Steel Industries is 7.5% (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 BENA Steel Industries (9563)?
The operating margin of BENA Steel Industries is 6.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at BENA Steel Industries (9563)?
Revenue at BENA Steel Industries is growing +24.3% versus a year earlier (3y avg +2.3%). 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 BENA Steel Industries (9563)?
Earnings per share at BENA Steel Industries are growing +773% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does BENA Steel Industries (9563) generate?
The free cash flow of BENA Steel Industries is −21.3M 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 BENA Steel Industries (9563) carry?
The net debt of BENA Steel Industries is 126M 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.
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Thin data
Oct 30, 2026