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Munawla Cargo Co. Ltd. (9571) Fair Value & Analysis

Industrials · SA · Market cap 48.0M SAR

MC Munawla Cargo Co. Ltd. 9571 · SR
Price17.40 SAR
Fair Value23.66 SAR
Upside+36.0%
Quality50/100
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Weak Growth
Thin margins · 6.1% net margin
Low debt · generates free cash flow
Ranks above peers (10/14)
Narrow moat 38/100
Evidence: High Range 17.75 SAR – 29.59 SAR Share as image

Fair value as of: Aug 13, 2026

From 24 valuation models · updated 6 days ago

Share price +1.8% over the past month.

A solid business, screening 36% undervalued on our models.

What matters now

  • Solid quality (50/100) at a price below fair value, the discount is the argument here, not the business quality.
  • Our model range runs from 17.75 SAR (bear) to 29.59 SAR (bull), base 23.66 SAR. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 50/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (3 years)

531,958 SAR 16.00 SAR Fair Value 23.66 SAR Sep 2023 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

35‑month range 16.00 SAR – 531,958 SAR · fair‑value band 17.75 SAR – 29.59 SAR · the 17.40 SAR price screens below the 23.66 SAR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Munawla Cargo Co. Ltd. (9571) currently trades at 17.40 SAR, while our model-based Fair Value estimate is 23.66 SAR, implying the stock looks roughly 36.0% undervalued today. The Quality Score stands at 50/100 (solid quality), in the Industrials 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: high), always confirm before acting.

Over the trailing twelve months, Munawla Cargo Co. Ltd. generated revenue of 54.9M SAR at a net margin of 6.1%. Revenue grew 1.7% year over year. It earns a return on equity of 10.2%. The balance sheet holds a net cash position of 2.6M SAR. Fundamentals as of Aug 13, 2026

Our scenario range runs from 17.75 SAR (bear case) to 29.59 SAR (bull case); at 17.40 SAR, the current price sits below 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. For context, the median of 10 Industrials peers we cover trades at 26% fair-value upside, at 36%, 9571 screens cheaper 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
Growth DCF 20.21 SAR 24.70 SAR 31.39 SAR 80
Residual Income 8.84 SAR 9.54 SAR 10.50 SAR 76
Rev-Margin DCF 18.03 SAR 24.91 SAR 33.46 SAR 74
All 24 models by family
DCF Models
FCF DCF 19.75 SAR 24.53 SAR 32.23 SAR 38
Owner Earnings 17.69 SAR 21.94 SAR 28.78 SAR 31
5Y Revenue Exit 18.03 SAR 24.39 SAR 33.60 SAR 39
5Y EBITDA Exit 25.61 SAR 37.50 SAR 53.23 SAR 41
5Y P/E Exit 18.03 SAR 24.40 SAR 32.05 SAR 38
10Y Revenue Exit 18.44 SAR 22.69 SAR 27.13 SAR 36
10Y EBITDA Exit 22.69 SAR 29.61 SAR 36.95 SAR 37
10Y P/E Exit 18.76 SAR 22.70 SAR 26.35 SAR 35
Earnings-Based
Graham-Dodd 7.63 SAR 9.33 SAR 10.49 SAR 54
EPV 11.88 SAR 13.14 SAR 14.17 SAR 59
Dividend Discount
Gordon GGM 6.97 SAR 7.44 SAR 8.15 SAR 70
DDM Multi-Stage 6.97 SAR 8.06 SAR 9.43 SAR 61
Multiples
P/E Multiple 17.67 SAR 23.56 SAR 29.46 SAR 63
P/S Multiple 14.31 SAR 19.08 SAR 23.84 SAR 58
P/B Multiple 14.31 SAR 19.08 SAR 23.84 SAR 55
EV/EBIT 24.41 SAR 32.10 SAR 39.80 SAR 53
EV/EBITDA 35.84 SAR 47.34 SAR 58.85 SAR 54
EV/Revenue 17.80 SAR 24.86 SAR 31.92 SAR 43
Asset-Based
NCAV (Graham) 5.48 SAR 7.34 SAR 10.96 SAR 50
Growth DCF
Growth DCF 20.21 SAR 24.70 SAR 31.39 SAR 80
Rev-Margin DCF 18.03 SAR 24.91 SAR 33.46 SAR 74
Economic Profit
Residual Income 8.84 SAR 9.54 SAR 10.50 SAR 76
ROIC Compounder 11.88 SAR 13.32 SAR 14.71 SAR 72
Growth Earnings
Growth-Adj P/E 12.48 SAR 17.83 SAR 23.18 SAR 68

Widest divergence: Growth DCF (24.70 SAR) versus Asset-Based (7.34 SAR). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 54.9M SAR
Revenue growth (YoY) +1.7%
Net margin 6.1%
Return on equity 10.2%
Free cash flow 7.6M SAR FY2025
P/E ratio 15.5
More key figures
Operating margin -18.1%
EPS (TTM) 1.12 SAR
EPS growth (YoY) -9.5%
Net cash 2.6M SAR FY2024

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 50/100

Of which business quality 53 · Market factors (momentum, volatility) 20

Profitability 49
Margins and returns on capital today
Quality Growth 35
Are margins and returns improving?
Cashflow 76
Earnings quality: real cash, not paper profit
Fin. Strength 63
Balance sheet, leverage, solvency risk
Investment 88
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 11
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 0
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

Munawla Cargo Co. Ltd. engages in the logistic services in the Kingdom of Saudi Arabia. The company operates through Maritime Shipping, Air Shipping, Land Transportation, and Logistics Business segment. It offers project logistics, freight forwarding, terminal handling, transportation, air freight, warehousing and distribution, and shipping agency services.

Full company description

Munawla Cargo Co. Ltd. engages in the logistic services in the Kingdom of Saudi Arabia. The company operates through Maritime Shipping, Air Shipping, Land Transportation, and Logistics Business segment. It offers project logistics, freight forwarding, terminal handling, transportation, air freight, warehousing and distribution, and shipping agency services. The company was founded in 1997 and is headquartered in Dammam, the Kingdom of Saudi Arabia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Munawla Cargo Co. Ltd. reported revenue of 54.9M SAR in FY2025 versus 132M SAR in FY2021, a compound −19.7%/yr. Reported net income was 3.4M SAR in FY2025, compounding −18.4%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
54.9M SAR
Latest YoY
−60.3%
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.
−26.6%
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.
−10.6%
Revenue −19.7%/yr
FY21 132M SAR
FY22 139M SAR
FY23 117M SAR
FY24 138M SAR
FY25 54.9M SAR
Net income −18.4%/yr
FY21 7.6M SAR
FY22 9.7M SAR
FY23 5.0M SAR
FY24 6.3M SAR
FY25 3.4M SAR

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Cite: Fair Value Calculator (2026). "Munawla Cargo Co. Ltd. Fair Value". https://www.fairvalue-calculator.com/stock/9571

Peer Group

Integrated Freight & Logistics · 216 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 50 · Below median
Fair Value upside +36% · Above median
Return on equity (TTM) 10% · Above median
Return on assets 7% · Top 25%
Net margin (TTM) 6% · Top 25%
Operating margin (TTM) -18% · Bottom 25%
Revenue growth 2% · Above median
Dividend yield (TTM) 6.3% · Top 25%
Debt / equity 0.09× · Lower than median

Valuation Multiples vs Integrated Freight & Logistics median · lower = cheaper

P/E (TTM) 15.5× · Pricier than median
P/B 0.39× · Cheaper than 75% of peers
P/S (TTM) 0.23× · Cheaper than median
P/FCF 1.7× · Pricier than median
EV/EBITDA 0.9× · 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE81 · sector 40
FUTURE9 · sector 8
PAST41 · sector 26
HEALTH96 · sector 94
DIVIDEND100 · sector 56

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 Integrated Freight & Logistics stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
United Parcel Service, Inc UPS $103.91 $103.34 -1%
FedEx Corporation FDX $326.77 $347.68 +6%
Deutsche Post AG DHL €55.32 €53.18 -4%
DSV A/S DSV kr 1,380 kr 712.57 -48%
S.F. Holding 002352 ¥32.96 ¥48.64 +48%
ZTO Express (Cayman) Inc 2057 HK$178.20 HK$224.41 +26%
Hyundai Glovis Co 086280 199,700 KRW 468,982 KRW +135%
YTO Express Group 600233 ¥18.48 ¥26.51 +43%
JD Logistics, Inc 2618 HK$14.17 HK$21.45 +51%
Sinotrans Limited 601598 ¥6.46 ¥7.38 +14%

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Frequently asked questions

Is Munawla Cargo Co. Ltd. (9571) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 23.66 SAR versus a price of 17.40 SAR, about +36% (undervalued).
What is the fair value of 9571?
Our model-based fair value for Munawla Cargo Co. Ltd. is 23.66 SAR (as of Aug 13, 2026), built from audited fundamentals. The current price: 17.40 SAR.
What is the quality score of 9571?
Munawla Cargo Co. Ltd. has a Quality Score of 50/100. 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 Munawla Cargo Co. Ltd. (9571)?
Munawla Cargo Co. Ltd. reported trailing-twelve-month revenue of about 54.9M SAR (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 9571?
The net profit margin of Munawla Cargo Co. Ltd. is about 6.1%, meaning it keeps roughly 6.1% of revenue as net income. 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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