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Mulkia Investment Company (9585) Fair Value & Analysis

Financial Services · SA · Market cap 288M SAR

MI Mulkia Investment Company 9585 · SR
Price32.00 SAR
Fair Value31.50 SAR
Upside-1.6%
Quality60/100
Mixed Growth
Highly profitable · 39.3% net margin
generates free cash flow
Ranks above peers (8/13)
Wide moat 84/100
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Evidence: High Range 23.63 SAR – 39.38 SAR Share as image

Fair value as of: Aug 1, 2026

From 26 valuation models · updated today

Share price −7.4% over the past month.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.

Price vs Fair Value (12 months)

4,138 SAR 25.08 SAR Fair Value 31.50 SAR Aug 2025 Jul 2026

12‑month range 25.08 SAR – 4,138 SAR · fair‑value band 23.63 SAR – 39.38 SAR · the 32.00 SAR price screens above the 31.50 SAR fair value. As of Aug 1, 2026.

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Analysis

Mulkia Investment Company (9585) currently trades at 32.00 SAR, while our model-based Fair Value estimate is 31.50 SAR, implying the stock looks roughly 1.6% fairly valued today. We read business quality at 60/100 (solid quality), in the Financial 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, Mulkia Investment Company generated revenue of 42.4M SAR at a net margin of 39.3%. Revenue declined 27.9% year over year. It earns a return on equity of 17.0%. Net debt stands at 2.3M SAR. Fundamentals as of Aug 1, 2026

Our scenario range runs from 23.63 SAR (bear case) to 39.38 SAR (bull case); at 32.00 SAR, the current price sits within that range. For context, the median of 10 Financial Services peers we cover trades at -40% fair-value upside, at -2%, 9585 screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 42.4M SAR
Revenue growth (YoY) -27.9%
Net margin 39.3%
Return on equity 17.0%
Free cash flow 18.7M SAR FY2025
P/E ratio 17.3
More key figures
Operating margin 47.3%
EPS (TTM) 1.85 SAR
EPS growth (YoY) -56.1%
Net debt 2.3M SAR FY2024

Figures from reported company fundamentals · as of Aug 1, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 60/100
Profitability 58
Quality Growth 25
Cashflow 86
Fin. Strength 77
Investment 55
Low Volatility 50
Momentum 46
52W Momentum 17
Net Issuance 82

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

Mulkia Investment Company is principal investment firm. Mulkia Investment Company is based in Riyadh, Saudi Arabia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Mulkia Investment Company reported revenue of 42.4M SAR in FY2025 versus 19.3M SAR in FY2021, a compound +21.7%/yr. Reported net income was 16.7M SAR in FY2025, compounding +13.6%/yr from FY2021.

Revenue +21.7%/yr
FY21 19.3M SAR
FY22 35.1M SAR
FY23 48.4M SAR
FY24 46.2M SAR
FY25 42.4M SAR
Net income +13.6%/yr
FY21 10.0M SAR
FY22 16.3M SAR
FY23 20.8M SAR
FY24 24.3M SAR
FY25 16.7M SAR

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Cite: Fair Value Calculator (2026). "Mulkia Investment Company Fair Value". https://www.fairvalue-calculator.com/stock/9585

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 31 / 33
FUTURE 0 / 8
PAST 68 / 24
HEALTH 0 / 95
DIVIDEND 0 / 69

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 Asset Management stocks, each showing price versus our Fair Value estimate (as of Aug 1, 2026).

Stock Price Fair Value vs Fair Value
Fondul Proprietatea SA FP $4.20 $6.41 +53%
The Schiehallion Fund Limited MNTN $0.0214 $0.0400 +87%
BlackRock, Inc UU2 €907.20 €544.03 -40%
Blackstone Inc BX $118.55 $61.04 -49%
Investor AB INVEB kr 377.85 kr 1,417 +275%
Brookfield Corporation BN $43.94 $9.95 -77%
KKR & Co KKR $94.45 $26.57 -72%
Brookfield Asset Management Ltd BAM C$64.38 C$42.42 -34%
State Street Corporation S1TT34 R$890.00 R$212.81 -76%
EQT AB EQT kr 268.30 kr 13.07 -95%

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Frequently asked questions

Is Mulkia Investment Company (9585) overvalued or undervalued?
As of Aug 1, 2026, our model estimates a fair value of 31.50 SAR versus a price of 32.00 SAR, about −2% (fairly valued).
What is the fair value of 9585?
Our model-based fair value for Mulkia Investment Company is 31.50 SAR (as of Aug 1, 2026), built from audited fundamentals. The current price is 32.00 SAR.
What is the quality score of 9585?
Mulkia Investment Company has a Quality Score of 60/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Mulkia Investment Company (9585)?
Mulkia Investment Company reported trailing-twelve-month revenue of about 42.4M SAR (latest available figure, as of Aug 1, 2026).
What is the net profit margin of 9585?
The net profit margin of Mulkia Investment Company is about 39.3%, meaning it keeps roughly 39.3% 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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