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Al Mohafaza Company (9598) Fair Value & Analysis

Consumer Defensive · SA · Market cap 206M SAR

AM Al Mohafaza Company 9598 · SR
Price25.80 SAR
Fair Value9.50 SAR
Upside-63.2%
Quality32/100
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Expensive Growth
Solidly profitable · 17.5% net margin
negative free cash flow
1.94% dividend yield
Trails peers (4/12)
Moderate moat 51/100
Evidence: Medium Range 7.58 SAR – 11.91 SAR Share as image

Fair value as of: Aug 1, 2026

From 14 valuation models · updated 9 days ago

Share price −1.9% over the past month.

Below-average quality, and screening another 63% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (11.91 SAR). The favourable scenario is already priced in.
  • Weak quality (32/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (2 years)

28.68 SAR 17.33 SAR Fair Value 9.50 SAR Mar 2024 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 1, 2026.

How to read this chart

28‑month range 17.33 SAR – 28.68 SAR · fair‑value band 7.58 SAR – 11.91 SAR · the 25.80 SAR price screens above the 9.50 SAR fair value. Dashed = 300-day average. As of Aug 1, 2026.

Full chart & analysis →

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Analysis

Al Mohafaza Company (9598) currently trades at 25.80 SAR, while our model-based Fair Value estimate is 9.50 SAR, implying the stock looks roughly 63.2% overvalued today. The Quality Score stands at 32/100 (below-average quality), in the Consumer Defensive 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: medium).

Over the trailing twelve months, Al Mohafaza Company generated revenue of 28.2M SAR at a net margin of 17.5%. Revenue grew 3.5% year over year. It earns a return on equity of 4.4%. The balance sheet holds a net cash position of 10.2M SAR. Fundamentals as of Aug 1, 2026

Our scenario range runs from 7.58 SAR (bear case) to 11.91 SAR (bull case); at 25.80 SAR, the current price sits above 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. The share trades about 10% below its 52-week high and 20% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at 17% fair-value upside, at -63%, 9598 screens richer 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
Residual Income 9.81 SAR 9.75 SAR 8.51 SAR 76
Gordon GGM 3.48 SAR 4.33 SAR 5.07 SAR 70
Growth-Adj P/E 8.20 SAR 11.72 SAR 15.23 SAR 68
All 14 models by family
Earnings-Based
Graham-Dodd 4.98 SAR 9.23 SAR 11.45 SAR 54
EPV 4.28 SAR 4.60 SAR 4.86 SAR 59
Dividend Discount
Gordon GGM 3.48 SAR 4.33 SAR 5.07 SAR 70
DDM Multi-Stage 3.48 SAR 4.40 SAR 5.30 SAR 61
Multiples
P/E Multiple 11.53 SAR 15.37 SAR 19.22 SAR 63
P/S Multiple 5.18 SAR 6.90 SAR 8.63 SAR 58
P/B Multiple 9.33 SAR 12.44 SAR 15.56 SAR 55
EV/EBIT 7.75 SAR 9.80 SAR 11.84 SAR 53
EV/EBITDA 9.24 SAR 11.79 SAR 14.34 SAR 54
EV/Revenue 5.95 SAR 7.82 SAR 9.68 SAR 43
Asset-Based
NCAV (Graham) 6.99 SAR 9.37 SAR 13.98 SAR 50
Economic Profit
Residual Income 9.81 SAR 9.75 SAR 8.51 SAR 76
ROIC Compounder 4.28 SAR 4.60 SAR 4.86 SAR 67
Growth Earnings
Growth-Adj P/E 8.20 SAR 11.72 SAR 15.23 SAR 68

Widest divergence: Growth Earnings (11.72 SAR) versus Dividend Discount (4.33 SAR). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 28.2M SAR
Revenue growth (YoY) +3.5%
Net margin 17.5%
Return on equity 4.4%
Free cash flow −16.6M SAR FY2025
P/E ratio 42.3
More key figures
Operating margin 22.7%
EPS (TTM) 0.6100 SAR
Dividend yield 1.9%
EPS growth (YoY) -18.0%
Net cash 10.2M SAR FY2025

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

Quality Score breakdown

Overall quality 32/100

Of which business quality 37 · Market factors (momentum, volatility) 57

Profitability 36
Margins and returns on capital today
Quality Growth 12
Are margins and returns improving?
Cashflow 35
Earnings quality: real cash, not paper profit
Fin. Strength 87
Balance sheet, leverage, solvency risk
Investment 11
Disciplined investing over empire-building
Low Volatility 75
Calm price path (market factor)
Momentum 46
Price trend over the last 3–12 months (market factor)
52W Momentum 58
Distance to the 52-week high (market factor)
Net Issuance 9
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

Al Mohafaza Company for Education provides education services in the Kingdom of Saudi Arabia. It offers preschool education, kindergarten, and primary education, as well as mixed primary education, including community schools, secondary education, and intermediate education.

Full company description

Al Mohafaza Company for Education provides education services in the Kingdom of Saudi Arabia. It offers preschool education, kindergarten, and primary education, as well as mixed primary education, including community schools, secondary education, and intermediate education. The company was incorporated in 2004 and is based in Hafar Al Batin, the Kingdom of Saudi Arabia.

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

Revenue & earnings trend

FY2022 – FY2025 · reported fiscal years

Al Mohafaza Company reported revenue of 27.6M SAR in FY2025 versus 20.1M SAR in FY2022, a compound +11.2%/yr. Reported net income was 5.9M SAR in FY2025, compounding +28.6%/yr from FY2022.

Growth Quality 45/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
27.6M SAR
Latest YoY
−5.1%
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.
+11.2%
Revenue +11.2%/yr
FY22 20.1M SAR
FY23 26.1M SAR
FY24 29.1M SAR
FY25 27.6M SAR
Net income +28.6%/yr
FY22 2.8M SAR
FY23 6.4M SAR
FY24 9.4M SAR
FY25 5.9M SAR

9598 screens 63% overvalued. Compare with New Oriental Education & Technology Group →

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Cite: Fair Value Calculator (2026). "Al Mohafaza Company Fair Value". https://www.fairvalue-calculator.com/stock/9598

Peer Group

Education & Training Services · 148 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 32 · Bottom 25%
Fair Value upside −63% · Bottom 25%
Return on equity (TTM) 4% · Below median
Return on assets 2% · Below median
Net margin (TTM) 18% · Top 25%
Operating margin (TTM) 23% · Top 25%
Revenue growth 4% · Below median
Dividend yield (TTM) 1.9% · Below median

Valuation Multiples vs Education & Training Services median · lower = cheaper

P/E (TTM) 42.3× · Pricier than 75% of peers
P/B 0.49× · Cheaper than median
P/S (TTM) 1.95× · Pricier than 75% of peers
EV/EBITDA 6.4× · Cheaper than median

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 0 · sector 37
FUTURE 18 · sector 24
PAST 17 · sector 18
HEALTH 0 · sector 95
DIVIDEND 39 · sector 66

VALUE 0: the price sits above our fair-value range.

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 Education & Training Services stocks, each showing price versus our Fair Value estimate (as of Aug 1, 2026).

Stock Price Fair Value vs Fair Value
New Oriental Education & Technology Group EDUN 966.48 MXN 897.37 MXN -7%
TAL Education Group TAL $10.24 $15.60 +52%
Laureate Education, Inc LAUR $36.45 $41.45 +14%
Physicswallah Limited PWL ₹131.59 ₹14.81 -89%
Grand Canyon Education, Inc LOPE $149.00 $152.01 +2%
Covista Inc CVSA $116.22 $135.45 +17%
Stride, Inc LRN $83.39 $139.45 +67%
Universal Technical Institute, Inc UTI $40.33 $21.35 -47%
Perdoceo Education Corporation PRDO $31.66 $41.45 +31%
Strategic Education, Inc STRA $84.18 $105.48 +25%

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Frequently asked questions

Is Al Mohafaza Company (9598) overvalued or undervalued?
As of Aug 1, 2026, our model estimates a fair value of 9.50 SAR versus a price of 25.80 SAR, about −63% (overvalued).
What is the fair value of 9598?
Our model-based fair value for Al Mohafaza Company is 9.50 SAR (as of Aug 1, 2026), built from audited fundamentals. The current price is 25.80 SAR.
What is the quality score of 9598?
Al Mohafaza Company has a Quality Score of 32/100. 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 Al Mohafaza Company (9598)?
Al Mohafaza Company reported trailing-twelve-month revenue of about 28.2M SAR (latest available figure, as of Aug 1, 2026).
What is the net profit margin of 9598?
The net profit margin of Al Mohafaza Company is about 17.5%, meaning it keeps roughly 17.5% of revenue as net income. Based on the latest reported figures.
Does Al Mohafaza Company pay a dividend?
Al Mohafaza Company currently shows a dividend yield of about 1.94% relative to its recent price (as of Aug 1, 2026).

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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