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Balsm Alofoq Medical Company (9620) Fair Value & Analysis

Healthcare · SA · Market cap 61.2M SAR

BA Balsm Alofoq Medical Company 9620 · SR
Price24.49 SAR
Fair Value11.17 SAR
Upside-54.4%
Quality27/100
Expensive Growth
Thin margins · 9.7% net margin
negative free cash flow
Ranks above peers (7/11)
Narrow moat 39/100
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Evidence: High Range 7.82 SAR – 14.52 SAR Share as image

Fair value as of: Aug 1, 2026

From 15 valuation models · updated today

Share price +2.0% over the past month.

What matters now

  • The price sits above even our optimistic bull case (14.52 SAR). The favourable scenario is already priced in.
  • Weak quality (27/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • A fairly wide model range (7.82 SAR to 14.52 SAR) leaves room in how you read the outcome.

Price vs Fair Value (12 months)

37.00 SAR 22.50 SAR Fair Value 11.17 SAR Aug 2025 Jul 2026

12‑month range 22.50 SAR – 37.00 SAR · fair‑value band 7.82 SAR – 14.52 SAR · the 24.49 SAR price screens above the 11.17 SAR fair value. As of Aug 1, 2026.

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Analysis

Balsm Alofoq Medical Company (9620) currently trades at 24.49 SAR, while our model-based Fair Value estimate is 11.17 SAR, implying the stock looks roughly 54.4% overvalued today. We read business quality at 27/100 (below-average quality), in the Healthcare 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, Balsm Alofoq Medical Company generated revenue of 20.4M SAR at a net margin of 9.7%. Revenue grew 3.0% year over year. It earns a return on equity of 6.6%. The balance sheet holds a net cash position of 16.4M SAR. Fundamentals as of Aug 1, 2026

Our scenario range runs from 7.82 SAR (bear case) to 14.52 SAR (bull case); at 24.49 SAR, the current price sits above that range. The share trades about 34% below its 52-week high and 11% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -29% fair-value upside, at -54%, 9620 screens richer than that median.

Key figures & financial health

Revenue (TTM) 20.4M SAR
Revenue growth (YoY) +3.0%
Net margin 9.7%
Return on equity 6.6%
Free cash flow −7.1M SAR FY2025
P/E ratio 31.0
More key figures
Operating margin 10.1%
EPS (TTM) 0.7900 SAR
EPS growth (YoY) -77.6%
Net cash 16.4M SAR FY2024

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

Quality Score breakdown

Overall quality 27/100
Profitability 40
Quality Growth 13
Cashflow 0
Fin. Strength 100
Investment 0
Low Volatility 27
Momentum 28
52W Momentum 8
Net Issuance 42

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

Balsm Alofoq Medical Company provides various services and solutions for medical sector in the Kingdom of Saudi Arabia. It is involved in operation of hospitals, specialized medical complexes, general medical complexes, medical clinics, day surgery centers, and medical laboratories; wholesale and retail of medical devices, equipment, and supplies; operation …

Full company description

Balsm Alofoq Medical Company provides various services and solutions for medical sector in the Kingdom of Saudi Arabia. It is involved in operation of hospitals, specialized medical complexes, general medical complexes, medical clinics, day surgery centers, and medical laboratories; wholesale and retail of medical devices, equipment, and supplies; operation of hazardous waste treatment facilities; medical equipment and product warehouses; social welfare institutions; identification and distribution of social assistance; daycare for people with special needs; adoption services; transportation of hazardous medical waste; installation of machinery and equipment; and counseling for families and individuals. Balsm Alofoq Medical Company was incorporated in 2012 and is based in Buraydah, the Kingdom of Saudi Arabia.

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

Revenue & earnings trend

FY2022 – FY2025 · reported fiscal years

Balsm Alofoq Medical Company reported revenue of 20.4M SAR in FY2025 versus 17.0M SAR in FY2022, a compound +6.2%/yr. Reported net income was 2.0M SAR in FY2025, compounding −17.6%/yr from FY2022.

Revenue +6.2%/yr
FY22 17.0M SAR
FY23 18.0M SAR
FY24 19.9M SAR
FY25 20.4M SAR
Net income −17.6%/yr
FY22 3.5M SAR
FY23 4.2M SAR
FY24 4.8M SAR
FY25 2.0M SAR

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Cite: Fair Value Calculator (2026). "Balsm Alofoq Medical Company Fair Value". https://www.fairvalue-calculator.com/stock/9620

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 / 0
FUTURE 15 / 31
PAST 26 / 0
HEALTH 0 / 96
DIVIDEND 0 / 36

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

Stock Price Fair Value vs Fair Value
Abbott Laboratories, ABT $90.53 $79.67 -12%
Stryker Corporation SYK $310.00 $186.28 -40%
Medtronic plc 2M6 €64.08 €37.00 -42%
Boston Scientific Corporation B1SX34 R$247.01 R$234.82 -5%
Edwards Lifesciences Corporation EWL €74.64 €31.98 -57%
Siemens Healthineers AG SEMHF $40.29 $47.96 +19%
Shenzhen Mindray Bio-Medical Electronics Co 300760 ¥141.85 ¥147.63 +4%
STERIS plc S1TE34 R$52.14 R$8.02 -85%
Zimmer Biomet Holdings Z1BH34 R$119.88 R$85.65 -29%
Shanghai United Imaging Healthcare Co 688271 ¥104.19 ¥45.36 -56%

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Frequently asked questions

Is Balsm Alofoq Medical Company (9620) overvalued or undervalued?
As of Aug 1, 2026, our model estimates a fair value of 11.17 SAR versus a price of 24.49 SAR, about −54% (overvalued).
What is the fair value of 9620?
Our model-based fair value for Balsm Alofoq Medical Company is 11.17 SAR (as of Aug 1, 2026), built from audited fundamentals. The current price is 24.49 SAR.
What is the quality score of 9620?
Balsm Alofoq Medical Company has a Quality Score of 27/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Balsm Alofoq Medical Company (9620)?
Balsm Alofoq Medical Company reported trailing-twelve-month revenue of about 20.4M SAR (latest available figure, as of Aug 1, 2026).
What is the net profit margin of 9620?
The net profit margin of Balsm Alofoq Medical Company is about 9.7%, meaning it keeps roughly 9.7% 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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