Shmoh Almadi Company (9622) fair value: what the stock is really worth
As of Oct 25, 2026: fair value (intrinsic value) of Shmoh Almadi Company stock SAR 7.06, price SAR 8.00, upside -11.7%, quality 42 out of 100. Rating: 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 29, 2026.
How to read this chart
11‑month range 8.00 SAR – 10.20 SAR · fair‑value band 6.22 SAR – 7.77 SAR · the 8.00 SAR price screens above the 7.06 SAR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Oct 29, 2026.
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Shmoh Almadi Company engages in the production and sale of sweets and pastries in the Kingdom of Saudi Arabia and internationally. The company offers a range of maamoul, kleja, cake, wafer, oat fingers, rings oat biscuit, cream fudge, chocolate fingers, dates, and frozen desserts.
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It sells its products under the Past Candles, Mama's Maamoul, Luli Art, Ataib Najd Food, Past Candles, Umm Saleh Sweets, Mila Sweets, and Moody. The company also sells its products through online. Shmoh Almadi Company was founded in 2006 and is based in Riyadh, the Kingdom of Saudi Arabia.
Stock analysis
Shmoh Almadi Company (9622) currently trades at 8.00 SAR, while our model-based Fair Value estimate is 7.06 SAR, 11.7% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 16.11 SAR per share, and 9 of the 14 models we run sit above the 8.00 SAR price.
Bear case: the Dividend Discount group reads lowest at 4.45 SAR, and 5 of the 14 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 6.22 SAR (bear) to 7.77 SAR (bull), the price of 8.00 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 42/100 (below-average quality), in the Consumer Defensive sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Shmoh Almadi Company reported revenue of 126M SAR in FY2025 versus 140M SAR in FY2022, a compound −3.5%/yr. Reported net income was 7.3M SAR in FY2025, compounding −13.3%/yr from FY2022.
Key figures
Market cap 74.5M SAR (≈ $19.9M) Micro · P/E ratio 8.0 · P/S ratio 0.57 · EPS (TTM) 1.00 SAR · Dividend yield 6.2% · Net margin 7.9% · Return on equity 13.1% · Return on assets (EBIT) 15.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 46 out of 100 (low confidence).
What moves the price
For context, the median of 10 Consumer Defensive peers we cover trades at −21% fair-value upside, at −12%, 9622 screens cheaper than that median.
Fair Value models
Bear6.22 SARFair Value 7.06 SARBull7.77 SAR
Price 8.00 SAR · Upside -11.7%
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 (0.8301 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.
Best data coverage
Residual Income6.96 SAR7.55 SAR8.47 SAR73
EPV7.32 SAR8.31 SAR9.14 SAR70
Gordon GGM4.11 SAR4.45 SAR4.97 SAR67
All 14 models by family
Earnings-Based
Graham-Dodd5.26 SAR6.43 SAR7.23 SAR65
EPV7.32 SAR8.31 SAR9.14 SAR70
Dividend Discount
Gordon GGM4.11 SAR4.45 SAR4.97 SAR67
DDM Multi-Stage4.11 SAR4.98 SAR6.12 SAR65
Multiples
P/E Multiple12.18 SAR16.24 SAR20.30 SAR63
P/S Multiple9.86 SAR13.14 SAR16.43 SAR58
P/B Multiple33.83 SAR45.10 SAR56.38 SAR55
EV/EBIT12.34 SAR16.11 SAR19.88 SAR63
EV/EBITDA17.54 SAR23.04 SAR28.54 SAR64
EV/Revenue9.10 SAR12.56 SAR16.02 SAR51
Asset-Based
NCAV (Graham)3.43 SAR5.19 SAR6.49 SAR52
Economic Profit
Residual Income6.96 SAR7.55 SAR8.47 SAR73
ROIC Compounder7.32 SAR8.31 SAR9.37 SAR67
Growth Earnings
Growth-Adj P/E8.60 SAR12.28 SAR15.97 SAR65
The fair value above starts from this blend and is adjusted for dilution from new shares.
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.19/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−4.5%
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.
−3.5%
’22
’23
’24
’25
What shareholders gained per year (last 3 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 3 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.
−12.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year−18.5%
Dividend (yield on the price)6.2%
Profit margin 2022 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.9% → 7%
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.Packaged Foods · 627 stocks
Beats the industry median on 9/12 measures
Overall it ranks above its industry peers.
Valuation
Quality Score42 · Bottom 25%
Fair Value upside−11.7% · Below median
Profitability
Return on equity (12 months)13.1% · Above median
Return on assets6.6% · Above median
Net margin (12 months)7.9% · Above median
Operating margin (12 months)5.1% · Below median
Growth and dividend
Revenue growth (quarter YoY)8.5% · Above median
Dividend yield (12 months)6.2% · Top 25%
Valuation Multiplesvs Packaged Foods median · lower = cheaper
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.
Cite: Fair Value Calculator (2026). "Shmoh Almadi Company Fair Value". https://www.fairvalue-calculator.com/stock/9622
Frequently asked questions
Is Shmoh Almadi Company (9622) overvalued or undervalued?
As of Oct 29, 2026, our model estimates a fair value of 7.06 SAR versus a price of 8.00 SAR, about −12% upside (overvalued).
What is the fair value of 9622?
Our model-based fair value for Shmoh Almadi Company is 7.06 SAR (as of Oct 29, 2026), built from audited fundamentals. The current price: 8.00 SAR.
What is the quality score of 9622?
Shmoh Almadi Company has a Quality Score of 42/100. 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 Shmoh Almadi Company (9622)?
Our model-based price target is the fair value of 7.06 SAR (as of Oct 29, 2026) from 14 valuation models. Cautious scenario 6.22 SAR, optimistic scenario 7.77 SAR. It is a calculation from audited fundamentals, not an analyst target.
What is the Shmoh Almadi Company stock forecast for 2026?
Our models put fair value at 7.06 SAR, about −12% upside versus a price of 8.00 SAR (overvalued). Cautious scenario 6.22 SAR, optimistic scenario 7.77 SAR. The calculation is refreshed regularly with new filings.
What is the revenue of Shmoh Almadi Company (9622)?
Shmoh Almadi Company reported trailing-twelve-month revenue of about 131M SAR (latest available figure, as of Oct 29, 2026).
Does Shmoh Almadi Company pay a dividend?
Shmoh Almadi Company currently shows a dividend yield of 6.25% relative to its recent price (as of Oct 29, 2026).
What is the intrinsic value of Shmoh Almadi Company (9622)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Shmoh Almadi Company it is 7.06 SAR per share (as of Oct 29, 2026), against a price of 8.00 SAR. It is the blended result of 14 valuation models (cash flow, earnings, asset, dividend).
Is Shmoh Almadi Company stock overvalued or undervalued in 2026?
As of Oct 29, 2026, 9622 trades above its calculated fair value: price 8.00 SAR, fair value 7.06 SAR, a gap of about −12% (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 9622?
No. The price is what the market pays today (8.00 SAR); the fair value is what the company's own numbers justify (7.06 SAR). For Shmoh Almadi Company the two are 0.9360 SAR per share apart. That gap is exactly why we show both numbers side by side.
How much is Shmoh Almadi Company worth?
The market values Shmoh Almadi Company at about 74.5M SAR (market capitalisation, as of Oct 29, 2026). Per share that is 8.00 SAR; our models calculate a fair value of 7.06 SAR per share.
What do the bullish and bearish scenarios say about 9622?
Our models span a range for Shmoh Almadi Company: cautious scenario 6.22 SAR, base 7.06 SAR, optimistic 7.77 SAR per share (as of Oct 29, 2026, price 8.00 SAR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 9622?
Shmoh Almadi Company trades at a price-to-earnings ratio of 8.0 (as of Oct 29, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 7.06 SAR is built from several models across several years. Other multiples: P/B 1.0, P/S 0.6, EV/EBITDA 4.5.
How solid is the balance sheet of Shmoh Almadi Company (9622)?
Balance-sheet figures for Shmoh Almadi Company (as of Oct 29, 2026): return on equity 13.1%. They feed the Quality Score of 42/100, which measures business quality independently of the share price.
Which stocks are comparable to Shmoh Almadi Company?
From the same area (Consumer Defensive) we also value Nestlé S.A, Danone S.A, Foshan Haitian Flavouring and Food Company, The Kraft Heinz Company, 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 Shmoh Almadi Company stock attractive at the current price?
The data as of Oct 29, 2026: price 8.00 SAR, calculated fair value 7.06 SAR (−12%), Quality Score 42/100, from 14 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 9622 calculated?
We run Shmoh Almadi Company through 14 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 7.06 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 13.1 % above its aggregate fair value. Shmoh Almadi Company 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 Shmoh Almadi Company (9622)?
The closing price on Oct 25, 2026 was 8.00 SAR. Our model-based fair value is 7.06 SAR, about −12% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Shmoh Almadi Company right now?
The price sits above even our optimistic bull case (7.77 SAR). The favourable scenario is already priced in. The price sits above our optimistic bull case: the favourable scenario is already priced in. Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.
Key figures of Shmoh Almadi Company
How large is the market capitalisation of Shmoh Almadi Company (9622)?
The market capitalisation of Shmoh Almadi Company is 74.5M SAR (≈ $19.9M). 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 Shmoh Almadi Company (9622)?
The price-to-sales ratio of Shmoh Almadi Company is 0.57 (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 Shmoh Almadi Company (9622)?
Earnings per share at Shmoh Almadi Company are 1.00 SAR (price ÷ EPS = P/E 8.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Shmoh Almadi Company (9622)?
The dividend yield of Shmoh Almadi Company is 6.2% (payout 50.0%). 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 Shmoh Almadi Company (9622)?
The net margin of Shmoh Almadi Company is 7.9% (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 Shmoh Almadi Company (9622)?
The return on equity (ROE) of Shmoh Almadi Company is 13.1% (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 Shmoh Almadi Company (9622)?
On an EBIT basis the return on assets of Shmoh Almadi Company is 15.0% (avg 4y). 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 Shmoh Almadi Company (9622)?
The operating margin of Shmoh Almadi Company is 5.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Shmoh Almadi Company (9622)?
Revenue at Shmoh Almadi Company is growing +8.5% versus a year earlier (3y avg −3.5%). 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 Shmoh Almadi Company (9622)?
Earnings per share at Shmoh Almadi Company are growing +695% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Shmoh Almadi Company (9622) generate?
The free cash flow of Shmoh Almadi Company is −1.9M 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 cash does Shmoh Almadi Company (9622) hold?
Shmoh Almadi Company holds more cash than debt, 9.7M SAR net (fiscal year 2024). The company holds more cash than debt, a safety cushion.
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Oct 29, 2026