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Dkhoun National Trading Company (9635) Fair Value & Analysis

Consumer Defensive · SA · Market cap 124M SAR

DN Dkhoun National Trading Company 9635 · SR
Price62.05 SAR
Fair Value74.94 SAR
Upside+20.8%
Quality50/100
Healthy Growth
Thin margins · 9.4% net margin
generates free cash flow
4.83% dividend yield
Ranks above peers (11/13)
Moderate moat 46/100
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Evidence: High Range 48.52 SAR – 93.67 SAR Share as image

Fair value as of: Aug 1, 2026

From 24 valuation models · updated today

Share price +1.7% over the past month.

What matters now

  • Solid quality (50/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (48.52 SAR to 93.67 SAR) leaves room in how you read the outcome.

Price vs Fair Value (12 months)

82.84 SAR 50.82 SAR Fair Value 74.94 SAR Aug 2025 Jul 2026

12‑month range 50.82 SAR – 82.84 SAR · fair‑value band 48.52 SAR – 93.67 SAR · the 62.05 SAR price screens below the 74.94 SAR fair value. As of Aug 1, 2026.

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Analysis

Dkhoun National Trading Company (9635) currently trades at 62.05 SAR, while our model-based Fair Value estimate is 74.94 SAR, implying the stock looks roughly 20.8% undervalued today. We read business quality at 50/100 (solid quality), in the Consumer Defensive 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, Dkhoun National Trading Company generated revenue of 80.1M SAR at a net margin of 9.4%. Revenue grew 8.1% year over year. It earns a return on equity of 12.4%. Net debt stands at 16.9M SAR. Fundamentals as of Aug 1, 2026

Our scenario range runs from 48.52 SAR (bear case) to 93.67 SAR (bull case); at 62.05 SAR, the current price sits within that range. The share trades about 25% below its 52-week high and 22% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -50% fair-value upside, at 21%, 9635 screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 80.1M SAR
Revenue growth (YoY) +8.1%
Net margin 9.4%
Return on equity 12.4%
Free cash flow 5.1M SAR FY2025
P/E ratio 16.5
More key figures
Operating margin 11.0%
EPS (TTM) 3.75 SAR
Dividend yield 4.8%
EPS growth (YoY) -55.6%
Net debt 16.9M SAR FY2024

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

Quality Score breakdown

Overall quality 50/100
Profitability 53
Quality Growth 48
Cashflow 45
Fin. Strength 82
Investment 21
Low Volatility 55
Momentum 42
52W Momentum 23
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

Dkhoun National Trading Company engages in the retail sale of oud and incense, and perfumes under the Dkhoun brand in the Kingdom of Saudi Arabia and internationally.

Full company description

Dkhoun National Trading Company engages in the retail sale of oud and incense, and perfumes under the Dkhoun brand in the Kingdom of Saudi Arabia and internationally. It is also involved in the general store stocking of various food products; manufacture of men's and women's perfumes; production of oud and oud oil; incense making; blending and packaging of perfumes, oils, and plants; purchase, sale, and subdivision of land and real estate; management and leasing of owned or rented residential properties; and real estate brokerage. In addition, the company offers body perfumes, hair perfumes, home fragrances, boxes and gifts, and oud oil and perfumes. It offers its products through in-store and online stores. Dkhoun National Trading Company was incorporated in 2010 and is headquartered in Riyadh, Saudi Arabia.

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

Revenue & earnings trend

FY2022 – FY2025 · reported fiscal years

Dkhoun National Trading Company reported revenue of 80.1M SAR in FY2025 versus 13.2M SAR in FY2022, a compound +82.7%/yr. Reported net income was 7.5M SAR in FY2025, compounding +58.4%/yr from FY2022.

Revenue +82.7%/yr
FY22 13.2M SAR
FY23 16.0M SAR
FY24 20.0M SAR
FY25 80.1M SAR
Net income +58.4%/yr
FY22 1.9M SAR
FY23 3.0M SAR
FY24 3.8M SAR
FY25 7.5M SAR

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Cite: Fair Value Calculator (2026). "Dkhoun National Trading Company Fair Value". https://www.fairvalue-calculator.com/stock/9635

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 61 / 30
FUTURE 41 / 4
PAST 50 / 27
HEALTH 0 / 98
DIVIDEND 97 / 49

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 Household & Personal Products stocks, each showing price versus our Fair Value estimate (as of Aug 1, 2026).

Stock Price Fair Value vs Fair Value
The Procter & Gamble Company PRG €123.42 €69.60 -44%
L'Oréal S.A LRLCF $450.56 $209.17 -54%
Unilever PLC ULEV34 R$342.24 R$355.27 +4%
Colgate-Palmolive Company CL 1,487 MXN 736.61 MXN -50%
Hindustan Unilever Limited HINDUNILVR ₹2,170 ₹807.38 -63%
Kimberly-Clark Corporation KMBB34 R$507.13 R$264.22 -48%
Church & Dwight Co CHDC34 R$488.56 R$243.77 -50%
Essity AB ESSITYA kr 268.00 kr 265.76 -1%
Godrej Consumer Products Limited GODREJCP ₹998.00 ₹323.44 -68%
Marico Limited MARICO ₹810.65 ₹364.61 -55%

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Frequently asked questions

Is Dkhoun National Trading Company (9635) overvalued or undervalued?
As of Aug 1, 2026, our model estimates a fair value of 74.94 SAR versus a price of 62.05 SAR, about +21% (undervalued).
What is the fair value of 9635?
Our model-based fair value for Dkhoun National Trading Company is 74.94 SAR (as of Aug 1, 2026), built from audited fundamentals. The current price is 62.05 SAR.
What is the quality score of 9635?
Dkhoun National Trading Company has a Quality Score of 50/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Dkhoun National Trading Company (9635)?
Dkhoun National Trading Company reported trailing-twelve-month revenue of about 80.1M SAR (latest available figure, as of Aug 1, 2026).
What is the net profit margin of 9635?
The net profit margin of Dkhoun National Trading Company is about 9.4%, meaning it keeps roughly 9.4% of revenue as net income. Based on the latest reported figures.
Does Dkhoun National Trading Company pay a dividend?
Dkhoun National Trading Company currently shows a dividend yield of about 4.83% 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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