Saudi Tadawul Groupبنك البلاد
- Price
- 137.10 SAR
- Fair value
- 37.60 SAR
- Discount to fair value
- −265%
- Mkt cap
- 16.45B
- P/E
- 41.6×
- P/B
- 4.78×
- EV
- 16.95B
- Div yield
- 2.44%
- ROE
- 11.5%
- Net margin
- 31.4%
Current price137.1SAR
Fair value (est., median)37.6SAR
UndervaluedFair valueOvervalued
+264.6% above fair valueWould need to fall ~72.6% to reach fair value.
Median ofDCF 37.6DDM 47.18Graham 47.39Residual Income 34.91Earnings Power 33.13
Health Check
32.5
Overall / 100
Good (66+)Caution (40–65)Risk (<40)
Rewards
- Healthy balance sheet.
Risks
- Trades 264.6% above estimated fair value.
- Dividend payout looks stretched.
Scores are computed automatically from the real financial statements (Value from fair value; the rest from growth, profitability, balance sheet and dividends). A decision aid, not investment advice.
Price, corporate actions & news
Demo series
D — DividendS — Split▲ good · ▼ bad newstap a marker for details
Growth & profitability
Revenue, net income and margin.
RevenueNet incomeNet margin %tap a bar for figures
Key figures
Covers 4 years · FY2022–FY2025
| Metric | FY'22 | FY'23 | FY'24 | FY'25 | TTM'26 |
|---|---|---|---|---|---|
| Revenue | 1.09B | 1.07B | 1.45B | 1.26B | — |
| Net Income | 424.60M | 390.06M | 621.84M | 395.61M | 330.70M |
| Net Margin | 38.9% | 36.4% | 43.0% | 31.4% | — |
| Operating Cash Flow | 470.40M | 394.75M | 624.90M | 514.42M | — |
| OCF Margin | 43.1% | 36.8% | 43.2% | 40.8% | — |
| Capital Expenditure | 99.09M | 141.07M | 213.73M | 193.41M | — |
| Free Cash Flow | 371.31M | 253.68M | 411.16M | 321.02M | — |
| FCF Margin | 34.1% | 23.6% | 28.4% | 25.5% | — |
| FCF Conversion | 87.4% | 65.0% | 66.1% | 81.1% | — |
| EPS (Diluted) | 3.54/sh | 3.25/sh | 5.18/sh | 3.30/sh | 2.76/sh |
| Dividend / Share | 3.00/sh | 2.31/sh | 2.30/sh | 3.35/sh | — |
Dividend return (if you buy today)if you buy today
Dividend yield2.44%
Dividend / share3.35
If you invest
Shares (≈)72
Est. annual income241.20
At this rate, dividends alone return your capital in ~40.9 years.
Dividend history
Dividend / share & historical yield (SAR).
Dividend / share yield %tap a bar for figures
Quarterly dividends & yield
Per-share dividends by quarter, full-year total, and yield on the year's average price · SAR
| Year | Q1 | Q2 | Q3 | Q4 | Full year | Yield (avg) |
|---|---|---|---|---|---|---|
| 2026 | — | 2.30 | — | — | 2.30 | 1.6% |
| 2025 | — | 3.35 | — | — | 3.35 | 1.8% |
| 2024 | — | 2.30 | — | — | 2.30 | 1.0% |
| 2023 | — | 2.31 | — | — | 2.31 | 1.3% |
| 2022 | — | 3.00 | — | — | 3.00 | 1.6% |
Corporate actions
DCash Dividend
2.30 /sh2026-04-23
DCash Dividend
3.35 /sh2025-05-08
DCash Dividend
2.30 /sh2024-04-28
DCash Dividend
2.31 /sh2023-05-11
DCash Dividend
3.00 /sh2022-05-15
Valuation breakdown
Fair value = median of the applicable methods (DCF، DDM، Graham، Residual Income، Earnings Power).
Each method below is a different lens on the same company — no single method dominates the result.
Discounted Cash Flow
Values the company from the future cash it's expected to generate. · Tap to adjust assumptions
37.60
Dividend Discount Model
Values the share from the dividends it's expected to keep paying. · Tap to adjust assumptions
47.18
Graham Number
A conservative benchmark built from earnings and book value. · Tap to adjust assumptions
47.39
Residual Income (justified P/B)
Values the profit the company earns above the cost of its equity. · Tap to adjust assumptions
34.91
Earnings Power Value
Values today's earning power as-is, assuming no growth. · Tap to adjust assumptions
33.13
DCF only is anchored on FY2025 — the latest year with positive cash flow that supports a value. The other methods (DDM, Graham, RIM, EPV) use current / normalized figures.
Fair Value (median)37.60
▸ Show assumptions▾ Assumptions
- Effective discount rate
- 10.31%
- CAPM cost of equity
- 10.50%
- Risk-free rate
- 4.50%
- Equity risk premium
- 6.00%
- DCF growth (stage 1)
- 8.00%
- DCF terminal growth
- 3.00%
- DCF forecast years
- 5
- DDM dividend growth
- 3.00%
Tune these per company in the Hajras Odoo backend; values recompute automatically.
Analyst Price Targets
1 houseHistorical — last published analyst views, not a current target.
Hajras fair value: 37.60
Aljazira Capital
as of 2021-12-06 · Saudi Tadawul Group - Pre-IPO Report
113.00
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Wealth simulator
What if you'd invested in Saudi Tadawul Group regularly?
Starting year
- Invested
- 1K/yr · 6K total(2021 → today · 6 yrs)
- your value today is
- 5.6K SAR
- Total return
- -6.9%(+5.8% Dividends · -12.7% Capital gain)
- Annualised (IRR)
- -2.6%
Invested6KSAR
Dividends349SAR
Capital gain-765SAR
InvestedCapital gainDividendstap a bar for figures
Community Notes0
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