Alinma Bankمصرف الإنماء
- Price
- 23.87 SAR
- Fair value
- 21.16 SAR
- Discount to fair value
- −13%
- Mkt cap
- 71.61B
- P/E
- 11.2×
- P/B
- 1.48×
- EV
- 181.86B
- Div yield
- 4.17%
- ROE
- 13.3%
- Net margin
- 54.0%
Current price23.87SAR
Fair value (est., median)21.16SAR
UndervaluedFair valueOvervalued
+12.8% above fair valueWould need to fall ~11.4% to reach fair value.
Median ofDCF 21.16DDM 25.24Graham 26.83Residual Income 20.09Earnings Power 18.94
Health Check
54.3
Overall / 100
Good (66+)Caution (40–65)Risk (<40)
Rewards
- Attractive, covered dividend (4.17%).
- Above-average growth expected.
Risks
- Stretched balance sheet / elevated debt.
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 | 7.97B | 9.69B | 10.93B | 11.84B | — |
| Net Income | 3.60B | 4.84B | 5.83B | 6.40B | 6.57B |
| Net Margin | 45.2% | 50.0% | 53.3% | 54.0% | — |
| Operating Cash Flow | 8.20B | 8.36B | 5.73B | -2.16B | — |
| OCF Margin | 103.0% | 86.3% | 52.4% | -18.2% | — |
| Capital Expenditure | 464.76M | 557.20M | 788.81M | 1.37B | — |
| Free Cash Flow | 7.74B | 7.80B | 4.94B | -3.53B | — |
| FCF Margin | 97.1% | 80.6% | 45.2% | -29.8% | — |
| FCF Conversion | 215.0% | 161.2% | 84.7% | -55.2% | — |
| EPS (Diluted) | 1.20/sh | 1.61/sh | 1.94/sh | 2.13/sh | 2.19/sh |
| Dividend / Share | 0.56/sh | 0.90/sh | 0.66/sh | 0.99/sh | — |
Dividend return (if you buy today)if you buy today
Dividend yield4.17%
Dividend / share0.99
If you invest
Shares (≈)418
Est. annual income415.87
At this rate, dividends alone return your capital in ~24.0 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 | — | 0.25 | — | — | 0.25 | 1.1% |
| 2025 | — | 0.50 | 0.25 | 0.25 | 0.99 | 4.4% |
| 2024 | — | 0.21 | 0.21 | 0.25 | 0.66 | 2.5% |
| 2023 | — | 0.50 | 0.20 | 0.20 | 0.90 | 4.0% |
| 2022 | — | 0.27 | 0.30 | — | 0.56 | 2.4% |
Corporate actions
DCash Dividend
0.25 /sh2026-05-07
SStock Split
1.2×2026-04-22
DCash Dividend
0.25 /sh2025-11-05
DCash Dividend
0.25 /sh2025-08-10
DCash Dividend
0.25 /sh2025-05-14
DCash Dividend
0.25 /sh2025-04-27
DCash Dividend
0.25 /sh2024-11-10
DCash Dividend
0.21 /sh2024-08-19
DCash Dividend
0.21 /sh2024-05-20
SStock Split
1.25×2024-04-24
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
21.16
Dividend Discount Model
Values the share from the dividends it's expected to keep paying. · Tap to adjust assumptions
25.24
Graham Number
A conservative benchmark built from earnings and book value. · Tap to adjust assumptions
26.83
Residual Income (justified P/B)
Values the profit the company earns above the cost of its equity. · Tap to adjust assumptions
20.09
Earnings Power Value
Values today's earning power as-is, assuming no growth. · Tap to adjust assumptions
18.94
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)21.16
▸ Show assumptions▾ Assumptions
- Effective discount rate
- 7.06%
- 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: 21.16
Aljazira Capital
as of 2022-10-27 · Alinma Bank - Results Flash Note Q3-22
Overweight
42.00
—
Wealth simulator
What if you'd invested in Alinma Bank regularly?
Starting year
- Invested
- 1K/yr · 17K total(2010 → today · 17 yrs)
- your value today is
- 49.2K SAR
- Total return
- +189.4%(+35.2% Dividends · +154.2% Capital gain)
- Annualised (IRR)
- +12.2%
Invested17KSAR
Dividends6KSAR
Capital gain26.2KSAR
InvestedCapital gainDividendstap a bar for figures
Major shareholders
As of 2026-06-16Disclosed holders at or above the 5% reporting threshold.
صندوق الاستثمارات العامه
10.00%
Total disclosed10.00%
The Saudi Exchange publishes only holders at or above 5%; smaller stakes are not disclosed.
Community Notes0
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