Saudi National Bankالبنك الأهلي السعودي
- Price
- 39.14 SAR
- Fair value
- 38.00 SAR
- Discount to fair value
- −3%
- Mkt cap
- 232.30B
- P/E
- 9.3×
- P/B
- 1.14×
- EV
- 298.77B
- Div yield
- 5.17%
- ROE
- 12.3%
- Net margin
- 61.2%
Current price39.14SAR
Fair value (est., median)38SAR
UndervaluedFair valueOvervalued
+3.0% above fair valueTrading close to fair value.
Median ofDCF 9.5DDM 37.65Graham 55.45Residual Income 39.49Earnings Power 38
Health Check
62
Overall / 100
Good (66+)Caution (40–65)Risk (<40)
Rewards
- Healthy balance sheet.
- Attractive, covered dividend (5.17%).
Risks
- Low fair-value confidence — methods disagree or data is thin.
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 | 34.07B | 35.89B | 37.40B | 40.84B | — |
| Net Income | 18.58B | 20.01B | 21.19B | 25.01B | 25.41B |
| Net Margin | 54.5% | 55.8% | 56.7% | 61.2% | — |
| Operating Cash Flow | -4.24B | 29.20B | -42.13B | 7.88B | — |
| OCF Margin | -12.4% | 81.4% | -112.6% | 19.3% | — |
| Capital Expenditure | 2.07B | 2.00B | 1.91B | 2.15B | — |
| Free Cash Flow | -6.31B | 27.19B | -44.04B | 5.74B | — |
| FCF Margin | -18.5% | 75.8% | -117.7% | 14.0% | — |
| FCF Conversion | -34.0% | 135.9% | -207.8% | 22.9% | — |
| EPS (Diluted) | 3.13/sh | 3.37/sh | 3.57/sh | 4.21/sh | 4.28/sh |
| Dividend / Share | 1.51/sh | 1.31/sh | 1.82/sh | 2.02/sh | — |
Dividend return (if you buy today)if you buy today
Dividend yield5.17%
Dividend / share2.02
If you invest
Shares (≈)255
Est. annual income515.58
At this rate, dividends alone return your capital in ~19.4 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 | — | 1.15 | — | — | 1.15 | 2.8% |
| 2025 | 1.00 | — | 1.00 | — | 2.02 | 5.6% |
| 2024 | — | 0.90 | 0.90 | — | 1.82 | 5.0% |
| 2023 | — | 0.60 | 0.85 | — | 1.31 | 3.7% |
| 2022 | — | 0.68 | 0.83 | — | 1.51 | 3.0% |
Corporate actions
DCash Dividend
1.15 /sh2026-04-16
DCash Dividend
1.00 /sh2025-08-04
DCash Dividend
1.00 /sh2025-02-10
DCash Dividend
0.90 /sh2024-08-12
DCash Dividend
0.90 /sh2024-05-02
DCash Dividend
0.85 /sh2023-08-02
SStock Split
1.333333×2023-05-08
DCash Dividend
0.60 /sh2023-05-08
DCash Dividend
0.83 /sh2022-07-14
DCash Dividend
0.68 /sh2022-04-17
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
9.50
Dividend Discount Model
Values the share from the dividends it's expected to keep paying. · Tap to adjust assumptions
37.65
Graham Number
A conservative benchmark built from earnings and book value. · Tap to adjust assumptions
55.45
Residual Income (justified P/B)
Values the profit the company earns above the cost of its equity. · Tap to adjust assumptions
39.49
Earnings Power Value
Values today's earning power as-is, assuming no growth. · Tap to adjust assumptions
38.00
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)38.00
▸ Show assumptions▾ Assumptions
- Effective discount rate
- 8.53%
- 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.
Wealth simulator
What if you'd invested in Saudi National Bank regularly?
Starting year
- Invested
- 1K/yr · 13K total(2014 → today · 13 yrs)
- your value today is
- 19.9K SAR
- Total return
- +52.8%(+28.7% Dividends · +24.1% Capital gain)
- Annualised (IRR)
- +7.1%
Invested13KSAR
Dividends3.7KSAR
Capital gain3.1KSAR
InvestedCapital gainDividendstap a bar for figures
Major shareholders
As of 2026-06-16Disclosed holders at or above the 5% reporting threshold.
صندوق الاستثمارات العامه
37.24%
Total disclosed37.24%
The Saudi Exchange publishes only holders at or above 5%; smaller stakes are not disclosed.
Community Notes0
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