Middle East Paper (MEPCO)مبكو
- Price
- 18.54 SAR
- Fair value
- 9.14 SAR
- Discount to fair value
- −103%
- Mkt cap
- 1.61B
- P/B
- 1.00×
- EV
- 1.71B
- ROE
- -4.8%
- Net margin
- -7.3%
Current price18.54SAR
Fair value (est., median)9.14SAR
UndervaluedFair valueOvervalued
+102.8% above fair valueWould need to fall ~50.7% to reach fair value.
Median ofGraham 20.01Residual Income 5.39Earnings Power 9.14
Health Check
31.8
Overall / 100
Good (66+)Caution (40–65)Risk (<40)
Rewards
—
Risks
- Trades 102.8% above estimated fair value.
- Currently loss-making.
- 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 detailsDemo series
Growth & profitability
Revenue, net income and margin.
RevenueNet incomeNet margin %tap a bar for figures
Key figures
Covers 4 years · FY2021–FY2024
| Metric | FY'21 | FY'22 | FY'23 | FY'24 | TTM'26 |
|---|---|---|---|---|---|
| Revenue | 1.06B | 1.19B | 866.75M | 1.07B | — |
| Net Income | 220.71M | 269.70M | -80.27M | -77.33M | 16.08M |
| Net Margin | 20.9% | 22.7% | -9.3% | -7.3% | — |
| Operating Cash Flow | 251.30M | 238.67M | 198.12M | -100.01M | — |
| OCF Margin | 23.8% | 20.1% | 22.9% | -9.4% | — |
| Capital Expenditure | 63.99M | 165.71M | 270.22M | 90.21M | — |
| Free Cash Flow | 187.31M | 72.96M | -72.09M | -190.22M | — |
| FCF Margin | 17.7% | 6.1% | -8.3% | -17.9% | — |
| FCF Conversion | 84.9% | 27.1% | -89.8% | -246.0% | — |
| EPS (Diluted) | 2.55/sh | 3.11/sh | -0.93/sh | -0.89/sh | 0.19/sh |
| Dividend / Share | — | 0.87/sh | 0.38/sh | — | — |
Dividend return (if you buy today)
This company doesn’t currently pay a dividend, so there’s no income return to project. The fair-value gauge above covers the price side.
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 | — | — | — | — | — | — |
| 2025 | — | — | — | — | — | — |
| 2024 | — | — | — | — | — | — |
| 2023 | — | — | — | — | 0.38 | — |
| 2022 | — | — | — | — | 0.87 | — |
Valuation breakdown
Fair value = median of the applicable methods (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
Excluded — non-positive free cash flow
N/A
Dividend Discount Model
Excluded — company pays no dividend
N/A
Graham Number
A conservative benchmark built from earnings and book value. · Tap to adjust assumptions
20.01
Residual Income (justified P/B)
Values the profit the company earns above the cost of its equity. · Tap to adjust assumptions
5.39
Earnings Power Value
Values today's earning power as-is, assuming no growth. · Tap to adjust assumptions
9.14
DCF only is anchored on FY2024 — 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)9.14
▸ Show assumptions▾ Assumptions
- Effective discount rate
- 8.85%
- 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 Middle East Paper (MEPCO) regularly?
Starting year
- Invested
- 1K/yr · 1K total(2026 → today · 1 yrs)
- your value today is
- 1K SAR
- Total return
- 0.0%(0.0% Dividends · 0.0% Capital gain)
- Annualised (IRR)
- +0.0%
Invested1KSAR
Dividends0SAR
Capital gain0SAR
InvestedCapital gainDividendstap a bar for figures
Community Notes0
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