Saudi Arabian Mining (Ma'aden)معادن
- Price
- 62.10 SAR
- Fair value
- 15.93 SAR
- Discount to fair value
- −290%
- Mkt cap
- 241.49B
- P/E
- 32.9×
- P/B
- 3.92×
- EV
- 264.75B
- ROE
- 11.9%
- Net margin
- 19.0%
Current price62.1SAR
Fair value (est., median)15.93SAR
UndervaluedFair valueOvervalued
+289.9% above fair valueWould need to fall ~74.4% to reach fair value.
Median ofDCF 17.66Graham 23.05Residual Income 13.54Earnings Power 14.2
Health Check
33.5
Overall / 100
Good (66+)Caution (40–65)Risk (<40)
Rewards
—
Risks
- Trades 289.9% above estimated fair value.
- 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 · FY2022–FY2025
| Metric | FY'22 | FY'23 | FY'24 | FY'25 | TTM'26 |
|---|---|---|---|---|---|
| Revenue | 40.28B | 29.27B | 32.55B | 38.58B | — |
| Net Income | 9.32B | 1.58B | 2.87B | 7.35B | 7.43B |
| Net Margin | 23.1% | 5.4% | 8.8% | 19.0% | — |
| Operating Cash Flow | 15.94B | 7.53B | 10.32B | 10.93B | — |
| OCF Margin | 39.6% | 25.7% | 31.7% | 28.3% | — |
| Capital Expenditure | 2.53B | 3.76B | 4.32B | 6.91B | — |
| Free Cash Flow | 13.40B | 3.76B | 6.00B | 4.02B | — |
| FCF Margin | 33.3% | 12.9% | 18.4% | 10.4% | — |
| FCF Conversion | 143.8% | 238.7% | 208.9% | 54.7% | — |
| EPS (Diluted) | 2.40/sh | 0.41/sh | 0.74/sh | 1.89/sh | 1.91/sh |
| Dividend / Share | — | — | — | — | — |
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).
No dividend history — this company doesn’t currently pay a dividend.
Valuation breakdown
Fair value = median of the applicable methods (DCF، 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
17.66
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
23.05
Residual Income (justified P/B)
Values the profit the company earns above the cost of its equity. · Tap to adjust assumptions
13.54
Earnings Power Value
Values today's earning power as-is, assuming no growth. · Tap to adjust assumptions
14.20
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)15.93
▸ Show assumptions▾ Assumptions
- Effective discount rate
- 9.84%
- 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: 15.93
Aljazira Capital
as of 2022-06-06 · Saudi Arabian Mining Co.(MAADEN) Result Flash Note Q1-22
Hold
50.00
—
Wealth simulator
What if you'd invested in Saudi Arabian Mining (Ma'aden) 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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