National Company for Glass Industries (Zoujaj)زجاج
- Price
- 36.58 SAR
- Fair value
- 24.17 SAR
- Discount to fair value
- −51%
- Mkt cap
- 1.20B
- P/E
- 14.4×
- P/B
- 1.46×
- EV
- 1.22B
- Div yield
- 1.36%
- ROE
- 10.2%
- Net margin
- 65.1%
Current price36.58SAR
Fair value (est., median)24.17SAR
UndervaluedFair valueOvervalued
+51.4% above fair valueWould need to fall ~33.9% to reach fair value.
Median ofGraham 37.76Residual Income 23.85Earnings Power 24.17
Health Check
35.7
Overall / 100
Good (66+)Caution (40–65)Risk (<40)
Rewards
—
Risks
- Trades 51.4% 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 | 112.32M | 153.92M | 138.93M | 128.57M | — |
| Net Income | 104.33M | 47.88M | 96.83M | 83.66M | 98.30M |
| Net Margin | 92.9% | 31.1% | 69.7% | 65.1% | — |
| Operating Cash Flow | 6.23M | 40.79M | 43.52M | 5.96M | — |
| OCF Margin | 5.5% | 26.5% | 31.3% | 4.6% | — |
| Capital Expenditure | 6.96M | 11.64M | 66.13M | 45.29M | — |
| Free Cash Flow | -735.8K | 29.15M | -22.61M | -39.33M | — |
| FCF Margin | -0.7% | 18.9% | -16.3% | -30.6% | — |
| FCF Conversion | -0.7% | 60.9% | -23.4% | -47.0% | — |
| EPS (Diluted) | 3.17/sh | 1.46/sh | 2.94/sh | 2.54/sh | 2.99/sh |
| Dividend / Share | 0.99/sh | 0.98/sh | 2.00/sh | 0.50/sh | — |
Dividend return (if you buy today)if you buy today
Dividend yield1.36%
Dividend / share0.50
If you invest
Shares (≈)273
Est. annual income136.31
At this rate, dividends alone return your capital in ~73.3 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 | — | — | — | — | — | — |
| 2025 | — | — | — | — | 0.50 | — |
| 2024 | — | — | — | — | 2.00 | — |
| 2023 | — | — | — | — | 0.98 | — |
| 2022 | — | — | — | — | 0.99 | — |
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
Values the share from the dividends it's expected to keep paying. · Tap to adjust assumptions
6.99
Graham Number
A conservative benchmark built from earnings and book value. · Tap to adjust assumptions
37.76
Residual Income (justified P/B)
Values the profit the company earns above the cost of its equity. · Tap to adjust assumptions
23.85
Earnings Power Value
Values today's earning power as-is, assuming no growth. · Tap to adjust assumptions
24.17
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)24.17
▸ Show assumptions▾ Assumptions
- Effective discount rate
- 10.36%
- 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 National Company for Glass Industries (Zoujaj) regularly?
Starting year
- Invested
- 1K/yr · 1K total(2026 → today · 1 yrs)
- your value today is
- 1K SAR
- Total return
- +1.4%(+1.4% Dividends · 0.0% Capital gain)
- Annualised (IRR)
- +3.1%
Invested1KSAR
Dividends14SAR
Capital gain0SAR
InvestedCapital gainDividendstap a bar for figures
Community Notes0
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