Hajras · هجرس

Hajras

Equity Research Report

National Company for Glass Industries (Zoujaj)

2150 · TASI — Main Market · 2026-07-29

Snapshot

Price36.58 SAR

Market cap1.20B SAR

P/E14.39×

P/B1.46×

ROE10.18%

Dividend yield1.37%

Revenue CAGR4.61%

Valuation (Hajras)

Fair value24.17 SAR

Ratingovervalued

Upside/(downside)-33.93%

DCF—

DDM6.99

Graham37.76

Discount rate10.36%

DCF growth8.00%

Financials

SAR	FY22	FY23	FY24	FY25
Revenue	112.32M	153.92M	138.93M	128.57M
Net income	104.33M	47.88M	96.83M	83.66M
EPS	3.17	1.46	2.94	2.54
DPS	0.99	0.98	2.00	0.50
Equity	691.69M	721.61M	754.29M	821.54M

This report is for informational purposes only and is not investment advice. Sources: Hajras valuation & financials, Yahoo/SEC EDGAR, and investment-house targets.