Almaraiشركة المراعي
- Price
- 45.00 SAR
- Fair value
- 22.85 SAR
- Discount to fair value
- −97%
- Mkt cap
- 44.73B
- P/E
- 18.2×
- P/B
- 2.18×
- EV
- 57.25B
- Div yield
- 2.20%
- ROE
- 12.0%
- Net margin
- 11.1%
Current price45SAR
Fair value (est., median)22.85SAR
UndervaluedFair valueOvervalued
+96.9% above fair valueWould need to fall ~49.2% to reach fair value.
Median ofDDM 16.26Graham 33.12Residual Income 23.22Earnings Power 22.49
Health Check
47.5
Overall / 100
Good (66+)Caution (40–65)Risk (<40)
Rewards
—
Risks
- Trades 96.9% 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 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 | 18.72B | 19.58B | 20.98B | 22.06B | — |
| Net Income | 1.76B | 2.05B | 2.31B | 2.46B | 2.46B |
| Net Margin | 9.4% | 10.5% | 11.0% | 11.1% | — |
| Operating Cash Flow | 3.83B | 4.48B | 6.03B | 5.46B | — |
| OCF Margin | 20.5% | 22.9% | 28.7% | 24.8% | — |
| Capital Expenditure | 2.22B | 3.63B | 4.89B | 5.43B | — |
| Free Cash Flow | 1.61B | 856.96M | 1.13B | 36.25M | — |
| FCF Margin | 8.6% | 4.4% | 5.4% | 0.2% | — |
| FCF Conversion | 91.3% | 41.8% | 49.0% | 1.5% | — |
| EPS (Diluted) | 1.77/sh | 2.06/sh | 2.33/sh | 2.47/sh | 2.47/sh |
| Dividend / Share | 0.99/sh | 0.99/sh | 0.99/sh | 0.99/sh | — |
Dividend return (if you buy today)if you buy today
Dividend yield2.20%
Dividend / share0.99
If you invest
Shares (≈)222
Est. annual income220.11
At this rate, dividends alone return your capital in ~45.4 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 | 2.7% |
| 2025 | — | 1.00 | — | — | 0.99 | 2.0% |
| 2024 | — | 1.00 | — | — | 0.99 | 1.7% |
| 2023 | — | 1.00 | — | — | 0.99 | 1.7% |
| 2022 | — | 1.00 | — | — | 0.99 | 1.9% |
Corporate actions
DCash Dividend
1.15 /sh2026-04-22
DCash Dividend
1.00 /sh2025-04-14
DCash Dividend
1.00 /sh2024-04-03
DCash Dividend
1.00 /sh2023-04-12
DCash Dividend
1.00 /sh2022-04-13
DCash Dividend
1.00 /sh2021-04-14
DCash Dividend
0.85 /sh2020-04-06
DCash Dividend
0.85 /sh2019-04-08
DCash Dividend
0.75 /sh2018-04-10
SStock Split
1.25×2017-10-09
Valuation breakdown
Fair value = median of the applicable methods (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
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
16.26
Graham Number
A conservative benchmark built from earnings and book value. · Tap to adjust assumptions
33.12
Residual Income (justified P/B)
Values the profit the company earns above the cost of its equity. · Tap to adjust assumptions
23.22
Earnings Power Value
Values today's earning power as-is, assuming no growth. · Tap to adjust assumptions
22.49
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)22.85
▸ Show assumptions▾ Assumptions
- Effective discount rate
- 9.28%
- 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: 22.85
Aljazira Capital
as of 2023-10-11 · AlMarai Co. (AlMarai) - Results Flash Note Q3-23
Hold
67.40
—
Wealth simulator
What if you'd invested in Almarai regularly?
Starting year
- Invested
- 1K/yr · 17K total(2010 → today · 17 yrs)
- your value today is
- 23.3K SAR
- Total return
- +37.2%(+21.4% Dividends · +15.7% Capital gain)
- Annualised (IRR)
- +4.0%
Invested17KSAR
Dividends3.6KSAR
Capital gain2.7KSAR
InvestedCapital gainDividendstap a bar for figures
Major shareholders
As of 2026-06-16Disclosed holders at or above the 5% reporting threshold.
شركة سلطان القابضة
23.70%
شركة السعودية للاستثمار الزراعي والانتاج الحيواني سالك
16.32%
شركة عبدالقادر المهيدب و اولاده مساهمه مقفله
5.19%
Total disclosed45.21%
The Saudi Exchange publishes only holders at or above 5%; smaller stakes are not disclosed.
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