Digital Researchشركة الأبحاث الرقمية
- Price
- 34.80 SAR
- Fair value
- 26.27 SAR
- Discount to fair value
- −32%
- Mkt cap
- 58.73M
- P/B
- 1.86×
- EV
- 44.95M
- ROE
- -16.7%
- Net margin
- -11.1%
Current price34.8SAR
Fair value (est., median)26.27SAR
UndervaluedFair valueOvervalued
+32.5% above fair valueWould need to fall ~24.5% to reach fair value.
Median ofDCF 70.01Graham 30.52Residual Income 22.02Earnings Power 21.07
Health Check
41.9
Overall / 100
Good (66+)Caution (40–65)Risk (<40)
Rewards
- Healthy balance sheet.
Risks
- Trades 32.5% 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 details
Growth & profitability
Revenue, net income and margin.
RevenueNet incomeNet margin %tap a bar for figures
Key figures
Covers 3 years · FY2023–FY2025
| Metric | FY'23 | FY'24 | FY'25 |
|---|---|---|---|
| Revenue | 54.29M | 63.05M | 47.29M |
| Net Income | 10.53M | 5.93M | -5.26M |
| Net Margin | 19.4% | 9.4% | -11.1% |
| Operating Cash Flow | 9.30M | 13.53M | 1.94M |
| OCF Margin | 17.1% | 21.5% | 4.1% |
| Capital Expenditure | 277.1K | 331.6K | 3.37M |
| Free Cash Flow | 9.03M | 13.20M | -1.43M |
| FCF Margin | 16.6% | 20.9% | -3.0% |
| FCF Conversion | 85.7% | 222.6% | -27.2% |
| EPS (Diluted) | 6.24/sh | 3.51/sh | -3.12/sh |
| Dividend / Share | — | 2.37/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 | — | — | — | — | 2.37 | 3.0% |
| 2023 | — | — | — | — | — | — |
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
70.01
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
30.52
Residual Income (justified P/B)
Values the profit the company earns above the cost of its equity. · Tap to adjust assumptions
22.02
Earnings Power Value
Values today's earning power as-is, assuming no growth. · Tap to adjust assumptions
21.07
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)26.27
▸ 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.
Wealth simulator
What if you'd invested in Digital Research regularly?
Starting year
- Invested
- 1K/yr · 3K total(2024 → today · 3 yrs)
- your value today is
- 2.1K SAR
- Total return
- -29.6%(+2.0% Dividends · -31.6% Capital gain)
- Annualised (IRR)
- -23.8%
Invested3KSAR
Dividends61SAR
Capital gain-949SAR
InvestedCapital gainDividendstap a bar for figures
Major shareholders
As of 2026-06-16Disclosed holders at or above the 5% reporting threshold.
منصور عايض حسن القحطاني
18.45%
وليد خالد احمد السليمان
15.67%
عبدالعزيز سعود متعب السبهان
8.78%
شركة الابحاث الرقمية
8.08%
محمد احمد عبدالله القريشي
5.86%
احمد محمد احمد القريشي
5.84%
Total disclosed62.68%
The Saudi Exchange publishes only holders at or above 5%; smaller stakes are not disclosed.
Community Notes0
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