Price Target Changed • Jun 22
Price target decreased by 8.5% to ر.س17.12 Down from ر.س18.72, the current price target is an average from 10 analysts. New target price is 23% above last closing price of ر.س13.96. Stock is down 44% over the past year. The company is forecast to post earnings per share of ر.س0.37 for next year compared to ر.س0.36 last year. Major Estimate Revision • Jun 06
Consensus EPS estimates fall by 40% The consensus outlook for fiscal year 2026 has been updated. 2026 consensus EPS estimate fell from ر.س0.617 to ر.س0.37. Revenue forecast reaffirmed at ر.س3.01b. Net income forecast to grow 231% next year vs 88% growth forecast for Hospitality industry in Saudi Arabia. Consensus price target reaffirmed at ر.س19.42. Share price rose 14% to ر.س14.03 over the past week. Announcement • Jun 05
Jahez International Company for Information Systems Technology, Annual General Meeting, Jun 28, 2026 Jahez International Company for Information Systems Technology, Annual General Meeting, Jun 28, 2026, at 20:45 Arab Standard Time. Location: riyadh Saudi Arabia Reported Earnings • May 16
First quarter 2026 earnings released: ر.س0.05 loss per share (vs ر.س0.17 profit in 1Q 2025) First quarter 2026 results: ر.س0.05 loss per share (down from ر.س0.17 profit in 1Q 2025). Revenue: ر.س725.1m (up 38% from 1Q 2025). Net loss: ر.س9.18m (down 126% from profit in 1Q 2025). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Hospitality industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • May 14
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.6% to ر.س12.78. The fair value is estimated to be ر.س16.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 31%. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are also forecast to grow by 26% per annum over the same time period. New Risk • Apr 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Saudi stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.1% net profit margin). Price Target Changed • Apr 21
Price target decreased by 8.3% to ر.س19.47 Down from ر.س21.23, the current price target is an average from 10 analysts. New target price is 53% above last closing price of ر.س12.69. Stock is down 54% over the past year. The company is forecast to post earnings per share of ر.س0.59 for next year compared to ر.س0.36 last year. Major Estimate Revision • Apr 15
Consensus EPS estimates fall by 28%, revenue upgraded The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from ر.س2.92b to ر.س2.98b. EPS estimate fell from ر.س0.919 to ر.س0.661 per share. Net income forecast to shrink 14% next year vs 44% growth forecast for Hospitality industry in Saudi Arabia . Consensus price target down from ر.س21.23 to ر.س20.18. Share price rose 9.7% to ر.س12.33 over the past week. Reported Earnings • Apr 10
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: ر.س0.36 (down from ر.س0.92 in FY 2024). Revenue: ر.س2.32b (up 4.7% from FY 2024). Net income: ر.س73.0m (down 61% from FY 2024). Profit margin: 3.1% (down from 8.5% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 55%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Hospitality industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Price Target Changed • Mar 13
Price target decreased by 8.5% to ر.س19.95 Down from ر.س21.82, the current price target is an average from 11 analysts. New target price is 70% above last closing price of ر.س11.75. Stock is down 61% over the past year. The company is forecast to post earnings per share of ر.س0.82 for next year compared to ر.س0.92 last year. Buy Or Sell Opportunity • Mar 03
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 26% to ر.س11.29. The fair value is estimated to be ر.س14.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 38%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. New Risk • Jan 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Saudi stocks, typically moving 5.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (56% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (5.4% average weekly change). Price Target Changed • Dec 11
Price target decreased by 12% to ر.س23.08 Down from ر.س26.08, the current price target is an average from 12 analysts. New target price is 41% above last closing price of ر.س16.32. Stock is down 50% over the past year. The company is forecast to post earnings per share of ر.س0.80 for next year compared to ر.س0.92 last year. Major Estimate Revision • Dec 04
Consensus EPS estimates fall by 22% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ر.س2.42b to ر.س2.30b. EPS estimate also fell from ر.س0.967 per share to ر.س0.75 per share. Net income forecast to grow 9.6% next year vs 22% growth forecast for Hospitality industry in Saudi Arabia. Consensus price target down from ر.س25.53 to ر.س24.83. Share price fell 4.8% to ر.س15.46 over the past week. Reported Earnings • Nov 19
Third quarter 2025 earnings released: EPS: ر.س0.31 (vs ر.س0.39 in 3Q 2024) Third quarter 2025 results: EPS: ر.س0.31 (down from ر.س0.39 in 3Q 2024). Revenue: ر.س533.3m (down 11% from 3Q 2024). Net income: ر.س62.6m (down 22% from 3Q 2024). Profit margin: 12% (down from 13% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Hospitality industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Announcement • Nov 18
Jahez International Company for Information Systems Technology to Report Q3, 2025 Results on Nov 17, 2025 Jahez International Company for Information Systems Technology announced that they will report Q3, 2025 results on Nov 17, 2025 Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ر.س16.44, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Hospitality industry in Saudi Arabia. Total loss to shareholders of 51% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ر.س17.03 per share. Price Target Changed • Aug 21
Price target decreased by 8.8% to ر.س28.15 Down from ر.س30.87, the current price target is an average from 11 analysts. New target price is 26% above last closing price of ر.س22.33. Stock is down 15% over the past year. The company is forecast to post earnings per share of ر.س0.91 for next year compared to ر.س0.92 last year. Major Estimate Revision • Aug 19
Consensus EPS estimates fall by 18% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ر.س2.59b to ر.س2.53b. EPS estimate also fell from ر.س1.12 per share to ر.س0.911 per share. Net income forecast to grow 9.4% next year vs 26% growth forecast for Hospitality industry in Saudi Arabia. Consensus price target down from ر.س30.87 to ر.س28.97. Share price was steady at ر.س23.57 over the past week. Reported Earnings • Aug 13
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: ر.س567.1m (up 4.8% from 2Q 2024). Net income: ر.س19.7m (down 35% from 2Q 2024). Profit margin: 3.5% (down from 5.6% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Hospitality industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Jun 24
Now 20% overvalued Over the last 90 days, the stock has fallen 14% to ر.س25.95. The fair value is estimated to be ر.س21.62, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Announcement • Jun 04
Jahez International Company for Information Systems Technology, Annual General Meeting, Jun 29, 2025 Jahez International Company for Information Systems Technology, Annual General Meeting, Jun 29, 2025, at 19:00 Arab Standard Time. Location: riyadh Saudi Arabia Reported Earnings • May 17
First quarter 2025 earnings released: EPS: ر.س0.17 (vs ر.س0.10 in 1Q 2024) First quarter 2025 results: EPS: ر.س0.17 (up from ر.س0.10 in 1Q 2024). Revenue: ر.س526.0m (up 2.9% from 1Q 2024). Net income: ر.س35.3m (up 66% from 1Q 2024). Profit margin: 6.7% (up from 4.2% in 1Q 2024). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Major Estimate Revision • Mar 24
Consensus EPS estimates increase by 20% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from ر.س0.928 to ر.س1.12. Revenue forecast steady at ر.س2.59b. Net income forecast to grow 25% next year vs 25% growth forecast for Hospitality industry in Saudi Arabia. Consensus price target broadly unchanged at ر.س31.91. Share price rose 3.4% to ر.س30.55 over the past week. Reported Earnings • Mar 20
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: EPS: ر.س0.92 (up from ر.س0.61 in FY 2023). Revenue: ر.س2.22b (up 24% from FY 2023). Net income: ر.س188.0m (up 50% from FY 2023). Profit margin: 8.5% (up from 7.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) exceeded analyst estimates by 11%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in Saudi Arabia. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings. Board Change • Mar 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Loulwa Muhammad Bakr was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ر.س31.75, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 25x in the Hospitality industry in Saudi Arabia. Total returns to shareholders of 22% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ر.س16.72 per share. Major Estimate Revision • Dec 10
Consensus EPS estimates increase by 42% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from ر.س0.571 to ر.س0.812. Revenue forecast steady at ر.س2.24b. Net income forecast to grow 69% next year vs 58% growth forecast for Hospitality industry in Saudi Arabia. Consensus price target up from ر.س30.94 to ر.س32.19. Share price rose 2.7% to ر.س37.60 over the past week. New Risk • Nov 04
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Saudi stocks, typically moving 7.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Oct 25
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 8.3% to ر.س27.50. The fair value is estimated to be ر.س22.89, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has declined by 70%. For the next 3 years, revenue is forecast to grow by 16% per annum. Earnings are also forecast to grow by 24% per annum over the same time period. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ر.س25.60, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 29x in the Hospitality industry in Saudi Arabia. Total returns to shareholders of 16% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ر.س23.02 per share. Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ر.س25.80, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 26x in the Hospitality industry in Saudi Arabia. Total loss to shareholders of 13% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ر.س24.82 per share. Reported Earnings • Aug 21
Second quarter 2024 earnings released: EPS: ر.س0.15 (vs ر.س0.15 in 2Q 2023) Second quarter 2024 results: EPS: ر.س0.15 (down from ر.س0.15 in 2Q 2023). Revenue: ر.س541.0m (up 30% from 2Q 2023). Net income: ر.س30.2m (down 3.5% from 2Q 2023). Profit margin: 5.6% (down from 7.5% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in Saudi Arabia. Buy Or Sell Opportunity • Jul 07
Now 22% overvalued Over the last 90 days, the stock has fallen 22% to ر.س27.65. The fair value is estimated to be ر.س22.58, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has declined by 130%. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings are also forecast to grow by 23% per annum over the same time period. Announcement • May 25
Jahez International Company for Information Systems Technology, Annual General Meeting, Jun 12, 2024 Jahez International Company for Information Systems Technology, Annual General Meeting, Jun 12, 2024, at 18:30 Arab Standard Time. Location: riyadh Saudi Arabia Buy Or Sell Opportunity • Apr 25
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 12% to ر.س33.55. The fair value is estimated to be ر.س27.27, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has declined by 130%. For the next 3 years, revenue is forecast to grow by 18% per annum. Earnings are also forecast to grow by 23% per annum over the same time period. Price Target Changed • Apr 12
Price target increased by 9.1% to ر.س33.91 Up from ر.س31.06, the current price target is an average from 8 analysts. New target price is approximately in line with last closing price of ر.س35.25. Stock is down 1.4% over the past year. The company is forecast to post earnings per share of ر.س0.80 for next year compared to ر.س0.61 last year. Reported Earnings • Mar 29
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: ر.س0.61 (up from ر.س0.29 in FY 2022). Revenue: ر.س1.78b (up 11% from FY 2022). Net income: ر.س125.3m (up 113% from FY 2022). Profit margin: 7.0% (up from 3.7% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) also missed analyst estimates by 7.0%. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in Saudi Arabia. Announcement • Mar 22
Jahez International Company for Information Systems Technology Approves the Formation of the Remuneration and Nominations Committee Jahez International Company for Information Systems Technology approved the formation of the Remuneration and Nominations Committee from the date of the decision until the end of the current Board session, which ends on 16 December, 2024, as follows: Mr. Abdullah Saud Al Rumaih (Chairman of the Committee - Independent Member). Mr. Abdulmajeed Abdulmohsen AlShaikh (Committee member - member from outside the Board). Mr. Musaed Abdullah Al Qassim (committee member - member from outside the Board). Mr. Abdulmajeed Abdulmohsen AlShaikh holds a Bachelor's degree in industrial engineering from King Fahd University of Petroleum and Minerals in 2004, and holds a Master's degree in engineering management from Brunel University in London United Kingdom in 2006, and holds a Master's degree in business administration "MBA". From Queen's University in Canada in 2010. and holds the position of CEO, board member, and member of the Investment Committee of Mayar Holding Company, and Chairman of the Nominations and Remuneration Committee, board member and member of the Executive Committee of the Saudi Fisheries Company, He worked at the Industrial Development Fund until he held the position of Director of the Credit Department at the Industrial Development Fund from 2008 to 2014. Mr. Musaed Abdullah Al Qassim holds a Bachelor’s degree in English Literature and Translation from Imam Mohammed Bin Saud University in 2002, and a Master of Business Administration from Hull University in England in 2006. and holds the position of Chief Corporate Services Officer, at Saudi Agricultural and Livestock Investment Company (SALIC), and Nomination & Remuneration Committee Member at STC Bank and Saudi Hospitality Company, he held several positions, including Chief Shared Services Officer, Prince Mohammed Bin Salman Foundation (MISK (from 2021 to 2023. Buy Or Sell Opportunity • Feb 29
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 20% to ر.س33.70. The fair value is estimated to be ر.س27.98, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last year. Earnings per share has declined by 65%. For the next 3 years, revenue is forecast to grow by 18% per annum. Earnings are also forecast to grow by 28% per annum over the same time period. New Risk • Feb 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Saudi stocks, typically moving 7.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.4% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (4.0% net profit margin). Buy Or Sell Opportunity • Feb 05
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 46% to ر.س32.00. The fair value is estimated to be ر.س25.81, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last year. Earnings per share has declined by 65%. For the next 3 years, revenue is forecast to grow by 18% per annum. Earnings are also forecast to grow by 28% per annum over the same time period. Price Target Changed • Feb 02
Price target decreased by 8.5% to ر.س30.24 Down from ر.س33.04, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of ر.س30.45. Stock is up 2.4% over the past year. The company is forecast to post earnings per share of ر.س0.66 for next year compared to ر.س0.29 last year. Buying Opportunity • Nov 29
Now 58% undervalued after recent price drop Over the last 90 days, the stock is down 96%. The fair value is estimated to be ر.س62.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last year. Earnings per share has declined by 65%. For the next 3 years, revenue is forecast to grow by 19% per annum. Earnings is also forecast to grow by 30% per annum over the same time period. New Risk • Nov 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Saudi stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.6% average weekly change). Profit margins are more than 30% lower than last year (4.0% net profit margin). New Risk • Oct 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Saudi stocks, typically moving 5.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.2% average weekly change). Profit margins are more than 30% lower than last year (4.0% net profit margin). Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to ر.س445, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 23x in the Hospitality industry in Asia. Total loss to shareholders of 54% over the past year. Price Target Changed • Sep 06
Price target decreased by 7.0% to ر.س777 Down from ر.س836, the current price target is an average from 8 analysts. New target price is 56% above last closing price of ر.س497. Stock is down 48% over the past year. The company is forecast to post earnings per share of ر.س14.68 for next year compared to ر.س5.73 last year. Buying Opportunity • May 14
Now 29% undervalued after recent price drop Over the last 90 days, the stock is down 20%. The fair value is estimated to be ر.س731, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 51% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 21% per annum. Earnings is also forecast to grow by 43% per annum over the same time period. Reported Earnings • Mar 26
Full year 2022 earnings released Full year 2022 results: Net income: (down ر.س117.1m from profit in FY 2021). Price Target Changed • Feb 08
Price target decreased by 12% to ر.س961 Down from ر.س1,094, the current price target is an average from 5 analysts. New target price is 46% above last closing price of ر.س660. Stock is down 46% over the past year. The company is forecast to post earnings per share of ر.س14.20 for next year compared to ر.س19.64 last year. Buying Opportunity • Jan 01
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 25%. The fair value is estimated to be ر.س862, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 83% over the last year. Earnings per share has declined by 88%. Revenue is forecast to grow by 94% in 2 years. Earnings is forecast to grow by 83% in the next 2 years. Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment improved over the past week After last week's 20% share price gain to ر.س660, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 20x in the Online Retail industry in Asia. Simply Wall St's valuation model estimates the intrinsic value at ر.س965 per share. Board Change • Nov 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Chief Commercial Officer & Non-Independent Executive Director Hamad Abdullah Al-Bakr is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Sep 07
First half 2022 earnings released First half 2022 results: EPS: ر.س96.32. Net income: ر.س991.0m (up ر.س991.0m from 1H 2021). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Online Retail industry in Asia. Announcement • Jul 05
Jahez International Company for Information System Technology (Jahez) Announces the Resignation and the Appointment of the Chairman of the Audit Committee Jahez International Company for Information System Technology (Jahez) announces that Mr. Abdulwahab bin Abdulkarim Al-Butairi, has submitted his resignation from his role as the Chairman of the Audit Committee on 03-07-2022 and the Board of Directors approved it (by circulation) on 03-07-2022. The company also announces the issuance of it board resolution (by circulation) on 03-07-2022 appointing the board member Mrs. Lulua Mohammed Bakr (Independent) as the Chairman of the Audit Committee effective from 03-07-2022 until the end of current committee session. Resignation Effective Date: 03 July 2022 Reasons for Resignation: As per the request of Impact Finance Private Equity Fund - Information Technology and E-Commerce Sector to change its representative on the Board of Directors at Jahez International Company for Information System Technology (Jahez). Brief Resume of the Appointed Member: Mrs. Lulua Mohammed Bakr, a member of the Board of Directors and a member of the Investment Committee in (Jahez), holds a Bachelors degree in Accounting from King Saud University in 1997, and a Masters degree in Business Administration majoring in Finance and Economics from Columbia University in the United States of America in 2004. Mrs. Lulua is also a member of director in several companies as well as other investment funds. Announcement • Jul 04
Jahez International Company for Information System Technology Announces the Change of Representative of Impact Finance Private Equity Fund - Information Technology and E-Commerce Sector in Its Board of Directors Jahez International Company for Information System Technology (Jahez) announces the approval of the board of directors by circulation on 03-07-2022 on the request of Impact Finance Private Equity Fund - Information Technology and E-Commerce Sector for changing its representative on the Board of Directors at Jahez International Company for Information System Technology (Jahez) to be Mr. Abdullah bin Saud Al-Romaih (Non-Executive) effective from 03-07-2022 instead of Mr. Abdulwahab bin Abdulkarim Al-Butairi (Non-Executive).Membership Start Date: Over 19 years of business experience in investment management, industrial and ecommerce. He is the founder and Chairman of the Board of Directors of Sanar Telemedicine Company, and Single View company. Brief Resume of the Appointed Member: He is also a member of the Board of Directors of the Saudi Authority for Industrial Cities, In addition to membership in the boards of several other companies, and he is also the CEO of Jazeera Paints. He founded Flyin.com and served as the Chairman of the Board of Directors from 2008 until 2018. Mr. Abdullah holds a Bachelor's degree in Business Administration. Announcement • May 21
Jahez International Company for Information Systems Technology (SASE:9526) signed a non-binding memorandum of understanding to acquire The Chefz SPV Ltd. Jahez International Company for Information Systems Technology (SASE:9526) signed a non-binding memorandum of understanding to acquire The Chefz SPV Ltd on May 19, 2022. As per the terms of the transaction the consideration for the Proposed Transaction will be based on the finding of the due diligence, and it will include cash and shares. The transaction is subject to Conducting financial, technical, tax, legal and commercial due diligence, valuation, final negotiations, signing the relevant agreements and applying for approvals from the relevant authorities. Announcement • May 12
Jahez International Company for Information Systems Technology Announces the Start of Pilot Operations in the Kingdom of Bahrain Jahez International Company for Information Systems Technology announced to its shareholders the start of the pilot operations in the Kingdom of Bahrain on 10th of May 2022. This expansion of the group's business outside the Kingdom of Saudi Arabia comes as part of its plans to expand its operational capabilities in a number of countries in the region within the Gulf Cooperation Council. Board Change • Apr 27
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Non-Independent Non-Executive Director Abdulwahab Abdulkarim Al-Butairi is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Apr 21
Jahez International Company for Information Systems Technology (SASE:9526) signed a non-binding offer to acquire Marn business information technology company from shareholders. Jahez International Company for Information Systems Technology (SASE:9526) signed a non-binding offer to acquire Marn business information technology company from shareholders on April 19, 2022. Closing of transaction is subject to Conducting full due diligence and obtaining approvals from relevant authorities. Board Change • Jan 17
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Non-Independent Non-Executive Director Abdulwahab Abdulkarim Al-Butairi is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 