Saudi Arabian Potentially Undervalued Companies

Eastern Province Cement

Market Cap: ر.س2.9b

Produces and sells clinker and cement in the Kingdom of Saudi Arabia and internationally.

Saudi Aramco Base Oil Company - Luberef

Market Cap: ر.س17.3b

Produces and sells base oils and various by-products in the Kingdom of Saudi Arabia, the United Arab Emirates, India, Egypt, Singapore, the United States, and internationally.

Saudi Kayan Petrochemical

Market Cap: ر.س8.9b

Manufactures and sells chemicals, polymers, and specialty products.

Modern Mills

Market Cap: ر.س3.2b

Manufactures and sells flour and animal feed in the Kingdom of Saudi Arabia.

Middle East Healthcare

Market Cap: ر.س6.4b

A healthcare provider, owns and operates a network of hospitals under the Saudi German Hospital name in the Middle East and North Africa.

United Electronics

Market Cap: ر.س7.2b

Engages in the wholesale and retail trade of electric appliances, electronic gadgets, computers and their spare parts and accessories, furniture, and office equipment and tools in the Kingdom of Saudi Arabia and internationally.

Power and Water Utility Company for Jubail and Yanbu

Market Cap: ر.س10.8b

Engages in the operation, maintenance, management, expansion, and construction of power and water systems to governmental, industrial, commercial, and residential customers.

Al Hammadi Holding

Market Cap: ر.س6.6b

A healthcare group, provides various medical services in the Kingdom of Saudi Arabia.

Sustained Infrastructure Holding

Market Cap: ر.س2.4b

Engages in the development and management of port and terminal operations primarily in the Kingdom of Saudi Arabia.

First Milling

Market Cap: ر.س3.4b

Produces and sells flour products in the Kingdom of Saudi Arabia.

National Agricultural Development

Market Cap: ر.س7.4b

Engages in production of agricultural and livestock products in the Kingdom of Saudi Arabia and internationally.

Arabica Star

Market Cap: ر.س100.9m

Arabica Star Company establishes and operates coffee shops under the Arabica Star brand in the Kingdom of Saudi Arabia.

National Medical Care

Market Cap: ر.س7.2b

National Medical Care Company establishes, own, equips, manages, maintains, and operates healthcare facilities in the Kingdom of Saudi Arabia.

Saudi Electricity

Market Cap: ر.س65.8b

Generates, transmits, and distributes electricity in the Kingdom of Saudi Arabia.

Americana Restaurants International

Market Cap: ر.س18.0b

Operates a chain of restaurant in the United Arab Emirates, Saudi Arabia, Kuwait, Egypt, Qatar, Kazakhstan, Bahrain, Jordan, Oman, Lebanon, Morocco, North Africa, and Iraq.

Fourth Milling

Market Cap: ر.س2.2b

Engages in the production, packaging, and sale of flour and its byproducts, animal feed, and bran products the Kingdom of Saudi Arabia.

Arabian Cement

Market Cap: ر.س2.6b

Engages in the production, trading, and selling of cement primarily in Saudi Arabia and Jordan.

Riyal Investment and Development

Market Cap: ر.س223.6m

Operates as a car rental company primarily in the Kingdom of Saudi Arabia.

Leejam Sports

Market Cap: ر.س8.2b

Operates sports and fitness centers in the Kingdom of Saudi Arabia and the United Arab Emirates.

Salama Cooperative Insurance

Market Cap: ر.س308.8m

Provides insurance products and services in the Kingdom of Saudi Arabia, the United Arab Emirates, Bahrain, Alegria, Senegal, Malaysia, and Egypt.

Pan Gulf Marketing

Market Cap: ر.س183.8m

Operates as a stationery and office supply distribution company in the Middle East, Africa, CIS, and internationally.

Saudi Paper Manufacturing

Market Cap: ر.س2.0b

Engages in the manufacture and sale of tissue papers in the Kingdom of Saudi Arabia, Gulf Cooperation Council countries, and internationally.

Alshehili Company for metal industries

Market Cap: ر.س191.3m

Designs, manufactures, and sells logistics freight vehicles and defense products in the Kingdom of Saudi Arabia.

Taleem REIT Fund

Market Cap: ر.س495.7m

A Shariah compliant real estate investment trust externally managed by Saudi Fransi Capital LLC.

Multi Business Group for projects

Market Cap: ر.س299.7m

Provides design and construction contracting services for architectural finishes, interior decoration, and electrical and mechanical engineering of buildings in the Kingdom of Saudi Arabia.

Alujain

Market Cap: ر.س2.4b

Produces and sells propylene and polypropylene products in the Kingdom of Saudi Arabia and internationally.

Al-Fakhera Men's Tailoring

Market Cap: ر.س212.4m

Engages in the manufacture and sale of tailoring clothes for men and children.

Bonyan REIT Fund

Market Cap: ر.س1.5b

A real estate investment fund.

Etihad Etisalat

Market Cap: ر.س45.9b

Through its subsidiaries, establishes and operates mobile wireless telecommunication and fiber optic networks in the Kingdom of Saudi Arabia.

SABIC Agri-Nutrients

Market Cap: ر.س50.6b

Engages in the production, conversion, manufacturing, marketing, and trade of agri-nutrients and chemical products in Singapore, the United States, India, the Kingdom of Saudi Arabia, the United Arab Emirates, Bangladesh, Pakistan, and internationally.

Arabian Mills for Food Products

Market Cap: ر.س2.4b

Produces and sells wheat and feed products in the Kingdom of Saudi Arabia.

Arabian Pipes

Market Cap: ر.س1.6b

Engages in the production and sale of steel tubes in the Kingdom of Saudi Arabia.

Saudi Networkers Services

Market Cap: ر.س480.0m

Engages in the implementing, establishing, maintaining, operating, installing, and managing of telecommunication networks in the Kingdom of Saudi Arabia.

Tabuk Cement

Market Cap: ر.س1.2b

Manufactures and sells cement in the Kingdom of Saudi Arabia.

Sahara International Petrochemical

Market Cap: ر.س15.0b

Owns, establishes, operates, and manages industrial projects related to chemical and petrochemical industries in the Kingdom of Saudi Arabia.

Electrical Industries

Market Cap: ر.س6.7b

Through its subsidiaries, engages in the manufacture, assembly, supply, and maintenance of various electrical equipment; and provision of technical services in the Kingdom of Saudi Arabia, other Gulf countries, Europe, and Asia.