Saudi Arabian Potentially Undervalued Companies

Mulkia Gulf Real Estate REIT

Market Cap: ر.س486.7m

A Shariah compliant real estate investment trust externally managed by Mulkia Investment Company.

Balady Poultry

Market Cap: ر.س818.0m

Produces poultry products in the Kingdom of Saudi Arabia, other GCC countries, and internationally.

Al Rashid Industrial

Market Cap: ر.س365.1m

Manufactures and sells plastic and packaging products to the government and commercial sectors in Saudi Arabia.

City Cement

Market Cap: ر.س1.8b

Manufactures and sells cement in the Kingdom of Saudi Arabia.

Saudi National Bank

Market Cap: ر.س217.5b

Through its subsidiaries, provides banking and investment management services in the Kingdom of Saudi Arabia and internationally.

Riyad Bank

Market Cap: ر.س76.8b

Provides banking and investment services in the Kingdom of Saudi Arabia.

United Electronics

Market Cap: ر.س6.8b

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.

Lumi Rental

Market Cap: ر.س2.9b

Operates as a car rental and leasing company in Saudi Arabia.

Eastern Province Cement

Market Cap: ر.س2.0b

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

Arabian Cement

Market Cap: ر.س2.1b

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

Advanced Petrochemical

Market Cap: ر.س8.3b

Engages in the production and sale of propylene, polypropylene, isopropyl alcohol, polysilicon, and polysilicon downstream products in the Kingdom of Saudi Arabia and internationally.

Marketing Home Group Company for Trading

Market Cap: ر.س935.2m

Operates as a trading company in the Kingdom of Saudi Arabia, the United Arab Emirates, the People’s Republic of China, Kingdom of Spain, and Arab Republic of Egypt.

Seera Holding Group

Market Cap: ر.س7.6b

Provides travel and tourism services in the Kingdom of Saudi Arabia, the United Kingdom, Egypt, the United Arab Emirates, Spain, and Kuwait.

Service Equipment

Market Cap: ر.س93.6m

Provides garage equipment for automotive businesses.

Riyal Investment and Development

Market Cap: ر.س136.8m

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

Taleem REIT Fund

Market Cap: ر.س514.6m

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

Almarai

Market Cap: ر.س44.5b

Operates as an integrated consumer food and beverage company in Saudi Arabia, other Gulf Cooperation Council countries, and internationally.

Banque Saudi Fransi

Market Cap: ر.س40.6b

Provides banking and financial services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

Foods Gate Trading

Market Cap: ر.س90.8m

Operates restaurants under the Tokyo and Kimono brand names in Saudi Arabia.

Lamasat

Market Cap: ر.س413.1m

Operates a chain of beauty centers in the Kingdom of Saudi Arabia.

Adeer Real Estate

Market Cap: ر.س625.0m

Provides real estate marketing services individuals, companies and institutions.

Mobile Telecommunications Company Saudi Arabia

Market Cap: ر.س9.6b

Provides mobile telecommunication services in the Kingdom of Saudi Arabia.

Al Taiseer Group TALCO Industrial

Market Cap: ر.س1.5b

Engages in the designing, manufacturing, and marketing a range of aluminum products in Oman, Kuwait, Bahrain, Egypt, Iraq, the United Arab Emirates, Lebanon, and internationally.

Sinad Holding

Market Cap: ر.س1.2b

Engages in the manufacture, packaging, wholesale, and retail trade of food products in the Kingdom of Saudi Arabia, Egypt, other Arab countries, and internationally.

Saudi Investment Bank

Market Cap: ر.س16.2b

Provides commercial and retail banking services to individuals, small to medium-sized businesses, and corporate and institutional customers in the Kingdom of Saudi Arabia.

Dkhoun National Trading

Market Cap: ر.س130.0m

Produces and sells Arabic perfumes.

Saudi Pharmaceutical Industries and Medical Appliances

Market Cap: ر.س3.4b

Develops, manufactures, and markets medicinal and pharmaceutical products in the Kingdom of Saudi Arabia, the Middle East, Egypt, and Morocco.

Saudi Industrial Investment Group

Market Cap: ر.س9.6b

Operates as a petrochemical company in the Kingdom of Saudi Arabia.

Arabian Internet and Communication Services

Market Cap: ر.س27.1b

Offers information communication and technology and other services to healthcare, real estate, education, government, oil and gas, telecom, and banking sectors.

Al Jouf Cement

Market Cap: ر.س723.9m

Engages in production and sale of cement in the Kingdom of Saudi Arabia.

Dallah Healthcare

Market Cap: ر.س13.3b

Operates as a health care company in the Kingdom of Saudi Arabia.

INMAR

Market Cap: ر.س828.0m

Engages in establishing and owning real estate properties in the Kingdom of Saudi Arabia.

Mouwasat Medical Services

Market Cap: ر.س13.8b

Engages in the acquisition, management, operation, and maintenance of hospitals, medical centers, drug stores, and pharmacies in the Kingdom of Saudi Arabia.

Al Maather Reit Fund

Market Cap: ر.س554.2m

A real estate investment fund.

Thob Al Aseel

Market Cap: ر.س1.3b

Develops, imports, exports, wholesales, and retails fabrics and readymade clothes.

Saudi Kayan Petrochemical

Market Cap: ر.س7.7b

Manufactures and sells chemicals, polymers, and specialty products.