Saudi Arabian Undervalued over 20% based on DCF

Shatirah House Restaurant

Market Cap: ر.س411.0m

Operates a chain of fast-food restaurants under the Burgerizzr brand in Saudi Arabia.

Tam Development

Market Cap: ر.س289.1m

Operates as a management and digital solutions consultancy in Saudi Arabia.

Mufeed

Market Cap: ر.س269.3m

Engages in the event management business in the Kingdom of Saudi Arabia.

Al Kuzama Trading Co

Market Cap: ر.س238.9m

Manages and operates restaurants in Saudi Arabia.

Shalfa Facilities Management

Market Cap: ر.س231.0m

Provides operation and maintenance, facility management, security and firefighting, and environmental services to public and private organizations.

Natural Gas Distribution

Market Cap: ر.س157.0m

Distributes natural gas through pipelines in Saudi Arabia.

Taqat Mineral Trading

Market Cap: ر.س147.6m

Manufactures and sells iron and steel products in the Kingdom of Saudi Arabia.

Fad International

Market Cap: ر.س85.9m

Engages in the retail and wholesale of women dresses and related accessories under the Vivid Flair London and Femi9 brand names.

Foods Gate Trading

Market Cap: ر.س78.8m

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

Ghida Al-Sultan

Market Cap: ر.س70.2m

Engages in the fast food restaurant and franchise business in the Kingdom of Saudi Arabia.

Service Equipment

Market Cap: ر.س66.9m

Provides garage equipment for automotive businesses.

Molan Steel

Market Cap: ر.س34.8m

Produces and supplies steel products to the construction and steel fabrication industries in Saudi Arabia and internationally.