Abraj Energy Services SAOG

MSM:ABRJ Stock Report

Market Cap: ر.ع214.1m

Abraj Energy Services SAOG Valuation

Is ABRJ undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ABRJ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ABRJ (OMR0.28) is trading above our estimate of fair value (OMR0.15)

Significantly Below Fair Value: ABRJ is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ABRJ?

Key metric: As ABRJ is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ABRJ. This is calculated by dividing ABRJ's market cap by their current earnings.
What is ABRJ's PE Ratio?
PE Ratio10.4x
Earningsر.ع20.53m
Market Capر.ع214.12m

Price to Earnings Ratio vs Peers

How does ABRJ's PE Ratio compare to its peers?

The above table shows the PE ratio for ABRJ vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.3x
SOMS Shell Oman Marketing Company SAOG
25.1xn/aر.ع71.7m
MHAS Al Maha Petroleum Products Marketing Company SAOG
12.3x4.9%ر.ع71.6m
OQGN OQ Gas Networks SAOC
11.8x6.9%ر.ع576.0m
OOMS Oman Oil Marketing Company SAOG
12.1xn/aر.ع46.8m
ABRJ Abraj Energy Services SAOG
10.4x7.9%ر.ع214.1m

Price-To-Earnings vs Peers: ABRJ is good value based on its Price-To-Earnings Ratio (10.4x) compared to the peer average (15.3x).

Price to Earnings Ratio vs Industry

How does ABRJ's PE Ratio compare vs other companies in the Asian Energy Services Industry?

8 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ABRJ 10.4xIndustry Avg. 15.6xNo. of Companies16PE01020304050+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ABRJ is good value based on its Price-To-Earnings Ratio (10.4x) compared to the Asian Energy Services industry average (15.6x).

Price to Earnings Ratio vs Fair Ratio

What is ABRJ's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ABRJ PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.4x
Fair PE Ratio11x

Price-To-Earnings vs Fair Ratio: ABRJ is good value based on its Price-To-Earnings Ratio (10.4x) compared to the estimated Fair Price-To-Earnings Ratio (11x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ABRJ forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentر.ع0.28
ر.ع0.35
+27.1%
5.8%ر.ع0.38ر.ع0.33n/a3
Nov ’25ر.ع0.29
ر.ع0.35
+22.3%
5.8%ر.ع0.38ر.ع0.33n/a3
Oct ’25ر.ع0.29
ر.ع0.35
+19.8%
5.8%ر.ع0.38ر.ع0.33n/a3
Sep ’25ر.ع0.30
ر.ع0.35
+17.8%
5.8%ر.ع0.38ر.ع0.33n/a3
Aug ’25ر.ع0.29
ر.ع0.35
+20.6%
5.8%ر.ع0.38ر.ع0.33n/a3
Jul ’25ر.ع0.30
ر.ع0.35
+19.5%
7.0%ر.ع0.38ر.ع0.33n/a2
Jun ’25ر.ع0.30
ر.ع0.35
+19.9%
7.0%ر.ع0.38ر.ع0.33n/a2
May ’25ر.ع0.30
ر.ع0.35
+18.3%
7.0%ر.ع0.38ر.ع0.33n/a2
Apr ’25ر.ع0.30
ر.ع0.35
+16.8%
7.0%ر.ع0.38ر.ع0.33n/a2
Mar ’25ر.ع0.31
ر.ع0.35
+14.1%
7.0%ر.ع0.38ر.ع0.33n/a2
Feb ’25ر.ع0.31
ر.ع0.35
+13.4%
7.0%ر.ع0.38ر.ع0.33n/a2
Jan ’25ر.ع0.30
ر.ع0.34
+14.5%
2.9%ر.ع0.35ر.ع0.33n/a2
Dec ’24ر.ع0.30
ر.ع0.34
+11.5%
2.9%ر.ع0.35ر.ع0.33n/a2

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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