Al Rajhi Banking and Investment Valuation
Is 1120 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
0/6Valuation Score 0/6
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 1120 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 1120 (SAR77.5) is trading above our estimate of fair value (SAR23.89)
Significantly Below Fair Value: 1120 is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 1120?
Other financial metrics that can be useful for relative valuation.
| What is 1120's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | ر.س315.20b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | n/a |
| Enterprise Value/EBITDA | n/a |
| PEG Ratio | 1.7x |
Price to Earnings Ratio vs Peers
How does 1120's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 12.9x | ||
1180 Saudi National Bank | 11.4x | 1.9% | ر.س220.4b |
1010 Riyad Bank | 10.7x | 6.2% | ر.س83.6b |
1060 Saudi Awwal Bank | 11.8x | 6.8% | ر.س80.8b |
1150 Alinma Bank | 17.5x | 10.5% | ر.س82.3b |
1120 Al Rajhi Banking and Investment | 19.6x | 11.2% | ر.س315.2b |
Price-To-Earnings vs Peers: 1120 is expensive based on its Price-To-Earnings Ratio (19.6x) compared to the peer average (12.9x).
Price to Earnings Ratio vs Industry
How does 1120's PE Ratio compare vs other companies in the Asian Banks Industry?
Price-To-Earnings vs Industry: 1120 is expensive based on its Price-To-Earnings Ratio (19.6x) compared to the Asian Banks industry average (9.2x).
Price to Earnings Ratio vs Fair Ratio
What is 1120'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 19.6x |
| Fair PE Ratio | 15.7x |
Price-To-Earnings vs Fair Ratio: 1120 is expensive based on its Price-To-Earnings Ratio (19.6x) compared to the estimated Fair Price-To-Earnings Ratio (15.7x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | ر.س77.50 | ر.س87.75 +13.2% | 10.6% | ر.س103.00 | ر.س68.00 | n/a | 17 |
| Apr ’25 | ر.س81.50 | ر.س86.93 +6.7% | 10.6% | ر.س103.00 | ر.س68.00 | n/a | 15 |
| Mar ’25 | ر.س89.00 | ر.س85.07 -4.4% | 11.9% | ر.س103.00 | ر.س66.70 | n/a | 14 |
| Feb ’25 | ر.س86.00 | ر.س82.36 -4.2% | 10.6% | ر.س98.00 | ر.س65.70 | n/a | 14 |
| Jan ’25 | ر.س86.80 | ر.س78.08 -10.0% | 11.4% | ر.س92.00 | ر.س62.00 | n/a | 13 |
| Dec ’24 | ر.س76.40 | ر.س75.75 -0.9% | 10.0% | ر.س85.70 | ر.س62.00 | n/a | 12 |
| Nov ’24 | ر.س69.90 | ر.س73.23 +4.8% | 12.0% | ر.س85.70 | ر.س56.60 | n/a | 12 |
| Oct ’24 | ر.س67.70 | ر.س75.98 +12.2% | 12.5% | ر.س91.00 | ر.س59.20 | n/a | 12 |
| Sep ’24 | ر.س72.20 | ر.س77.23 +7.0% | 11.1% | ر.س91.00 | ر.س62.40 | n/a | 13 |
| Aug ’24 | ر.س73.90 | ر.س79.12 +7.1% | 11.8% | ر.س95.00 | ر.س62.40 | n/a | 13 |
| Jul ’24 | n/a | ر.س81.89 0% | 10.7% | ر.س95.00 | ر.س62.40 | n/a | 13 |
| Jun ’24 | ر.س72.30 | ر.س82.25 +13.8% | 10.1% | ر.س95.00 | ر.س65.00 | n/a | 13 |
| May ’24 | ر.س76.10 | ر.س83.47 +9.7% | 10.3% | ر.س100.00 | ر.س65.00 | n/a | 13 |
| Apr ’24 | ر.س73.50 | ر.س84.74 +15.3% | 10.7% | ر.س100.00 | ر.س65.00 | ر.س81.50 | 12 |
| Mar ’24 | ر.س72.10 | ر.س86.45 +19.9% | 10.1% | ر.س100.00 | ر.س67.00 | ر.س89.00 | 11 |
| Feb ’24 | ر.س81.10 | ر.س91.48 +12.8% | 12.5% | ر.س114.00 | ر.س67.00 | ر.س86.00 | 11 |
| Jan ’24 | ر.س75.50 | ر.س93.65 +24.0% | 12.8% | ر.س114.00 | ر.س67.00 | ر.س86.80 | 11 |
| Dec ’23 | ر.س80.10 | ر.س95.72 +19.5% | 11.3% | ر.س114.00 | ر.س71.10 | ر.س76.40 | 11 |
| Nov ’23 | ر.س85.00 | ر.س96.13 +13.1% | 13.0% | ر.س120.00 | ر.س71.10 | ر.س69.90 | 11 |
| Oct ’23 | ر.س81.30 | ر.س95.54 +17.5% | 13.5% | ر.س120.00 | ر.س71.10 | ر.س67.70 | 12 |
| Sep ’23 | ر.س88.90 | ر.س96.79 +8.9% | 11.9% | ر.س120.00 | ر.س71.10 | ر.س72.20 | 12 |
| Aug ’23 | ر.س89.30 | ر.س98.20 +10.0% | 12.2% | ر.س115.00 | ر.س71.10 | ر.س73.90 | 12 |
| Jul ’23 | ر.س82.50 | ر.س97.17 +17.8% | 14.0% | ر.س115.00 | ر.س71.10 | n/a | 12 |
| Jun ’23 | ر.س96.60 | ر.س97.71 +1.2% | 12.6% | ر.س115.00 | ر.س73.75 | ر.س72.30 | 11 |
| May ’23 | ر.س110.37 | ر.س94.53 -14.4% | 14.7% | ر.س119.56 | ر.س73.75 | ر.س76.10 | 13 |
| Apr ’23 | ر.س100.37 | ر.س93.11 -7.2% | 13.8% | ر.س116.00 | ر.س73.75 | ر.س73.50 | 14 |
Analyst Forecast: Target price is less than 20% higher than the current share price.