National Company for Learning and Education Valuation

Q: What is the Fair Price of 4291 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

4291 (SAR214.2) is trading above our estimate of [[fair value]] (SAR16.66)

Is 4291 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation 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 4291 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 4291 (SAR214.2) is trading above our estimate of fair value (SAR16.66)

Significantly Below Fair Value: 4291 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 4291?

Key metric: As 4291 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 4291. This is calculated by dividing 4291's market cap by their current earnings.
What is 4291's PE Ratio?
PE Ratio	53.5x
Earnings	ر.س172.18m
Market Cap	ر.س9.21b

4291 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	15x
Enterprise Value/EBITDA	43.1x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 4291's PE Ratio compare to its peers?

The above table shows the PE ratio for 4291 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	39.2x
4292 Ataa Educational	48.5x	n/a	ر.س3.1b
4290 Al Khaleej Training and Education	49.2x	n/a	ر.س1.9b
9541 Academy of Learning	39.8x	n/a	ر.س882.9m
1830 Leejam Sports	19.2x	7.8%	ر.س9.3b
4291 National Company for Learning and Education	53.5x	n/a	ر.س9.2b

Price-To-Earnings vs Peers: 4291 is expensive based on its Price-To-Earnings Ratio (53.5x) compared to the peer average (39.2x).

Price to Earnings Ratio vs Industry

How does 4291's PE Ratio compare vs other companies in the Asian Consumer Services Industry?

9 Companies	Price / Earnings	Estimated Growth	Market Cap

9 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 4291 is expensive based on its Price-To-Earnings Ratio (53.5x) compared to the Asian Consumer Services industry average (16.3x).

Price to Earnings Ratio vs Fair Ratio

What is 4291'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.

4291 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	53.5x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 4291's Price-To-Earnings Fair Ratio for valuation analysis.

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 4291 forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	ر.س214.20	ر.س143.50 -33.0%	4.5%	ر.س150.00	ر.س137.00	n/a	2
Nov ’25	ر.س219.20	ر.س143.50 -34.5%	4.5%	ر.س150.00	ر.س137.00	n/a	2
Oct ’25	ر.س220.20	ر.س143.50 -34.8%	4.5%	ر.س150.00	ر.س137.00	n/a	2
Sep ’25	ر.س216.00	ر.س143.50 -33.6%	4.5%	ر.س150.00	ر.س137.00	n/a	2
Aug ’25	ر.س184.40	ر.س143.50 -22.2%	4.5%	ر.س150.00	ر.س137.00	n/a	2
Jul ’25	ر.س159.20	ر.س138.50 -13.0%	1.1%	ر.س140.00	ر.س137.00	n/a	2
Jun ’25	ر.س158.80	ر.س138.50 -12.8%	1.1%	ر.س140.00	ر.س137.00	n/a	2
May ’25	ر.س148.80	ر.س138.50 -6.9%	1.1%	ر.س140.00	ر.س137.00	n/a	2
Apr ’25	ر.س144.40	ر.س118.50 -17.9%	15.6%	ر.س137.00	ر.س100.00	n/a	2
Mar ’25	ر.س169.20	ر.س118.50 -30.0%	15.6%	ر.س137.00	ر.س100.00	n/a	2
Feb ’25	ر.س147.60	ر.س118.50 -19.7%	15.6%	ر.س137.00	ر.س100.00	n/a	2
Jan ’25	ر.س121.40	ر.س111.50 -8.2%	10.3%	ر.س123.00	ر.س100.00	n/a	2
Dec ’24	ر.س109.20	ر.س107.50 -1.6%	14.4%	ر.س123.00	ر.س92.00	n/a	2
Nov ’24	ر.س98.20	ر.س107.50 +9.5%	14.4%	ر.س123.00	ر.س92.00	ر.س219.20	2
Oct ’24	ر.س96.60	ر.س107.50 +11.3%	14.4%	ر.س123.00	ر.س92.00	ر.س220.20	2
Sep ’24	ر.س116.00	ر.س107.50 -7.3%	14.4%	ر.س123.00	ر.س92.00	ر.س216.00	2
Aug ’24	ر.س103.80	ر.س107.50 +3.6%	14.4%	ر.س123.00	ر.س92.00	ر.س184.40	2
Jul ’24	n/a	ر.س107.50 0%	14.4%	ر.س123.00	ر.س92.00	ر.س159.20	2
Jun ’24	ر.س113.00	ر.س104.50 -7.5%	17.7%	ر.س123.00	ر.س86.00	ر.س158.80	2
May ’24	ر.س116.80	ر.س85.00 -27.2%	1.2%	ر.س86.00	ر.س84.00	ر.س148.80	2
Apr ’24	ر.س100.00	ر.س83.00 -17.0%	1.2%	ر.س84.00	ر.س82.00	ر.س144.40	2
Mar ’24	ر.س90.20	ر.س83.00 -8.0%	1.2%	ر.س84.00	ر.س82.00	ر.س169.20	2
Feb ’24	ر.س83.00	ر.س83.00 0%	1.2%	ر.س84.00	ر.س82.00	ر.س147.60	2
Jan ’24	ر.س67.50	ر.س64.00 -5.2%	9.4%	ر.س70.00	ر.س58.00	ر.س121.40	2
Dec ’23	ر.س65.80	ر.س63.00 -4.3%	7.9%	ر.س68.00	ر.س58.00	ر.س109.20	2
Nov ’23	ر.س59.50	ر.س63.00 +5.9%	7.9%	ر.س68.00	ر.س58.00	ر.س98.20	2

Analyst Forecast: Target price is lower than the current share price.