Savola Group Valuation

Is 2050 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 2050 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2050 (SAR36.95) is trading above our estimate of fair value (SAR11.88)

Significantly Below Fair Value: 2050 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2050?

Key metric: As 2050 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 2050. This is calculated by dividing 2050's market cap by their current earnings.
What is 2050's PE Ratio?
PE Ratio12.4x
Earningsر.س892.17m
Market Capر.س11.07b

Price to Earnings Ratio vs Peers

How does 2050's PE Ratio compare to its peers?

The above table shows the PE ratio for 2050 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.1x
2280 Almarai
25.7x13.9%ر.س58.0b
2270 Saudia Dairy & Foodstuff
20.9x8.5%ر.س10.7b
2283 First Milling
13.7x11.8%ر.س3.3b
2284 Modern Mills
16x7.9%ر.س3.3b
2050 Savola Group
12.4x23.2%ر.س11.1b

Price-To-Earnings vs Peers: 2050 is good value based on its Price-To-Earnings Ratio (12.4x) compared to the peer average (19.1x).


Price to Earnings Ratio vs Industry

How does 2050's PE Ratio compare vs other companies in the Asian Food Industry?

27 CompaniesPrice / EarningsEstimated GrowthMarket Cap
2050 12.4xIndustry Avg. 17.0xNo. of Companies112PE01224364860+
27 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 2050 is good value based on its Price-To-Earnings Ratio (12.4x) compared to the Asian Food industry average (17x).


Price to Earnings Ratio vs Fair Ratio

What is 2050'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.

2050 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.4x
Fair PE Ratio29.3x

Price-To-Earnings vs Fair Ratio: 2050 is good value based on its Price-To-Earnings Ratio (12.4x) compared to the estimated Fair Price-To-Earnings Ratio (29.3x).


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 2050 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentر.س36.95
ر.س119.13
+222.4%
14.9%ر.س139.83ر.س88.06n/a8
Dec ’25ر.س93.73
ر.س112.46
+20.0%
18.0%ر.س139.83ر.س77.10n/a7
Nov ’25ر.س97.51
ر.س123.72
+26.9%
27.3%ر.س196.52ر.س76.72n/a8
Oct ’25ر.س102.42
ر.س142.69
+39.3%
32.6%ر.س238.85ر.س105.82n/a8
Sep ’25ر.س100.34
ر.س173.56
+73.0%
30.6%ر.س256.99ر.س105.82n/a8
Aug ’25ر.س170.45
ر.س190.24
+11.6%
20.7%ر.س256.99ر.س126.23n/a8
Jul ’25ر.س175.93
ر.س184.35
+4.8%
22.0%ر.س256.99ر.س126.23n/a9
Jun ’25ر.س163.08
ر.س179.79
+10.2%
23.3%ر.س256.99ر.س126.23n/a9
May ’25ر.س188.59
ر.س179.37
-4.9%
19.7%ر.س238.85ر.س138.70n/a9
Apr ’25ر.س212.40
ر.س169.71
-20.1%
21.7%ر.س238.85ر.س138.70n/a9
Mar ’25ر.س200.30
ر.س169.71
-15.3%
21.7%ر.س238.85ر.س138.70n/a9
Feb ’25ر.س176.11
ر.س154.27
-12.4%
12.9%ر.س196.52ر.س128.50n/a8
Jan ’25ر.س143.99
ر.س147.18
+2.2%
6.5%ر.س158.73ر.س128.50n/a8
Dec ’24ر.س141.72
ر.س144.39
+1.9%
8.9%ر.س158.73ر.س122.45ر.س93.738
Nov ’24ر.س136.81
ر.س147.51
+7.8%
7.8%ر.س158.73ر.س122.45ر.س97.518
Oct ’24ر.س137.00
ر.س147.51
+7.7%
7.8%ر.س158.73ر.س122.45ر.س102.428
Sep ’24ر.س143.24
ر.س147.27
+2.8%
8.0%ر.س158.73ر.س122.45ر.س100.348
Aug ’24ر.س160.62
ر.س151.62
-5.6%
10.9%ر.س176.87ر.س122.45ر.س170.458
Jul ’24n/a
ر.س144.83
0%
13.6%ر.س170.07ر.س108.35ر.س175.938
Jun ’24ر.س140.59
ر.س142.94
+1.7%
13.3%ر.س170.07ر.س108.35ر.س163.088
May ’24ر.س117.54
ر.س122.19
+4.0%
9.2%ر.س143.61ر.س102.23ر.س188.598
Apr ’24ر.س105.63
ر.س121.29
+14.8%
9.3%ر.س143.61ر.س102.23ر.س212.408
Mar ’24ر.س103.36
ر.س122.38
+18.4%
9.5%ر.س143.61ر.س102.23ر.س200.308
Feb ’24ر.س113.76
ر.س122.38
+7.6%
9.5%ر.س143.61ر.س102.23ر.س176.118
Jan ’24ر.س106.01
ر.س121.91
+15.0%
9.8%ر.س143.61ر.س102.23ر.س143.998
Dec ’23ر.س106.76
ر.س121.91
+14.2%
9.8%ر.س143.61ر.س102.23ر.س141.728

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


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 20:34
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Savola Group Company is covered by 21 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rim Ben Salah GharbiAlphaMena
Kais KriaaAlphaMena
Muhammad SaadAl Rajhi Capital