Saudia Dairy & Foodstuff Valuation

Q: What is the Fair Price of 2270 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

2270 (SAR331) is trading below our estimate of [[fair value]] (SAR354.68)

Is 2270 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

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 2270 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow

Simply Wall St

ر.س354.68

Fair Value

6.7% undervalued

Number of Analysts

Below Fair Value: 2270 (SAR331) is trading below our estimate of fair value (SAR354.68)

Significantly Below Fair Value: 2270 is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2270?

Key metric: As 2270 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 2270. This is calculated by dividing 2270's market cap by their current earnings.
What is 2270's PE Ratio?
PE Ratio	20.6x
Earnings	ر.س514.91m
Market Cap	ر.س10.59b

2270 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	3.3x
Enterprise Value/EBITDA	15.9x
PEG Ratio	2.1x

Price to Earnings Ratio vs Peers

How does 2270's PE Ratio compare to its peers?

The above table shows the PE ratio for 2270 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	14x
2050 Savola Group	13.1x	-43.1%	ر.س11.7b
2284 Modern Mills	16.8x	7.9%	ر.س3.5b
2283 First Milling	14.1x	11.8%	ر.س3.4b
2285 Arabian Mills for Food Products	12x	5.9%	ر.س2.6b
2270 Saudia Dairy & Foodstuff	20.6x	9.6%	ر.س10.6b

Price-To-Earnings vs Peers: 2270 is expensive based on its Price-To-Earnings Ratio (20.6x) compared to the peer average (14x).

Price to Earnings Ratio vs Industry

How does 2270's PE Ratio compare vs other companies in the Asian Food Industry?

28 Companies	Price / Earnings	Estimated Growth	Market Cap

28 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 2270 is expensive based on its Price-To-Earnings Ratio (20.6x) compared to the Asian Food industry average (16.7x).

Price to Earnings Ratio vs Fair Ratio

What is 2270'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.

2270 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	20.6x
Fair PE Ratio	20.3x

Price-To-Earnings vs Fair Ratio: 2270 is expensive based on its Price-To-Earnings Ratio (20.6x) compared to the estimated Fair Price-To-Earnings Ratio (20.3x).

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 2270 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.س331.00	ر.س385.25 +16.4%	1.8%	ر.س394.00	ر.س375.00	n/a	4
Feb ’26	ر.س330.40	ر.س385.25 +16.6%	1.8%	ر.س394.00	ر.س375.00	n/a	4
Jan ’26	ر.س333.60	ر.س387.75 +16.2%	2.2%	ر.س397.00	ر.س375.00	n/a	4
Dec ’25	ر.س337.40	ر.س387.75 +14.9%	2.2%	ر.س397.00	ر.س375.00	n/a	4
Nov ’25	ر.س359.00	ر.س392.75 +9.4%	1.2%	ر.س397.00	ر.س385.00	n/a	4
Oct ’25	ر.س375.00	ر.س392.75 +4.7%	1.2%	ر.س397.00	ر.س385.00	n/a	4
Sep ’25	ر.س355.00	ر.س389.20 +9.6%	2.1%	ر.س397.00	ر.س375.00	n/a	5
Aug ’25	ر.س352.00	ر.س389.20 +10.6%	2.1%	ر.س397.00	ر.س375.00	n/a	5
Jul ’25	ر.س347.20	ر.س389.20 +12.1%	2.1%	ر.س397.00	ر.س375.00	n/a	5
Jun ’25	ر.س337.00	ر.س389.60 +15.6%	2.2%	ر.س399.00	ر.س375.00	n/a	5
May ’25	ر.س359.00	ر.س386.67 +7.7%	2.6%	ر.س399.00	ر.س372.00	n/a	6
Apr ’25	ر.س379.80	ر.س386.67 +1.8%	2.6%	ر.س399.00	ر.س372.00	n/a	6
Mar ’25	ر.س380.40	ر.س386.67 +1.6%	2.6%	ر.س399.00	ر.س372.00	n/a	6
Feb ’25	ر.س363.00	ر.س379.17 +4.5%	6.2%	ر.س399.00	ر.س330.00	ر.س330.40	6
Jan ’25	ر.س334.40	ر.س378.50 +13.2%	6.1%	ر.س395.00	ر.س330.00	ر.س333.60	6
Dec ’24	ر.س319.00	ر.س378.57 +18.7%	6.1%	ر.س395.00	ر.س330.00	ر.س337.40	6
Nov ’24	ر.س300.20	ر.س375.57 +25.1%	5.9%	ر.س395.00	ر.س330.00	ر.س359.00	6
Oct ’24	ر.س322.40	ر.س377.90 +17.2%	5.9%	ر.س395.00	ر.س330.00	ر.س375.00	6
Sep ’24	ر.س320.00	ر.س377.90 +18.1%	5.9%	ر.س395.00	ر.س330.00	ر.س355.00	6
Aug ’24	ر.س344.00	ر.س364.28 +5.9%	7.4%	ر.س394.40	ر.س330.00	ر.س352.00	5
Jul ’24	n/a	ر.س299.00 0%	10.2%	ر.س334.00	ر.س263.00	ر.س347.20	4
Jun ’24	ر.س313.00	ر.س289.60 -7.5%	11.4%	ر.س334.00	ر.س252.00	ر.س337.00	5
May ’24	ر.س278.80	ر.س266.25 -4.5%	3.6%	ر.س275.00	ر.س252.00	ر.س359.00	4
Apr ’24	ر.س237.40	ر.س266.23 +12.1%	3.6%	ر.س275.00	ر.س252.00	ر.س379.80	4
Mar ’24	ر.س245.00	ر.س253.38 +3.4%	10.7%	ر.س275.00	ر.س202.00	ر.س380.40	5
Feb ’24	ر.س234.00	ر.س253.38 +8.3%	10.7%	ر.س275.00	ر.س202.00	ر.س363.00	5

Analyst Price Target

Consensus Narrative from 4 Analysts

ر.س385.25

Fair Value

14.1% undervalued

Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/07 23:01
End of Day Share Price	2025/02/06 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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.

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 Github.

Analyst Sources

Saudia Dairy & Foodstuff Company is covered by 9 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Muhammad Saad	Al Rajhi Capital
Mohamad Al-Sakhal	Arqaam Capital Research Offshore S.A.L.
Ingy EL Diwany	Beltone Financial