Dar Al Arkan Real Estate Development Company

SASE:4300 Stock Report

Market Cap: ر.س15.6b

Dar Al Arkan Real Estate Development Valuation

Is 4300 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 4300 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 4300 (SAR14.44) is trading above our estimate of fair value (SAR10.16)

Significantly Below Fair Value: 4300 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 4300?

Key metric: As 4300 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 4300. This is calculated by dividing 4300's market cap by their current earnings.
What is 4300's PE Ratio?
PE Ratio24.1x
Earningsر.س648.20m
Market Capر.س15.60b

Price to Earnings Ratio vs Peers

How does 4300's PE Ratio compare to its peers?

The above table shows the PE ratio for 4300 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average20x
4322 Retal Urban Development
35.3x27.1%ر.س8.2b
4323 Sumou Real Estate
21.3xn/aر.س2.3b
9591 View United Real Estate Development
16.1xn/aر.س300.3m
4321 Arabian Centres
7.5x-8.1%ر.س10.3b
4300 Dar Al Arkan Real Estate Development
24.1x13.9%ر.س15.6b

Price-To-Earnings vs Peers: 4300 is expensive based on its Price-To-Earnings Ratio (24.1x) compared to the peer average (20x).

Price to Earnings Ratio vs Industry

How does 4300's PE Ratio compare vs other companies in the Asian Real Estate Industry?

51 CompaniesPrice / EarningsEstimated GrowthMarket Cap
4300 24.1xIndustry Avg. 15.0xNo. of Companies134PE01224364860+
51 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 4300 is expensive based on its Price-To-Earnings Ratio (24.1x) compared to the Asian Real Estate industry average (15x).

Price to Earnings Ratio vs Fair Ratio

What is 4300'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.

4300 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio24.1x
Fair PE Ratio21.6x

Price-To-Earnings vs Fair Ratio: 4300 is expensive based on its Price-To-Earnings Ratio (24.1x) compared to the estimated Fair Price-To-Earnings Ratio (21.6x).

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 4300 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentر.س14.44
ر.س14.65
+1.5%
18.8%ر.س18.30ر.س11.00n/a4
Dec ’25ر.س16.00
ر.س14.65
-8.4%
18.8%ر.س18.30ر.س11.00n/a4
Nov ’25ر.س16.66
ر.س14.15
-15.1%
15.6%ر.س16.80ر.س11.00n/a4
Oct ’25ر.س15.46
ر.س14.15
-8.5%
15.6%ر.س16.80ر.س11.00n/a4
Sep ’25ر.س14.48
ر.س14.15
-2.3%
15.6%ر.س16.80ر.س11.00n/a4
Aug ’25ر.س13.48
ر.س14.15
+5.0%
15.6%ر.س16.80ر.س11.00n/a4
Jul ’25ر.س11.66
ر.س14.13
+21.1%
15.9%ر.س16.80ر.س10.90n/a4
Jun ’25ر.س11.94
ر.س14.43
+20.9%
17.6%ر.س16.80ر.س10.90n/a3
May ’25ر.س13.14
ر.س14.43
+9.8%
17.6%ر.س16.80ر.س10.90n/a3
Apr ’25ر.س14.10
ر.س14.43
+2.4%
17.6%ر.س16.80ر.س10.90n/a3
Mar ’25ر.س13.96
ر.س13.60
-2.6%
23.5%ر.س16.80ر.س10.40n/a2
Feb ’25ر.س12.86
ر.س13.60
+5.8%
23.5%ر.س16.80ر.س10.40n/a2

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

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 12:02
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

Dar Al Arkan Real Estate Development Company is covered by 19 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.

AnalystInstitution
Abdullah AlawiAljazira Capital Company
Mohamad HaidarArqaam Capital Research Offshore S.A.L.
Abdelrali El JattariBofA Global Research