Saudi Ground Services Company

SASE:4031 Stock Report

Market Cap: ر.س6.1b

Saudi Ground Services Valuation

Is 4031 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of 4031 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: 4031 (SAR32.78) is trading below our estimate of future cash flow value (SAR159.12)

Significantly Below Future Cash Flow Value: 4031 is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 4031?

Key metric: As 4031 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 4031. This is calculated by dividing 4031's market cap by their current earnings.
What is 4031's PE Ratio?
PE Ratio15.2x
Earningsر.س404.71m
Market Capر.س6.13b

Price to Earnings Ratio vs Peers

How does 4031's PE Ratio compare to its peers?

The above table shows the PE ratio for 4031 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.3x
2190 Sustained Infrastructure Holding
26.2x15.28%ر.س2.5b
4263 SAL Saudi Logistics Services
19.1x1.73%ر.س13.3b
4260 United International Transportation
12.8x9.97%ر.س4.5b
4261 Theeb Rent A Car
10.9x11.07%ر.س2.0b
4031 Saudi Ground Services
15.2x9.21%ر.س6.1b

Price-To-Earnings vs Peers: 4031 is good value based on its Price-To-Earnings Ratio (15.2x) compared to the peer average (17.3x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does 4031's PE Ratio compare vs other companies in the Asian Infrastructure Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
4031 15.2xIndustry Avg. 13.2xNo. of Companies27PE0816243240+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 4031 is expensive based on its Price-To-Earnings Ratio (15.2x) compared to the Asian Infrastructure industry average (13.3x).

Price to Earnings Ratio vs Fair Ratio

What is 4031'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.

4031 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.2x
Fair PE Ratio15.2x

Price-To-Earnings vs Fair Ratio: 4031 is good value based on its Price-To-Earnings Ratio (15.2x) compared to the estimated Fair Price-To-Earnings Ratio (15.2x).

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 4031 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentر.س32.78
ر.س47.30
+44.30%
16.97%ر.س53.90ر.س36.00n/a3
Apr ’27ر.س32.74
ر.س50.80
+55.16%
6.18%ر.س53.90ر.س46.50n/a3
Mar ’27ر.س30.38
ر.س50.80
+67.22%
6.18%ر.س53.90ر.س46.50n/a3
Feb ’27ر.س36.12
ر.س50.80
+40.64%
6.18%ر.س53.90ر.س46.50n/a3
Jan ’27ر.س36.52
ر.س50.60
+38.55%
5.41%ر.س53.90ر.س46.50n/a4
Dec ’26ر.س39.74
ر.س52.97
+33.28%
1.47%ر.س53.90ر.س52.00n/a3
Nov ’26ر.س44.10
ر.س52.97
+20.11%
1.47%ر.س53.90ر.س52.00n/a3
Oct ’26ر.س46.54
ر.س52.97
+13.81%
1.47%ر.س53.90ر.س52.00n/a3
Sep ’26ر.س44.50
ر.س52.50
+17.98%
0.95%ر.س53.00ر.س52.00n/a2
Aug ’26ر.س48.70
ر.س53.33
+9.50%
2.48%ر.س54.65ر.س52.00n/a2
Jul ’26ر.س48.86
ر.س52.48
+7.40%
4.14%ر.س54.65ر.س50.30n/a2
Jun ’26ر.س46.45
ر.س56.65
+21.96%
10.88%ر.س65.00ر.س50.30n/a3
May ’26ر.س49.30
ر.س55.83
+13.25%
11.69%ر.س65.00ر.س50.30n/a3
Apr ’26ر.س51.60
ر.س56.22
+8.95%
12.91%ر.س65.00ر.س48.60ر.س32.745
Mar ’26ر.س51.80
ر.س54.73
+5.66%
15.67%ر.س65.00ر.س44.75ر.س30.385
Feb ’26ر.س53.80
ر.س54.73
+1.73%
15.67%ر.س65.00ر.س44.75ر.س36.125
Jan ’26ر.س50.80
ر.س54.73
+7.74%
15.67%ر.س65.00ر.س44.75ر.س36.525
Dec ’25ر.س50.00
ر.س55.13
+10.26%
16.47%ر.س67.00ر.س44.75ر.س39.745
Nov ’25ر.س52.90
ر.س55.08
+4.12%
16.59%ر.س67.00ر.س44.50ر.س44.105
Oct ’25ر.س51.40
ر.س55.08
+7.16%
16.59%ر.س67.00ر.س44.50ر.س46.545
Sep ’25ر.س54.50
ر.س52.10
-4.40%
14.86%ر.س65.00ر.س44.50ر.س44.504
Aug ’25ر.س51.70
ر.س52.98
+2.48%
16.84%ر.س65.00ر.س43.65ر.س48.703
Jul ’25ر.س52.50
ر.س52.98
+0.92%
16.84%ر.س65.00ر.س43.65ر.س48.863
Jun ’25ر.س51.30
ر.س48.05
-6.34%
25.89%ر.س65.00ر.س35.50ر.س46.453
May ’25ر.س56.30
ر.س40.25
-28.51%
11.80%ر.س45.00ر.س35.50ر.س49.302
Apr ’25ر.س49.30
ر.س39.53
-19.81%
10.14%ر.س45.00ر.س35.50ر.س51.603
ر.س47.3
Fair Value
30.7% undervalued intrinsic discount
3
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/20 10:19
End of Day Share Price 2026/04/20 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

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

Saudi Ground Services Company is covered by 9 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Renad AlshehriAljazira Capital Company
Jassim Al-JubranAljazira Capital Company
null nullAl Rajhi Capital