Saudi Ground Services Company

SASE:4031 Stock Report

Market Cap: ر.س9.9b

Saudi Ground Services Valuation

Is 4031 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 4031 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
ر.س35.46
Fair Value
47.8% overvalued intrinsic discount
5
Number of Analysts

Below Fair Value: 4031 (SAR52.4) is trading above our estimate of fair value (SAR35.46)

Significantly Below Fair Value: 4031 is trading above our estimate of fair value.

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 Ratio33.6x
Earningsر.س292.90m
Market Capر.س9.85b

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 Average25.5x
4260 United International Transportation
24x16.3%ر.س6.7b
4263 SAL Saudi Logistics Services
31.4x9.6%ر.س22.0b
4261 Theeb Rent A Car
20.1x12.1%ر.س3.4b
4262 Lumi Rental
26.7x15.2%ر.س4.2b
4031 Saudi Ground Services
33.6x12.4%ر.س9.9b

Price-To-Earnings vs Peers: 4031 is expensive based on its Price-To-Earnings Ratio (33.6x) compared to the peer average (25.5x).

Price to Earnings Ratio vs Industry

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

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
4031 33.6xIndustry Avg. 13.7xNo. of Companies22PE01020304050+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 4031 is expensive based on its Price-To-Earnings Ratio (33.6x) compared to the Asian Infrastructure industry average (13.7x).

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 Ratio33.6x
Fair PE Ratio26.4x

Price-To-Earnings vs Fair Ratio: 4031 is expensive based on its Price-To-Earnings Ratio (33.6x) compared to the estimated Fair Price-To-Earnings Ratio (26.4x).

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.س52.40
ر.س54.73
+4.4%
15.7%ر.س65.00ر.س44.75n/a5
Jan ’26ر.س50.80
ر.س54.73
+7.7%
15.7%ر.س65.00ر.س44.75n/a5
Dec ’25ر.س50.00
ر.س55.13
+10.3%
16.5%ر.س67.00ر.س44.75n/a5
Nov ’25ر.س52.90
ر.س55.08
+4.1%
16.6%ر.س67.00ر.س44.50n/a5
Oct ’25ر.س51.40
ر.س55.08
+7.2%
16.6%ر.س67.00ر.س44.50n/a5
Sep ’25ر.س54.50
ر.س52.10
-4.4%
14.9%ر.س65.00ر.س44.50n/a4
Aug ’25ر.س51.70
ر.س52.98
+2.5%
16.8%ر.س65.00ر.س43.65n/a3
Jul ’25ر.س52.50
ر.س52.98
+0.9%
16.8%ر.س65.00ر.س43.65n/a3
Jun ’25ر.س51.30
ر.س48.05
-6.3%
25.9%ر.س65.00ر.س35.50n/a3
May ’25ر.س56.30
ر.س40.25
-28.5%
11.8%ر.س45.00ر.س35.50n/a2
Apr ’25ر.س49.30
ر.س39.53
-19.8%
10.1%ر.س45.00ر.س35.50n/a3
Mar ’25ر.س41.40
ر.س41.55
+0.4%
8.3%ر.س45.00ر.س38.10n/a2
Feb ’25ر.س41.20
ر.س41.55
+0.8%
8.3%ر.س45.00ر.س38.10n/a2
Jan ’25ر.س36.30
ر.س41.55
+14.5%
8.3%ر.س45.00ر.س38.10ر.س50.802
Dec ’24ر.س30.50
ر.س41.90
+37.4%
11.3%ر.س48.60ر.س38.10ر.س50.003
Nov ’24ر.س29.40
ر.س41.90
+42.5%
11.3%ر.س48.60ر.س38.10ر.س52.903
Oct ’24ر.س29.40
ر.س41.90
+42.5%
11.3%ر.س48.60ر.س38.10ر.س51.403
Sep ’24ر.س33.30
ر.س43.80
+31.5%
11.0%ر.س48.60ر.س39.00ر.س54.502
Aug ’24ر.س32.85
ر.س43.80
+33.3%
11.0%ر.س48.60ر.س39.00ر.س51.702
Jul ’24n/a
ر.س43.80
0%
11.0%ر.س48.60ر.س39.00ر.س52.502
Analyst Price Target
Consensus Narrative from 5 Analysts
ر.س54.73
Fair Value
4.3% undervalued intrinsic discount
5
Number of Analysts

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 Analysis2025/01/19 18:30
End of Day Share Price 2025/01/19 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

Saudi Ground Services Company is covered by 7 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jassim Al-JubranAljazira Capital Company
Aly AdelArqaam Capital Research Offshore S.A.L.
Jaap MeijerArqaam Capital Research Offshore S.A.L.