Alkhorayef Water and Power Technologies Valuation

Q: What is the Fair Price of 2081 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

2081 (SAR147.6) is trading below our estimate of [[fair value]] (SAR461.29)

Is 2081 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

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 2081 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2081 (SAR147.6) is trading below our estimate of fair value (SAR461.29)

Significantly Below Fair Value: 2081 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2081?

Key metric: As 2081 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 2081. This is calculated by dividing 2081's market cap by their current earnings.
What is 2081's PE Ratio?
PE Ratio	27.1x
Earnings	ر.س189.83m
Market Cap	ر.س5.10b

2081 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	2.9x
Enterprise Value/EBITDA	17.1x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 2081's PE Ratio compare to its peers?

The above table shows the PE ratio for 2081 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	39x
2084 Miahona	76.2x	n/a	ر.س4.3b
2080 National Gas and Industrialization	32.9x	n/a	ر.س7.6b
2083 Power and Water Utility Company for Jubail and Yanbu	35.3x	n/a	ر.س12.9b
000685 Zhongshan Public Utilities GroupLtd	11.8x	n/a	CN¥13.7b
2081 Alkhorayef Water and Power Technologies	27.2x	n/a	ر.س5.2b

Price-To-Earnings vs Peers: 2081 is good value based on its Price-To-Earnings Ratio (27.2x) compared to the peer average (39x).

Price to Earnings Ratio vs Industry

How does 2081's PE Ratio compare vs other companies in the Asian Water Utilities Industry?

3 Companies	Price / Earnings	Estimated Growth	Market Cap

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 2081 is expensive based on its Price-To-Earnings Ratio (27.2x) compared to the Asian Water Utilities industry average (15.5x).

Price to Earnings Ratio vs Fair Ratio

What is 2081'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.

2081 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	27.1x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 2081's Price-To-Earnings Fair Ratio for valuation analysis.

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 2081 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.س146.80	ر.س147.50 +0.5%	12.5%	ر.س166.00	ر.س129.00	n/a	2
Dec ’25	ر.س142.80	ر.س147.50 +3.3%	12.5%	ر.س166.00	ر.س129.00	n/a	2
Nov ’25	ر.س160.60	ر.س147.50 -8.2%	12.5%	ر.س166.00	ر.س129.00	n/a	2
Oct ’25	ر.س161.00	ر.س147.50 -8.4%	12.5%	ر.س166.00	ر.س129.00	n/a	2
Sep ’25	ر.س183.00	ر.س147.50 -19.4%	12.5%	ر.س166.00	ر.س129.00	n/a	2
Aug ’25	ر.س181.20	ر.س147.29 -18.7%	12.7%	ر.س166.00	ر.س128.57	n/a	2
Jul ’25	ر.س183.40	ر.س147.29 -19.7%	12.7%	ر.س166.00	ر.س128.57	n/a	2
Jun ’25	ر.س161.00	ر.س126.43 -21.5%	1.7%	ر.س128.57	ر.س124.29	n/a	2
May ’25	ر.س162.86	ر.س117.50 -27.9%	5.8%	ر.س124.29	ر.س110.71	n/a	2
Apr ’25	ر.س157.00	ر.س117.50 -25.2%	5.8%	ر.س124.29	ر.س110.71	n/a	2
Mar ’25	ر.س173.29	ر.س117.50 -32.2%	5.8%	ر.س124.29	ر.س110.71	n/a	2
Feb ’25	ر.س154.00	ر.س117.50 -23.7%	5.8%	ر.س124.29	ر.س110.71	n/a	2
Jan ’25	ر.س142.57	ر.س117.50 -17.6%	5.8%	ر.س124.29	ر.س110.71	n/a	2
Dec ’24	ر.س112.00	ر.س117.50 +4.9%	5.8%	ر.س124.29	ر.س110.71	ر.س142.80	2
Nov ’24	ر.س97.86	ر.س116.07 +18.6%	4.6%	ر.س121.43	ر.س110.71	ر.س160.60	2
Oct ’24	ر.س100.29	ر.س116.07 +15.7%	4.6%	ر.س121.43	ر.س110.71	ر.س161.00	2
Sep ’24	ر.س109.29	ر.س116.67 +6.8%	3.8%	ر.س121.43	ر.س110.71	ر.س183.00	3
Aug ’24	ر.س114.29	ر.س109.76 -4.0%	12.8%	ر.س121.43	ر.س90.00	ر.س181.20	3
Jul ’24	n/a	ر.س109.76 0%	12.8%	ر.س121.43	ر.س90.00	ر.س183.40	3
Jun ’24	ر.س109.86	ر.س109.76 -0.09%	12.8%	ر.س121.43	ر.س90.00	ر.س161.00	3
May ’24	ر.س104.14	ر.س108.33 +4.0%	12.0%	ر.س117.86	ر.س90.00	ر.س162.86	3
Apr ’24	ر.س95.29	ر.س107.38 +12.7%	13.3%	ر.س117.86	ر.س87.14	ر.س157.00	3
Mar ’24	ر.س98.00	ر.س107.38 +9.6%	13.3%	ر.س117.86	ر.س87.14	ر.س173.29	3
Feb ’24	ر.س102.14	ر.س102.14 +0.0%	14.7%	ر.س117.14	ر.س87.14	ر.س154.00	2
Jan ’24	ر.س101.57	ر.س102.14 +0.6%	14.7%	ر.س117.14	ر.س87.14	ر.س142.57	2
Dec ’23	ر.س101.43	ر.س102.14 +0.7%	14.7%	ر.س117.14	ر.س87.14	ر.س112.00	2

Analyst Forecast: Target price is lower than the current share price.

Discover undervalued companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/25 13:28
End of Day Share Price	2024/12/25 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 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

Alkhorayef Water and Power Technologies Company is covered by 4 analysts. 0 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
Jassim Al-Jubran	Aljazira Capital Company
Danish Kazmi	Al Rajhi Capital
Ahmed Maher	EFG-Hermes Research