Alkhorayef Water and Power Technologies Valuation
Is 2081 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
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 (SAR142) is trading below our estimate of fair value (SAR437.63)
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.
| What is 2081's PE Ratio? | |
|---|---|
| PE Ratio | 26.2x |
| Earnings | ر.س189.83m |
| Market Cap | ر.س4.97b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 2.9x |
| Enterprise Value/EBITDA | 17.9x |
| PEG Ratio | 1.2x |
Price to Earnings Ratio vs Peers
How does 2081's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 41.3x | ||
2084 Miahona | 82.3x | n/a | ر.س4.7b |
2080 National Gas and Industrialization | 34.1x | n/a | ر.س7.9b |
2083 Power and Water Utility Company for Jubail and Yanbu | 37.9x | n/a | ر.س13.9b |
000685 Zhongshan Public Utilities GroupLtd | 11x | n/a | CN¥12.7b |
2081 Alkhorayef Water and Power Technologies | 26.2x | 21.8% | ر.س5.0b |
Price-To-Earnings vs Peers: 2081 is good value based on its Price-To-Earnings Ratio (26.2x) compared to the peer average (41.3x).
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 | |
|---|---|---|---|
Price-To-Earnings vs Industry: 2081 is expensive based on its Price-To-Earnings Ratio (26.2x) compared to the Asian Water Utilities industry average (14.8x).
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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 26.2x |
| Fair PE Ratio | 29.2x |
Price-To-Earnings vs Fair Ratio: 2081 is good value based on its Price-To-Earnings Ratio (26.2x) compared to the estimated Fair Price-To-Earnings Ratio (29.2x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | ر.س142.00 | ر.س147.50 +3.9% | 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 | n/a | 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 |
| Nov ’23 | ر.س94.71 | ر.س102.14 +7.8% | 14.7% | ر.س117.14 | ر.س87.14 | ر.س97.86 | 2 |
Analyst Forecast: Target price is less than 20% higher than the current share price.