Tamkeen Human Resources Co. (1835) — Financial Analysis & Intrinsic Value · TASIV

Tamkeen Human Resources Co. intrinsic value and dividend analysis using DCF, P/B, PEG and PSG models. Includes dividend yield, payout ratio, and dividend sustainability assessment. Sector: Commercial & Professional Svc. Listed on Saudi Exchange Tadawul.

Company Overview

Tamkeen Human Resources Company provides labor recruitment and manpower services in Saudi Arabia, supporting public and private sector clients, domestic workers, and local contracting arrangements, including sponsorship transfer services. It also acts as an intermediary for human resources recruitment. Founded in 2018, the company is headquartered in Riyadh.

Valuation Model

TASIV estimates this company's intrinsic value using a discounted earnings model. As of TASIV's most recent data refresh, the estimated intrinsic value is SAR 77.18 compared to a market price of SAR 49.02 (Trading significantly below DCF model value). This is an analytical estimate, not investment advice.

Financial Performance

Revenue more than doubled over the three-year period, increasing by about 105%, while net income grew at roughly half that rate, by about 59%. Operating cash flow grew at a pace closer to revenue, by about 92% overall, though it declined in the middle year before rising sharply in the final year, unlike revenue's steadier growth. Overall, the company's historical financial performance shows growth across all three metrics, with net income expanding the most moderately.

Dividends

Dividend per share held steady at SAR 3.48 for 1 consecutive years before declining to SAR 2.58 in the most recent year, a decrease of about 26%. Payments have been made on a Semi-Annual basis throughout this period. Overall, the dividend held flat for most of the period before a recent decline. Current dividend yield is approximately 5.26%, with a payout ratio of approximately 71.89%.

Business Fundamentals

TASIV's Competitive Advantage assessment for this company is High (80/100), based on profitability, predictability, financial strength, and growth resilience.

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Frequently Asked Questions

What is the estimated intrinsic value of Tamkeen Human Resources Co. (1835) according to TASIV's model?

Based on TASIV's discounted earnings model, the estimated intrinsic value of Tamkeen Human Resources Co. is approximately SAR 77.18, compared to a current market price of SAR 49.02. This is an analytical estimate based on the company's financial data, not investment advice or a recommendation to buy or sell.

How does Tamkeen Human Resources Co.'s current market price compare to TASIV's model value?

According to TASIV's model, Tamkeen Human Resources Co. is currently "Trading significantly below DCF model value".

What is the dividend yield for Tamkeen Human Resources Co. (1835)?

Tamkeen Human Resources Co.'s dividend yield is approximately 5.26%, with a payout ratio of approximately 71.89%, based on TASIV's most recent verified data.

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