Masar International Co. (4325) — Financial Analysis & Intrinsic Value · TASIV

Masar International Co. intrinsic value and dividend analysis using DCF, P/B, PEG and PSG models. Includes dividend yield, payout ratio, and dividend sustainability assessment. Sector: Real Estate Mgmt & Development. Listed on Saudi Exchange Tadawul.

Company Overview

Masar International Company, formally known as Umm Al Qura for Development and Construction Company, owns and develops the MASAR urban project in Makkah. Its activities include land sales, off-plan sales, leasing of non-residential properties, and construction of buildings and infrastructure such as roads, bridges, and tunnels. The company was incorporated in 2012 and is headquartered in Mecca.

Valuation Model

TASIV estimates this company's intrinsic value using a Price-to-Book (P/B) model. As of TASIV's most recent data refresh, the estimated intrinsic value is SAR 12.16 compared to a market price of SAR 16.93 (Trading above DCF model value). This is an analytical estimate, not investment advice.

Financial Performance

Over the two years of available data, revenue grew by approximately 59%, while net income grew at a faster rate of about 97%, rising from about SAR 499 million to about SAR 983 million. Operating cash flow grew by a considerably larger margin still, increasing by approximately 413%, from about SAR 419 million to about SAR 2.15 billion. Overall, the company's historical financial performance shows growth across all three metrics, with operating cash flow increasing at a substantially faster rate than either revenue or net income.

Business Fundamentals

TASIV's Competitive Advantage assessment for this company is High (78/100), based on profitability, predictability, financial strength, and growth resilience.

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Frequently Asked Questions

What is the estimated intrinsic value of Masar International Co. (4325) according to TASIV's model?

Based on TASIV's Price-to-Book (P/B) model, the estimated intrinsic value of Masar International Co. is approximately SAR 12.16, compared to a current market price of SAR 16.93. This is an analytical estimate based on the company's financial data, not investment advice or a recommendation to buy or sell.

How does Masar International Co.'s current market price compare to TASIV's model value?

According to TASIV's model, Masar International Co. is currently "Trading above DCF model value".

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