Al Majdiah Residential 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.
Al Majdiah Residential Company, operating as Dar Al Majed Real Estate Company, develops residential villas and commercial buildings in Saudi Arabia. Its activities include land sales, off-plan sales, and the leasing of commercial properties. Founded in 2014 and based in Riyadh, the company changed its name from Nasser and Abdulsalam Abdulrahman AlMajed Real Estate Company in 2020.
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 4.12 compared to a market price of SAR 6.36 (Trading significantly above DCF model value). This is an analytical estimate, not investment advice.
Revenue grew by approximately 18% over the three years of available data, while net income grew considerably faster, at about 78%, rising from about SAR 147 million to about SAR 262 million. Operating cash flow followed a different pattern, falling from about SAR 419 million to a negative figure in the second year before recovering to a much smaller positive figure of about SAR 36 million in the third. Overall, revenue and net income both grew while operating cash flow was considerably more volatile.
Based on TASIV's Price-to-Book (P/B) model, the estimated intrinsic value of Al Majdiah Residential Co. is approximately SAR 4.12, compared to a current market price of SAR 6.36. This is an analytical estimate based on the company's financial data, not investment advice or a recommendation to buy or sell.
According to TASIV's model, Al Majdiah Residential Co. is currently "Trading significantly above DCF model value".
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