National Agricultural Development Co. (NADEC) (6010) — Financial Analysis & Intrinsic Value · TASIV

National Agricultural Development Co. (NADEC) intrinsic value and dividend analysis using DCF, P/B, PEG and PSG models. Includes dividend yield, payout ratio, and dividend sustainability assessment. Sector: Food & Beverages. Listed on Saudi Exchange Tadawul.

Company Overview

National Agricultural Development Company (NADEC) produces and distributes dairy, meat, and agricultural products across Saudi Arabia and internationally, operating through Dairy and Foods, Agriculture, and Protein segments. Its product range includes milk, cheese, yoghurt, and other dairy items, juices, and chilled and frozen red meat and vegetables. The company was incorporated in 1978 and is headquartered in Riyadh.

Valuation Model

TASIV estimates this company's intrinsic value using a DCF (Discounted Cash Flow) model. As of TASIV's most recent data refresh, the estimated intrinsic value is SAR 40.81 compared to a market price of SAR 14.80 (Trading significantly below DCF model value). This is an analytical estimate, not investment advice.

Financial Performance

Revenue grew by approximately 10% over the three years of available data, and operating cash flow grew at a broadly similar rate of about 15%. Net income followed a less steady path, more than doubling in the second year before declining in the third, and ending about 30% above its starting level overall - a larger swing than either revenue or operating cash flow. Overall, the company's historical financial performance shows steady growth in revenue and operating cash flow, while net income was considerably more variable across the three years.

Dividends

Over the 5 years on record, dividend per share moved both up and down, from SAR 0.75 to a recent SAR 0.5, with a low of SAR 0.5 and a high of SAR 1.25 along the way. Payments have been made on an Annual basis throughout this period. The company's dividend history shows no consistent year-over-year direction. Current dividend yield is approximately 3.38%, with a payout ratio of approximately 38.34%.

Business Fundamentals

TASIV's Competitive Advantage assessment for this company is High (70/100), based on profitability, predictability, financial strength, and growth resilience.

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Frequently Asked Questions

What is the estimated intrinsic value of National Agricultural Development Co. (NADEC) (6010) according to TASIV's model?

Based on TASIV's DCF (Discounted Cash Flow) model, the estimated intrinsic value of National Agricultural Development Co. (NADEC) is approximately SAR 40.81, compared to a current market price of SAR 14.80. This is an analytical estimate based on the company's financial data, not investment advice or a recommendation to buy or sell.

How does National Agricultural Development Co. (NADEC)'s current market price compare to TASIV's model value?

According to TASIV's model, National Agricultural Development Co. (NADEC) is currently "Trading significantly below DCF model value".

What is the dividend yield for National Agricultural Development Co. (NADEC) (6010)?

National Agricultural Development Co. (NADEC)'s dividend yield is approximately 3.38%, with a payout ratio of approximately 38.34%, based on TASIV's most recent verified data.

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