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Dr. Sulaiman Al Habib Medical Services Group (4013) Fair Value & Analysis

Healthcare · SA · Market cap 81.9B SAR

DS Dr. Sulaiman Al Habib Medical Services Group 4013 · SR
Price235.00 SAR
Fair Value112.37 SAR
Upside-52.2%
Quality55/100
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Expensive Growth
Solidly profitable · 16.6% net margin
Moderate debt · generates free cash flow
2.05% dividend yield
Mixed vs. peers (7/14)
Wide moat 72/100
Evidence: High Range 49.04 SAR – 213.99 SAR Share as image

Fair value as of: Aug 13, 2026

From 22 valuation models · updated yesterday

Share price +10.8% over the past month.

A solid business, but screening 52% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (213.99 SAR). The favourable scenario is already priced in.
  • The model range is unusually wide (49.04 SAR to 213.99 SAR). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid but not exceptional quality (55/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

322.29 SAR 118.94 SAR Fair Value 112.37 SAR Apr 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 118.94 SAR – 322.29 SAR · fair‑value band 49.04 SAR – 213.99 SAR · the 235.00 SAR price screens above the 112.37 SAR fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Dr. Sulaiman Al Habib Medical Services Group (4013) currently trades at 235.00 SAR, while our model-based Fair Value estimate is 112.37 SAR, implying the stock looks roughly 52.2% overvalued today. The Quality Score stands at 55/100 (solid quality), in the Healthcare sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Dr. Sulaiman Al Habib Medical Services Group generated revenue of 14.6B SAR at a net margin of 16.6%. Revenue grew 18.4% year over year. It earns a return on equity of 30.1%. Net debt stands at 7.0B SAR. Fundamentals as of Aug 13, 2026

Our scenario range runs from 49.04 SAR (bear case) to 213.99 SAR (bull case); at 235.00 SAR, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 15% below its 52-week high and 12% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -14% fair-value upside, at -52%, 4013 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income 42.40 SAR 51.43 SAR 200.91 SAR 76
ROIC Compounder 58.10 SAR 92.09 SAR 136.50 SAR 72
Gordon GGM 43.61 SAR 90.68 SAR 143.86 SAR 70
All 22 models by family
DCF Models
5Y Revenue Exit 31.61 SAR 91.05 SAR 178.61 SAR 39
5Y EBITDA Exit 48.75 SAR 128.94 SAR 237.72 SAR 41
5Y P/E Exit 57.97 SAR 149.33 SAR 262.54 SAR 38
10Y Revenue Exit 14.45 SAR 66.75 SAR 160.33 SAR 36
10Y EBITDA Exit 28.72 SAR 95.67 SAR 213.36 SAR 37
10Y P/E Exit 35.02 SAR 111.24 SAR 235.63 SAR 35
Earnings-Based
Graham-Dodd 46.66 SAR 270.23 SAR 375.97 SAR 54
Lynch FV 76.32 SAR 109.03 SAR 141.73 SAR 50
PEG = 1.0 76.32 SAR 109.03 SAR 141.73 SAR 46
EPV 46.19 SAR 56.97 SAR 66.39 SAR 59
Dividend Discount
Gordon GGM 43.61 SAR 90.68 SAR 143.86 SAR 70
DDM Multi-Stage 43.61 SAR 76.47 SAR 95.17 SAR 61
Multiples
P/E Multiple 113.21 SAR 150.95 SAR 188.69 SAR 63
P/S Multiple 87.48 SAR 116.64 SAR 145.80 SAR 58
P/B Multiple 76.20 SAR 101.59 SAR 126.99 SAR 55
EV/EBIT 77.70 SAR 109.75 SAR 141.80 SAR 53
EV/EBITDA 80.89 SAR 113.99 SAR 147.10 SAR 54
EV/Revenue 50.18 SAR 79.59 SAR 109.00 SAR 43
Asset-Based
NCAV (Graham) 11.29 SAR 15.13 SAR 22.58 SAR 50
Economic Profit
Residual Income 42.40 SAR 51.43 SAR 200.91 SAR 76
ROIC Compounder 58.10 SAR 92.09 SAR 136.50 SAR 72
Growth Earnings
Growth-Adj P/E 115.23 SAR 164.61 SAR 213.99 SAR 68

Widest divergence: Growth Earnings (164.61 SAR) versus Asset-Based (15.13 SAR). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 14.6B SAR
Revenue growth (YoY) +18.4%
Net margin 16.6%
Return on equity 30.1%
Free cash flow 101M SAR FY2025
P/E ratio 35.0
More key figures
Operating margin 19.2%
EPS (TTM) 6.71 SAR
Dividend yield 2.1%
EPS growth (YoY) +12.1%
Net debt 7.0B SAR FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 55/100

Of which business quality 53 · Market factors (momentum, volatility) 49

Profitability 62
Margins and returns on capital today
Quality Growth 50
Are margins and returns improving?
Cashflow 38
Earnings quality: real cash, not paper profit
Fin. Strength 64
Balance sheet, leverage, solvency risk
Investment 16
Disciplined investing over empire-building
Low Volatility 92
Calm price path (market factor)
Momentum 30
Price trend over the last 3–12 months (market factor)
52W Momentum 31
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Dr. Sulaiman Al Habib Medical Services Group Company, together with its subsidiaries, provides private health and support services in the Kingdom of Saudi Arabia. It operates through three segments: Hospitals/Healthcare Facilities, Pharmacies, and Other Solutions Sector.

Full company description

Dr. Sulaiman Al Habib Medical Services Group Company, together with its subsidiaries, provides private health and support services in the Kingdom of Saudi Arabia. It operates through three segments: Hospitals/Healthcare Facilities, Pharmacies, and Other Solutions Sector. The company establishes, manages, and operates hospitals, general and specialized medical complexes, day surgery centers, and pharmaceutical facilities. It also provides home medical care; specialized medical laboratories; information technology and systems; facility maintenance; telemedicine; revenue cycle management; and medical equipment maintenance services, as well as engages in real estate activities. The company was founded in 1993 and is based in Riyadh, the Kingdom of Saudi Arabia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Dr. Sulaiman Al Habib Medical Services Group reported revenue of 13.7B SAR in FY2025 versus 7.3B SAR in FY2021, a compound +17.3%/yr. Reported net income was 2.4B SAR in FY2025, compounding +14.9%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
13.7B SAR
Latest YoY
+22.4%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+18.1%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+18.5%
Avg. growth/yr (10Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+10.3%
Revenue +17.3%/yr
FY21 7.3B SAR
FY22 8.3B SAR
FY23 9.5B SAR
FY24 11.2B SAR
FY25 13.7B SAR
Net income +14.9%/yr
FY21 1.4B SAR
FY22 1.7B SAR
FY23 2.0B SAR
FY24 2.3B SAR
FY25 2.4B SAR
Character of growth · EPS growth decomposed (2015-2025) +8.0 % p.a.
Revenue per share +10.3 pp

of which total revenue +10.3 pp · buybacks/dilution +0.0 pp

EBIT margin −1.2 pp
Tax rate +0.4 pp
Residual (interest, one-offs) −1.5 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

4013 screens 52% overvalued. Compare with HCA Healthcare, Inc →

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Cite: Fair Value Calculator (2026). "Dr. Sulaiman Al Habib Medical Services Group Fair Value". https://www.fairvalue-calculator.com/stock/4013

Peer Group

Medical Care Facilities · 265 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 55 · Above median
Fair Value upside −52% · Bottom 25%
Return on equity (TTM) 30% · Top 25%
Return on assets 7% · Top 25%
Net margin (TTM) 17% · Top 25%
Operating margin (TTM) 19% · Top 25%
Revenue growth 18% · Top 25%
Dividend yield (TTM) 2.1% · Above median
Debt / equity 1.11× · Higher than 75% of peers

Valuation Multiples vs Medical Care Facilities median · lower = cheaper

P/E (TTM) 35.0× · Pricier than 75% of peers
P/B 2.76× · Pricier than median
P/S (TTM) 1.49× · Pricier than median
P/FCF 215.4× · Pricier than 75% of peers
EV/EBITDA 8.3× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 26
FUTURE 92 · sector 24
PAST 100 · sector 30
HEALTH 45 · sector 90
DIVIDEND 41 · sector 38

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Medical Care Facilities stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
HCA Healthcare, Inc HCA $414.59 $547.67 +32%
Fresenius SE FRE €46.82 €32.15 -31%
IHH Healthcare Berhad, an investment holding company, Q0F 2.67 SGD 1.44 SGD -46%
Tenet Healthcare Corporation THC $266.79 $330.25 +24%
Rede D'Or São Luiz S.A RDOR3 R$33.97 R$47.31 +39%
Apollo Hospitals Enterprise Limited APOLLOHOSP ₹8,565 ₹2,955 -65%
Aier Eye Hospital Group 300015 ¥8.87 ¥7.67 -14%
Max Healthcare Institute Limited MAXHEALTH ₹1,008 ₹284.87 -72%
Bangkok Dusit Medical Services Public Company BDMS 19.70 THB 18.57 THB -6%
Fortis Healthcare Limited FORTIS ₹906.15 ₹300.29 -67%

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Frequently asked questions

Is Dr. Sulaiman Al Habib Medical Services Group (4013) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 112.37 SAR versus a price of 235.00 SAR, about −52% (overvalued).
What is the fair value of 4013?
Our model-based fair value for Dr. Sulaiman Al Habib Medical Services Group is 112.37 SAR (as of Aug 13, 2026), built from audited fundamentals. The current price is 235.00 SAR.
What is the quality score of 4013?
Dr. Sulaiman Al Habib Medical Services Group has a Quality Score of 55/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Dr. Sulaiman Al Habib Medical Services Group (4013)?
Dr. Sulaiman Al Habib Medical Services Group reported trailing-twelve-month revenue of about 14.6B SAR (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 4013?
The net profit margin of Dr. Sulaiman Al Habib Medical Services Group is about 16.6%, meaning it keeps roughly 16.6% of revenue as net income. Based on the latest reported figures.
Does Dr. Sulaiman Al Habib Medical Services Group pay a dividend?
Dr. Sulaiman Al Habib Medical Services Group currently shows a dividend yield of about 2.05% relative to its recent price (as of Aug 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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