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Jarir Marketing Company (4190) Fair Value & Analysis

Consumer Cyclical · SA · Market cap 19.8B SAR

JM Jarir Marketing Company 4190 · SR
Price16.62 SAR
Fair Value11.75 SAR
Upside-29.3%
Quality78/100
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Healthy Growth
Thin margins · 9.2% net margin
Low debt · generates free cash flow
5.84% dividend yield
Ranks above peers (10/14)
Wide moat 73/100
Evidence: High Range 8.71 SAR – 18.54 SAR Share as image

Fair value as of: Aug 13, 2026

From 26 valuation models · updated yesterday

Share price −0.8% over the past month.

A strong business, but screening 29% overvalued on our models.

What matters now

  • A high-quality business (quality 78/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
  • A fairly wide model range (8.71 SAR to 18.54 SAR) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

18.10 SAR 7.88 SAR Fair Value 11.75 SAR Jan 2020 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 7.88 SAR – 18.10 SAR · fair‑value band 8.71 SAR – 18.54 SAR · the 16.62 SAR price screens above the 11.75 SAR fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Jarir Marketing Company (4190) currently trades at 16.62 SAR, while our model-based Fair Value estimate is 11.75 SAR, implying the stock looks roughly 29.3% overvalued today. The Quality Score stands at 78/100 (high quality), in the Consumer Cyclical 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, Jarir Marketing Company generated revenue of 11.7B SAR at a net margin of 9.2%. Revenue grew 14.4% year over year. It earns a return on equity of 64.1%. Net debt stands at 473M SAR. Fundamentals as of Aug 13, 2026

Our scenario range runs from 8.71 SAR (bear case) to 18.54 SAR (bull case); at 16.62 SAR, the current price sits within 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 10% below its 52-week high and 43% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -20% fair-value upside, at -29%, 4190 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
Growth DCF 13.92 SAR 22.41 SAR 35.92 SAR 80
Residual Income 5.23 SAR 6.25 SAR 33.09 SAR 76
Rev-Margin DCF 9.86 SAR 15.27 SAR 21.79 SAR 74
All 26 models by family
DCF Models
FCF DCF 13.80 SAR 22.47 SAR 36.33 SAR 38
Owner Earnings 11.48 SAR 18.68 SAR 30.16 SAR 31
5Y Revenue Exit 9.86 SAR 15.22 SAR 22.07 SAR 39
5Y EBITDA Exit 10.25 SAR 15.97 SAR 22.69 SAR 41
5Y P/E Exit 13.41 SAR 22.10 SAR 31.46 SAR 38
10Y Revenue Exit 10.88 SAR 16.21 SAR 23.51 SAR 36
10Y EBITDA Exit 11.38 SAR 16.75 SAR 24.00 SAR 37
10Y P/E Exit 13.42 SAR 21.08 SAR 30.91 SAR 35
Earnings-Based
Graham-Dodd 5.95 SAR 21.59 SAR 29.13 SAR 54
Lynch FV 5.13 SAR 7.33 SAR 9.52 SAR 50
PEG = 1.0 5.13 SAR 7.33 SAR 9.52 SAR 46
EPV 7.66 SAR 8.89 SAR 9.98 SAR 59
Dividend Discount
Gordon GGM 7.90 SAR 16.42 SAR 26.05 SAR 70
DDM Multi-Stage 7.90 SAR 13.84 SAR 17.23 SAR 61
Multiples
P/E Multiple 14.43 SAR 19.24 SAR 24.04 SAR 63
P/S Multiple 8.52 SAR 11.37 SAR 14.21 SAR 58
P/B Multiple 4.41 SAR 5.87 SAR 7.34 SAR 55
EV/EBIT 11.93 SAR 15.83 SAR 19.73 SAR 53
EV/EBITDA 9.33 SAR 12.37 SAR 15.40 SAR 54
EV/Revenue 8.11 SAR 11.50 SAR 14.88 SAR 43
Asset-Based
NCAV (Graham) 0.7300 SAR 0.9800 SAR 1.47 SAR 50
Growth DCF
Growth DCF 13.92 SAR 22.41 SAR 35.92 SAR 80
Rev-Margin DCF 9.86 SAR 15.27 SAR 21.79 SAR 74
Economic Profit
Residual Income 5.23 SAR 6.25 SAR 33.09 SAR 76
ROIC Compounder 8.06 SAR 9.86 SAR 11.80 SAR 72
Growth Earnings
Growth-Adj P/E 9.98 SAR 14.26 SAR 18.54 SAR 68

Widest divergence: DCF Models (16.75 SAR) versus Asset-Based (0.9800 SAR). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 11.7B SAR
Revenue growth (YoY) +14.4%
Net margin 9.2%
Return on equity 64.1%
Free cash flow 1.4B SAR FY2025
P/E ratio 18.5
More key figures
Operating margin 8.8%
EPS (TTM) 0.9000 SAR
Dividend yield 5.8%
EPS growth (YoY) +16.7%
Net debt 473M SAR FY2025

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

Quality Score breakdown

Overall quality 78/100

Of which business quality 75 · Market factors (momentum, volatility) 83

Profitability 80
Margins and returns on capital today
Quality Growth 51
Are margins and returns improving?
Cashflow 67
Earnings quality: real cash, not paper profit
Fin. Strength 75
Balance sheet, leverage, solvency risk
Investment 98
Disciplined investing over empire-building
Low Volatility 94
Calm price path (market factor)
Momentum 78
Price trend over the last 3–12 months (market factor)
52W Momentum 80
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

Jarir Marketing Company, together with its subsidiaries, engages in the retail and wholesale trading of office and school supplies in the Kingdom of Saudi Arabia, Egypt, and other Gulf countries. It operates through in three segments: Retail Outlets, Wholesale, and E-commerce.

Full company description

Jarir Marketing Company, together with its subsidiaries, engages in the retail and wholesale trading of office and school supplies in the Kingdom of Saudi Arabia, Egypt, and other Gulf countries. It operates through in three segments: Retail Outlets, Wholesale, and E-commerce. The company is involved in the sale of office supplies, school supplies, books, computers and peripherals, computer supplies, smartphones and accessories, electronics, art and craft supplies, video games, smart TV's, and kids' development products, as well as provision of after-sale services Jarir bookstore brand. It also purchases residential and commercial buildings; and acquires land and constructs buildings for sale or lease purposes. The company also sell its products online through website. The company was founded in 1974 and is headquartered 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

Jarir Marketing Company reported revenue of 11.4B SAR in FY2025 versus 9.1B SAR in FY2021, a compound +5.7%/yr. Reported net income was 1.0B SAR in FY2025, compounding +1.4%/yr from FY2021.

Growth Quality 72/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
11.4B SAR
Latest YoY
+4.9%
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.
+6.6%
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.
+4.1%
Avg. growth/yr (19Y) 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.
+11.2%
Revenue +5.7%/yr
FY21 9.1B SAR
FY22 9.4B SAR
FY23 10.6B SAR
FY24 10.8B SAR
FY25 11.4B SAR
Net income +1.4%/yr
FY21 992M SAR
FY22 970M SAR
FY23 973M SAR
FY24 974M SAR
FY25 1.0B SAR
Character of growth · EPS growth decomposed (2014-2025) +2.9 % p.a.
Revenue per share +6.8 pp

of which total revenue +6.8 pp · buybacks/dilution +0.0 pp

EBIT margin −2.8 pp
Tax rate −0.1 pp
Residual (interest, one-offs) −1.0 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).

4190 screens 29% overvalued. Compare with Alimentation Couche-Tard Inc →

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Cite: Fair Value Calculator (2026). "Jarir Marketing Company Fair Value". https://www.fairvalue-calculator.com/stock/4190

Peer Group

Specialty Retail · 223 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 78 · Top 25%
Fair Value upside −29% · Below median
Return on equity (TTM) 64% · Top 25%
Return on assets 16% · Top 25%
Net margin (TTM) 9% · Top 25%
Operating margin (TTM) 9% · Top 25%
Revenue growth 14% · Top 25%
Dividend yield (TTM) 5.8% · Top 25%

Valuation Multiples vs Specialty Retail median · lower = cheaper

P/E (TTM) 18.5× · Pricier than median
P/B 3.00× · Pricier than 75% of peers
P/S (TTM) 0.45× · Cheaper than median
P/FCF 3.8× · Pricier than median
EV/EBITDA 4.1× · Cheaper than 75% of peers

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 32
FUTURE 72 · sector 23
PAST 100 · sector 27
HEALTH 100 · sector 94
DIVIDEND 100 · sector 51

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 Specialty Retail stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Alimentation Couche-Tard Inc ATD C$93.19 C$75.00 -20%
Casey's General Stores, Inc CASY $839.03 $398.90 -52%
Williams-Sonoma, Inc WSM $245.15 $162.63 -34%
Ulta Beauty, Inc ULTA $531.89 $475.40 -11%
DICK'S Sporting Goods, Inc DKS $202.66 $181.10 -11%
Best Buy Co BBY $83.00 $108.04 +30%
China Tourism Group 601888 ¥54.97 ¥40.40 -27%
Tractor Supply Company TSCO $36.43 $35.52 -2%
Murphy USA Inc MUSA $544.22 $423.35 -22%
Taiwan Mobile Co 3045 109.50 TWD 80.98 TWD -26%

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Frequently asked questions

Is Jarir Marketing Company (4190) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 11.75 SAR versus a price of 16.62 SAR, about −29% (overvalued).
What is the fair value of 4190?
Our model-based fair value for Jarir Marketing Company is 11.75 SAR (as of Aug 13, 2026), built from audited fundamentals. The current price is 16.62 SAR.
What is the quality score of 4190?
Jarir Marketing Company has a Quality Score of 78/100. 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 Jarir Marketing Company (4190)?
Jarir Marketing Company reported trailing-twelve-month revenue of about 11.7B SAR (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 4190?
The net profit margin of Jarir Marketing Company is about 9.2%, meaning it keeps roughly 9.2% of revenue as net income. Based on the latest reported figures.
Does Jarir Marketing Company pay a dividend?
Jarir Marketing Company currently shows a dividend yield of about 5.84% 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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