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Jabal Omar Development Company (4250) Fair Value & Analysis

Consumer Cyclical · SA · Market cap 18.8B SAR

JO Jabal Omar Development Company 4250 · SR
Price16.00 SAR
Fair Value11.64 SAR
Upside-27.3%
Quality38/100
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Mixed Growth
Moderate debt · negative free cash flow
Mixed vs. peers (5/10)
Narrow moat 35/100
Evidence: High Range 8.73 SAR – 14.56 SAR Share as image

Fair value as of: Aug 13, 2026

From 9 valuation models · updated yesterday

Share price +5.8% over the past month.

Below-average quality, and screening another 27% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (14.56 SAR). The favourable scenario is already priced in.
  • Weak quality (38/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (5 years)

35.75 SAR 14.04 SAR Fair Value 11.64 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 14.04 SAR – 35.75 SAR · fair‑value band 8.73 SAR – 14.56 SAR · the 16.00 SAR price screens above the 11.64 SAR fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Jabal Omar Development Company (4250) currently trades at 16.00 SAR, while our model-based Fair Value estimate is 11.64 SAR, implying the stock looks roughly 27.3% overvalued today. The Quality Score stands at 38/100 (below-average 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).

Trailing-twelve-month revenue stands at 557M SAR. Revenue grew 82.6% year over year. It earns a return on equity of 16.3%. Net debt stands at 8.7B SAR. Fundamentals as of Aug 13, 2026

Our scenario range runs from 8.73 SAR (bear case) to 14.56 SAR (bull case); at 16.00 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 19% below its 52-week high and 15% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -56% fair-value upside, at -27%, 4250 screens cheaper 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 13.57 SAR 19.08 SAR 77.72 SAR 76
Gordon GGM 0.4000 SAR 0.8200 SAR 1.31 SAR 70
DDM Multi-Stage 0.4000 SAR 0.6900 SAR 0.8600 SAR 61
All 9 models by family
Dividend Discount
Gordon GGM 0.4000 SAR 0.8200 SAR 1.31 SAR 70
DDM Multi-Stage 0.4000 SAR 0.6900 SAR 0.8600 SAR 61
Multiples
P/S Multiple 8.73 SAR 11.64 SAR 14.56 SAR 58
P/B Multiple 19.29 SAR 25.72 SAR 32.14 SAR 55
EV/EBIT 0.8400 SAR 3.23 SAR 5.61 SAR 53
EV/EBITDA 4.18 SAR 7.68 SAR 11.18 SAR 54
EV/Revenue 1.01 SAR 43
Asset-Based
NCAV (Graham) 6.43 SAR 8.61 SAR 12.86 SAR 50
Economic Profit
Residual Income 13.57 SAR 19.08 SAR 77.72 SAR 76

Widest divergence: Economic Profit (19.08 SAR) versus Dividend Discount (0.6900 SAR). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 557M SAR
Revenue growth (YoY) +82.6%
Net margin -215%
Return on equity 16.3%
Free cash flow −484M SAR FY2025
P/E ratio 12.0
More key figures
Operating margin -29.2%
EPS (TTM) 1.33 SAR
EPS growth (YoY) +265%
Net debt 8.7B SAR FY2025

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

Quality Score breakdown

Overall quality 38/100

Of which business quality 39 · Market factors (momentum, volatility) 46

Profitability 45
Margins and returns on capital today
Quality Growth 49
Are margins and returns improving?
Cashflow 5
Earnings quality: real cash, not paper profit
Fin. Strength 44
Balance sheet, leverage, solvency risk
Investment 60
Disciplined investing over empire-building
Low Volatility 86
Calm price path (market factor)
Momentum 31
Price trend over the last 3–12 months (market factor)
52W Momentum 26
Distance to the 52-week high (market factor)
Net Issuance 44
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

Jabal Omar Development Company operates as a real estate development company in the Kingdom of Saudi Arabia. It operates through Operating Hotels, Commercial Centers, and Properties for Development and Sale segments. The company operates and leases rooms, parking facilities, and commercial shopping malls.

Full company description

Jabal Omar Development Company operates as a real estate development company in the Kingdom of Saudi Arabia. It operates through Operating Hotels, Commercial Centers, and Properties for Development and Sale segments. The company operates and leases rooms, parking facilities, and commercial shopping malls. It also engages in construction and development of property and sale of completed dwellings; and selling food and beverages. In addition, the company operates hotels under the Jabal Omar Makkah Address, Jabal Omar Makkah Jumeirah, Jabal Omar Makkah Conrad, Jabal Omar Makkah Hyatt Regency, Suites Jabal Omar Makkah Hilton, Hotel & Convention Jabal Omar Makkah, Jabal Omar Makkah Marriott, Jabal Omar Makkah DoubleTree by Hilton, and Rotana Jabal Omar Makkah names. The company was founded in 2006 and is based in Mecca, the Kingdom of Saudi Arabia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Jabal Omar Development Company reported revenue of 2.1B SAR in FY2025 versus 310M SAR in FY2021, a compound +61.6%/yr. Reported net income was 2.4B SAR in FY2025, compounding +26.1%/yr from FY2021.

Growth Quality 49/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
2.1B SAR
Latest YoY
+11.2%
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.
+35.5%
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.
+64.3%
Avg. growth/yr (17Y) 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.
+21.5%
Revenue +61.6%/yr
FY21 310M SAR
FY22 850M SAR
FY23 1.3B SAR
FY24 1.9B SAR
FY25 2.1B SAR
Net income +26.1%/yr
FY21 946M SAR
FY22 −173M SAR
FY23 37.5M SAR
FY24 200M SAR
FY25 2.4B SAR
Character of growth · EPS growth decomposed (2014-2025) +7.4 % p.a.
Revenue per share +4.2 pp

of which total revenue +6.7 pp · buybacks/dilution −2.5 pp

EBIT margin −1.9 pp
Tax rate −0.3 pp
Residual (interest, one-offs) +5.3 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).

4250 screens 27% overvalued. Compare with Marriott International, Inc →

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Cite: Fair Value Calculator (2026). "Jabal Omar Development Company Fair Value". https://www.fairvalue-calculator.com/stock/4250

Peer Group

Lodging · 167 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 39 · Bottom 25%
Fair Value upside −27% · Above median
Return on equity (TTM) 16% · Top 25%
Return on assets 1% · Below median
Operating margin (TTM) -29% · Bottom 25%
Revenue growth 83% · Top 25%
Debt / equity 0.58× · Higher than median

Valuation Multiples vs Lodging median · lower = cheaper

P/E (TTM) 12.0× · Cheaper than 75% of peers
P/B 0.33× · Cheaper than 75% of peers
P/S (TTM) 8.98× · Pricier 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 0
FUTURE 100 · sector 19
PAST 65 · sector 11
HEALTH 71 · sector 91
DIVIDEND 0 · sector 23

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

Stock Price Fair Value vs Fair Value
Marriott International, Inc MAR $354.58 $132.35 -63%
Hilton Worldwide Holdings HLT $322.53 $122.02 -62%
InterContinental Hotels Group IHG $161.82 $85.18 -47%
Hyatt Hotels Corporation H $178.37 $46.78 -74%
H World Group HTHT $41.25 $47.78 +16%
The Indian Hotels Company INDHOTEL ₹724.00 ₹253.67 -65%
Hanjin Kal, 180640 118,200 KRW 36,890 KRW -69%
Makkah Construction and Development Company 4100 81.95 SAR 36.25 SAR -56%
Minor International Public Company MINT 22.90 THB 32.82 THB +43%
Shanghai Jin Jiang International Hotels Co 600754 ¥19.48 ¥22.37 +15%

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Frequently asked questions

Is Jabal Omar Development Company (4250) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 11.64 SAR versus a price of 16.00 SAR, about −27% (overvalued).
What is the fair value of 4250?
Our model-based fair value for Jabal Omar Development Company is 11.64 SAR (as of Aug 13, 2026), built from audited fundamentals. The current price is 16.00 SAR.
What is the quality score of 4250?
Jabal Omar Development Company has a Quality Score of 38/100. 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 Jabal Omar Development Company (4250)?
Jabal Omar Development Company reported trailing-twelve-month revenue of about 557M SAR (latest available figure, 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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