ELM Co (SAU:7203) Research & Development: ﷼103 Mil (TTM As of Mar. 2026)


SAU:7203 ELM Co SAU:7203
94 GF Score
Price ﷼685.50
GF Value ﷼1,441.57
Valuation Significantly Undervalued
! 2 Warning Signs
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What is ELM Co Research & Development?

ELM Co SAU:7203 -0.15% 94 Research & Development is ﷼103 Mil as of Mar. 2026. GuruFocus rates SAU:7203 with a GF Score™ of 94/100 and a GF Value™ of ﷼1,441.57 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. ELM Co's Research & Development for the three months ended in Mar. 2026 was ﷼19 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ﷼103 Mil.

ELM Co  (SAU:7203) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

ELM Co Research & Development Related Terms

ELM Co Research & Development Historical Data

* Premium members only.

The historical data trend for ELM Co's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ELM Co Research & Development Chart

ELM Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 51.59 75.53 105.38

ELM Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.29 20.78 23.67 39.64 18.94
SAU:7203
94GF Score
ELM Co SAU:7203
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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ELM Co Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼103 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of ﷼103 Mil mean?
ELM Co (SAU:7203) has a Research & Development of ﷼103 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on ELM Co and its competitors.
Is ELM Co's Research & Development too high?
ELM Co's current Research & Development is ﷼103 Mil. Overall, ELM Co has a GF Score™ of 94/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ELM Co's Research & Development compare to IBM and ACN?
ELM Co's Research & Development of ﷼103 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Software company?
A good Research & Development depends on the Software industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on ELM Co and its competitors. ELM Co's current Research & Development is ﷼103 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ELM Co stock overvalued right now?
Based on GuruFocus' analysis, ELM Co (SAU:7203) is currently considered Significantly Undervalued. The stock's GF Value™ is ﷼1,441.57, compared to a current price of ﷼685.50 — trading 52.4% below its estimated fair value. The current Research & Development is ﷼103 Mil. ELM Co's overall GF Score™ is 94/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For ELM Co (SAU:7203), the current Research & Development is ﷼103 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ELM Co (SAU:7203) Overvalued in 2026?

Based on GuruFocus' analysis, ELM Co stock appears to be undervalued. The current stock price of ﷼685.50 is trading 52.4% below its estimated GF Value™ of ﷼1,441.57. GuruFocus considers ELM Co to be Significantly Undervalued.

Key valuation signals for SAU:7203:

  • Research & Development: ﷼103 Mil
  • GF Value™: ﷼1,441.57 vs. price of ﷼685.50 (52.4% below fair value)
  • GF Score™: 94/100 with 2 warning signs

No single metric tells the full story. See the SAU:7203 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

ELM Co Business Description

Address Al Thaghr, Digital City 6614, Unit No. 2, Al Nakheel District, Riyadh, SAU, 12382-4182
ELM Co mainly offers ready-made and customized digital solutions across different areas. Its ready-made solutions serve a broad segment of customers, who can subscribe to different packages of their choosing to meet their needs and satisfy business requirements. The services offered by the group include consulting, digital products, technical solutions, and business outsourcing, among others. The group's reportable segments are: Digital business, Business process outsourcing, and Professional services. Maximum revenue is generated from the Digital business, which includes ready-to-use solutions in the form of technical services, portals, electronic applications, and related support work, developed by the group to solve an existing problem or fill an existing service gap for its clients.
94GF Score

Get the complete analysis for SAU:7203

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

﷼685.50
Price
﷼1,441.57
GF Value