Almarai Co (SAU:2280) ROE %: 14.07% (As of Mar. 2026) — 11% Above Median


SAU:2280 Almarai Co SAU:2280
91 GF Score
Price ﷼44.80
GF Value ﷼62.36
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Almarai Co ROE %?

Almarai Co SAU:2280 -0.04% 91 ROE % is 14.07% as of Mar. 2026, which is 11% above its 10-year median of 12.67. GuruFocus rates SAU:2280 with a GF Score™ of 91/100 and a GF Value™ of ﷼62.36 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,914 Consumer Packaged Goods companies, Almarai Co ranks better than 69.59% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Almarai Co's annualized net income for the quarter that ended in Mar. 2026 was ﷼2,929 Mil. Almarai Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ﷼20,823 Mil. Therefore, Almarai Co's annualized ROE % for the quarter that ended in Mar. 2026 was 14.07%.

The historical rank and industry rank for Almarai Co's ROE % or its related term are showing as below:

SAU:2280' s ROE % Range Over the Past 10 Years
Min: 9.83   Med: 12.67   Max: 17.13
Current: 12.19

During the past 13 years, Almarai Co's highest ROE % was 17.13%. The lowest was 9.83%. And the median was 12.67%.

SAU:2280's ROE % is ranked better than
69.59% of 1914 companies
in the Consumer Packaged Goods industry
Industry Median: 6.72 vs SAU:2280: 12.19

Almarai Co  (SAU:2280) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2928.888/20822.659
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2928.888 / 24640.212)*(24640.212 / 41252.5785)*(41252.5785 / 20822.659)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.89 %*0.5973*1.9811
=ROA %*Equity Multiplier
=7.1 %*1.9811
=14.07 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2928.888/20822.659
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2928.888 / 3078.356) * (3078.356 / 3638.12) * (3638.12 / 24640.212) * (24640.212 / 41252.5785) * (41252.5785 / 20822.659)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9514 * 0.8461 * 14.76 % * 0.5973 * 1.9811
=14.07 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Almarai Co ROE % Related Terms


Almarai Co ROE % Historical Data

* Premium members only.

The historical data trend for Almarai Co's ROE % 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.

Almarai Co ROE % Chart

Almarai Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.83 10.73 11.89 12.64 12.49

Almarai Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 15.20 13.25 12.45 9.17 14.07

SAU:2280 vs KHC, GIS: ROE % Comparison

For the Packaged Foods subindustry, Almarai Co's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Almarai Co ROE % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Almarai Co's ROE % distribution charts can be found below:

* The bar in red indicates where Almarai Co's ROE % falls into.


SAU:2280
91GF Score
Almarai Co SAU:2280
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Almarai Co ROE % Calculation

Almarai Co's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=2456.093/( (18790.736+20527.48)/ 2 )
=2456.093/19659.108
=12.49 %

Almarai Co's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=2928.888/( (20527.48+21117.838)/ 2 )
=2928.888/20822.659
=14.07 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 14.07% mean?
Almarai Co (SAU:2280) has a ROE % of 14.07% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Almarai Co and its competitors. This is 11% above median its historical median of 12.67. Over the past decade, Almarai Co's ROE % has ranged from 9.83 to 17.13. According to the industry distribution chart, Almarai Co ranks #582 out of 1914 companies in the Consumer Packaged Goods industry, placing it in the top 30.4%.
Is Almarai Co's ROE % too high?
Almarai Co's current ROE % of 14.07% is 11% above median its 10-year median of 12.67. Over the past 10 years, this metric has ranged from a low of 9.83 to a high of 17.13. The Consumer Packaged Goods industry median ROE % is 6.72. Almarai Co's value of 14.07% is 109.4% above this industry median. Based on the distribution chart, Almarai Co ranks #582 out of 1914 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Almarai Co has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Almarai Co's ROE % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Almarai Co ranks #582 out of 1914 companies for ROE %. This puts Almarai Co in the upper half of its industry. The industry median ROE % is 6.72. Almarai Co's value of 14.07% is 109.4% above this benchmark. Historically, Almarai Co's own ROE % has ranged from 9.83 to 17.13 over the past decade. While the company's 10-year median is 12.67 vs. the industry median of 6.72, Almarai Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.72, based on 1,914 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Almarai Co's current ROE % of 14.07% is 109.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Almarai Co and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Almarai Co's current ROE % is 14.07%, which is 11% above median its own 10-year median of 12.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Almarai Co stock overvalued right now?
Based on GuruFocus' analysis, Almarai Co (SAU:2280) is currently considered Modestly Undervalued. The stock's GF Value™ is ﷼62.36, compared to a current price of ﷼44.80 — trading 28.2% below its estimated fair value. The current ROE % is 14.07%, which is 11% above median its 10-year median of 12.67 and 109.4% above the Consumer Packaged Goods industry median of 6.72. Almarai Co's overall GF Score™ is 91/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Almarai Co (SAU:2280), the current ROE % is 14.07% 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 Almarai Co (SAU:2280) Overvalued in 2026?

Based on GuruFocus' analysis, Almarai Co stock appears to be undervalued. The current stock price of ﷼44.80 is trading 28.2% below its estimated GF Value™ of ﷼62.36. GuruFocus considers Almarai Co to be Modestly Undervalued.

Key valuation signals for SAU:2280:

  • ROE %: 14.07% (11% above median its 10-year median of 12.67)
  • GF Value™: ﷼62.36 vs. price of ﷼44.80 (28.2% below fair value)
  • GF Score™: 91/100 with 5 warning signs
  • Industry Position: 109.4% above the Consumer Packaged Goods median (#582 of 1914)

No single metric tells the full story. See the SAU:2280 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Almarai Co Business Description

Address Exit 7, North Ring Road, Al Izdihar District, P.O. Box 8524, Riyadh, SAU, 11492
Almarai Co is a manufacturer and distributor of quality food and beverages. Its product portfolio includes dairy products, juices, bakery items, poultry, and infant formula under the brands Almarai, Joosy Life, Beyti, Teeba, L'usine, 7days, Alyoum, and AlBashayer. Its segments include Dairy and Juice, covering milk, dairy, fruit juice, ice cream processing, and distribution; Bakery, covering the manufacturing and distribution of bakery products; Poultry, covering poultry products; and Other Activities, including arable farming, horticulture, infant nutrition, seafood, value-added meat products, and water. The majority of the revenue is derived from the Dairy and Juice segment, with the maximum revenue generated from Saudi Arabia.
91GF Score

Get the complete analysis for SAU:2280

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

﷼44.80
Price
﷼62.36
GF Value