Almawarid Manpower Company — Cyborg Score 6/10

Solid
Human Resource and Employment Services / Commercial Services

Strategic Profile

The company operates three business segments: Corporate sector providing expatriate and Saudi manpower services to companies on approximately two-year contracts, Individual sector providing domestic labor services to individual clients, and Hourly sector providing cleaning services on an hourly/visit basis. This diversified service model provides revenue stability across multiple customer types and contract lengths.

Cyborg Score Rationale

Market capitalization of approximately 1.94 billion SAR reflects solid market presence. However, a 6.86% monthly decline despite 20.24% annual growth suggests mixed recent momentum. The diversified service segments provide operational stability but exposure to Saudi labor market cycles.

Top Insights

  • Three-segment business model (Corporate, Individual, Hourly) reduces revenue concentration risk and captures market across different customer types
  • Market capitalization of 1.94B SAR with recent stock price around 130.10 SAR positions it as a mid-cap player in Saudi human resource services
  • Monthly decline of 6.86% despite strong annual returns suggests potential market uncertainty or sector-specific headwinds
  • Trading below fair value estimates (max 172 SAR, min 165 SAR) per analyst consensus may indicate valuation opportunity

Named Competitors

  • Domestic and Expatriate Staffing Services — Regional competitors in domestic worker recruitment and temporary employment

Recent Developments

  • Stock trading at 130.10 SAR as of March 2026, down 6.86% from one month prior
  • All-time high of 157.6 SAR reached April 2025, indicating volatility in recent performance
  • Net income of 36.98M SAR in last quarter with 14.22% sequential growth

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