The National Agricultural Development Company: Business Overview, Financials & Competitive Analysis
The National Agricultural Development Company scores 7/10 on the AskCyborg Cyborg Score (Strong). Integrated Saudi agricultural producer with strong revenue growth, attractive valuation, and exposure to regional food security tailwinds. The company demonstrated strong financial performance with 2023 revenue of 3.20 billion SAR (up 18.66% YoY) and net earnings of 302.06 million SAR (up 216.33%). Market capitalization stands at 5.31.
What is The National Agricultural Development Company's industry? The National Agricultural Development Company (nadec.com) operates in Agriculture & Food Manufacturing. AskCyborg classifies The National Agricultural Development Company under Agriculture & Food Manufacturing in its company registry.
NADEC is a Saudi Arabian agricultural company that engages in the production of agricultural and livestock products domestically and internationally, operating through two segments: Manufacturing of Dairy and Foods, a...
Cyborg Score thesis
Integrated Saudi agricultural producer with strong revenue growth, attractive valuation, and exposure to regional food security...
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Get Current Report FreeThe National Agricultural Development Company Overview
Pro stress-test →NADEC is a Saudi Arabian agricultural company that engages in the production of agricultural and livestock products domestically and internationally, operating through two segments: Manufacturing of Dairy and Foods, and Production of Agricultural Products. The company provides a diverse portfolio including dairy products (milk, yoghurt, cheese, butter), beverages, and premium meats.
Strategic Profile
Pro stress-test →Founded in 1978 and headquartered in Riyadh, NADEC represents a cornerstone player in Saudi Arabia's agricultural value chain with integrated operations spanning production, processing, and distribution. The company benefits from domestic demand growth in the Gulf region and strategic positioning in the food security narrative across the Middle East.
Competitive Landscape
Pro stress-test →NADEC operates in Saudi Arabia's fragmented agricultural sector competing with specialized regional producers like Tabuk Agricultural Development Co., Al-Jouf Agricultural Development Co., and Bishah Agricultural Development Co. The company differentiates through integrated operations spanning dairy manufacturing, food processing, and agricultural production. Broader competition includes international food companies entering the GCC market.
Industry Context
The National Agricultural Development Company operates in Agriculture & Food Manufacturing.
Key facts
Founded: 1978 · Headquarters: Riyadh, Saudi Arabia · Employees: 4,850 · Revenue: $850M · Market cap: $1.42B