Prince Alwaleed bin Talal, Chairman of Kingdom Holding Co. (KHC)
Prince Alwaleed bin Talal, Chairman of Kingdom Holding Co. (KHC), said the company’s shares are trading at a significant discount to their fair value. 
KHC’s net asset value (NAV) stands at SAR 21.05 per share, while the stock is trading below SAR 14, implying a 35.5% discount to NAV, Prince Alwaleed said on his X account today, May 31.
He said the discount does not only reflect a low valuation but an unfair stock pricing, adding that its real value stands at SAR 31.57 per share, around 50% above the company’s NAV.
According to Argaam data, KHC earlier disclosed that its combined stake with Prince Alwaleed’s private office in SpaceX amounts to 0.63%, valued between $8.32 billion and $10.55 billion based on the company’s expected valuation at the upcoming initial public offering.
KHC shares topped today’s gainers, jumping 10% to SAR 13.58. This brought the stock’s gains over the past three trading sessions to nearly 27% and marked its highest close since 2016.
Prince Alwaleed bin Talal, Chairman of Kingdom Holding Co. (KHC)
Prince Alwaleed bin Talal, Chairman of Kingdom Holding Co. (KHC), said the company’s shares are trading at a significant discount to their fair value.
KHC’s net asset value (NAV) stands at SAR 21.05 per share, while the stock is trading below SAR 14, implying a 35.5% discount to NAV, Prince Alwaleed said on his X account today, May 31.
He said the discount does not only reflect a low valuation but an unfair stock pricing, adding that its real value stands at SAR 31.57 per share, around 50% above the company’s NAV.
According to Argaam data, KHC earlier disclosed that its combined stake with Prince Alwaleed’s private office in SpaceX amounts to 0.63%, valued between $8.32 billion and $10.55 billion based on the company’s expected valuation at the upcoming initial public offering.
KHC shares topped today’s gainers, jumping 10% to SAR 13.58. This brought the stock’s gains over the past three trading sessions to nearly 27% and marked its highest close since 2016.
