$TRUMP
$XAU
#UKHighCourtRulesChineseLawGovernsBitcoinClaims TASI Stars: A stock up 38% with more upside ahead — discover a list of top Saudi stocks at a 55% discount

Profitable: Operating margins near 27% and return on assets around 29%. Net profit jumped to SAR 409 million in nine months, up from SAR 279 million a year earlier.
Undervalued: It trades at around 10 times earnings. Analysts’ target was about SAR 175, while the model’s fair value was close to SAR 179—implying potential upside of around 25% from its price of about SAR 140 at the time.
Gaining momentum: Up around 34% in six months. It won contracts worth more than SAR 545 million and plans to double its production capacity. Its dividend yield was around 4%, following a recent increase of about 300%.

What does InvestingPro say today?

The stock’s fair value is SAR 237.99, around 28% above its current price, with an “Undervalued” rating.

InvestingPro’s indicators in its latest report (July 29, 2026) show that the company:

Has more cash than debt on its balance sheet.
Has raised its dividends for 3 consecutive years.
Trades at a low price-to-earnings ratio relative to near-term earnings growth.
Was profitable over the past twelve months, and its stock delivered strong returns over the past five years.

East Pipes is just one of 20 stocks featured in the TASI Stars list. The names of the others and the reasons behind their selection are available to InvestingPro subscribers.

11 years of historical results

According to an 11-year backtest of the TASI Stars strategy: