Capital AllocationCorporate Finance
Capital Allocation When Everything Is Expensive
When acquisition multiples hit 8-12x EBITDA and public markets trade at 29x earnings, elite allocators use absolute hurdle rates, not relative rankings.
Saudi Capital Markets
Market Command Center
Live data from decoded.finance — independent, CFA-led analysis
Liquidity Stress Index
Data as of Jan 2026 Full Dashboard →
80.6 ▼ 3.3
SAIBOR 3M 4.85%
Repo Rate 4.25%
Trans. Spread 60 bps
SAIBOR-SOFR 102 bps
IPO Pipeline Calendar →
12 Active
5 CMA Approved
7 Announced
Al-Romansiah
Approved Alandalus Education
Approved Aldyar Alarabiya
Approved Dar Al Balad Business Solutions
Approved IPO Tracker Explorer →
70 IPOs Tracked
12 Sectors
7 Years
Recent Listings
Saleh Abdulaziz Al Rashed & ...
Consolidated Grunenfelder Sa...
Almasar Alshamil Education
Cherry Trading
Marketing Home Group (MHG)
Get the Weekly Saudi IPO Brief
Independent, CFA-led analysis on Saudi IPOs — delivered weekly.
For educational purposes only. Not investment advice. Data: SAMA, CMA, Saudi Exchange.
Featured Analysis
Featured Case Study
Construction Materials IPO Case Study
SAR IPO: How to Read a Secondary Offering in Saudi Arabia
A practical framework for evaluating secondary offerings on the Saudi Exchange. Covers offering structure, business quality, valuation discipline, and ownership dynamics using the Saleh Abdulaziz Al Rashed and Sons IPO as a live example.
Market Cap SAR 837 Mn
Offer Price SAR 45.00
Offering Type Secondary Only
Revenue CAGR 18.3%
Implied P/E ~12.7x
Net Margin 12.1%
Live Data
Saudi IPO Tracker
70 IPOs Tracked
12 Sectors
7 Years Covered
Live Daily Price Updates
Materials TASI
Saleh Abdulaziz Al Rashed & Sons Company
1324 · March 3, 2026
IPO Price SAR 45.00
Listed March 3, 2026
Industrials TASI
Consolidated Grunenfelder Saady (CGS)
4147 · December 9, 2025
IPO Price SAR 10.00
Listed December 9, 2025
Consumer Discretionary TASI
Almasar Alshamil Education
6019 · December 2, 2025
IPO Price SAR 19.50
Listed December 2, 2025
Transportation TASI
Cherry Trading
4265 · December 1, 2025
IPO Price SAR 28.00
Listed December 1, 2025
Data shown is an informational snapshot. For live prices, P/E ratios, and full methodology, use the full IPO Tracker page.
IPO Pipeline
What's Coming to Market
Track CMA-approved IPOs, active bookbuilding, and upcoming listings across TASI and Nomu — updated daily from official Saudi Exchange disclosures.
12 Active Pipeline
5 CMA Approved
9 Sectors
Consumer Services TASI
Al-Romansiah
approved
Consumer Services TASI
Alandalus Education
approved
Real Estate TASI
Aldyar Alarabiya
approved
Commercial & Professional Services TASI
Dar Al Balad Business Solutions
approved
View Full IPO Calendar
Data sourced from CMA and Saudi Exchange disclosures. Dates and prices are indicative.
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About the Author
Abdul Gaffar Mohammed, CFA
Corporate Treasury Professional managing SAR 1bn+ banking facilities, with experience executing SAR 2bn project financing deals. Deep expertise in equity research, valuation, and corporate finance.
Building decoded.finance to provide independent, rigorous analysis of Saudi capital markets — making institutional-quality research accessible to serious investors and finance professionals.
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