Naf Company for Feed for Industry

9644.SR · Basic Materials · · SAR

7.59 SAR

+0.00 (0.53%)

● Updated 2026-09-07 19:32 Saudi Time ↻ Refresh

Short-term Mid-term Long-term

Fahodi Score BUY Long-term (Investment)

/ 100

Technical 75

Trend & RS 100

Momentum 100

Fundamental 72

Macro 59

Liquidity 24

Component	Score	Weight
Technical	75.0	10%
Trend & RS	99.6	10%
Momentum	100.0	5%
Fundamental	72.2	40%
Macro	59.4	15%
Liquidity	23.9	20%

Trade Setup

Entry	7.59
Stop Loss	6.19 (18.4%)
Target 1 (1:1)	8.99 (+18.4%)
Target 2 (2:1)	10.39 (+36.9%)

ATR(14)	0.70 (9.2%)
Risk per Share	1.40
Reward:Risk	2:1

ATR-based levels. Adjust for support/resistance zones.

Factor Profile

Factor	Score	Z
Value	29.4	-0.82
Momentum	100.0	+2.00
Quality	27.2	-0.91
Composite	52.2

Quality Scores

Piotroski F-Score 4 /9 — Average

✓ ✓ ✗ ✗ ✓ ✗ ✗ ✗ ✓

1. Positive Net Income 2. Positive Roa 3. Positive Cfo 4. Quality Earnings 5. Lower Leverage 6. Higher Liquidity 7. No Dilution 8. Higher Gross Margin 9. Higher Asset Turnover

Altman Z-Score 15.29 — Safe Zone

Distress <1.81Grey 1.81–2.99>2.99 Safe

Valuation vs Peers Overvalued

Metric	Stock	Sector	vs Peers
P/E Ratio	29.2	18.0	+62% above
P/B Ratio	6.0	2.5	Above

Comparing against Basic Materials median multiples.

Trading at a premium to sector peers — verify growth justifies premium.

Intrinsic Value (DCF) Significantly Overvalued

Intrinsic Value

2.49

Market Price

7.59

Upside

-67.2%

Margin of Safety	-205.3%
Stage 1 PV (5yr FCF)	17,210,142
Terminal Value PV	32,504,983
Total Enterprise Value	49,715,125

Assumptions

Base FCF	4,160,000
Growth Rate (5yr)	5.0%
Terminal Growth	2.5%
Discount Rate (WACC)	12.0%

2-stage DCF: 5yr projected FCF + Gordon Growth terminal value. Estimates only — adjust growth and WACC for your own assumptions.

Position Sizing — Kelly Criterion

4.5%

Recommended Size

42.66%

Full Kelly

21.33%

Half Kelly

5.0%

Max Cap (Moderate)

Kelly inputs derived from quant score 65/100. Estimated win rate 60%, avg win 8.9%, avg loss 3.7%. Position was capped at the moderate risk maximum. This is analytical output, not a recommendation to trade.

BEAR Regime: BEAR (20% confidence) — position size reduced 10%

Signal Summary STRONG BUY

Bullish Signals

Bearish Signals

54.21

RSI(14)

0.725

MACD

Relative Strength (RS) IMPROVING

/ 99

RS Rating

✓ O'Neil PASS (≥80)

RS vs TASI	↑ RISING (+133.0% vs TASI 3M)
RS vs Sector	OUTPERFORMING (Basic Materials)
RS New High	No (11d since high)
Sector Outperformance	+127.4% (3M)

RS Line — stock / TASI (90 bars)

← older newer →

RS vs TASI 50-day SMA of RS

IMPROVING: Gaining momentum — the stock is starting to outperform the market. Watch for RS new high confirmation.

Technical Indicators

Indicator	Value	Signal
Rsi	54.21	NEUTRAL
Macd	0.725	BEARISH
Ma Cross	5.55 / 4.19	GOLDEN CROSS
Trend Short		ABOVE SMA50
Trend Long		ABOVE SMA200
Bollinger		MIDDLE
Volume	0.35x	LOW

Key Levels

Level	Price
52-Week High	11.00
Bollinger Upper	11.1
SMA(200)	4.19
SMA(50)	5.55
SMA(20)	7.97
Current Price	7.59
Bollinger Lower	4.83
52-Week Low	2.90
ATR(14)	0.7

Advanced Technical Analysis

Click to expand

Wyckoff Phase & Volume Spread Analysis

Wyckoff Phase

DISTRIBUTION A Confidence

50%

Buying Climax

Acc: 0.0 | Dist: 2.0 | Markup: 2.0 | Markdown: 0.0

Volume Spread Analysis (last 5 bars)

Date	Signal	Vol	Description
2026-09-01	Normal	1.29x	Normal bar — no special VSA pattern
2026-09-02	Normal	0.09x	Normal bar — no special VSA pattern
2026-09-03	Normal	0.04x	Normal bar — no special VSA pattern
2026-09-06	Normal	0.04x	Normal bar — no special VSA pattern
2026-09-07	No Supply	0.35x	Low volume, narrow spread, firm close — no selling pressure

Ichimoku Cloud NEUTRAL

Line	Value	Status
Tenkan-sen (9)	8.45	Above Kijun
Kijun-sen (26)	7.37	Base line
Senkou A	7.91	Leading span A
Senkou B	7.37	Leading span B
Cloud	7.37 – 7.91	Bullish (Green)
Price vs Cloud	7.59	Inside Cloud
Chikou Span	3.85	Bullish
Alignment Score	3/4	NEUTRAL

TTM Squeeze & Divergences

TTM Squeeze

SQUEEZE OFF No squeeze Momentum: BULLISH

BB: 4.83 – 11.1 | KC: 6.48 – 9.45

Divergences (last 60 bars)

Type	Indicator	Bars Ago	Strength
Hidden Bullish	RSI	4

Anchored VWAP

VWAP: 5.89 Anchor: 2026-04-07 (52w Low) ABOVE AVWAP +28.8%

Heikin-Ashi Trend

BEARISH Full data via /api/advanced/9644.SR

Valuation

Metric	Value
Market Cap	151.80M
P/E (TTM)	29.19
Forward P/E	N/A
P/B	6.00
EPS	0.26

Financial Health

Metric	Value
Revenue Growth	N/A
Profit Margin	1.4%
ROE	7.9%
Debt/Equity	29.10
Current Ratio	1.30
Dividend Yield	N/A
Payout Ratio	N/A
Beta	N/A

Trading Data

7.59

Open

7.59

Day High

7.59

Day Low

5.5K

Volume (0.8x avg)

Insider Activity

Insider transaction data is not available for Saudi-listed stocks.

Price Chart (90 Days)

Candlesticks (green=up, red=down) SMA 20 SMA 50 Bollinger Bands (upper/lower) Volume (green=buying, red=selling)