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Saudi Arabian (Tadawul) Real Estate Sector Analysis

UpdatedMar 27, 2024
DataAggregated Company Financials
Companies34
  • 7D-1.2%
  • 3M23.2%
  • 1Y25.9%
  • YTD21.1%

The Real Estate is pretty flat in the last 7 days, but Arabian Centres has stood out, gaining 4.0%. As for the the longer term, the industry is up 27% over the past 12 months. Looking forward, earnings are forecast to grow by 1.7% annually.

Sector Valuation and Performance

Has the Saudi Arabian Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 28 Mar 2024ر.س148.4bر.س15.5bر.س3.1b28.1x48.2x9.6x
Sat, 24 Feb 2024ر.س131.6bر.س15.9bر.س2.8b26.1x47.6x8.3x
Mon, 22 Jan 2024ر.س120.3bر.س15.9bر.س2.8b24.4x43.5x7.6x
Wed, 20 Dec 2023ر.س118.8bر.س15.8bر.س2.7b23.7x43.3x7.5x
Fri, 17 Nov 2023ر.س110.8bر.س15.5bر.س2.4b23.2x47.1x7.2x
Sun, 15 Oct 2023ر.س111.7bر.س16.0bر.س2.1b23.2x52.5x7x
Tue, 12 Sep 2023ر.س121.1bر.س15.9bر.س2.3b24.2x52.9x7.6x
Thu, 10 Aug 2023ر.س126.8bر.س15.2bر.س1.9b21.1x68.2x8.4x
Sat, 08 Jul 2023ر.س127.4bر.س15.0bر.س1.8b22.1x69.4x8.5x
Mon, 05 Jun 2023ر.س124.1bر.س14.7bر.س809.7m22.9x153.2x8.4x
Wed, 03 May 2023ر.س122.9bر.س14.9bر.س845.6m22.4x145.4x8.3x
Fri, 31 Mar 2023ر.س115.5bر.س14.4bر.س2.3b23.8x50x8x
Sun, 26 Feb 2023ر.س106.1bر.س14.3bر.س2.4b23.4x44.2x7.4x
Tue, 24 Jan 2023ر.س106.2bر.س14.3bر.س2.4b23.7x44.2x7.4x
Thu, 22 Dec 2022ر.س103.9bر.س14.3bر.س2.4b23.7x43.7x7.3x
Sat, 19 Nov 2022ر.س112.7bر.س14.3bر.س2.4b25.2x47.3x7.9x
Mon, 17 Oct 2022ر.س119.9bر.س13.5bر.س1.6b27.3x72.8x8.9x
Wed, 14 Sep 2022ر.س121.3bر.س13.3bر.س1.4b27x85.4x9.1x
Fri, 12 Aug 2022ر.س118.8bر.س12.4bر.س1.7b24.8x70.2x9.6x
Sun, 10 Jul 2022ر.س111.5bر.س12.3bر.س1.8b25.4x63.1x9x
Tue, 07 Jun 2022ر.س122.3bر.س10.4bر.س1.5b28.3x83.8x11.8x
Thu, 05 May 2022ر.س123.4bر.س9.1bر.س1.1b29.1x116.5x13.5x
Sat, 02 Apr 2022ر.س122.4bر.س8.7b-ر.س717,712,519.0029.6x-170.5x14.1x
Mon, 28 Feb 2022ر.س118.6bر.س8.3b-ر.س1,045,784,100.0030.7x-113.4x14.2x
Wed, 26 Jan 2022ر.س119.7bر.س8.2b-ر.س1,165,522,177.0035.7x-102.7x14.5x
Fri, 24 Dec 2021ر.س119.7bر.س8.3b-ر.س1,138,468,368.0035.4x-105.1x14.5x
Sun, 21 Nov 2021ر.س124.4bر.س8.2b-ر.س1,142,914,971.0036.4x-108.9x15.2x
Tue, 19 Oct 2021ر.س126.1bر.س7.9b-ر.س1,251,077,778.0036.2x-100.8x16x
Thu, 16 Sep 2021ر.س124.7bر.س7.9b-ر.س1,245,004,900.0037.3x-100.2x15.7x
Sat, 14 Aug 2021ر.س118.7bر.س7.4b-ر.س1,358,098,224.0035.3x-87.4x16x
Wed, 09 Jun 2021ر.س114.9bر.س7.2b-ر.س2,068,936,267.0038.2x-55.5x15.9x
Price to Earnings Ratio

-49.7x


Total Market Cap: ر.س102.8bTotal Earnings: -ر.س2,068,936,267.00Total Revenue: ر.س7.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Real Estate Sector Price to Earnings3Y Average 12.5x202220232024
Current Industry PE
  • Investors are optimistic on the Saudi Real Estate industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 50.9x which is higher than its 3-year average PE of 12.4x.
  • The 3-year average PS ratio of 10.8x is higher than the industry's current PS ratio of 9.3x.
Past Earnings Growth
  • Total earnings for the Real Estate industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 30% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

Which industries have driven the changes within the Saudi Arabian Real Estate sector?

SA Market-1.74%
Real Estate-1.21%
Residential REITs0%
Industrial REITs0%
Health Care REITs0%
Office REITs0%
Specialized REITs-0.72%
Real Estate-1.09%
REITS-1.97%
Retail REITs-4.67%
Hotel and Resort REITs-7.66%
Industry PE
  • Investors are most optimistic about the Real Estate industry which is trading above its 3-year average PE ratio of 31.6x.
    • Analysts are expecting annual earnings growth of 1.7%, which is lower than the prior year's growth of 4.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 1.7% over the next 5 years.
  • However this is lower than its past earnings growth rate of 4.6% per year.
  • In contrast, the Real Estate industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
4100 Makkah Construction & Developmentر.س108.003.3%
+ر.س560.4m
51.0%PE62.3x
4321 Arabian Centresر.س26.004.4%
+ر.س522.4m
28.1%PE8.2x
4310 Knowledge Economic Cityر.س18.364.3%
+ر.س257.9m
24.9%PS77.9x
4230 Red Sea Internationalر.س27.9014.8%
+ر.س108.8m
6.7%PS1.7x
9519 Banan Real Estateر.س6.045.0%
+ر.س58.0m
-7.1%PE47.7x
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Latest News

4090

ر.س37.05

Taiba Investment

7D

-2.8%

1Y

30.5%

4321

ر.س26.00

Arabian Centres

7D

4.4%

1Y

28.1%

4300

ر.س14.28

Dar Al Arkan Real Estate Development

7D

-3.9%

1Y

-10.5%

4322

ر.س9.74

Retal Urban Development

7D

0.5%

1Y

3.2%

4100

ر.س108.00

Makkah Construction & Development

7D

3.3%

1Y

51.0%

4150

ر.س24.86

Arriyadh Development

7D

-3.5%

1Y

36.6%

9521

ر.س22.00

Enma Al Rawabi Investment & Real Estate Development

7D

1.9%

1Y

15.8%

4020

ر.س21.24

Saudi Real Estate

7D

-11.1%

1Y

71.8%

4320

ر.س28.50

Alandalus Property

7D

-3.6%

1Y

64.7%

4330

ر.س7.99

Riyad REIT Fund

7D

-9.0%

1Y

-12.7%

4344

ر.س8.82

SEDCO Capital REIT Fund

7D

0.7%

1Y

-14.0%

4250

ر.س28.95

Jabal Omar Development

7D

-5.9%

1Y

44.6%

4220

ر.س8.32

Emaar The Economic City

7D

-2.2%

1Y

1.5%

4230

ر.س27.90

Red Sea International

7D

14.8%

1Y

6.7%

4310

ر.س18.36

Knowledge Economic City

7D

4.3%

1Y

24.9%