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Saudi Arabian (Tadawul) Real Estate Sector Analysis
UpdatedDec 20, 2024
DataAggregated Company Financials
Companies38
- 7D-1.8%
- 3M-5.1%
- 1Y13.3%
- YTD11.8%
Over the last 7 days, the Real Estate industry has dropped 2.3%, driven by pullbacks in Jabal Omar Development and Makkah Construction and Development of 4.3% and 5.4%, respectively. In the past year, the industry has gained 14%. As for the next few years, earnings are expected to grow by 19% per annum.
Sector Valuation and Performance
Has the Saudi Arabian Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 20 Dec 2024 | ر.س142.6b | ر.س21.5b | ر.س2.5b | 20.2x | 56.6x | 6.6x |
| Sun, 17 Nov 2024 | ر.س143.6b | ر.س20.7b | ر.س2.5b | 19.7x | 57.2x | 6.9x |
| Tue, 15 Oct 2024 | ر.س145.3b | ر.س20.3b | ر.س3.3b | 23.4x | 44.7x | 7.2x |
| Thu, 12 Sep 2024 | ر.س143.0b | ر.س20.3b | ر.س3.3b | 22.2x | 43.6x | 7.1x |
| Sat, 10 Aug 2024 | ر.س138.4b | ر.س19.4b | ر.س3.4b | 25x | 41x | 7.2x |
| Mon, 08 Jul 2024 | ر.س128.6b | ر.س18.9b | ر.س3.3b | 24.5x | 38.5x | 6.8x |
| Wed, 05 Jun 2024 | ر.س131.6b | ر.س18.4b | ر.س3.3b | 25.1x | 40.4x | 7.1x |
| Fri, 03 May 2024 | ر.س147.9b | ر.س17.1b | ر.س3.4b | 25.3x | 42.9x | 8.7x |
| Sun, 31 Mar 2024 | ر.س144.9b | ر.س15.5b | ر.س3.1b | 26.5x | 47.3x | 9.3x |
| Tue, 27 Feb 2024 | ر.س130.2b | ر.س15.9b | ر.س2.8b | 26.5x | 47.1x | 8.2x |
| Thu, 25 Jan 2024 | ر.س123.3b | ر.س15.9b | ر.س2.8b | 24.6x | 44.6x | 7.8x |
| Sat, 23 Dec 2023 | ر.س118.6b | ر.س15.8b | ر.س2.7b | 23.8x | 43.3x | 7.5x |
| Mon, 20 Nov 2023 | ر.س116.2b | ر.س15.5b | ر.س2.5b | 23.8x | 46.8x | 7.5x |
| Wed, 18 Oct 2023 | ر.س110.9b | ر.س16.0b | ر.س2.1b | 23.1x | 52.1x | 6.9x |
| Fri, 15 Sep 2023 | ر.س120.0b | ر.س15.9b | ر.س2.3b | 23.7x | 52.4x | 7.6x |
| Sun, 13 Aug 2023 | ر.س127.7b | ر.س15.5b | ر.س2.2b | 21.5x | 58x | 8.2x |
| Tue, 11 Jul 2023 | ر.س127.5b | ر.س15.0b | ر.س1.8b | 22.1x | 69.4x | 8.5x |
| Thu, 08 Jun 2023 | ر.س125.9b | ر.س15.0b | ر.س983.1m | 22.8x | 128x | 8.4x |
| Sat, 06 May 2023 | ر.س122.0b | ر.س14.9b | ر.س845.6m | 22.7x | 144.2x | 8.2x |
| Mon, 03 Apr 2023 | ر.س115.2b | ر.س14.4b | ر.س2.3b | 23.9x | 49.9x | 8x |
| Wed, 01 Mar 2023 | ر.س107.9b | ر.س14.3b | ر.س2.4b | 23.3x | 44.9x | 7.5x |
| Fri, 27 Jan 2023 | ر.س107.0b | ر.س14.3b | ر.س2.4b | 24.1x | 44.6x | 7.5x |
| Sun, 25 Dec 2022 | ر.س103.9b | ر.س14.3b | ر.س2.4b | 23.8x | 43.7x | 7.3x |
| Tue, 22 Nov 2022 | ر.س111.9b | ر.س14.3b | ر.س2.4b | 25.4x | 47.1x | 7.8x |
| Thu, 20 Oct 2022 | ر.س121.9b | ر.س13.5b | ر.س1.6b | 28.4x | 74x | 9x |
| Sat, 17 Sep 2022 | ر.س120.5b | ر.س13.3b | ر.س1.4b | 27x | 84.8x | 9.1x |
| Mon, 15 Aug 2022 | ر.س119.8b | ر.س12.4b | ر.س1.7b | 24.9x | 70.7x | 9.6x |
| Wed, 13 Jul 2022 | ر.س111.5b | ر.س12.3b | ر.س1.8b | 25.4x | 63.1x | 9x |
| Fri, 10 Jun 2022 | ر.س121.4b | ر.س10.4b | ر.س1.5b | 28.6x | 83.2x | 11.7x |
| Sun, 08 May 2022 | ر.س123.4b | ر.س9.1b | ر.س1.1b | 29.1x | 116.5x | 13.5x |
| Tue, 05 Apr 2022 | ر.س122.5b | ر.س8.7b | -ر.س805,510,664.00 | 27.6x | -152.1x | 14.2x |
| Thu, 03 Mar 2022 | ر.س120.9b | ر.س8.3b | -ر.س1,045,784,100.00 | 30.7x | -115.6x | 14.5x |
| Sat, 29 Jan 2022 | ر.س120.4b | ر.س8.2b | -ر.س1,165,522,177.00 | 35.7x | -103.3x | 14.6x |
| Mon, 27 Dec 2021 | ر.س118.6b | ر.س8.3b | -ر.س1,138,468,368.00 | n/a | -104.1x | 14.4x |
Price to Earnings Ratio
-104.1x
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 56.6x which is higher than its 3-year average PE of 43.1x.
- The 3-year average PS ratio of 8.9x is higher than the industry's current PS ratio of 6.6x.
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 38% 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 | 0.27% | |
| Real Estate | -1.82% | |
| Retail REITs | 0.42% | |
| Residential REITs | 0% | |
| Industrial REITs | 0% | |
| Health Care REITs | 0% | |
| Office REITs | 0% | |
| REITS | -0.62% | |
| Hotel and Resort REITs | -1.49% | |
| Specialized REITs | -1.61% | |
| Real Estate | -1.96% | |
Industry PE
- Investors are most optimistic about the Real Estate industry which is trading above its 3-year average PE ratio of 60.1x.
- Analysts are expecting annual earnings growth of 18.7%, which is higher than its past year's earnings growth of 15.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 19% over the next 5 years.
- This is better than its past earnings growth rate of 15% per year.
- In contrast, the Real Estate industry is expected to see its earnings grow by 19% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 4220 Emaar The Economic City | ر.س8.60 | 3.9% +ر.س362.7m | 13.5% | PS28.2x | |
| 4150 Arriyadh Development | ر.س30.00 | 4.5% +ر.س231.1m | 46.2% | PE15x | |
| 4321 Arabian Centres | ر.س21.62 | 1.4% +ر.س142.5m | 3.0% | PE7.5x | |
| 9535 Ladun Investment | ر.س3.45 | 5.2% +ر.س85.0m | -39.7% | PE25.1x | |
| 4323 Sumou Real Estate | ر.س46.00 | 3.0% +ر.س67.5m | 43.8% | PE21.3x |
