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Jul 05
Saudi Arabian (Tadawul) Real Estate Sector Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies35
- 7D2.7%
- 3M-1.8%
- 1Y5.5%
- YTD14.2%
The Real Estate industry is up 2.7% in the last week, with Dar Al Arkan Real Estate Development up 11%. This means that the industry has gained 5.5% over the past year. As for the next few years, earnings are expected to grow by 23% 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 |
|---|---|---|---|---|---|---|
| Sat, 27 Jul 2024 | ر.س142.3b | ر.س18.9b | ر.س3.3b | 25x | 42.7x | 7.5x |
| Mon, 24 Jun 2024 | ر.س132.5b | ر.س18.9b | ر.س3.3b | 24.8x | 39.7x | 7x |
| Wed, 22 May 2024 | ر.س133.9b | ر.س17.3b | ر.س3.5b | 25.2x | 38.2x | 7.7x |
| Fri, 19 Apr 2024 | ر.س148.3b | ر.س17.1b | ر.س3.4b | 26.2x | 43.1x | 8.7x |
| Sun, 17 Mar 2024 | ر.س143.3b | ر.س16.0b | ر.س2.9b | 28.2x | 48.9x | 9x |
| Tue, 13 Feb 2024 | ر.س127.4b | ر.س15.9b | ر.س2.8b | 25.8x | 46.1x | 8x |
| Thu, 11 Jan 2024 | ر.س123.5b | ر.س15.8b | ر.س2.7b | 25.6x | 45x | 7.8x |
| Sat, 09 Dec 2023 | ر.س117.9b | ر.س15.8b | ر.س2.7b | 23.1x | 43x | 7.5x |
| Mon, 06 Nov 2023 | ر.س113.6b | ر.س16.1b | ر.س2.1b | 22.4x | 53.6x | 7.1x |
| Wed, 04 Oct 2023 | ر.س118.2b | ر.س15.9b | ر.س2.2b | 23.2x | 53.7x | 7.4x |
| Fri, 01 Sep 2023 | ر.س125.7b | ر.س15.7b | ر.س2.3b | 24x | 54.1x | 8x |
| Sun, 30 Jul 2023 | ر.س129.4b | ر.س15.0b | ر.س1.8b | 22.1x | 71.2x | 8.6x |
| Tue, 27 Jun 2023 | ر.س126.3b | ر.س15.3b | ر.س1.9b | 21.9x | 67x | 8.3x |
| Thu, 25 May 2023 | ر.س122.6b | ر.س14.9b | ر.س840.0m | 22.1x | 145.9x | 8.2x |
| Sat, 22 Apr 2023 | ر.س123.4b | ر.س14.9b | ر.س845.6m | 22.6x | 145.9x | 8.3x |
| Mon, 20 Mar 2023 | ر.س106.8b | ر.س14.1b | ر.س2.3b | 23x | 46.9x | 7.6x |
| Wed, 15 Feb 2023 | ر.س109.9b | ر.س14.3b | ر.س2.4b | 23.9x | 45.7x | 7.7x |
| Fri, 13 Jan 2023 | ر.س106.9b | ر.س14.3b | ر.س2.4b | 23.6x | 44.5x | 7.5x |
| Sun, 11 Dec 2022 | ر.س106.6b | ر.س14.3b | ر.س2.4b | 24.1x | 44.8x | 7.5x |
| Tue, 08 Nov 2022 | ر.س113.7b | ر.س13.6b | ر.س1.7b | 27.1x | 66.9x | 8.3x |
| Thu, 06 Oct 2022 | ر.س124.1b | ر.س13.5b | ر.س1.6b | 28.6x | 75.3x | 9.2x |
| Sat, 03 Sep 2022 | ر.س123.0b | ر.س13.3b | ر.س1.4b | 26.9x | 86.5x | 9.3x |
| Mon, 01 Aug 2022 | ر.س115.9b | ر.س12.4b | ر.س1.8b | 24.2x | 64.4x | 9.4x |
| Wed, 29 Jun 2022 | ر.س111.7b | ر.س12.3b | ر.س1.7b | 25.7x | 64.9x | 9.1x |
| Fri, 27 May 2022 | ر.س115.8b | ر.س10.3b | ر.س1.3b | 28.2x | 89.4x | 11.2x |
| Sun, 24 Apr 2022 | ر.س123.9b | ر.س9.1b | ر.س1.1b | 29.4x | 116.9x | 13.6x |
| Tue, 22 Mar 2022 | ر.س120.3b | ر.س8.3b | -ر.س1,098,418,818.00 | 30.7x | -109.5x | 14.4x |
| Thu, 17 Feb 2022 | ر.س118.5b | ر.س8.3b | -ر.س955,722,382.00 | 30.7x | -124x | 14.2x |
| Sat, 15 Jan 2022 | ر.س120.9b | ر.س8.2b | -ر.س1,165,522,177.00 | 35.5x | -103.7x | 14.7x |
| Mon, 13 Dec 2021 | ر.س118.9b | ر.س8.3b | -ر.س1,138,468,368.00 | n/a | -104.4x | 14.4x |
| Wed, 10 Nov 2021 | ر.س123.9b | ر.س8.0b | -ر.س1,160,166,068.00 | 36.5x | -106.8x | 15.5x |
| Fri, 08 Oct 2021 | ر.س125.6b | ر.س7.9b | -ر.س1,251,077,778.00 | 35.9x | -100.4x | 15.9x |
| Sun, 05 Sep 2021 | ر.س119.4b | ر.س7.5b | -ر.س1,352,025,346.00 | 38.3x | -88.3x | 16x |
| Tue, 03 Aug 2021 | ر.س121.1b | ر.س7.4b | -ر.س1,358,098,224.00 | 36.1x | -89.2x | 16.3x |
Price to Earnings Ratio
-89.2x
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 42.7x which is higher than its 3-year average PE of 24.0x.
- The 3-year average PS ratio of 10.0x is higher than the industry's current PS ratio of 7.5x.
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 37% 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 | -1.45% | |
| Real Estate | 2.72% | |
| Real Estate | 3.01% | |
| Specialized REITs | 2.02% | |
| Hotel and Resort REITs | 0.93% | |
| REITS | 0.47% | |
| Residential REITs | 0% | |
| Industrial REITs | 0% | |
| Health Care REITs | 0% | |
| Office REITs | 0% | |
| Retail REITs | -2.56% | |
Industry PE
- Investors are most optimistic about the Real Estate industry, which is trading close to its 3-year average PE ratio of 42.5x.
- Analysts are expecting annual earnings growth of 22.7%, which is higher than its past year's earnings growth of 7.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 23% over the next 5 years.
- This is better than its past earnings growth rate of 7.8% per year.
- In contrast, the Real Estate industry is expected to see its earnings grow by 23% 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 | |
|---|---|---|---|---|---|
| 4300 Dar Al Arkan Real Estate Development | ر.س13.58 | 11.3% +ر.س1.5b | -18.5% | PE22.7x | |
| 4020 Saudi Real Estate | ر.س23.38 | 14.3% +ر.س1.1b | 72.2% | PE142.1x | |
| 4322 Retal Urban Development | ر.س12.84 | 13.6% +ر.س770.0m | 40.2% | PE28.8x | |
| 4220 Emaar The Economic City | ر.س7.23 | 5.9% +ر.س453.3m | -19.6% | PS8.6x | |
| 4150 Arriyadh Development | ر.س23.26 | 3.9% +ر.س156.4m | 15.6% | PE13.4x |
