Arabian Centres Company's (TADAWUL:4321) Earnings Are Not Doing Enough For Some Investors
Nov 07
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Saudi Arabian (Tadawul) Real Estate Sector Analysis
UpdatedNov 20, 2024
DataAggregated Company Financials
Companies38
- 7D-0.5%
- 3M-2.4%
- 1Y18.5%
- YTD14.0%
Over the last 7 days, the Real Estate industry has dropped 1.8%, driven by a pullback from Arabian Centres of 4.5%. In contrast, Saudi Real Estate has gained 7.7%. In the past year, the industry has gained 18%. Looking forward, earnings are forecast to grow by 23% annually.
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 |
|---|---|---|---|---|---|---|
| Wed, 20 Nov 2024 | ر.س145.4b | ر.س21.5b | ر.س2.5b | 18.8x | 58.6x | 6.8x |
| Fri, 18 Oct 2024 | ر.س148.2b | ر.س20.3b | ر.س3.3b | 27x | 45.4x | 7.3x |
| Sun, 15 Sep 2024 | ر.س143.5b | ر.س20.3b | ر.س3.3b | 22.7x | 43.7x | 7.1x |
| Tue, 13 Aug 2024 | ر.س139.0b | ر.س19.5b | ر.س3.5b | 24.7x | 39.8x | 7.1x |
| Thu, 11 Jul 2024 | ر.س130.3b | ر.س18.9b | ر.س3.3b | 24.7x | 39x | 6.9x |
| Sat, 08 Jun 2024 | ر.س132.1b | ر.س18.4b | ر.س3.3b | 25.1x | 40.5x | 7.2x |
| Mon, 06 May 2024 | ر.س147.9b | ر.س17.1b | ر.س3.4b | 25.3x | 42.9x | 8.7x |
| Wed, 03 Apr 2024 | ر.س143.3b | ر.س15.5b | ر.س3.1b | 24.8x | 46.7x | 9.2x |
| Fri, 01 Mar 2024 | ر.س132.1b | ر.س15.9b | ر.س2.8b | 26.7x | 47.8x | 8.3x |
| Sun, 28 Jan 2024 | ر.س124.3b | ر.س15.9b | ر.س2.8b | 25.2x | 45x | 7.8x |
| Tue, 26 Dec 2023 | ر.س118.9b | ر.س15.8b | ر.س2.7b | 24.2x | 43.3x | 7.5x |
| Thu, 23 Nov 2023 | ر.س116.1b | ر.س15.8b | ر.س2.7b | 23.8x | 42.3x | 7.3x |
| Sat, 21 Oct 2023 | ر.س113.2b | ر.س16.0b | ر.س2.2b | 22.9x | 52.3x | 7.1x |
| Mon, 18 Sep 2023 | ر.س120.3b | ر.س15.9b | ر.س2.3b | 23.6x | 52.6x | 7.6x |
| Wed, 16 Aug 2023 | ر.س126.8b | ر.س15.5b | ر.س2.2b | 21.5x | 57.6x | 8.2x |
| Fri, 14 Jul 2023 | ر.س128.6b | ر.س15.0b | ر.س1.8b | 21.9x | 70.2x | 8.5x |
| Sun, 11 Jun 2023 | ر.س126.9b | ر.س15.2b | ر.س1.9b | 22.9x | 66.9x | 8.4x |
| Tue, 09 May 2023 | ر.س122.3b | ر.س14.9b | ر.س845.6m | 22.7x | 144.6x | 8.2x |
| Thu, 06 Apr 2023 | ر.س117.7b | ر.س14.4b | ر.س2.3b | 23.7x | 51x | 8.2x |
| Sat, 04 Mar 2023 | ر.س108.5b | ر.س14.3b | ر.س2.4b | 23.6x | 45.2x | 7.6x |
| Mon, 30 Jan 2023 | ر.س108.2b | ر.س14.3b | ر.س2.4b | 24.3x | 45.1x | 7.6x |
| Wed, 28 Dec 2022 | ر.س102.2b | ر.س14.3b | ر.س2.4b | 23.7x | 43x | 7.1x |
| Fri, 25 Nov 2022 | ر.س110.4b | ر.س14.3b | ر.س2.4b | 25.3x | 46.4x | 7.7x |
| Sun, 23 Oct 2022 | ر.س122.5b | ر.س13.5b | ر.س1.6b | 28x | 74.4x | 9.1x |
| Tue, 20 Sep 2022 | ر.س117.5b | ر.س13.4b | ر.س1.4b | 26.9x | 85.3x | 8.8x |
| Thu, 18 Aug 2022 | ر.س121.2b | ر.س12.4b | ر.س1.7b | 25x | 72.4x | 9.8x |
| Sat, 16 Jul 2022 | ر.س109.0b | ر.س12.3b | ر.س1.8b | 24.5x | 61.8x | 8.8x |
| Mon, 13 Jun 2022 | ر.س119.0b | ر.س10.4b | ر.س1.5b | 28.2x | 81.5x | 11.4x |
| Wed, 11 May 2022 | ر.س122.0b | ر.س9.1b | ر.س1.1b | 28.9x | 115x | 13.4x |
| Fri, 08 Apr 2022 | ر.س120.5b | ر.س9.0b | -ر.س574,679,812.00 | 28.6x | -209.8x | 13.3x |
| Sun, 06 Mar 2022 | ر.س120.0b | ر.س8.3b | -ر.س1,045,783,605.00 | 30.7x | -114.8x | 14.4x |
| Tue, 01 Feb 2022 | ر.س121.0b | ر.س8.3b | -ر.س963,607,628.00 | 31.3x | -125.6x | 14.6x |
| Thu, 30 Dec 2021 | ر.س117.5b | ر.س8.2b | -ر.س1,165,522,177.00 | 35.1x | -100.8x | 14.3x |
| Sat, 27 Nov 2021 | ر.س120.4b | ر.س8.3b | -ر.س1,142,272,971.00 | 36.2x | -105.4x | 14.6x |
Price to Earnings Ratio
-105.4x
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 58.7x which is higher than its 3-year average PE of 38.8x.
- The 3-year average PS ratio of 9.1x is higher than the industry's current PS ratio of 6.8x.
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 | -0.79% | |
| Real Estate | -0.51% | |
| Residential REITs | 0% | |
| Industrial REITs | 0% | |
| Health Care REITs | 0% | |
| Retail REITs | 0% | |
| Office REITs | 0% | |
| Specialized REITs | -0.18% | |
| Real Estate | -0.35% | |
| Hotel and Resort REITs | -1.72% | |
| REITS | -1.97% | |
Industry PE
- Investors are most optimistic about the Real Estate industry which is trading above its 3-year average PE ratio of 56.0x.
- Analysts are expecting annual earnings growth of 23.5%, which is higher than its past year's earnings growth of 19.4% 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 19% 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 | |
|---|---|---|---|---|---|
| 4020 Saudi Real Estate | ر.س26.15 | 7.7% +ر.س701.3m | 114.3% | PE53.4x | |
| 4250 Jabal Omar Development | ر.س21.08 | 1.9% +ر.س472.0m | -3.5% | PS13.9x | |
| 4310 Knowledge Economic City | ر.س14.50 | 1.8% +ر.س88.2m | 6.6% | PS98.4x | |
| 9519 Banan Real Estate | ر.س7.82 | 5.2% +ر.س78.0m | 13.7% | PE44.7x | |
| 4150 Arriyadh Development | ر.س28.10 | 0.7% +ر.س35.6m | 35.5% | PE14x |