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Saudi Arabian (Tadawul) Real Estate Sector Analysis

UpdatedNov 28, 2022
DataAggregated Company Financials
Companies32
  • 7D-3.7%
  • 3M-13.3%
  • 1Y-16.3%
  • YTD-18.4%

Over the last 7 days, the Real Estate industry has dropped 3.7%, driven by a pullback from Jabal Omar Development of 5.3%. In contrast, Banan Real Estate has gained 9.6%. The industry has fallen 16% in the last year. Earnings are forecast to grow by 24% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 29 Nov 2022ر.س108.5bر.س14.3bر.س2.4b25x45.6x7.6x
Thu, 27 Oct 2022ر.س122.3bر.س13.5bر.س1.6b28x74.2x9.1x
Sat, 24 Sep 2022ر.س117.0bر.س13.4bر.س1.4b26.8x85x8.7x
Mon, 22 Aug 2022ر.س120.7bر.س12.4bر.س1.7b25x71.5x9.7x
Wed, 20 Jul 2022ر.س109.5bر.س12.3bر.س1.8b25x62x8.9x
Fri, 17 Jun 2022ر.س114.4bر.س10.4bر.س1.5b26x78.4x11x
Sun, 15 May 2022ر.س118.3bر.س9.1bر.س1.1b28.6x111.5x12.9x
Tue, 12 Apr 2022ر.س122.8bر.س9.0b-ر.س680,409,918.0029.7x-180.4x13.6x
Thu, 10 Mar 2022ر.س120.8bر.س8.3b-ر.س1,045,783,605.0030.6x-115.5x14.5x
Sat, 05 Feb 2022ر.س120.1bر.س8.3b-ر.س972,244,016.0031.2x-123.6x14.5x
Mon, 03 Jan 2022ر.س117.4bر.س8.2b-ر.س1,165,522,177.0035.1x-100.8x14.3x
Wed, 01 Dec 2021ر.س113.0bر.س8.3b-ر.س1,138,468,368.0035.8x-99.3x13.7x
Fri, 29 Oct 2021ر.س125.4bر.س7.9b-ر.س1,214,861,046.0036.9x-103.2x15.8x
Sun, 26 Sep 2021ر.س123.9bر.س7.9b-ر.س1,251,077,778.0035.9x-99x15.7x
Tue, 24 Aug 2021ر.س117.7bر.س7.5b-ر.س1,352,025,346.0037.8x-87x15.8x
Wed, 30 Jun 2021ر.س119.8bر.س7.4b-ر.س1,358,098,224.0035x-88.2x16.1x
Sat, 03 Apr 2021ر.س102.8bر.س7.2b-ر.س2,068,936,267.0038.7x-49.7x14.2x
Tue, 05 Jan 2021ر.س97.5bر.س7.6b-ر.س2,111,728,403.0043.9x-46.2x12.8x
Fri, 09 Oct 2020ر.س107.0bر.س8.6b-ر.س1,527,777,895.0043.8x-70.1x12.5x
Thu, 02 Jul 2020ر.س79.6bر.س9.6b-ر.س952,632,479.0031.4x-83.5x8.3x
Sun, 05 Apr 2020ر.س78.6bر.س10.5b-ر.س225,495,535.0024x-348.8x7.5x
Wed, 08 Jan 2020ر.س97.3bر.س11.0bر.س646.8m21.4x150.4x8.9x
Price to Earnings Ratio

59.9x


Total Market Cap: ر.س90.0bTotal Earnings: ر.س1.5bTotal Revenue: ر.س11.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Real Estate Sector Price to Earnings3Y Average -52.4x202020212022
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 45.6x which is higher than its 3-year average PE of -52.5x.
  • The 3-year average PS ratio of 11.7x is higher than the industry's current PS ratio of 7.6x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have grown 17% per year over the last three years.
  • Revenues for these companies have grown 8.6% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

SA Market-1.95%
Real Estate-3.74%
REITS-0.97%
Real Estate-4.21%
Industry PE
  • Investors are most optimistic about the Real Estate industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 23.8%, which is higher than its past year's earnings growth of 1.1% per year.
  • Investors are most pessimistic about the REITS industry, which is trading below its 3-year average of 68.5x.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings growth rate of 1.1% per year.
  • In contrast, the Real Estate industry is expected to see its earnings grow by 24% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
9519 Banan Real Estateر.س69.809.6%
+ر.س122.0m
23.5%PB4x
4342 Jadwa Investment - Jadwa Reit Saudi Fundر.س12.421.0%
+ر.س22.4m
-20.3%PB1.3x
4300 Dar Al Arkan Real Estate Developmentر.س13.380.2%
+ر.س21.6m
53.6%PB0.7x
4332 Jadwa REIT Al Haramain Fundر.س7.444.2%
+ر.س19.8m
-8.4%PB0.9x
4340 Al Rajhi REIT Fundر.س9.921.2%
+ر.س19.4m
-11.4%PB1.3x
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Latest News

4340

ر.س9.92

Al Rajhi REIT Fund

7D

1.2%

1Y

-11.4%

9519

ر.س69.80

Banan Real Estate

7D

9.6%

1Y

23.5%

4310

ر.س11.20

Knowledge Economic City

7D

-2.6%

1Y

-26.0%

4220

ر.س8.30

Emaar The Economic City

7D

-5.4%

1Y

-23.4%

4322

ر.س116.40

Retal Urban Development

7D

-6.0%

1Y

n/a

4300

ر.س13.38

Dar Al Arkan Real Estate Development

7D

0.2%

1Y

53.6%

4321

ر.س19.74

Arabian Centres

7D

-1.3%

1Y

-1.6%

4250

ر.س19.36

Jabal Omar Development

7D

-5.2%

1Y

-29.9%

4020

ر.س11.26

Saudi Real Estate

7D

-4.6%

1Y

-43.6%

4150

ر.س18.72

Arriyadh Development

7D

-1.7%

1Y

-26.9%

4336

ر.س7.34

Mulkia Gulf Real Estate REIT

7D

1.9%

1Y

-25.0%

4332

ر.س7.44

Jadwa REIT Al Haramain Fund

7D

4.2%

1Y

-8.4%

4342

ر.س12.42

Jadwa Investment - Jadwa Reit Saudi Fund

7D

1.0%

1Y

-20.3%

4338

ر.س10.70

Alahli Capital - Al-Ahli Reit Fund

7D

1.3%

1Y

-10.5%

4344

ر.س10.38

SEDCO Capital REIT Fund

7D

1.0%

1Y

-12.0%