Why We're Not Concerned About Dar Al Arkan Real Estate Development Company's (TADAWUL:4300) Share Price
Jan 06
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Saudi Arabian (Tadawul) Real Estate Sector Analysis
UpdatedJan 19, 2025
DataAggregated Company Financials
Companies38
- 7D0.5%
- 3M1.7%
- 1Y19.2%
- YTD-5.2%
The Real Estate is pretty flat in the last 7 days, but Retal Urban Development has stood out, gaining 6.1%. The past year has been better, since the industry has gained 19% in that time. As for the next few years, earnings are expected to grow by 21% 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 |
|---|---|---|---|---|---|---|
| Mon, 20 Jan 2025 | ر.س151.3b | ر.س21.5b | ر.س2.5b | 20.4x | 60x | 7x |
| Wed, 18 Dec 2024 | ر.س143.6b | ر.س21.5b | ر.س2.5b | 20.2x | 57x | 6.7x |
| Fri, 15 Nov 2024 | ر.س144.3b | ر.س20.7b | ر.س2.5b | 19.7x | 57.5x | 7x |
| Sun, 13 Oct 2024 | ر.س145.3b | ر.س20.3b | ر.س3.3b | 23.2x | 44.7x | 7.2x |
| Tue, 10 Sep 2024 | ر.س144.3b | ر.س20.3b | ر.س3.3b | 22.6x | 43.9x | 7.1x |
| Thu, 08 Aug 2024 | ر.س139.7b | ر.س19.2b | ر.س3.4b | 25x | 41.3x | 7.3x |
| Sat, 06 Jul 2024 | ر.س128.6b | ر.س18.9b | ر.س3.3b | 24.7x | 38.5x | 6.8x |
| Mon, 03 Jun 2024 | ر.س129.6b | ر.س18.4b | ر.س3.3b | 25.2x | 39.7x | 7x |
| Wed, 01 May 2024 | ر.س145.8b | ر.س17.1b | ر.س3.4b | 25.9x | 42.3x | 8.5x |
| Fri, 29 Mar 2024 | ر.س143.9b | ر.س15.5b | ر.س3.1b | 26.5x | 46.8x | 9.3x |
| Sun, 25 Feb 2024 | ر.س131.6b | ر.س15.9b | ر.س2.8b | 26.1x | 47.6x | 8.3x |
| Tue, 23 Jan 2024 | ر.س120.3b | ر.س15.9b | ر.س2.8b | 24.3x | 43.6x | 7.6x |
| Thu, 21 Dec 2023 | ر.س118.3b | ر.س15.8b | ر.س2.7b | 23.8x | 43.1x | 7.5x |
| Sat, 18 Nov 2023 | ر.س110.8b | ر.س15.5b | ر.س2.4b | 23.2x | 47.1x | 7.2x |
| Mon, 16 Oct 2023 | ر.س110.9b | ر.س16.0b | ر.س2.1b | 23.1x | 52.1x | 6.9x |
| Wed, 13 Sep 2023 | ر.س121.3b | ر.س15.9b | ر.س2.3b | 24x | 53x | 7.6x |
| Fri, 11 Aug 2023 | ر.س127.7b | ر.س15.2b | ر.س1.9b | 21.5x | 68.7x | 8.4x |
| Sun, 09 Jul 2023 | ر.س127.4b | ر.س15.0b | ر.س1.8b | 22.1x | 69.4x | 8.5x |
| Tue, 06 Jun 2023 | ر.س125.5b | ر.س14.7b | ر.س810.4m | 22.8x | 154.9x | 8.5x |
| Thu, 04 May 2023 | ر.س121.0b | ر.س14.9b | ر.س845.6m | 22.3x | 143x | 8.1x |
| Sat, 01 Apr 2023 | ر.س115.2b | ر.س14.4b | ر.س2.3b | 23.8x | 49.9x | 8x |
| Mon, 27 Feb 2023 | ر.س105.7b | ر.س14.3b | ر.س2.4b | 23.1x | 44x | 7.4x |
| Wed, 25 Jan 2023 | ر.س106.1b | ر.س14.3b | ر.س2.4b | 24x | 44.2x | 7.4x |
| Fri, 23 Dec 2022 | ر.س103.9b | ر.س14.3b | ر.س2.4b | 23.8x | 43.7x | 7.3x |
| Sun, 20 Nov 2022 | ر.س112.7b | ر.س14.3b | ر.س2.4b | 25.2x | 47.4x | 7.9x |
| Tue, 18 Oct 2022 | ر.س119.9b | ر.س13.5b | ر.س1.6b | 27.3x | 72.8x | 8.9x |
| Thu, 15 Sep 2022 | ر.س120.5b | ر.س13.3b | ر.س1.4b | 27x | 84.8x | 9.1x |
| Sat, 13 Aug 2022 | ر.س118.9b | ر.س12.4b | ر.س1.7b | 24.8x | 70.2x | 9.6x |
| Mon, 11 Jul 2022 | ر.س111.5b | ر.س12.3b | ر.س1.8b | 25.4x | 63.1x | 9x |
| Wed, 08 Jun 2022 | ر.س121.4b | ر.س10.4b | ر.س1.5b | 28.4x | 83.2x | 11.7x |
| Fri, 06 May 2022 | ر.س123.4b | ر.س9.1b | ر.س1.1b | 29.1x | 116.5x | 13.5x |
| Sun, 03 Apr 2022 | ر.س122.4b | ر.س8.7b | -ر.س762,871,640.00 | 27.5x | -160.4x | 14.1x |
| Tue, 01 Mar 2022 | ر.س119.8b | ر.س8.3b | -ر.س1,045,784,100.00 | 30.8x | -114.5x | 14.4x |
| Thu, 27 Jan 2022 | ر.س119.7b | ر.س8.2b | -ر.س1,165,522,177.00 | 35.8x | -102.7x | 14.5x |
Price to Earnings Ratio
-102.7x
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 60.0x which is higher than its 3-year average PE of 47.6x.
- The 3-year average PS ratio of 8.7x is higher than the industry's current PS ratio of 7.0x.
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 | 1.19% | |
| Real Estate | 0.54% | |
| Real Estate | 0.60% | |
| Hotel and Resort REITs | 0.51% | |
| REITS | 0.09% | |
| Residential REITs | 0% | 0 |
| Industrial REITs | 0% | 0 |
| Health Care REITs | 0% | 0 |
| Office REITs | 0% | 0 |
| Specialized REITs | -0.19% | |
| Retail REITs | -0.84% | |
Industry PE
- Investors are most optimistic about the Real Estate industry which is trading above its 3-year average PE ratio of 64.5x.
- Analysts are expecting annual earnings growth of 21.1%, 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 21% 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 21% 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 | |
|---|---|---|---|---|---|
| 4250 Jabal Omar Development | ر.س22.32 | 4.3% +ر.س1.1b | -4.6% | PS14.7x | |
| 4300 Dar Al Arkan Real Estate Development | ر.س16.28 | 2.4% +ر.س410.4m | 22.6% | PE27.1x | |
| 4322 Retal Urban Development | ر.س16.62 | 4.8% +ر.س379.9m | 99.3% | PE36x | |
| 4100 Makkah Construction and Development | ر.س98.00 | 1.8% +ر.س349.5m | 62.7% | PE48.6x | |
| 9610 First Avenue Real Estate Development | ر.س10.48 | 19.1% +ر.س344.4m | n/a | n/a |
