Take Care Before Jumping Onto Ladun Investment Company (TADAWUL:9535) Even Though It's 27% Cheaper
Jul 05
Saudi Arabian (Tadawul) Real Estate Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies17
- 7D3.0%
- 3M-1.5%
- 1Y8.1%
- YTD17.8%
The Real Estate industry is up 3.4% in the last week, with Dar Al Arkan Real Estate Development up 11%. This takes the industry's 12 month performance to a gain of 7.4%. Earnings are forecast to grow by 22% annually.
Industry Valuation and Performance
Has the Saudi Arabian Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | ر.س127.0b | ر.س17.1b | ر.س3.0b | 25.8x | 42.6x | 7.4x |
| Sun, 23 Jun 2024 | ر.س117.2b | ر.س17.1b | ر.س3.0b | 24.1x | 39.3x | 6.9x |
| Tue, 21 May 2024 | ر.س118.1b | ر.س15.5b | ر.س3.2b | 28.5x | 36.8x | 7.6x |
| Thu, 18 Apr 2024 | ر.س130.7b | ر.س15.3b | ر.س3.1b | 25.8x | 41.5x | 8.5x |
| Sat, 16 Mar 2024 | ر.س127.8b | ر.س14.3b | ر.س2.7b | 31.6x | 46.5x | 8.9x |
| Mon, 12 Feb 2024 | ر.س110.1b | ر.س14.2b | ر.س2.6b | 26.6x | 42.7x | 7.8x |
| Wed, 10 Jan 2024 | ر.س108.0b | ر.س14.1b | ر.س2.6b | 27.3x | 42.2x | 7.7x |
| Fri, 08 Dec 2023 | ر.س102.8b | ر.س14.1b | ر.س2.6b | 23.9x | 40.2x | 7.3x |
| Sun, 05 Nov 2023 | ر.س97.4b | ر.س14.3b | ر.س1.9b | 23.4x | 51x | 6.8x |
| Tue, 03 Oct 2023 | ر.س103.5b | ر.س14.2b | ر.س2.0b | 24.3x | 52.9x | 7.3x |
| Thu, 31 Aug 2023 | ر.س111.7b | ر.س14.0b | ر.س1.9b | 25.1x | 59.5x | 8x |
| Sat, 29 Jul 2023 | ر.س114.2b | ر.س13.4b | ر.س1.4b | 25.8x | 84.3x | 8.6x |
| Mon, 26 Jun 2023 | ر.س110.7b | ر.س13.4b | ر.س1.4b | 24.8x | 81.7x | 8.3x |
| Wed, 24 May 2023 | ر.س107.3b | ر.س13.0b | ر.س297.1m | 25x | 361.1x | 8.2x |
| Fri, 21 Apr 2023 | ر.س107.6b | ر.س13.0b | ر.س297.1m | 23.9x | 362.2x | 8.3x |
| Sun, 19 Mar 2023 | ر.س93.0b | ر.س12.6b | ر.س1.8b | 22.2x | 50.4x | 7.4x |
| Tue, 14 Feb 2023 | ر.س95.0b | ر.س12.7b | ر.س1.9b | 23.5x | 49.2x | 7.5x |
| Thu, 12 Jan 2023 | ر.س91.2b | ر.س12.7b | ر.س1.9b | 23.3x | 47.3x | 7.2x |
| Sat, 10 Dec 2022 | ر.س90.7b | ر.س12.7b | ر.س1.9b | 23.3x | 47x | 7.2x |
| Mon, 07 Nov 2022 | ر.س97.7b | ر.س12.0b | ر.س1.3b | 27.5x | 78.1x | 8.1x |
| Wed, 05 Oct 2022 | ر.س107.5b | ر.س11.8b | ر.س1.2b | 28.9x | 89.6x | 9.1x |
| Fri, 02 Sep 2022 | ر.س100.4b | ر.س11.7b | ر.س1.2b | 27.2x | 80.7x | 8.6x |
| Sun, 31 Jul 2022 | ر.س99.1b | ر.س10.8b | ر.س1.7b | 23.7x | 60x | 9.1x |
| Tue, 28 Jun 2022 | ر.س98.1b | ر.س10.7b | ر.س1.6b | 26.3x | 59.5x | 9.1x |
| Thu, 26 May 2022 | ر.س98.1b | ر.س8.8b | ر.س1.2b | 28.2x | 80x | 11.2x |
| Sat, 23 Apr 2022 | ر.س105.7b | ر.س7.6b | ر.س989.6m | 29.4x | 106.8x | 13.9x |
| Mon, 21 Mar 2022 | ر.س102.4b | ر.س6.8b | -ر.س1,308,074,898.00 | 30.2x | -78.3x | 15x |
| Wed, 16 Feb 2022 | ر.س99.2b | ر.س6.8b | -ر.س1,181,900,096.00 | 28.7x | -83.9x | 14.7x |
| Fri, 14 Jan 2022 | ر.س102.5b | ر.س6.8b | -ر.س1,181,900,096.00 | 29.7x | -86.7x | 15.2x |
| Sun, 12 Dec 2021 | ر.س100.7b | ر.س6.8b | -ر.س1,181,900,096.00 | 27.1x | -85.2x | 14.9x |
| Tue, 09 Nov 2021 | ر.س105.5b | ر.س6.5b | -ر.س1,203,597,796.00 | 34.6x | -87.6x | 16.3x |
| Thu, 07 Oct 2021 | ر.س106.6b | ر.س6.4b | -ر.س1,294,509,506.00 | 27.8x | -82.4x | 16.7x |
| Sat, 04 Sep 2021 | ر.س106.8b | ر.س6.4b | -ر.س1,288,436,628.00 | 36.7x | -82.9x | 16.6x |
| Mon, 02 Aug 2021 | ر.س109.2b | ر.س6.4b | -ر.س1,294,509,506.00 | 30.2x | -84.4x | 17.1x |
Price to Earnings Ratio
-84.4x
Current Industry PE
- Investors are relatively neutral on the Saudi Real Estate industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 42.5x.
- The 3-year average PS ratio of 10.0x is higher than the industry's current PS ratio of 7.4x.
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 39% 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 industry?
| SA Market | -1.45% | |
| Real Estate | 2.72% | |
| Real Estate | 3.01% | |
| Real Estate Development | 8.12% | |
| Diversified Real Estate | 1.25% | |
| Real Estate Operating Companies | 0.35% | |
| Real Estate Services | 0% | |
Industry PE
- Investors are most optimistic about the Diversified Real Estate industry which is trading above its 3-year average PE ratio of 42.3x.
- Analysts are expecting annual earnings growth of 70.8%, which is higher than its past year's earnings growth of 32.5% per year.
- Investors are most pessimistic about the Real Estate Operating Companies industry, which is trading below its 3-year average of 15.6x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Real Estate industry, expecting annual earnings growth of 71% over the next 5 years.
- This is better than its past earnings growth rate of 32% per year.
- In contrast, the Real Estate Operating Companies industry is expected to see its earnings decline by 5.1% 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 |
