Saudi Arabian (Tadawul) Real Estate Industry Analysis
UpdatedMar 22, 2023
DataAggregated Company Financials
Companies16
- 7D1.0%
- 3M10.0%
- 1Y-17.2%
- YTD10.9%
Over the last 7 days, the Real Estate industry has risen 1.0%, driven by gains in Dar Al Arkan Real Estate Development and Jabal Omar Development of 7.7% and 4.4%, respectively. However, the industry is down 17% over the past year. Looking forward, earnings are forecast to grow by 23% 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 |
|---|---|---|---|---|---|---|
| Wed, 22 Mar 2023 | ر.س96.9b | ر.س12.6b | ر.س1.8b | 22.2x | 52.5x | 7.7x |
| Fri, 17 Feb 2023 | ر.س93.8b | ر.س12.7b | ر.س1.9b | 23.9x | 48.6x | 7.4x |
| Sun, 15 Jan 2023 | ر.س91.0b | ر.س12.7b | ر.س1.9b | 23.6x | 47.2x | 7.2x |
| Tue, 13 Dec 2022 | ر.س88.1b | ر.س12.7b | ر.س1.9b | 23x | 45.7x | 7x |
| Thu, 10 Nov 2022 | ر.س94.2b | ر.س12.0b | ر.س1.3b | 29x | 74.7x | 7.8x |
| Sat, 08 Oct 2022 | ر.س105.2b | ر.س11.8b | ر.س1.2b | 28.6x | 87.6x | 8.9x |
| Mon, 05 Sep 2022 | ر.س106.2b | ر.س11.7b | ر.س1.2b | 26.2x | 85.3x | 9x |
| Wed, 03 Aug 2022 | ر.س100.9b | ر.س10.8b | ر.س1.7b | 23.8x | 61.1x | 9.3x |
| Fri, 01 Jul 2022 | ر.س96.6b | ر.س10.7b | ر.س1.6b | 26.1x | 58.5x | 9x |
| Sun, 29 May 2022 | ر.س99.1b | ر.س8.9b | ر.س1.4b | 27.4x | 71.3x | 11.2x |
| Tue, 26 Apr 2022 | ر.س103.1b | ر.س7.6b | ر.س989.6m | 28.6x | 104.2x | 13.6x |
| Thu, 24 Mar 2022 | ر.س101.8b | ر.س6.8b | -ر.س1,308,074,371.00 | 29.6x | -77.8x | 15x |
| Sat, 19 Feb 2022 | ر.س101.7b | ر.س6.8b | -ر.س1,165,378,462.00 | 29x | -87.2x | 15x |
| Mon, 17 Jan 2022 | ر.س102.9b | ر.س6.8b | -ر.س1,181,900,096.00 | 29x | -87.1x | 15.2x |
| Wed, 15 Dec 2021 | ر.س102.0b | ر.س6.8b | -ر.س1,181,900,096.00 | 27.6x | -86.3x | 15.1x |
| Fri, 12 Nov 2021 | ر.س104.6b | ر.س6.5b | -ر.س1,174,898,801.00 | 28.5x | -89x | 16.1x |
| Sun, 10 Oct 2021 | ر.س106.5b | ر.س6.4b | -ر.س1,294,509,506.00 | 27.7x | -82.3x | 16.6x |
| Tue, 07 Sep 2021 | ر.س107.0b | ر.س6.4b | -ر.س1,288,436,628.00 | 36.2x | -83x | 16.6x |
| Thu, 05 Aug 2021 | ر.س107.6b | ر.س6.4b | -ر.س1,294,509,506.00 | 30.1x | -83.1x | 16.8x |
| Sun, 09 May 2021 | ر.س96.3b | ر.س6.2b | -ر.س2,024,211,414.00 | 62.2x | -47.6x | 15.5x |
| Wed, 10 Feb 2021 | ر.س85.6b | ر.س6.6b | -ر.س2,085,867,416.00 | 44.6x | -41.1x | 12.9x |
| Tue, 03 Nov 2020 | ر.س84.8b | ر.س7.6b | -ر.س1,622,601,373.00 | 38.3x | -52.3x | 11.2x |
| Fri, 07 Aug 2020 | ر.س75.8b | ر.س8.6b | -ر.س1,106,406,163.00 | 22.2x | -68.5x | 8.8x |
| Thu, 30 Apr 2020 | ر.س76.9b | ر.س9.6b | -ر.س440,957,148.00 | 22.5x | -174.3x | 8x |
Price to Earnings Ratio
-159.4x
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 52.5x which is higher than its 3-year average PE of -33.8x.
- The 3-year average PS ratio of 11.8x is higher than the industry's current PS ratio of 7.7x.
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 9.7% 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 | -1.52% | |
| Real Estate | 0.85% | |
| Real Estate | 1.04% | |
| Real Estate Development | 3.69% | |
| Real Estate Operating Companies | 0.63% | |
| Real Estate Services | 0% | |
| Diversified Real Estate | -0.88% | |
Industry PE
- Investors are most optimistic about the Diversified Real Estate industry which is trading above its 3-year average PE ratio.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Real Estate Operating Companies industry, expecting annual earnings growth of 23% over the next 5 years.
- This is better than its past earnings decline of 38% per year.
- In contrast, the Real Estate Operating Companies 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.س14.78 | 7.7% +ر.س1.1b | 24.6% | PE35.5x | |
| 4250 Jabal Omar Development | ر.س19.74 | 4.4% +ر.س969.8m | -21.7% | PE20.1x | |
| 4310 Knowledge Economic City | ر.س13.84 | 5.5% +ر.س244.3m | -18.2% | PS96.8x | |
| 4321 Arabian Centres | ر.س19.96 | 2.1% +ر.س199.5m | -9.9% | PE20.9x | |
| 4100 Makkah Construction & Development | ر.س68.30 | 1.8% +ر.س197.8m | -19.6% | n/a |