Saudi Arabian (Tadawul) Real Estate Development Industry Analysis
UpdatedJul 25, 2024
DataAggregated Company Financials
Companies6
- 7D8.0%
- 3M2.0%
- 1Y-9.3%
- YTDn/a
In the last week, the Real Estate Development industry is up 6.5%, with Dar Al Arkan Real Estate Development up 9.8%. However, the industry is down 12% over the past year. Looking forward, earnings are forecast to grow by 15% annually.
Industry Valuation and Performance
Has the Saudi Arabian Real Estate Development Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Jul 2024 | ر.س36.2b | ر.س5.8b | ر.س517.6m | 21.5x | 69.9x | 6.3x |
| Sat, 22 Jun 2024 | ر.س32.5b | ر.س5.8b | ر.س519.8m | 19x | 62.5x | 5.6x |
| Mon, 20 May 2024 | ر.س33.9b | ر.س5.7b | ر.س668.7m | 19.3x | 50.7x | 5.9x |
| Wed, 17 Apr 2024 | ر.س37.6b | ر.س5.5b | ر.س637.8m | 22.8x | 58.9x | 6.8x |
| Fri, 15 Mar 2024 | ر.س37.4b | ر.س6.1b | ر.س190.1m | 22.5x | 196.6x | 6.2x |
| Sun, 11 Feb 2024 | ر.س34.7b | ر.س5.9b | ر.س196.3m | 21.3x | 176.9x | 5.9x |
| Tue, 09 Jan 2024 | ر.س35.3b | ر.س5.8b | ر.س175.9m | 20.5x | 200.7x | 6.1x |
| Thu, 07 Dec 2023 | ر.س35.2b | ر.س5.8b | ر.س175.9m | 19.4x | 200.1x | 6.1x |
| Sat, 04 Nov 2023 | ر.س34.6b | ر.س5.6b | -ر.س86,612,390.00 | 16.4x | -399.4x | 6.1x |
| Mon, 02 Oct 2023 | ر.س39.7b | ر.س5.9b | -ر.س29,180,820.00 | 28.1x | -1359.1x | 6.7x |
| Wed, 30 Aug 2023 | ر.س44.5b | ر.س5.9b | -ر.س39,502,820.00 | 31.8x | -1126.6x | 7.6x |
| Fri, 28 Jul 2023 | ر.س42.0b | ر.س5.2b | -ر.س473,244,590.00 | 29x | -88.8x | 8x |
| Sun, 25 Jun 2023 | ر.س40.6b | ر.س5.2b | -ر.س473,244,590.00 | 25.9x | -85.7x | 7.7x |
| Tue, 23 May 2023 | ر.س40.2b | ر.س6.0b | -ر.س334,805,764.00 | 24.1x | -120x | 6.7x |
| Thu, 20 Apr 2023 | ر.س42.0b | ر.س6.0b | -ر.س334,805,764.00 | 24.3x | -125.4x | 7x |
| Sat, 18 Mar 2023 | ر.س35.2b | ر.س5.9b | -ر.س87,131,968.00 | 22.2x | -404x | 5.9x |
| Mon, 13 Feb 2023 | ر.س35.9b | ر.س6.0b | -ر.س90,187,627.00 | 23.6x | -397.7x | 6x |
| Wed, 11 Jan 2023 | ر.س34.6b | ر.س6.0b | -ر.س90,187,627.00 | 23.2x | -384.1x | 5.8x |
| Fri, 09 Dec 2022 | ر.س35.8b | ر.س6.0b | -ر.س90,187,627.00 | 23.3x | -396.9x | 6x |
| Sun, 06 Nov 2022 | ر.س37.8b | ر.س5.7b | -ر.س160,957,714.00 | 27x | -235.1x | 6.7x |
| Tue, 04 Oct 2022 | ر.س43.5b | ر.س5.7b | -ر.س160,957,714.00 | 27x | -270.1x | 7.7x |
| Thu, 01 Sep 2022 | ر.س40.4b | ر.س5.6b | -ر.س231,092,993.00 | 25.6x | -175x | 7.3x |
| Sat, 30 Jul 2022 | ر.س38.0b | ر.س5.5b | -ر.س138,372,892.00 | 24.6x | -274.3x | 7x |
| Mon, 27 Jun 2022 | ر.س38.5b | ر.س5.4b | -ر.س162,557,381.00 | 27x | -236.8x | 7.1x |
| Wed, 25 May 2022 | ر.س32.5b | ر.س4.3b | -ر.س340,369,423.00 | 28.9x | -95.6x | 7.5x |
| Fri, 22 Apr 2022 | ر.س34.6b | ر.س3.3b | -ر.س567,821,429.00 | 29x | -61x | 10.7x |
| Sun, 20 Mar 2022 | ر.س36.1b | ر.س2.9b | -ر.س885,606,769.00 | 30.5x | -40.7x | 12.3x |
| Tue, 15 Feb 2022 | ر.س34.6b | ر.س2.9b | -ر.س888,960,264.00 | 28.3x | -38.9x | 11.9x |
| Thu, 13 Jan 2022 | ر.س36.5b | ر.س3.0b | -ر.س863,032,631.00 | 40.9x | -42.3x | 12.3x |
| Sat, 11 Dec 2021 | ر.س34.0b | ر.س3.0b | -ر.س863,032,631.00 | 39x | -39.4x | 11.5x |
| Mon, 08 Nov 2021 | ر.س36.6b | ر.س2.7b | -ر.س975,989,879.00 | n/a | -37.5x | 13.3x |
| Wed, 06 Oct 2021 | ر.س35.9b | ر.س2.7b | -ر.س975,989,879.00 | 41.1x | -36.8x | 13.1x |
| Fri, 03 Sep 2021 | ر.س33.3b | ر.س2.7b | -ر.س975,989,879.00 | 44.2x | -34.1x | 12.1x |
| Sun, 01 Aug 2021 | ر.س35.2b | ر.س2.7b | -ر.س975,989,879.00 | 45.4x | -36.1x | 12.8x |
Price to Earnings Ratio
-36.1x
Current Industry PE
- Investors are optimistic on the Saudi Real Estate Development industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 68.4x which is higher than its 3-year average PE of -158x.
- The 3-year average PS ratio of 8.1x is higher than the industry's current PS ratio of 6.2x.
Past Earnings Growth
- Total earnings for the Real Estate Development industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 28% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Saudi Arabian Real Estate Development compare with similar industries?
| SA Market | -0.94% | |
| Real Estate | 3.00% | |
| Real Estate | 3.36% | |
| Real Estate Development | 8.00% | |
| Diversified Real Estate | 2.00% | |
| Real Estate Services | 0% | |
| Real Estate Operating Companies | -0.031% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
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 | |
| 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 | |
| 4323 Sumou Real Estate | ر.س46.00 | 6.6% +ر.س142.5m | 19.8% | PE20.3x |