Saudi Arabian (Tadawul) REITS Industry Analysis
UpdatedOct 03, 2023
DataAggregated Company Financials
Companies13
- 7D1.2%
- 3M-9.6%
- 1Y-19.3%
- YTD-12.7%
Over the last 7 days, the REITS industry has risen 1.2%, driven by gains from Jadwa Investment - Jadwa Reit Saudi Fund of 8.3%. In the past year, the industry is down 19%.
Industry Valuation and Performance
Has the Saudi Arabian REITS Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 03 Oct 2023 | ر.س13.2b | ر.س1.6b | ر.س368.1m | 23x | 35.8x | 8.4x |
| Thu, 31 Aug 2023 | ر.س13.0b | ر.س1.5b | ر.س531.4m | 19.2x | 24.4x | 8.4x |
| Sat, 29 Jul 2023 | ر.س13.6b | ر.س1.5b | ر.س531.4m | 20.9x | 25.7x | 8.9x |
| Mon, 26 Jun 2023 | ر.س14.1b | ر.س1.8b | ر.س581.6m | 21.3x | 24.3x | 8x |
| Wed, 24 May 2023 | ر.س14.2b | ر.س1.7b | ر.س597.5m | 19.7x | 23.7x | 8.5x |
| Fri, 21 Apr 2023 | ر.س14.3b | ر.س1.7b | ر.س597.5m | 20.2x | 23.9x | 8.5x |
| Sun, 19 Mar 2023 | ر.س13.8b | ر.س1.5b | ر.س431.2m | 23.1x | 32.1x | 9.1x |
| Tue, 14 Feb 2023 | ر.س15.4b | ر.س1.7b | ر.س471.1m | 23.9x | 32.8x | 9.4x |
| Thu, 12 Jan 2023 | ر.س15.9b | ر.س1.7b | ر.س471.1m | 25.8x | 33.8x | 9.6x |
| Sat, 10 Dec 2022 | ر.س15.9b | ر.س1.6b | ر.س447.5m | 25.7x | 35.6x | 9.8x |
| Mon, 07 Nov 2022 | ر.س16.6b | ر.س1.6b | ر.س447.5m | 26.1x | 37x | 10.2x |
| Wed, 05 Oct 2022 | ر.س17.4b | ر.س1.6b | ر.س447.5m | 27.5x | 38.9x | 10.7x |
| Fri, 02 Sep 2022 | ر.س17.3b | ر.س1.5b | ر.س177.1m | 26x | 97.6x | 11.2x |
| Sun, 31 Jul 2022 | ر.س16.5b | ر.س1.5b | ر.س149.2m | 25.1x | 110.8x | 10.9x |
| Tue, 28 Jun 2022 | ر.س16.9b | ر.س1.5b | ر.س70.1m | 27.3x | 240.5x | 11x |
| Thu, 26 May 2022 | ر.س17.8b | ر.س1.5b | ر.س70.1m | 28.1x | 253.7x | 11.6x |
| Sat, 23 Apr 2022 | ر.س18.2b | ر.س1.5b | ر.س70.1m | 29x | 259.4x | 11.9x |
| Mon, 21 Mar 2022 | ر.س17.9b | ر.س1.5b | ر.س209.7m | 31.6x | 85.5x | 11.7x |
| Wed, 16 Feb 2022 | ر.س18.2b | ر.س1.5b | ر.س209.7m | 32.1x | 86.6x | 11.8x |
| Fri, 14 Jan 2022 | ر.س18.1b | ر.س1.5b | ر.س16.4m | 35.9x | 1105.2x | 12.3x |
| Sun, 12 Dec 2021 | ر.س18.1b | ر.س1.5b | ر.س43.4m | 36.3x | 417.4x | 12.1x |
| Tue, 09 Nov 2021 | ر.س18.4b | ر.س1.5b | ر.س43.4m | 36.5x | 422.9x | 12.2x |
| Thu, 07 Oct 2021 | ر.س18.5b | ر.س1.5b | ر.س43.4m | 37.4x | 426.7x | 12.3x |
| Sat, 04 Sep 2021 | ر.س12.6b | ر.س1.0b | -ر.س63,588,718.00 | 38x | -198.2x | 12.3x |
| Mon, 02 Aug 2021 | ر.س12.9b | ر.س1.0b | -ر.س63,588,718.00 | 38.2x | -202.2x | 12.6x |
| Thu, 06 May 2021 | ر.س10.7b | ر.س1.0b | -ر.س44,724,853.00 | 35.4x | -238.7x | 10.6x |
| Sun, 07 Feb 2021 | ر.س9.9b | ر.س985.1m | -ر.س25,860,987.00 | 45.2x | -383.6x | 10.1x |
| Sat, 31 Oct 2020 | ر.س9.5b | ر.س987.9m | ر.س94.8m | 36.8x | 100.3x | 9.6x |
Price to Earnings Ratio
115.4x
Current Industry PE
- Investors are pessimistic on the Saudi REITs industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 35.8x which is lower than its 3-year average PE of 64.1x.
- The 3-year average PS ratio of 10.5x is higher than the industry's current PS ratio of 8.4x.
Past Earnings Growth
- The earnings for companies in the REITs industry have grown 57% per year over the last three years.
- Revenues for these companies have grown 17% 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 industry?
| SA Market | 1.07% | |
| Real Estate | -0.26% | |
| REITS | 1.25% | |
| Diversified REITs | 1.25% | |
| Industrial REITs | 0% | |
| Office REITs | 0% | |
| Residential REITs | 0% | |
| Healthcare REITs | 0% | |
| Retail REITs | -0.63% | |
| Hotel and Resort REITs | -1.03% | |
| Specialized REITs | -1.09% | |
Industry PE
- Investors are most optimistic about the Diversified REITs 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 GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 4342 Jadwa Investment - Jadwa Reit Saudi Fund | ر.س13.00 | 8.3% +ر.س186.5m | 0% | n/a | |
| 4338 Alahli Capital - Al-Ahli Reit Fund | ر.س8.07 | 0.6% +ر.س6.9m | -32.3% | PB0.9x | |
| 4347 Bonyan REIT Fund | ر.س9.25 | 0.4% +ر.س6.5m | -7.4% | PB1.1x | |
| 4332 Jadwa REIT Al Haramain Fund | ر.س7.13 | 1.0% +ر.س4.6m | -0.6% | n/a | |
| 4348 Alkhabeer REIT Fund | ر.س6.53 | 0.3% +ر.س2.8m | -15.2% | PB0.9x |