Does Jadwa Investment - Jadwa Reit Saudi Fund (TADAWUL:4342) Deserve A Spot On Your Watchlist?
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Has the Saudi Arabian REITS Industry valuation changed over the past few years?
|Thu, 02 Dec 2021||ر.س17.9b||ر.س1.5b||ر.س43.4m||36.2x|
|Sat, 30 Oct 2021||ر.س18.3b||ر.س1.5b||ر.س43.4m||36.9x|
|Mon, 27 Sep 2021||ر.س18.5b||ر.س1.5b||ر.س43.4m||37x|
|Wed, 25 Aug 2021||ر.س12.3b||ر.س1.0b||-ر.س63,588,718.00||37.9x|
|Thu, 01 Jul 2021||ر.س12.2b||ر.س1.0b||-ر.س63,588,718.00||38.5x|
|Sun, 04 Apr 2021||ر.س10.3b||ر.س1.0b||-ر.س44,724,853.00||34.1x|
|Wed, 06 Jan 2021||ر.س10.0b||ر.س985.1m||-ر.س25,860,987.00||45.8x|
|Sat, 10 Oct 2020||ر.س10.9b||ر.س987.9m||ر.س94.8m||46.4x|
|Fri, 03 Jul 2020||ر.س8.5b||ر.س1.0b||ر.س153.8m||35.2x|
|Mon, 06 Apr 2020||ر.س8.3b||ر.س990.9m||ر.س215.5m||25.8x|
|Thu, 09 Jan 2020||ر.س9.4b||ر.س983.3m||ر.س327.5m||21.1x|
|Wed, 02 Oct 2019||ر.س8.5b||ر.س1.0b||ر.س414.2m||19x|
|Sat, 06 Jul 2019||ر.س8.4b||ر.س1.0b||ر.س401.8m||18.8x|
|Tue, 09 Apr 2019||ر.س8.3b||ر.س997.6m||ر.س397.2m||17.3x|
|Mon, 31 Dec 2018||ر.س7.5b||ر.س966.7m||ر.س392.7m||20.6x|
Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 36.0x which is higher than its 3-year average PE of 29.6x. It appears they are confident that earnings will grow faster in the future than they have historically.
Past Earnings Growth: The earnings for companies in the REITs industry have declined 39% per year over the last three years, while revenues for these companies have grown 58% per year. This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Which industries have driven the changes within the Saudi Arabian REITS industry?
|Hotel and Resort REITs||-8.41%|
Industry PE: Investors are most optimistic about the Diversified REITs industry, which is trading close to its 3-year average PE ratio of 33.9x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Specialized REITs industry, which is trading close to its 3-year average of 18.3x.
Forecasted Growth: There is insufficient data on the sub-industries of this industry.
Derayah Financial - Derayah Reit Fund
Alahli Capital - Al-Ahli Reit Fund
Riyad REIT Fund
Jadwa REIT Al Haramain Fund
Musharaka REIT Fund
Taleem REIT Fund
Muscat Capital - Al Masha'ar REIT Fund