Saudi Arabian (Tadawul) Diversified REITs Industry Analysis

Industry Valuation and Performance

Has the Saudi Arabian Diversified REITs Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 27 May 2026	ر.س13.2b	ر.س2.0b	ر.س333.4m	21.7x	39.5x	6.6x
Fri, 24 Apr 2026	ر.س13.0b	ر.س2.0b	ر.س333.4m	21.6x	39.1x	6.5x
Sun, 22 Mar 2026	ر.س12.9b	ر.س1.9b	ر.س200.8m	32.1x	64.1x	6.9x
Tue, 17 Feb 2026	ر.س13.0b	ر.س1.9b	ر.س200.8m	32.7x	65x	6.9x
Thu, 15 Jan 2026	ر.س12.6b	ر.س1.9b	ر.س200.8m	31.2x	62.8x	6.7x
Sat, 13 Dec 2025	ر.س12.7b	ر.س1.9b	ر.س227.2m	26.5x	55.7x	6.6x
Mon, 10 Nov 2025	ر.س13.0b	ر.س1.9b	ر.س227.2m	27.4x	57.1x	6.7x
Wed, 08 Oct 2025	ر.س13.2b	ر.س1.9b	ر.س227.2m	27.2x	58.3x	6.9x
Fri, 05 Sep 2025	ر.س12.9b	ر.س2.0b	ر.س399.2m	22x	32.3x	6.4x
Sun, 03 Aug 2025	ر.س13.0b	ر.س2.0b	ر.س434.3m	15.4x	29.9x	6.5x
Tue, 01 Jul 2025	ر.س13.1b	ر.س2.0b	ر.س421.7m	21x	31x	6.5x
Thu, 29 May 2025	ر.س13.1b	ر.س2.0b	ر.س420.5m	22.8x	31.2x	6.5x
Sat, 26 Apr 2025	ر.س13.6b	ر.س2.0b	ر.س420.5m	23.9x	32.5x	6.8x
Mon, 24 Mar 2025	ر.س13.2b	ر.س2.0b	ر.س688.3m	14.8x	19.2x	6.5x
Wed, 19 Feb 2025	ر.س13.5b	ر.س2.0b	ر.س688.3m	14.9x	19.6x	6.7x
Fri, 17 Jan 2025	ر.س13.8b	ر.س2.0b	ر.س688.3m	15.2x	20.1x	6.8x
Sun, 15 Dec 2024	ر.س13.9b	ر.س2.0b	ر.س688.3m	15.2x	20.2x	6.9x
Tue, 12 Nov 2024	ر.س14.2b	ر.س2.0b	ر.س688.3m	15.2x	20.7x	7x
Thu, 10 Oct 2024	ر.س13.6b	ر.س1.7b	ر.س465.6m	21.9x	29.3x	8.1x
Sat, 07 Sep 2024	ر.س13.9b	ر.س1.7b	ر.س465.6m	20.2x	29.8x	8.2x
Mon, 05 Aug 2024	ر.س14.0b	ر.س1.7b	ر.س382.0m	25.4x	36.6x	8.4x
Wed, 03 Jul 2024	ر.س13.4b	ر.س1.7b	ر.س382.0m	25.3x	35.1x	8.1x
Fri, 31 May 2024	ر.س13.7b	ر.س1.6b	ر.س327.2m	26.1x	41.9x	8.3x
Sun, 28 Apr 2024	ر.س14.5b	ر.س1.6b	ر.س327.2m	26.4x	44.4x	8.8x
Tue, 26 Mar 2024	ر.س14.1b	ر.س1.6b	ر.س324.3m	26.2x	43.6x	9x
Thu, 22 Feb 2024	ر.س14.1b	ر.س1.6b	ر.س324.3m	25.8x	43.5x	9x
Sat, 20 Jan 2024	ر.س14.2b	ر.س1.6b	ر.س324.3m	26x	43.7x	9x
Mon, 18 Dec 2023	ر.س14.1b	ر.س1.6b	ر.س324.3m	25.9x	43.5x	9x
Wed, 15 Nov 2023	ر.س13.2b	ر.س1.6b	ر.س324.3m	24.9x	40.7x	8.4x
Fri, 13 Oct 2023	ر.س13.1b	ر.س1.6b	ر.س328.8m	21.6x	39.8x	8.3x
Sun, 10 Sep 2023	ر.س12.9b	ر.س1.5b	ر.س412.3m	23.9x	31.4x	8.4x
Tue, 08 Aug 2023	ر.س13.5b	ر.س1.5b	ر.س531.4m	20.5x	25.4x	8.8x
Thu, 06 Jul 2023	ر.س13.9b	ر.س1.5b	ر.س531.4m	21.2x	26.1x	9x
Sat, 03 Jun 2023	ر.س14.1b	ر.س1.7b	ر.س597.5m	19.6x	23.6x	8.4x

Current Industry PE

Investors are relatively neutral on the Saudi Diversified REITs 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 37.8x.

The 3-year average PS ratio of 7.6x is higher than the industry's current PS ratio of 6.6x.

Past Earnings Growth

The earnings for companies in the Diversified REITs industry have declined 18% per year over the last three years.
Meanwhile revenues for these companies have grown 6.1% 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.

Industry Comparison

How does Saudi Arabian Diversified REITs compare with similar industries?


SA Market	0.046%
Real Estate	0.60%
REITS	0.051%
Diversified REITs	0.051%
Hotel and Resort REITs	4.59%
Specialized REITs	0.96%
Retail REITs	0.62%
Industrial REITs	0%	0

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
4340 Al Rajhi REIT Fund	ر.س8.34	1.5% +ر.س33.1m	1.1%	PB1x
4342 Jadwa Investment - Jadwa Reit Saudi Fund	ر.س11.26	1.1% +ر.س22.4m	10.2%	PB1.2x
4330 Riyad REIT Fund	ر.س5.00	1.4% +ر.س12.0m	-11.8%	PB0.7x
4347 Bonyan REIT Fund	ر.س9.82	0.5% +ر.س8.1m	4.0%	PB1.2x
4348 Alkhabeer REIT Fund	ر.س5.77	0.7% +ر.س5.6m	0.3%	PB0.8x

New major risk - Shareholder dilution

The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 32% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Minor Risk Market cap is less than US$100m (ر.س217.5m market cap, or US$58.0m).

Saudi Arabian (Tadawul) Diversified REITs Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

Upcoming dividend of ر.س0.14 per share

Fourth quarter dividend of ر.س0.10 announced

Jadwa Investment - Jadwa Reit Saudi Fund announces Quarterly dividend

Al Rajhi REIT Fund announces Quarterly dividend

Fourth quarter dividend of ر.س0.08 announced

First half dividend of ر.س0.16 announced

First half dividend of ر.س0.22 announced

New minor risk - Financial data availability

New minor risk - Financial data availability

New major risk - Shareholder dilution

MEFIC REIT Fund Announces the Distribution of Cash Dividends for the Period from 01 January 2023 to 31 December 2023