Methaq Real Estate Investment Company P.S.C.

ASE:MEET Stock Report

Market Cap: د.أ27.0m

Methaq Real Estate Investment Company P.S.C Past Earnings Performance

Past criteria checks 2/6

Methaq Real Estate Investment Company P.S.C has been growing earnings at an average annual rate of 38.7%, while the Real Estate industry saw earnings growing at 25.2% annually. Revenues have been growing at an average rate of 75.8% per year. Methaq Real Estate Investment Company P.S.C's return on equity is 3.3%, and it has net margins of 102.4%.

Key information

38.7%

Earnings growth rate

38.7%

EPS growth rate

Real Estate Industry Growth16.5%
Revenue growth rate75.8%
Return on equity3.3%
Net Margin102.4%
Last Earnings Update31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How Methaq Real Estate Investment Company P.S.C makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

ASE:MEET Revenue, expenses and earnings (JOD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 230000
30 Sep 231100
30 Jun 232100
31 Mar 232100
31 Dec 222100
30 Sep 221000
30 Jun 220000
31 Mar 220000
31 Dec 210000
30 Sep 210-100
30 Jun 210-100
31 Mar 210-100
31 Dec 200-100
30 Sep 200000
30 Jun 200000
31 Mar 200000
31 Dec 190000
30 Sep 190000
30 Jun 190000
31 Mar 190000
31 Dec 180000
30 Sep 180000
30 Jun 180000
31 Mar 180000
31 Dec 170000
30 Sep 17-3000
30 Jun 171100
31 Mar 171100
31 Dec 161100
30 Sep 164100
30 Jun 160000
31 Mar 160000
31 Dec 150000
30 Sep 150000
30 Jun 150000
31 Mar 150000
31 Dec 140000
30 Sep 140000
30 Jun 140000
31 Mar 140000
31 Dec 130000
30 Sep 130000

Quality Earnings: MEET has a large one-off gain of JOD418.7K impacting its last 12 months of financial results to 31st December, 2023.

Growing Profit Margin: MEET's current net profit margins are higher than last year (56.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MEET has become profitable over the past 5 years, growing earnings by 38.7% per year.

Accelerating Growth: MEET's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MEET had negative earnings growth (-69%) over the past year, making it difficult to compare to the Real Estate industry average (-35.1%).


Return on Equity

High ROE: MEET's Return on Equity (3.3%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.