How does 9591's PE Ratio compare to its peers?

9591 is good value based on its Price-To-Earnings Ratio (15x) compared to the peer average (22.7x).

How does 9591's PE Ratio compare vs other companies in the Asian Real Estate Industry?

9591 is good value based on its Price-To-Earnings Ratio (15x) compared to the Asian Real Estate industry average (15.1x).

What is 9591's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate 9591's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of 9591 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

9591 (SAR8.48) is trading above our estimate of [[fair value]] (SAR4.6)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

9591 Stock Overview

Engages in the real estate development activities in the Kingdom of Saudi Arabia. More details

9591 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	2/6
Financial Health	4/6
Dividends	2/6

Rewards

Price-To-Earnings ratio (15x) is below the SA market (23.1x)

Risk Analysis

High level of non-cash earnings

Revenue has declined by 13.6% over the past year

Highly volatile share price over the past 3 months compared to the SA market

Does not have a meaningful market cap (SAR280M)

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

View United Real Estate Development Co. Competitors

Sumou Real Estate

SASE:4323

ر.س2.4b

Retal Urban Development

SASE:4322

ر.س7.8b

Dar Al Arkan Real Estate Development

SASE:4300

ر.س15.1b

Enma Al Rawabi

SASE:9521

ر.س840.0m

Price History & Performance

Summary of share price highs, lows and changes for View United Real Estate Development
Historical stock prices
Current Share Price	ر.س7.94
52 Week High	ر.س10.70
52 Week Low	ر.س6.31
Beta	0
1 Month Change	7.01%
3 Month Change	5.87%
1 Year Change	10.28%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	15.41%

Recent updates

Shareholder Returns

	9591	SA Real Estate	SA Market
7D	-19.6%	-0.1%	0.04%
1Y	10.3%	18.8%	-9.9%

Return vs Industry: 9591 matched the SA Real Estate industry which returned 18.8% over the past year.

Return vs Market: 9591 exceeded the SA Market which returned -9.9% over the past year.

Price Volatility

Is 9591's price volatile compared to industry and market?
9591 volatility
9591 Average Weekly Movement	10.0%
Real Estate Industry Average Movement	4.6%
Market Average Movement	4.0%
10% most volatile stocks in SA Market	7.9%
10% least volatile stocks in SA Market	2.5%

Stable Share Price: 9591's share price has been volatile over the past 3 months compared to the SA market.

Volatility Over Time: 9591's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of SA stocks.

About the Company

Founded	Employees	CEO	Website
2011	49	n/a	view.sa

View United Real Estate Development Co., together with its subsidiaries, engages in the real estate development activities in the Kingdom of Saudi Arabia. It is involved in purchasing and selling lands and properties; off-plan sales; managing and leasing owned or leased residential properties; real estate brokerage activities; and property management activities for commission. The company also engages in the general construction of residential and government buildings; general construction of non-residential buildings, such as schools, hospitals, and hotels; construction of airports and their facilities, as well as prefabricated buildings on sites; and restorations of residential and non-residential buildings.

View United Real Estate Development Co. Fundamentals Summary

How do View United Real Estate Development's earnings and revenue compare to its market cap?
9591 fundamental statistics
Market cap	ر.س281.82m
Earnings (TTM)	ر.س18.70m
Revenue (TTM)	ر.س79.84m

14.0x

P/E Ratio

3.3x

P/S Ratio

Is 9591 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
9591 income statement (TTM)
Revenue	ر.س79.84m
Cost of Revenue	ر.س54.93m
Gross Profit	ر.س24.91m
Other Expenses	ر.س6.20m
Earnings	ر.س18.70m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.57
Gross Margin	31.20%
Net Profit Margin	23.43%
Debt/Equity Ratio	56.7%

How did 9591 perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

53%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/25 15:16
End of Day Share Price	2024/12/25 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

View United Real Estate Development Co. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution