Arabian Centres Company develops, owns, and operates contemporary lifestyle centers in the Kingdom of Saudi Arabia. More Details
Reasonable growth potential and fair value.
Share Price & News
How has Arabian Centres's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 4321 is less volatile than 75% of SA stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: 4321's weekly volatility (2%) has been stable over the past year.
7 Day Return
SA Real Estate
1 Year Return
SA Real Estate
Return vs Industry: 4321 underperformed the SA Real Estate industry which returned 50.4% over the past year.
Return vs Market: 4321 exceeded the SA Market which returned 17.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Arabian Centres's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIs Now The Time To Look At Buying Arabian Centres Company (TADAWUL:4321)?
4 weeks ago | Simply Wall StA Closer Look At Arabian Centres Company's (TADAWUL:4321) Impressive ROE
1 month ago | Simply Wall StA Look At The Fair Value Of Arabian Centres Company (TADAWUL:4321)
Is Arabian Centres undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 4321 (SAR25.8) is trading above our estimate of fair value (SAR18.98)
Significantly Below Fair Value: 4321 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 4321 is good value based on its PE Ratio (26.9x) compared to the SA Real Estate industry average (59.7x).
PE vs Market: 4321 is good value based on its PE Ratio (26.9x) compared to the SA market (32.7x).
Price to Earnings Growth Ratio
PEG Ratio: 4321 is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: 4321's PB Ratio (2.1x) is in line with the SA Real Estate industry average.
How is Arabian Centres forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 4321's forecast earnings growth (27.4% per year) is above the savings rate (8.8%).
Earnings vs Market: 4321's earnings (27.4% per year) are forecast to grow faster than the SA market (7.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 4321's revenue (12% per year) is forecast to grow faster than the SA market (3.8% per year).
High Growth Revenue: 4321's revenue (12% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 4321's Return on Equity is forecast to be low in 3 years time (12.2%).
How has Arabian Centres performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 4321 has high quality earnings.
Growing Profit Margin: 4321's current net profit margins (23.7%) are lower than last year (34.7%).
Past Earnings Growth Analysis
Earnings Trend: 4321's earnings have declined by 11.8% per year over the past 5 years.
Accelerating Growth: 4321's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 4321 had negative earnings growth (-42%) over the past year, making it difficult to compare to the Real Estate industry average (-52.5%).
Return on Equity
High ROE: 4321's Return on Equity (7.7%) is considered low.
How is Arabian Centres's financial position?
Financial Position Analysis
Short Term Liabilities: 4321's short term assets (SAR1.8B) exceed its short term liabilities (SAR1.3B).
Long Term Liabilities: 4321's short term assets (SAR1.8B) do not cover its long term liabilities (SAR10.7B).
Debt to Equity History and Analysis
Debt Level: 4321's debt to equity ratio (117.8%) is considered high.
Reducing Debt: 4321's debt to equity ratio has increased from 91.4% to 117.8% over the past 5 years.
Debt Coverage: 4321's debt is not well covered by operating cash flow (14.6%).
Interest Coverage: 4321's interest payments on its debt are well covered by EBIT (10.4x coverage).
What is Arabian Centres's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 4321's dividend (4.84%) is higher than the bottom 25% of dividend payers in the SA market (1.49%).
High Dividend: 4321's dividend (4.84%) is in the top 25% of dividend payers in the SA market (4.58%)
Stability and Growth of Payments
Stable Dividend: 4321 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 4321 has only been paying a dividend for 2 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (104.3%), 4321's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 4321's dividends in 3 years are not forecast to be well covered by earnings (107.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Faisal Al Jedaie
Mr. Faisal Abdullah Al Jedaie has been Chief Executive Officer at Arabian Centres Company Limited since May 17, 2020. He has had a distinguished career with wide-ranging experience in the field of business...
Experienced Management: 4321's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Experienced Board: 4321's board of directors are considered experienced (4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Arabian Centres Company's company bio, employee growth, exchange listings and data sources
- Name: Arabian Centres Company
- Ticker: 4321
- Exchange: SASE
- Founded: 2002
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: ر.س12.350b
- Shares outstanding: 475.00m
- Website: https://www.arabiancentres.com
Number of Employees
- Arabian Centres Company
- U Walk Centre
- Prince Turki Ibn Abdulaziz Al Awwal Road
- Saudi Arabia
Arabian Centres Company develops, owns, and operates contemporary lifestyle centers in the Kingdom of Saudi Arabia. It operates a portfolio of 21 lifestyle centers in 11 cities, which comprise approximatel...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/10 23:23|
|End of Day Share Price||2021/06/10 00:00|
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.