SEDCO Capital REIT Fund Valuation

Q: What is the Fair Price of 4344 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

4344 (SAR8.2) is trading below our estimate of [[fair value]] (SAR13.88)

Is 4344 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 4344 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 4344 (SAR8.2) is trading below our estimate of fair value (SAR13.88)

Significantly Below Fair Value: 4344 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 4344?

Key metric: As 4344 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 4344. This is calculated by dividing 4344's market cap by their current earnings.
What is 4344's PE Ratio?
PE Ratio	20.8x
Earnings	ر.س73.52m
Market Cap	ر.س1.53b

4344 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	12.7x
Enterprise Value/EBITDA	16x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 4344's PE Ratio compare to its peers?

The above table shows the PE ratio for 4344 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	17.7x
4347 Bonyan REIT Fund	13.8x	n/a	ر.س1.5b
4342 Jadwa Investment - Jadwa Reit Saudi Fund	11.4x	n/a	ر.س1.9b
4340 Al Rajhi REIT Fund	16.3x	n/a	ر.س2.3b
4338 Alahli Capital - Al-Ahli Reit Fund	29.5x	n/a	ر.س980.4m
4344 SEDCO Capital REIT Fund	20.8x	n/a	ر.س1.5b

Price-To-Earnings vs Peers: 4344 is expensive based on its Price-To-Earnings Ratio (20.8x) compared to the peer average (17.7x).

Price to Earnings Ratio vs Industry

How does 4344's PE Ratio compare vs other companies in the Asian REITs Industry?

4 Companies	Price / Earnings	Estimated Growth	Market Cap

4 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 4344 is expensive based on its Price-To-Earnings Ratio (20.8x) compared to the Asian REITs industry average (15.2x).

Price to Earnings Ratio vs Fair Ratio

What is 4344'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.

4344 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	20.8x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 4344's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.