New Risk • Jun 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Saudi stocks, typically moving 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Duyuru • May 06
INMAR Company, Annual General Meeting, Jun 11, 2026 INMAR Company, Annual General Meeting, Jun 11, 2026, at 19:30 Arab Standard Time. Location: riyadh Saudi Arabia Upcoming Dividend • May 04
Upcoming dividend of ر.س0.30 per share Eligible shareholders must have bought the stock before 11 May 2026. Payment date: 20 May 2026. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Saudi dividend payers (5.9%). Lower than average of industry peers (3.2%). Reported Earnings • Mar 13
Full year 2025 earnings released: EPS: ر.س2.24 (vs ر.س1.69 in FY 2024) Full year 2025 results: EPS: ر.س2.24 (up from ر.س1.69 in FY 2024). Revenue: ر.س158.7m (up 14% from FY 2024). Net income: ر.س89.4m (up 32% from FY 2024). Profit margin: 56% (up from 49% in FY 2024). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ر.س26.00, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 14x in the Real Estate industry in Saudi Arabia. Total returns to shareholders of 38% over the past three years. Declared Dividend • Aug 20
Final dividend of ر.س0.25 announced Dividend of ر.س0.25 is the same as last year. Ex-date: 21st August 2025 Payment date: 1st September 2025 Dividend yield will be 2.1%, which is lower than the industry average of 3.9%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has not increased over the past 3 years but payments have been stable during that time. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Duyuru • Aug 19
Enma Al Rawabi Company Announces Cash Dividends for the First Half of 2025., Payable on September 1, 2025 Enma Alrawabi Company announced the issuance of a Board of Directors’ resolution to distribution of interim cash dividends to the shareholders for First half of the year 2025. The Total amount distributed: SAR 10,000,000 (Ten million Saudi riyals only). Number of Shares Eligible for Dividends: SAR 40,000,000 (Forty million shares). Eligibility date: August 20, 2025,Distribution Date: September 1, 2025 . Dividend per share: SAR 0.25. Buy Or Sell Opportunity • Jun 22
Now 20% overvalued Over the last 90 days, the stock has fallen 22% to ر.س22.00. The fair value is estimated to be ر.س18.29, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Earnings per share has grown by 43%. Duyuru • May 14
Enma Al Rawabi Company, Annual General Meeting, Jun 03, 2025 Enma Al Rawabi Company, Annual General Meeting, Jun 03, 2025, at 18:45 Arab Standard Time. Location: riyadh Saudi Arabia New Risk • Mar 13
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.8% average weekly change). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ر.س27.10, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 27x in the Real Estate industry in Saudi Arabia. Total loss to shareholders of 17% over the past three years. Buy Or Sell Opportunity • Jan 19
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 20% to ر.س23.30. The fair value is estimated to be ر.س18.93, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Earnings per share has grown by 43%. Buy Or Sell Opportunity • Jan 02
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 12% to ر.س23.66. The fair value is estimated to be ر.س19.19, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Earnings per share has grown by 43%. Buy Or Sell Opportunity • Dec 11
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 18% to ر.س23.60. The fair value is estimated to be ر.س18.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Earnings per share has grown by 43%. New Risk • Sep 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Saudi stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.0% average weekly change). New Risk • Jul 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Saudi stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.6% average weekly change). Duyuru • Apr 26
Enma Al Rawabi Investment & Real Estate Development Company, Annual General Meeting, May 15, 2024 Enma Al Rawabi Investment & Real Estate Development Company, Annual General Meeting, May 15, 2024, at 15:30 Coordinated Universal Time. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ر.س20.00, the stock trades at a trailing P/E ratio of 25.3x. Average trailing P/E is 26x in the Real Estate industry in Saudi Arabia. Total returns to shareholders of 7.9% over the past year. Duyuru • Mar 12
Enma Alrawabi Co. Announces the Distribution of Cash Dividend to Shareholders for the Second Half of the Year 2023, Payable on 28 March 2024 Enma Alrawabi Co. announced the distribution of cash dividend to shareholders for the second half of the year 2023. Dividend per share is SAR 0.25. The eligibility date shall be at the end of trading day 17 March 2024 corresponding to 07 Ramadan 1445H for the shareholders registered in Depository Center Company (Edaa) at the end of the second trading day following the eligibility date. Distribution Date is 28 March 2024. New Risk • Mar 08
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Paying a dividend despite having no free cash flows. New Risk • Oct 31
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Saudi stocks, typically moving 6.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (6.9% average weekly change). Minor Risk Paying a dividend despite having no free cash flows. New Risk • Aug 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Saudi stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.5% average weekly change). Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ر.س22.68, the stock trades at a trailing P/E ratio of 28.5x. Average trailing P/E is 25x in the Real Estate industry in Saudi Arabia. Total returns to shareholders of 13% over the past year. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ر.س23.00, the stock trades at a trailing P/E ratio of 42.7x. Average trailing P/E is 23x in the Real Estate industry in Saudi Arabia. Total loss to shareholders of 33% over the past year. Duyuru • Dec 28
Enma Al Rawabi Investment & Real Estate Development Company Announces Management Changes Enma Alrawabi Company announced the resignation of Mr. Mohammed Mansour Othman Abahussain from the position of CEO due to his special circumstances. The Board of Directors of the company decided, based on the recommendation of the Nominations and Remuneration Committee, Eng. Saud Sayyaf AlQuaifil, to be a new CEO for Enma Alrawabi Company. He will assume his duties as CEO for Enma Alrawabi Company, as of March 16, 2023. Eng. Saud also worked as a consultant to the Ministry of Housing and the Saudi Authority for Accredited Residents (Taqeem). Eng. Saud holds a bachelor's degree in mechanical engineering from King Saud University in 2002. And a master's degree in real estate and construction management from the University of Denver in the United States of America in 2009. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Non-Executive Chairman Fahad Ibrahim Al Mousa was the last director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improved over the past week After last week's 27% share price gain to ر.س23.40, the stock trades at a trailing P/E ratio of 43.4x. Average trailing P/E is 27x in the Real Estate industry in Saudi Arabia. Total loss to shareholders of 37% over the past year. Buying Opportunity • Sep 14
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 5.1%. The fair value is estimated to be ر.س26.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last year. Earnings per share has grown by 25%. Reported Earnings • Sep 12
First half 2022 earnings released: EPS: ر.س0.31 (vs ر.س0.32 in 1H 2021) First half 2022 results: EPS: ر.س0.31 (down from ر.س0.32 in 1H 2021). Revenue: ر.س20.0m (up 2.3% from 1H 2021). Net income: ر.س12.4m (down 3.4% from 1H 2021). Profit margin: 62% (down from 65% in 1H 2021). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ر.س22.00, the stock trades at a trailing P/E ratio of 40x. Average trailing P/E is 28x in the Real Estate industry in Saudi Arabia. Duyuru • Jun 09
Enma Al Rawabi Investment & Real Estate Development Company Announces Executive Appointments Enma Al Rawabi Investment & Real Estate Development Company announced that Mr. Fahad Ibrahim Saad Almousa (non-executive member), appointed as Chairman of the Board of Directors.Mr. Abdulaziz Ibrahim Saad Almousa (executive member) appointed as Vice-Chairman of the Board of Directors and Managing Director. The Nomination and Remuneration Committee has been formed of the following members: Mr. Abdulaziz Mohammad Abdulaziz Almousa (Independent Member), chairman of the Committee, Mr. Fahad Ibrahim Saad Almousa (Non-Executive Member), member of the Committee and Mr. Mohammed Ibrahim Saad Almousa (Non-Executive Member), member of the Committee. The Secretary of the Board and the Company-s representatives to the Capital Market Authority and the Saudi Stock Market Company (Tadawul) have been appointed. In addition, in the above mentioned meeting, the Audit Committee members have been appointed and the Committee terms of reference and remuneration of members have been determined. Duyuru • Jun 06
ENMA Al Rawabi Company Announces the Death of the Chairman of the Board of Directors Abdullah Bin Ibrahim Bin Saad Al Mousa The Board of Directors and employees of ENMA Al Rawabi Company mourns Mr/Abdullah bin Ibrahim Bin Saad Al Mousa Chairman of the Board of Directors (Non-Executive Member) who is passed away on 04 June, 2022. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Chairman of the Board Abdullah Ibrahim Al Mousa was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Apr 08
Enma Alrawabi Co. Announces the Distribution of Cash Dividend for the Fiscal Year 2021 Enma AlRawabi Co announces the decision of the Board of Directors to recommend to the General Assembly to approve distributing cash dividends to shareholders for 2021. The Total amount distributed is SAR 20.000.000. Dividend per share is SAR 0.5. The eligibility of dividends shall be for the shareholders own shares on the end of trading day of the General Assembly meeting (which will be announced later after getting the approval of the concerned authority), and registered in the Company Shareholders register in the Securities Depository Center Co. on the end of the second trading day following the General Assembly Meeting. Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ر.س31.00, the stock trades at a trailing P/E ratio of 47.8x. Average trailing P/E is 26x in the Real Estate industry in Saudi Arabia.