Financials Saudi Real Estate Company

Equities

4020

SA0007870047

Real Estate Development & Operations

End-of-day quote Saudi Arabian S.E. 06:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
21.96 SAR -0.18% Intraday chart for Saudi Real Estate Company -2.40% +37.77%

Valuation

Fiscal Period: December 2022 2023 2024 2025
Capitalization 1 4,282 5,978 8,235 -
Enterprise Value (EV) 1 4,282 8,267 9,956 9,445
P/E ratio 33.6 x 88.6 x 31.7 x 26 x
Yield - - - -
Capitalization / Revenue - 3.29 x 2.73 x 2.54 x
EV / Revenue - 4.56 x 3.3 x 2.91 x
EV / EBITDA - - - -
EV / FCF - - - -
FCF Yield - - - -
Price to Book - 1.26 x 1.64 x 1.5 x
Nbr of stocks (in thousands) 375,000 375,000 375,000 -
Reference price 2 11.42 15.94 21.96 21.96
Announcement Date 4/9/23 3/3/24 - -
1SAR in Million2SAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2022 2023 2024 2025
Net sales 1 - 1,814 3,017 3,246
EBITDA - - - -
EBIT 1 - 337.2 566.7 632
Operating Margin - 18.59% 18.78% 19.47%
Earnings before Tax (EBT) - - - -
Net income 110.4 - - -
Net margin - - - -
EPS 2 0.3400 0.1800 0.6934 0.8438
Free Cash Flow - - - -
FCF margin - - - -
FCF Conversion (EBITDA) - - - -
FCF Conversion (Net income) - - - -
Dividend per Share - - - -
Announcement Date 4/9/23 3/3/24 - -
1SAR in Million2SAR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2022 2023 2024 2025
Net Debt 1 - 2,289 1,721 1,210
Net Cash position 1 - - - -
Leverage (Debt/EBITDA) - - - -
Free Cash Flow - - - -
ROE (net income / shareholders' equity) - 1.45% 5.4% 6.03%
ROA (Net income/ Total Assets) - - - -
Assets - - - -
Book Value Per Share 2 - 12.70 13.40 14.60
Cash Flow per Share 2 - -0.2300 1.180 1.350
Capex 1 - 131 84.4 82.8
Capex / Sales - 7.2% 2.8% 2.55%
Announcement Date 4/9/23 3/3/24 - -
1SAR in Million2SAR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
21.96 SAR
Average target price
22.5 SAR
Spread / Average Target
+2.46%
Consensus

Annual profits - Rate of surprise

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