Saudi Arabian (Tadawul) REITS Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies14
- 7D-2.5%
- 3M-7.3%
- 1Y-14.8%
- YTD-9.3%
Over the last 7 days, the REITS industry has dropped 2.5%, driven by a pullback from Riyad REIT Fund of 8.5%. Overall the industry is down 15% in 12 months.
Industry Valuation and Performance
Has the Saudi Arabian REITS Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | ر.س14.0b | ر.س1.6b | ر.س327.2m | 26.1x | 42.8x | 8.5x |
| Tue, 16 Apr 2024 | ر.س14.9b | ر.س1.6b | ر.س327.2m | 27.3x | 45.6x | 9.1x |
| Thu, 14 Mar 2024 | ر.س14.1b | ر.س1.6b | ر.س324.3m | 26.3x | 43.5x | 9x |
| Sat, 10 Feb 2024 | ر.س14.2b | ر.س1.6b | ر.س324.3m | 26.1x | 43.7x | 9x |
| Mon, 08 Jan 2024 | ر.س14.3b | ر.س1.6b | ر.س324.3m | 26.4x | 44.1x | 9.1x |
| Wed, 06 Dec 2023 | ر.س13.7b | ر.س1.6b | ر.س324.3m | 25.3x | 42.2x | 8.7x |
| Fri, 03 Nov 2023 | ر.س13.4b | ر.س1.7b | ر.س346.7m | 22.4x | 38.7x | 8.1x |
| Sun, 01 Oct 2023 | ر.س13.1b | ر.س1.6b | ر.س368.1m | 23.1x | 35.7x | 8.4x |
| Tue, 29 Aug 2023 | ر.س13.0b | ر.س1.5b | ر.س531.4m | 19.2x | 24.4x | 8.4x |
| Thu, 27 Jul 2023 | ر.س13.6b | ر.س1.5b | ر.س531.4m | 20.9x | 25.6x | 8.9x |
| Sat, 24 Jun 2023 | ر.س14.1b | ر.س1.8b | ر.س581.6m | 21.3x | 24.3x | 8x |
| Mon, 22 May 2023 | ر.س14.2b | ر.س1.7b | ر.س597.5m | 19.7x | 23.7x | 8.5x |
| Wed, 19 Apr 2023 | ر.س14.3b | ر.س1.7b | ر.س597.5m | 20.2x | 23.9x | 8.5x |
| Fri, 17 Mar 2023 | ر.س15.3b | ر.س1.7b | ر.س471.1m | 23.2x | 32.4x | 9.3x |
| Sun, 12 Feb 2023 | ر.س15.5b | ر.س1.7b | ر.س471.1m | 23.9x | 32.9x | 9.4x |
| Tue, 10 Jan 2023 | ر.س15.8b | ر.س1.7b | ر.س471.1m | 25.9x | 33.6x | 9.6x |
| Thu, 08 Dec 2022 | ر.س15.9b | ر.س1.6b | ر.س447.5m | 25.4x | 35.5x | 9.8x |
| Sat, 05 Nov 2022 | ر.س16.6b | ر.س1.6b | ر.س447.5m | 26.4x | 37.1x | 10.2x |
| Mon, 03 Oct 2022 | ر.س17.1b | ر.س1.6b | ر.س447.5m | 27.5x | 38.2x | 10.5x |
| Wed, 31 Aug 2022 | ر.س17.5b | ر.س1.5b | ر.س177.1m | 25.9x | 98.8x | 11.4x |
| Fri, 29 Jul 2022 | ر.س16.4b | ر.س1.5b | ر.س148.1m | 24.9x | 111x | 10.8x |
| Sun, 26 Jun 2022 | ر.س16.6b | ر.س1.5b | ر.س70.1m | 26.8x | 237x | 10.8x |
| Tue, 24 May 2022 | ر.س17.7b | ر.س1.5b | ر.س70.1m | 28.1x | 252.7x | 11.5x |
| Thu, 21 Apr 2022 | ر.س18.2b | ر.س1.5b | ر.س70.1m | 29.3x | 260.1x | 11.9x |
| Sat, 19 Mar 2022 | ر.س17.9b | ر.س1.5b | ر.س209.7m | 31.4x | 85.4x | 11.7x |
| Mon, 14 Feb 2022 | ر.س18.2b | ر.س1.5b | ر.س209.7m | n/a | 87x | 11.9x |
| Wed, 12 Jan 2022 | ر.س17.9b | ر.س1.5b | ر.س16.4m | 35.9x | 1094.7x | 12.1x |
| Fri, 10 Dec 2021 | ر.س18.1b | ر.س1.5b | ر.س43.4m | 36.2x | 417.3x | 12.1x |
| Sun, 07 Nov 2021 | ر.س18.3b | ر.س1.5b | ر.س43.4m | 36.7x | 421.4x | 12.2x |
| Tue, 05 Oct 2021 | ر.س18.6b | ر.س1.5b | ر.س43.4m | 37.3x | 427.5x | 12.3x |
| Thu, 02 Sep 2021 | ر.س12.6b | ر.س1.0b | -ر.س63,588,718.00 | 38x | -198.2x | 12.3x |
| Sat, 31 Jul 2021 | ر.س12.7b | ر.س1.0b | -ر.س63,588,718.00 | 38x | -199.5x | 12.4x |
Price to Earnings Ratio
-261.4x
Current Industry PE
- Investors are pessimistic on the Saudi REITs industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 42.8x which is lower than its 3-year average PE of 112x.
- The 3-year average PS ratio of 10.3x is higher than the industry's current PS ratio of 8.5x.
Past Earnings Growth
- Total earnings for the REITs industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 18% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Saudi Arabian Real Estate industry?
| SA Market | -0.48% | |
| Real Estate | -5.71% | |
| REITS | -2.53% | |
| Hotel and Resort REITs | 0.89% | |
| Industrial REITs | 0% | |
| Office REITs | 0% | |
| Residential REITs | 0% | |
| Healthcare REITs | 0% | |
| Retail REITs | -2.15% | |
| Diversified REITs | -2.53% | |
| Specialized REITs | -5.82% | |
Industry PE
- Investors are most optimistic about the Diversified REITs industry which is trading above its 3-year average PE ratio.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 4332 Jadwa REIT Al Haramain Fund | ر.س6.64 | 0.8% +ر.س3.3m | -9.9% | n/a | |
| 4334 Al Maather Reit Fund | ر.س8.85 | 0.3% +ر.س1.8m | -1.9% | PB1.1x |