Al Rajhi REIT Fund (4340.SR)
Full history for every metric is available with a Kvantra account
No price history available.
Key financial summary
Financials in SAR| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | SAR m | 169 | 130 | 158 | 192 | 240 | 238 | 239 | 252 |
| Operating profit | SAR m | 148 | 133 | ||||||
| Net profit | SAR m | 12 | -175 | 113 | 76 | 187 | 147 | 123 | 110 |
| EPS reported | SAR | 0.53 | 0.45 | ||||||
| Operating cashflow per share | SAR | 0.46 | 0.40 | ||||||
| Capex per share | SAR | 0.00 | 0.00 | ||||||
| FCF per share | SAR | 0.46 | 0.40 | ||||||
| Free cash flow | SAR m | 127 | 111 | ||||||
| Net debt | SAR m | 776 | 835 | ||||||
| Book value equity | SAR m | 2,255 | 2,227 | ||||||
| Book value per share | SAR | 8.18 | 8.08 | ||||||
| Number of shares | m | 275.61 | 275.61 | ||||||
| DPS (TTM paid) | SAR | 0.52 | 0.54 |
Financial summary
Financials in SAR| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 14.87 | - | ||||||
| P/B LTM | x | 0.96 | 0.98 | ||||||
| P/S LTM | x | 9.11 | 9.09 | ||||||
| P/FCF LTM | x | 17.10 | 19.59 | ||||||
| EV/EBITDA LTM | x | 12.37 | 13.47 | ||||||
| EV/Sales LTM | x | 12.87 | 12.70 | ||||||
| Earnings Yield LTM | % | +6.72% | +5.67% | ||||||
| FCF Yield | % | +5.85% | +5.10% | ||||||
| Quality | |||||||||
| ROE | % | +6.54% | +5.50% | ||||||
| ROIC | % | +4.66% | +4.21% | ||||||
| Operating margin | % | +62.20% | +55.72% | ||||||
| Gross margin | % | +44.45% | +42.83% | ||||||
| FCF/Sales | % | +53.25% | +46.38% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | -22.06% | -33.82% | ||||||
| Sales Growth YoY | % | -0.44% | -0.21% | ||||||
| Net Income Growth YoY | % | -21.29% | -34.23% | ||||||
| FCF Growth | % | -16.92% | -27.47% | ||||||
| Operating Profit Growth | % | -6.74% | -16.28% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | +6.50% | +6.79% | ||||||
| Dividend Growth | % | -4.59% | -1.83% | ||||||
| Payout Ratio | % | +96.67% | +95.81% | ||||||
| FCF/Debt | x | 0.14 | 0.12 | ||||||
| Net Debt/EBITDA | x | 3.61 | 3.79 | ||||||
| EBIT/Net interest | x | 2.93 | 2.50 | ||||||
| Net debt/market cap | % | +41.27% | +41.64% | ||||||
| Net debt/Equity | x | 0.34 | 0.37 | ||||||
| Gross debt/equity | x | 0.40 | 0.41 | ||||||
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
Company overview
Al Rajhi REIT Fund (Al Rajhi REIT) is a Shariah-compliant, closed-ended real estate investment fund whose units are actively traded. Its authorization, including the offering of its units, was granted by the Saudi Arabian Capital Market Authority (CMA) on December 18, 2017 (30/3/1439H). Operating strictly in accordance with the CMA's Real Estate Investment Funds Regulations and REIT Instructions, Al Rajhi REIT is listed and traded on Tadawul. The fund was initially established with a capital of SAR 1,222,006,090, representing 122,200,609 units, each priced at SAR 10. An additional 39,656,248 units were issued in the fourth quarter of 2019 at SAR 8.8 per unit, following an increase in its total asset value, bringing the total number of issued units to 161,856,857. Al Rajhi REIT has a projected lifespan of 99 years, extendable by the Fund Manager with the concurrence of both the Fund Board and the CMA. The primary investment goal of Al Rajhi REIT is to acquire income-generating real estate assets. The fund commits to distributing at least 90% of its net income as semi-annual cash dividends to investors, typically at the end of February and August each year. However, capital gains realized from the divestment of real estate properties are reinvested into new assets to enhance unit holder value, rather than being distributed. The fund currently holds 18 properties, from which it distributes dividends.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
No price history available.
Not enough data to calculate KvantraRank
Based on consensus from external analysts. Not Kvantra's opinion.
Al Rajhi REIT Fund (Al Rajhi REIT) is a Shariah-compliant, closed-ended real estate investment fund whose units are actively traded. Its authorization, including the offering of its units, was granted by the Saudi Arabian Capital Market Authority (CMA) on December 18, 2017 (30/3/1439H). Operating strictly in accordance with the CMA's Real Estate Investment Funds Regulations and REIT Instructions, Al Rajhi REIT is listed and traded on Tadawul. The fund was initially established with a capital of SAR 1,222,006,090, representing 122,200,609 units, each priced at SAR 10. An additional 39,656,248 units were issued in the fourth quarter of 2019 at SAR 8.8 per unit, following an increase in its total asset value, bringing the total number of issued units to 161,856,857. Al Rajhi REIT has a projected lifespan of 99 years, extendable by the Fund Manager with the concurrence of both the Fund Board and the CMA. The primary investment goal of Al Rajhi REIT is to acquire income-generating real estate assets. The fund commits to distributing at least 90% of its net income as semi-annual cash dividends to investors, typically at the end of February and August each year. However, capital gains realized from the divestment of real estate properties are reinvested into new assets to enhance unit holder value, rather than being distributed. The fund currently holds 18 properties, from which it distributes dividends.
Unlock all fundamental data
Sign up for FreeUnlock all fundamental data
Sign up for Free