AL RAJHI REIT FUNDAA

AL RAJHI REIT FUND

8.14SARD
−0.09−1.09%
At close at 12:18 GMT
SAR
No trades
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4340 fundamentals

Key facts

Market capitalization‪2.27 B‬SAR
Founded2017
CEO
About

Al Rajhi REIT Fund operates as a closed-ended Shariah compliant real estate investment traded fund. Its investment objective is to provide unitholders with current income by investing in income producing real estate assets in Saudi Arabia. The company was founded on December 18, 2017 and is headquartered in Riyadh, Saudi Arabia.

Ownership
‪‪275.61 M‬‬
Free Float shares
‪‪259.44 M‬‬ (94.13%)
Closely held shares
‪‪16.17 M‬‬ (5.87%)
Free Float shares
‪‪259.44 M‬‬ (94.13%)
Closely held shares
‪‪16.17 M‬‬ (5.87%)
Capital structure
Market cap
‪‪2.27 B‬‬
Debt
‪‪896.40 M‬‬
Cash & equivalents
‪‪87.55 M‬‬
Enterprise value
‪‪3.08 B‬‬

Valuation

Fundamental metrics to determine fair value of the stock

Summary
‪‪2.27 B‬‬
Price to earning ratio (P/E)
15.85x
Price to sales ratio (P/S)
9.71x
Market Cap
Net income
Revenue
Price to earning ratio (P/E)
15.85x
Price to sales ratio (P/S)
9.71x
Valuation ratios
‪0.00‬
‪3.50‬
‪7.00‬
‪10.50‬
‪14.00‬
H1 '22
H2 '22
H1 '23
H2 '23
H1 '24
‪0.00‬
‪8.00‬
‪16.00‬
‪24.00‬
‪32.00‬
P/E
P/S

Growth and Profitability

Company’s recent performance and margins

Performance
‪4.5%‬
‪25.5%‬
‪46.5%‬
‪67.5%‬
‪88.5%‬
H1 '22
H2 '22
H1 '23
H2 '23
H1 '24
‪0.00‬
‪‪30.00 M‬‬
‪‪60.00 M‬‬
‪‪90.00 M‬‬
‪‪120.00 M‬‬
Revenue
Net income
Net margin %
Revenue to profit conversion
Revenue
Op expenses
Op income
Int expenses
Non-op income/expenses
Pretax income
Taxes & Other
Net income
‪0.00‬
‪‪30.00 M‬‬
‪‪60.00 M‬‬
‪‪90.00 M‬‬
‪‪120.00 M‬‬
Revenue
Op expenses
Op income
Expenses & adjustments
Net income
‪0.00‬
‪‪30.00 M‬‬
‪‪60.00 M‬‬
‪‪90.00 M‬‬
‪‪120.00 M‬‬

Revenue breakdown

Revenue streams and regions a business earns money from

By source/business
Period: 2023
Real Estate Investment Trust
By country
Period: 2023
Saudi Arabia

Estimates

Revenue and Earnings forecasts and estimates accuracy

Revenue
2022
2023
2024
‪0.00‬
‪‪45.00 M‬‬
‪‪90.00 M‬‬
‪‪135.00 M‬‬
‪‪180.00 M‬‬
Actual
Estimate
Earnings
Next:Mar 24, 2025
2022
2023
2024
‪0.00‬
‪0.20‬
‪0.40‬
‪0.60‬
‪0.80‬
Actual
Estimate

Dividends

Dividend yield, history and sustainability

Dividend summary
103.02%
Payout ratio (TTM)
Dividend yield TTM
6.62%
Last payment
0.14
Last ex-date
Feb 9, 2025
Dividend history
‪5.0%‬
‪5.5%‬
‪6.0%‬
‪6.5%‬
‪7.0%‬
2019
2020
2021
2022
2023
‪0.00‬
‪0.17‬
‪0.34‬
‪0.51‬
‪0.68‬
Dividends per share (FY)
Dividend yield (FY) %