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Page: Company Financials

Al Rajhi REIT Fund

Ticker: 4340.SR | Industry: REIT - Diversified | Sector: Real Estate
$8.12 +0.09 (1.12%)
As of: 2026-01-27

Master Data Export

Enterprise Value

Metric 2024 2023 2022 2021 2020 2019 2018
Stock Price 8.32 9.32 9.48 11.40 9.12 9.18 8.61
Market Capitalization 2,293.05M 2,012.75M 1,534.41M 1,845.18M 1,475.34M 1,219.81M 1,052.15M
(-) Cash & Equivalents 11.69M 506.30M 0.58M 0.09M 0.14M 0.28M 18.73M
(+) Total Debt 896.40M 896.40M 896.40M 791.25M 791.25M 624.08M 199.95M
Enterprise Value 3,177.77M 2,402.84M 2,430.23M 2,636.34M 2,266.45M 1,843.62M 1,233.37M

Income Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Revenue 474M 292M 240M 192M 158M 130M 169M 116M 92M
Cost of Revenue 117M 48M 79M 5M 47M 45M 47M 13M 10M
Gross Profit 357M 244M 161M 187M 111M 85M 121M 102M 82M
Gross Profit Margin 75.4% 83.6% 67.1% 97.5% 70.4% 65.4% 71.9% 88.4% 89.3%
R&D Expenses 0M 0M 0M 0M 0M 0M 0M 0M 0M
SG&A Expenses 22M 21M 2M 21M 17M 17M 18M 13M 10M
Operating Expenses 71M 224M 2M 54M 44M 62M 66M 35M 24M
Operating Income (EBIT) 286M 20M 159M 133M 68M 23M 55M 67M 58M
Operating Income Margin 60.4% 7.0% 66.4% 69.4% 42.9% 17.9% 32.5% 57.9% 63.0%
Interest Income 0M 46M 0M 0M 0M 0M 0M 0M 0M
Interest Expense 25M 45M 55M 52M 33M 21M 27M 19M 14M
Net Interest Income -25M 1M -55M -52M -33M -21M -27M -19M -14M
Unusual Items 69M 308M 83M -6M 78M -177M -16M 8M 6M
EBT Excluding Unusual Items 261M 21M 104M 81M 35M 2M 28M 48M 44M
Pre-Tax Income 330M 329M 187M 76M 113M -175M 12M 56M 50M
Pre-Tax Margin 69.7% 112.6% 78.2% 39.3% 71.7% -134.4% 7.4% 48.4% 54.1%
Income Tax Expense 0M 242M 0M 0M -44M 227M 90M 18M 0M
Net Income 330M 102M 187M 76M 113M -175M 12M 56M 50M
Net Income Margin 69.7% 34.8% 78.2% 39.3% 71.7% -134.4% 7.4% 48.4% 54.1%
Depreciation & Amortization 120M -58M 48M 38M 30M 29M 29M 18M 14M
EBITDA 406M -38M 207M 172M 98M 52M 84M 85M 72M
EBITDA Margin 85.8% -13.1% 86.6% 89.4% 61.8% 39.8% 49.8% 73.4% 78.0%
NOPAT 286M 5M 159M 133M 94M 18M -343M 45M 58M
NOPAT Margin 60.4% 1.8% 66.4% 69.4% 59.4% 14.1% -203.2% 39.1% 62.9%
Owner's Earnings 450M 43M 236M 114M 143M -146M 42M 74M 63M
Owner's Earnings Margin 95.1% 14.8% 98.4% 59.3% 90.6% -112.4% 24.7% 63.9% 69.0%
EPS (Basic) 1.20 0.63 0.68 0.27 0.70 -1.08 0.08 0.23 0.41
EPS (Diluted) 1.20 0.63 0.68 0.27 0.70 -1.08 0.08 0.35 0.41
Shares (Basic) 276M 162M 276M 276M 162M 162M 162M 162M 122M
Shares (Diluted) 276M 162M 276M 276M 162M 162M 162M 162M 122M

Balance Sheet

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Cash & Cash Equivalents 13.14M 0.13M 0.13M 0.13M 0.13M 0.13M 0.13M 0.13M 0.01M
Short-Term Investments 80.03M 130.11M 130.11M 58.71M 86.34M 65.89M 64.82M 0.00M 59.39M
Cash & Short-Term Investments 93.16M 130.23M 130.23M 58.84M 86.46M 66.01M 64.95M 0.13M 59.40M
Net Receivables 93.34M 68.82M 68.82M 63.37M 24.82M 29.32M 39.69M 5.20M 12.71M
Inventory 0.00M 0.00M 0.00M 0.00M 11.58M 4.25M 9.00M 40.04M -12.71M
Other Current Assets 0.96M 1.06M 1.06M 1.50M 0.00M 0.00M 1.04M 38.99M 1.66M
Total Current Assets 187.47M 200.11M 200.11M 123.72M 122.86M 99.58M 114.68M 84.35M 61.05M
Property, Plant & Equipment 2,997.81M 2,986.05M 2,986.05M 3,011.95M 2,053.18M 1,954.66M 2,207.97M 2,301.85M 1,666.61M
Goodwill 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Long-Term Investments 0.00M 0.00M 0.00M 0.40M 0.00M 0.00M 0.00M 0.00M 0.00M
Tax Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Assets 0.13M 0.21M 0.21M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Assets 2,997.94M 2,986.26M 2,986.26M 3,012.35M 2,053.18M 1,954.66M 2,207.97M 2,301.85M 1,666.61M
Total Assets 3,185.40M 3,186.37M 3,186.37M 3,136.06M 2,176.04M 2,054.24M 2,322.65M 2,386.20M 1,727.66M
Accounts Payable 0.00M 1.82M 1.82M 2.44M 1.92M 3.30M 0.87M 1.00M 0.00M
Short-Term Debt 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 145.41M 254.50M 0.00M
Tax Payables 0.00M 0.00M 0.00M 1.45M 1.72M 0.67M 3.50M 0.00M 0.00M
Deferred Revenue 0.00M 0.00M 0.00M 0.00M 14.89M 13.25M 12.77M 9.04M 0.00M
Other Current Liabilities 10.51M 14.94M 36.15M 22.04M -1.56M -3.03M -6.22M 1.16M -3.47M
Total Current Liabilities 10.51M 16.76M 37.97M 25.92M 16.97M 14.18M 156.33M 265.69M -3.47M
Long-Term Debt 896.40M 896.40M 896.40M 896.40M 896.40M 791.25M 645.85M 536.75M 456.91M
Capital Lease Obligations 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Tax Liabilities 0.00M 0.00M 0.00M -25.92M -29.64M -24.38M 0.00M -16.51M -33.05M
Other Non-Current Liabilities 0.00M 0.00M 39.19M 25.92M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Liabilities 896.40M 896.40M 935.59M 896.40M 866.76M 766.87M 645.85M 520.24M 423.87M
Total Liabilities 906.91M 913.16M 973.56M 922.32M 883.73M 781.05M 802.18M 785.94M 420.40M
Preferred Stock 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock 0.00M 0.00M 0.00M 2,213.74M 1,260.54M 1,245.86M 1,511.58M 1,578.44M 1,250.41M
Retained Earnings 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Accumulated OCI 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Minority Interest 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Shareholders’ Equity 0.00M 0.00M 0.00M 2,213.74M 1,260.54M 1,245.86M 1,511.58M 1,578.44M 1,250.41M
Total Equity 0.00M 0.00M 0.00M 2,213.74M 1,260.54M 1,245.86M 1,511.58M 1,578.44M 1,250.41M
Total Liabilities & Equity 906.91M 913.16M 973.56M 3,136.06M 2,144.27M 2,026.92M 2,313.76M 2,364.38M 1,670.81M
Tangible Assets 3,185.40M 3,186.37M 3,186.37M 3,136.06M 2,176.04M 2,054.24M 2,322.65M 2,386.20M 1,727.66M
Tangible Equity 0.00M 0.00M 0.00M 2,213.74M 1,260.54M 1,245.86M 1,511.58M 1,578.44M 1,250.41M
Tangible Book Value 0.00M 0.00M 0.00M 2,213.74M 1,260.54M 1,245.86M 1,511.58M 1,578.44M 1,250.41M
Total Investments 80.03M 130.11M 130.11M 59.12M 86.34M 65.89M 63.88M 0.00M 59.39M
Net Debt 883.26M 896.27M 896.27M 896.27M 896.27M 791.13M 791.13M 791.13M 456.91M

Capital Metrics

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Working Capital 146.0M 160.9M 160.9M 97.8M 103.8M 82.5M -50.5M -186.7M 40.7M
Total Capital 3,143.9M 3,147.2M 3,147.2M 3,110.1M 2,156.9M 2,037.1M 2,302.8M 2,369.7M 1,707.3M
Capital Employed 3,143.9M 3,147.2M 3,147.2M 3,110.1M 2,156.9M 2,037.1M 2,157.4M 2,115.2M 1,707.3M
Invested Capital 3,130.8M 3,147.1M 3,147.1M 3,110.0M 2,156.8M 2,037.0M 2,302.7M 2,369.6M 1,707.3M

Cash Flow Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Net Income 329.97M 101.60M 187.25M 75.55M 113.41M -175.08M 12.45M 56.10M 49.65M
Depreciation & Amortization 95.85M 59.30M 48.36M 38.27M 29.93M 28.60M 29.21M 17.93M 13.75M
Deferred Income Tax 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Stock-Based Compensation 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Change in Working Capital 118.53M -173.26M 5.55M -31.89M -4.69M -11.47M -27.99M -50.33M 18.68M
Accounts Receivable -49.36M -23.13M -8.15M -37.21M -6.67M -10.76M -60.24M 3.55M -12.48M
Inventory 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Accounts Payable 4.48M 8.55M 4.48M -2.14M 0.24M 4.02M -0.42M -2.53M 2.96M
Other Working Capital 163.41M -158.69M 9.23M 7.46M 1.74M 0.24M 32.67M -51.35M 28.20M
Other Non-Cash Items -255.21M 306.46M -88.32M 3.95M -43.75M 236.70M 76.50M 2.79M -0.23M
Net Cash from Operating Activities 289.14M 160.93M 152.83M 85.88M 94.91M 78.75M 90.17M 26.50M 81.84M
Capital Expenditures (PPE) 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Acquisitions (Net) 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Purchases of Investments -560.12M -360.80M -560.12M -160.35M -163.25M -106.69M -239.71M -40.04M -59.14M
Sales / Maturities of Investments 553.69M 285.37M 553.69M 190.83M 144.57M 106.10M 216.14M 60.57M 0.00M
Other Investing Activities -920.56M -38.19M 1.54M -1,002.72M -98.75M -2.36M -0.23M -420.81M -485.15M
Net Cash from Investing Activities -927.00M -75.43M -4.89M -972.24M -117.43M -2.96M -23.80M -400.29M -544.29M
Net Debt Issuance 0.00M 0.00M 0.00M 0.00M 105.15M 0.00M 0.00M 334.34M 57.01M
Long-Term Debt Issuance 0.00M 0.00M 0.00M 0.00M 105.15M 0.00M 0.00M 334.34M 57.01M
Short-Term Debt Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Stock Issuance -0.65M 0.00M 0.00M 1,010.59M 0.00M 0.00M 0.00M 116.62M 426.70M
Common Stock Issuance 0.00M 0.00M 0.00M 1,010.59M 0.00M 0.00M 0.00M 116.62M 426.70M
Common Stock Repurchased -0.65M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Preferred Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Dividends Paid -275.51M -189.47M -147.94M -124.23M -82.63M -75.79M -66.37M -77.05M -21.24M
Common Dividends Paid -275.51M -94.73M -147.94M -124.23M -82.63M -75.79M -66.37M -77.05M -21.24M
Preferred Dividends Paid 0.00M -75.77M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Financing Activities -72.31M 626.29M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Cash from Financing Activities -348.47M 926.92M -147.94M 886.36M 22.52M -75.79M -66.37M 373.90M 462.47M
Effect of FX on Cash 0.00M -1,012.26M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 462.44M
Net Change in Cash -493.17M 0.04M 0.00M 0.00M 0.00M 0.00M 0.00M 0.12M 462.47M
Cash at Beginning of Period 23.50M 1.35M 0.13M 0.13M 0.13M 0.13M 0.13M 0.01M -462.46M
Cash at End of Period -469.67M 1.39M 0.13M 0.13M 0.13M 0.13M 0.13M 0.13M 0.01M
Operating Cash Flow 256.20M 160.93M 152.83M 85.88M 94.91M 78.75M 90.17M 26.50M 81.84M
Capital Expenditure 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Free Cash Flow 256.20M 160.93M 152.83M 85.88M 94.91M 78.75M 90.17M 26.50M 81.84M

Free Cash Flow

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
EBITDA 455.62M 164.94M 207.41M 204.87M 124.53M 97.24M 132.45M 106.97M 85.97M
(-) Tax Adjustment 0.00M 57.73M 0.00M 0.00M 0.00M 0.00M 46.36M 34.69M 0.23M
(-) Change In Working Capital 118.53M -173.26M 5.55M -31.89M -4.69M -11.47M -27.99M -50.33M 18.68M
(-) Capital Expenditure 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Unlevered Free Cash Flow 337.09M 280.47M 201.85M 236.76M 129.22M 108.71M 114.08M 122.60M 67.06M
(-) Net Interest Income After Taxes -25.28M 0.48M -54.84M -52.17M -32.69M -21.03M -17.24M -13.09M -13.85M
Net Debt Issuance 0.00M 0.00M 0.00M 0.00M 105.15M 0.00M 0.00M 334.34M 57.01M
Levered Free Cash Flow 362.37M 280.00M 256.70M 288.93M 267.06M 129.74M 131.32M 470.03M 137.91M