ASAS Makeen Real Estate Development and Investment Company (9640.SR)

Saudi Arabia · Construction and Real Estate · SAR

Key financials

ROE: 32.9%; 2025 (actual)
ROA: 15.42%; 2025 (actual)
Gross Margin: 22.23%; 2025 (actual)
Net Margin: 32.07%; 2025 (actual)
Total Assets: SAR 1,056,999.90K; 2025 (actual)
Net Income: SAR 129,935.39K; 2025 (actual)
Valuation: SAR 815,499.00K; 2025 (actual)
Stock Price: SAR 27.18; 2025 (actual)

Historical & projected performance

Reported figures and Equlion model projections for the next 5 years.

Metric	2025 (actual)	2026	2027	2028	2029	2030
ROE	32.9%	27.99%	25.08%	20.96%	17.96%	15.25%
Sector average	7.23%	6.56%	6.64%	5.4%	4.34%	0.77%
ROA	15.42%	12.58%	11.92%	11.03%	10.56%	9.68%
Sector average	4.93%	4.34%	4.4%	4.02%	3.87%	3.6%

Amounts in SAR (thousands); stock price per share. Values that are missing or fail Equlion's automated data-quality checks are shown as “-”. Stock price and valuation carry no data date: they are the Equlion model's estimate for 2025. Projections are model estimates, not investment advice.

Want the full financial forecast report for ASAS Makeen Real Estate Development and Investment Company? It covers the balance sheet, income statement and Equlion model projections.

Net Margin	32.07%	28.81%	28.48%	27.29%	27.01%	26.45%
Sector average	22.67%	22.69%	28.44%	26.27%	26.79%	26.4%

Total Assets	SAR 1,056,999.90K	SAR 1,373,098.08K	SAR 1,621,960.43K	SAR 1,778,004.75K	SAR 1,917,698.48K	SAR 2,120,545.43K
Sector average	SAR 4,965,720.59K	SAR 5,090,606.92K	SAR 5,413,159.86K	SAR 5,807,880.99K	SAR 6,179,966.07K	SAR 6,465,637.39K

Net Income	SAR 129,935.39K	SAR 152,838.11K	SAR 178,484.67K	SAR 187,511.40K	SAR 195,088.97K	SAR 195,370.87K
Sector average	SAR 142,950.27K	SAR 161,486.60K	SAR 212,118.96K	SAR 215,920.81K	SAR 233,226.54K	SAR 240,078.24K

Valuation	SAR 815,499.00K	SAR 817,540.10K	SAR 816,668.25K	SAR 819,212.36K	SAR 826,371.77K	SAR 841,424.93K
Sector average	SAR 522,435.42K	SAR 2,822,250.85K	SAR 2,786,978.77K	SAR 2,814,365.96K	SAR 2,832,018.32K	SAR 2,902,118.59K

Stock Price	SAR 27.18	SAR 27.25	SAR 27.22	SAR 27.31	SAR 27.55	SAR 28.05
Sector average	SAR 12.83	SAR 14.31	SAR 13.88	SAR 14.15	SAR 14.23	SAR 14.54