Emaar The Economic City (4220.SR)

Saudi Arabia · Construction and Real Estate · SAR

Key financials

ROE: -0.12%; 2025 (actual)
ROA: -0.06%; 2025 (actual)
Gross Margin: 42.53%; 2025 (actual)
Net Margin: -0.78%; 2025 (actual)
Total Assets: SAR 15,681.91M; 2025 (actual)
Net Income: -SAR 8.90M; 2025 (actual)
Valuation: SAR 8,838.13M; 2026 (forecast)
Stock Price: SAR 10.01; 2026 (forecast)

Historical & projected performance

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

Metric	2025 (actual)	2026 (forecast)	2027	2028	2029	2030	2031
ROE	-0.12%	-0.36%	0.88%	0.6%	0.81%	0.75%	0.92%
Sector average	-	6.56%	6.64%	5.4%	4.34%	0.77%	5.53%
ROA	-0.06%	-0.21%	0.51%	0.33%	0.42%	0.37%	0.45%
Sector average	-	4.34%	4.4%	4.02%	3.87%

Amounts in SAR (millions); 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 2026. Projections are model estimates, not investment advice.

Want the full financial forecast report for Emaar The Economic City? It covers the balance sheet, income statement and Equlion model projections.

Gross Margin	42.53%	41.02%	41.02%	41.02%	41.02%	41.02%	41.02%
Sector average	-	63.89%	63.89%	63.89%	63.89%	63.89%	46.27%

Net Margin	-0.78%	-2.87%	6.35%	4%	5.01%	4.48%	5.44%
Sector average	-	22.69%	28.44%	26.27%	26.79%	26.4%	27.3%

Total Assets	SAR 15,681.91M	SAR 15,440.82M	SAR 16,268.61M	SAR 17,422.72M	SAR 18,445.51M	SAR 19,038.67M	SAR 19,372.20M
Sector average	-	SAR 5,090.61M	SAR 5,413.16M	SAR 5,807.88M	SAR 6,179.97M	SAR 6,465.64M	SAR 15,926.07M

Net Income	-SAR 8.90M	-SAR 33.30M	SAR 80.51M	SAR 55.44M	SAR 74.79M	SAR 69.57M	SAR 86.35M
Sector average	-	SAR 161.49M	SAR 212.12M	SAR 215.92M	SAR 233.23M	SAR 240.08M	SAR 612.22M

Valuation	-	SAR 8,838.13M	SAR 8,748.38M	SAR 8,942.38M	SAR 9,041.17M	SAR 9,266.23M	SAR 9,435.02M
Sector average	-	SAR 2,822.25M	SAR 2,786.98M	SAR 2,814.37M	SAR 2,832.02M	SAR 2,902.12M	SAR 6,965.21M

Stock Price	-	SAR 10.01	SAR 9.91	SAR 10.13	SAR 10.24	SAR 10.49	SAR 10.69
Sector average	-	SAR 14.31	SAR 13.88	SAR 14.15	SAR 14.23	SAR 14.54	SAR 16.25