First Avenue Real Estate Development Company (9610.SR)

Saudi Arabia · Construction and Real Estate · SAR

Key financials

ROE: 18.39%; 2025 (actual)
ROA: 8.49%; 2025 (actual)
Gross Margin: 28.45%; 2025 (actual)
Net Margin: 33.96%; 2025 (actual)
Total Assets: SAR 960,095.31K; 2025 (actual)
Net Income: SAR 110,910.66K; 2025 (actual)
Valuation: SAR 1,180,467.84K; 2025 (actual)
Stock Price: SAR 4.14; 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	18.39%	20.62%	17.83%	15.8%	14.12%	12.41%
Sector average	7.23%	6.56%	6.64%	5.4%	4.34%	0.77%
ROA	8.49%	11.81%	10.8%	9.95%	9.19%	8.34%
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 First Avenue Real Estate Development Company? It covers the balance sheet, income statement and Equlion model projections.

Net Margin	33.96%	35.66%	34.92%	34.26%	33.77%	33.11%
Sector average	22.67%	22.69%	28.44%	26.27%	26.79%	26.4%

Total Assets	SAR 960,095.31K	SAR 1,101,471.29K	SAR 1,260,164.69K	SAR 1,426,691.18K	SAR 1,592,611.12K	SAR 1,743,765.91K
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 110,910.66K	SAR 121,777.84K	SAR 127,514.94K	SAR 133,627.50K	SAR 138,711.28K	SAR 139,050.44K
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 1,180,467.84K	SAR 1,174,411.93K	SAR 1,172,826.05K	SAR 1,176,361.50K	SAR 1,186,738.78K	SAR 1,208,356.36K
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 4.14	SAR 4.12	SAR 4.12	SAR 4.13	SAR 4.17	SAR 4.24
Sector average	SAR 12.83	SAR 14.31	SAR 13.88	SAR 14.15	SAR 14.23	SAR 14.54