Musharaka REIT Fund (4335.SR)

Saudi Arabia · Construction and Real Estate · SAR

Key financials

ROE: -16.18%; 2025 (actual)
ROA: -7.27%; 2025 (actual)
Gross Margin: 62.99%; 2025 (actual)
Net Margin: -126.35%; 2025 (actual)
Total Assets: SAR 1,435,455.41K; 2025 (actual)
Net Income: -SAR 109,894.01K; 2025 (actual)
Valuation: SAR 341,709.34K; 2025 (actual)
Stock Price: SAR 3.85; 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	-16.18%	-21.23%	-25.04%	-37.88%	-63.17%	-178.25%
Sector average	7.23%	6.56%	6.64%	5.4%	4.34%	0.77%
ROA	-7.27%	-8.13%	-7.36%	-7.73%	-7.53%	-7.43%
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 Musharaka REIT Fund? It covers the balance sheet, income statement and Equlion model projections.

Net Margin	-126.35%	-130.32%	-116.06%	-121.18%	-119.14%	-118.94%
Sector average	22.67%	22.69%	28.44%	26.27%	26.79%	26.4%

Total Assets	SAR 1,435,455.41K	SAR 1,462,225.59K	SAR 1,538,457.50K	SAR 1,639,569.03K	SAR 1,713,020.54K	SAR 1,751,332.13K
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 109,894.01K	-SAR 117,811.02K	-SAR 110,393.63K	-SAR 122,832.08K	-SAR 126,177.40K	-SAR 128,787.24K
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 341,709.34K	SAR 366,326.83K	SAR 343,262.87K	SAR 381,939.55K	SAR 392,341.64K	SAR 400,456.78K
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 3.85	SAR 4.12	SAR 3.86	SAR 4.30	SAR 4.42	SAR 4.51
Sector average	SAR 12.83	SAR 14.31	SAR 13.88	SAR 14.15	SAR 14.23	SAR 14.54