Valuation: Makkah Construction and Development Company

Market Cap 17.53B 4.67B 4.08B 3.77B 3.48B 6.6B 445B 6.71B 45.01B 17.67B 219B 17.15B 754B P/E 2026 *
36.7x
P/E 2027 * 33.8x
Enterprise Value 17.42B 4.64B 4.06B 3.74B 3.46B 6.56B 443B 6.67B 44.73B 17.57B 218B 17.04B 750B EV / Sales 2026 *
15.4x
EV / Sales 2027 * 14.6x
Free-Float
82.25%
Yield 2026 *
1.73%
Yield 2027 * 1.73%
Jul. 07 Tadawul Shares Extend Winning Streak as Saudi Arabia's Construction Activity Improves in June MT
Jul. 07 Makkah Construction and Development Signs Rooms Renovation Deal for Saudi Hotel MT
Jul. 07 Makkah Construction and Development Co. Announces Contract Sign Off with Roots Innovative Industrial Company CI
Jul. 06 Al Rajhi Capital Starts Makkah Construction and Development with Neutral Rating MT
Jun. 25 Makkah Construction and Development Company, Umm Al-Qura for Development and Construction Company, and Al Rajhi Real Estate Union Company Sign Framework Agreements with Royal Commission for Makkah City and Holy Sites CI
Jun. 25 Umm Al Qura for Development and Construction Company, Makkah Construction and Development Company and Al Rajhi United Real Estate Company Sign Framework Agreements with Royal Commission for Makkah City and Holy Sites for Hindawiyah West and Hindawiyah South Development Projects CI
Jun. 17 Makkah Construction and Development Co. Announces the Formation of the Audit Committee Members, Effective June 10, 2026 CI
Jun. 03 Makkah Construction and Development Company Approves Dividend for the Fiscal Year Ended 31 December 2025, Payable on 22 June 2026 CI
Jun. 03 Makkah Construction and Development Company Approves Board Appointments, Effective June 10, 2026 CI
Jun. 01 Umm Al Qura for Development Consortium Wins Infrastructure Development Projects in Saudi Arabia MT
Jun. 01 Makkah Construction and Development Co. Receives Two Awards for Hindawiya West and South Development Projects in Consortium with Umm Al Qura for Development and Construction Company, and Rajhi United Real Estate Company CI
May. 20 Mideast stocks-Gulf bourses fall as US-Iran uncertainty keeps investors cautious RE
May. 16 Makkah Construction and Development Company Reports Earnings Results for the First Quarter Ended March 31, 2026 CI
1 day-0.80%
1 week+0.99%
Current month+4.82%
1 month-0.63%
3 months+0.75%
6 months+10.34%
Current year+9.30%
1 week 84.3
Extreme 84.3
88
1 month 82.7
Extreme 82.7
94.6
Current year 73
Extreme 73
94.6
1 year 67.95
Extreme 67.95
94.6
3 years 50.27
Extreme 50.2689
114.6
5 years 49.44
Extreme 49.4448
114.6
10 years 44.5
Extreme 44.5003
114.6
Manager TitleAgeSince
Chief Executive Officer 44 2024-07-31
Director of Finance/CFO - 2020-04-26
Director TitleAgeSince
Chairman 85 -
Director/Board Member - 2017-08-12
Director/Board Member - 2020-07-11
Change 5-day change 1-year change 3-year change Capi.($)
-0.80%+0.99%-5.33%+42.97% 4.67B
-1.08%-1.45%-0.69%+66.50% 40.86B
+2.10%+3.18%-15.75%+4.64% 17.85B
+0.08%-0.92%+26.30%+98.80% 15.05B
+1.77%-1.87%+0.42%+0.83% 11.02B
+2.01%+2.01%-6.27%-22.80% 9.83B
-3.64%-4.25%-57.51%-38.01% 7.36B
+0.33%-2.13%-16.68%-1.05% 6.6B
-1.49%-2.10%-24.90%+0.12% 4.99B
+0.60%-3.50%+15.38%+50.67% 3.16B
Average -0.01%-0.57%-8.50%+20.27% 12.14B
Weighted average by Cap. -0.00%-0.41%-4.98%+34.16%

Financials

2026 *2027 *
Net sales 1.14B 302M 264M 244M 225M 427M 28.83B 435M 2.91B 1.14B 14.2B 1.11B 48.83B 1.21B 321M 281M 259M 239M 454M 30.63B 462M 3.1B 1.22B 15.09B 1.18B 51.88B
Net income 474M 126M 110M 102M 94.07M 178M 12.04B 181M 1.22B 478M 5.93B 464M 20.39B 514M 137M 120M 110M 102M 194M 13.06B 197M 1.32B 518M 6.43B 503M 22.11B
Net Debt -106M -28.23M -24.69M -22.78M -21.04M -39.92M -2.69B -40.59M -272M -107M -1.33B -104M -4.56B 46M 12.25M 10.72M 9.88M 9.13M 17.32M 1.17B 17.61M 118M 46.38M 576M 45M 1.98B
Logo Makkah Construction and Development Company
Makkah Construction and Development Co SJSC is a Saudi Arabia-based joint stock company that operates in the real estate development sector. The Company is engaged in the construction of areas around the Holy Mosque of Makkah, and the ownership, management, development, investment, rent and purchase properties adjacent to the Holy Mosque. The Company also undertakes all engineering related activities for construction, maintenance, demolition and surveying. In addition, the Company provides services to the commercial market and residential apartments, as well as the operation and management of Makkah Hilton Hotel and Makkah Hilton Towers. The Company provides its services directly or in partnership with other companies.
Employees
-
Date Price Change Volume
26-07-12 SAR 86.95 -0.80% 64,528
26-07-09 SAR 87.65 +0.46% 93,324
26-07-08 SAR 87.25 +1.99% 122,676
26-07-07 SAR 85.55 +0.06% 117,266
26-07-06 SAR 85.50 -1.67% 129,957
Trader
Investor
-
Global
-
Quality
ESG MSCI
B
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
86.95SAR
Average target price
105.00SAR
Spread / Average Target
+20.76%

Annual profits - Rate of surprise

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