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9640.SR$24.01-8.71%
Fair $24.01+0.0%

9640.SR

ASAS Makeen Real Estate Development and Investment Company

Real Estate / Real Estate ServicesSaudi

$24.01

-2.29 (-8.71%)

Fairly Valued+0.0%Fair Value $24.01Fund rank 26/100 · Data gapFallback financials|
SA 37/D
F-Score: 1/9

Book/ROE base 3Y

n/d

n/d CAGR · P/B n/d

Book/ROE base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 100% · confianza 20%

Book/ROE escenarios

weak_data · book/share n/d · quality 100.0/100

Data gap 26/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 33/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

37/100

D

Piotroski

1/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

12/100

SEC 0%

Latest source: unknownPeriods: 3Warnings: 0unknown: 3
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific NAV/AFFO model required: REIT/real-estate targets are disabled until FFO/AFFO/NAV/cap-rate data exists. REIT NAV/AFFO valuation requires positive AFFO/share history or TTM AFFO/share; generic FCF remains disabled.
Thesis & Journal · 9640.SRLocal privado en este navegador · ASAS Makeen Real Estate Development and Investment Company
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$720M

P/E

5.5x

↓

EV/EBITDA

4.4x

↓

ROE

27.7%

↑

Gross Margin

22.2%

↓

Debt/Equity

0.85

↑
52-Week Range$24
$21$40

TradingView lightweight chart

9640.SR price, volumen y niveles de valoración

Último $24.01Periodo -24.0%
Fair value: $24.01

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2023–2025 · 2 años de histórico normalizado

Revenue CAGR

—

FCF CAGR

—

FCF margin

-58.7%

FCF / Net income

-1.83x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $405.2M · net income $129.9M · FCF $-237.7M

2023-FY → 2025-FY

Gross margin

22.2%— pts

Operating margin

16.8%— pts

Net margin

32.1%— pts

FCF margin

-58.7%— pts
MetricTTM
2025
2024
2023
Income Statement
Revenue$405.2M$405.2M$431.1M—
Net Income$129.9M$129.9M$111.3M—
EBITDA$143.1M$143.1M$116.0M—
EPS——11.13—
Gross Margin22.2%22.2%29.3%—
Operating Margin16.8%16.8%25.2%—
Net Margin32.1%32.1%25.8%—
Balance Sheet
Debt/Equity0.850.850.500.12
Current Ratio4.624.62——
Cash Flow
Free Cash Flow$-237.7M$-237.7M$-27.8M—
Returns
ROE27.7%27.7%34.8%—
Valuation
P/E5.555.55——
EV/EBITDA4.424.42——
P/B0.510.51——
Growth & Yield
Revenue Growth-6.0%-6.0%——

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · available periodreconcilia total -24.0%

Total return

-24.0%

Start / end P/E

n/dx → n/dx

EPS bridge

11.13 → n/d

Residual

-24.0%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-24.0%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.