Jadwa Investment - Jadwa Reit Saudi Fund

Jadwa Investment - Jadwa Reit Saudi Fund

4342.SR
Jadwa Investment - Jadwa Reit Saudi FundSA flagSaudi Exchange
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SAR
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(- -)

Recent

price

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P/E

ratio

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div

yld

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ROIC.AI

2018
2019
2020
2021
2022
2023
2024
FRC
0.74
0.85
0.86
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0.85
0.76
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Revenue per Share
0.43
0.49
0.98
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0.42
1.07
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Basic EPS, GAAP
0.46
0.8
0.78
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0.63
0.72
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Free Cash Flow per Basic Share
0.46
0.72
0.73
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0.8
0.8
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Dividend per Share
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Book Value per Share
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9.81
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Tangible Book Value per Share
158
158
158
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187
187
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Basic Weighted Avg Shares
118
134
137
145
158
141
178
Sales/Revenue/Turnover
57.41
60.91
59.47
59.39
58.6
52.88
62.6
Operating Margin (%)
36
37
39
39
41
39
38
Depreciation Expense
67
77
154
28
78
200
56
Net Income, GAAP
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Effective Tax Rate (%)
57.41
57.31
112.78
19.18
49
141.78
31.34
Profit Margin (%)
50
48
45
100
-385
107
56
Working Capital
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128
573
600
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202
542
LT Debt
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1,831
1,737
Total Equity
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126.53
23.12
14.68
17.67
6.03
5.18
Return on Invested Capital (%)
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122.96
45.57
7.61
19.63
69.89
25.34
Return on Capital (%)
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Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
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-5.1%
Free Cash Flow
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2.48%
1.66%
Net Income, GAAP
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56.74%
-72.15%
Sales/Revenue/Turnover
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6.54%
25.99%
Total Cash Common Dividend
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Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
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158
2023
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141
2024
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- -
- -
- -
178

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
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0.42
2023
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1.07
2024
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Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
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0.8
2023
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- -
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0.8
2024
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- -
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Business
Jadwa REIT Saudi Fund (4342.SR) operates as a closed-ended Shariah-compliant real estate investment traded fund managed by Jadwa Investment Company. The fund invests primarily in income-generating real estate assets located in major cities across Saudi Arabia, excluding the Holy Cities of Makkah and Madinah; its portfolio provides diversified exposure across residential, commercial, hospitality, industrial, and educational sectors, including properties such as Marvella Compound, Al Maarifah College, Sulay Warehouse, Al Yaum Newspaper Tower, Al Fannar Compound and Retail, and The Boulevard Riyadh. Established on December 28, 2017, and listed on the Saudi Exchange (Tadawul) on February 11, 2018, the fund is headquartered in Riyadh, Saudi Arabia, with an initial size of SAR 1.58 billion and a 99-year term extendable upon approval. It targets individual and institutional investors seeking regular income through Shariah-compliant real estate investments in the Kingdom's key urban markets. In recent developments, the fund announced a quarterly dividend payout in August 2025 and entered into a one-year operations and management contract renewal in June 2025, reinforcing its commitment to stable distributions amid a H1 2024 dividend payout of SAR 464 million across Saudi REITs. Earlier, in March 2021, it completed the acquisition of The Boulevard Riyadh, financed through a SAR 370 million capital increase via in-kind contributions and new unit issuances, expanding its portfolio and solidifying Jadwa Investment's position as the largest manager of listed REITs in Saudi Arabia. The fund maintains compliance with Capital Market Authority regulations and continues quarterly dividend payments, with a forward yield of approximately 7.41% as of late 2025.