1. Kuwait Stocks

  2. •

    Finance

  3. •

    Real estate development
Al-Mazaya Holding Co. SAKC

Al-Mazaya Holding Co. SAKC

0.86
AED
0.00
(0.00%)
0.00EPS
428.90MMarket Cap
Al-Mazaya Holding Co. SAKC
DFM:MAZAYA
(Dubai Financial Market)

Recent

price

0.86

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
KWD
0.03
0.13
0.06
0.04
0.03
0.1
0.09
0.11
0.04
0.05
0.03
0.02
0.02
0.03
0.03
0.02
0.01
Revenue per Share
-0.03
-0.03
- -
0.01
0.01
0.02
0.02
0.01
0.01
-0.01
-0.01
- -
-0.02
-0.04
- -
- -
- -
Basic EPS, GAAP
0.05
- -
- -
0.02
-0.01
0.01
- -
0.01
- -
0.01
0.02
0.01
0.02
0.01
0.01
0.01
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
0.01
0.01
0.01
0.01
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.28
0.16
0.15
0.17
0.17
0.17
0.18
0.18
0.15
0.13
0.11
0.09
0.08
0.08
0.09
0.09
0.09
Book Value per Share
0.28
0.15
0.15
0.16
0.16
0.17
0.17
0.17
0.15
0.13
0.11
0.09
0.07
0.08
0.09
0.09
0.09
Tangible Book Value per Share
519
675
607
607
607
607
609
611
613
615
616
675
675
626
519
512
1,994
Basic Weighted Avg Shares
14
88
34
26
17
60
55
69
22
28
19
13
16
16
13
12
11
Sales/Revenue/Turnover
-44.95
30.65
16.2
16.14
12.86
19.84
19.14
8.57
23.51
1.96
12.08
55.44
39.81
42.14
54.17
55.51
56.24
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
-17
-22
- -
6
8
9
10
7
5
-9
-8
- -
-13
-27
1
2
- -
Net Income, GAAP
- -
- -
- -
0.79
2.85
3.93
2.36
1.07
2.32
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-125.48
-24.87
0.87
23.1
48.52
15.58
18.58
10.53
23.14
-31.47
-45.29
3.57
-82.78
-166.46
9.18
14.58
-2.79
Profit Margin (%)
-149
15
11
21
28
27
34
38
32
27
- -
24
9
6
8
6
6
Working Capital
2
38
31
42
56
72
74
72
86
110
93
101
115
92
74
66
64
LT Debt
124
87
88
97
108
111
118
119
104
93
80
76
63
51
48
47
46
Total Equity
- -
- -
7.22
7.39
4.77
7.96
6.14
6.34
3.64
- -
- -
1.55
- -
- -
6.83
5.04
- -
Return on Invested Capital (%)
- -
- -
2.6
3.67
6.19
6.85
6.64
5
4.39
- -
- -
2.6
- -
- -
4.65
5.05
- -
Return on Capital (%)
-11.88
-20.72
0.34
6.89
8.44
9.1
9.66
6.72
5.15
-10.25
-11.54
0.73
-22.75
-57.25
2.8
3.74
-0.7
Return on Common Equity (%)

Capital Structure

KWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3
2
3
LT Borrowings
42
41
41
LT Finance Leases
24
23
23
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
516
512
512
Market Capitalization
36
37
36

Working Capital

KWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
15
16
16
Cash, Cash Equivalents & STI
4
5
5
Accounts Receivable, Net
1
1
2
Inventories
10
10
10
Total Current Liabilities
9
8
10
Payables & Accruals
- -
- -
- -
ST Debt
3
2
3
Deferred Revenue
- -
- -
- -

Growth Rates

KWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-7.93%
-9.76%
-1.23%
Free Cash Flow
-744.32%
-5.02%
-3.67%
Net Income, GAAP
-323.57%
-582.34%
42.41%
Sales/Revenue/Turnover
-9.42%
-7.28%
-10.4%
Total Cash Common Dividend
3.57%
36.35%
-91.69%

Quarterly Revenue

KWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4
3
3
3
13
2025
3
3
3
3
12
2026
3
3
- -
- -
- -

Quarterly Earnings Per Share

KWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

KWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Al-Mazaya Holding Company - K.S.C. (Public) is a Kuwait-based real estate development and investment company operating primarily in Kuwait and the broader Middle East, including the United Arab Emirates, Saudi Arabia, Oman, Bahrain, and Turkey. The company develops a comprehensive range of real estate products and services including deluxe villas and high-class residential buildings; commercial properties comprising office and retail buildings; and health projects such as medical centers and hospitality developments. It is also engaged in land purchasing, ownership, and sale, alongside large-scale land development. Additionally, Al-Mazaya provides extensive property-related services including marketing and sales management, project management, property and portfolio management, brokerage, and real estate research services. The company manages and operates various assets including hotels, health clubs, recreational parks, gardens, exhibition grounds, restaurants, residential and commercial complexes, as well as tourist and health resorts. Founded in 1998 with headquarters in Kuwait City, Al-Mazaya operates through subsidiaries and joint-stock companies especially in Turkey, where it holds majority stakes in key projects such as Ritim Istanbul. Recent major corporate developments include the acquisition of First Dubai Real Estate Development Company, which increased its paid-up capital by approximately 4 million Kuwaiti dinars. The company also recently boosted its stake in a Turkish real estate company to 90% from 40%. Al-Mazaya continues expanding its footprint with new projects such as medical centers in Kuwait aligned with high international healthcare standards and luxury residential towers in Dubai near the Dubai International Financial Center. Furthermore, the company is pursuing potential strategic mergers, including a preliminary deal with Waterfront Real Estate to study a merger. Strategic partnerships also extend into allied sectors such as fuel infrastructure, highlighting diversification and regional growth ambitions. Al-Mazaya emphasizes strategic alliances and partnerships to enhance competitive advantage and operational scope across its markets. Its diversified portfolio targets high-end residential, commercial, medical, and hospitality segments, servicing a mix of private investors, corporate clients, and institutional customers in the Gulf Cooperation Council region and neighboring markets. The company integrates investment, development, asset management, and operational services to maintain robust growth and deliver multi-sector real estate solutions. This comprehensive real estate conglomerate commands a solid regional presence supported by sustained capital investment, strategic acquisitions, and expansion into synergistic service sectors, embodying a diversified platform for long-term growth in the Middle East’s real estate market.