1. Kuwait Stocks

  2. •

    Finance

  3. •

    Financial conglomerates
Ajial Real Estate Entertainment Co.(K.S.C.)

Ajial Real Estate Entertainment Co.(K.S.C.)

KKSE:AREEC
300.00
KWF
+8.00
(+2.74%)
64.64BMarket Cap
Ajial Real Estate Entertainment Co.(K.S.C.)
KSE:AREEC
(Kuwait Stock Exchange)

Recent

price

300.00

P/E

ratio

- -

div

yld

6.51%

ROIC.AI

2008
2009
2010
2011
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
KWD
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
- -
0.01
0.01
0.03
0.04
0.04
- -
Revenue per Share
-0.09
-0.06
- -
-0.02
- -
- -
0.01
0.01
0.01
0.01
0.01
0.02
0.02
0.02
0.03
0.03
- -
Basic EPS, GAAP
- -
0.01
0.03
-0.01
0.01
- -
- -
- -
- -
- -
- -
0.01
0.01
0.01
0.02
0.02
- -
Free Cash Flow per Basic Share
0.02
- -
- -
- -
0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.01
0.02
0.02
Dividend per Share
0.51
0.47
0.55
1.13
0.56
0.56
0.56
0.58
0.58
0.6
0.6
0.62
0.64
0.65
0.67
0.68
0.68
Book Value per Share
0.51
0.47
0.55
1.13
0.56
0.56
0.56
0.58
0.58
0.6
0.6
0.62
0.64
0.65
0.67
0.68
0.68
Tangible Book Value per Share
210
210
210
210
209
209
209
209
209
209
209
209
209
209
209
209
209
Basic Weighted Avg Shares
1
1
1
1
2
2
2
2
2
2
1
1
2
7
8
9
- -
Sales/Revenue/Turnover
613.79
27.85
39.27
60.17
40.87
37.73
36.72
28.38
21.9
22.65
-24.96
-11.84
24.08
48.9
52.28
52.64
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
-18
-12
1
-4
1
1
1
3
2
2
1
4
4
4
6
6
- -
Net Income, GAAP
- -
- -
0.58
- -
2.44
2.25
2.55
2.74
2.58
2.82
2.68
2.51
1.53
3.07
3.49
3.65
- -
Effective Tax Rate (%)
-1,267.84
-816.39
56.94
-282.35
26.16
30.87
60.56
122.25
105.35
116.72
157.41
314.17
180.51
68.76
70.63
71.09
- -
Profit Margin (%)
12
-8
-4
-11
-6
-4
-1
- -
2
2
3
1
-1
- -
2
3
3
Working Capital
36
65
85
87
6
7
10
10
10
14
20
28
32
30
30
30
30
LT Debt
94
86
102
208
116
117
118
121
122
125
126
130
133
137
141
143
142
Total Equity
- -
- -
0.27
- -
-0.03
-0.22
1.76
3.16
1.23
1.81
1.18
2.5
2.97
3.69
4.43
2.62
- -
Return on Invested Capital (%)
- -
- -
0.78
- -
0.28
0.59
1.56
2.67
2.22
1.88
1.28
3.01
2.94
3.65
4.41
4.51
- -
Return on Capital (%)
-18.04
-13.37
0.85
-2.7
0.39
0.65
1.27
2.51
2.02
1.62
1.1
3.26
3.04
3.31
4.26
4.45
- -
Return on Common Equity (%)

Capital Structure

KWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
30
30
30
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
209
209
209
Market Capitalization
66
65
65

Working Capital

KWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
6
8
6
Cash, Cash Equivalents & STI
6
8
5
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
3
7
3
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

KWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.04%
2.54%
1.51%
Free Cash Flow
-8.68%
84.91%
18.99%
Net Income, GAAP
37.9%
49.89%
6.66%
Sales/Revenue/Turnover
- -
69.35%
5.97%
Total Cash Common Dividend
5,496.7%
2,592.2%
106.09%

Quarterly Revenue

KWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2
2
2
2
8
2025
2
2
- -
2
9
2026
2
3
- -
- -
- -

Quarterly Earnings Per Share

KWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.01
0.01
- -
0.03
2025
0.01
0.01
- -
- -
0.03
2026
0.01
0.01
- -
- -
- -

Quarterly Dividends Per Share

KWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.01
- -
- -
0.01
2025
- -
0.02
- -
- -
0.02
2026
- -
0.02
- -
- -
- -
Similar Companies
Strategy Inc (NASDAQ:MSTR)
BitMine Immersion Technologies, Inc. (NYSE:BMNR)
Strive, Inc. (NASDAQ:ASST)
Hyperliquid Strategies Inc (NASDAQ:PURR)
Stablecoin Development Corporation (AMEX:SDEV)
Jio Financial Services Limited (NSE:JIOFIN)
Business
Ajial Real Estate Entertainment Co. (K.S.C.) is a Kuwait-based public shareholding company engaged in real estate development, property management, entertainment operations, and real estate investments. Founded in 1996 and headquartered in Hawally, Kuwait, the company operates primarily across the State of Kuwait through three principal business segments: Real Estate, Entertainment, and Investment. The company's primary products and services include: real estate development and asset management, encompassing the acquisition, master planning, construction, sale, and leasing of commercial shopping centers, residential properties, office complexes, and mixed-use urban spaces; comprehensive property and facilities management services, including tenant administration, commercial cleaning, building security, reception services, and technical common area maintenance through affiliates such as Ecovert FM Kuwait; commercial retail destination operations, anchored by flagship assets such as the Al Andalus mixed-use commercial and lifestyle complex in Hawally—which houses retail stores, food and beverage outlets, medical clinics, offices, and wellness centers—the Ajial Mall and Commercial Center in Fahaheel, and strategic equity development in landmark developments such as the Al Hamra Tower and Luxury Center through Al Hamra Real Estate Company; entertainment and leisure venue management, comprising the ownership, operation, and leasing of cinema theaters and entertainment facilities to private and governmental operators; and investment management, involving direct equity participation in real estate corporations, investment funds, and liquid securities portfolios. In recent developments, Ajial Real Estate Entertainment Co. has advanced the commercial stabilization and tenant leasing of its landmark Al Andalus mixed-use development, expanding its tenant mix across specialized medical, lifestyle, and food and beverage sectors to enhance recurring rental cash flows. The company has also continued the strategic modernization of its facilities management operations, strengthened corporate liquidity, and maintained consistent capital returns and annual dividend distributions supported by sustained revenue and profit growth across its commercial real estate holdings.