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    Real estate development
Tamdeen Real Estate Co. K.S.C.C.

Tamdeen Real Estate Co. K.S.C.C.

KKSE:TAM
389.00
KWF
-2.00
(-0.51%)
76.94EPS
7.52P/E
162.61BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.02
0.02
0.02
0.02
0.02
0.03
0.05
0.03
0.05
0.06
0.06
0.06
0.07
0.07
Basic EPS, GAAP
0.01
0.02
0.02
0.02
0.02
0.01
0.02
-0.03
0.03
0.04
0.04
0.04
0.05
0.05
Free Cash Flow per Basic Share
0.01
-0.02
-0.03
0.04
0.02
0.02
0.01
0.01
0.01
0.02
0.02
0.01
0.03
0.09
Dividend per Share
0.01
0.01
0.01
0.01
0.01
0.01
0.01
- -
- -
0.01
0.01
0.02
0.02
0.02
Book Value per Share
0.27
0.32
0.31
0.32
0.34
0.36
0.49
0.38
0.48
0.56
0.57
0.64
0.72
0.73
Tangible Book Value per Share
0.27
0.32
0.31
0.32
0.34
0.36
0.48
0.38
0.48
0.55
0.57
0.64
0.72
0.66
Basic Weighted Avg Shares
429
422
417
406
404
403
403
402
402
402
401
401
401
401
Sales/Revenue/Turnover
9
10
10
10
8
11
20
12
22
24
24
26
28
27
Operating Margin (%)
22.37
18.83
12.65
6.04
6.93
5.79
22.8
-1.22
36.18
37.13
40.38
37.14
46.62
45.88
Depreciation Expense
- -
- -
- -
1
- -
- -
- -
2
2
2
2
2
2
2
Net Income, GAAP
4
7
10
7
8
5
8
-12
11
15
16
15
20
22
Effective Tax Rate (%)
1.1
0.98
0.55
1.01
2.93
3.48
3.62
- -
4.14
3.99
3.36
3.51
3.56
3.41
Profit Margin (%)
46.97
75.06
96.89
77.09
109.66
47.82
37.68
-101.45
52.9
63.57
65.56
60.21
73.81
81.34
Working Capital
12
4
57
-79
-72
62
118
58
83
121
109
122
131
108
LT Debt
103
147
68
74
103
110
83
82
77
73
69
66
62
64
Total Equity
170
209
208
204
221
236
330
261
326
376
378
405
461
485
Return on Invested Capital (%)
0.6
-0.36
0.12
-0.57
-0.11
0.11
0.46
- -
1.53
1.57
1.99
1.75
2.08
1.82
Return on Capital (%)
2.54
2.4
2.46
2.58
2.63
2.16
2.57
- -
2.83
2.67
3.15
3
3.42
3.15
Return on Common Equity (%)
4.23
5.93
7.49
5.74
6.29
3.82
4.46
-7.03
6.54
7.2
6.92
6.34
7.46
7.61

Capital Structure

KWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
120
126
125
LT Borrowings
62
64
63
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
401
401
401
Market Capitalization
182
174
163

Working Capital

KWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
257
254
240
Cash, Cash Equivalents & STI
227
221
221
Accounts Receivable, Net
2
10
13
Inventories
24
24
5
Total Current Liabilities
126
132
131
Payables & Accruals
- -
- -
- -
ST Debt
120
126
125
Deferred Revenue
- -
- -
- -

Growth Rates

KWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.4%
12.35%
13.76%
Free Cash Flow
2.84%
52.46%
140.31%
Net Income, GAAP
-39.38%
-25.22%
31.76%
Sales/Revenue/Turnover
16.37%
20.69%
7.48%
Total Cash Common Dividend
821.51%
1,652.08%
-6.8%

Quarterly Revenue

KWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6
6
6
8
26
2025
7
6
6
7
28
2026
7
6
- -
- -
- -

Quarterly Earnings Per Share

KWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.01
0.01
0.01
0.04
2025
0.01
0.02
0.02
0.01
0.05
2026
0.01
0.02
- -
- -
- -

Quarterly Dividends Per Share

KWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.02
- -
- -
0.02
2025
- -
- -
- -
- -
0.02
2026
- -
0.02
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Mohammed Mustafa Al-Marzouq
Sector
Finance
Industry
Real estate development
Address
Kuwait City Kuwait
IPO Date
Aug 8, 1995
Website
tamdeenre.com
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Business
Tamdeen Real Estate Co. K.S.C.P. is a Kuwait-based property development and investment holding company engaged in the development, acquisition, leasing, and asset management of large-scale commercial, retail, residential, hospitality, and entertainment destinations. Founded in 1982 and headquartered in Kuwait City, Kuwait, the company operates primarily across the State of Kuwait and the wider Gulf Cooperation Council region through two core business segments: Real Estate and Investment. Tamdeen Real Estate Co. K.S.C.P. provides a comprehensive portfolio of real estate and facility offerings, which includes: development, leasing, and management of regional shopping malls, hybrid outlet destinations, and retail lifestyle complexes, including iconic assets such as 360 Kuwait, Al Kout Waterfront, Al Khiran Hybrid Outlet Mall, The Warehouse Kuwait, and community-focused Sama Centers; construction, marketing, and sale of multi-family luxury high-rises, mixed-use communities, and serviced residences, including Tamdeen Square and Grand Hyatt Kuwait Residences; ownership and operation of luxury hospitality facilities, hotel apartments, culinary venues, family entertainment centers, and specialized athletic facilities, including the Rafa Nadal Academy Kuwait and Shaikh Jaber Al Abdullah Al Jaber Al Sabah International Tennis Complex; third-party property management, facility operations, commercial asset maintenance, and event space hosting; and real estate investment advisory, asset utilization planning, corporate finance consulting, and portfolio management services. Operating as the primary real estate flagship of Tamdeen Group alongside affiliate entities such as Tamdeen Investment Company and Manshar Real Estate Company, the firm caters to institutional investors, global retail brands, commercial tenants, and residential buyers. In recent developments, the company broke ground on The Farm Kuwait, a KD 40 million mixed-use commercial, dining, and leisure lifestyle destination in Sabah Al Salem in partnership with Ahmadiah Contracting & Trading Company scheduled for completion in 2027; diversified its strategic investment portfolio through the acquisition of a majority stake in Kuwait-based digital marketplace platform 4Sale International; completed key residential phases of the Tamdeen Square master development; and enhanced flagship tenant and leisure assets across its existing properties, including introducing new interactive entertainment concepts at Al Khiran Mall and achieving regional Diamond-level health-promoting mall classification for 360 Kuwait.