1. Saudi Arabia Stocks

  2. •

    Finance

  3. •

    Real estate development
Alandalus Property Co.

Alandalus Property Co.

TTADAWUL:4320
12.41
SAR
-0.29
(-2.28%)
0.19EPS
258.79P/E
1.30BMarket Cap
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
1.34
1.41
1.57
1.76
1.89
1.8
2.3
2.32
2.31
2.53
2.54
2.87
Basic EPS, GAAP
0.99
0.98
1.27
0.51
0.69
0.15
0.73
0.72
0.39
-0.34
-0.2
0.05
Free Cash Flow per Basic Share
1.29
1.37
1.39
1.07
1.22
1.25
1.94
1.22
1.62
1.28
1.52
1.71
Dividend per Share
- -
0.38
- -
1.5
0.75
0.75
0.62
0.5
0.5
0.25
0.5
0.25
Book Value per Share
9.41
10.11
- -
12.18
11.88
11.28
11.39
11.6
11.48
10.89
10.19
10.32
Tangible Book Value per Share
9.41
10.11
- -
12.18
11.88
11.28
11.39
11.6
11.48
10.89
10.19
10.32
Basic Weighted Avg Shares
95
93
93
93
93
93
93
93
93
93
93
93
Sales/Revenue/Turnover
127
132
147
165
176
168
214
216
215
236
237
268
Operating Margin (%)
51.76
52.49
71.22
36.01
38.15
32.18
44.75
43.63
36.13
35.99
26.79
30.39
Depreciation Expense
13
11
- -
18
29
33
34
33
34
41
39
40
Net Income, GAAP
94
92
118
48
65
14
68
67
36
-32
-18
5
Effective Tax Rate (%)
1.52
1.84
- -
16.46
5.04
26.48
7.25
7.59
10.9
- -
- -
7.75
Profit Margin (%)
74.23
69.74
80.63
29.13
36.82
8.55
31.71
30.9
16.93
-13.4
-7.71
1.87
Working Capital
-34
-71
279
167
186
161
192
212
143
46
10
24
LT Debt
165
117
- -
- -
377
633
673
693
897
954
929
926
Total Equity
878
944
- -
1,348
1,309
1,236
1,241
1,250
1,229
1,160
1,076
1,089
Return on Invested Capital (%)
- -
6.06
- -
- -
6.48
1.99
6.12
6.09
4.68
- -
- -
3.77
Return on Capital (%)
- -
8.77
- -
- -
4.03
1.69
3.6
3.94
3.44
- -
- -
2.5
Return on Common Equity (%)
- -
10.08
- -
- -
5.77
1.33
6.42
6.22
3.38
-3.03
-1.86
0.52

Capital Structure

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
30
30
28
LT Borrowings
863
864
865
LT Finance Leases
65
67
62
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
93
93
93
Market Capitalization
1,689
1,461
1,297

Working Capital

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
147
173
172
Cash, Cash Equivalents & STI
85
69
59
Accounts Receivable, Net
33
76
66
Inventories
- -
- -
- -
Total Current Liabilities
136
169
148
Payables & Accruals
- -
- -
- -
ST Debt
30
30
28
Deferred Revenue
- -
- -
- -

Growth Rates

SAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-2.68%
-7.21%
Free Cash Flow
4.79%
9.66%
18.78%
Net Income, GAAP
2.21%
19.56%
-42.17%
Sales/Revenue/Turnover
6.8%
7.65%
0.5%
Total Cash Common Dividend
- -
- -
100%

Quarterly Revenue

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
53
59
59
66
236
2025
56
54
60
66
237
2026
71
70
- -
- -
- -

Quarterly Earnings Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
-0.12
-0.1
-0.17
-0.34
2025
-0.01
-0.11
0.01
-0.08
-0.2
2026
0.02
0.11
- -
- -
- -

Quarterly Dividends Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.25
- -
- -
- -
0.25
2025
- -
- -
0.25
- -
0.5
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Mashal Ibrahim Abuneef
Full Time Employees
46
Sector
Finance
Industry
Real estate development
Address
northern ring branch rd Riyadh Riyadh Province Saudi Arabia 11342
IPO Date
Jan 12, 2016
Website
alandalus.com.sa
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Business
Alandalus Property Company Alandalus Property Company (4320.SR) is a Saudi Arabia-based real estate developer engaged in the investment, development, construction, ownership, management, and operation of income-generating commercial, mixed-use, and residential properties across the Kingdom of Saudi Arabia; its core activities encompass leasing rental units in shopping malls, hotels, office towers, and healthcare facilities, alongside general contracting for residential and commercial buildings, educational and recreational centers, health institutions, roads, dams, water and sewage projects, electrical and mechanical works, and maintenance services for real estate assets. Founded in 2006 and headquartered in Riyadh, the company operates a diversified portfolio that includes prominent properties such as Alandalus Mall in Jeddah with 342 stores across 88,863 sqm of rental space, Hayat Mall in Riyadh spanning 226,108 sqm, Alandalus Mall Hotel, West Jeddah Hospital, Al Jawhara Mall, Al-Marwah Center, Salama Office Tower, Dareen Mall, Alsahafa Center, Yarmouk Center, and Tilal Center, targeting retail tenants, hospitality providers, office occupants, healthcare operators, and community consumers throughout key regions including Riyadh, Jeddah, and other urban centers. In recent developments, Alandalus Property Company signed a 10-year agreement in February 2025 with Emerge—a joint venture of Masdar and EDF Group—to install up to 3.4 MWp of rooftop solar photovoltaic systems at Hayat Mall in Riyadh, Alandalus Mall, and Alandalus Mall Hotel in Jeddah, advancing its ESG commitments and Saudi Vision 2030 renewable energy goals; additionally, the company completed the sale of its 70% stake in Manafea Alandalus for Real Estate Development to the Saudi Tourism Development Fund in 2025, while acquiring full ownership of Mawared Al-Tamayuz Real Estate Company and announcing progress on a joint project with Masat Real Estate Company where it holds a 25% stake.