SEDCO Capital REIT Fund

SEDCO Capital REIT Fund

TTADAWUL:4344
6.40
SAR
-0.04
(-0.62%)
1.47BMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
1.28
1.14
0.62
1.17
0.87
0.93
1.16
- -
Basic EPS, GAAP
- -
0.37
0.16
-0.3
0.35
0.18
0.08
0.42
- -
Free Cash Flow per Basic Share
- -
-0.64
0.3
0.35
0.53
-2.23
0.61
0.96
- -
Dividend per Share
- -
0.65
0.59
0.3
0.61
0.49
0.52
0.38
- -
Book Value per Share
9.65
9.36
8.97
8.85
8.49
8.2
7.78
7.81
7.83
Tangible Book Value per Share
9.65
9.36
8.97
8.85
8.49
8.2
7.78
7.81
7.83
Basic Weighted Avg Shares
60
60
60
118
118
187
187
187
187
Sales/Revenue/Turnover
- -
77
68
73
138
162
174
216
- -
Operating Margin (%)
- -
58.3
49.7
52.69
58.8
59.46
56.78
61.47
- -
Depreciation Expense
- -
16
16
16
29
32
34
46
- -
Net Income, GAAP
- -
22
10
-35
41
34
14
79
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
28.83
14.27
-48.61
29.9
20.74
8.3
36.62
- -
Working Capital
26
1
19
21
23
58
206
116
44
LT Debt
476
459
487
616
786
782
953
1,801
1,839
Total Equity
579
562
538
1,040
997
1,533
1,454
1,460
1,464
Return on Invested Capital (%)
- -
4.51
2.94
- -
3.11
4.48
3.16
5.89
- -
Return on Capital (%)
- -
4.62
2.72
- -
2.38
1.63
0.61
2.78
- -
Return on Common Equity (%)
- -
3.88
1.77
-4.49
4.04
2.65
0.96
5.44
- -

Capital Structure

SAR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
18
19
18
LT Borrowings
1,662
1,801
1,839
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
187
187
187
Market Capitalization
1,309
1,253
1,466

Working Capital

SAR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
307
386
211
Cash, Cash Equivalents & STI
121
182
23
Accounts Receivable, Net
180
140
188
Inventories
- -
- -
- -
Total Current Liabilities
253
270
167
Payables & Accruals
- -
- -
- -
ST Debt
18
19
18
Deferred Revenue
- -
- -
- -

Growth Rates

SAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
27.63%
0.39%
Free Cash Flow
- -
-133.78%
56.64%
Net Income, GAAP
- -
-61.2%
449.98%
Sales/Revenue/Turnover
- -
29.06%
24.72%
Total Cash Common Dividend
- -
21.75%
-26.74%

Semi-annual Revenue

SAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
174
2025
- -
- -
216
2026
- -
- -
- -

Semi-annual Earnings Per Share

SAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.08
2025
- -
- -
0.42
2026
- -
- -
- -

Semi-annual Dividends Per Share

SAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.52
2025
- -
- -
0.38
2026
- -
- -
- -

Company Description

CEO
Abdulwahhab Abed
Sector
Finance
Industry
Real estate investment trusts
Address
PO Box 13396 Jeddah MC Saudi Arabia 21491
IPO Date
May 11, 2018
Business
SEDCO Capital REIT Fund (4344.SR), a Shariah-compliant closed-ended real estate investment traded fund managed by SEDCO Capital, invests primarily in income-generating real estate assets in Saudi Arabia with up to 25% allocation possible outside the Kingdom to deliver regular rental income and potential capital appreciation to unitholders while distributing no less than 90% of net profits. The fund targets developed properties such as office complexes, hotel apartments, and residential compounds including assets in Riyadh's Al Maathar and Sulaymaniyah Districts and focuses on single-tenant and multi-tenant real estate across commercial, residential, and other sectors. Listed on the Saudi Exchange since May 2018 and headquartered at the South Tower of Red Sea Mall in Jeddah, Saudi Arabia, it serves institutional and private investors seeking Shariah-compliant real estate exposure mainly within the Kingdom. In 2025, the fund signed a SAR 135 million agreement in July to acquire an office building financed through banking facilities and earlier in May entered two memorandums of understanding valued at SAR 650 million to purchase four office complexes in Riyadh subject to due diligence, both expected to positively impact portfolio performance and results.