Valuation: Makkah Construction and Development Company

Market Cap 16.2B 4.31B 3.75B 3.49B 3.21B 6.07B 410B 6.13B 41.17B 16.1B 205B 15.84B 680B P/E 2026 *
34.2x
P/E 2027 * 31.5x
Enterprise Value 16.09B 4.29B 3.72B 3.47B 3.19B 6.03B 408B 6.09B 40.91B 15.99B 204B 15.74B 675B EV / Sales 2026 *
14.2x
EV / Sales 2027 * 13.5x
Free-Float
82.25%
Yield 2026 *
1.85%
Yield 2027 * 1.85%
08-03 Makkah Construction and Development Logs Higher H1 Profit, Sales MT
07-30 Makkah Construction Renews Financing Facility for Financial Needs, Strategic Projects MT
07-30 Makkah Construction And Development Co. Renews SAR 880 Million Shariah-Compliant Financing Facility With Bank AlJazira CI
07-07 Tadawul Shares Extend Winning Streak as Saudi Arabia's Construction Activity Improves in June MT
07-07 Makkah Construction and Development Signs Rooms Renovation Deal for Saudi Hotel MT
07-07 Makkah Construction and Development Co. Announces Contract Sign Off with Roots Innovative Industrial Company CI
07-06 Al Rajhi Capital Starts Makkah Construction and Development with Neutral Rating MT
06-25 Makkah Construction and Development Company, Umm Al-Qura for Development and Construction Company, and Al Rajhi Real Estate Union Company Sign Framework Agreements with Royal Commission for Makkah City and Holy Sites CI
06-25 Umm Al Qura for Development and Construction Company, Makkah Construction and Development Company and Al Rajhi United Real Estate Company Sign Framework Agreements with Royal Commission for Makkah City and Holy Sites for Hindawiyah West and Hindawiyah South Development Projects CI
06-17 Makkah Construction and Development Co. Announces the Formation of the Audit Committee Members, Effective June 10, 2026 CI
06-03 Makkah Construction and Development Company Approves Dividend for the Fiscal Year Ended 31 December 2025, Payable on 22 June 2026 CI
06-03 Makkah Construction and Development Company Approves Board Appointments, Effective June 10, 2026 CI
06-01 Umm Al Qura for Development Consortium Wins Infrastructure Development Projects in Saudi Arabia MT
1 week-2.41%
Current month-1.16%
1 month-5.92%
6 months-9.65%
Current year+1.82%
1 week 78.7
Extreme 78.7
84.4
1 month 78.7
Extreme 78.7
88
Current year 73
Extreme 73
94.6
1 year 67.95
Extreme 67.95
94.6
3 years 50.27
Extreme 50.2689
114.6
5 years 49.44
Extreme 49.4448
114.6
10 years 44.5
Extreme 44.5003
114.6
Manager TitleAgeSince
Chief Executive Officer 44 01/08/2024
Director of Finance/CFO - 27/04/2020
Director TitleAgeSince
Chairman 85 -
Director/Board Member - 13/08/2017
Director/Board Member - 12/07/2020
Change 5-day change 1-year change 3-year change Capi.($)
0.00%-2.41%0.00%+30.02% 4.31B
+2.08%+3.10%-2.83%+80.66% 42.98B
-0.84%+3.27%-3.78%-2.96% 19.8B
+0.58%+7.47%+36.35%+119.02% 16.84B
+2.63%+8.76%-1.09%-17.52% 10.35B
+3.06%+8.74%-54.27%-32.87% 8.07B
+1.51%-0.21%-25.97%-2.32% 6.18B
+0.80%-4.87%-35.27%-5.42% 5.02B
+3.72%+3.43%+13.75%+34.22% 3.18B
+3.30%-2.22%+2.16%+104.06% 2.72B
Average +1.79%+3.10%-7.10%+30.69% 11.94B
Weighted average by Cap. +1.52%+4.66%-2.69%+45.59%

Financials

2026 *2027 *
Net sales 1.14B 302M 262M 245M 225M 425M 28.75B 430M 2.88B 1.13B 14.37B 1.11B 47.62B 1.21B 321M 279M 260M 239M 452M 30.55B 457M 3.07B 1.2B 15.27B 1.18B 50.6B
Net income 474M 126M 110M 102M 93.87M 178M 12.01B 179M 1.2B 471M 6B 464M 19.89B 514M 137M 119M 111M 102M 193M 13.02B 195M 1.31B 511M 6.51B 503M 21.57B
Net Debt -106M -28.23M -24.51M -22.85M -20.99M -39.7M -2.69B -40.14M -269M -105M -1.34B -104M -4.45B 46M 12.25M 10.64M 9.92M 9.11M 17.23M 1.17B 17.42M 117M 45.7M 582M 44.99M 1.93B
Logo Makkah Construction and Development Company
Makkah Construction and Development Co SJSC is a Saudi Arabia-based joint stock company that operates in the real estate development sector. The Company is engaged in the construction of areas around the Holy Mosque of Makkah, and the ownership, management, development, investment, rent and purchase properties adjacent to the Holy Mosque. The Company also undertakes all engineering related activities for construction, maintenance, demolition and surveying. In addition, the Company provides services to the commercial market and residential apartments, as well as the operation and management of Makkah Hilton Hotel and Makkah Hilton Towers. The Company provides its services directly or in partnership with other companies.
Employees
-
Date Price Change Volume
04/08/26 SAR 81.00 0.00% 191,009
03/08/26 SAR 81.00 +0.87% 296,095
02/08/26 SAR 80.30 -2.01% 223,816
30/07/26 SAR 81.95 -2.90% 176,743
29/07/26 SAR 84.40 +4.20% 142,433
Trader
Investor
-
Global
-
Quality
ESG MSCI
B
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
81.00SAR
Average target price
105.00SAR
Spread / Average Target
+29.63%

Annual profits - Rate of surprise

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