Valuation: Makkah Construction and Development Company

Market Cap 15.65B 4.17B 3.61B 3.37B 3.08B 5.81B 398B 5.9B 39.55B 15.52B 199B 15.31B 662B P/E 2026 *
30.2x
P/E 2027 * 27.9x
Enterprise Value 15.5B 4.13B 3.57B 3.34B 3.05B 5.75B 394B 5.84B 39.17B 15.37B 197B 15.16B 656B EV / Sales 2026 *
11.9x
EV / Sales 2027 * 11.4x
Free-Float
82.25%
Yield 2026 *
1.92%
Yield 2027 * 1.92%
02:46pm Makkah Construction and Development Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026 CI
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
1 day-1.02%
1 week-4.38%
Current month-5.49%
1 month-10.93%
3 months-1.40%
6 months-10.57%
Current year-2.64%
1 week 77
Extreme 77
84.95
1 month 77
Extreme 77
88
Current year 73
Extreme 73
94.6
1 year 67.95
Extreme 67.95
94.6
3 years 50.27
Extreme 50.268876
114.6
5 years 49.44
Extreme 49.444796
114.6
10 years 44.5
Extreme 44.500316
114.6
Manager TitleAgeSince
Chief Executive Officer 44 01/08/2024
Director of Finance/CFO - 27/04/2020
Director TitleAgeSince
Director/Board Member - 05/12/2022
Director/Board Member 68 -
Director/Board Member - 13/08/2017
Change 5-day change 1-year change 3-year change Capi.($)
-1.02%-4.38%+2.45%+26.32% 4.17B
-2.86%-3.02%-7.37%+70.75% 41.68B
+3.58%+2.08%+0.51%+5.69% 20.21B
-1.39%-2.38%+28.45%+105.27% 16.44B
-0.85%+1.17%+2.00%+9.25% 11.68B
+1.12%-0.37%-1.81%-14.47% 10.49B
+0.35%-4.83%-56.04%-37.66% 7.6B
-0.93%+0.73%-26.86%-3.55% 6.27B
-1.78%+1.06%-35.60%-4.35% 5.11B
-3.98%-2.14%-2.99%+32.80% 3.12B
Average -1.46%+102.28%-9.73%+19.00% 12.68B
Weighted average by Cap. -1.86%+122.87%-4.74%+36.53%

Financials

2026 *2027 *
Net sales 1.3B 346M 300M 280M 256M 483M 33.05B 490M 3.29B 1.29B 16.53B 1.27B 55.06B 1.37B 366M 317M 296M 270M 510M 34.87B 518M 3.47B 1.36B 17.45B 1.34B 58.11B
Net income 517M 138M 119M 111M 102M 192M 13.13B 195M 1.31B 513M 6.57B 506M 21.88B 560M 149M 129M 121M 110M 208M 14.22B 211M 1.42B 555M 7.12B 548M 23.7B
Net Debt -149M -39.68M -34.35M -32.11M -29.35M -55.3M -3.78B -56.17M -377M -148M -1.89B -146M -6.31B -43M -11.45M -9.91M -9.27M -8.47M -15.96M -1.09B -16.21M -109M -42.64M -546M -42.06M -1.82B
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
11/08/26 SAR 77.45 -1.02% 448,422
10/08/26 SAR 78.25 -1.39% 209,941
09/08/26 SAR 79.35 -2.40% 118,083
06/08/26 SAR 81.30 +0.68% 340,659
05/08/26 SAR 80.75 -0.31% 131,438
Trader
Investor
-
Global
-
Quality
ESG MSCI
B
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
78.25SAR
Average target price
105.00SAR
Spread / Average Target
+34.19%

Annual profits - Rate of surprise

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