Valuation: Makkah Construction and Development Company

Market Cap 16.26B 4.33B 3.76B 3.52B 3.22B 6.07B 412B 6.16B 41.18B 16.15B 206B 15.91B 686B P/E 2026 *
31.4x
P/E 2027 * 29x
Enterprise Value 16.15B 4.3B 3.74B 3.5B 3.2B 6.03B 409B 6.12B 40.91B 16.05B 204B 15.8B 682B EV / Sales 2026 *
12.4x
EV / Sales 2027 * 11.9x
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 day+0.68%
1 week-3.67%
Current month-0.79%
1 month-6.50%
3 months+4.84%
6 months-6.87%
Current year+2.20%
1 week 78.7
Extreme 78.7
84.95
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 50.268876
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
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.($)
+0.68%-3.67%-1.16%+30.50% 4.3B
-2.45%-0.22%-5.76%+75.70% 43.77B
+0.18%+1.50%-3.64%-4.51% 19.34B
-2.56%+6.97%+33.21%+116.03% 17.17B
-1.55%-1.90%+4.35%+4.21% 11.63B
-0.36%+3.38%-0.72%-16.41% 10.76B
-8.48%-1.63%-57.40%-38.36% 8.3B
-1.29%+0.01%-26.40%-2.89% 6.35B
-2.49%-2.67%-35.87%-6.30% 5.17B
+1.12%+0.52%+1.34%+31.49% 3.29B
Average -1.72%+2.06%-9.21%+18.95% 13.01B
Weighted average by Cap. -1.96%+2.92%-4.15%+38.11%

Financials

2026 *2027 *
Net sales 1.3B 347M 301M 282M 258M 486M 32.96B 493M 3.3B 1.29B 16.45B 1.27B 54.91B 1.37B 366M 318M 297M 272M 512M 34.78B 520M 3.48B 1.36B 17.36B 1.34B 57.95B
Net income 517M 138M 120M 112M 102M 193M 13.1B 196M 1.31B 514M 6.54B 506M 21.82B 560M 149M 130M 121M 111M 209M 14.19B 212M 1.42B 556M 7.08B 548M 23.64B
Net Debt -106M -28.24M -24.52M -22.94M -21M -39.57M -2.69B -40.17M -268M -105M -1.34B -104M -4.47B 46M 12.26M 10.64M 9.95M 9.11M 17.17M 1.17B 17.43M 117M 45.7M 582M 45M 1.94B
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
06/08/26 SAR 81.30 +0.68% 340,659
05/08/26 SAR 80.75 -0.31% 131,438
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
Trader
Investor
-
Global
-
Quality
ESG MSCI
B
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
81.30SAR
Average target price
105.00SAR
Spread / Average Target
+29.15%

Annual profits - Rate of surprise

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