Valuation: Makkah Construction and Development Company

Market Cap 16.2B 4.32B 3.79B 3.53B 3.24B 6.08B 412B 6.18B 41.84B 16.38B 204B 15.85B 706B P/E 2026 *
34.2x
P/E 2027 * 31.5x
Enterprise Value 16.09B 4.29B 3.76B 3.5B 3.22B 6.04B 410B 6.14B 41.56B 16.27B 203B 15.75B 702B EV / Sales 2026 *
14.2x
EV / Sales 2027 * 13.5x
Free-Float
82.25%
Yield 2026 *
1.85%
Yield 2027 * 1.85%
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
06-01 Makkah Construction and Development Co. Receives Two Awards for Hindawiya West and South Development Projects in Consortium with Umm Al Qura for Development and Construction Company, and Rajhi United Real Estate Company CI
05-20 Mideast stocks-Gulf bourses fall as US-Iran uncertainty keeps investors cautious RE
05-17 Makkah Construction and Development Company Reports Earnings Results for the First Quarter Ended March 31, 2026 CI
1 day-0.19%
1 week-4.94%
Current month-2.53%
1 month-4.55%
3 months-1.40%
6 months-10.56%
Current year+1.63%
1 week 79.85
Extreme 79.85
85.6
1 month 79.85
Extreme 79.85
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.($)
-0.19%-4.94%-0.98%+29.95% 4.32B
+2.20%+6.35%+0.33%+78.46% 43.06B
+1.59%+0.48%-14.18%-7.45% 19.07B
+2.98%+5.75%+30.62%+107.04% 15.92B
+2.77%+4.54%+5.39%+6.93% 11.36B
+1.92%+6.83%-6.34%-21.76% 10.09B
+5.69%+6.32%-57.12%-35.62% 7.71B
+1.80%-0.38%-24.96%-0.85% 6.58B
+1.87%+6.25%-23.51%+11.16% 5.32B
+1.92%+2.89%+19.52%+138.16% 2.87B
Average +2.26%+2.34%-7.12%+30.60% 12.63B
Weighted average by Cap. +2.33%+2.65%-3.56%+40.42%

Financials

2026 *2027 *
Net sales 1.14B 302M 265M 247M 227M 426M 28.88B 433M 2.93B 1.15B 14.32B 1.11B 49.49B 1.21B 321M 282M 263M 241M 453M 30.69B 460M 3.11B 1.22B 15.22B 1.18B 52.59B
Net income 474M 126M 111M 103M 94.9M 178M 12.06B 181M 1.22B 479M 5.98B 464M 20.67B 514M 137M 120M 112M 103M 193M 13.08B 196M 1.33B 520M 6.49B 503M 22.41B
Net Debt -106M -28.24M -24.78M -23.07M -21.22M -39.78M -2.7B -40.47M -274M -107M -1.34B -104M -4.62B 46M 12.25M 10.75M 10.01M 9.21M 17.26M 1.17B 17.56M 119M 46.5M 581M 45.01M 2.01B
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
29/07/26 SAR 80.85 -0.19% 43,898
28/07/26 SAR 81.00 -2.41% 70,399
27/07/26 SAR 83.00 +0.12% 141,612
26/07/26 SAR 82.90 -2.98% 49,250
23/07/26 SAR 85.45 +0.47% 76,832
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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