Valuation: Makkah Construction and Development Company

Market Cap 16.26B 4.33B 3.75B 3.5B 3.21B 6.03B 412B 6.13B 41.04B 16.11B 207B 15.9B 683B P/E 2026 *
30.6x
P/E 2027 * 28.3x
Enterprise Value 16.15B 4.3B 3.72B 3.47B 3.19B 6B 409B 6.09B 40.77B 16B 205B 15.8B 678B EV / Sales 2026 *
12.4x
EV / Sales 2027 * 11.9x
Free-Float
82.25%
Yield 2026 *
1.89%
Yield 2027 * 1.89%
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-2.40%
1 week-3.17%
Current month-3.17%
1 month-9.05%
3 months+1.41%
6 months-9.98%
Current year-0.25%
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.($)
-2.40%-3.17%-1.86%+35.24% 4.33B
+0.50%+0.93%-4.65%+74.23% 42.91B
+0.71%+0.53%-2.96%+1.73% 19.51B
-0.36%+2.07%+30.25%+107.02% 16.67B
+1.58%+0.10%+3.68%+10.85% 11.63B
-2.18%+1.13%-2.89%-17.48% 10.51B
+0.56%-2.13%-56.20%-38.62% 7.57B
+0.40%+1.68%-26.18%-1.07% 6.33B
+2.56%+2.89%-34.44%-5.38% 5.2B
+1.24%+3.06%+1.02%+33.75% 3.25B
Average +0.26%+0.83%-9.42%+20.03% 12.79B
Weighted average by Cap. +0.30%+0.86%-4.03%+38.16%

Financials

2026 *2027 *
Net sales 1.3B 346M 300M 280M 257M 483M 32.97B 491M 3.28B 1.29B 16.53B 1.27B 54.64B 1.37B 366M 316M 295M 271M 510M 34.8B 518M 3.47B 1.36B 17.44B 1.34B 57.66B
Net income 517M 138M 119M 111M 102M 192M 13.1B 195M 1.3B 512M 6.57B 506M 21.71B 560M 149M 129M 120M 111M 208M 14.19B 211M 1.41B 555M 7.11B 548M 23.52B
Net Debt -106M -28.23M -24.42M -22.8M -20.92M -39.34M -2.69B -39.97M -268M -105M -1.35B -104M -4.45B 46M 12.25M 10.6M 9.9M 9.08M 17.07M 1.17B 17.34M 116M 45.57M 584M 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
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
04/08/26 SAR 81.00 0.00% 191,009
03/08/26 SAR 81.00 +0.87% 296,095
Trader
Investor
-
Global
-
Quality
ESG MSCI
B
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
79.35SAR
Average target price
105.00SAR
Spread / Average Target
+32.33%

Annual profits - Rate of surprise

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