Why is Makkah Construction & Development Co. ?
1
- ROCE(HY) Highest at 10.94%
- NET SALES(Q) At SAR 284.27 MM has Grown at 100.37%
- DEBT-EQUITY RATIO (HY) Lowest at -24.46 %
2
With ROE of 11.02%, it has a very expensive valuation with a 4.29 Price to Book Value
- Over the past year, while the stock has generated a return of -25.73%, its profits have risen by 11.2%
- At the current price, the company has a high dividend yield of 0.1
How much should you buy?
- Overall Portfolio exposure to Makkah Construction & Development Co. should be less than 10%
- Overall Portfolio exposure to Realty should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Realty)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Makkah Construction & Development Co. for you?
Medium Risk, High Return
Absolute
Risk Adjusted
Volatility
Makkah Construction & Development Co.
-100.0%
0.20
30.96%
Saudi Arabia All Share TASI
-11.13%
-0.71
15.65%
Quality key factors
Factor
Value
Sales Growth (5y)
17.44%
EBIT Growth (5y)
11.70%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
3.60%
Dividend Payout Ratio
72.99%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
5.09%
ROE (avg)
4.24%
Valuation Key Factors 
Factor
Value
P/E Ratio
39
Industry P/E
Price to Book Value
4.29
EV to EBIT
40.63
EV to EBITDA
37.24
EV to Capital Employed
5.29
EV to Sales
17.88
PEG Ratio
NA
Dividend Yield
0.09%
ROCE (Latest)
13.03%
ROE (Latest)
11.02%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
No Trend
Technical Movement
9What is working for the Company
ROCE(HY)
Highest at 10.94%
NET SALES(Q)
At SAR 284.27 MM has Grown at 100.37%
DEBT-EQUITY RATIO
(HY)
Lowest at -24.46 %
INVENTORY TURNOVER RATIO(HY)
Highest at 250.99 times
-1What is not working for the Company
RAW MATERIAL COST(Y)
Grown by 38.3% (YoY
Here's what is working for Makkah Construction & Development Co.
Net Sales
At SAR 284.27 MM has Grown at 100.37%
Year on Year (YoY)MOJO Watch
Near term sales trend is very positive
Net Sales (SAR MM)
Debt-Equity Ratio
Lowest at -24.46 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Inventory Turnover Ratio
Highest at 250.99 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Depreciation
Highest at SAR 9.51 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (SAR MM)
Here's what is not working for Makkah Construction & Development Co.
Raw Material Cost
Grown by 38.3% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin
Raw Material Cost as a percentage of Sales
Non Operating Income
Highest at SAR 0.15 MM
in the last five periodsMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating income






