Why is Makkah Construction & Development Co. ?
1
With a growth in Net Profit of 8.04%, the company declared Very Positive results in Mar 26
- OPERATING CASH FLOW(Y) Highest at SAR 456.23 MM
- RAW MATERIAL COST(Y) Fallen by -3.1% (YoY)
- DEBTORS TURNOVER RATIO(HY) Highest at 18.7 times
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%
0.33
30.98%
Saudi Arabia All Share TASI
-0.13%
-0.01
13.67%
Quality key factors
Factor
Value
Sales Growth (5y)
17.52%
EBIT Growth (5y)
12.32%
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
63.28%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
5.09%
ROE (avg)
4.24%
Valuation Key Factors 
Factor
Value
P/E Ratio
36
Industry P/E
Price to Book Value
4.09
EV to EBIT
37.66
EV to EBITDA
34.56
EV to Capital Employed
5.20
EV to Sales
14.71
PEG Ratio
NA
Dividend Yield
0.10%
ROCE (Latest)
13.80%
ROE (Latest)
11.33%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Bearish
Moving Averages
Bullish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
No Trend
No Trend
Technical Movement
7What is working for the Company
OPERATING CASH FLOW(Y)
Highest at SAR 456.23 MM
RAW MATERIAL COST(Y)
Fallen by -3.1% (YoY
DEBTORS TURNOVER RATIO(HY)
Highest at 18.7 times
PRE-TAX PROFIT(Q)
Highest at SAR 166.37 MM
NET PROFIT(Q)
Highest at SAR 162.21 MM
EPS(Q)
Highest at SAR 0.81
-5What is not working for the Company
INTEREST(HY)
At SAR 7.89 MM has Grown at 83.56%
DEBT-EQUITY RATIO
(HY)
Highest at 21.09 %
Here's what is working for Makkah Construction & Development Co.
Operating Cash Flow
Highest at SAR 456.23 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (SAR MM)
Pre-Tax Profit
Highest at SAR 166.37 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (SAR MM)
Net Profit
Highest at SAR 162.21 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (SAR MM)
EPS
Highest at SAR 0.81
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (SAR)
Debtors Turnover Ratio
Highest at 18.7 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Raw Material Cost
Fallen by -3.1% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Here's what is not working for Makkah Construction & Development Co.
Interest
At SAR 7.89 MM has Grown at 83.56%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (SAR MM)
Debt-Equity Ratio
Highest at 21.09 %
in the last five Semi-Annual periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio






