Arabian Centres Company SJSC
SAU:4321

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Arabian Centres Company SJSC
SAU:4321
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Price: 20.22 SAR 1.92% Market Closed
Market Cap: ﷼9.6B

EV/S

10.6
Current
6%
More Expensive
vs 3-y average of 10.1

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
10.6
=
Enterprise Value
﷼24.3B
/
Revenue
﷼2.3B

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
10.6
=
Enterprise Value
﷼24.3B
/
Revenue
﷼2.3B

Valuation Scenarios

Arabian Centres Company SJSC is trading above its 3-year average

If EV/S returns to its 3-Year Average (10.1), the stock would be worth ﷼19.14 (5% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-71%
Maximum Upside
No Upside Scenarios
Average Downside
32%
Scenario EV/S Value Implied Price Upside/Downside
Current Multiple 10.6 ﷼20.22
0%
3-Year Average 10.1 ﷼19.14
-5%
5-Year Average 9.8 ﷼18.64
-8%
Industry Average 6 ﷼11.4
-44%
Country Average 3.1 ﷼5.81
-71%

Forward EV/S
Today’s price vs future revenue

Today's Enterprise Value Revenue Forward EV/S
﷼24.3B
/
Jan 2026
﷼2.3B
=
10.6
Current
﷼24.3B
/
Dec 2026
﷼2.6B
=
9.5
Forward
﷼24.3B
/
Dec 2027
﷼3.2B
=
7.6
Forward
﷼24.3B
/
Dec 2028
﷼3.5B
=
6.9
Forward

Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
EV/S
P/E
All Countries
Close
P/E Multiple
Earnings Growth PEG
SA
Arabian Centres Company SJSC
SAU:4321
Average P/E: 7 151.7
7.6
-6%
N/A
US
G
GE Vernova LLC
NYSE:GEV
Not Available
19%
N/A
UK
E
Eight Capital Partners PLC
F:ECS
Not Available N/A N/A
US
C
China Industrial Group Inc
OTC:CIND
4 020.7
N/A N/A
NL
N
Nepi Rockcastle NV
JSE:NRP
10.6
1%
10.6
US
F
Fintech Ecosystem Development Corp
NASDAQ:FEXD
38 690
N/A N/A
US
C
CoreWeave Inc
NASDAQ:CRWV
Not Available N/A N/A
CH
G
Galderma Group AG
SIX:GALD
Not Available
47%
N/A
US
Symbotic Inc
NASDAQ:SYM
Negative Multiple: -3 300.6 N/A N/A
US
Coupang Inc
F:788
174.3
96%
1.8
ZA
V
Vukile Property Fund Ltd
JSE:VKE
6.9
-5%
N/A

Market Distribution

Higher than 87% of companies in Saudi Arabia
Percentile
87th
Based on 256 companies
87th percentile
10.6
Low
0.2 — 1.8
Typical Range
1.8 — 5.5
High
5.5 —
Distribution Statistics
Saudi Arabia
Min 0.2
30th Percentile 1.8
Median 3.1
70th Percentile 5.5
Max 1 289.3

Arabian Centres Company SJSC
Glance View

Market Cap
9.6B SAR
Industry
N/A

In the vibrant and ever-evolving commercial landscape of Saudi Arabia, Arabian Centres Company SJSC stands out as a cornerstone of retail infrastructure. Established as the largest owner, operator, and developer of contemporary lifestyle centers in the Kingdom, Arabian Centres has redefined the shopping experience through strategically located malls that serve as social hubs and retail destinations. The company’s portfolio, consisting of malls spread across major cities, not only caters to a diverse demographic but also reflects a nuanced understanding of local consumer behaviors and preferences. By blending traditional Arabian architecture with modern amenities, Arabian Centres has successfully created environments where retail meets culture, offering everything from luxury brands to family-friendly entertainment venues. Arabian Centres makes money through several channels that interplay seamlessly. At the heart of its revenue model is leasing space to retailers across its malls, with a keen emphasis on long-term leases that ensure consistent cash flow. Moreover, Arabian Centres leverages anchor tenants, like hypermarkets and cinemas, to draw foot traffic, which in turn attracts smaller and mid-sized retail businesses willing to pay premium rents for prime locations within the malls. Further augmenting its revenue streams, the company taps into auxiliary services such as advertising and promotions, car parking fees, and sales from temporary kiosks. By integrating these diverse income sources, Arabian Centres not only reinforces its financial stability but also establishes a platform for continued expansion and innovation in the Middle Eastern retail sector.

Intrinsic Value
22.15 SAR
Undervaluation 9%
Intrinsic Value
Price ﷼20.22
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