Alandalus Property Co.

Alandalus Property Co. is a Saudi joint-stock company operating in the real estate sector, specifically in real estate services. The company develops, manages, and invests in commercial and residential properties, including shopping malls, office buildings, and residential complexes. It focuses on creating integrated real estate destinations that combine retail, entertainment, and hospitality elements to attract tenants and visitors.

The company generates revenue primarily from leasing commercial and residential spaces, property management fees, and hospitality services. Its income streams include fixed and variable rental income from tenants, service charges, and revenue from hotel operations. The recent quarters show a growing revenue trend, with 2026Q1 revenue reaching 70.86M SAR, up from 53.94M SAR in 2025Q2, indicating strong operational performance.

Alandalus operates in the competitive Saudi real estate market, which is driven by economic diversification under Vision 2030. The company positions itself as a mid-tier player focusing on integrated mixed-use developments. Its valuation metrics show a high EV/EBITDA of 24.41 and a price-to-sales ratio of 5.84, suggesting premium pricing relative to earnings. The company has a significant debt load of 880.62M SAR against cash of 56.77M SAR, resulting in a net debt position.

The company's target audience includes retail tenants, corporate office lessees, and hotel guests primarily within Saudi Arabia. Its properties are concentrated in major Saudi cities, catering to local consumers and businesses. The recent improvement in earnings (312.03% YoY) and strong FCF yield of 11.42% indicate improving cash generation, though profit margins remain negative at -6.23%.

An auto-generated descriptive profile based on company data, for informational purposes only.