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Makkah Construction & Development Co (SAU:4100) ROE % : 10.36% (As of Mar. 2024)


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What is Makkah Construction & Development Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Makkah Construction & Development Co's annualized net income for the quarter that ended in Mar. 2024 was ﷼453.6 Mil. Makkah Construction & Development Co's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was ﷼4,379.6 Mil. Therefore, Makkah Construction & Development Co's annualized ROE % for the quarter that ended in Mar. 2024 was 10.36%.

The historical rank and industry rank for Makkah Construction & Development Co's ROE % or its related term are showing as below:

SAU:4100' s ROE % Range Over the Past 10 Years
Min: -1.24   Med: 3.99   Max: 9.16
Current: 9.16

During the past 13 years, Makkah Construction & Development Co's highest ROE % was 9.16%. The lowest was -1.24%. And the median was 3.99%.

SAU:4100's ROE % is ranked better than
58.52% of 786 companies
in the Travel & Leisure industry
Industry Median: 6.18 vs SAU:4100: 9.16

Makkah Construction & Development Co ROE % Historical Data

The historical data trend for Makkah Construction & Development Co's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Makkah Construction & Development Co ROE % Chart

Makkah Construction & Development Co Annual Data
Trend Apr14 Apr15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.47 -1.24 0.40 2.71 8.97

Makkah Construction & Development Co Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Jun21 Sep21 Jan22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.29 12.25 6.52 7.64 10.36

Competitive Comparison of Makkah Construction & Development Co's ROE %

For the Lodging subindustry, Makkah Construction & Development Co's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Makkah Construction & Development Co's ROE % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Makkah Construction & Development Co's ROE % distribution charts can be found below:

* The bar in red indicates where Makkah Construction & Development Co's ROE % falls into.



Makkah Construction & Development Co ROE % Calculation

Makkah Construction & Development Co's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Jan. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=334.235/( (3360.049+4091.538)/ 2 )
=334.235/3725.7935
=8.97 %

Makkah Construction & Development Co's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=453.636/( (4091.538+4667.63)/ 2 )
=453.636/4379.584
=10.36 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2024) net income data. ROE % is displayed in the 30-year financial page.


Makkah Construction & Development Co  (SAU:4100) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=453.636/4379.584
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(453.636 / 741.644)*(741.644 / 4961.92)*(4961.92 / 4379.584)
=Net Margin %*Asset Turnover*Equity Multiplier
=61.17 %*0.1495*1.133
=ROA %*Equity Multiplier
=9.14 %*1.133
=10.36 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=453.636/4379.584
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (453.636 / 465.264) * (465.264 / 448.304) * (448.304 / 741.644) * (741.644 / 4961.92) * (4961.92 / 4379.584)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.975 * 1.0378 * 60.45 % * 0.1495 * 1.133
=10.36 %

Note: The net income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Makkah Construction & Development Co ROE % Related Terms

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Makkah Construction & Development Co (SAU:4100) Business Description

Traded in Other Exchanges
N/A
Address
Al-Azizia General Street, P.O. Box 7134, Fakih Commercial Center, Seventh Floor, Makkah Al-Mukarramah, Mecca, SAU, 21955
Makkah Construction & Development Co is engaged in developing construction projects such as developing facilities near the Holy Mosque of Makkah. The companies objectives are Build up the areas around Makkah Holy mosque, Owning, developing, operating and investing the real estate around Makkah Holy mosque and Caring all engineering works, survey, demolishing & constructions works for the company projects.

Makkah Construction & Development Co (SAU:4100) Headlines

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