Alahli REIT Fund 1 (SAU:4338) Construction In Progress: ﷼28.0 Mil (As of Dec. 2025)

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SAU:4338 Alahli REIT Fund 1 SAU:4338
72 GF Score
Price ﷼6.47
GF Value ﷼8.34
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Alahli REIT Fund 1 Construction In Progress?

Alahli REIT Fund 1 SAU:4338 +0.62% 72 Construction In Progress is ﷼28.0 Mil as of Dec. 2025. GuruFocus rates SAU:4338 with a GF Score™ of 72/100 and a GF Value™ of ﷼8.34 (Modestly Undervalued). The stock has 10 warning signs investors should review.

Alahli REIT Fund 1's quarterly construction in progress increased from Dec. 2024 (﷼6.5 Mil) to Jun. 2025 (﷼18.3 Mil) and increased from Jun. 2025 (﷼18.3 Mil) to Dec. 2025 (﷼28.0 Mil).

Alahli REIT Fund 1's annual construction in progress increased from Dec. 2023 (﷼1.8 Mil) to Dec. 2024 (﷼6.5 Mil) and increased from Dec. 2024 (﷼6.5 Mil) to Dec. 2025 (﷼28.0 Mil).

Alahli REIT Fund 1 Construction In Progress Historical Data

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The historical data trend for Alahli REIT Fund 1's Construction In Progress 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.

Alahli REIT Fund 1 Construction In Progress Chart

Alahli REIT Fund 1 Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial 0.00 0.00 1.80 6.51 27.97

Alahli REIT Fund 1 Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Construction In Progress 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 1.80 0.00 6.51 18.34 27.97
SAU:4338
72GF Score
Alahli REIT Fund 1 SAU:4338
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Alahli REIT Fund 1 Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of ﷼28.0 Mil mean?
Alahli REIT Fund 1 (SAU:4338) has a Construction In Progress of ﷼28.0 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Alahli REIT Fund 1 and its competitors.
Is Alahli REIT Fund 1's Construction In Progress too high?
Alahli REIT Fund 1's current Construction In Progress is ﷼28.0 Mil. Overall, Alahli REIT Fund 1 has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alahli REIT Fund 1's Construction In Progress compare to VICI and WPC?
Alahli REIT Fund 1's Construction In Progress of ﷼28.0 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a REITs company?
A good Construction In Progress depends on the REITs industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Alahli REIT Fund 1 and its competitors. Alahli REIT Fund 1's current Construction In Progress is ﷼28.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alahli REIT Fund 1 stock overvalued right now?
Based on GuruFocus' analysis, Alahli REIT Fund 1 (SAU:4338) is currently considered Modestly Undervalued. The stock's GF Value™ is ﷼8.34, compared to a current price of ﷼6.47 — trading 22.4% below its estimated fair value. The current Construction In Progress is ﷼28.0 Mil. Alahli REIT Fund 1's overall GF Score™ is 72/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Alahli REIT Fund 1 (SAU:4338), the current Construction In Progress is ﷼28.0 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Alahli REIT Fund 1 (SAU:4338) Overvalued in 2026?

Based on GuruFocus' analysis, Alahli REIT Fund 1 stock appears to be undervalued. The current stock price of ﷼6.47 is trading 22.4% below its estimated GF Value™ of ﷼8.34. GuruFocus considers Alahli REIT Fund 1 to be Modestly Undervalued.

Key valuation signals for SAU:4338:

  • Construction In Progress: ﷼28.0 Mil
  • GF Value™: ﷼8.34 vs. price of ﷼6.47 (22.4% below fair value)
  • GF Score™: 72/100 with 10 warning signs

No single metric tells the full story. See the SAU:4338 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Alahli REIT Fund 1 Business Description

Industry Real EstateREITs
Address King Saud Road, P.O. Box 22216, Regional Building of National Commercial Bank, Riyadh, SAU, 11495
Alahli REIT Fund 1 invests in income-producing properties. Its objective is to provide periodic rental income to Unitholders through investing in developed income-generating properties and to potentially provide capital growth by developing and/or expanding and/or selling assets. The Fund invests mainly in developed income-generating real estate assets and may invest part of its assets and cash surplus in Murabaha transactions and short-term deposits in Saudi Riyals with banks that are licensed by the Saudi Central Bank (SAMA) and operate in Saudi Arabia. The Fund may also invest in public money market funds approved by CMA.
72GF Score

Get the complete analysis for SAU:4338

Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

﷼6.47
Price
﷼8.34
GF Value