Al Rajhi REIT Fund (SAU:4340) Enterprise Value: ﷼3,038.3 Mil (As of Jul. 20, 2026) ***

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SAU:4340 Al Rajhi REIT Fund SAU:4340
68 GF Score
Price ﷼8.21
GF Value ﷼7.94
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Al Rajhi REIT Fund Enterprise Value?

Al Rajhi REIT Fund SAU:4340 68 Enterprise Value is ﷼3,038.3 Mil as of Jul. 20, 2026. GuruFocus rates SAU:4340 with a GF Score™ of 68/100 and a GF Value™ of ﷼7.94 (Fairly Valued). The stock has 6 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Al Rajhi REIT Fund's Enterprise Value is ﷼3,038.3 Mil. Al Rajhi REIT Fund's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was ﷼198.0 Mil. Therefore, Al Rajhi REIT Fund's EV-to-EBIT ratio for today is 15.35.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Al Rajhi REIT Fund's Enterprise Value is ﷼3,038.3 Mil. Al Rajhi REIT Fund's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was ﷼248.0 Mil. Therefore, Al Rajhi REIT Fund's EV-to-EBITDA ratio for today is 12.25.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Al Rajhi REIT Fund's Enterprise Value is ﷼3,038.3 Mil. Al Rajhi REIT Fund's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was ﷼231.1 Mil. Therefore, Al Rajhi REIT Fund's EV-to-Revenue ratio for today is 13.15.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Al Rajhi REIT Fund's Enterprise Value is ﷼3,038.3 Mil. Al Rajhi REIT Fund's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was ﷼127.0 Mil. Therefore, Al Rajhi REIT Fund's EV-to-OCF ratio for today is 23.93.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Al Rajhi REIT Fund's Enterprise Value is ﷼3,038.3 Mil. Al Rajhi REIT Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was ﷼127.0 Mil. Therefore, Al Rajhi REIT Fund's EV-to-FCF ratio for today is 23.93.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Al Rajhi REIT Fund  (SAU:4340) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Al Rajhi REIT Fund's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3038.299/197.957
=15.35

Al Rajhi REIT Fund's current Enterprise Value is ﷼3,038.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Al Rajhi REIT Fund's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was ﷼198.0 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Al Rajhi REIT Fund's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=3038.299/247.977
=12.25

Al Rajhi REIT Fund's current Enterprise Value is ﷼3,038.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Al Rajhi REIT Fund's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was ﷼248.0 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Al Rajhi REIT Fund's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=3038.299/231.072
=13.15

Al Rajhi REIT Fund's current Enterprise Value is ﷼3,038.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Al Rajhi REIT Fund's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was ﷼231.1 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Al Rajhi REIT Fund's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=3038.299/126.976
=23.93

Al Rajhi REIT Fund's current Enterprise Value is ﷼3,038.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Al Rajhi REIT Fund's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was ﷼127.0 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Al Rajhi REIT Fund's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=3038.299/126.976
=23.93

Al Rajhi REIT Fund's current Enterprise Value is ﷼3,038.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Al Rajhi REIT Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was ﷼127.0 Mil.

* 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.


Al Rajhi REIT Fund Enterprise Value Related Terms


Al Rajhi REIT Fund Enterprise Value Historical Data

* Premium members only.

The historical data trend for Al Rajhi REIT Fund's Enterprise Value 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.

Al Rajhi REIT Fund Enterprise Value Chart

Al Rajhi REIT Fund Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial 2,492.72 2,394.52 3,284.95 3,070.24 2,947.35

Al Rajhi REIT Fund Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Enterprise Value 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 3,284.95 3,088.12 3,070.24 3,096.29 2,947.35

SAU:4340 vs VICI, WPC: Enterprise Value Comparison

For the REIT - Diversified subindustry, Al Rajhi REIT Fund's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Al Rajhi REIT Fund Enterprise Value vs REITs Industry

For the REITs industry and Real Estate sector, Al Rajhi REIT Fund's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Al Rajhi REIT Fund's Enterprise Value falls into.


SAU:4340
68GF Score
Al Rajhi REIT Fund SAU:4340
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Al Rajhi REIT Fund Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Al Rajhi REIT Fund's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Al Rajhi REIT Fund's Enterprise Value for the quarter that ended in Dec. 2025 is calculated as

* 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of ﷼3,038.3 Mil mean?
Al Rajhi REIT Fund (SAU:4340) has a Enterprise Value of ﷼3,038.3 Mil as of Jul. 20, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Al Rajhi REIT Fund and its competitors.
Is Al Rajhi REIT Fund's Enterprise Value too high?
Al Rajhi REIT Fund's current Enterprise Value is ﷼3,038.3 Mil. Overall, Al Rajhi REIT Fund has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Al Rajhi REIT Fund's Enterprise Value compare to VICI and WPC?
Al Rajhi REIT Fund's Enterprise Value of ﷼3,038.3 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 Enterprise Value for a REITs company?
A good Enterprise Value depends on the REITs industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Al Rajhi REIT Fund and its competitors. Al Rajhi REIT Fund's current Enterprise Value is ﷼3,038.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Rajhi REIT Fund stock overvalued right now?
Based on GuruFocus' analysis, Al Rajhi REIT Fund (SAU:4340) is currently considered Fairly Valued. The stock's GF Value™ is ﷼7.94, compared to a current price of ﷼8.21 — trading 3.4% above its estimated fair value. The current Enterprise Value is ﷼3,038.3 Mil. Al Rajhi REIT Fund's overall GF Score™ is 68/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Al Rajhi REIT Fund (SAU:4340), the current Enterprise Value is ﷼3,038.3 Mil as of Jul. 20, 2026. 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 Al Rajhi REIT Fund (SAU:4340) Overvalued in 2026?

Based on GuruFocus' analysis, Al Rajhi REIT Fund stock appears to be overvalued. The current stock price of ﷼8.21 is trading 3.4% above its estimated GF Value™ of ﷼7.94. GuruFocus considers Al Rajhi REIT Fund to be Fairly Valued.

Key valuation signals for SAU:4340:

  • Enterprise Value: ﷼3,038.3 Mil
  • GF Value™: ﷼7.94 vs. price of ﷼8.21 (3.4% above fair value)
  • GF Score™: 68/100 with 6 warning signs

No single metric tells the full story. See the SAU:4340 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Al Rajhi REIT Fund Business Description

Industry Real EstateREITs
Address King Fahad Road, Unit No. 1, PO Box 5561, Al Muruj District, Riyadh, SAU, 11432
Al Rajhi REIT Fund is a close-ended real estate investment traded fund. The investment objective of the company is to invest in income-generating real estate assets. It is divided into four divisions namely Brokerage, Asset Management, Investment Banking, and Research. The Brokerage Division offers a comprehensive brokerage and execution service, The Asset management division manages International, regional, and local mutual funds. Investment Banking provides a comprehensive range of strategic financial advisory services, including debt and equity structuring and arranging, to assist clients in achieving their business and financial objectives. The research division focuses on delivering detailed investment analysis of regional and international equity, markets, and economies.
68GF Score

Get the complete analysis for SAU:4340

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

﷼8.21
Price
﷼7.94
GF Value