Mulkia Gulf Real Estate REIT (SAU:4336) Operating Margin %: 37.22% (As of Dec. 2025) — 22% Below Median


SAU:4336 Mulkia Gulf Real Estate REIT SAU:4336
61 GF Score
Price ﷼4.63
GF Value ﷼5.52
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Mulkia Gulf Real Estate REIT Operating Margin %?

Mulkia Gulf Real Estate REIT SAU:4336 +0.22% 61 Operating Margin % is 37.22% as of Dec. 2025, which is 22% below its 10-year median of 47.56. GuruFocus rates SAU:4336 with a GF Score™ of 61/100 and a GF Value™ of ﷼5.52 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 749 REITs companies, Mulkia Gulf Real Estate REIT ranks worse than 63.95% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Mulkia Gulf Real Estate REIT's Operating Income for the six months ended in Dec. 2025 was ﷼24.0 Mil. Mulkia Gulf Real Estate REIT's Revenue for the six months ended in Dec. 2025 was ﷼64.4 Mil. Therefore, Mulkia Gulf Real Estate REIT's Operating Margin % for the quarter that ended in Dec. 2025 was 37.22%.

Warning Sign:

Mulkia Gulf Real Estate REIT operating margin has been in a 5-year decline. The average rate of decline per year is -7%.

The historical rank and industry rank for Mulkia Gulf Real Estate REIT's Operating Margin % or its related term are showing as below:

SAU:4336' s Operating Margin % Range Over the Past 10 Years
Min: 31.42   Med: 47.56   Max: 68.88
Current: 42.34


SAU:4336's Operating Margin % is ranked worse than
63.95% of 749 companies
in the REITs industry
Industry Median: 52.71 vs SAU:4336: 42.34

Mulkia Gulf Real Estate REIT's 5-Year Average Operating Margin % Growth Rate was -7.00% per year.

Mulkia Gulf Real Estate REIT's Operating Income for the six months ended in Dec. 2025 was ﷼24.0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was ﷼52.7 Mil.


Mulkia Gulf Real Estate REIT  (SAU:4336) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Mulkia Gulf Real Estate REIT Operating Margin % Related Terms


Mulkia Gulf Real Estate REIT Operating Margin % Historical Data

* Premium members only.

The historical data trend for Mulkia Gulf Real Estate REIT's Operating Margin % 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.

Mulkia Gulf Real Estate REIT Operating Margin % Chart

Mulkia Gulf Real Estate REIT Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only 56.34 31.88 31.42 35.28 42.34

Mulkia Gulf Real Estate REIT Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Operating Margin % 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 16.52 36.65 34.09 47.83 37.22

SAU:4336 vs VICI, WPC: Operating Margin % Comparison

For the REIT - Diversified subindustry, Mulkia Gulf Real Estate REIT's Operating Margin %, along with its competitors' market caps and Operating Margin % 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.


Mulkia Gulf Real Estate REIT Operating Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Mulkia Gulf Real Estate REIT's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Mulkia Gulf Real Estate REIT's Operating Margin % falls into.


SAU:4336
61GF Score
Mulkia Gulf Real Estate REIT SAU:4336
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mulkia Gulf Real Estate REIT Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Mulkia Gulf Real Estate REIT's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=52.73 / 124.537
=42.34 %

Mulkia Gulf Real Estate REIT's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=23.973 / 64.411
=37.22 %

* 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 Operating Margin % →
What does a Operating Margin % of 37.22% mean?
Mulkia Gulf Real Estate REIT (SAU:4336) has a Operating Margin % of 37.22% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Mulkia Gulf Real Estate REIT and its competitors. This is 22% below median its historical median of 47.56. Over the past decade, Mulkia Gulf Real Estate REIT's Operating Margin % has ranged from 31.42 to 68.88. According to the industry distribution chart, Mulkia Gulf Real Estate REIT ranks #479 out of 749 companies in the REITs industry, placing it in the top 64%.
Is Mulkia Gulf Real Estate REIT's Operating Margin % too high?
Mulkia Gulf Real Estate REIT's current Operating Margin % of 37.22% is 22% below median its 10-year median of 47.56. Over the past 10 years, this metric has ranged from a low of 31.42 to a high of 68.88. The REITs industry median Operating Margin % is 52.71. Mulkia Gulf Real Estate REIT's value of 37.22% is 29.4% below this industry median. Based on the distribution chart, Mulkia Gulf Real Estate REIT ranks #479 out of 749 companies in the REITs industry, which is below the industry midpoint. Overall, Mulkia Gulf Real Estate REIT has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mulkia Gulf Real Estate REIT's Operating Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Mulkia Gulf Real Estate REIT ranks #479 out of 749 companies for Operating Margin %. This places Mulkia Gulf Real Estate REIT in the lower half of its industry. The industry median Operating Margin % is 52.71. Mulkia Gulf Real Estate REIT's value of 37.22% is 29.4% below this benchmark. Historically, Mulkia Gulf Real Estate REIT's own Operating Margin % has ranged from 31.42 to 68.88 over the past decade. While the company's 10-year median is 47.56 vs. the industry median of 52.71, Mulkia Gulf Real Estate REIT has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a REITs company?
The median Operating Margin % among REITs companies is 52.71, based on 749 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mulkia Gulf Real Estate REIT's current Operating Margin % of 37.22% is 29.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Mulkia Gulf Real Estate REIT and its competitors. For the REITs industry, the median Operating Margin % is 52.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mulkia Gulf Real Estate REIT's current Operating Margin % is 37.22%, which is 22% below median its own 10-year median of 47.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mulkia Gulf Real Estate REIT stock overvalued right now?
Based on GuruFocus' analysis, Mulkia Gulf Real Estate REIT (SAU:4336) is currently considered Modestly Undervalued. The stock's GF Value™ is ﷼5.52, compared to a current price of ﷼4.63 — trading 16.1% below its estimated fair value. The current Operating Margin % is 37.22%, which is 22% below median its 10-year median of 47.56 and 29.4% below the REITs industry median of 52.71. Mulkia Gulf Real Estate REIT's overall GF Score™ is 61/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Mulkia Gulf Real Estate REIT (SAU:4336), the current Operating Margin % is 37.22% 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 Mulkia Gulf Real Estate REIT (SAU:4336) Overvalued in 2026?

Based on GuruFocus' analysis, Mulkia Gulf Real Estate REIT stock appears to be undervalued. The current stock price of ﷼4.63 is trading 16.1% below its estimated GF Value™ of ﷼5.52. GuruFocus considers Mulkia Gulf Real Estate REIT to be Modestly Undervalued.

Key valuation signals for SAU:4336:

  • Operating Margin %: 37.22% (22% below median its 10-year median of 47.56)
  • GF Value™: ﷼5.52 vs. price of ﷼4.63 (16.1% below fair value)
  • GF Score™: 61/100 with 9 warning signs
  • Industry Position: 29.4% below the REITs median (#479 of 749)

No single metric tells the full story. See the SAU:4336 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mulkia Gulf Real Estate REIT Business Description

Industry Real EstateREITs
Address Prince Abdul Aziz Bin Musaid Bin Jalawi, The Elite Building No. 8565, 1st floor, secondary Number: 2874, Al Sulaimaniayah District, Al-Olaya Area, Riyadh, SAU, 12234
Mulkia Gulf Real Estate REIT is a closed-end real estate investment fund company. The objective of the Fund is to acquire pre-developed real estate properties to obtain regular rental income. The company is engaged in acquiring several income-generating real estate properties. It generates the majority of its revenue from Rental contract income. It also generates a small portion of revenue from hotel operations.
61GF Score

Get the complete analysis for SAU:4336

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

﷼4.63
Price
﷼5.52
GF Value