Mulkia Gulf Real Estate REIT (SAU:4336) ROA %: -2.52% (As of Dec. 2025)


SAU:4336 Mulkia Gulf Real Estate REIT SAU:4336
69 GF Score
Price ﷼4.62
GF Value ﷼5.52
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Mulkia Gulf Real Estate REIT ROA %?

Mulkia Gulf Real Estate REIT SAU:4336 69 ROA % is -2.52% as of Dec. 2025. GuruFocus rates SAU:4336 with a GF Score™ of 69/100 and a GF Value™ of ﷼5.52 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 939 REITs companies, Mulkia Gulf Real Estate REIT ranks worse than 87.65% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Mulkia Gulf Real Estate REIT's annualized Net Income for the quarter that ended in Dec. 2025 was ﷼-37.2 Mil. Mulkia Gulf Real Estate REIT's average Total Assets over the quarter that ended in Dec. 2025 was ﷼1,473.8 Mil. Therefore, Mulkia Gulf Real Estate REIT's annualized ROA % for the quarter that ended in Dec. 2025 was -2.52%.

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

SAU:4336' s ROA % Range Over the Past 10 Years
Min: -1.9   Med: 1.07   Max: 3.5
Current: -1.9

During the past 9 years, Mulkia Gulf Real Estate REIT's highest ROA % was 3.50%. The lowest was -1.90%. And the median was 1.07%.

SAU:4336's ROA % is ranked worse than
87.65% of 939 companies
in the REITs industry
Industry Median: 3.2 vs SAU:4336: -1.90

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

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-37.206/1473.7645
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-37.206 / 128.822)*(128.822 / 1473.7645)
=Net Margin %*Asset Turnover
=-28.88 %*0.0874
=-2.52 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data.

* 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

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Mulkia Gulf Real Estate REIT ROA % Related Terms


Mulkia Gulf Real Estate REIT ROA % Historical Data

* Premium members only.

The historical data trend for Mulkia Gulf Real Estate REIT's ROA % 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 ROA % Chart

Mulkia Gulf Real Estate REIT Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only 2.68 -0.01 -0.89 1.07 -1.89

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
ROA % 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 0.90 1.07 1.16 -1.30 -2.52

SAU:4336 vs VICI, WPC: ROA % Comparison

For the REIT - Diversified subindustry, Mulkia Gulf Real Estate REIT's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs REITs Industry

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

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


SAU:4336
69GF Score
Mulkia Gulf Real Estate REIT SAU:4336
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mulkia Gulf Real Estate REIT ROA % Calculation

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

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=-28.362/( (1523.924+1477.8)/ 2 )
=-28.362/1500.862
=-1.89 %

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

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=-37.206/( (1469.729+1477.8)/ 2 )
=-37.206/1473.7645
=-2.52 %

* 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is two times the semi-annual (Dec. 2025) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -2.52% mean?
Mulkia Gulf Real Estate REIT (SAU:4336) has a ROA % of -2.52% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Mulkia Gulf Real Estate REIT and its competitors. According to the industry distribution chart, Mulkia Gulf Real Estate REIT ranks #823 out of 939 companies in the REITs industry, placing it in the top 87.6%.
Is Mulkia Gulf Real Estate REIT's ROA % too high?
Mulkia Gulf Real Estate REIT's current ROA % is -2.52%. Based on the distribution chart, Mulkia Gulf Real Estate REIT ranks #823 out of 939 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Mulkia Gulf Real Estate REIT has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mulkia Gulf Real Estate REIT's ROA % compare to VICI and WPC?
According to the REITs industry distribution chart, Mulkia Gulf Real Estate REIT ranks #823 out of 939 companies for ROA %. This places Mulkia Gulf Real Estate REIT in the lower half of its industry. The industry median ROA % is 3.20. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a REITs company?
The median ROA % among REITs companies is 3.20, based on 939 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Mulkia Gulf Real Estate REIT and its competitors. For the REITs industry, the median ROA % is 3.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mulkia Gulf Real Estate REIT's current ROA % is -2.52%. 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 ﷼4.62 — trading 16.3% below its estimated fair value. The current ROA % is -2.52%. Mulkia Gulf Real Estate REIT's overall GF Score™ is 69/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Mulkia Gulf Real Estate REIT (SAU:4336), the current ROA % is -2.52% 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 ﷼4.62 is trading 16.3% 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:

  • ROA %: -2.52%
  • GF Value™: ﷼5.52 vs. price of ﷼4.62 (16.3% below fair value)
  • GF Score™: 69/100 with 10 warning signs

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.
69GF Score

Get the complete analysis for SAU:4336

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

﷼4.62
Price
﷼5.52
GF Value