Mulkia Gulf Real Estate REIT (SAU:4336) ROC %: 3.32% (As of Dec. 2025)


SAU:4336 Mulkia Gulf Real Estate REIT SAU:4336
69 GF Score
Price ﷼4.61
GF Value ﷼5.52
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Mulkia Gulf Real Estate REIT ROC %?

Mulkia Gulf Real Estate REIT SAU:4336 -0.43% 69 ROC % is 3.32% 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.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Mulkia Gulf Real Estate REIT's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was 3.32%.

As of today (2026-06-29), Mulkia Gulf Real Estate REIT's WACC % is 6.48%. Mulkia Gulf Real Estate REIT's ROC % is 3.60% (calculated using TTM income statement data). Mulkia Gulf Real Estate REIT earns returns that do not match up to its cost of capital. It will destroy value as it grows.


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

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Mulkia Gulf Real Estate REIT's WACC % is 6.48%. Mulkia Gulf Real Estate REIT's ROC % is 3.60% (calculated using TTM income statement data). Mulkia Gulf Real Estate REIT earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of 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.


Mulkia Gulf Real Estate REIT ROC % Related Terms


Mulkia Gulf Real Estate REIT ROC % Historical Data

* Premium members only.

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

Mulkia Gulf Real Estate REIT Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC %
Get a 7-Day Free Trial Premium Member Only 4.16 0.00 2.78 2.98 3.56

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
ROC % 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 1.47 3.10 3.12 3.92 3.32
SAU:4336
69GF Score
Mulkia Gulf Real Estate REIT SAU:4336
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mulkia Gulf Real Estate REIT ROC % Calculation

Mulkia Gulf Real Estate REIT's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=52.73 * ( 1 - 0% )/( (1501.87 + 1458.196)/ 2 )
=52.73/1480.033
=3.56 %

where

Mulkia Gulf Real Estate REIT's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=47.946 * ( 1 - 0% )/( (1433.636 + 1458.196)/ 2 )
=47.946/1445.916
=3.32 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1469.729 - 22.709 - ( 25.931 - max(0, 43.187 - 56.571+25.931))
=1433.636

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data. The tax rate is limited to between 0% and 100%.

* 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 ROC % →
What does a ROC % of 3.32% mean?
Mulkia Gulf Real Estate REIT (SAU:4336) has a ROC % of 3.32% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Mulkia Gulf Real Estate REIT and its competitors.
Is Mulkia Gulf Real Estate REIT's ROC % too high?
Mulkia Gulf Real Estate REIT's current ROC % is 3.32%. The REITs industry median ROC % is 3.75. Mulkia Gulf Real Estate REIT's value of 3.32% is 11.3% below this industry median. 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 ROC % compare to VICI and WPC?
Mulkia Gulf Real Estate REIT's ROC % of 3.32% can be compared against companies in the REITs industry. The industry median ROC % is 3.75. Mulkia Gulf Real Estate REIT's value of 3.32% is 11.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a REITs company?
The median ROC % among REITs companies is 3.75, based on 748 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mulkia Gulf Real Estate REIT's current ROC % of 3.32% is 11.3% 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 ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Mulkia Gulf Real Estate REIT and its competitors. For the REITs industry, the median ROC % is 3.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mulkia Gulf Real Estate REIT's current ROC % is 3.32%. 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 ﷼4.61 — trading 16.5% below its estimated fair value. The current ROC % is 3.32% and 11.3% below the REITs industry median of 3.75. 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 ROC % calculated?
ROC % is calculated from a company's financial statements. For Mulkia Gulf Real Estate REIT (SAU:4336), the current ROC % is 3.32% 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 ﷼4.61 is trading 16.5% 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:

  • ROC %: 3.32%
  • GF Value™: ﷼5.52 vs. price of ﷼4.61 (16.5% below fair value)
  • GF Score™: 69/100 with 10 warning signs
  • Industry Position: 11.3% below the REITs median

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

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

﷼4.61
Price
﷼5.52
GF Value