Alahli REIT Fund 1 (SAU:4338) ROE % Adjusted to Book Value: 2.12% (As of Dec. 2025)

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:4338 Alahli REIT Fund 1 SAU:4338
72 GF Score
Price ﷼6.47
GF Value ﷼8.34
Valuation Modestly Undervalued
! 10 Warning Signs
View Full Analysis

What is Alahli REIT Fund 1 ROE % Adjusted to Book Value?

Alahli REIT Fund 1 SAU:4338 +0.62% 72 ROE % Adjusted to Book Value is 2.12% 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 ROE % for the quarter that ended in Dec. 2025 was 1.59%. Alahli REIT Fund 1's PB Ratio for the quarter that ended in Dec. 2025 was 0.75. Alahli REIT Fund 1's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 was 2.12%.


Alahli REIT Fund 1 ROE % Adjusted to Book Value Related Terms


Alahli REIT Fund 1 ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Alahli REIT Fund 1's ROE % Adjusted to Book 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.

Alahli REIT Fund 1 ROE % Adjusted to Book Value Chart

Alahli REIT Fund 1 Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial 4.79 4.71 3.20 2.70 2.09

Alahli REIT Fund 1 Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % Adjusted to Book 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 Premium Member Only 2.93 2.74 2.43 1.91 2.12

SAU:4338 vs VICI, WPC: ROE % Adjusted to Book Value Comparison

For the REIT - Diversified subindustry, Alahli REIT Fund 1's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book 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.


Alahli REIT Fund 1 ROE % Adjusted to Book Value vs REITs Industry

For the REITs industry and Real Estate sector, Alahli REIT Fund 1's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Alahli REIT Fund 1's ROE % Adjusted to Book Value falls into.


SAU:4338
72GF Score
Alahli REIT Fund 1 SAU:4338
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alahli REIT Fund 1 ROE % Adjusted to Book Value Calculation

Alahli REIT Fund 1's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=1.57% / 0.75
=2.09%

Alahli REIT Fund 1's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=1.59% / 0.75
=2.12%

* 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.

What does a ROE % Adjusted to Book Value of 2.12% mean?
Alahli REIT Fund 1 (SAU:4338) has a ROE % Adjusted to Book Value of 2.12% as of Dec. 2025. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Alahli REIT Fund 1 and its competitors.
Is Alahli REIT Fund 1's ROE % Adjusted to Book Value too high?
Alahli REIT Fund 1's current ROE % Adjusted to Book Value is 2.12%. 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 ROE % Adjusted to Book Value compare to VICI and WPC?
Alahli REIT Fund 1's ROE % Adjusted to Book Value of 2.12% 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 ROE % Adjusted to Book Value for a REITs company?
A good ROE % Adjusted to Book Value depends on the REITs industry context. However, ROE % Adjusted to Book 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Alahli REIT Fund 1 and its competitors. Alahli REIT Fund 1's current ROE % Adjusted to Book Value is 2.12%. 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 ROE % Adjusted to Book Value is 2.12%. 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 ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Alahli REIT Fund 1 (SAU:4338), the current ROE % Adjusted to Book Value is 2.12% 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:

  • ROE % Adjusted to Book Value: 2.12%
  • 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

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

﷼6.47
Price
﷼8.34
GF Value