4322.SR
Unloved QualityRetal Urban Development Company · Real Estate · Saudi Arabia · $820M cap · $3.7M/day traded
SAR 7.42 -4.3% · close 12 Nov · scored 13 Nov
Unloved Quality: Strong and cheap, but the market has not warmed to it.
As of 13 Nov 2026, the MoatMap Score for Retal Urban Development Company (4322.SR) is 37/100, ranked against 25,000+ stocks in 38 markets (Quality 66, Value 52, Momentum 10, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT RETAL URBAN DEVELOPMENT COMPANY
Read
Retal Urban Development Company, through its subsidiaries, operates as a real estate developer in the Kingdom of Saudi Arabia. It operates through the Real Estate Development, Investment, and Other segments.
FINANCIAL SUMMARY (SAR)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM |
|---|---|---|---|---|---|---|
| Revenue | 1.1B | 1.4B | 2.1B | 2.4B | 30.1% | 2.7B |
| EPS (SAR) | 0.49 | 0.40 | 0.53 | 0.59 | 6.4% | 0.41 |
| Shares | 500.0M | 500.0M | 499.2M | 499.0M | -0.2% | 499.0M |
| Debt | 819.0M | 1.5B | 1.8B | 1.5B | 22.1% | 1.7B |
| Equity | 734.4M | 742.5M | 834.0M | 1.0B | 11.4% | — |
| Op CF | 0.5M | -148.3M | -143.9M | 442.1M | 887.0% | 415.6M |
| Inv CF | 82.9M | -86.7M | 39.0M | 10.2M | — | — |
| Fin CF | 31.6M | 418.0M | 84.3M | -418.5M | — | — |
Made a new 52-week low 4 trading days ago, 52% below its 52-week high. The fall has not stopped yet.
Swung more than 51% of stocks we rank over the past year (volatility 43% a year).
How this is worked out
The Price check reads only the chart, the price side of the Momentum score in words; it is not the MoatMap Score.
- Still falling (this stock): It set a new 52-week low in the last two weeks, after a deep fall.
- Finding a floor: It fell hard, but has set no new low for more than two weeks.
- Turning up: It has climbed off its low and is back above a rising 50-day average.
- In an uptrend: It is near its 52-week high and above its 200-day average.
- No clear trend: None of the above: no recent deep fall and no steady climb.
- No read yet: Not enough price history yet: it needs a year of trading.
In past US falls, waiting for Turning up cut the chance of another 20% drop from 42% to 33%. Returns were no better, and 33% of turns failed.
The exact rules
Still falling is a new 52-week low in the last two weeks, at least 25% below the high, with the low set after the high. Finding a floor is the same fall with no new low in the last two weeks. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average, with the 50-day average above the 200-day, and within 15% of the high. No clear trend is everything else. No read yet is under 252 trading days of history, or missing data. A new state shows once it has held for three trading days.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Real Estate, ranked by industry match, size, and score similarity. Cross-listings of 4322.SR are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| 4322.SR | Retal Urban Development Company(you) | $820M | 37 |
| 4326.SR | Dar Al Majed Real Estate Company | $379M | 24 |
| 4310.SR | Knowledge Economic City Company | $1.8B | 24 |
| 4220.SR | Emaar The Economic City | $1.8B | 4 |
| 9610.SR | First Avenue Real Estate Development Company | $147M | 17 |
| 4328.SR | Ladun Investment Co. | $228M | 2 |
| 4323.SR | Sumou Real Estate Company | $319M | 82 |
| 9648.SR | Hamad Mohammed Bin Saedan Real Estate Company | $64M | 53 |
| 4300.SR | Dar Al Arkan Real Estate Development Company | $5.2B | 67 |
| 9521.SR | INMAR Company | $222M | 82 |
Peer medians: ROE 5.3% · P/E 14.1x · Gross margin 69.0%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.