4345.SR

Hot Air

Alinma Retail REIT Fund · Real Estate · Saudi Arabia · $126M cap · $126K/day traded

SAR 4.30 +1.9% · close 12 Nov · scored 13 Nov

Score up 2.0 since 12 Nov: Momentum up 3 after a 2% price rise.

Hot Air: Strong momentum and nothing else: weak business, rich price.

40
Score
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Quality
32
Value
38
Momentum
63

As of 13 Nov 2026, the MoatMap Score for Alinma Retail REIT Fund (4345.SR) is 40/100, ranked against 25,000+ stocks in 38 markets (Quality 32, Value 38, Momentum 63, each scored against its sector).

Does the score work? Each tenth of the ranking, tracked monthly. See the record →

P/E (TTM)
—
peers 14.3x
ROE
-6.7%
peers 5.4%
D/E
0.9x
peers 0.6x
Dividend %
8.7%
trailing yield

ABOUT ALINMA RETAIL REIT FUND

Read

Alinma Retail REIT Fund is a real estate investment fund. The fund focuses to invest in real estate assets, within Saudi Arabia.

FINANCIAL SUMMARY (SAR)

Year2022202320242025CAGRTTM
Revenue48.7M51.6M79.8M101.7M27.8%89.6M
EPS (SAR)-0.03-0.090.07-0.18—-0.45
Shares118.0M118.0M118.0M118.0M0.0%113.9M
Debt7.3M62.1M264.0M660.9M348.5%681.6M
Equity905.7M865.4M835.7M773.4M-5.1%—
Op CF19.4M56.3M81.6M55.4M41.9%67.8M
Inv CF-15.4M-69.2M-238.6M-361.0M——
Fin CF-26.5M20.2M146.5M312.6M——
PRICE (1Y) · SAR-4.4%
4.14.24.34.44.54 Oct25 Oct12 Nov
SMA 50SMA 200
Price checkNo clear trendExperimental

No clear trend: not near its 52-week low, and not in a steady uptrend.

SwingsVery calm

Calmer than 96% of stocks we rank over the past year (volatility 15% 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: 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 (this stock): 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.

Close
SAR 4.30
RSI (14)
74.5
52-Week Range-11.9% from high
Low SAR 4.00High SAR 4.88

SCORE BREAKDOWN

Quality
32
ROIC
1.5%18.8
ROE
-6.7%9.6
GP/Assets
4.9%38.1
Op. Margin
5.3%22.6
FCF/Assets
1.1%31.0
Piotroski
660.8
Int. Cover
0.5x13.4
D/E Ratio
0.93x38.1
Current Ratio
2.01x65.6
Value
38
P/E (TTM)
—N/A
EV/EBITDA
20.1x32.1
P/FCF
30.3x16.4
P/B
0.7x65.2
P/S
5.4x37.7
Div Yield
8.7%81.1
Momentum
63
52W High %
88%71.7
RS 6M
4%77.6
SMA 50/200
0.97x54.6
EPS Rev 4W
—N/A
EPS Rev 12W
—N/A
EPS Improve
—N/A
Q Growth
—N/A

FUNDAMENTALS

Market Cap
$126M
P/E (Forward)
—
Gross Margin
79.3%

SECTOR PEERS

Closest peers in Real Estate, ranked by industry match, size, and score similarity. Cross-listings of 4345.SR are excluded.

TickerCompanyMkt CapScore
4345.SRAlinma Retail REIT Fund(you)$126M40
9640.SRASAS Makeen Real Estate Development and Investment Company$148M40
4350.SRAlistithmar AREIC Diversified REIT$102M40
4330.SRRiyad REIT Fund$182M39
4336.SRMulkia Gulf Real Estate REIT$107M53
4324.SRBanan Real Estate Company$147M54
4346.SRMEFIC REIT Fund$53M39
4349.SRAlinma Hospitality REIT$186M29
4339.SRDerayah Financial - Derayah Reit Fund$143M57
4320.SRAlandalus Property Company$331M37

Peer medians: ROE 5.4% · P/E 14.3x · Gross margin 64.4%

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.

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Alinma Retail REIT Fund (4345.SR): Stock Score Summary

Alinma Retail REIT Fund (4345.SR) has a MoatMap Score of 40/100 based on Quality (32/100), Value (38/100), and Momentum (63/100) factor scores.

Alinma Retail REIT Fund is a real estate investment fund. The fund focuses to invest in real estate assets, within Saudi Arabia.

Key Financial Metrics

PriceSAR 4.30
Market Cap$126M
Price/Book0.67
Return on Equity-6.7%
Return on Invested Capital1.5%
Debt/Equity0.93x
Gross Margin79.3%
Operating Margin5.3%
Revenue Growth-28.8%
Dividend Yield8.7%
Free Cash Flow$4M

Alinma Retail REIT Fund operates in the REIT - Retail industry, part of the Real Estate sector (Saudi Arabia).

Frequently Asked Questions

What is Alinma Retail REIT Fund’s (4345.SR) MoatMap Score?
The MoatMap Score for Alinma Retail REIT Fund (4345.SR) is 40/100. It is a composite of Quality (32), Value (38), and Momentum (63), each scored against its sector. The composite is then ranked across MoatMap’s universe of 25,000+ stocks.
Does Alinma Retail REIT Fund have an economic moat?
Alinma Retail REIT Fund (4345.SR) has a Quality factor score of 32/100. Quality blends several measures of profitability and financial strength, led by gross profit to assets, return on invested capital and free cash flow to assets. A high score describes the financial record a durable advantage tends to leave; it does not prove a moat.
What sector is Alinma Retail REIT Fund in?
Alinma Retail REIT Fund (4345.SR) operates in the Real Estate sector, specifically the REIT - Retail industry (Saudi Arabia).