Alinma Hospitality REIT closes at lowest price since debut

19/03/2024 Argaam Exclusive

Alinma Hospitality REIT Fund’s stock saw today, March 19, its lowest price since debut on the Saudi Exchange (Tadawul) at SAR 8.68, according to a statement.

 

The stock closed 0.2% higher at SAR 8.73.

Highest per Year (Riyal) Lowest per Year (Riyal)
10.00 8.68
Highest since listing (Riyal) Lowest since listing (Riyal)
10.00 8.68

The fund did not carry out any adjustment to its size since being listed.

Unit performance

Open 8.24
Low 8.17
High 8.33
Previous Close 8.24
Change (3M) (7.57 %)
Change (6M) (10.89 %)
Market Value 834.38
Avg. Volume (3M) 391,577.85
Avg. Turnover (3M) 3,271,427.53
Avg. Transaction (3M) 446.54
Change(12M) (8.19 %)
YTD (15.58 %)

The fund did not carry out any adjustment to its size since being listed.

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2022 IPO   1,020.02 100.55%

Financial Performance :

Overview :

A closed-ended public Shariah-compliant real estate investment traded fund, established under the regulations of real estate investment traded funds. The fund aims to generate sustainable and growing cash dividends for the unitholders and develop its assets through investing directly in constructed and income-generating properties. The fund intends to focus on the hotel and hospitality sector, and tourist accommodation. It may also invest in real estate development projects provided that the ...


Financial Ratios :

Financial Ratio Current
Number of Units (Million) 102.00
Net Income/Unit ( Riyal) 0.59
Funds from operations/Unit ( Riyal) 0.77
Adjusted P/E (Last12) (X) 13.80
Current Price/FFO (X) 10.58
Dividend Yield (%) (Last Year) 7.82
Price/book 0.80
Asset Growth (%) -
Revenue Growth (%) -
Net Income Growth (%) -
Par Value ( Riyal) 10.00


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