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National Real Estate Co KSC NRE

Morningstar Rating
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

NRE is trading at a 39% discount.
Price
KWD 0.10
Fair Value
KWD 6.91
Uncertainty
Very High
1-Star Price
KWD 6.49
5-Star Price
KWD 6.55
Economic Moat
Zfg
Capital Allocation
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Trading Information

Previous Close Price
Day Range
52-Week Range
Bid/Ask
/
Market Cap
Volume/Avg
/

Key Statistics

Price/Earnings (Normalized)
28.41
Price/Sales
14.49
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

National Real Estate Co KSC (NREC) is a real estate investment and development company. The company is engaged in the purchase, development, and sale of land, management of real estate properties, real estate construction, and maintenance services. The company reports in two segments: Real Estate and others which include development, trading, leasing, and management of real estate properties and other activities, and the Investments segment which consists of investment in an associate, joint venture, and equity securities. The portfolio of company projects includes Residential, Malls, commercial, industrial, warehousing, and resorts. NREC has development projects in United Arab Emirates, Egypt, Jordan, Kuwait, and Libya.
Sector
Real Estate
Industry
Real Estate - Development
Stock Style Box
Small Value
Total Number of Employees
324

Comparables

Valuation

Metric
NRE
MABANEE
ALTIJARIA
Price/Earnings (Normalized)
28.4115.9522.89
Price/Book Value
0.551.770.81
Price/Sales
14.498.508.08
Price/Cash Flow
14.1735.77
Price/Earnings
NRE
MABANEE
ALTIJARIA

Financial Strength

Metric
NRE
MABANEE
ALTIJARIA
Quick Ratio
0.501.871.83
Current Ratio
0.601.942.40
Interest Coverage
−2.676.722.49
Quick Ratio
NRE
MABANEE
ALTIJARIA

Profitability

Metric
NRE
MABANEE
ALTIJARIA
Return on Assets (Normalized)
−6.03%5.40%0.10%
Return on Equity (Normalized)
−9.00%11.05%0.20%
Return on Invested Capital (Normalized)
−5.12%6.83%1.47%
Return on Assets
NRE
MABANEE
ALTIJARIA
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Real Estate - Development Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
SUHJF
Sun Hung Kai Properties LtdGzgg$26.9 Bil
SUHJY
Sun Hung Kai Properties Ltd ADRFwhpp$26.9 Bil
CRBJF
China Resources Land LtdBkwz$25.9 Bil
CRBJY
China Resources Land Ltd ADRCmnqx$25.9 Bil
CAOVY
China Overseas Land & Investment Ltd ADRBndc$20.4 Bil
CAOVF
China Overseas Land & Investment LtdWfsg$20.4 Bil
DWAHY
Daiwa House Industry Co Ltd ADRJdzp$18.2 Bil
DWAHF
Daiwa House Industry Co LtdNpxt$18.2 Bil
CNGKY
CK Asset Holdings Ltd ADRQdnfx$15.1 Bil
CHKGF
CK Asset Holdings LtdJgwmq$15.1 Bil

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