Mazaya

Mazaya Real Estate Development Company

MRDSStocksQatar Stock ExchangeReal Estate

Financials

1-5

	CurrentMar 10, 2026	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022
Market & Price
Market Capitalization	0.57B	0.57B	0.58B	0.84B	0.81B
Market Cap Growth	-7.1%	-1.9%	-30.2%	+3.9%	-24.3%
Enterprise Value	1.86B	1.89B	1.98B	1.79B	1.67B
Last Close Price	0.57	0.57	0.58	0.70	0.67
Valuation Multiples
PE Ratio	16.26	10.60	—	28.19	19.65
PS Ratio	3.81	3.83	4.19	6.78	6.61
PB Ratio	0.56	0.57	0.61	0.80	0.79
P/TBV Ratio	0.56	0.57	0.61	0.80	0.79
P/OCF Ratio	3.74	4.86	136.92	10.31	9.08
EV/Sales Ratio	12.41	12.65	14.22	14.51	13.66
EV/EBITDA Ratio	20.34	17.03	21.52	21.58	19.69
EV/EBIT Ratio	20.50	17.10	21.61	21.68	19.81
Leverage & Capital
Debt / Equity Ratio	1.39	1.41	1.51	1.17	0.92
Debt / EBITDA Ratio	15.44	12.81	15.63	14.83	10.91
Net Debt / Equity Ratio	1.27	1.31	1.43	0.99	0.83
Net Debt / EBITDA Ratio	14.13	11.90	14.80	12.53	9.98
Efficiency & Liquidity
Asset Turnover	0.06	0.06	0.06	0.06	0.06
Inventory Turnover	0.18	0.22	0.57	—	—
Quick Ratio	0.95	0.87	0.92	1.20	0.80
Current Ratio	1.48	1.45	1.11	2.22	1.00
Returns & Yields
Return on Equity (ROE)	+3.5%	+5.5%	-7.0%	+2.9%	+4.1%
Return on Assets (ROA)	+2.2%	+2.7%	+2.3%	+2.3%	+2.5%
Return on Invested Capital (ROIC)	+3.7%	+4.5%	+3.9%	+3.8%	+4.3%
Earnings Yield	+6.2%	+9.4%	-12.0%	+3.5%	+5.1%
Dividend Yield	—	—	—	+3.6%	—
Payout Ratio	—	—	—	—	+2.6%
Buyback Yield / Dilution	-1.2%	—	+12.7%	+1.1%	—
Total Shareholder Return	-1.2%	—	+12.7%	+4.7%	—

1-5

	CurrentMar 10, 2026	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022
Market & Price
Market Capitalization	0.57B	0.57B	0.58B	0.84B	0.81B
Market Cap Growth	-7.1%	-1.9%	-30.2%	+3.9%	-24.3%
Enterprise Value	1.86B	1.89B	1.98B	1.79B	1.67B
Last Close Price	0.57	0.57	0.58	0.70	0.67
Valuation Multiples
PE Ratio	16.26	10.60	—	28.19	19.65
PS Ratio	3.81	3.83	4.19	6.78	6.61
PB Ratio	0.56	0.57	0.61	0.80	0.79
P/TBV Ratio	0.56	0.57	0.61	0.80	0.79
P/OCF Ratio	3.74	4.86	136.92	10.31	9.08
EV/Sales Ratio	12.41	12.65	14.22	14.51	13.66
EV/EBITDA Ratio	20.34	17.03	21.52	21.58	19.69
EV/EBIT Ratio	20.50	17.10	21.61	21.68	19.81
Leverage & Capital
Debt / Equity Ratio	1.39	1.41	1.51	1.17	0.92
Debt / EBITDA Ratio	15.44	12.81	15.63	14.83	10.91
Net Debt / Equity Ratio	1.27	1.31	1.43	0.99	0.83
Net Debt / EBITDA Ratio	14.13	11.90	14.80	12.53	9.98
Efficiency & Liquidity
Asset Turnover	0.06	0.06	0.06	0.06	0.06
Inventory Turnover	0.18	0.22	0.57	—	—
Quick Ratio	0.95	0.87	0.92	1.20	0.80
Current Ratio	1.48	1.45	1.11	2.22	1.00
Returns & Yields
Return on Equity (ROE)	+3.5%	+5.5%	-7.0%	+2.9%	+4.1%
Return on Assets (ROA)	+2.2%	+2.7%	+2.3%	+2.3%	+2.5%
Return on Invested Capital (ROIC)	+3.7%	+4.5%	+3.9%	+3.8%	+4.3%
Earnings Yield	+6.2%	+9.4%	-12.0%	+3.5%	+5.1%
Dividend Yield	—	—	—	+3.6%	—
Payout Ratio	—	—	—	—	+2.6%
Buyback Yield / Dilution	-1.2%	—	+12.7%	+1.1%	—
Total Shareholder Return	-1.2%	—	+12.7%	+4.7%	—