THE COMMERCIAL REAL ESTATE CO.

Commercial Real Estate Co.

ALTIJARIAStocksBoursa KuwaitMarket closed

Financials

1-5

	CurrentMar 10, 2026	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022
Market & Price
Market Capitalization	342.94M	364.40M	267.02M	179.08M	173.46M
Market Cap Growth	+23.8%	+36.5%	+49.1%	+3.2%	-23.4%
Enterprise Value	562.30M	583.80M	478.12M	394.27M	383.04M
Last Close Price	0.19	0.20	0.14	0.09	0.09
Valuation Multiples
PE Ratio	20.87	22.34	17.12	12.42	13.90
PS Ratio	9.18	9.76	7.31	5.38	6.33
PB Ratio	1.06	1.12	0.83	0.57	0.55
P/TBV Ratio	1.15	1.23	0.91	0.62	0.60
P/OCF Ratio	19.57	20.80	13.31	11.16	9.18
EV/Sales Ratio	15.06	15.63	13.08	11.83	13.98
EV/EBITDA Ratio	22.85	23.73	19.23	17.33	20.88
EV/EBIT Ratio	24.09	25.01	20.23	18.30	22.32
Leverage & Capital
Debt / Equity Ratio	0.77	0.77	0.75	0.73	0.71
Debt / EBITDA Ratio	10.20	10.20	9.61	10.18	12.16
Net Debt / Equity Ratio	0.60	0.60	0.58	0.59	0.59
Net Debt / EBITDA Ratio	7.91	7.91	7.46	8.20	10.03
Efficiency & Liquidity
Asset Turnover	0.06	0.06	0.06	0.06	0.05
Inventory Turnover	0.64	0.64	0.60	0.50	0.46
Quick Ratio	2.08	2.08	1.06	1.54	0.91
Current Ratio	2.89	2.89	1.52	2.40	1.37
Returns & Yields
Return on Equity (ROE)	+5.6%	+5.6%	+5.5%	+5.1%	+4.3%
Return on Assets (ROA)	+2.5%	+2.5%	+2.6%	+2.4%	+2.0%
Return on Invested Capital (ROIC)	+4.0%	+4.1%	+4.2%	+4.0%	+3.2%
Earnings Yield	+4.8%	+4.5%	+5.8%	+8.1%	+7.2%
Dividend Yield	+1.6%	+1.5%	+2.1%	+4.1%	+3.2%
Payout Ratio	+33.3%	+32.7%	+45.4%	+36.5%	+70.7%
Buyback Yield / Dilution	+1.3%	+1.3%	-0.4%	+2.0%	+0.7%
Total Shareholder Return	+2.9%	+2.8%	+1.7%	+6.1%	+3.9%

1-5

	CurrentMar 10, 2026	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022
Market & Price
Market Capitalization	342.94M	364.40M	267.02M	179.08M	173.46M
Market Cap Growth	+23.8%	+36.5%	+49.1%	+3.2%	-23.4%
Enterprise Value	562.30M	583.80M	478.12M	394.27M	383.04M
Last Close Price	0.19	0.20	0.14	0.09	0.09
Valuation Multiples
PE Ratio	20.87	22.34	17.12	12.42	13.90
PS Ratio	9.18	9.76	7.31	5.38	6.33
PB Ratio	1.06	1.12	0.83	0.57	0.55
P/TBV Ratio	1.15	1.23	0.91	0.62	0.60
P/OCF Ratio	19.57	20.80	13.31	11.16	9.18
EV/Sales Ratio	15.06	15.63	13.08	11.83	13.98
EV/EBITDA Ratio	22.85	23.73	19.23	17.33	20.88
EV/EBIT Ratio	24.09	25.01	20.23	18.30	22.32
Leverage & Capital
Debt / Equity Ratio	0.77	0.77	0.75	0.73	0.71
Debt / EBITDA Ratio	10.20	10.20	9.61	10.18	12.16
Net Debt / Equity Ratio	0.60	0.60	0.58	0.59	0.59
Net Debt / EBITDA Ratio	7.91	7.91	7.46	8.20	10.03
Efficiency & Liquidity
Asset Turnover	0.06	0.06	0.06	0.06	0.05
Inventory Turnover	0.64	0.64	0.60	0.50	0.46
Quick Ratio	2.08	2.08	1.06	1.54	0.91
Current Ratio	2.89	2.89	1.52	2.40	1.37
Returns & Yields
Return on Equity (ROE)	+5.6%	+5.6%	+5.5%	+5.1%	+4.3%
Return on Assets (ROA)	+2.5%	+2.5%	+2.6%	+2.4%	+2.0%
Return on Invested Capital (ROIC)	+4.0%	+4.1%	+4.2%	+4.0%	+3.2%
Earnings Yield	+4.8%	+4.5%	+5.8%	+8.1%	+7.2%
Dividend Yield	+1.6%	+1.5%	+2.1%	+4.1%	+3.2%
Payout Ratio	+33.3%	+32.7%	+45.4%	+36.5%	+70.7%
Buyback Yield / Dilution	+1.3%	+1.3%	-0.4%	+2.0%	+0.7%
Total Shareholder Return	+2.9%	+2.8%	+1.7%	+6.1%	+3.9%