THE NATIONAL REAL ESTATE COMPANY

National Real Estate Co. S.A.K.

NREStocksBoursa KuwaitReal Estate

Financials

1-5

	CurrentMar 10, 2026	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Market & Price
Market Capitalization	142.45M	156.23M	124.28M	232.27M	343.45M
Market Cap Growth	-15.2%	+25.7%	-46.5%	-32.4%	+202.7%
Enterprise Value	261.55M	263.29M	233.90M	339.91M	456.92M
Last Close Price	0.07	0.07	0.06	0.11	0.17
Valuation Multiples
PE Ratio	—	16.78	—	12.95	1.72
PS Ratio	-6.07	5.76	-19.35	5.34	1.30
PB Ratio	0.49	0.41	0.36	0.65	0.76
P/TBV Ratio	0.50	0.42	0.36	0.66	0.77
P/OCF Ratio	—	13,137.63	387.41	—	121.69
EV/Sales Ratio	—	9.70	—	7.82	1.72
EV/EBITDA Ratio	—	13.43	—	17.06	2.03
EV/EBIT Ratio	—	13.65	—	17.14	2.03
Leverage & Capital
Debt / Equity Ratio	0.52	0.38	0.38	0.36	0.28
Debt / EBITDA Ratio	—	7.30	—	6.34	0.56
Net Debt / Equity Ratio	0.40	0.26	0.30	0.28	0.22
Net Debt / EBITDA Ratio	-3.85	4.94	-4.16	5.02	0.44
Efficiency & Liquidity
Asset Turnover	—	0.05	—	0.07	0.46
Inventory Turnover	0.03	0.05	0.13	0.24	0.33
Quick Ratio	0.86	1.42	1.46	2.36	1.15
Current Ratio	1.50	2.35	2.92	4.96	2.69
Returns & Yields
Return on Equity (ROE)	-11.8%	+2.7%	-9.8%	+4.5%	+53.1%
Return on Assets (ROA)	-3.6%	+2.2%	-3.0%	+2.1%	+24.5%
Return on Invested Capital (ROIC)	-6.6%	+3.6%	-5.2%	+3.6%	+45.1%
Earnings Yield	-27.8%	+6.0%	-28.3%	+7.7%	+58.1%
Buyback Yield / Dilution	-4.3%	-6.0%	-0.9%	+0.6%	+1.3%

KWD 0.07

Official close

-1.6%

Price as of March 29, 2026 · Market close

Prices may be delayed by up to 30 minutes.

1-5

	CurrentMar 10, 2026	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Market & Price
Market Capitalization	142.45M	156.23M	124.28M	232.27M	343.45M
Market Cap Growth	-15.2%	+25.7%	-46.5%	-32.4%	+202.7%
Enterprise Value	261.55M	263.29M	233.90M	339.91M	456.92M
Last Close Price	0.07	0.07	0.06	0.11	0.17
Valuation Multiples
PE Ratio	—	16.78	—	12.95	1.72
PS Ratio	-6.07	5.76	-19.35	5.34	1.30
PB Ratio	0.49	0.41	0.36	0.65	0.76
P/TBV Ratio	0.50	0.42	0.36	0.66	0.77
P/OCF Ratio	—	13,137.63	387.41	—	121.69
EV/Sales Ratio	—	9.70	—	7.82	1.72
EV/EBITDA Ratio	—	13.43	—	17.06	2.03
EV/EBIT Ratio	—	13.65	—	17.14	2.03
Leverage & Capital
Debt / Equity Ratio	0.52	0.38	0.38	0.36	0.28
Debt / EBITDA Ratio	—	7.30	—	6.34	0.56
Net Debt / Equity Ratio	0.40	0.26	0.30	0.28	0.22
Net Debt / EBITDA Ratio	-3.85	4.94	-4.16	5.02	0.44
Efficiency & Liquidity
Asset Turnover	—	0.05	—	0.07	0.46
Inventory Turnover	0.03	0.05	0.13	0.24	0.33
Quick Ratio	0.86	1.42	1.46	2.36	1.15
Current Ratio	1.50	2.35	2.92	4.96	2.69
Returns & Yields
Return on Equity (ROE)	-11.8%	+2.7%	-9.8%	+4.5%	+53.1%
Return on Assets (ROA)	-3.6%	+2.2%	-3.0%	+2.1%	+24.5%
Return on Invested Capital (ROIC)	-6.6%	+3.6%	-5.2%	+3.6%	+45.1%
Earnings Yield	-27.8%	+6.0%	-28.3%	+7.7%	+58.1%
Buyback Yield / Dilution	-4.3%	-6.0%	-0.9%	+0.6%	+1.3%