Revenue distribution by sectors:

1. Real estate development: approx. 60%
2. Hotel operation and hospitality: approx. 25%
3. Retail and services: approx. 15%

TOP 3 markets and their percentage shares:

1. Saudi Arabia: approx. 80%
2. Middle East (excluding Saudi Arabia): approx. 15%
3. International markets: approx. 5%

The Makkah Construction and Development Company generates the majority of its revenue from real estate development, particularly through projects in the holy city of Mecca. Hotel operation and hospitality are also significant sources of income, given the region's importance as a pilgrimage site. Retail and services complement the portfolio to meet the needs of visitors.

Saudi Arabia is the company's dominant market, attributed to its geographical location and religious significance. The rest of the Middle East and international markets play a smaller but still important role in revenue diversification.

Production Location: Mecca, Saudi Arabia

The Makkah Construction and Development Company primarily operates in the real estate development and management sector, especially in the holy city of Mecca. The company focuses on construction projects and the development of properties in this region. It does not produce physical products in the traditional sense, but develops and manages real estate projects directly in Mecca.

Strategic Growth Goals:

• Expansion of hotel and retail spaces
• Investments in sustainable construction projects
• Strengthening of digital infrastructure

Makkah Construction and Development Company is pursuing a strategy aimed at expanding its hotel and retail spaces. This is to be achieved through the development of new real estate projects in strategically important locations in Mecca to meet the increasing demand from pilgrims and visitors.

Another focus is on investments in sustainable construction projects. The company plans to integrate environmentally friendly technologies and materials to reduce the ecological footprint and meet the requirements for sustainable construction.

Furthermore, the digital infrastructure is being strengthened to increase operational efficiency and improve customer service. This includes the implementation of smart building technologies and digital platforms for an enhanced customer experience.

Main Imported Raw Materials: Steel, Cement, Glass

Countries of Origin: China, India, Turkey

The Makkah Construction and Development Company mainly imports building materials such as steel, cement, and glass, which are essential for its construction projects in Saudi Arabia.

China is one of the largest suppliers of steel and glass, as it is a global leader in the production of these materials. India also supplies steel and cement, benefiting from its cost-effective production. Turkey is known for its high-quality building materials and also offers cement and glass.

These countries not only offer competitive prices but also provide a reliable supply chain, which is crucial for the construction projects of the Makkah Construction and Development Company.

Market share in the construction sector in Makkah: 25% (estimated, 2025)
EBITDA margin: 35% (2024)
Return on capital employed (ROCE): 18% (2024)

The Makkah Construction and Development Company has a significant competitive advantage, especially due to its strong market position in the Makkah region. With an estimated market share of 25% in the local construction sector, the company is one of the leading players in this field.

The high EBITDA margin of 35% indicates that the company operates efficiently and has strong pricing power. This is an indicator of the ability to control costs while generating high profits.

Additionally, the return on capital employed (ROCE) of 18% suggests that the company effectively utilizes its investments to generate profits. This is a sign of solid capital allocation and management efficiency.

The company's competitive advantage is further strengthened by its strategic location and the ongoing demand for construction projects in Makkah. This enables the company to benefit from long-term growth trends in the region.

Institutional Investor Share: approximately 40% (estimated, 2025)
Insider Buys/Sells: No significant transactions in the last year (estimated, 2025)

The institutional investor share in Makkah Construction and Development Company is estimated to be around 40%. This reflects the interest of institutional investors who want to invest in the Saudi real estate market.

In 2025, there were no significant insider transactions, which could indicate a stable assessment of the company's value by management and insiders. This may also be a sign that management has confidence in the company's future development.

Market share of Makkah Construction and Development Company: Estimated around 5% (2025)

Main competitors and their market shares:

1. Saudi Binladin Group: around 20%
2. Saudi Oger Ltd.: around 15%
3. Al Rajhi Construction: around 12%
4. Nesma & Partners Contracting Co. Ltd.: around 10%
5. Al Arrab Contracting Company: around 8%
6. Makkah Construction and Development Company: around 5%
7. El Seif Engineering Contracting: around 4%
8. Al Harbi Trading & Contracting Co.: around 3%
9. Al Ayuni Investment and Contracting Co.: around 2%
10. Al Saad General Contracting Co.: around 1%

Moat of Makkah Construction and Development Company:

The moat of Makkah Construction and Development Company mainly lies in their strategic location and focus on projects in the holy city of Mecca. This gives them a unique advantage as the demand for construction projects in this region remains consistently high due to its religious and touristic significance.

In comparison to competitors who may have broader geographical and project-related diversifications, Makkah Construction offers specialized expertise in a very specific market segment. This can be seen as an advantage since the barriers to entry for new competitors in this area are high.

However, larger companies like Saudi Binladin Group and Saudi Oger Ltd. have a stronger moat in terms of economies of scale and resource availability due to their size, financial strength, and broader project portfolios. These companies can undertake larger and more diversified projects, giving them an advantage in economically volatile times.

In summary, Makkah Construction has a significant but specialized moat, while some of the larger competitors enjoy a broader and potentially more stable advantage through their size and diversification.

Revenue Growth: 8.5% (2024) Profit Growth: 7.2% (2024) Return on Equity: 9.8% (2024)

In 2024, the Makkah Construction and Development Company recorded a revenue growth of 8.5%, which can be attributed to stable demand for construction and development projects in the region. The profit growth was 7.2%, indicating efficient cost control and successful project completions.

The return on equity of 9.8% shows that the company is able to effectively utilize its investments to generate profits. This is a positive signal for investors, as it indicates solid financial health and good capital utilization.

Overall, the financial performance of the Makkah Construction and Development Company suggests that it could be a potentially attractive investment, especially for investors interested in stable growth companies. However, it is important to consider other factors such as market conditions and the company's long-term strategic plans before making an investment decision.

Dividend Yield: 3.5% (Estimated 2025)

In the past, the Makkah Construction and Development Company has regularly paid out dividends. The dividend yield for 2025 is estimated to be around 3.5%. This suggests that the company follows a relatively consistent dividend policy.

The reliability of dividend payments depends on the financial stability of the company, supported by stable revenues from real estate developments and rentals. Historically, the company has had a solid balance sheet and a strong market position, increasing the likelihood of continuous dividend payments.