Al Rajhi REIT Fund

4340.SR · Real Estate · · SAR

7.92 SAR

+0.00 (0.51%)

● Updated 2026-09-07 21:02 Saudi Time ↻ Refresh

Short-term Mid-term Long-term

Fahodi Score HOLD Long-term (Investment)

/ 100

Technical 75

Trend & RS 55

Momentum 50

Fundamental 45

Macro 59

Liquidity 39

Component	Score	Weight
Technical	75.0	10%
Trend & RS	55.4	10%
Momentum	49.9	5%
Fundamental	45.4	40%
Macro	59.4	15%
Liquidity	38.8	20%

Trade Setup

Entry	7.92
Stop Loss	7.72 (2.5%)
Target 1 (1:1)	8.12 (+2.5%)
Target 2 (2:1)	8.32 (+5.0%)

ATR(14)	0.10 (1.3%)
Risk per Share	0.20
Reward:Risk	2:1

ATR-based levels. Adjust for support/resistance zones.

Factor Profile

Factor	Score	Z
Value	73.6	+0.95
Momentum	49.9	-0.00
Quality	50.1	+0.00
Composite	57.9

Quality Scores

Piotroski F-Score 5 /9 — Average

✓ ✓ ✗ ✗ ✓ ✗ ✓ ✓ ✗

1. Positive Net Income 2. Positive Roa 3. Positive Cfo 4. Quality Earnings 5. Lower Leverage 6. Higher Liquidity 7. No Dilution 8. Higher Gross Margin 9. Higher Asset Turnover

Altman Z-Score 1.76 — Distress Zone

Distress <1.81Grey 1.81–2.99>2.99 Safe

Valuation vs Peers Undervalued

Metric	Stock	Sector	vs Peers
P/E Ratio	17.6	18.0	Inline
P/B Ratio	1.0	1.5	Below
Dividend Yield	6.8%	4.0%	Above avg

Comparing against Real Estate median multiples.

Trading at a discount to sector peers — potential value opportunity.

Intrinsic Value (DCF) Significantly Overvalued

Intrinsic Value

4.82

Market Price

7.92

Upside

-39.2%

Margin of Safety	-64.4%
Stage 1 PV (5yr FCF)	397,794,730
Terminal Value PV	929,594,539
Total Enterprise Value	1,327,389,269

Assumptions

Base FCF	99,218,699
Growth Rate (5yr)	2.0%
Terminal Growth	2.5%
Discount Rate (WACC)	10.0%

2-stage DCF: 5yr projected FCF + Gordon Growth terminal value. Estimates only — adjust growth and WACC for your own assumptions.

Position Sizing — Kelly Criterion

4.5%

Recommended Size

32.79%

Full Kelly

16.4%

Half Kelly

5.0%

Max Cap (Moderate)

Kelly inputs derived from quant score 50/100. Estimated win rate 55%, avg win 8.0%, avg loss 4.0%. Position was capped at the moderate risk maximum. This is analytical output, not a recommendation to trade.

BEAR Regime: BEAR (20% confidence) — position size reduced 10%

Signal Summary STRONG BUY

Bullish Signals

Bearish Signals

51.25

RSI(14)

-0.0052

MACD

Relative Strength (RS) WEAK RS

/ 99

RS Rating

O'Neil filter: <80

RS vs TASI	→ FLAT (+0.1% vs TASI 3M)
RS vs Sector	UNDERPERFORMING (Real Estate)
RS New High	No (5d since high)
Sector Outperformance	-4.8% (3M)

RS Line — stock / TASI (90 bars)

← older newer →

RS vs TASI 50-day SMA of RS

WEAK RS: Underperformer — the stock is lagging the market. Avoid until RS trend reverses upward.

Technical Indicators

Indicator	Value	Signal
Rsi	51.25	NEUTRAL
Macd	-0.0052	BULLISH
Ma Cross	7.96 / 7.87	GOLDEN CROSS
Trend Short		BELOW SMA50
Trend Long		ABOVE SMA200
Bollinger		MIDDLE
Volume	0.71x	NORMAL

Key Levels

Level	Price
52-Week High	8.40
Bollinger Upper	8.04
SMA(200)	7.87
SMA(50)	7.96
SMA(20)	7.86
Current Price	7.92
Bollinger Lower	7.68
52-Week Low	7.70
ATR(14)	0.1

Advanced Technical Analysis

Click to expand

Wyckoff Phase & Volume Spread Analysis

Wyckoff Phase

DISTRIBUTION A Confidence

75%

Buying Climax

Acc: 1.0 | Dist: 3.0 | Markup: 0.0 | Markdown: 0.0

Volume Spread Analysis (last 5 bars)

Date	Signal	Vol	Description
2026-09-01	Normal	1.83x	Normal bar — no special VSA pattern
2026-09-02	Normal	0.89x	Normal bar — no special VSA pattern
2026-09-03	Normal	0.91x	Normal bar — no special VSA pattern
2026-09-06	Normal	0.91x	Normal bar — no special VSA pattern
2026-09-07	Normal	0.71x	Normal bar — no special VSA pattern

Ichimoku Cloud NEUTRAL

Line	Value	Status
Tenkan-sen (9)	7.87	Above Kijun
Kijun-sen (26)	7.87	Base line
Senkou A	7.87	Leading span A
Senkou B	7.89	Leading span B
Cloud	7.87 – 7.89	Bearish (Red)
Price vs Cloud	7.92	Above Cloud
Chikou Span	7.97	Bearish
Alignment Score	2/4	NEUTRAL

TTM Squeeze & Divergences

TTM Squeeze

SQUEEZE OFF No squeeze Momentum: BULLISH

BB: 7.68 – 8.04 | KC: 7.71 – 8.01

Divergences (last 60 bars)

Type	Indicator	Bars Ago
Hidden Bearish	RSI	12
Regular Bullish	RSI	20
Hidden Bearish	RSI	21
Hidden Bearish	RSI	26

Anchored VWAP

VWAP: 7.90 Anchor: 2026-01-13 (52w Low) ABOVE AVWAP +0.3%

Heikin-Ashi Trend

BEARISH Full data via /api/advanced/4340.SR

Valuation

Metric	Value
Market Cap	2.18B
P/E (TTM)	17.60
Forward P/E	N/A
P/B	0.97
EPS	0.45

Financial Health

Metric	Value
Revenue Growth	-15.0%
Profit Margin	62.0%
ROE	6.5%
Debt/Equity	39.75
Current Ratio	1.10
Dividend Yield	6.8%
Payout Ratio	N/A
Beta	0.16

Trading Data

7.92

Open

7.92

Day High

7.92

Day Low

191.7K

Volume (1.0x avg)

Insider Activity

Insider transaction data is not available for Saudi-listed stocks.

Price Chart (90 Days)

Candlesticks (green=up, red=down) SMA 20 SMA 50 Bollinger Bands (upper/lower) Volume (green=buying, red=selling)