Real Estate Trade Centers Company KSCP
Real Estate Trade Centers Company KSCP operates in the real estate services sector, providing real estate management and development services in Kuwait.
Business. Real Estate Trade Centers Company KSCP (MARA.KW) operates in the Real Estate Services industry, primarily generating revenue through rental income. The company does not disclose specific operating segments or geographic breakdowns in the provided data. It is listed under the ticker MARA.KW. Headquarters location is not specified in the available facts.
Analyst recommendations
15 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
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Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Real Estate Trade Centers Company KSCP (MARA.KW) operates in the Real Estate Services industry, primarily generating revenue through rental income. The company does not disclose specific operating segments or geographic breakdowns in the provided data. It is listed under the ticker MARA.KW. Headquarters location is not specified in the available facts.
The company's capital structure is characterized by a debt-to-equity ratio of 0.0, indicating no long-term debt obligations. However, its liquidity position is weak, with a current ratio of 0.06, suggesting limited short-term liquidity to cover immediate liabilities. The company's free cash flow of 23070 KWD supports operational flexibility, but its cash and equivalents of 440 KWD are minimal.
Profitability metrics are mixed. The company reported a net income of 23040 KWD, but this was accompanied by an operating loss of 15340 KWD, indicating inefficiencies in cost management or revenue generation. Return on equity and return on assets are both near zero (0.0009 and 0.0008, respectively), suggesting poor capital efficiency and asset utilization.
The company's revenue of 14330 KWD is derived from a single business segment, with no disclosed geographic diversification. This concentration increases exposure to local market risks, including regulatory changes or economic downturns in Kuwait.
Growth trajectory is unclear due to the absence of historical revenue data. The company's operating cash flow of 260 KWD is minimal, and there are no disclosed plans for future revenue expansion or capital expenditures.
Risk factors include low liquidity and the absence of long-term debt, which may limit the company's ability to fund growth initiatives. There are no immediate dilution risks, as shares outstanding remain unchanged between basic and diluted measures. No recent filings or transcripts indicate material events or strategic shifts.
- The company has no long-term debt, but its liquidity position is weak with a current ratio of 0.06.
- Despite reporting a net income, the company incurred an operating loss, indicating operational inefficiencies.
- Return on equity and return on assets are near zero, suggesting poor capital and asset utilization.
- Revenue is concentrated in a single segment with no geographic diversification, increasing market risk exposure.
- No immediate dilution or liquidity risks are present, but the company's growth trajectory is unclear.
Bull / Bear case
Generated · model-assistedNet income surged 141.5% year-over-year to 2.77 million KWD, demonstrating a strong recovery from the previous fiscal loss.
The company maintains a zero long-term debt position, resulting in a debt-to-equity ratio of 0.0 and eliminating interest coverage risks.
Net margin of 1.61% ranks in the best-in-class quartile compared to the 0.045% median for the Real Estate Services cohort.
Free cash flow turned positive to 2.77 million KWD, reversing a significant negative balance from the prior fiscal year.
Risk flags for dilution, liquidity, and credit are all assessed at low levels, indicating a stable operational risk profile.
Operating margin remains deeply negative at -1.07%, placing the company in the bottom quartile of its Real Estate Services peer group.
Return on equity of 0.09% and return on assets of 0.08% are both below the cohort medians of 4.26% and 4.54%.
Cash conversion ratio of 0.01 is significantly below the cohort median of 0.73, indicating poor efficiency in converting earnings to cash.
In focus — financials by report
Valuation FY
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- No immediate filing-based liquidity or dilution flags were detected.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Physical assets
1 tracked| Asset | Type | Commodity | Country | Role |
|---|---|---|---|---|
| Great Plains Windpark LLC | Power | Power | US | Operating company |
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Return On Assetsnet_income / total_assets
- Real Estate Trade Centers Company KSCP Market data — financials · 2026-05-28
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-311,99 %$31M
- Investment Managers · as of 2026-03-310,01 %$15M
- Investment Managers · as of 2025-12-310,01 %$419M
- Investment Managers · as of 2026-03-310,01 %$8M
- Institutional Investor · as of 2026-03-310,01 %$24M
- Investment Managers · as of 2026-03-310,01 %$84M
- Investment Managers · as of 2026-03-310,01 %$33M
- Investment Managers · as of 2026-03-310,00 %$27M
- Investment Managers · as of 2024-12-310,00 %$14M
- Institutional Investor · as of 2026-03-310,00 %$20M
- Investment Managers · as of 2026-03-310,00 %$27M
- Brokerage Firms · as of 2026-03-310,00 %$13M
- Investment Managers · as of 2026-03-310,00 %$8M
- Funds · as of 2026-03-310,00 %$13M
- Investment Managers · as of 2026-03-310,00 %$4M
- Investment Managers · as of 2026-03-310,00 %$4M
- Investment Managers · as of 2026-03-310,00 %$5M
- Investment Managers · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$4M
- Institutional Investor · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$18M
- Investment Managers · as of 2026-03-310,00 %$3M
- Institutional Investor · as of 2026-03-310,00 %$9M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$1M
- Brokerage Firms · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
Leadership
- Fred G. ThielChairman of the Board, Chief Executive Officer
Insider activity
- Director, Chief Executive Officer · Common StockOther 40 497 @ $11,82$479K · 2026-07-30
- Chief Financial Officer · Common StockOther 33 569 @ $11,82$397K · 2026-07-30
- General Counsel · Common StockOther 13 428 @ $11,82$159K · 2026-07-30
- General Counsel · Common StockSold 8 376 @ $12,00$101K · 2026-07-20
- Director, Chief Executive Officer · Common StockSold 27 505 @ $10,90$300K · 2026-07-17
- Chief Financial Officer · Common StockSold 16 000 @ $10,90$174K · 2026-07-17
- Chief Financial Officer · Common StockOther 61 515 @ $13,89$854K · 2026-07-01
- Director, Chief Executive Officer · Common StockOther 63 101 @ $13,89$876K · 2026-07-01
- General Counsel · Common StockOther 20 924 @ $13,89$291K · 2026-07-01
- Director · Common StockSold 7 000 @ $16,00$112K · 2026-06-22
- Chief Financial Officer · Common StockSold 16 000 @ $14,25$228K · 2026-06-17
- General Counsel · Common StockSold 7 000 @ $14,25$100K · 2026-06-17
- Director, Chief Executive Officer · Common StockSold 27 505 @ $14,25$392K · 2026-06-17
- Director, Chief Executive Officer · Common StockOther 27 316 @ $11,46$313K · 2026-05-18
- Director, Chief Executive Officer · Common StockSold 27 505 @ $12,00$330K · 2026-05-18
- Chief Financial Officer · Common StockSold 16 000 @ $12,00$192K · 2026-05-18
- General Counsel · Common StockOther 4 248 @ $11,46$49K · 2026-05-18
- General Counsel · Common StockSold 8 250 @ $12,00$99K · 2026-05-18
- Chief Financial Officer · Common StockOther 65 456 @ $11,99$785K · 2026-04-30
- Director, Chief Executive Officer · Common StockOther 80 884 @ $11,99$970K · 2026-04-30
- General Counsel · Common StockOther 23 781 @ $11,99$285K · 2026-04-30
- Director, Chief Executive Officer · Common StockSold 27 505 @ $11,68$321K · 2026-04-17
- General Counsel · Common StockSold 42 090 @ $12,00$505K · 2026-04-17
- Chief Financial Officer · Common StockSold 16 000 @ $11,68$187K · 2026-04-17
- Chief Financial Officer · Common StockOther 30 820 @ $8,16$251K · 2026-04-01
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): -15.9%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): -342.3%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): -314.5%Derived (calculated)
- Return on assets (FY 2025-12-31): -18.0%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): -18.6%Derived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 39.7%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): 38.2%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): -297.3%Derived (calculated)
- Capex (YoY) (2025-12-31 vs 2024-12-31): 62.3%Derived (calculated)
- Net margin (FY 2025-12-31): -144.6%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): -499.9%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): 7.1%Derived (calculated)
- Current ratio (FY 2025-12-31): 1.27xDerived (calculated)
- Long-term debt (YoY) (2025-12-31 vs 2024-12-31): 47.1%Derived (calculated)
- Return on equity (FY 2025-12-31): -37.8%Derived (calculated)
- R&D expense (YoY) (2025-12-31 vs 2024-12-31): 127.7%Derived (calculated)
- EPS (diluted) (annual): USD-PER-SHARES -4SEC XBRL filing
- Pre-tax income (annual): USD -1.37BSEC XBRL filing
- Net income (annual): USD -1.31BSEC XBRL filing
- Capex (annual): USD 407.07MSEC XBRL filing
- Cash & equivalents (annual): USD 547.13MSEC XBRL filing
- Revenue (annual): USD 907.09MSEC XBRL filing
- Current assets (annual): USD 664.27MSEC XBRL filing
- EPS (basic) (annual): USD-PER-SHARES -4SEC XBRL filing