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The Screen · Real Estate · Real Estate - Development
United Real Estate Company K.S.C.P.
URC.KW · KUW · USD · Market cap $413M
United Real Estate Company K.S.C.P., together with its subsidiaries, engages in the real estate development business in Kuwait, Egypt, Lebanon, the United Arab Emirates, Syria, Oman, Bahrain, Jordan, Europe, and the King…
FAIL · Does not pass the screen
272.00 USD
Screen close, 2026-09-17 · not a live quote Last reviewed 20 days ago
Screened 2026-09-17 · the tape above runs as of 11:02 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed
PRICE · FAIR-VALUE RANGE1M3M6MYTD1Y3Y5Y
What this means: price 272.00 against the desk's fair-value range, over the last year.
Positioning no disclosures inside 60 days, left as found
Options no verdict drawn today, left as found
Ethical does not pass the values gate
Price272.00 USD
Our investment reviews on this name
2026-10-02Read Accumulation272.00+0.0% to today ✓
2026-08-15Read Markdown293.00-7.2% to today ✓
2026-07-02Read Accumulation276.00-1.4% to today
Our analytic regime reads on this name, dated and marked against the screened price. Small sample per name, and separate from the daily-framework accuracy on the Track Record page.
United Real Estate Company K.S.C.P. holds its Accumulation at $272.00. The statistical read favours the sellers, held for 134 days.
As held on the ledger · 2026-09-17
Phase
Accumulation
Quantitative state
The statistical read favours the sellers, held for 134 days
Price at the screen
$272.00
Valuation
0.00 trailing · N/A forward price to earnings
Values screen
FAIL
Beta
0.61
The Workings
Five Screens, Shown in Full
Does not pass. Debt ratio
Test
Figure
Limit
What it means
Status
Business activity
Permissible
Core business clean
Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.
Pass
Debt load
52.31%
Below 33%
Interest-bearing debt is 52.3% of its assets, above the one-third ceiling the screen allows.
Fail
Interest-bearing cash
0.19%
Below 33%
Cash held in interest-bearing accounts and securities is 0.2% of assets, under the one-third limit.
Pass
Receivables
9.10%
Below 49%
Money owed to the company is 9.1% of assets, under the 49% limit.
Pass
Revenue purity
0.73%
Below 5%
Only 0.7% of revenue comes from non-compliant sources, under the 5% line.
Pass
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
The Ethical Read
Why It Falls Short, in Plain English
United Real Estate Company K.S.C.P.'s business is in a permissible area, but its interest-bearing debt is about 52% of the company, well over the ~33% line, so it does not pass on the financial screens.
Read as at 2026-10-07. It updates when the underlying figures move, and past reads are kept below.
The risks · The things to watch: it's a small-cap, so the share price can swing harder than the market; its business and earnings are exposed to Kuwait and to currency swings; it carries a real debt load, which raises the stakes if revenue slips.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
URC.KW trades on KUW (the company is based in Kuwait). As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The framework has shifted from markdown to accumulation since the last review. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 7.2% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 8% above its long-term trend line with momentum reading overbought. Over the past year the shares are up 54%. Our forward projection puts the odds of a 10% gain over the next month near 49%.
2026-09-15Markdown$293.00+0.0%Entry 5
The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 8% above its long-term trend line with momentum reading overbought. Over the past year the shares are up 54%. Our forward projection puts the odds of a 10% gain over the next month near 49%.
2026-08-15Markdown · changed$293.00+6.2%Entry 4
The framework has shifted from accumulation to markdown since the last review. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved up 6.2% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 8% above its long-term trend line with momentum reading overbought. Over the past year the shares are up 54%. Our forward projection puts the odds of a 10% gain over the next month near 49%.
2026-07-18Accumulation$276.00+0.0%Entry 3
The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: PASS with ethical screening pending. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 8% above its long-term trend line with momentum reading overbought. Over the past year the shares are up 54%. Our forward projection puts the odds of a 10% gain over the next month near 49%.
2026-07-03Accumulation$276.00+0.0%Entry 2
The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: PASS with ethical screening pending. The risk-adjusted return profile shows excellent risk-adjusted returns.
2026-07-02Accumulation$276.00Entry 1
The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Ethical screening: PASS with ethical screening pending. The risk-adjusted return profile shows excellent risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.