DFM/EMAARDEV (DFM/EMAARDEV)

Dubai Financial Market: DFM/EMAARDEV · AED

AED 12.1

-0.26 (-2.1%)· Recorded snapshot

Market cap	48.2B
Revenue (ttm)	30.9B
Net income (ttm)	13.1B
EPS (ttm)	AED 3.28
Shares out	4B
P/E (trailing)	3.7x
P/E (forward)	3.6x
Dividend	AED 1.00 (8.29%)
Volume	2,135,979
Beta	0.45

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 30.9B
Net income (ttm): 13.1B
EPS (ttm): AED 3.28
P/E (trailing): 3.7x
P/E (forward): 3.6x
Market cap: 48.2B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-29 13:30 UTC

Forward P/E3.6

P25 n/aP50 n/aP75 n/a

Trailing P/E3.7

P25 n/aP50 n/aP75 n/a

ROE40.8

P25 n/aP50 n/aP75 n/a

ROIC293.2

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

S&P 500+0.5%

Nasdaq Composite-2.4%

Dow Jones Industrial Average+1.8%

Russell 2000+1.8%

All DFM/EMAARDEV indicators

Market & fundamental data

Available fields

235

Groups with data

Currency

AED

Showing 235 of 235 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	AED
Country	United Arab Emirates
Country code	AE
Earnings date	2026-11-06
Enterprise value	AED 7.4B
Exchange	Dubai Financial Market
Financial currency	AED
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1997
Industry	Real Estate - Development
Is primary listing	Yes
ISIN number	AEE001901017
Last earnings date	2026-02-12
Last refreshed	2026-10-29
Market cap	AED 48.2B
Next earnings date	2026-11-06
Price	AED 12.06
Price currency	AED
Sector	Real Estate
SIC code	6552
Stock price date	2026-10-29
Symbol	dfm/EMAARDEV
Website	https://www.emaar.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	3.68x
Average P/E ratio (10Y)	5.33x
Average P/E ratio (3Y)	5.23x
Average P/E ratio (5Y)	5.24x
Earnings yield	27.18%
EV/Earnings	0.65x
EV/EBIT	0.52x
EV/EBITDA	0.52x
EV/FCF	0.5x
EV/Sales	0.27x
FCF / EV yield	199.98%
FCF yield	34.44%
Forward P/E	3.65x
Graham number	26.7606
Graham upside	121.9%
Industry forward P/E	5.72x
Industry P/E	4.84x
Lynch fair value	AED 81.96
Lynch upside	579.57%
P/B ratio	1.12x
P/E ratio	3.68x
P/FCF ratio	2.9x
P/OCF ratio	2.9x
P/S ratio	1.6x
Price / tangible book value	1.27x
Price/EBITDA ratio	3.25x
Sector forward P/E	5.83x
Sector P/E	5x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	49%
EBITDA margin	49.01%
Effective tax rate	12.02%
FCF margin	54.95%
Gross margin	56.51%
Operating margin	49%
Pretax margin	57.44%
Profit margin	42.47%
ROA	12.07%
ROA (5Y)	9.17%
ROCE	18.3%
ROE	40.77%
ROE (5Y)	31.76%
ROIC	293.17%
ROIC (5Y)	101.26%
Tax / revenue	6.91%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	48.01%
EPS growth (Q)	43.48%
EPS growth (QoQ)	-9.59%
EPS growth 3Y	51.49%
EPS growth 5Y	43.77%
FCF growth	-11.51%
FCF growth (Q)	-52.63%
FCF growth (QoQ)	-44.58%
FCF growth 3Y	17.04%
FCF growth 5Y	48.42%
Gross profit growth	43.32%
Gross profit growth (Q)	37.37%
Gross profit growth 3Y	59.93%
Gross profit growth 5Y	30.86%
Net income growth	47.63%
Net income growth (Q)	43.59%
Net income growth (QoQ)	-9.71%
Net income growth 3Y	51.22%
Net income growth 5Y	43.8%
OCF growth	-11.5%
OCF growth (Q)	-52.62%
OCF growth (QoQ)	-44.56%
OCF growth 3Y	17.06%
OCF growth 5Y	48.4%
Operating income growth	43.37%
Operating income growth (Q)	37.68%
Operating income growth 3Y	65.17%
Operating income growth 5Y	37.88%
Revenue growth	42.11%
Revenue growth (Q)	32.1%
Revenue growth (QoQ)	-5.48%
Revenue growth 3Y	52.48%
Revenue growth 5Y	19.47%

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	AED -8.9M
Depreciation and amortization	AED 4.9M
EBIT	AED 15.1B
EBITDA	AED 15.1B
EPS	AED 3.28
FCF per share	AED 4.24
Financing cash flow	AED -4.9B
Free cash flow	AED 17B
Gross profit	AED 17.5B
Income taxes	AED 2.1B
Investing cash flow	AED -3.4B
Net cash flow	AED 8.7B
Net income	AED 13.1B
Operating income	AED 15.1B
Revenue	AED 30.9B

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	3.3
Book value per share	AED 9.71
Debt / EBITDA	0
Debt / equity	0
Debt / FCF	0
Interest coverage	1,434.16
Long-term assets	AED 4.2B
Long-term liabilities	AED 38.7B
Net cash (debt)	AED 45.9B
Net cash / market cap	93.24%
Net cash growth	41.86%
Net debt / EBITDA	-3.03
Net debt / equity	-1.04
Net debt / FCF	-2.71
Piotroski F-Score	6
Property, plant and equipment	AED 25.7M
Shareholders' equity	AED 44B
Tangible book value	AED 38.8B
Tangible book value per share	AED 9.71
Total assets	AED 89.4B
Total cash	AED 46B
Total debt	AED 14.4M
Total liabilities	AED 45.4B
WACC	6.77%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.39
Current assets	AED 85.1B
Current liabilities	AED 6.7B
Current ratio	12.8
Inventory turnover	0.68
Net working capital	AED 32.5B
Quick ratio	8.19
Working capital	AED 78.5B
Working capital turnover	0.45

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	0.25%
Dividend growth	47.06%
Dividend growth (3Y)	24.36%
Dividend growth (5Y)	13.97%
Dividend growth years	1
Dividend payment date	2026-04-15
Dividend payment years	4
Dividend payout frequency	Annual
Dividend per share	AED 1.00
Dividend yield	8.29%
Ex-dividend date	2026-04-03
FCF payout ratio	23.57%
Last dividend	AED 1.00
Payout ratio	30.48%
Shareholder yield	8.54%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
150-day SMA	AED 13.65
1D price change	-2.11%
1M price change	-8.22%
1M total return	-8.22%
1W price change	-3.52%
1W total return	-3.52%
1Y price change	-20.13%
1Y return CAGR	-14.09%
1Y total return	-14.08%
20-day SMA	AED 12.68
200-day SMA	AED 14.49
3M price change	-8.64%
3M total return	-8.64%
3Y price change	105.45%
3Y return CAGR	35.64%
3Y total return	149.6%
50-day SMA	AED 12.90
50-day SMA vs 200-day SMA	50under200
52-week high	AED 20.70
52-week high date	2026-02-27
52-week low	AED 12.00
52-week low date	2026-10-26
5Y price change	209.23%
5Y return CAGR	32.7%
5Y total return	311.33%
6M price change	-20.24%
6M total return	-20.24%
All-time high	AED 20.70
All-time high date	2026-02-27
All-time low	AED 1.79
All-time low date	2020-04-06
Average true range (ATR)	AED 0.28
Average volume	3.2M
Beta (1Y)	1.09
Beta (2Y)	0.8
Beta (5Y)	0.45
Change from 52-week high	-41.74%
Change from 52-week low	0.5%
Change from all-time high	-41.74%
Change from all-time low	573.74%
Change from open	-1.15%
Day's gap	-0.97%
Dollar volume	AED 25.8M
High price	AED 12.40
Low price	AED 12.04
Monthly RSI	47.13
Open price	AED 12.20
Position in 52-week range	5.56%
Previous close	AED 12.32
Price vs 150-day SMA	-11.64%
Price vs 20-day SMA	-4.85%
Price vs 200-day SMA	-16.79%
Price vs 50-day SMA	-6.54%
Relative volume	0.68
RSI	29.99
Sharpe ratio	-0.16
Sharpe ratio (3Y)	1.04
Sharpe ratio (5Y)	0.92
Sortino ratio	-0.08
Sortino ratio (3Y)	1.87
Sortino ratio (5Y)	1.69
Volume	2.1M
Weekly RSI	35.79
YTD price change	-20.4%
YTD total return	-14.37%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	833.5M
Shares change (QoQ)	-0.13%
Shares change (YoY)	-0.25%
Shares held by institutions	6.1%
Shares outstanding	4B

Deeper analysis on DFM/EMAARDEV

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Scorecard

Six-factor overlay and 9-category weighted scorecard.

→

Recommendation

Final action, action steps, opportunity, and biggest risk.

→

Perspectives

Growth, value, and income investor reads.

→

Frequently asked questions

About this DFM/EMAARDEV report

Is a complete DFM/EMAARDEV research report available?

No complete published report is available for dfm/EMAARDEV (DFM/EMAARDEV) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Market cap

48.2B

Revenue (ttm)

30.9B

Net income (ttm)

13.1B

EPS (ttm)

AED 3.28

Shares out

P/E (trailing)

3.7x

P/E (forward)

3.6x

Dividend

AED 1.00 (8.29%)

Volume

2,135,979

Beta

0.45

Metric

Value

Amount currency

AED

Country

United Arab Emirates

Country code

Earnings date

2026-11-06

Enterprise value

AED 7.4B

Exchange

Dubai Financial Market

Financial currency

AED

Financial report date

2026-06-30

First seen

2026-05-10

Fiscal year end

December

Founded

1997

Industry

Real Estate - Development

Is primary listing

Yes

ISIN number

AEE001901017

Last earnings date

2026-02-12

Last refreshed

2026-10-29

Market cap

AED 48.2B

Next earnings date

2026-11-06

Price

AED 12.06

Price currency

AED

Sector

Real Estate

SIC code

6552

Stock price date

2026-10-29

Symbol

dfm/EMAARDEV

Website

https://www.emaar.com

Metric

Value

Adjusted P/E ratio

3.68x

Average P/E ratio (10Y)

5.33x

Average P/E ratio (3Y)

5.23x

Average P/E ratio (5Y)

5.24x

Earnings yield

27.18%

EV/Earnings

0.65x

EV/EBIT

0.52x

EV/EBITDA

0.52x

EV/FCF

0.5x

EV/Sales

0.27x

FCF / EV yield

199.98%

FCF yield

34.44%

Forward P/E

3.65x

Graham number

26.7606

Graham upside

121.9%

Industry forward P/E

5.72x

Industry P/E

4.84x

Lynch fair value

AED 81.96

Lynch upside

579.57%

P/B ratio

1.12x

P/E ratio

3.68x

P/FCF ratio

2.9x

P/OCF ratio

2.9x

P/S ratio

1.6x

Price / tangible book value

1.27x

Price/EBITDA ratio

3.25x

Sector forward P/E

5.83x

Sector P/E

Metric

Value

EBIT margin

49%

EBITDA margin

49.01%

Effective tax rate

12.02%

FCF margin

54.95%

Gross margin

56.51%

Operating margin

49%

Pretax margin

57.44%

Profit margin

42.47%

ROA

12.07%

ROA (5Y)

9.17%

ROCE

18.3%

ROE

40.77%

ROE (5Y)

31.76%

ROIC

293.17%

ROIC (5Y)

101.26%

Tax / revenue

6.91%

Metric

Value

EPS growth

48.01%

EPS growth (Q)

43.48%

EPS growth (QoQ)

-9.59%

EPS growth 3Y

51.49%

EPS growth 5Y

43.77%

FCF growth

-11.51%

FCF growth (Q)

-52.63%

FCF growth (QoQ)

-44.58%

FCF growth 3Y

17.04%

FCF growth 5Y

48.42%

Gross profit growth

43.32%

Gross profit growth (Q)

37.37%

Gross profit growth 3Y

59.93%

Gross profit growth 5Y

30.86%

Net income growth

47.63%

Net income growth (Q)

43.59%

Net income growth (QoQ)

-9.71%

Net income growth 3Y

51.22%

Net income growth 5Y

43.8%

OCF growth

-11.5%

OCF growth (Q)

-52.62%

OCF growth (QoQ)

-44.56%

OCF growth 3Y

17.06%

OCF growth 5Y

48.4%

Operating income growth

43.37%

Operating income growth (Q)

37.68%

Operating income growth 3Y

65.17%

Operating income growth 5Y

37.88%

Revenue growth

42.11%

Revenue growth (Q)

32.1%

Revenue growth (QoQ)

-5.48%

Revenue growth 3Y

52.48%

Revenue growth 5Y

19.47%

Metric

Value

Capital expenditures

AED -8.9M

Depreciation and amortization

AED 4.9M

EBIT

AED 15.1B

EBITDA

AED 15.1B

EPS

AED 3.28

FCF per share

AED 4.24

Financing cash flow

AED -4.9B

Free cash flow

AED 17B

Gross profit

AED 17.5B

Income taxes

AED 2.1B

Investing cash flow

AED -3.4B

Net cash flow

AED 8.7B

Net income

AED 13.1B

Operating income

AED 15.1B

Revenue

AED 30.9B

Metric

Value

Altman Z-Score

3.3

Book value per share

AED 9.71

Debt / EBITDA

Debt / equity

Debt / FCF

Interest coverage

1,434.16

Long-term assets

AED 4.2B

Long-term liabilities

AED 38.7B

Net cash (debt)

AED 45.9B

Net cash / market cap

93.24%

Net cash growth

41.86%

Net debt / EBITDA

-3.03

Net debt / equity

-1.04

Net debt / FCF

-2.71

Piotroski F-Score

Property, plant and equipment

AED 25.7M

Shareholders' equity

AED 44B

Tangible book value

AED 38.8B

Tangible book value per share

AED 9.71

Total assets

AED 89.4B

Total cash

AED 46B

Total debt

AED 14.4M

Total liabilities

AED 45.4B

WACC

6.77%

Metric

Value

Asset turnover

0.39

Current assets

AED 85.1B

Current liabilities

AED 6.7B

Current ratio

12.8

Inventory turnover

0.68

Net working capital

AED 32.5B

Quick ratio

8.19

Working capital

AED 78.5B

Working capital turnover

0.45

Metric

Value

Buyback yield / dilution

0.25%

Dividend growth

47.06%

Dividend growth (3Y)

24.36%

Dividend growth (5Y)

13.97%

Dividend growth years

Dividend payment date

2026-04-15

Dividend payment years

Dividend payout frequency

Annual

Dividend per share

AED 1.00

Dividend yield

8.29%

Ex-dividend date

2026-04-03

FCF payout ratio

23.57%

Last dividend

AED 1.00

Payout ratio

30.48%

Shareholder yield

8.54%

Metric

Value

150-day SMA

AED 13.65

1D price change

-2.11%

1M price change

-8.22%

1M total return

-8.22%

1W price change

-3.52%

1W total return

-3.52%

1Y price change

-20.13%

1Y return CAGR

-14.09%

1Y total return

-14.08%

20-day SMA

AED 12.68

200-day SMA

AED 14.49

3M price change

-8.64%

3M total return

-8.64%

3Y price change

105.45%

3Y return CAGR

35.64%

3Y total return

149.6%

50-day SMA

AED 12.90

50-day SMA vs 200-day SMA

50under200

52-week high

AED 20.70

52-week high date

2026-02-27

52-week low

AED 12.00

52-week low date

2026-10-26

5Y price change

209.23%

5Y return CAGR

32.7%

5Y total return

311.33%

6M price change

-20.24%

6M total return

-20.24%

All-time high

AED 20.70

All-time high date

2026-02-27

All-time low

AED 1.79

All-time low date

2020-04-06

Average true range (ATR)

AED 0.28

Average volume

3.2M

Beta (1Y)

1.09

Beta (2Y)

0.8

Beta (5Y)

0.45

Change from 52-week high

-41.74%

Change from 52-week low

0.5%

Change from all-time high

-41.74%

Change from all-time low

573.74%

Change from open

-1.15%

Day's gap

-0.97%

Dollar volume

AED 25.8M

High price

AED 12.40

Low price

AED 12.04

Monthly RSI

47.13

Open price

AED 12.20

Position in 52-week range

5.56%

Previous close

AED 12.32

Price vs 150-day SMA

-11.64%

Price vs 20-day SMA

-4.85%

Price vs 200-day SMA

-16.79%

Price vs 50-day SMA

-6.54%

Relative volume

0.68

RSI

29.99

Sharpe ratio

-0.16

Sharpe ratio (3Y)

1.04

Sharpe ratio (5Y)

0.92

Sortino ratio

-0.08

Sortino ratio (3Y)

1.87

Sortino ratio (5Y)

1.69

Volume

2.1M

Weekly RSI

35.79

YTD price change

-20.4%

YTD total return

-14.37%

Metric

Value

Float

833.5M

Shares change (QoQ)

-0.13%

Shares change (YoY)

-0.25%

Shares held by institutions

6.1%

Shares outstanding

DFM/EMAARDEV (DFM/EMAARDEV)

Price

Financial snapshot

Fair-value bridge

Latest news · DFM/EMAARDEV

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All DFM/EMAARDEV indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on DFM/EMAARDEV

Frequently asked questions

DFM/EMAARDEV (DFM/EMAARDEV)

Price

Financial snapshot

Fair-value bridge

Latest news · DFM/EMAARDEV

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All DFM/EMAARDEV indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on DFM/EMAARDEV

Frequently asked questions