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EMAARDEV DB​

Emaar Development PJSC(EMAARDEV DB)

$12.26-0.241.92%(Market Closed · 10:58:35 UTC · (15 min delay))

Overview

Profile

Financials & Metrics

FinancialsChartingEmployees

Emaar Development PJSC — Company Profile

Emaar Development PJSC, along with its associated companies, primarily engages in the construction and direct sale of residential and commercial properties across the United Arab Emirates. The firm also provides property development management solutions. Furthermore, its operations encompass the acquisition and divestiture of real estate and land, the leasing and oversight of its owned property assets, and strategic investments in commercial ventures and their administration. Established in 1997 with its corporate headquarters located in Dubai, UAE, the company was previously known as Emaar Development LLC. It functions as a subsidiary of Emaar Properties PJSC.

Sector
Industrials
Industry
Passenger Airlines
Exchange
DB
CEO
Amit Jain
Headquarters
Dubai, DU, AE
IPO Date
Nov 22, 2017
Employees
317
Website
www.emaar.com

Key Metrics

Price
$12.80
Market Cap
$51.20B
Revenue (TTM)
$6.86B
Net Income (TTM)
$2.92B
EPS (TTM)
0.73
P/E (TTM)
4.16
P/B (TTM)
1.41
Dividend Yield
7.41%
ROE (TTM)
8.07%
ROA (TTM)
3.28%
Operating Margin
47.20%
Beta
0.41

Dividends

Last Dividend
$1.00
Last Yield
0.07%

Summary

Emaar Development PJSC, along with its associated companies, primarily engages in the construction and direct sale of residential and commercial properties across the United Arab Emirates. The firm also provides property development management solutions. Furthermore, its operations encompass the acquisition and divestiture of real estate and land, the leasing and oversight of its owned property assets, and strategic investments in commercial ventures and their administration. Established in 1997 with its corporate headquarters located in Dubai, UAE, the company was previously known as Emaar Development LLC. It functions as a subsidiary of Emaar Properties PJSC.

Website
www.emaar.com
Location
Dubai, DU, AE
Phone971 (4) 3673333
Employees317
CEOAmit Jain
Sector
Industrials
Industry
Passenger Airlines
IPO DateNov 22, 2017

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Key Stats

Trading

Px/Chg 1D$12.80 / -0.62%
Prev Close$12.76
% of 52Wk H61.64%
Avg Volume4.67M
Beta0.41
Mkt Cap51.20B
FD Mkt Cap51.04B

Float

Shrs Out/Float4.00B / 833.56M
Short Float0.00%
Days to Cover0.00
Stock Repurchased$0.00

Current Valuation

EV11.02B
EV/EBITDA0.73
EV/Sales0.38
P/B1.41
P/S1.75
FCF Yield10.68%
ROE8.07%
ROA3.28%
Current Ratio4.63

Dividend

Cash$1.00
Yield7.41%
Yield (TTM)7.41%

Estimates

P/E4.16
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMar '23Mar '24Mar '25Mar '26Oct '26
PRICE-BASED RATIOS
Price / Earnings9.475.915.036.4212.4817.52
Price / Sales4.051.952.802.565.477.47
Price / Book Value1.461.231.461.731.441.41
Price / Free Cash Flow5.722.613.424.488.719.36
ENTERPRISE VALUE METRICS
Enterprise Value18,403.913,823.720,481.528,660.818,034.511,019.1
Enterprise Value / Sales1.571.201.721.501.831.61
Enterprise Value / EBITDA3.183.222.832.783.683.40
Enterprise Value / EBIT3.163.112.832.783.693.41

Financials

Full Financials
Millions AED5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue15.2%15,601.911,540.911,921.419,146.627,485.8
Gross Income28.3%5,734.75,183.78,282.810,656.615,523.8
EBITDA33.1%4,278.34,298.97,237.310,317.013,432.2
EBIT32.7%4,326.54,438.77,224.810,308.513,418.5
Net Income36.7%3,244.33,808.26,629.07,633.211,316.2
EPS (Diluted)36.7%0.810.951.661.912.83
BALANCE SHEET
Cash & ST Inv64.2%5,688.711,362.818,421.723,569.641,309.8
Total Assets22.3%36,164.642,474.448,867.859,421.180,894.3
Total Liabilities19%19,749.222,402.922,397.027,805.839,609.5
Total Shareholder Equity26.6%14,492.818,297.222,841.228,388.637,273.9
CASH FLOW
Net Operating Cash Flow51.6%4,197.48,616.39,765.210,951.322,169.3
Cap Ex26.6%-2.9-2.9-8.9-5.6-7.5
Free Cash Flow51.6%4,194.58,613.59,756.310,945.722,161.8

Enterprise Value Bridge

Millions AED23 Oct '26
Price (As of 23 Oct '26)12.20
Basic Shares4,000.00
Market Cap48,800.0
Diluted Shares4,000.00
Fully Diluted Shares Outstanding4,000.00
Fully Diluted Market Cap48,800.0
+Consolidated Debt16.3
−In-the-Money Convertible Debt—
+Capital Leases12.6
+Operating Leases—
−Cash & Equivalents-44,792.2
−Short-term Investments-2,021.0
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest4,595.1
+Pension Liabilities—
Enterprise Value8,619.1

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