Dubai Financial Market PJSC (DFM:DFM) Capex-to-Operating-Cash-Flow: 0.01 (As of Jun. 2026) — 80% Below Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DFM:DFM Dubai Financial Market PJSC DFM:DFM
98 GF Score
Price د.إ1.41
GF Value د.إ1.98
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Dubai Financial Market PJSC Capex-to-Operating-Cash-Flow?

Dubai Financial Market PJSC DFM:DFM 98 Capex-to-Operating-Cash-Flow is 0.01 as of Jun. 2026, which is 80% below its 10-year median of 0.05. GuruFocus rates DFM:DFM with a GF Score™ of 98/100 and a GF Value™ of د.إ1.98 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 224 Capital Markets companies, Dubai Financial Market PJSC ranks better than 99.11% on this metric.

Capex-to-Operating-Cash-Flow assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. It’s also useful to distinguish whether the company is capital intensive or not.

Dubai Financial Market PJSC's Capital Expenditure for the three months ended in Jun. 2026 was د.إ-2.96 Mil. Its Cash Flow from Operations for the three months ended in Jun. 2026 was د.إ211.73 Mil.

Hence, Dubai Financial Market PJSC's Capex-to-Operating-Cash-Flow for the three months ended in Jun. 2026 was 0.01.


Dubai Financial Market PJSC  (DFM:DFM) Capex-to-Operating-Cash-Flow Explanation

Capex-to-Operating-Cash-Flow ratio assesses how much of a company’s Cash Flow from Operations is being devoted to Capital Expenditure. It is a good indicator in terms of how much the company is focused on growth. In general, a high Capex-to-Operating-Cash-Flow ratio indicates that the company is investing more in physical assets and is focused on growth and expansion. Conversely, lower ratio could indicate that a company has reached maturity and is no longer pursuing aggressive growth.

Moreover, the ratio is also useful to distinguish whether the company is capital intensive or not. If the ratio is large, then the company tends to be capital intensive. Lower ratio suggests that it’s a capital-light business. The ratio can be combined with ROIC % to identify whether the company is an asset-light business that has a high return on invested capital. This is one question investors commonly ask to see if a company qualifies as a good company.


Dubai Financial Market PJSC Capex-to-Operating-Cash-Flow Related Terms


Dubai Financial Market PJSC Capex-to-Operating-Cash-Flow Historical Data

* Premium members only.

The historical data trend for Dubai Financial Market PJSC's Capex-to-Operating-Cash-Flow can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Dubai Financial Market PJSC Capex-to-Operating-Cash-Flow Chart

Dubai Financial Market PJSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.00 0.06 0.02 0.01

Dubai Financial Market PJSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Capex-to-Operating-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.08 0.00 0.00 0.01

DFM:DFM vs SPGI, CME, ICE: Capex-to-Operating-Cash-Flow Comparison

For the Financial Data & Stock Exchanges subindustry, Dubai Financial Market PJSC's Capex-to-Operating-Cash-Flow, along with its competitors' market caps and Capex-to-Operating-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dubai Financial Market PJSC Capex-to-Operating-Cash-Flow vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Dubai Financial Market PJSC's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Dubai Financial Market PJSC's Capex-to-Operating-Cash-Flow falls into.


DFM:DFM
98GF Score
Dubai Financial Market PJSC DFM:DFM
Capex-to-Operating-Cash-Flow is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dubai Financial Market PJSC Capex-to-Operating-Cash-Flow Calculation

Dubai Financial Market PJSC's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2025 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-8.04) / 703.867
=0.01

Dubai Financial Market PJSC's Capex-to-Operating-Cash-Flow for the quarter that ended in Jun. 2026 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-2.958) / 211.73
=0.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Capex-to-Operating-Cash-Flow of 0.01 mean?
Dubai Financial Market PJSC (DFM:DFM) has a Capex-to-Operating-Cash-Flow of 0.01 as of Jun. 2026. Capex to Operating Cash Flow ratio assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. View historical data on Dubai Financial Market PJSC and its competitors. This is 80% below median its historical median of 0.05. Over the past decade, Dubai Financial Market PJSC's Capex-to-Operating-Cash-Flow has ranged from 0.01 to 0.17. According to the industry distribution chart, Dubai Financial Market PJSC ranks #2 out of 224 companies in the Capital Markets industry, placing it in the top 0.90000000000001%.
Is Dubai Financial Market PJSC's Capex-to-Operating-Cash-Flow too high?
Dubai Financial Market PJSC's current Capex-to-Operating-Cash-Flow of 0.01 is 80% below median its 10-year median of 0.05. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.17. The Capital Markets industry median Capex-to-Operating-Cash-Flow is 0.07. Dubai Financial Market PJSC's value of 0.01 is 85.7% below this industry median. Based on the distribution chart, Dubai Financial Market PJSC ranks #2 out of 224 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Dubai Financial Market PJSC has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dubai Financial Market PJSC's Capex-to-Operating-Cash-Flow compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Dubai Financial Market PJSC ranks #2 out of 224 companies for Capex-to-Operating-Cash-Flow. This places Dubai Financial Market PJSC in the top 1% of its industry — outperforming the majority of peers. The industry median Capex-to-Operating-Cash-Flow is 0.07. Dubai Financial Market PJSC's value of 0.01 is 85.7% below this benchmark. Historically, Dubai Financial Market PJSC's own Capex-to-Operating-Cash-Flow has ranged from 0.01 to 0.17 over the past decade. While the company's 10-year median is 0.05 vs. the industry median of 0.07, Dubai Financial Market PJSC has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Capex-to-Operating-Cash-Flow for a Capital Markets company?
The median Capex-to-Operating-Cash-Flow among Capital Markets companies is 0.07, based on 224 companies in the industry. Companies in the top quartile (top 25%) have a Capex-to-Operating-Cash-Flow significantly above this median, while those in the bottom quartile fall well below. However, Capex-to-Operating-Cash-Flow should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dubai Financial Market PJSC's current Capex-to-Operating-Cash-Flow of 0.01 is 85.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Capex-to-Operating-Cash-Flow mean?
A high Capex-to-Operating-Cash-Flow can signal that a stock is expensive relative to its fundamentals. Capex to Operating Cash Flow ratio assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. View historical data on Dubai Financial Market PJSC and its competitors. For the Capital Markets industry, the median Capex-to-Operating-Cash-Flow is 0.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dubai Financial Market PJSC's current Capex-to-Operating-Cash-Flow is 0.01, which is 80% below median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dubai Financial Market PJSC stock overvalued right now?
Based on GuruFocus' analysis, Dubai Financial Market PJSC (DFM:DFM) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ1.98, compared to a current price of د.إ1.41 — trading 28.8% below its estimated fair value. The current Capex-to-Operating-Cash-Flow is 0.01, which is 80% below median its 10-year median of 0.05 and 85.7% below the Capital Markets industry median of 0.07. Dubai Financial Market PJSC's overall GF Score™ is 98/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Capex-to-Operating-Cash-Flow calculated?
Capex-to-Operating-Cash-Flow is calculated from a company's financial statements. For Dubai Financial Market PJSC (DFM:DFM), the current Capex-to-Operating-Cash-Flow is 0.01 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dubai Financial Market PJSC (DFM:DFM) Overvalued in 2026?

Based on GuruFocus' analysis, Dubai Financial Market PJSC stock appears to be undervalued. The current stock price of د.إ1.41 is trading 28.8% below its estimated GF Value™ of د.إ1.98. GuruFocus considers Dubai Financial Market PJSC to be Modestly Undervalued.

Key valuation signals for DFM:DFM:

  • Capex-to-Operating-Cash-Flow: 0.01 (80% below median its 10-year median of 0.05)
  • GF Value™: د.إ1.98 vs. price of د.إ1.41 (28.8% below fair value)
  • GF Score™: 98/100 with 4 warning signs
  • Industry Position: 85.7% below the Capital Markets median (#2 of 224)

No single metric tells the full story. See the DFM:DFM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dubai Financial Market PJSC Business Description

Address Sheikh Zayed Road, P.O. Box 9700, Reception - Mezzanine Floor, Dubai World Trade Center Building, Dubai, ARE
Dubai Financial Market PJSC operates as a regulated secondary market for the trading of securities issued by public shareholding companies, bonds issued by federal or local governments, local public institutions, and mutual funds as well as other local or foreign financial instruments. The company is focused on trading in financial instruments, acting as a commercial, industrial and agricultural holding and trust company, financial investment consultancy, and brokerage in local and foreign shares and bonds. It is engaged in a single segment of operating stock exchanges and related clearing house. The company derives the majority of revenue from Trading commission fees and rest from Brokerage fees, Clearing, settlement and depository fees, Listing and market data fees, and Other fees.
98GF Score

Get the complete analysis for DFM:DFM

Capex-to-Operating-Cash-Flow is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ1.41
Price
د.إ1.98
GF Value