Dubai Financial Market PJSC (DFM:DFM) Cyclically Adjusted FCF per Share: د.إ0.06 (As of Mar. 2026)


DFM:DFM Dubai Financial Market PJSC DFM:DFM
97 GF Score
Price د.إ1.50
GF Value د.إ1.88
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Dubai Financial Market PJSC Cyclically Adjusted FCF per Share?

Dubai Financial Market PJSC DFM:DFM 97 Cyclically Adjusted FCF per Share is د.إ0.06 as of Mar. 2026. GuruFocus rates DFM:DFM with a GF Score™ of 97/100 and a GF Value™ of د.إ1.88 (Modestly Undervalued). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Dubai Financial Market PJSC's adjusted free cash flow per share for the three months ended in Mar. 2026 was د.إ0.104. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is د.إ0.06 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Dubai Financial Market PJSC's average Cyclically Adjusted FCF Growth Rate was 20.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -1.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Dubai Financial Market PJSC was 7.70% per year. The lowest was -7.20% per year. And the median was 0.00% per year.

As of today (2026-06-29), Dubai Financial Market PJSC's current stock price is د.إ1.50. Dubai Financial Market PJSC's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was د.إ0.06. Dubai Financial Market PJSC's Cyclically Adjusted Price-to-FCF of today is 25.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Dubai Financial Market PJSC was 56.80. The lowest was 11.50. And the median was 25.20.


Dubai Financial Market PJSC  (DFM:DFM) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Dubai Financial Market PJSC's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1.50/0.06
=25.00

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Dubai Financial Market PJSC was 56.80. The lowest was 11.50. And the median was 25.20.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Dubai Financial Market PJSC Cyclically Adjusted FCF per Share Related Terms


Dubai Financial Market PJSC Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Dubai Financial Market PJSC's Cyclically Adjusted FCF per Share 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 Cyclically Adjusted FCF per Share Chart

Dubai Financial Market PJSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.05 0.05 0.04 0.05

Dubai Financial Market PJSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share 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 0.05 0.05 0.05 0.05 0.06

DFM:DFM vs SPGI, CME, MCO: Cyclically Adjusted FCF per Share Comparison

For the Financial Data & Stock Exchanges subindustry, Dubai Financial Market PJSC's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Cyclically Adjusted Price-to-FCF vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Dubai Financial Market PJSC's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Dubai Financial Market PJSC's Cyclically Adjusted Price-to-FCF falls into.


DFM:DFM
97GF Score
Dubai Financial Market PJSC DFM:DFM
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dubai Financial Market PJSC Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Dubai Financial Market PJSC's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.104/330.2130*330.2130
=0.104

Current CPI (Mar. 2026) = 330.2130.

Dubai Financial Market PJSC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.005 241.018 0.007
201609 0.000 241.428 0.000
201612 0.015 241.432 0.021
201703 0.069 243.801 0.093
201706 0.012 244.955 0.016
201709 -0.024 246.819 -0.032
201712 0.003 246.524 0.004
201803 0.038 249.554 0.050
201806 0.022 251.989 0.029
201809 -0.021 252.439 -0.027
201812 -0.002 251.233 -0.003
201903 0.009 254.202 0.012
201906 0.024 256.143 0.031
201909 -0.006 256.759 -0.008
201912 -0.011 256.974 -0.014
202003 0.003 258.115 0.004
202006 0.030 257.797 0.038
202009 0.015 260.280 0.019
202012 -0.003 260.474 -0.004
202103 0.008 264.877 0.010
202106 0.020 271.696 0.024
202109 -0.032 274.310 -0.039
202112 0.045 278.802 0.053
202203 0.098 287.504 0.113
202206 -0.067 296.311 -0.075
202209 -0.031 296.808 -0.034
202212 -0.020 296.797 -0.022
202303 0.005 301.836 0.005
202306 0.037 305.109 0.040
202309 -0.012 307.789 -0.013
202312 0.002 306.746 0.002
202403 0.075 312.332 0.079
202406 -0.016 314.175 -0.017
202409 0.016 315.301 0.017
202412 -0.024 315.605 -0.025
202503 0.054 319.799 0.056
202506 0.037 322.561 0.038
202509 0.002 324.800 0.002
202512 -0.007 324.054 -0.007
202603 0.104 330.213 0.104

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of د.إ0.06 mean?
Dubai Financial Market PJSC (DFM:DFM) has a Cyclically Adjusted FCF per Share of د.إ0.06 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Dubai Financial Market PJSC and its competitors.
Is Dubai Financial Market PJSC's Cyclically Adjusted FCF per Share too high?
Dubai Financial Market PJSC's current Cyclically Adjusted FCF per Share is د.إ0.06. Overall, Dubai Financial Market PJSC has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dubai Financial Market PJSC's Cyclically Adjusted FCF per Share compare to SPGI and CME?
Dubai Financial Market PJSC's Cyclically Adjusted FCF per Share of د.إ0.06 can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Capital Markets company?
A good Cyclically Adjusted FCF per Share depends on the Capital Markets industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Dubai Financial Market PJSC and its competitors. Dubai Financial Market PJSC's current Cyclically Adjusted FCF per Share is د.إ0.06. 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.إ1.88, compared to a current price of د.إ1.50 — trading 20.2% below its estimated fair value. The current Cyclically Adjusted FCF per Share is د.إ0.06. Dubai Financial Market PJSC's overall GF Score™ is 97/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Dubai Financial Market PJSC (DFM:DFM), the current Cyclically Adjusted FCF per Share is د.إ0.06 as of Mar. 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.إ1.50 is trading 20.2% below its estimated GF Value™ of د.إ1.88. GuruFocus considers Dubai Financial Market PJSC to be Modestly Undervalued.

Key valuation signals for DFM:DFM:

  • Cyclically Adjusted FCF per Share: د.إ0.06
  • GF Value™: د.إ1.88 vs. price of د.إ1.50 (20.2% below fair value)
  • GF Score™: 97/100 with 5 warning signs

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.
97GF Score

Get the complete analysis for DFM:DFM

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ1.50
Price
د.إ1.88
GF Value