Dubai Financial Market PJSCDFM:DFM +0.68%97 Debt-to-EBITDA is 0.04 as of Mar. 2026, which is 67% below its 10-year median of 0.12. GuruFocus rates DFM:DFM with a GF Score™ of 97/100 and a GF Value™ of د.إ1.87 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 422 Capital Markets companies, Dubai Financial Market PJSC ranks better than 95.26% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Dubai Financial Market PJSC's Debt-to-EBITDA or its related term are showing as below:
DFM:DFM'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.03 Med: 0.12 Max: 0.33
Current: 0.03
During the past 13 years, the highest Debt-to-EBITDA Ratio of Dubai Financial Market PJSC was 0.33. The lowest was 0.03. And the median was 0.12.
DFM:DFM's Debt-to-EBITDA is ranked better than 95.26% of 422
companies
in the Capital Markets industry
Industry Median: 1.6
vs DFM:DFM: 0.03
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Dubai Financial Market PJSC Debt-to-EBITDA Related Terms
Dubai Financial Market PJSC Debt-to-EBITDA Historical Data
* 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.
DFM:DFM vs SPGI, CME, MCO: Debt-to-EBITDA Comparison
For the Financial Data & Stock Exchanges subindustry, Dubai Financial Market PJSC's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Dubai Financial Market PJSC's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Dubai Financial Market PJSC's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Dubai Financial Market PJSC (DFM:DFM) has a Debt-to-EBITDA of 0.04 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Dubai Financial Market PJSC. This is 67% below median its historical median of 0.12. Over the past decade, Dubai Financial Market PJSC's Debt-to-EBITDA has ranged from 0.03 to 0.33. According to the industry distribution chart, Dubai Financial Market PJSC ranks #20 out of 422 companies in the Capital Markets industry, placing it in the top 4.7%.
Is Dubai Financial Market PJSC's Debt-to-EBITDA too high?
Dubai Financial Market PJSC's current Debt-to-EBITDA of 0.04 is 67% below median its 10-year median of 0.12. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.33. The Capital Markets industry median Debt-to-EBITDA is 1.60. Dubai Financial Market PJSC's value of 0.04 is 97.5% below this industry median. Based on the distribution chart, Dubai Financial Market PJSC ranks #20 out of 422 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 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dubai Financial Market PJSC's Debt-to-EBITDA compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Dubai Financial Market PJSC ranks #20 out of 422 companies for Debt-to-EBITDA. This places Dubai Financial Market PJSC in the top 5% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.60. Dubai Financial Market PJSC's value of 0.04 is 97.5% below this benchmark. Historically, Dubai Financial Market PJSC's own Debt-to-EBITDA has ranged from 0.03 to 0.33 over the past decade. While the company's 10-year median is 0.12 vs. the industry median of 1.60, 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 Debt-to-EBITDA for a Capital Markets company?
The median Debt-to-EBITDA among Capital Markets companies is 1.60, based on 422 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dubai Financial Market PJSC's current Debt-to-EBITDA of 0.04 is 97.5% 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 Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Dubai Financial Market PJSC. For the Capital Markets industry, the median Debt-to-EBITDA is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dubai Financial Market PJSC's current Debt-to-EBITDA is 0.04, which is 67% below median its own 10-year median of 0.12. 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.إ1.87, compared to a current price of د.إ1.49 — trading 20.3% below its estimated fair value. The current Debt-to-EBITDA is 0.04, which is 67% below median its 10-year median of 0.12 and 97.5% below the Capital Markets industry median of 1.60. 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 Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Dubai Financial Market PJSC (DFM:DFM), the current Debt-to-EBITDA is 0.04 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.إ1.49 is trading 20.3% below its estimated GF Value™ of د.إ1.87.
GuruFocus considers Dubai Financial Market PJSC to be Modestly Undervalued.
Key valuation signals for DFM:DFM:
Debt-to-EBITDA: 0.04 (67% below median its 10-year median of 0.12)
GF Value™: د.إ1.87 vs. price of د.إ1.49 (20.3% below fair value)
Industry Position: 97.5% below the Capital Markets median (#20 of 422)
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 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
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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