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.
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.
Emaar Properties PJSCDFM:EMAAR +0.91%99 Debt-to-EBITDA is 0.32 as of Mar. 2026, which is 84% below its 10-year median of 2.06. GuruFocus rates DFM:EMAAR with a GF Score™ of 99/100 and a GF Value™ of د.إ16.12 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,272 Real Estate companies, Emaar Properties PJSC ranks better than 91.59% 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 Emaar Properties PJSC's Debt-to-EBITDA or its related term are showing as below:
DFM:EMAAR'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.34 Med: 2.06 Max: 4.21
Current: 0.34
During the past 13 years, the highest Debt-to-EBITDA Ratio of Emaar Properties PJSC was 4.21. The lowest was 0.34. And the median was 2.06.
DFM:EMAAR's Debt-to-EBITDA is ranked better than 91.59% of 1272
companies
in the Real Estate industry
Industry Median: 5.625
vs DFM:EMAAR: 0.34
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.
Emaar Properties PJSC Debt-to-EBITDA Related Terms
Emaar Properties PJSC Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Emaar Properties PJSC's Debt-to-EBITDA 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.
For the Real Estate - Development subindustry, Emaar Properties 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.
Emaar Properties PJSC Debt-to-EBITDA vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Emaar Properties PJSC's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Emaar Properties 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.
Emaar Properties PJSC (DFM:EMAAR) has a Debt-to-EBITDA of 0.32 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 Emaar Properties PJSC. This is 84% below median its historical median of 2.06. Over the past decade, Emaar Properties PJSC's Debt-to-EBITDA has ranged from 0.34 to 4.21. According to the industry distribution chart, Emaar Properties PJSC ranks #107 out of 1272 companies in the Real Estate industry, placing it in the top 8.4%.
Is Emaar Properties PJSC's Debt-to-EBITDA too high?
Emaar Properties PJSC's current Debt-to-EBITDA of 0.32 is 84% below median its 10-year median of 2.06. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 4.21. The Real Estate industry median Debt-to-EBITDA is 5.63. Emaar Properties PJSC's value of 0.32 is 94.3% below this industry median. Based on the distribution chart, Emaar Properties PJSC ranks #107 out of 1272 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Emaar Properties PJSC has a GF Score™ of 99/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Emaar Properties PJSC's Debt-to-EBITDA compare to competitors?
According to the Real Estate industry distribution chart, Emaar Properties PJSC ranks #107 out of 1272 companies for Debt-to-EBITDA. This places Emaar Properties PJSC in the top 8% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 5.63. Emaar Properties PJSC's value of 0.32 is 94.3% below this benchmark. Historically, Emaar Properties PJSC's own Debt-to-EBITDA has ranged from 0.34 to 4.21 over the past decade. While the company's 10-year median is 2.06 vs. the industry median of 5.63, Emaar Properties 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 Real Estate company?
The median Debt-to-EBITDA among Real Estate companies is 5.63, based on 1,272 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. Emaar Properties PJSC's current Debt-to-EBITDA of 0.32 is 94.3% 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 Emaar Properties PJSC. For the Real Estate industry, the median Debt-to-EBITDA is 5.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emaar Properties PJSC's current Debt-to-EBITDA is 0.32, which is 84% below median its own 10-year median of 2.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emaar Properties PJSC stock overvalued right now?
Based on GuruFocus' analysis, Emaar Properties PJSC (DFM:EMAAR) is currently considered Significantly Undervalued. The stock's GF Value™ is د.إ16.12, compared to a current price of د.إ11.14 — trading 30.9% below its estimated fair value. The current Debt-to-EBITDA is 0.32, which is 84% below median its 10-year median of 2.06 and 94.3% below the Real Estate industry median of 5.63. Emaar Properties PJSC's overall GF Score™ is 99/100 with 1 warning sign 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 Emaar Properties PJSC (DFM:EMAAR), the current Debt-to-EBITDA is 0.32 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 Emaar Properties PJSC (DFM:EMAAR) Overvalued in 2026?
Based on GuruFocus' analysis, Emaar Properties PJSC stock appears to be undervalued.
The current stock price of د.إ11.14 is trading 30.9% below its estimated GF Value™ of د.إ16.12.
GuruFocus considers Emaar Properties PJSC to be Significantly Undervalued.
Key valuation signals for DFM:EMAAR:
Debt-to-EBITDA: 0.32 (84% below median its 10-year median of 2.06)
GF Value™: د.إ16.12 vs. price of د.إ11.14 (30.9% below fair value)
Industry Position: 94.3% below the Real Estate median (#107 of 1272)
No single metric tells the full story. See the DFM:EMAAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Emaar Properties PJSC is engaged in property investment, development, and development management, shopping malls and retail, hospitality, property management, utility services, and investments in providers of financial services. Its segments are, namely, real estate (develop, sell, and manage condominiums, villas, commercial units and plots of land), leasing, retail and related activities (develop, lease and manage malls, retail, commercial, and residential spaces), and hospitality (develop, own, and/or manage hotels, serviced apartments and leisure activities). It earns revenue from sources other than property sales, leasing, retail and related activities, and hospitality, and this revenue is included in other operating income. The majority of revenue comes from real estate.
99GF Score
Get the complete analysis for DFM:EMAAR
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
DFM:EMAAR has been successfully added to your 
