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Dubai Financial Market PJSCDFM:DFM -1.34%97 Earnings Yield (Joel Greenblatt) % is 18.05% as of Mar. 2026, which is 399% above its 10-year median of 3.62. GuruFocus rates DFM:DFM with a GF Score™ of 97/100 and a GF Value™ of د.إ1.89 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 778 Capital Markets companies, Dubai Financial Market PJSC ranks better than 84.32% on this metric.
Dubai Financial Market PJSC's Enterprise Value for the quarter that ended in Mar. 2026 was د.إ6,170.7 Mil.
Dubai Financial Market PJSC's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was د.إ1,114.4 Mil. Dubai Financial Market PJSC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 18.05%.
The historical rank and industry rank for Dubai Financial Market PJSC's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
DFM:DFM'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.28 Med: 3.62 Max: 18.06
Current: 16.56
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Dubai Financial Market PJSC was 18.06%. The lowest was 0.28%. And the median was 3.62%.
DFM:DFM's Earnings Yield (Joel Greenblatt) % is ranked better than 84.32% of 778
companies
in the Capital Markets industry
Industry Median: 2.775
vs DFM:DFM: 16.56
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Dubai Financial Market PJSC's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 24.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
The historical data trend for Dubai Financial Market PJSC's Earnings Yield (Joel Greenblatt) % 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 Financial Data & Stock Exchanges subindustry, Dubai Financial Market PJSC's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Dubai Financial Market PJSC's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Dubai Financial Market PJSC's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Dubai Financial Market PJSCs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Dubai Financial Market PJSC's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ1,114.4 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 18.05% mean?
Dubai Financial Market PJSC (DFM:DFM) has a Earnings Yield (Joel Greenblatt) % of 18.05% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Dubai Financial Market PJSC and its competitors. This is 399% above median its historical median of 3.62. Over the past decade, Dubai Financial Market PJSC's Earnings Yield (Joel Greenblatt) % has ranged from 0.28 to 18.06. According to the industry distribution chart, Dubai Financial Market PJSC ranks #122 out of 778 companies in the Capital Markets industry, placing it in the top 15.7%.
Is Dubai Financial Market PJSC's Earnings Yield (Joel Greenblatt) % too high?
Dubai Financial Market PJSC's current Earnings Yield (Joel Greenblatt) % of 18.05% is 399% above median its 10-year median of 3.62. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 18.06. The Capital Markets industry median Earnings Yield (Joel Greenblatt) % is 2.78. Dubai Financial Market PJSC's value of 18.05% is 550.5% above this industry median. Based on the distribution chart, Dubai Financial Market PJSC ranks #122 out of 778 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 Earnings Yield (Joel Greenblatt) % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Dubai Financial Market PJSC ranks #122 out of 778 companies for Earnings Yield (Joel Greenblatt) %. This places Dubai Financial Market PJSC in the top 16% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 2.78. Dubai Financial Market PJSC's value of 18.05% is 550.5% above this benchmark. Historically, Dubai Financial Market PJSC's own Earnings Yield (Joel Greenblatt) % has ranged from 0.28 to 18.06 over the past decade. While the company's 10-year median is 3.62 vs. the industry median of 2.78, Dubai Financial Market PJSC has consistently been above 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 Earnings Yield (Joel Greenblatt) % for a Capital Markets company?
The median Earnings Yield (Joel Greenblatt) % among Capital Markets companies is 2.78, based on 778 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dubai Financial Market PJSC's current Earnings Yield (Joel Greenblatt) % of 18.05% is 550.5% above 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 Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Dubai Financial Market PJSC and its competitors. For the Capital Markets industry, the median Earnings Yield (Joel Greenblatt) % is 2.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dubai Financial Market PJSC's current Earnings Yield (Joel Greenblatt) % is 18.05%, which is 399% above median its own 10-year median of 3.62. 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.إ1.89, compared to a current price of د.إ1.47 — trading 22.2% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 18.05%, which is 399% above median its 10-year median of 3.62 and 550.5% above the Capital Markets industry median of 2.78. 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 Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Dubai Financial Market PJSC (DFM:DFM), the current Earnings Yield (Joel Greenblatt) % is 18.05% 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.إ1.47 is trading 22.2% below its estimated GF Value™ of د.إ1.89.
GuruFocus considers Dubai Financial Market PJSC to be Modestly Undervalued.
Key valuation signals for DFM:DFM:
Earnings Yield (Joel Greenblatt) %: 18.05% (399% above median its 10-year median of 3.62)
GF Value™: د.إ1.89 vs. price of د.إ1.47 (22.2% below fair value)
Industry Position: 550.5% above the Capital Markets median (#122 of 778)
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
Get the complete analysis for DFM:DFM
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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