Emaar Development PJSC (DFM:EMAARDEV) Earnings Yield (Joel Greenblatt) %: 142.86% (As of Mar. 2026) — 318% Above Median


DFM:EMAARDEV Emaar Development PJSC DFM:EMAARDEV
100 GF Score
Price د.إ14.04
GF Value د.إ20.14
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Emaar Development PJSC Earnings Yield (Joel Greenblatt) %?

Emaar Development PJSC DFM:EMAARDEV +1.30% 100 Earnings Yield (Joel Greenblatt) % is 142.86% as of Mar. 2026, which is 318% above its 10-year median of 34.16. GuruFocus rates DFM:EMAARDEV with a GF Score™ of 100/100 and a GF Value™ of د.إ20.14 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,827 Real Estate companies, Emaar Development PJSC ranks better than 98.69% on this metric.

Emaar Development PJSC's Enterprise Value for the quarter that ended in Mar. 2026 was د.إ11,798 Mil. Emaar Development PJSC's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was د.إ16,936 Mil. Emaar Development PJSC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 142.86%.

The historical rank and industry rank for Emaar Development PJSC's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

DFM:EMAARDEV' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 14.38   Med: 34.16   Max: 127.46
Current: 121.95

During the past 12 years, the highest Earnings Yield (Joel Greenblatt) of Emaar Development PJSC was 127.46%. The lowest was 14.38%. And the median was 34.16%.

DFM:EMAARDEV's Earnings Yield (Joel Greenblatt) % is ranked better than
98.69% of 1827 companies
in the Real Estate industry
Industry Median: 4.81 vs DFM:EMAARDEV: 121.95

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) %. Emaar Development PJSC's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 41.05%. 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.


Emaar Development PJSC  (DFM:EMAARDEV) Earnings Yield (Joel Greenblatt) % Explanation

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.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Emaar Development PJSC Earnings Yield (Joel Greenblatt) % Related Terms


Emaar Development PJSC Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Emaar Development 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.

Emaar Development PJSC Earnings Yield (Joel Greenblatt) % Chart

Emaar Development PJSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.51 51.28 62.11 30.40 67.11

Emaar Development PJSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Earnings Yield (Joel Greenblatt) % 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 49.75 49.26 61.73 67.11 142.86

Emaar Development PJSC Earnings Yield (Joel Greenblatt) % Competitor Comparison

For the Real Estate - Development subindustry, Emaar Development 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.


Emaar Development PJSC Earnings Yield (Joel Greenblatt) % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Emaar Development PJSC's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Emaar Development PJSC's Earnings Yield (Joel Greenblatt) % falls into.


DFM:EMAARDEV
100GF Score
Emaar Development PJSC DFM:EMAARDEV
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Emaar Development PJSC Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

Emaar Development PJSCs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=15653.547/23316.95
=67.13 %

Emaar Development 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.إ16,936 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 142.86% mean?
Emaar Development PJSC (DFM:EMAARDEV) has a Earnings Yield (Joel Greenblatt) % of 142.86% 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 Emaar Development PJSC and its competitors. This is 318% above median its historical median of 34.16. Over the past decade, Emaar Development PJSC's Earnings Yield (Joel Greenblatt) % has ranged from 14.38 to 127.46. According to the industry distribution chart, Emaar Development PJSC ranks #24 out of 1827 companies in the Real Estate industry, placing it in the top 1.3%.
Is Emaar Development PJSC's Earnings Yield (Joel Greenblatt) % too high?
Emaar Development PJSC's current Earnings Yield (Joel Greenblatt) % of 142.86% is 318% above median its 10-year median of 34.16. Over the past 10 years, this metric has ranged from a low of 14.38 to a high of 127.46. The Real Estate industry median Earnings Yield (Joel Greenblatt) % is 4.81. Emaar Development PJSC's value of 142.86% is 2870.1% above this industry median. Based on the distribution chart, Emaar Development PJSC ranks #24 out of 1827 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Emaar Development PJSC has a GF Score™ of 100/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Emaar Development PJSC's Earnings Yield (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, Emaar Development PJSC ranks #24 out of 1827 companies for Earnings Yield (Joel Greenblatt) %. This places Emaar Development PJSC in the top 1% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 4.81. Emaar Development PJSC's value of 142.86% is 2870.1% above this benchmark. Historically, Emaar Development PJSC's own Earnings Yield (Joel Greenblatt) % has ranged from 14.38 to 127.46 over the past decade. While the company's 10-year median is 34.16 vs. the industry median of 4.81, Emaar Development 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 Real Estate company?
The median Earnings Yield (Joel Greenblatt) % among Real Estate companies is 4.81, based on 1,827 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. Emaar Development PJSC's current Earnings Yield (Joel Greenblatt) % of 142.86% is 2870.1% 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 Emaar Development PJSC and its competitors. For the Real Estate industry, the median Earnings Yield (Joel Greenblatt) % is 4.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emaar Development PJSC's current Earnings Yield (Joel Greenblatt) % is 142.86%, which is 318% above median its own 10-year median of 34.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emaar Development PJSC stock overvalued right now?
Based on GuruFocus' analysis, Emaar Development PJSC (DFM:EMAARDEV) is currently considered Significantly Undervalued. The stock's GF Value™ is د.إ20.14, compared to a current price of د.إ14.04 — trading 30.3% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 142.86%, which is 318% above median its 10-year median of 34.16 and 2870.1% above the Real Estate industry median of 4.81. Emaar Development PJSC's overall GF Score™ is 100/100 with 1 warning sign 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 Emaar Development PJSC (DFM:EMAARDEV), the current Earnings Yield (Joel Greenblatt) % is 142.86% 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 Development PJSC (DFM:EMAARDEV) Overvalued in 2026?

Based on GuruFocus' analysis, Emaar Development PJSC stock appears to be undervalued. The current stock price of د.إ14.04 is trading 30.3% below its estimated GF Value™ of د.إ20.14. GuruFocus considers Emaar Development PJSC to be Significantly Undervalued.

Key valuation signals for DFM:EMAARDEV:

  • Earnings Yield (Joel Greenblatt) %: 142.86% (318% above median its 10-year median of 34.16)
  • GF Value™: د.إ20.14 vs. price of د.إ14.04 (30.3% below fair value)
  • GF Score™: 100/100 with 1 warning sign
  • Industry Position: 2870.1% above the Real Estate median (#24 of 1827)

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


Emaar Development PJSC Business Description

Address Dubai Hills Estate Business Park, Building 1, Level 7, P.O. Box 9440, Dubai, ARE
Emaar Development PJSC is a property developer and provider of lifestyle-focused real estate, with operations in the Middle East, North Africa, and Asia. Its principal activities are property investment, development and development management, shopping malls and retail, entertainment, hospitality, property management and utility services and investments in providers of financial services. The majority of the company'ss revenue is derived from the sale of residential units. Geographically, the company is currently operating only in the UAE.
100GF Score

Get the complete analysis for DFM:EMAARDEV

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ14.04
Price
د.إ20.14
GF Value