Dubai Financial Market PJSC (DFM:DFM) Goodwill-to-Asset: 0.23 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

DFM:DFM Dubai Financial Market PJSC DFM:DFM
97 GF Score
Price د.إ1.43
GF Value د.إ1.89
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Dubai Financial Market PJSC Goodwill-to-Asset?

Dubai Financial Market PJSC DFM:DFM -0.69% 97 Goodwill-to-Asset is 0.23 as of Mar. 2026. 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.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Dubai Financial Market PJSC's Goodwill for the quarter that ended in Mar. 2026 was د.إ2,878.9 Mil. Dubai Financial Market PJSC's Total Assets for the quarter that ended in Mar. 2026 was د.إ12,813.1 Mil. Therefore, Dubai Financial Market PJSC's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 was 0.23.


Dubai Financial Market PJSC  (DFM:DFM) Goodwill-to-Asset Explanation

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Dubai Financial Market PJSC Goodwill-to-Asset Related Terms


Dubai Financial Market PJSC Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Dubai Financial Market PJSC's Goodwill-to-Asset 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 Goodwill-to-Asset Chart

Dubai Financial Market PJSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.30 0.29 0.27 0.24

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
Goodwill-to-Asset 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 0.26 0.24 0.24 0.24 0.23

DFM:DFM vs SPGI, CME, MCO: Goodwill-to-Asset Comparison

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

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

* The bar in red indicates where Dubai Financial Market PJSC's Goodwill-to-Asset falls into.


DFM:DFM
97GF Score
Dubai Financial Market PJSC DFM:DFM
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dubai Financial Market PJSC Goodwill-to-Asset Calculation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Dubai Financial Market PJSC's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Goodwill to Asset (A: Dec. 2025 )=Goodwill/Total Assets
=2878.874/11805.623
=0.24

Dubai Financial Market PJSC's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Goodwill to Asset (Q: Mar. 2026 )=Goodwill/Total Assets
=2878.874/12813.053
=0.22

* 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.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.23 mean?
Dubai Financial Market PJSC (DFM:DFM) has a Goodwill-to-Asset of 0.23 as of Mar. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Dubai Financial Market PJSC and its competitors.
Is Dubai Financial Market PJSC's Goodwill-to-Asset too high?
Dubai Financial Market PJSC's current Goodwill-to-Asset is 0.23. 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 Goodwill-to-Asset compare to SPGI and CME?
Dubai Financial Market PJSC's Goodwill-to-Asset of 0.23 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 Goodwill-to-Asset for a Capital Markets company?
A good Goodwill-to-Asset depends on the Capital Markets industry context. However, Goodwill-to-Asset 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 Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Dubai Financial Market PJSC and its competitors. Dubai Financial Market PJSC's current Goodwill-to-Asset is 0.23. 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.إ1.43 — trading 24.3% below its estimated fair value. The current Goodwill-to-Asset is 0.23. 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 Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Dubai Financial Market PJSC (DFM:DFM), the current Goodwill-to-Asset is 0.23 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.إ1.43 is trading 24.3% 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:

  • Goodwill-to-Asset: 0.23
  • GF Value™: د.إ1.89 vs. price of د.إ1.43 (24.3% 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

Goodwill-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ1.43
Price
د.إ1.89
GF Value