Emaar Properties PJSC (DFM:EMAAR) Interest Coverage: 40.71 (As of Mar. 2026) — 344% Above Median


DFM:EMAAR Emaar Properties PJSC DFM:EMAAR
97 GF Score
Price د.إ12.20
GF Value د.إ16.06
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Emaar Properties PJSC Interest Coverage?

Emaar Properties PJSC DFM:EMAAR -2.87% 97 Interest Coverage is 40.71 as of Mar. 2026, which is 344% above its 10-year median of 9.16. GuruFocus rates DFM:EMAAR with a GF Score™ of 97/100 and a GF Value™ of د.إ16.06 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,295 Real Estate companies, Emaar Properties PJSC ranks better than 82.63% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Emaar Properties PJSC's Operating Income for the three months ended in Mar. 2026 was د.إ5,730 Mil. Emaar Properties PJSC's Interest Expense for the three months ended in Mar. 2026 was د.إ-141 Mil. Emaar Properties PJSC's interest coverage for the quarter that ended in Mar. 2026 was 40.71. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Emaar Properties PJSC's Interest Coverage or its related term are showing as below:

DFM:EMAAR' s Interest Coverage Range Over the Past 10 Years
Min: 2.3   Med: 9.16   Max: 48.64
Current: 48.64


DFM:EMAAR's Interest Coverage is ranked better than
82.63% of 1295 companies
in the Real Estate industry
Industry Median: 4.24 vs DFM:EMAAR: 48.64

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Emaar Properties PJSC  (DFM:EMAAR) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Emaar Properties PJSC Interest Coverage Related Terms


Emaar Properties PJSC Interest Coverage Historical Data

* Premium members only.

The historical data trend for Emaar Properties PJSC's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Emaar Properties PJSC Interest Coverage Chart

Emaar Properties PJSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.29 11.24 19.47 27.54 45.83

Emaar Properties PJSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 31.89 47.46 40.23 71.52 40.71

Emaar Properties PJSC Interest Coverage Competitor Comparison

For the Real Estate - Development subindustry, Emaar Properties PJSC's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Emaar Properties PJSC's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Emaar Properties PJSC's Interest Coverage falls into.


DFM:EMAAR
97GF Score
Emaar Properties PJSC DFM:EMAAR
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Emaar Properties PJSC Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Emaar Properties PJSC's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Emaar Properties PJSC's Interest Expense was د.إ-492 Mil. Its Operating Income was د.إ22,552 Mil. And its Long-Term Debt & Capital Lease Obligation was د.إ5,435 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*22551.938/-492.092
=45.83

Emaar Properties PJSC's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Emaar Properties PJSC's Interest Expense was د.إ-141 Mil. Its Operating Income was د.إ5,730 Mil. And its Long-Term Debt & Capital Lease Obligation was د.إ8,068 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*5729.583/-140.725
=40.71

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 40.71 mean?
Emaar Properties PJSC (DFM:EMAAR) has a Interest Coverage of 40.71 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Emaar Properties PJSC and its competitors. This is 344% above median its historical median of 9.16. Over the past decade, Emaar Properties PJSC's Interest Coverage has ranged from 2.30 to 48.64. According to the industry distribution chart, Emaar Properties PJSC ranks #225 out of 1295 companies in the Real Estate industry, placing it in the top 17.4%.
Is Emaar Properties PJSC's Interest Coverage too high?
Emaar Properties PJSC's current Interest Coverage of 40.71 is 344% above median its 10-year median of 9.16. Over the past 10 years, this metric has ranged from a low of 2.30 to a high of 48.64. The Real Estate industry median Interest Coverage is 4.24. Emaar Properties PJSC's value of 40.71 is 860.1% above this industry median. Based on the distribution chart, Emaar Properties PJSC ranks #225 out of 1295 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 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Emaar Properties PJSC's Interest Coverage compare to competitors?
According to the Real Estate industry distribution chart, Emaar Properties PJSC ranks #225 out of 1295 companies for Interest Coverage. This places Emaar Properties PJSC in the top 17% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.24. Emaar Properties PJSC's value of 40.71 is 860.1% above this benchmark. Historically, Emaar Properties PJSC's own Interest Coverage has ranged from 2.30 to 48.64 over the past decade. While the company's 10-year median is 9.16 vs. the industry median of 4.24, Emaar Properties 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 Interest Coverage for a Real Estate company?
The median Interest Coverage among Real Estate companies is 4.24, based on 1,295 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Emaar Properties PJSC's current Interest Coverage of 40.71 is 860.1% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Emaar Properties PJSC and its competitors. For the Real Estate industry, the median Interest Coverage is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emaar Properties PJSC's current Interest Coverage is 40.71, which is 344% above median its own 10-year median of 9.16. 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 Modestly Undervalued. The stock's GF Value™ is د.إ16.06, compared to a current price of د.إ12.20 — trading 24% below its estimated fair value. The current Interest Coverage is 40.71, which is 344% above median its 10-year median of 9.16 and 860.1% above the Real Estate industry median of 4.24. Emaar Properties PJSC's overall GF Score™ is 97/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Emaar Properties PJSC (DFM:EMAAR), the current Interest Coverage is 40.71 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.إ12.20 is trading 24% below its estimated GF Value™ of د.إ16.06. GuruFocus considers Emaar Properties PJSC to be Modestly Undervalued.

Key valuation signals for DFM:EMAAR:

  • Interest Coverage: 40.71 (344% above median its 10-year median of 9.16)
  • GF Value™: د.إ16.06 vs. price of د.إ12.20 (24% below fair value)
  • GF Score™: 97/100 with 1 warning sign
  • Industry Position: 860.1% above the Real Estate median (#225 of 1295)

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 Business Description

Address Emaar Business Park Building 1, Level 7, P.O. Box 9440, Dubai Hills Estate, Dubai, ARE
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.
97GF Score

Get the complete analysis for DFM:EMAAR

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

د.إ12.20
Price
د.إ16.06
GF Value