International Holdings Co PJSC (ADX:IHC) Intrinsic Value: DCF (Earnings Based): د.إ154.98 (As of Sep. 21, 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.

ADX:IHC International Holdings Co PJSC ADX:IHC
87 GF Score
Price د.إ384.00
GF Value د.إ602.06
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is International Holdings Co PJSC Intrinsic Value: DCF (Earnings Based)?

International Holdings Co PJSC ADX:IHC +4.77% 87 Intrinsic Value: DCF (Earnings Based) is د.إ154.98 as of Sep. 21, 2026. GuruFocus rates ADX:IHC with a GF Score™ of 87/100 and a GF Value™ of د.إ602.06 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 89 Conglomerates companies, International Holdings Co PJSC ranks worse than 95.51% on this metric.

As of today (2026-09-21), International Holdings Co PJSC's intrinsic value calculated from the Discounted Earnings model is د.إ154.98.

Note: Discounted Earnings model is only suitable for predictable companies (Business Predictability Rank higher than 1-Star). If the company's predictability rank is 1-Star or Not Rated, result may not be accurate due to the low predictability of business and the data will not be stored into our database.

International Holdings Co PJSC's Predictability Rank is 4-Stars.

Margin of Safety (Earnings Based) using Discounted Earnings model for International Holdings Co PJSC is -147.77%.

The historical rank and industry rank for International Holdings Co PJSC's Intrinsic Value: DCF (Earnings Based) or its related term are showing as below:

ADX:IHC' s Price-to-DCF (Earnings Based) Range Over the Past 10 Years
Min: 4.2   Med: 4.78   Max: 18.93
Current: 5.02

During the past 13 years, the highest Price-to-Intrinsic-Value-DCF (Earnings Based) Ratio of International Holdings Co PJSC was 18.93. The lowest was 4.20. And the median was 4.78.

ADX:IHC's Price-to-DCF (Earnings Based) is ranked worse than
95.51% of 89 companies
in the Conglomerates industry
Industry Median: 0.91 vs ADX:IHC: 5.02

International Holdings Co PJSC  (ADX:IHC) Intrinsic Value: DCF (Earnings Based) Explanation

Unlike valuation methods such as Net Current Asset Value, Tangible Book Value per Share, Graham Number, Median Ratio etc, discounted Cash Flow model evaluates the companies based on their future earnings power instead of their assets.


Be Aware

What you need to know about Discounted Earnings model:

1. The Discounted Earnings model evaluates a company based on its future earnings power
2. Growth is taken into account; therefore a faster growth company is worth more if everything else is the same.
3. Since we are projecting future growth, it is assumed that the company will grow at the same rate as it did during the past 10 years. Therefore this model works better for the companies that are relatively consistent performers.
4. The Discounted Earnings model works poorly for inconsistent performers like cyclicals.
5. Your expected return from the investment is a reasonable discount rate assumption.
6. A larger margin of safety should be required for companies with less predictable businesses.

You can screen for stocks that trade below their Intrinsic Value: DCF (FCF Based) and Intrinsic Value: DCF (Earnings Based) with the GuruFocus All-in-One Screener. Companies with a high Predictability Rank that trade at a discount to their Intrinsic Value: DCF (FCF Based) and Intrinsic Value: DCF (Earnings Based) can be found in the screen of Undervalued Predictable Companies.


International Holdings Co PJSC Intrinsic Value: DCF (Earnings Based) Related Terms


International Holdings Co PJSC Intrinsic Value: DCF (Earnings Based) Historical Data

* Premium members only.

The historical data trend for International Holdings Co PJSC's Intrinsic Value: DCF (Earnings Based) 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.

International Holdings Co PJSC Intrinsic Value: DCF (Earnings Based) Chart

International Holdings Co PJSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: DCF (Earnings Based)
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

International Holdings Co PJSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Intrinsic Value: DCF (Earnings Based) 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 - - - - -

ADX:IHC vs MMM, HON: Intrinsic Value: DCF (Earnings Based) Comparison

For the Conglomerates subindustry, International Holdings Co PJSC's Price-to-DCF (Earnings Based), along with its competitors' market caps and Price-to-DCF (Earnings Based) 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.


International Holdings Co PJSC Price-to-DCF (Earnings Based) vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, International Holdings Co PJSC's Price-to-DCF (Earnings Based) distribution charts can be found below:

* The bar in red indicates where International Holdings Co PJSC's Price-to-DCF (Earnings Based) falls into.


ADX:IHC
87GF Score
International Holdings Co PJSC ADX:IHC
Intrinsic Value: DCF (Earnings Based) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

International Holdings Co PJSC Intrinsic Value: DCF (Earnings Based) Calculation

This is the intrinsic value calculated from the Discounted Earnings model with default parameters. The calculation method is the same as Discounted Cash Flow model except earnings are used in the calculation instead of free cash flow. This is the default method of calculation with GuruFocus DCF calculator.

Usually a two-stage model is used in calculating the intrinsic value with discounted cash flow model. The first stage is called growth stage; the second is called the terminal stage. In the growth stage the company grows at a faster rate. Because it cannot grow at that rate forever, a lower rate is used for the terminal stage.

GuruFocus DCF calculator is a two-stage model. The default values are defined as:

1. Discount Rate: d = 11%
A reasonable discount rate assumption should be at least the long term average return of the stock market, which can be estimated from risk free rate plus risk premium of stock market. GuruFocus uses 10-Year Treasury Constant Maturity Rate as the risk-free rate and rounded up to the nearest integer. It is updated daily. The current risk-free rate is 4.96%. Please go to Economic Indicators page for more information. Please note that we use the 10-Year Treasury Constant Maturity Rate of the country/region where the company is headquartered. If the data for that country/region is not available, then we will use the 10-Year Treasury Constant Maturity Rate of the United States as default. Then we added a risk premium of 6% to get the estimated discount rate. Some investors use their expected rate of return, which is also reasonable. A typical discount rate can be anywhere between 6% - 20%.

2. Growth Rate in the growth stage: g1 = 5%
The Growth Rate in the growth stage is initially set as the default 10-Year EPS without NRI Growth Rate. In cases where the 10-year growth rate is unavailable, it defaults to using the 5-Year EPS without NRI Growth Rate. If both the 10-year and 5-year growth rates are unavailable, the system defaults to the 3-Year EPS without NRI Growth Rate.
However, it's important to note that there is a growth rate range. If the calculated growth rate exceeds 20%, it will be capped at 20%. Conversely, if the calculated growth rate falls below 5%, it will be adjusted to 5% to maintain a reasonable range.
=> International Holdings Co PJSC's average EPS without NRI Growth Rate in the past 3 years was 0.00%, which is less than 5%. GuruFocus defaults => Growth Rate: 5%

3. Years of Growth Stage: y1 = 10

4. Terminal Growth Rate: g2 = 4%

5. Years of Terminal Growth: y2 = 10

6. EPS without NRI: eps without nri = د.إ13.429.
GuruFocus DCF calculator is actually a Discounted Earnings calculator, EPS without NRI is used as the default. The reason we are doing this is we found that historically stock prices are more correlated with earnings than free cash flow.

All of the default settings can be changed and the results are calculated automatically.

International Holdings Co PJSC's Intrinsic Value: DCF (Earnings Based) for today is calculated as:

Intrinsic Value: DCF (Earnings Based)=EPS without NRI*{[(1+g1)/(1+d)+(1+g1)^2/(1+d)^2+...+(1+g1)^10/(1+d)^10]
+(1+g1)^10/(1+d)^10*[(1+g2)/(1+d)+(1+g2)^2/(1+d)^2+...+(1+g2)^10/(1+d)^10]}

set x = (1+g1)/(1+d) = (1+0.05)/(1+0.11) = 0.94594594594595
and y = (1+g2)/(1+d) = (1+0.04)/(1+0.11) = 0.93693693693694

Intrinsic Value: DCF (Earnings Based)=EPS without NRI*{[x+x^2+...+x^10]+x^10*[y+y^2+...+y^10]}
=EPS without NRI*[x*(1-x^10)/(1-x)+x^10*y*(1-y^10)/(1-y)]
=13.429*11.5406
=154.98

Margin of Safety % (DCF Earnings Based)=(Intrinsic Value: DCF (Earnings Based)-Current Price)/Intrinsic Value: DCF (Earnings Based)
=(154.98-384.00)/154.98
=-147.77 %

* 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.

What does a Intrinsic Value: DCF (Earnings Based) of د.إ154.98 mean?
International Holdings Co PJSC (ADX:IHC) has a Intrinsic Value: DCF (Earnings Based) of د.إ154.98 as of Sep. 21, 2026. Intrinsic Value: DCF (Earnings Based) is the stock value based on a two-stage discounted earnings model. View historical data on International Holdings Co PJSC and its competitors. According to the industry distribution chart, International Holdings Co PJSC ranks #85 out of 89 companies in the Conglomerates industry, placing it in the top 95.5%.
Is International Holdings Co PJSC's Intrinsic Value: DCF (Earnings Based) too high?
International Holdings Co PJSC's current Intrinsic Value: DCF (Earnings Based) is د.إ154.98. Based on the distribution chart, International Holdings Co PJSC ranks #85 out of 89 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, International Holdings Co PJSC has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does International Holdings Co PJSC's Intrinsic Value: DCF (Earnings Based) compare to MMM and HON?
According to the Conglomerates industry distribution chart, International Holdings Co PJSC ranks #85 out of 89 companies for Intrinsic Value: DCF (Earnings Based). This places International Holdings Co PJSC in the lower half of its industry. The industry median Intrinsic Value: DCF (Earnings Based) is 0.91. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: DCF (Earnings Based) for a Conglomerates company?
The median Intrinsic Value: DCF (Earnings Based) among Conglomerates companies is 0.91, based on 89 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: DCF (Earnings Based) significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: DCF (Earnings Based) 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 Intrinsic Value: DCF (Earnings Based) mean?
A high Intrinsic Value: DCF (Earnings Based) can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: DCF (Earnings Based) is the stock value based on a two-stage discounted earnings model. View historical data on International Holdings Co PJSC and its competitors. For the Conglomerates industry, the median Intrinsic Value: DCF (Earnings Based) is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Holdings Co PJSC's current Intrinsic Value: DCF (Earnings Based) is د.إ154.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Holdings Co PJSC stock overvalued right now?
Based on GuruFocus' analysis, International Holdings Co PJSC (ADX:IHC) is currently considered Significantly Undervalued. The stock's GF Value™ is د.إ602.06, compared to a current price of د.إ384.00 — trading 36.2% below its estimated fair value. The current Intrinsic Value: DCF (Earnings Based) is د.إ154.98. International Holdings Co PJSC's overall GF Score™ is 87/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: DCF (Earnings Based) calculated?
Intrinsic Value: DCF (Earnings Based) is calculated from a company's financial statements. For International Holdings Co PJSC (ADX:IHC), the current Intrinsic Value: DCF (Earnings Based) is د.إ154.98 as of Sep. 21, 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 International Holdings Co PJSC (ADX:IHC) Overvalued in 2026?

Based on GuruFocus' analysis, International Holdings Co PJSC stock appears to be undervalued. The current stock price of د.إ384.00 is trading 36.2% below its estimated GF Value™ of د.إ602.06. GuruFocus considers International Holdings Co PJSC to be Significantly Undervalued.

Key valuation signals for ADX:IHC:

  • Intrinsic Value: DCF (Earnings Based): د.إ154.98
  • GF Value™: د.إ602.06 vs. price of د.إ384.00 (36.2% below fair value)
  • GF Score™: 87/100 with 6 warning signs

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


International Holdings Co PJSC Business Description

Address Al Muntazah-Ministries Complex, P.O. Box 32619, Abu Dhabi, ARE
International Holdings Co PJSC is a United Arab Emirates-based public joint stock company. The group, along with its subsidiaries, is engaged in management services and investing in diversified projects; trading and importing of food items; the sale of poultry products, and others. The company is organized into business segments as follows: Real estate and construction, Food, Technology, Financial services, Marine and dredging, Hospitality and leisure, Energy, Services, and other segments. It generates the majority of its revenue from the Real estate and construction segment.
87GF Score

Get the complete analysis for ADX:IHC

Intrinsic Value: DCF (Earnings Based) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ384.00
Price
د.إ602.06
GF Value