Emaar Development PJSC (DFM:EMAARDEV) Intrinsic Value: Projected FCF: د.إ42.94 (As of Aug. 06, 2026) — 31% Below Median

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DFM:EMAARDEV Emaar Development PJSC DFM:EMAARDEV
100 GF Score
Price د.إ13.80
GF Value د.إ20.10
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Emaar Development PJSC Intrinsic Value: Projected FCF?

Emaar Development PJSC DFM:EMAARDEV +1.17% 100 Intrinsic Value: Projected FCF is د.إ42.94 as of Aug. 06, 2026, which is 100% below its 10-year median of 0.61. GuruFocus rates DFM:EMAARDEV with a GF Score™ of 100/100 and a GF Value™ of د.إ20.10 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,275 Real Estate companies, Emaar Development PJSC ranks better than 73.02% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-08-06), Emaar Development PJSC's Intrinsic Value: Projected FCF is د.إ42.94. The stock price of Emaar Development PJSC is د.إ13.80. Therefore, Emaar Development PJSC's Price-to-Intrinsic-Value-Projected-FCF of today is 0.3.

The historical rank and industry rank for Emaar Development PJSC's Intrinsic Value: Projected FCF or its related term are showing as below:

DFM:EMAARDEV' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.3   Med: 0.61   Max: 1.03
Current: 0.32

During the past 12 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Emaar Development PJSC was 1.03. The lowest was 0.30. And the median was 0.61.

DFM:EMAARDEV's Price-to-Projected-FCF is ranked better than
73.02% of 1275 companies
in the Real Estate industry
Industry Median: 0.62 vs DFM:EMAARDEV: 0.32

Emaar Development PJSC  (DFM:EMAARDEV) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Emaar Development PJSC's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=13.80/42.942119432323
=0.32

* 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 Intrinsic Value: Projected FCF Related Terms


Emaar Development PJSC Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Emaar Development PJSC's Intrinsic Value: Projected FCF 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 Intrinsic Value: Projected FCF Chart

Emaar Development PJSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 7.18 11.65 22.31 40.51

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
Intrinsic Value: Projected FCF 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 27.90 32.01 35.53 40.51 42.94

Emaar Development PJSC Intrinsic Value: Projected FCF Competitor Comparison

For the Real Estate - Development subindustry, Emaar Development PJSC's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF 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 Price-to-Projected-FCF vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Emaar Development PJSC's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Emaar Development PJSC's Price-to-Projected-FCF falls into.


DFM:EMAARDEV
100GF Score
Emaar Development PJSC DFM:EMAARDEV
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Emaar Development PJSC Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Emaar Development PJSC's Free Cash Flow(6 year avg) = د.إ9,618.98.

Emaar Development PJSC's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Mar26)*0.8)/Shares Outstanding (Diluted Average)
=(14.862653310476*9618.98416+36196.512*0.8)/4003.548
=42.94

* 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: Projected FCF of د.إ42.94 mean?
Emaar Development PJSC (DFM:EMAARDEV) has a Intrinsic Value: Projected FCF of د.إ42.94 as of Aug. 06, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Emaar Development PJSC and its competitors. This is 31% below median its historical median of 0.61. Over the past decade, Emaar Development PJSC's Intrinsic Value: Projected FCF has ranged from 0.30 to 1.03. According to the industry distribution chart, Emaar Development PJSC ranks #344 out of 1275 companies in the Real Estate industry, placing it in the top 27%.
Is Emaar Development PJSC's Intrinsic Value: Projected FCF too high?
Emaar Development PJSC's current Intrinsic Value: Projected FCF of د.إ42.94 is 31% below median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 1.03. Based on the distribution chart, Emaar Development PJSC ranks #344 out of 1275 companies in the Real Estate industry, which is above the industry midpoint. 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 Intrinsic Value: Projected FCF compare to competitors?
According to the Real Estate industry distribution chart, Emaar Development PJSC ranks #344 out of 1275 companies for Intrinsic Value: Projected FCF. This puts Emaar Development PJSC in the upper half of its industry. The industry median Intrinsic Value: Projected FCF is 0.62. Historically, Emaar Development PJSC's own Intrinsic Value: Projected FCF has ranged from 0.30 to 1.03 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Real Estate company?
The median Intrinsic Value: Projected FCF among Real Estate companies is 0.62, based on 1,275 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF 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: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Emaar Development PJSC and its competitors. For the Real Estate industry, the median Intrinsic Value: Projected FCF is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emaar Development PJSC's current Intrinsic Value: Projected FCF is د.إ42.94, which is 31% below median its own 10-year median of 0.61. 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.إ20.10, compared to a current price of د.إ13.80 — trading 31.3% below its estimated fair value. The current Intrinsic Value: Projected FCF is د.إ42.94, which is 31% below median its 10-year median of 0.61. 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 Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Emaar Development PJSC (DFM:EMAARDEV), the current Intrinsic Value: Projected FCF is د.إ42.94 as of Aug. 06, 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.إ13.80 is trading 31.3% below its estimated GF Value™ of د.إ20.10. GuruFocus considers Emaar Development PJSC to be Significantly Undervalued.

Key valuation signals for DFM:EMAARDEV:

  • Intrinsic Value: Projected FCF: د.إ42.94 (31% below median its 10-year median of 0.61)
  • GF Value™: د.إ20.10 vs. price of د.إ13.80 (31.3% below fair value)
  • GF Score™: 100/100 with 1 warning sign

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

Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ13.80
Price
د.إ20.10
GF Value