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.
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.
The historical rank and industry rank for Dubai Financial Market PJSC's Net Cash per Share or its related term are showing as below:
DFM:DFM'
s Price-to-Net-Cash Range Over the Past 10 Years
Min: 5.07 Med: 7.13 Max: 20.08
Current: 9.4
During the past 13 years, the highest Price-to-Net-Cash Ratio of Dubai Financial Market PJSC was 20.08. The lowest was 5.07. And the median was 7.13.
DFM:DFM's Price-to-Net-Cash is ranked worse than 63% of 227
companies
in the Capital Markets industry
Industry Median: 5.69
vs DFM:DFM: 9.40
Dubai Financial Market PJSC (DFM:DFM) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Dubai Financial Market PJSC Net Cash per Share Related Terms
Dubai Financial Market PJSC Net Cash per Share Historical Data
* 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 Net Cash per Share Chart
DFM:DFM vs SPGI, CME, MCO: Net Cash per Share Comparison
For the Financial Data & Stock Exchanges subindustry, Dubai Financial Market PJSC's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Dubai Financial Market PJSC's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Dubai Financial Market PJSC's Price-to-Net-Cash falls into.
Dubai Financial Market PJSC Net Cash per Share Calculation
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
Dubai Financial Market PJSC's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (DFM:DFM) has a Net Cash per Share of د.إ0.15 as of Mar. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Dubai Financial Market PJSC and its competitors. Over the past decade, Dubai Financial Market PJSC's Net Cash per Share has ranged from 5.07 to 20.08. According to the industry distribution chart, Dubai Financial Market PJSC ranks #143 out of 227 companies in the Capital Markets industry, placing it in the top 63%.
Is Dubai Financial Market PJSC's Net Cash per Share too high?
Dubai Financial Market PJSC's current Net Cash per Share is د.إ0.15. Over the past 10 years, this metric has ranged from a low of 5.07 to a high of 20.08. Based on the distribution chart, Dubai Financial Market PJSC ranks #143 out of 227 companies in the Capital Markets industry, which is below the industry midpoint. 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 Net Cash per Share compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Dubai Financial Market PJSC ranks #143 out of 227 companies for Net Cash per Share. This places Dubai Financial Market PJSC in the lower half of its industry. The industry median Net Cash per Share is 5.69. Historically, Dubai Financial Market PJSC's own Net Cash per Share has ranged from 5.07 to 20.08 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 Net Cash per Share for a Capital Markets company?
The median Net Cash per Share among Capital Markets companies is 5.69, based on 227 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share 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 Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Dubai Financial Market PJSC and its competitors. For the Capital Markets industry, the median Net Cash per Share is 5.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dubai Financial Market PJSC's current Net Cash per Share is د.إ0.15. 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.إ1.88, compared to a current price of د.إ1.41 — trading 25% below its estimated fair value. The current Net Cash per Share is د.إ0.15. 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 Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Dubai Financial Market PJSC (DFM:DFM), the current Net Cash per Share is د.إ0.15 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.إ1.41 is trading 25% below its estimated GF Value™ of د.إ1.88.
GuruFocus considers Dubai Financial Market PJSC to be Modestly Undervalued.
Key valuation signals for DFM:DFM:
Net Cash per Share: د.إ0.15
GF Value™: د.إ1.88 vs. price of د.إ1.41 (25% below fair value)
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 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
Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
DFM:DFM has been successfully added to your 
