Dubai Financial Market PJSCDFM:DFM 97 Return-on-Tangible-Equity is 15.64% as of Mar. 2026, which is 145% above its 10-year median of 6.39. GuruFocus rates DFM:DFM with a GF Score™ of 97/100 and a GF Value™ of د.إ1.88 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 783 Capital Markets companies, Dubai Financial Market PJSC ranks better than 78.93% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Dubai Financial Market PJSC's annualized net income for the quarter that ended in Mar. 2026 was د.إ710.9 Mil. Dubai Financial Market PJSC's average shareholder tangible equity for the quarter that ended in Mar. 2026 was د.إ4,543.7 Mil. Therefore, Dubai Financial Market PJSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 15.64%.
The historical rank and industry rank for Dubai Financial Market PJSC's Return-on-Tangible-Equity or its related term are showing as below:
DFM:DFM'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.49 Med: 6.39 Max: 22.84
Current: 22.84
During the past 13 years, Dubai Financial Market PJSC's highest Return-on-Tangible-Equity was 22.84%. The lowest was 3.49%. And the median was 6.39%.
DFM:DFM's Return-on-Tangible-Equity is ranked better than 78.93% of 783
companies
in the Capital Markets industry
Industry Median: 6.52
vs DFM:DFM: 22.84
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Dubai Financial Market PJSC Return-on-Tangible-Equity Related Terms
Dubai Financial Market PJSC Return-on-Tangible-Equity 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.
DFM:DFM vs SPGI, CME, ICE: Return-on-Tangible-Equity Comparison
For the Financial Data & Stock Exchanges subindustry, Dubai Financial Market PJSC's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Dubai Financial Market PJSC's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Dubai Financial Market PJSC's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 15.64% mean?
Dubai Financial Market PJSC (DFM:DFM) has a Return-on-Tangible-Equity of 15.64% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Dubai Financial Market PJSC and its competitors. This is 145% above median its historical median of 6.39. Over the past decade, Dubai Financial Market PJSC's Return-on-Tangible-Equity has ranged from 3.49 to 22.84. According to the industry distribution chart, Dubai Financial Market PJSC ranks #165 out of 783 companies in the Capital Markets industry, placing it in the top 21.1%.
Is Dubai Financial Market PJSC's Return-on-Tangible-Equity too high?
Dubai Financial Market PJSC's current Return-on-Tangible-Equity of 15.64% is 145% above median its 10-year median of 6.39. Over the past 10 years, this metric has ranged from a low of 3.49 to a high of 22.84. The Capital Markets industry median Return-on-Tangible-Equity is 6.52. Dubai Financial Market PJSC's value of 15.64% is 139.9% above this industry median. Based on the distribution chart, Dubai Financial Market PJSC ranks #165 out of 783 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. 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 Return-on-Tangible-Equity compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Dubai Financial Market PJSC ranks #165 out of 783 companies for Return-on-Tangible-Equity. This places Dubai Financial Market PJSC in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.52. Dubai Financial Market PJSC's value of 15.64% is 139.9% above this benchmark. Historically, Dubai Financial Market PJSC's own Return-on-Tangible-Equity has ranged from 3.49 to 22.84 over the past decade. While the company's 10-year median is 6.39 vs. the industry median of 6.52, Dubai Financial Market 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 Return-on-Tangible-Equity for a Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.52, based on 783 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dubai Financial Market PJSC's current Return-on-Tangible-Equity of 15.64% is 139.9% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Dubai Financial Market PJSC and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dubai Financial Market PJSC's current Return-on-Tangible-Equity is 15.64%, which is 145% above median its own 10-year median of 6.39. 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.إ1.50 — trading 20.2% below its estimated fair value. The current Return-on-Tangible-Equity is 15.64%, which is 145% above median its 10-year median of 6.39 and 139.9% above the Capital Markets industry median of 6.52. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Dubai Financial Market PJSC (DFM:DFM), the current Return-on-Tangible-Equity is 15.64% 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.إ1.50 is trading 20.2% 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:
Return-on-Tangible-Equity: 15.64% (145% above median its 10-year median of 6.39)
GF Value™: د.إ1.88 vs. price of د.إ1.50 (20.2% below fair value)
Industry Position: 139.9% above the Capital Markets median (#165 of 783)
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
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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