Dubai Investments PJSCDFM:DIC -1.32%60 Return-on-Tangible-Equity is 4.64% as of Mar. 2026, which is 47% below its 10-year median of 8.73. GuruFocus rates DFM:DIC with a GF Score™ of 60/100 and a GF Value™ of د.إ2.70 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,715 Real Estate companies, Dubai Investments PJSC ranks better than 74.11% 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 Investments PJSC's annualized net income for the quarter that ended in Mar. 2026 was د.إ685 Mil. Dubai Investments PJSC's average shareholder tangible equity for the quarter that ended in Mar. 2026 was د.إ14,758 Mil. Therefore, Dubai Investments PJSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.64%.
The historical rank and industry rank for Dubai Investments PJSC's Return-on-Tangible-Equity or its related term are showing as below:
DFM:DIC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.05 Med: 8.73 Max: 13.41
Current: 10.87
During the past 13 years, Dubai Investments PJSC's highest Return-on-Tangible-Equity was 13.41%. The lowest was 3.05%. And the median was 8.73%.
DFM:DIC's Return-on-Tangible-Equity is ranked better than 74.11% of 1715
companies
in the Real Estate industry
Industry Median: 4.2
vs DFM:DIC: 10.87
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 Investments PJSC Return-on-Tangible-Equity Related Terms
Dubai Investments PJSC Return-on-Tangible-Equity Historical Data
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The historical data trend for Dubai Investments PJSC's Return-on-Tangible-Equity 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.
For the Real Estate - Development subindustry, Dubai Investments 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 Investments PJSC Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Dubai Investments PJSC's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Dubai Investments 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 4.64% mean?
Dubai Investments PJSC (DFM:DIC) has a Return-on-Tangible-Equity of 4.64% 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 Investments PJSC and its competitors. This is 47% below median its historical median of 8.73. Over the past decade, Dubai Investments PJSC's Return-on-Tangible-Equity has ranged from 3.05 to 13.41. According to the industry distribution chart, Dubai Investments PJSC ranks #444 out of 1715 companies in the Real Estate industry, placing it in the top 25.9%.
Is Dubai Investments PJSC's Return-on-Tangible-Equity too high?
Dubai Investments PJSC's current Return-on-Tangible-Equity of 4.64% is 47% below median its 10-year median of 8.73. Over the past 10 years, this metric has ranged from a low of 3.05 to a high of 13.41. The Real Estate industry median Return-on-Tangible-Equity is 4.20. Dubai Investments PJSC's value of 4.64% is 10.5% above this industry median. Based on the distribution chart, Dubai Investments PJSC ranks #444 out of 1715 companies in the Real Estate industry, which is above the industry midpoint. Overall, Dubai Investments PJSC has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dubai Investments PJSC's Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, Dubai Investments PJSC ranks #444 out of 1715 companies for Return-on-Tangible-Equity. This puts Dubai Investments PJSC in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.20. Dubai Investments PJSC's value of 4.64% is 10.5% above this benchmark. Historically, Dubai Investments PJSC's own Return-on-Tangible-Equity has ranged from 3.05 to 13.41 over the past decade. While the company's 10-year median is 8.73 vs. the industry median of 4.20, Dubai Investments 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.20, based on 1,715 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 Investments PJSC's current Return-on-Tangible-Equity of 4.64% is 10.5% 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 Investments PJSC and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dubai Investments PJSC's current Return-on-Tangible-Equity is 4.64%, which is 47% below median its own 10-year median of 8.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dubai Investments PJSC stock overvalued right now?
Based on GuruFocus' analysis, Dubai Investments PJSC (DFM:DIC) is currently considered Significantly Overvalued. The stock's GF Value™ is د.إ2.70, compared to a current price of د.إ3.74 — trading 38.5% above its estimated fair value. The current Return-on-Tangible-Equity is 4.64%, which is 47% below median its 10-year median of 8.73 and 10.5% above the Real Estate industry median of 4.20. Dubai Investments PJSC's overall GF Score™ is 60/100 with 4 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 Investments PJSC (DFM:DIC), the current Return-on-Tangible-Equity is 4.64% 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 Investments PJSC (DFM:DIC) Overvalued in 2026?
Based on GuruFocus' analysis, Dubai Investments PJSC stock appears to be overvalued.
The current stock price of د.إ3.74 is trading 38.5% above its estimated GF Value™ of د.إ2.70.
GuruFocus considers Dubai Investments PJSC to be Significantly Overvalued.
Key valuation signals for DFM:DIC:
Return-on-Tangible-Equity: 4.64% (47% below median its 10-year median of 8.73)
GF Value™: د.إ2.70 vs. price of د.إ3.74 (38.5% above fair value)
Industry Position: 10.5% above the Real Estate median (#444 of 1715)
No single metric tells the full story. See the DFM:DIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dubai Investments PJSC is an investment company with a focus on real estate, manufacturing, industrial, and financial investments across the Middle East. The operations are divided into three segments: The Property segment develops real estate for sale and leasing. The Manufacturing, Contracting, and Services segment manufactures and sells materials used in construction projects, executes construction contracts, produces raw and architectural glass, pharmaceutical products, cooling services, produces aluminum extruded products, laboratory furniture, healthcare, and education. The Investments segment includes strategic minority investments in associates, investment banking, asset management, and financial investments. It generates the majority of its revenue from the Property segment.
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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