Dubai Financial Market P.J.S.C. (DFM.AE)
Dubai, DU, AE
Dubai Financial Market P.J.S.C. (DFM) is the entity responsible for operating Dubai's stock exchange and its associated clearing house. The company offers a range of financial instruments, including equity futures, real estate investment trusts (REITs), and exchange-traded funds (ETFs). DFM also provides iVESTOR, a digital solution designed to enable investors to receive their due dividends electronically. Beyond its exchange functions, DFM delivers various services to its members, investors, and issuers, and supplies critical market data. The company further operates as a holding and trust entity with interests spanning commercial, industrial, and agricultural sectors, and offers financial investment consultancy and brokerage services. Founded in 2000, DFM is based in Dubai, United Arab Emirates, and operates as a subsidiary of Borse Dubai Limited.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.68% | -3.31% | +2.10% | -13.10% | -9.32% | -11.52% | -2.67% | -0.68% | +33.94% | +11.45% | -35.96% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 2 | -1 |
| Hold | 0 | 0 |
| Sell | 1 | 0 |
| Strong Sell | 0 | 0 |
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Revenue growth Financial - Data & Stock Exchanges: +11.9%+31.7% ★ Q1'26: +32.3% (vs Q1'25)
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EPS growth Financial - Data & Stock Exchanges: +19.9%+154.8% ★ Q1'26: +39.6% (vs Q1'25)
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FCF margin FCF growth · Financial - Data & Stock Exchanges: +25.6%+172.1% ★ Q1'26: +348.8% (vs Q1'25)
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EBIT margin Financial - Data & Stock Exchanges: +51.8%+130.9% ★ Q1'26: +78.2% (vs Q1'25)
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ROIC Financial - Data & Stock Exchanges: +13.5%+18.8% ★ Q1'26: +18.6% (vs Q1'25)
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Share dilution Financial - Data & Stock Exchanges: +0.6%+0.0% Q1'26: +0.0% (vs Q1'25)
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Debt / EBITDA Net debt/EBITDA · Financial - Data & Stock Exchanges: -0.36×0.01× ★ Q1'26: 0.01× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 1 Rev. Ana. 3 EPS Ana. |
Dec 2027 1 Rev. Ana. 2 EPS Ana. |
Dec 2028 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
460.86M
est: 424.87M (+8.5%)
|
448.95M
est: 374.00M (+20.0%)
|
430.44M
est: 383.34M (+12.3%)
|
333.04M
est: 351.17M (-5.2%)
|
327.20M
est: 332.59M (-1.6%)
|
346.97M
est: 365.00M (-4.9%)
|
294.87M
est: 274.72M (+7.3%)
|
350.68M
est: 330.91M (+6.0%)
|
538.09M
est: 635.02M (-15.3%)
|
612.44M
est: 335.00M (+82.8%)
|
806.57M
est: 1.03B (-21.6%)
|
557.00M
557.00M – 557.00M
-45.9% YoY
|
571.00M
571.00M – 571.00M
+2.5% YoY
|
586.00M
586.00M – 586.00M
+2.6% YoY
|
| EBITDA |
331.08M
est: 293.36M (+12.9%)
|
325.45M
est: 258.24M (+26.0%)
|
302.01M
est: 264.69M (+14.1%)
|
195.16M
est: 242.48M (-19.5%)
|
203.69M
est: 229.65M (-11.3%)
|
225.70M
est: 252.03M (-10.4%)
|
181.73M
est: 189.69M (-4.2%)
|
223.22M
est: 228.49M (-2.3%)
|
407.12M
est: 482.86M (-15.7%)
|
485.35M
est: 254.73M (+90.5%)
|
1.13B
est: 782.52M (+44.2%)
|
423.53M
423.53M – 423.53M
-45.9% YoY
|
434.18M
434.18M – 434.18M
+2.5% YoY
|
445.58M
445.58M – 445.58M
+2.6% YoY
|
| EBIT |
262.87M
est: 209.34M (+25.6%)
|
254.93M
est: 184.27M (+38.3%)
|
234.63M
est: 188.88M (+24.2%)
|
126.73M
est: 173.02M (-26.8%)
|
125.59M
est: 163.87M (-23.4%)
|
146.05M
est: 179.84M (-18.8%)
|
102.05M
est: 135.36M (-24.6%)
|
144.93M
est: 163.04M (-11.1%)
|
329.70M
est: 386.42M (-14.7%)
|
410.66M
est: 203.86M (+101.4%)
|
1.06B
est: 626.24M (+68.6%)
|
338.95M
338.95M – 338.95M
-45.9% YoY
|
347.47M
347.47M – 347.47M
+2.5% YoY
|
356.59M
356.59M – 356.59M
+2.6% YoY
|
| Net Income |
260.98M
est: 319.83M (-18.4%)
|
253.49M
est: 239.87M (+5.7%)
|
232.88M
est: 234.54M (-0.7%)
|
125.47M
est: 159.92M (-21.5%)
|
120.61M
est: 159.92M (-24.6%)
|
137.90M
est: 159.92M (-13.8%)
|
103.84M
est: 79.96M (+29.9%)
|
147.11M
est: 159.92M (-8.0%)
|
329.40M
est: 398.63M (-17.4%)
|
376.71M
est: 319.83M (+17.8%)
|
965.78M
est: 781.23M (+23.6%)
|
559.38M
554.71M – 564.70M
-28.4% YoY
|
559.66M
558.43M – 560.90M
+0.1% YoY
|
639.66M
639.66M – 639.66M
+14.3% YoY
|
| SGA |
24.54M
est: 28.29M (-13.3%)
|
25.05M
est: 24.90M (+0.6%)
|
24.41M
est: 25.52M (-4.4%)
|
26.17M
est: 23.38M (+11.9%)
|
24.22M
est: 22.14M (+9.4%)
|
24.97M
est: 24.30M (+2.8%)
|
17.70M
est: 18.29M (-3.2%)
|
25.40M
est: 22.03M (+15.3%)
|
32.62M
est: 39.37M (-17.2%)
|
41.57M
est: 20.77M (+100.1%)
|
39.57M
est: 63.80M (-38.0%)
|
34.53M
34.53M – 34.53M
-45.9% YoY
|
35.40M
35.40M – 35.40M
+2.5% YoY
|
36.33M
36.33M – 36.33M
+2.6% YoY
|
| EPS |
0.03
est: 0.04 (-17.5%)
|
0.03
est: 0.03 (+6.7%)
|
0.03
est: 0.03 (-1.1%)
|
0.02
est: 0.02 (-21.5%)
|
0.02
est: 0.02 (-24.5%)
|
0.02
est: 0.02 (-13.5%)
|
0.01
est: 0.01 (+30.0%)
|
0.02
est: 0.02 (-8.0%)
|
0.04
est: 0.05 (-17.4%)
|
0.05
est: 0.04 (+17.8%)
|
0.12
est: 0.10 (+22.8%)
|
0.07
0.07 – 0.07
-28.4% YoY
|
0.07
0.07 – 0.07
+0.0% YoY
|
0.08
0.08 – 0.08
+14.3% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-11 | A | 4/5 | 4/5 | 4/5 | 5/5 | 4/5 | 3/5 | 2/5 |
| 2026-05-08 | A | 4/5 | 4/5 | 4/5 | 5/5 | 4/5 | 3/5 | 2/5 |
| 2026-05-07 | A | 4/5 | 4/5 | 4/5 | 5/5 | 4/5 | 3/5 | 2/5 |
| 2026-05-06 | A | 4/5 | 4/5 | 4/5 | 5/5 | 4/5 | 3/5 | 2/5 |
| 2026-05-05 | A | 4/5 | 4/5 | 4/5 | 5/5 | 4/5 | 3/5 | 2/5 |
| 2026-05-04 | A- | 4/5 | 4/5 | 3/5 | 5/5 | 4/5 | 2/5 | 2/5 |
| 2026-05-01 | B+ | 3/5 | 4/5 | 3/5 | 5/5 | 3/5 | 2/5 | 2/5 |
| 2026-04-30 | B+ | 3/5 | 4/5 | 3/5 | 5/5 | 3/5 | 2/5 | 2/5 |
| 2026-04-29 | B+ | 3/5 | 4/5 | 3/5 | 5/5 | 3/5 | 2/5 | 2/5 |
| 2026-04-28 | B+ | 3/5 | 4/5 | 3/5 | 5/5 | 3/5 | 2/5 | 2/5 |
| 2026-04-27 | B+ | 3/5 | 4/5 | 3/5 | 5/5 | 3/5 | 2/5 | 2/5 |
| 2026-04-24 | B+ | 3/5 | 4/5 | 3/5 | 5/5 | 3/5 | 2/5 | 2/5 |
| 2026-04-23 | A- | 4/5 | 4/5 | 4/5 | 5/5 | 3/5 | 2/5 | 2/5 |
| 2026-04-22 | A- | 4/5 | 4/5 | 4/5 | 5/5 | 3/5 | 2/5 | 2/5 |
| 2026-04-21 | A- | 4/5 | 4/5 | 4/5 | 5/5 | 3/5 | 2/5 | 2/5 |
| 2026-04-20 | A- | 4/5 | 4/5 | 4/5 | 5/5 | 3/5 | 2/5 | 2/5 |
| 2026-04-17 | A- | 4/5 | 4/5 | 4/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-04-16 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 3/5 | 2/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | iShares MSCI UAE ETF UAE | 0.61% | 1.93M | 0.59% |
| 2 | State Street SPDR MSCI Emerging Markets Small Cap UCITS ETF EMSD.L | 0.04% | 238.8K | 0.55% |
| 3 | iShares MSCI EM Small Cap UCITS ETF IEMS.L | 0.04% | 132.7K | 0.74% |
| 4 | iShares MSCI Emerging Markets Small-Cap ETF EEMS | 0.04% | 143.4K | 0.72% |
| 5 | Dimensional - Emerging Markets ex China Core Equity ETF DEXC | 0.01% | 43.7K | 0.56% |
| 6 | Dimensional - Emerging Markets Core Equity 2 ETF DFEM | 0.01% | 1.16M | 0.39% |
| 7 | Dimensional Emerging Markets Sustainability Core 1 ETF DFSE | 0.01% | 73.0K | 0.44% |
| 8 | State Street SPDR Portfolio Emerging Markets ETF SPEM | 0.01% | 1.80M | 0.07% |
| 9 | Schwab Emerging Markets Equity ETF SCHE | 0.01% | 1.14M | 0.06% |
| 10 | Vanguard Emerging Markets Ex-China ETF VEXC | 0.01% | 17.9K | 0.07% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Hamed Ahmed Ali | Chief Executive Officer | 7M | male |
| Ali Amer Al Hashimi | Chief Financial Officer & Head of Strategy | 3M | male |
| Eric Salomons | Executive Vice President & Head of Product Development | 3M | male |
| Muhammad Galsulkar | Chief Technology Officer | 3M | male |
| Fatma Al Hammadi | Chief Marketing Officer | 3M | female |
| Racha Lucero | General Counsel | 3M | female |
| Khalifa Ahmed Rabba AlShehhi | Chief Operating Officer & Head of Operations Division | 3M | male |
| Ramzi Bazzy | Head of Business Development | 1M | male |
| Fatma Lootah | Group Head of Compliance | 857.3K | — |
| Fatma Al Olama | Chief People Officer | 474.9K | female |
| Asma Saeed Lootah | Head of Internal Control Department | — | female |
| Moza Alshafar | Investors Relations Manager | — | female |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for DFM.AE
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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