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Dubai Financial Market P.J.S.C. (DFM.AE)

AED1.44 -0.01 (-0.69%)
AE DFM Financial Services Financial - Data & Stock Exchanges
Address World Trade Centre (Rashid Tower)
Dubai, DU, AE
CEO Hamed Ahmed Ali
Website dfm.ae
IPO 2010-02-22
ISIN AED000901010

Explore sections of this company profile

Description

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.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
AED1.44 -0.01 (-0.69%)
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Volume Profile
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Liquidity & share structure
Average Volume
3M
Beta
0.28
Float Shares
1.54B
Free Float %
19.3%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.68% -3.31% +2.10% -13.10% -9.32% -11.52% -2.67% -0.68% +33.94% +11.45% -35.96%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
1.44
DCF (Unlevered) 2.09 +44.8%
DCF (Levered) 1.67 +16.3%

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.

Ratings Trend (MoM) 75% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 2 -1
Hold 0 0
Sell 1 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.80
Grey zone
Piotroski F-Score
6 / 9
Average
MOAT Score
6 / 10
Developing
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
4 / 5
High
P/E Score
3 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers ★ Strong MOAT
  • Revenue growth Financial - Data & Stock Exchanges: +11.9%
    +31.7% Q1'26: +32.3% (vs Q1'25)
  • EPS growth Financial - Data & Stock Exchanges: +19.9%
    +154.8% Q1'26: +39.6% (vs Q1'25)
  • FCF margin FCF growth · Financial - Data & Stock Exchanges: +25.6%
    +172.1% Q1'26: +348.8% (vs Q1'25)
  • EBIT margin Financial - Data & Stock Exchanges: +51.8%
    +130.9% Q1'26: +78.2% (vs Q1'25)
  • ROIC Financial - Data & Stock Exchanges: +13.5%
    +18.8% Q1'26: +18.6% (vs Q1'25)
  • Share dilution Financial - Data & Stock Exchanges: +0.6%
    +0.0% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Financial - Data & Stock Exchanges: -0.36×
    0.01× Q1'26: 0.01× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* 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.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.67) × ERP
WACC = 100% × Ke + 0% × Kd (12.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 2.07 Current price: 1.44
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
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
Historical Ratings (3M)
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

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.15B
OE per share TTM
0.14
Owner's Yield
9.83%
Maintenance CapEx ratio
17.85%
Maint CapEx / Avg PPE
53.4%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 64 ETFs in our universe
# 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

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
6.44M
Shares Outstanding
8.00B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
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
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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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.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits