Valuation Emaar Properties Monde

Stocks

End-of-day quote Monde			5-day change	1st Jan Change
- ^AED	-.--%		-.--%	-

09-18	Securities & Investment Raises Emaar Properties PT, Keeps Buy Rating	MT
09-18	MIDEAST STOCKS-Abu Dhabi gains on IHC rally, Dubai falls	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	39,999	51,795	70,003	113,578	124,185	102,000	-	-
Change	-	29.49%	35.15%	62.25%	9.34%	-17.86%	-	-
Enterprise Value (EV) ¹	49,921	48,004	48,419	73,209	62,530	39,715	26,755	11,887
Change	-	-3.84%	0.86%	51.2%	-14.59%	-36.49%	-32.63%	-55.57%
P/E	9.4x	7.06x	6x	8.4x	7.06x	5.71x	5.11x	4.37x
PBR	0.65x	0.75x	0.9x	1.33x	1.32x	0.99x	0.89x	0.78x
PEG	-	0.1x	0.1x	0.5x	0.2x	3.59x	0.4x	0.3x
Capitalization / Revenue	1.41x	2.08x	2.62x	3.2x	2.51x	1.95x	1.67x	1.46x
EV / Revenue	1.77x	1.93x	1.81x	2.06x	1.26x	0.76x	0.44x	0.17x
EV / EBITDA	6.2x	4.89x	3.02x	3.8x	2.45x	1.6x	0.89x	0.36x
EV / EBIT	7.51x	6.64x	3.82x	4.66x	2.83x	1.74x	0.99x	0.39x
EV / FCF	5.28x	2.74x	2.6x	3.16x	1.98x	1.81x	1.55x	-
FCF Yield	18.9%	36.5%	38.5%	31.7%	50.4%	55.3%	64.4%	-
Dividend per Share ²	0.15	0.25	0.5	1	1	1	1	1.035
Rate of return	3.07%	4.27%	6.31%	7.78%	7.12%	8.67%	8.67%	8.97%
EPS ²	0.52	0.83	1.32	1.53	1.99	2.022	2.258	2.643
Distribution rate	28.8%	30.1%	37.9%	65.4%	50.3%	49.5%	44.3%	39.2%
Net sales ¹	28,270	24,926	26,750	35,505	49,557	52,219	61,023	69,654
EBITDA ¹	8,057	9,816	16,033	19,277	25,561	24,891	30,227	32,983
EBIT ¹	6,649	7,228	12,671	15,722	22,102	22,848	27,114	30,824
Net income ¹	3,800	6,832	11,630	13,514	17,599	17,764	19,919	23,785
Net Debt ¹	9,922	-3,791	-21,584	-40,370	-61,655	-62,285	-75,245	-90,112
Reference price ²	4.89	5.86	7.92	12.85	14.05	11.54	11.54	11.54
Nbr of stocks (in thousands)	8,179,739	8,838,790	8,838,790	8,838,790	8,838,790	8,838,790	-	-
Announcement Date	2/14/22 A	2/14/23 A	2/8/24 A	2/13/25 A	2/12/26 A	-	-	-

¹AED in Million²AED

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
SUN HUNG KAI PROPERTIES LIMITED	13.97x	4.54x	12.2x	3.62%	40.81B
EMAAR PROPERTIES	5.75x	0.77x	1.62x	8.61%	27.77B
MITSUBISHI ESTATE CO., LTD.	17.85x	3.95x	15.88x	1.37%	27.6B
CHINA RESOURCES LAND LIMITED	7.79x	1.41x	7.78x	4.54%	26.52B
MITSUI FUDOSAN CO., LTD.	13.72x	3.07x	14.71x	2.55%	25.38B
ALPHA DHABI HOLDING	8.17x	0.91x	3.3x	2.73%	20.52B
CK ASSET HOLDINGS LIMITED	10.25x	2.01x	8.28x	4.1%	20.52B
SUMITOMO REALTY & DEVELOPMENT CO., LTD.	13.01x	6.39x	16.79x	1.67%	18.69B
HONGKONG LAND HOLDINGS LIMITED	38.15x	13.96x	35.15x	3.11%	18.46B
Average	14.30x	4.11x	12.86x	3.59%	25.14B
Weighted average by Cap.	13.71x	3.84x	12.20x	3.71%