Aldar Properties PJSC Future Growth

Future criteria checks 2/6

Aldar Properties PJSC is forecast to grow earnings and revenue by 13.6% and 11.9% per annum respectively. EPS is expected to grow by 13.3% per annum. Return on equity is forecast to be 13% in 3 years.

Key information

13.6%

Earnings growth rate

13.3%

EPS growth rate

Real Estate earnings growth	9.8%
Revenue growth rate	11.9%
Future return on equity	13.0%
Analyst coverage	Good
Last updated	10 Dec 2024

Recent future growth updates

Aldar Properties PJSC Just Missed EPS By 17%: Here's What Analysts Think Will Happen Next

Nov 01

Earnings Beat: Aldar Properties PJSC Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Aug 01

Recent updates

Aldar Properties PJSC (ADX:ALDAR) Doing What It Can To Lift Shares

Nov 28

Aldar Properties PJSC Just Missed EPS By 17%: Here's What Analysts Think Will Happen Next

Nov 01

Aldar Properties PJSC (ADX:ALDAR) Strong Profits May Be Masking Some Underlying Issues

Aug 05

Earnings Beat: Aldar Properties PJSC Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Aug 01

Potential Upside For Aldar Properties PJSC (ADX:ALDAR) Not Without Risk

Jul 25

Earnings and Revenue Growth Forecasts

ADX:ALDAR - Analysts future estimates and past financials data (AED Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	28,621	7,088	4,066	7,591	7
12/31/2025	25,910	6,317	3,080	5,469	8
12/31/2024	22,366	5,245	537	3,077	9
9/30/2024	20,898	5,057	2,105	2,899	N/A
6/30/2024	18,774	4,763	4,482	5,291	N/A
3/31/2024	16,711	4,410	3,880	4,729	N/A
12/31/2023	14,161	3,819	2,860	3,590	N/A
9/30/2023	12,897	3,556	5,604	6,184	N/A
6/30/2023	12,153	3,293	1,430	2,877	N/A
3/31/2023	11,582	2,899	3,162	5,231	N/A
12/31/2022	11,200	2,893	4,147	6,301	N/A
9/30/2022	10,322	2,756	3,580	5,647	N/A
6/30/2022	9,696	2,725	5,224	6,273	N/A
3/31/2022	9,218	2,441	5,487	5,744	N/A
12/31/2021	8,576	2,316	5,684	5,800	N/A
9/30/2021	8,855	2,259	4,036	4,128	N/A
6/30/2021	8,861	2,212	4,644	4,772	N/A
3/31/2021	8,676	2,175	1,432	1,555	N/A
12/31/2020	8,392	1,932	1,290	1,400	N/A
9/30/2020	7,980	1,787	883	1,037	N/A
6/30/2020	7,491	1,744	425	555	N/A
3/31/2020	7,140	1,731	1,717	1,848	N/A
12/31/2019	7,148	1,984	1,169	1,303	N/A
9/30/2019	6,834	1,726	1,825	1,915	N/A
6/30/2019	6,726	1,763	1,398	1,483	N/A
3/31/2019	6,581	1,739	-36	66	N/A
12/31/2018	6,287	1,856	-206	-107	N/A
9/30/2018	6,347	1,678	235	409	N/A
6/30/2018	6,230	1,855	N/A	-109	N/A
3/31/2018	6,073	2,029	N/A	900	N/A
12/31/2017	6,181	1,996	N/A	1,871	N/A
9/30/2017	5,723	2,582	N/A	1,200	N/A
6/30/2017	6,241	2,732	N/A	2,195	N/A
3/31/2017	6,583	2,769	N/A	2,162	N/A
12/31/2016	6,237	2,782	N/A	2,108	N/A
9/30/2016	5,951	2,789	N/A	1,693	N/A
6/30/2016	5,229	2,676	N/A	2,813	N/A
3/31/2016	4,638	2,617	N/A	4,737	N/A
12/31/2015	4,586	2,537	N/A	6,034	N/A
9/30/2015	4,730	2,489	N/A	6,989	N/A
6/30/2015	4,922	2,434	N/A	6,003	N/A
3/31/2015	6,011	2,341	N/A	3,944	N/A
12/31/2014	6,551	2,225	N/A	6,662	N/A
9/30/2014	6,606	1,971	N/A	4,807	N/A
6/30/2014	6,407	1,799	N/A	5,231	N/A
3/31/2014	5,475	2,545	N/A	6,001	N/A
12/31/2013	5,380	2,246	N/A	4,417	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALDAR's forecast earnings growth (13.6% per year) is below the savings rate (14.7%).

Earnings vs Market: ALDAR's earnings (13.6% per year) are forecast to grow faster than the AE market (5.3% per year).

High Growth Earnings: ALDAR's earnings are forecast to grow, but not significantly.

Revenue vs Market: ALDAR's revenue (11.9% per year) is forecast to grow faster than the AE market (6.5% per year).

High Growth Revenue: ALDAR's revenue (11.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ALDAR's Return on Equity is forecast to be low in 3 years time (13%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/25 12:24
End of Day Share Price	2024/12/25 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Aldar Properties PJSC is covered by 27 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Belhassen Achour	AlphaMena
Kais Kriaa	AlphaMena
Mohamad Haidar	Arqaam Capital Research Offshore S.A.L.

Aldar Properties PJSC Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Aldar Properties PJSC Just Missed EPS By 17%: Here's What Analysts Think Will Happen Next

Price target increased by 9.4% to د.إ7.31

Earnings Beat: Aldar Properties PJSC Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Price target increased to د.إ5.33

Consensus forecasts updated

Consensus forecasts updated

Recent updates

Aldar Properties PJSC (ADX:ALDAR) acquired Flagship Commercial Tower in Dubai International Financial Centre from H&H Investment & Development for AED 2.3 billion.

Aldar Properties PJSC (ADX:ALDAR) Doing What It Can To Lift Shares

Now 22% overvalued after recent price rise

Aldar Properties PJSC Just Missed EPS By 17%: Here's What Analysts Think Will Happen Next

Third quarter 2024 earnings: EPS misses analyst expectations

Now 22% overvalued after recent price rise

Aldar Properties and Mubadala Investment Company Breaks Ground on One Maryah Place to Meet Strong Demand for Prime Grade-A Office Space in Abu Dhabi

Aldar Properties PJSC to Report Q3, 2024 Results on Oct 29, 2024

Now 28% overvalued after recent price rise

Price target increased by 9.4% to د.إ7.31

Aldar Properties PJSC (ADX:ALDAR) Strong Profits May Be Masking Some Underlying Issues

Earnings Beat: Aldar Properties PJSC Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Potential Upside For Aldar Properties PJSC (ADX:ALDAR) Not Without Risk

Aldar Properties PJSC to Report Q2, 2024 Results on Jul 29, 2024

Aldar Properties Unveils Athlon, A First-Of-Its-Kind 'Active Living' Concept in Dubai

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Now 23% overvalued after recent price rise

Aldar Properties PJSC to Report Q1, 2024 Results on Apr 29, 2024

Aldar Properties PJSC, Annual General Meeting, Mar 19, 2024

Aldar Properties PJSC, Annual General Meeting, Mar 19, 2024

Now 21% overvalued

New minor risk - Earnings quality

Dividend increased to د.إ0.17

Full year 2023 earnings released: EPS: د.إ0.49 (vs د.إ0.37 in FY 2022)

Aldar Properties PJSC Recommends Dividend for 2023

Aldar Properties Unveils New Exclusive Residential Community

Aldar Properties PJSC (ADX:ALDAR) acquired London Square Limited.

Aldar Properties PJSC Announces the Launch of Nikki Beach Residences

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Aldar Properties PJSC to Report Q3, 2023 Results on Oct 30, 2023

Aldar Properties PJSC Announces the Launch of Gardenia Bay

Aldar Properties PJSC Appoints Faisal Falaknaz as Group Sustainability Officer

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Aldar Properties Announces the Launch of the Second Building At the Source

Aldar Properties PJSC (ADX:ALDAR) acquired 75% stake in Basatin Landscaping LLC.

GEMS Education Reportedly Considers Options for the Business

First quarter 2023 earnings released: EPS: د.إ0.086 (vs د.إ0.085 in 1Q 2022)

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Aldar Properties Unveils its New Urban Collection with Manarat Living - a Design-Led Concept on Saadiyat Island

Aldar Properties PJSC Announces Executive Changes

Aldar Properties Launches The Sustainable City Yas Island, a Sustainability- Centric Community Offering a New Way of Life for Residents in Abu Dhabi

Aldar Properties PJSC (ADX:ALDAR) and Mubadala Investment Company PJSC agreed to acquire 25-storey Al Maryah Tower in Al Maryah Island for AED 450 million.

Now 20% undervalued after recent price drop

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Aldar Properties Announces the Launch of Saadiyat Lagoons

Aldar Properties PJSC to Report Q3, 2022 Results on Oct 27, 2022

Aldar Properties PJSC (ADX:ALDAR) acquired Spark Security Services for AED 125 million.

Aldar Launches Yas Park Gate on the Doorstep of A First of Its Kind Family Park in Abu Dhabi

Apollo Global Management, Inc. (NYSE:APO) acquired additional 11.1% stake in Aldar Investment Properties LLC from Aldar Properties PJSC (ADX:ALDAR) for approximately $400 million.

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Aldar Properties PJSC (ADX:ALDAR) acquired DoubleTree by Hilton Resort & Spa Marjan Island for AED 810 million.

Price target increased to د.إ5.33

Aldar Properties Launches Yas Golf Collection, Latest Community on the Iconic Yas Island in Abu Dhabi

Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) acquired additional unknown minority stake ldar Properties PJSC (ADX:ALDAR).

Aldar Properties PJSC Launches Apartments at Grove District

Now 20% undervalued

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Aldar Properties Appoints ADQ Chief Executive Officer Mohamed Alsuwaidi and IHC Executive Sofia Lasky to Its Board of Directors

Aldar Properties Launches Fay Alreeman with Villas Available from AED 2.7 Million

Aldar Properties PJSC (ADX:ALDAR) acquired RIXOS BAB AL BAHR for AED 770 million.

Insufficient new directors

Full year 2021 earnings: Revenues miss analyst expectations

Aldar Properties PJSC Recommends Dividend for the Period Ended December 31,2021

Full year 2021 earnings: EPS and revenues miss analyst expectations

Aldar Properties PJSC to Report Fiscal Year 2021 Results on Feb 09, 2022

Aldar Properties PJSC (ADX:ALDAR) acquired Al Hamra Mall for AED 410 million.

Aldar Properties Launches Project to Reduce Energy Consumption by 20% Across 80 of its Assets

An investor consortium led by Aldar Properties PJSC (ADX:ALDAR) including Abu Dhabi Developmental Holding Company PJSC completed the acquisition of a 85.52% stake in Sixth of October for Development and Investment Company "SODIC" (S.A.E.) (CASE:OCDI).