Aldar Properties PJSC Past Earnings Performance

Past criteria checks 4/6

Aldar Properties PJSC has been growing earnings at an average annual rate of 18.4%, while the Real Estate industry saw earnings growing at 12.8% annually. Revenues have been growing at an average rate of 16.9% per year. Aldar Properties PJSC's return on equity is 13.5%, and it has net margins of 26.4%.

Key information

18.4%

Earnings growth rate

18.4%

EPS growth rate

Real Estate Industry Growth	9.6%
Revenue growth rate	16.9%
Return on equity	13.5%
Net Margin	26.4%
Last Earnings Update	31 Mar 2024

Recent past performance updates

Recent updates

A Look At The Fair Value Of Aldar Properties PJSC (ADX:ALDAR)

Jun 08

Calculating The Intrinsic Value Of Aldar Properties PJSC (ADX:ALDAR)

Feb 19

Aldar Properties PJSC (ADX:ALDAR) Shareholders Have Enjoyed A 57% Share Price Gain

Jan 28

Is Aldar Properties PJSC (ADX:ALDAR) A Risky Dividend Stock?

Jan 11

What Is The Ownership Structure Like For Aldar Properties PJSC (ADX:ALDAR)?

Dec 24

Are Aldar Properties PJSC's (ADX:ALDAR) Statutory Earnings A Good Guide To Its Underlying Profitability?

Dec 06

Aldar Properties PJSC's (ADX:ALDAR) Stock's Been Going Strong: Could Weak Financials Mean The Market Will Coorect Its Share Price?

Nov 17

Benign Growth For Aldar Properties PJSC (ADX:ALDAR) Underpins Its Share Price

Sep 15

Should You Use Aldar Properties PJSC's (ADX:ALDAR) Statutory Earnings To Analyse It?

Aug 25

Revenue & Expenses Breakdown
Beta

How Aldar Properties PJSC makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

ADX:ALDAR Revenue, expenses and earnings (AED Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	16,711	4,410	1,123
31 Dec 23	14,161	3,819	1,116
30 Sep 23	12,897	3,505	1,327
30 Jun 23	12,153	3,241	1,383
31 Mar 23	11,582	2,899	1,354
31 Dec 22	11,200	2,893	1,312
30 Sep 22	10,322	2,756	1,183
30 Jun 22	9,696	2,725	1,052
31 Mar 22	9,218	2,441	970
31 Dec 21	8,576	2,316	845
30 Sep 21	8,855	2,259	673
30 Jun 21	8,861	2,212	600
31 Mar 21	8,676	2,175	564
31 Dec 20	8,392	1,932	519
30 Sep 20	7,980	1,787	456
30 Jun 20	7,491	1,744	460
31 Mar 20	7,140	1,731	466
31 Dec 19	7,148	1,984	473
30 Sep 19	6,834	1,726	453
30 Jun 19	6,726	1,763	450
31 Mar 19	6,581	1,739	451
31 Dec 18	6,287	1,856	444
30 Sep 18	6,347	1,678	440
30 Jun 18	6,230	1,855	418
31 Mar 18	6,073	2,029	409
31 Dec 17	6,181	1,996	398
30 Sep 17	5,723	2,582	351
30 Jun 17	6,241	2,732	366
31 Mar 17	6,583	2,769	362
31 Dec 16	6,237	2,782	378
30 Sep 16	5,951	2,789	379
30 Jun 16	5,229	2,676	394
31 Mar 16	4,638	2,617	404
31 Dec 15	4,586	2,537	396
30 Sep 15	4,730	2,489	469
30 Jun 15	4,922	2,434	476
31 Mar 15	6,011	2,341	483
31 Dec 14	6,551	2,225	482
30 Sep 14	6,606	1,971	291
30 Jun 14	6,407	1,799	498
31 Mar 14	5,475	2,545	457
31 Dec 13	5,380	2,246	420
30 Sep 13	5,634	2,053	624
30 Jun 13	6,070	1,851	303

Quality Earnings: ALDAR has high quality earnings.

Growing Profit Margin: ALDAR's current net profit margins (26.4%) are higher than last year (25%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ALDAR's earnings have grown by 18.4% per year over the past 5 years.

Accelerating Growth: ALDAR's earnings growth over the past year (52.1%) exceeds its 5-year average (18.4% per year).

Earnings vs Industry: ALDAR earnings growth over the past year (52.1%) did not outperform the Real Estate industry 74.1%.

Aldar Properties PJSC Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

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

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

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

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

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Recent updates

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

A Look At The Fair Value Of Aldar Properties PJSC (ADX:ALDAR)

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

Calculating The Intrinsic Value Of Aldar Properties PJSC (ADX:ALDAR)

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).

Consensus forecasts updated

Third quarter 2021 earnings released: EPS د.إ0.06 (vs د.إ0.054 in 3Q 2020)

Aldar to Launch Magnolias at Yas Acres

Consensus forecasts updated

Aldar Properties PJSC Launches Saadiyat Reserve the Dunes

Aldar Properties AnnounceS That Noya Luma, the Third Phase of Its Highly Successful Noya Development on Yas Island, Sold Out Within Four Hours

First quarter 2021 earnings released: EPS د.إ0.069 (vs د.إ0.038 in 1Q 2020)

Aldar Properties to Invest in Fifth Wall Proptech Fund

An investor consortium led by Aldar Properties PJSC (ADX:ALDAR) submitted a preliminary non-binding offer to acquire not less than 51% stake in Sixth of October for Development and Investment Company "SODIC" (S.A.E.) (CASE:OCDI) for EGP 3.5 billion.

Aldar Properties PJSC, Annual General Meeting, Mar 24, 2021

Al Dar Properties PJSC Announces Resignation of Mansour Mohamed Al Mulla as Director

Time Out Group plc Enters into A Management Agreement with Leading Real Estate Developer, Aldar Properties

Aldar Properties Announces New Group Operating Model

Revenue & Expenses Breakdown
Beta