Announcement • May 14
Deyaar Development PJSC to Report Q1, 2026 Results on May 14, 2026 Deyaar Development PJSC announced that they will report Q1, 2026 results on May 14, 2026 Reported Earnings • May 14
First quarter 2026 earnings released: EPS: د.إ0.026 (vs د.إ0.026 in 1Q 2025) First quarter 2026 results: EPS: د.إ0.026 (in line with 1Q 2025). Revenue: د.إ447.1m (up 3.2% from 1Q 2025). Net income: د.إ112.9m (flat on 1Q 2025). Profit margin: 25% (in line with 1Q 2025). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Real Estate industry in United Arab Emirates. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Apr 10
Upcoming dividend of د.إ0.05 per share Eligible shareholders must have bought the stock before 17 April 2026. Payment date: 29 April 2026. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 5.7%. Lower than top quartile of Emirian dividend payers (6.9%). In line with average of industry peers (6.3%). Major Estimate Revision • Mar 19
Consensus revenue estimates fall by 25% The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from د.إ2.82b to د.إ2.10b. EPS estimate fell from د.إ0.18 to د.إ0.12 per share. Net income forecast to shrink 12% next year vs 12% growth forecast for Real Estate industry in United Arab Emirates . Consensus price target down from د.إ1.44 to د.إ0.95. Share price was steady at د.إ0.85 over the past week. Announcement • Mar 17
Deyaar Development PJSC, Annual General Meeting, Apr 08, 2026 Deyaar Development PJSC, Annual General Meeting, Apr 08, 2026, at 14:00 Arabian Standard Time. Location: dubai United Arab Emirates Price Target Changed • Feb 19
Price target increased by 9.1% to د.إ1.44 Up from د.إ1.32, the current price target is provided by 1 analyst. New target price is 41% above last closing price of د.إ1.02. Stock is up 7.5% over the past year. The company is forecast to post earnings per share of د.إ0.18 for next year compared to د.إ0.14 last year. Announcement • Feb 12
Deyaar Development PJSC announces Annual dividend, payable on May 11, 2026 Deyaar Development PJSC announced Annual dividend of AED 0.0500 per share payable on May 11, 2026, ex-date on April 17, 2026 and record date on April 20, 2026. Reported Earnings • Feb 11
Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2025 results: EPS: د.إ0.14 (up from د.إ0.11 in FY 2024). Revenue: د.إ1.97b (up 30% from FY 2024). Net income: د.إ602.2m (up 27% from FY 2024). Profit margin: 31% (in line with FY 2024). Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) exceeded analyst estimates by 6.8%. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Real Estate industry in United Arab Emirates. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Announcement • Feb 09
Deyaar Development PJSC to Report Fiscal Year 2025 Results on Feb 11, 2026 Deyaar Development PJSC announced that they will report fiscal year 2025 results on Feb 11, 2026 Announcement • Jan 08
Deyaar Development PJSC Breaks Ground on DWTN Residences Deyaar Development PJSC has officially broken ground on DWTN Residences, a project designed to redefine urban living. The ceremony, attended by key executives and members of the leadership team, marks the beginning of a new era in luxury housing. DWTN Residences will feature over 522 thoughtfully crafted units, offering a variety of living spaces that include one- to three-bedroom apartments, duplexes, penthouses, and a unique Royal Palace at the pinnacle of the tower. With more than 75,000 square feet of amenities strategically integrated within the tower, Deyaar aims to transform the conventional skyscraper into a self-sustained vertical community. DWTN Residences is set to reflect Dubai's ambitious vision while fostering a liveable environment, establishing a benchmark for the future of luxury living in the city. As construction progresses, the project promises to be a hallmark of luxury and innovation, inviting residents to experience urban living redefined. Reported Earnings • Nov 06
Third quarter 2025 earnings released: EPS: د.إ0.036 (vs د.إ0.032 in 3Q 2024) Third quarter 2025 results: EPS: د.إ0.036 (up from د.إ0.032 in 3Q 2024). Revenue: د.إ521.6m (up 39% from 3Q 2024). Net income: د.إ157.4m (up 13% from 3Q 2024). Profit margin: 30% (down from 37% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Real Estate industry in United Arab Emirates. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Announcement • Oct 31
Deyaar Development PJSC to Report Q3, 2025 Results on Nov 04, 2025 Deyaar Development PJSC announced that they will report Q3, 2025 results on Nov 04, 2025 New Risk • Aug 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Emirian stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Price Target Changed • Aug 07
Price target increased by 13% to د.إ1.26 Up from د.إ1.12, the current price target is provided by 1 analyst. New target price is 21% above last closing price of د.إ1.04. Stock is up 55% over the past year. The company is forecast to post earnings per share of د.إ0.11 for next year compared to د.إ0.11 last year. Reported Earnings • Aug 01
Second quarter 2025 earnings released: EPS: د.إ0.032 (vs د.إ0.026 in 2Q 2024) Second quarter 2025 results: EPS: د.إ0.032 (up from د.إ0.026 in 2Q 2024). Revenue: د.إ492.4m (up 46% from 2Q 2024). Net income: د.إ137.9m (up 19% from 2Q 2024). Profit margin: 28% (down from 34% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Real Estate industry in United Arab Emirates. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 15
First quarter 2025 earnings released: EPS: د.إ0.026 (vs د.إ0.017 in 1Q 2024) First quarter 2025 results: EPS: د.إ0.026 (up from د.إ0.017 in 1Q 2024). Revenue: د.إ433.0m (up 32% from 1Q 2024). Net income: د.إ113.0m (up 55% from 1Q 2024). Profit margin: 26% (up from 22% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Real Estate industry in United Arab Emirates. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Board Change • Apr 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Non-Executive Independent Director Maryam Mohammad Abdulla Bin Faris was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • Apr 07
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.7% to د.إ0.86. The fair value is estimated to be د.إ1.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Earnings per share has grown by 63%. For the next 3 years, revenue is forecast to grow by 23% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Announcement • Mar 19
Deyaar Development PJSC, Annual General Meeting, Apr 16, 2025 Deyaar Development PJSC, Annual General Meeting, Apr 16, 2025, at 11:00 Arabian Standard Time. Major Estimate Revision • Mar 06
Consensus revenue estimates increase by 18% The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from د.إ1.62b to د.إ1.91b. EPS estimate increased from د.إ0.11 to د.إ0.12 per share. Net income forecast to grow 9.9% next year vs 9.9% growth forecast for Real Estate industry in United Arab Emirates. Consensus price target up from د.إ0.97 to د.إ1.17. Share price was steady at د.إ0.93 over the past week. Declared Dividend • Feb 22
Dividend increased to د.إ0.05 Dividend of د.إ0.05 is 25% higher than last year. Ex-date: 25th April 2025 Payment date: 1st January 1970 Dividend yield will be 5.3%, which is higher than the industry average of 4.1%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (25% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend. Announcement • Feb 21
Deyaar Development PJSC announces Annual dividend Deyaar Development PJSC announced Annual dividend of AED 0.0500 per share, ex-date on April 25, 2025 and record date on April 28, 2025. Announcement • Feb 19
Deyaar Development PJSC to Report Fiscal Year 2024 Results on Feb 20, 2025 Deyaar Development PJSC announced that they will report fiscal year 2024 results on Feb 20, 2025 Reported Earnings • Feb 13
Full year 2024 earnings released: EPS: د.إ0.11 (vs د.إ0.10 in FY 2023) Full year 2024 results: EPS: د.إ0.11 (up from د.إ0.10 in FY 2023). Revenue: د.إ1.51b (up 21% from FY 2023). Net income: د.إ473.9m (up 7.5% from FY 2023). Profit margin: 31% (down from 35% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Real Estate industry in United Arab Emirates. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Jan 24
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 44% to د.إ0.95. The fair value is estimated to be د.إ0.79, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 35% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 36% in 2 years. Earnings are forecast to grow by 14% in the next 2 years. Price Target Changed • Nov 14
Price target increased by 7.8% to د.إ0.97 Up from د.إ0.90, the current price target is provided by 1 analyst. New target price is 6.0% above last closing price of د.إ0.92. Stock is up 42% over the past year. The company posted earnings per share of د.إ0.10 last year. Buy Or Sell Opportunity • Nov 13
Now 27% overvalued after recent price rise Over the last 90 days, the stock has risen 38% to د.إ0.91. The fair value is estimated to be د.إ0.72, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 35% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 36% in 2 years. Earnings are forecast to grow by 14% in the next 2 years. Reported Earnings • Nov 07
Third quarter 2024 earnings released: EPS: د.إ0.032 (vs د.إ0.027 in 3Q 2023) Third quarter 2024 results: EPS: د.إ0.032 (up from د.إ0.027 in 3Q 2023). Revenue: د.إ376.1m (up 21% from 3Q 2023). Net income: د.إ139.8m (up 18% from 3Q 2023). Profit margin: 37% (down from 38% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 28
Second quarter 2024 earnings released: EPS: د.إ0.026 (vs د.إ0.014 in 2Q 2023) Second quarter 2024 results: EPS: د.إ0.026 (up from د.إ0.014 in 2Q 2023). Revenue: د.إ336.6m (up 6.4% from 2Q 2023). Net income: د.إ115.7m (up 86% from 2Q 2023). Profit margin: 34% (up from 20% in 2Q 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Real Estate industry in United Arab Emirates. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 16
First quarter 2024 earnings released: EPS: د.إ0.017 (vs د.إ0.013 in 1Q 2023) First quarter 2024 results: EPS: د.إ0.017 (up from د.إ0.013 in 1Q 2023). Revenue: د.إ327.8m (up 4.9% from 1Q 2023). Net income: د.إ73.0m (up 30% from 1Q 2023). Profit margin: 22% (up from 18% in 1Q 2023). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Real Estate industry in United Arab Emirates. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. New Risk • May 05
New minor risk - Dividend sustainability The company has a short dividend paying track record. Less than a year of continuous dividend payments. Dividend yield: 5.4% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Large one-off items impacting financial results. Announcement • Mar 16
Deyaar Development PJSC, Annual General Meeting, Apr 05, 2024 Deyaar Development PJSC, Annual General Meeting, Apr 05, 2024, at 07:00 Coordinated Universal Time. Location: Millennium Al Barsha, Dubai Al Barsha 1 Dubaï United Arab Emirates Agenda: To consider and approve the Report of the Board on the Company's activities and financial position for the year ended 31 December 2023; to consider and approve the Auditor's Report for the year ended 31 December 2023; to consider and approve the Company's Balance Sheet and Profit and Loss Account for the year ended 31 December 2023; to consider and approve Board's remuneration proposal for the year ended 31 December 2023; and to consider other matters. Reported Earnings • Mar 08
Full year 2023 earnings released: EPS: د.إ0.10 (vs د.إ0.033 in FY 2022) Full year 2023 results: EPS: د.إ0.10 (up from د.إ0.033 in FY 2022). Revenue: د.إ1.25b (up 56% from FY 2022). Net income: د.إ440.7m (up 206% from FY 2022). Profit margin: 35% (up from 18% in FY 2022). Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Real Estate industry in United Arab Emirates. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jan 23
Full year 2023 earnings released: EPS: د.إ0.10 (vs د.إ0.033 in FY 2022) Full year 2023 results: EPS: د.إ0.10 (up from د.إ0.033 in FY 2022). Revenue: د.إ1.25b (up 56% from FY 2022). Net income: د.إ440.7m (up 206% from FY 2022). Profit margin: 35% (up from 18% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Real Estate industry in United Arab Emirates. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Price Target Changed • Nov 23
Price target decreased by 12% to د.إ0.74 Down from د.إ0.84, the current price target is provided by 1 analyst. New target price is 15% above last closing price of د.إ0.64. Stock is up 26% over the past year. The company posted earnings per share of د.إ0.033 last year. Reported Earnings • Nov 16
Third quarter 2023 earnings released: EPS: د.إ0.027 (vs د.إ0.008 in 3Q 2022) Third quarter 2023 results: EPS: د.إ0.027 (up from د.إ0.008 in 3Q 2022). Revenue: د.إ310.9m (up 50% from 3Q 2022). Net income: د.إ119.0m (up 228% from 3Q 2022). Profit margin: 38% (up from 18% in 3Q 2022). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Real Estate industry in United Arab Emirates. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Aug 10
Consensus EPS estimates increase by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from د.إ1.20b to د.إ1.23b. EPS estimate increased from د.إ0.045 to د.إ0.05 per share. Net income forecast to grow 29% next year vs 11% growth forecast for Real Estate industry in United Arab Emirates. Consensus price target up from د.إ0.80 to د.إ0.85. Share price was steady at د.إ0.73 over the past week. Reported Earnings • Aug 04
Second quarter 2023 earnings released: EPS: د.إ0.014 (vs د.إ0.007 in 2Q 2022) Second quarter 2023 results: EPS: د.إ0.014 (up from د.إ0.007 in 2Q 2022). Revenue: د.إ316.4m (up 53% from 2Q 2022). Net income: د.إ62.1m (up 90% from 2Q 2022). Profit margin: 20% (up from 16% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Real Estate industry in United Arab Emirates. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Price Target Changed • May 27
Price target increased by 22% to د.إ0.73 Up from د.إ0.60, the current price target is provided by 1 analyst. New target price is 9.0% above last closing price of د.إ0.67. Stock is up 25% over the past year. The company posted earnings per share of د.إ0.033 last year. Reported Earnings • May 11
First quarter 2023 earnings released: EPS: د.إ0.013 (vs د.إ0.008 in 1Q 2022) First quarter 2023 results: EPS: د.إ0.013 (up from د.إ0.008 in 1Q 2022). Revenue: د.إ312.5m (up 93% from 1Q 2022). Net income: د.إ56.4m (up 65% from 1Q 2022). Profit margin: 18% (down from 21% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Real Estate industry in United Arab Emirates. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jan 26
Full year 2022 earnings released: EPS: د.إ0.033 (vs د.إ0.012 in FY 2021) Full year 2022 results: EPS: د.إ0.033 (up from د.إ0.012 in FY 2021). Revenue: د.إ803.4m (up 62% from FY 2021). Net income: د.إ144.2m (up 184% from FY 2021). Profit margin: 18% (up from 10% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Nov 30
Consensus revenue estimates increase by 14% The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from د.إ664.0m to د.إ758.0m. EPS estimate increased from د.إ0.01 to د.إ0.02 per share. Net income forecast to grow 51% next year vs 8.1% growth forecast for Real Estate industry in United Arab Emirates. Consensus price target down from د.إ0.63 to د.إ0.58. Share price was steady at د.إ0.51 over the past week. Price Target Changed • Nov 29
Price target decreased to د.إ0.58 Down from د.إ0.65, the current price target is provided by 1 analyst. New target price is 14% above last closing price of د.إ0.51. Stock is down 8.3% over the past year. The company is forecast to post earnings per share of د.إ0.01 for next year compared to د.إ0.012 last year. Reported Earnings • Jul 29
Second quarter 2022 earnings released: EPS: د.إ0.008 (vs د.إ0.002 in 2Q 2021) Second quarter 2022 results: EPS: د.إ0.008 (up from د.إ0.002 in 2Q 2021). Revenue: د.إ207.5m (up 40% from 2Q 2021). Net income: د.إ32.7m (up 333% from 2Q 2021). Profit margin: 16% (up from 5.1% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 25%, compared to a 6.6% growth forecast for the industry in United Arab Emirates. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Major Estimate Revision • Jun 29
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from د.إ0.01 to د.إ0.01. Revenue forecast unchanged from د.إ664.0m at last update. Net income forecast to grow 24% next year vs 10% growth forecast for Real Estate industry in United Arab Emirates. Consensus price target down from د.إ0.65 to د.إ0.63. Share price was steady at د.إ0.47 over the past week. Board Change • Jun 01
High number of new directors Vice Chairman of the Board Hamad Buamim was the last director to join the board, commencing their role in 2022. Reported Earnings • May 12
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: د.إ0.004 (up from د.إ0.003 in 1Q 2021). Revenue: د.إ161.9m (up 8.5% from 1Q 2021). Net income: د.إ25.1m (up 67% from 1Q 2021). Profit margin: 16% (up from 10% in 1Q 2021). Revenue missed analyst estimates by 8.0%. Earnings per share (EPS) also missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 35%, compared to a 18% growth forecast for the industry in United Arab Emirates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Price Target Changed • Apr 27
Price target increased to د.إ0.49 Up from د.إ0.22, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of د.إ0.48. Stock is up 77% over the past year. The company is forecast to post earnings per share of د.إ0.01 for next year compared to د.إ0.0088 last year. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 7 highly experienced directors. Non-Executive Independent Director Maryam Mohammad Abdulla Bin Faris was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Feb 13
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: د.إ0.009 (up from د.إ0.038 loss in FY 2020). Revenue: د.إ504.9m (up 22% from FY 2020). Net income: د.إ50.8m (up د.إ267.7m from FY 2020). Profit margin: 10% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Revenue missed analyst estimates by 8.0%. Earnings per share (EPS) also missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 32%, compared to a 6.1% growth forecast for the industry in United Arab Emirates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. Board Change • Dec 05
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Non-Executive Independent Director Maryam Mohammad Abdulla Bin Faris was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 15
Third quarter 2021 earnings released: EPS د.إ0.001 (vs د.إ0.001 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: د.إ120.7m (up 6.3% from 3Q 2020). Net income: د.إ8.20m (up 81% from 3Q 2020). Profit margin: 6.8% (up from 4.0% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS د.إ0.001 (vs د.إ0.001 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: د.إ148.3m (up 96% from 2Q 2020). Net income: د.إ7.55m (up 27% from 2Q 2020). Profit margin: 5.1% (down from 7.8% in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 25
New 90-day low: د.إ0.26 The company is down 8.0% from its price of د.إ0.28 on 26 November 2020. The Emirian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 3.0% over the same period. Reported Earnings • Feb 22
Full year 2020 earnings released: د.إ0.037 loss per share (vs د.إ0.012 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: د.إ412.9m (down 32% from FY 2019). Net loss: د.إ216.9m (down 403% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 68% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Announcement • Feb 17
Deyaar Development PJSC to Report Fiscal Year 2020 Results on Feb 17, 2021 Deyaar Development PJSC announced that they will report fiscal year 2020 results on Feb 17, 2021 Announcement • Jan 28
Deyaar Development PJSC(DFM:DEYAAR) dropped from FTSE All-World Index (USD) Deyaar Development PJSC(DFM:DEYAAR) dropped from FTSE All-World Index (USD) Is New 90 Day High Low • Jan 11
New 90-day high: د.إ0.30 The company is up 4.0% from its price of د.إ0.29 on 13 October 2020. The Emirian market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 36% over the same period. Reported Earnings • Nov 18
Third quarter 2020 earnings released: EPS د.إ0.001 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: د.إ113.6m (down 22% from 3Q 2019). Net income: د.إ4.54m (down 72% from 3Q 2019). Profit margin: 4.0% (down from 11% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Oct 29
New 90-day low: د.إ0.27 The company is down 1.0% from its price of د.إ0.28 on 29 July 2020. The Emirian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 18% over the same period. Announcement • Aug 12
Deyaar Development PJSC to Report Q2, 2020 Results on Aug 12, 2020 Deyaar Development PJSC announced that they will report Q2, 2020 results on Aug 12, 2020