Deyaar Development PJSC Valuation

Q: What is the Fair Price of DEYAAR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

DEYAAR (AED0.96) is trading above our estimate of [[fair value]] (AED0.72)

Is DEYAAR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of DEYAAR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: DEYAAR (AED0.96) is trading above our estimate of fair value (AED0.72)

Significantly Below Fair Value: DEYAAR is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DEYAAR?

Key metric: As DEYAAR is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for DEYAAR. This is calculated by dividing DEYAAR's market cap by their current earnings.
What is DEYAAR's PE Ratio?
PE Ratio	7.9x
Earnings	د.إ531.68m
Market Cap	د.إ3.97b

DEYAAR key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	2x
Enterprise Value/EBITDA	8.1x
PEG Ratio	0.7x

Price to Earnings Ratio vs Peers

How does DEYAAR's PE Ratio compare to its peers?

The above table shows the PE ratio for DEYAAR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	7.6x
RAKPROP RAK Properties PJSC	15.1x	n/a	د.إ3.3b
EMAARDEV Emaar Development PJSC	6.4x	4.6%	د.إ44.0b
EMAAR Emaar Properties PJSC	7.2x	3.6%	د.إ84.1b
UPP Union Properties	1.8x	-50.6%	د.إ1.6b
DEYAAR Deyaar Development PJSC	7.9x	11.6%	د.إ4.0b

Price-To-Earnings vs Peers: DEYAAR is expensive based on its Price-To-Earnings Ratio (7.9x) compared to the peer average (7.6x).

Price to Earnings Ratio vs Industry

How does DEYAAR's PE Ratio compare vs other companies in the Asian Real Estate Industry?

48 Companies	Price / Earnings	Estimated Growth	Market Cap

48 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: DEYAAR is good value based on its Price-To-Earnings Ratio (7.9x) compared to the Asian Real Estate industry average (15.1x).

Price to Earnings Ratio vs Fair Ratio

What is DEYAAR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DEYAAR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	7.9x
Fair PE Ratio	6.6x

Price-To-Earnings vs Fair Ratio: DEYAAR is expensive based on its Price-To-Earnings Ratio (7.9x) compared to the estimated Fair Price-To-Earnings Ratio (6.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.