Company Valuation: Aldar Properties

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 31,372 34,831 42,065 60,385 68,405 64,159 - -
Change - 11.03% 20.77% 43.55% 13.28% -6.21% - -
Enterprise Value (EV) 1 30,892 32,579 42,426 61,635 72,257 66,755 60,812 55,628
Change - 5.46% 30.23% 45.28% 17.23% -7.61% -8.9% -8.52%
P/E 13.5x 12x 11x 11x 9.11x 7.78x 6.47x 5.7x
PBR 1.17x 1.15x 1.28x 1.64x 1.61x 1.34x 1.1x 0.94x
PEG - 0.5x 0.3x 0.2x 0.3x 0.8x 0.3x 0.4x
Capitalization / Revenue 3.66x 3.11x 2.97x 2.63x 2.02x 1.65x 1.49x 1.33x
EV / Revenue 3.6x 2.91x 3x 2.68x 2.14x 1.72x 1.41x 1.15x
EV / EBITDA 10.4x 8.89x 8.32x 9.05x 7.33x 5.56x 4.55x 3.7x
EV / EBIT 11.4x 9.81x 10.7x 10.1x 7.67x 6x 4.85x 3.83x
EV / FCF 5.67x -24.7x 31.2x 22.4x 14.9x 17.9x 9.48x 8.23x
FCF Yield 17.6% -4.04% 3.21% 4.46% 6.73% 5.58% 10.5% 12.1%
Dividend per Share 2 0.15 0.16 0.17 0.185 0.205 0.233 0.2564 0.2886
Rate of return 3.76% 3.61% 3.18% 2.41% 2.36% 2.86% 3.14% 3.54%
EPS 2 0.295 0.368 0.486 0.7 0.955 1.048 1.261 1.432
Distribution rate 50.8% 43.5% 35% 26.4% 21.5% 22.2% 20.3% 20.2%
Net sales 1 8,576 11,200 14,161 22,998 33,818 38,796 43,178 48,239
EBITDA 1 2,966 3,664 5,100 6,813 9,858 12,006 13,372 15,038
EBIT 1 2,716 3,321 3,977 6,117 9,421 11,132 12,539 14,513
Net income 1 2,316 2,944 3,922 5,596 7,611 8,159 9,824 11,049
Net Debt 1 -480.2 -2,253 361 1,250 3,852 2,596 -3,347 -8,531
Reference price 2 3.990 4.430 5.350 7.680 8.700 8.160 8.160 8.160
Nbr of stocks (in thousands) 7,862,630 7,862,630 7,862,630 7,862,630 7,862,630 7,862,630 - -
Announcement Date 2/9/22 2/9/23 2/9/24 2/10/25 2/9/26 - - -
1AED in Million2AED
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
7.78x1.72x5.56x2.86% 17.47B
15.32x4.85x13.03x3.31% 43.62B
20.93x4.27x17.53x1.2% 31.13B
8.13x1.43x7.17x4.38% 29.27B
5.92x0.69x1.42x8.43% 28.54B
13.98x3.07x14.73x2.51% 25.18B
15.13x6.83x18.32x1.41% 21.51B
8.77x2.22x7.12x4.03% 20.29B
Average 12.00x 3.14x 10.61x 3.52% 27.13B
Weighted average by Cap. 12.53x 3.25x 10.93x 3.58%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. ALDAR Stock
  4. Valuation Aldar Properties