EMAAR EC

Emaar, The Economic City

4220StocksTadawulReal Estate

Financials

1-5

	CurrentMar 10, 2026	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Market & Price
Market Capitalization	8.67B	9.92B	9.01B	9.45B	13.53B
Market Cap Growth	+4.6%	+10.1%	-4.7%	-30.2%	+72.9%
Enterprise Value	16.87B	17.69B	15.53B	15.56B	19.05B
Last Close Price	9.82	18.95	17.22	18.06	25.86
Valuation Multiples
Forward PE (Next 12M Est.)	—	22.44	22.44	22.44	22.44
PEG Ratio	—	1.37	1.37	1.37	1.37
PS Ratio	10.02	23.28	8.74	26.02	36.37
PB Ratio	1.75	1.88	1.41	1.42	1.74
P/TBV Ratio	1.75	1.88	1.41	1.42	1.74
P/FCF Ratio	—	—	—	—	99.78
P/OCF Ratio	—	—	—	—	94.69
EV/Sales Ratio	19.49	41.53	15.06	42.85	51.19
EV/EBITDA Ratio	80.70	—	38.19	—	—
EV/EBIT Ratio	—	—	95.90	—	—
EV/FCF Ratio	-108.45	—	—	—	140.44
Leverage & Capital
Debt / Equity Ratio	1.75	1.54	1.09	0.95	0.80
Debt / EBITDA Ratio	28.95	—	16.73	—	—
Debt / FCF Ratio	—	—	—	—	46.00
Net Debt / Equity Ratio	1.66	1.49	1.06	0.94	0.77
Net Debt / EBITDA Ratio	28.66	-39.45	16.74	-13.13	-16.62
Net Debt / FCF Ratio	-52.71	-15.89	-17.09	-27.26	44.23
Efficiency & Liquidity
Asset Turnover	0.06	0.03	0.07	0.02	0.02
Inventory Turnover	0.69	0.66	0.73	0.65	1.24
Quick Ratio	0.20	0.09	0.11	0.07	0.21
Current Ratio	0.38	0.21	0.22	0.18	0.36
Returns & Yields
Return on Equity (ROE)	-5.6%	-19.4%	-3.9%	-16.0%	-12.3%
Return on Assets (ROA)	+0.2%	-1.8%	+0.7%	-2.9%	-2.5%
Return on Invested Capital (ROIC)	+0.3%	-3.3%	+1.2%	-5.6%	-4.6%
Return on Capital Employed (ROCE)	+0.4%	-8.2%	+2.5%	-10.9%	-6.3%
Earnings Yield	-3.3%	-11.4%	-2.8%	-12.2%	-6.2%
FCF Yield	-1.8%	-5.0%	-4.4%	-2.4%	+1.0%
Buyback Yield / Dilution	—	—	0.0%	-22.5%	-8.9%

1-5

	CurrentMar 10, 2026	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Market & Price
Market Capitalization	8.67B	9.92B	9.01B	9.45B	13.53B
Market Cap Growth	+4.6%	+10.1%	-4.7%	-30.2%	+72.9%
Enterprise Value	16.87B	17.69B	15.53B	15.56B	19.05B
Last Close Price	9.82	18.95	17.22	18.06	25.86
Valuation Multiples
Forward PE (Next 12M Est.)	—	22.44	22.44	22.44	22.44
PEG Ratio	—	1.37	1.37	1.37	1.37
PS Ratio	10.02	23.28	8.74	26.02	36.37
PB Ratio	1.75	1.88	1.41	1.42	1.74
P/TBV Ratio	1.75	1.88	1.41	1.42	1.74
P/FCF Ratio	—	—	—	—	99.78
P/OCF Ratio	—	—	—	—	94.69
EV/Sales Ratio	19.49	41.53	15.06	42.85	51.19
EV/EBITDA Ratio	80.70	—	38.19	—	—
EV/EBIT Ratio	—	—	95.90	—	—
EV/FCF Ratio	-108.45	—	—	—	140.44
Leverage & Capital
Debt / Equity Ratio	1.75	1.54	1.09	0.95	0.80
Debt / EBITDA Ratio	28.95	—	16.73	—	—
Debt / FCF Ratio	—	—	—	—	46.00
Net Debt / Equity Ratio	1.66	1.49	1.06	0.94	0.77
Net Debt / EBITDA Ratio	28.66	-39.45	16.74	-13.13	-16.62
Net Debt / FCF Ratio	-52.71	-15.89	-17.09	-27.26	44.23
Efficiency & Liquidity
Asset Turnover	0.06	0.03	0.07	0.02	0.02
Inventory Turnover	0.69	0.66	0.73	0.65	1.24
Quick Ratio	0.20	0.09	0.11	0.07	0.21
Current Ratio	0.38	0.21	0.22	0.18	0.36
Returns & Yields
Return on Equity (ROE)	-5.6%	-19.4%	-3.9%	-16.0%	-12.3%
Return on Assets (ROA)	+0.2%	-1.8%	+0.7%	-2.9%	-2.5%
Return on Invested Capital (ROIC)	+0.3%	-3.3%	+1.2%	-5.6%	-4.6%
Return on Capital Employed (ROCE)	+0.4%	-8.2%	+2.5%	-10.9%	-6.3%
Earnings Yield	-3.3%	-11.4%	-2.8%	-12.2%	-6.2%
FCF Yield	-1.8%	-5.0%	-4.4%	-2.4%	+1.0%
Buyback Yield / Dilution	—	—	0.0%	-22.5%	-8.9%