AED 14.65
Key Takeaways
Risk factor
Low price volatility
Profitability factor
Very strong margins and returns
About
Emaar Development PJSC, together with its subsidiaries, develops and sells residential and commercial build-to-sell properties in the United Arab Emirates. The company also provides development management services. In addition, it engages in buying and selling real estate and land; leasing and managing self-owned properties; and investing in commercial enterprises and management. The company was formerly...
Company Valuation
From both historical and forecast perspectives, the stock is underpriced compared to similar stocks. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBITDA,
Target Price
The average target price of EMAARDEV.AE is 16 and suggests 12% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommenda