Latest news with #EmaarDevelopmentPJSC
Mid East Info
08-05-2025
- Business
- Mid East Info
Emaar Development records 28% growth in Property Sales reaching to AED 16.5 billion (US$ 4.5 billion); Backlog crosses AED 100 billion (US$ 27 billion)
Emaar Development's Revenue increased by 43% to AED 5 billion (US$ 1.4 billion) EBITDA increased by 48% to AED 2.5 billion (US$ 683 million), EBITDA margin of 50%. Net Profit before tax increased by 49% to AED 2.8 billion (US$ 753 million); a net margin of 55%. Dubai, United Arab Emirates – May 2025: Emaar Development PJSC (DFM: EMAARDEV), the UAE's premier property development company specialising in the build-to-sell property development business, and a majority-owned subsidiary of Emaar Properties PJSC (DFM: EMAAR), achieved robust results in Q1 2025 (January to March), reflecting its commitment to operational excellence, innovation, and customer satisfaction. Key Highlights of the Results: Sales Growth: Emaar Development achieved property sales of AED 16.5 billion (US$ 4.5 billion); an increase of 28% over Q1 2024 sales of AED 12.9 billion (US$ 3.5 billion). The success of 12 projects launches across all the masterplans during Q1 2025 further underscores Emaar's market leadership and positions the company for sustained future growth. Backlog Growth: Enhanced by record sales during Q1 2025, revenue backlog reached to AED 100.1 billion (US$ 27.3 billion) as of 31 March 2025; an increase of 52% from Q1 2024 indicating a significant increase in revenue in the forthcoming years. Revenue Growth: Emaar Development recorded Revenue of AED 5 billion (US$ 1.4 billion) in Q1 2025, a 43% increase compared to Q1 2024. Profitability: The company recorded Net Profit (before tax) of AED 2.8 billion (US$ 753 million) ; an increase of 49% as compared to Q1 2024. ; an increase of 49% as compared to Q1 2024. Customer Satisfaction: Emaar remains focused on delivering high-quality services, ensuring strong customer satisfaction and fostering lasting relationships. Sustainability: The company continues to implement sustainable practices in resource use, waste management, and environmental stewardship. Mohamed Alabbar, founder of Emaar, stated: 'The results we've achieved in Q1 2025 underscore our bold approach to redefining the future of real estate. This is not just about financial growth—it's about reshaping the way people experience living, working, and thriving in our communities. Our focus on long-term sustainability, cutting-edge design, and seamless customer experiences has allowed us to stay ahead of the curve, even in a rapidly changing market.' He added: 'Looking ahead, we are more committed than ever to fostering innovation in every aspect of our business. Our success in this first quarter is just the beginning, and we are ready to set new benchmarks in quality, connectivity, and community development, ensuring that Emaar continues to play a transformative role in Dubai's vision for the future.' About Emaar Development PJSC: Emaar Development is a developer of prime residential and commercial build-to-sell (BTS) assets in the UAE. The company is behind iconic freehold master-planned communities in Dubai, including Emirates Living, Downtown Dubai, Dubai Marina, Arabian Ranches, Dubai Creek Harbour, Dubai Hills Estate, Emaar South, Rashid Yachts & Marina, The Valley and The Oasis. It has delivered 76,000 residential units since 2002. The company has a sales backlog of over AED 100 billion. It is a high cash flow generating business, highlighting the company's robust fundamentals with over 43,500 residential units under development to be delivered.
Yahoo
02-05-2025
- Business
- Yahoo
Undervalued Global Stocks Estimated Below Intrinsic Value In May 2025
As global markets show signs of easing trade tensions and a mixed economic landscape, investors are keenly observing opportunities amid fluctuating indices. With U.S. equities rebounding and European stocks gaining ground, the focus shifts to identifying undervalued stocks that may be trading below their intrinsic value. In such an environment, a good stock is often characterized by strong fundamentals and resilience in the face of economic uncertainties, making it a potential candidate for those seeking value investments amidst current market conditions. Name Current Price Fair Value (Est) Discount (Est) Maire (BIT:MAIRE) €9.50 €18.76 49.4% Pegasus (TSE:6262) ¥465.00 ¥918.01 49.3% Bethel Automotive Safety Systems (SHSE:603596) CN¥57.62 CN¥114.61 49.7% LPP (WSE:LPP) PLN15400.00 PLN30331.05 49.2% Stille (OM:STIL) SEK186.00 SEK368.43 49.5% World Fitness Services (TWSE:2762) NT$82.40 NT$163.77 49.7% Beijing Zhong Ke San Huan High-Tech (SZSE:000970) CN¥10.50 CN¥20.76 49.4% China Ruyi Holdings (SEHK:136) HK$2.04 HK$4.06 49.8% (BIT:EXAI) €1.31 €2.58 49.3% Bactiguard Holding (OM:BACTI B) SEK31.70 SEK62.33 49.1% Click here to see the full list of 463 stocks from our Undervalued Global Stocks Based On Cash Flows screener. Here's a peek at a few of the choices from the screener. Overview: Emaar Development PJSC, along with its subsidiaries, focuses on developing and selling residential and commercial build-to-sell properties in the United Arab Emirates, with a market capitalization of AED52.80 billion. Operations: The company generates revenue of AED19.15 billion from its real estate development business in the United Arab Emirates. Estimated Discount To Fair Value: 35.5% Emaar Development PJSC is trading at AED13.2, significantly below its estimated fair value of AED20.47, suggesting it may be undervalued based on cash flows. The company reported robust growth with sales reaching AED19.15 billion and net income at AED7.63 billion for 2024, reflecting strong revenue growth forecasts of 20.4% annually, outpacing the market's 7%. Despite an unstable dividend track record, its earnings are expected to grow faster than the market average. In light of our recent growth report, it seems possible that Emaar Development PJSC's financial performance will exceed current levels. Click here and access our complete balance sheet health report to understand the dynamics of Emaar Development PJSC. Overview: Delton Technology (Guangzhou) Inc. is engaged in the research, development, production, and sale of printed circuit boards both in China and internationally, with a market cap of CN¥20.40 billion. Operations: The company's revenue segments include the research, development, production, and sale of printed circuit boards both domestically and internationally. Estimated Discount To Fair Value: 31.4% Delton Technology (Guangzhou) Inc. is trading at CN¥47.98, which is 31.4% below its estimated fair value of CN¥69.94, highlighting potential undervaluation based on cash flows. The company reported strong revenue growth with sales reaching CNY 1.12 billion in Q1 2025, up from CNY 784.36 million a year ago, and net income increasing to CNY 240.37 million from CNY 145.09 million, despite non-cash earnings impacting quality assessments. The growth report we've compiled suggests that Delton Technology (Guangzhou)'s future prospects could be on the up. Delve into the full analysis health report here for a deeper understanding of Delton Technology (Guangzhou). Overview: DTS Corporation offers systems integration services in Japan and has a market capitalization of ¥165.02 billion. Operations: The company's revenue segments include systems integration services in Japan. Estimated Discount To Fair Value: 10.2% DTS Corporation is trading at ¥4,565, slightly below its estimated fair value of ¥5,085.79. Despite slower forecasted earnings growth compared to the market, DTS has implemented a share buyback program worth ¥2.5 billion to enhance shareholder returns and capital efficiency. The company is reorganizing for strategic growth in generative AI and sustainability sectors while maintaining a stable revenue forecast above the JP market average at 6.7% annually. Upon reviewing our latest growth report, DTS' projected financial performance appears quite optimistic. Unlock comprehensive insights into our analysis of DTS stock in this financial health report. Click here to access our complete index of 463 Undervalued Global Stocks Based On Cash Flows. Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes. Discover a world of investment opportunities with Simply Wall St's free app and access unparalleled stock analysis across all markets. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include DFM:EMAARDEV SZSE:001389 and TSE:9682. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Mid East Info
27-03-2025
- Business
- Mid East Info
Emaar Development Reports 2024 Financial Results at Annual General Meeting - Middle East Business News and Information
Emaar Development PJSC (DFM: EMAARDEV) today held its Annual General Meeting (AGM), where the Board of Directors reviewed the company's financial performance for 2024 and discussed its future growth strategy. During the AGM, shareholders approved the Board of Directors' proposal to distribute a dividend of AED 2.7 billion (US$ 740 million), representing 68% of the share capital. The Board's report on the company's activities and financial position, as well as the Auditor's report, were also approved. Emaar Development reported property sales of AED 65.4 billion (US$ 17.8 billion) in 2024, reflecting a 75% increase compared to the previous year. The company's revenue backlog reached AED 90.9 billion (US$ 24.7 billion), supporting future revenue growth. Total revenue for the year amounted to AED 19.1 billion (US$ 5.2 billion), up 61% from 2023, while net profit before tax increased by 20% to AED 10.2 billion (US$ 2.8 billion). Throughout 2024, Emaar Development launched 62 projects across its master plans, further strengthening its presence in the market and reinforcing its commitment to shaping high-quality communities. The company also acquired 141 million square feet of prime development land, with a total development value of AED 96 billion. Mohamed Alabbar, Founder of Emaar, commented: 'Our 2024 results are a testament to our focus on excellence, innovation, and customer satisfaction. Every project we launch is about more than just real estate—it's about building communities that enhance the lives of residents and contribute to Dubai's global appeal.' He added: 'By embracing technology and sustainability, we aim to redefine modern living while ensuring lasting value for our customers and stakeholders. Looking ahead to 2025, we will further strengthen our commitment to introducing new developments that align with our vision for sustainable urban growth, while supporting economic growth and nurturing the next generation of talent.' About Emaar Development PJSC: Emaar Development is a developer of prime residential and commercial build-to-sell (BTS) assets in the UAE. The company is behind iconic freehold master-planned communities in Dubai, including Emirates Living, Downtown Dubai, Dubai Marina, Arabian Ranches, Dubai Creek Harbour, Dubai Hills Estate, Emaar South, Rashid Yachts & Marina, The Valley and The Oasis. It has delivered 74,000+ residential units since 2002. The company has a sales backlog of over AED 90.9 billion. It is a high cash flow generating business, highlighting the company's robust fundamentals with over 42,000 residential units under development to be delivered.
Zawya
27-03-2025
- Business
- Zawya
Emaar Development reports 2024 financial results at Annual General Meeting
Dubai, United Arab Emirates – Emaar Development PJSC (DFM: EMAARDEV) today held its Annual General Meeting (AGM), where the Board of Directors reviewed the company's financial performance for 2024 and discussed its future growth strategy. During the AGM, shareholders approved the Board of Directors' proposal to distribute a dividend of AED 2.7 billion (US$ 740 million), representing 68% of the share capital. The Board's report on the company's activities and financial position, as well as the Auditor's report, were also approved. Emaar Development reported property sales of AED 65.4 billion (US$ 17.8 billion) in 2024, reflecting a 75% increase compared to the previous year. The company's revenue backlog reached AED 90.9 billion (US$ 24.7 billion), supporting future revenue growth. Total revenue for the year amounted to AED 19.1 billion (US$ 5.2 billion), up 61% from 2023, while net profit before tax increased by 20% to AED 10.2 billion (US$ 2.8 billion). Throughout 2024, Emaar Development launched 62 projects across its master plans, further strengthening its presence in the market and reinforcing its commitment to shaping high-quality communities. The company also acquired 141 million square feet of prime development land, with a total development value of AED 96 billion. Mohamed Alabbar, Founder of Emaar, commented: "Our 2024 results are a testament to our focus on excellence, innovation, and customer satisfaction. Every project we launch is about more than just real estate—it's about building communities that enhance the lives of residents and contribute to Dubai's global appeal." He added: "By embracing technology and sustainability, we aim to redefine modern living while ensuring lasting value for our customers and stakeholders. Looking ahead to 2025, we will further strengthen our commitment to introducing new developments that align with our vision for sustainable urban growth, while supporting economic growth and nurturing the next generation of talent." -Ends- About Emaar Development PJSC: Emaar Development is a developer of prime residential and commercial build-to-sell (BTS) assets in the UAE. The company is behind iconic freehold master-planned communities in Dubai, including Emirates Living, Downtown Dubai, Dubai Marina, Arabian Ranches, Dubai Creek Harbour, Dubai Hills Estate, Emaar South, Rashid Yachts & Marina, The Valley and The Oasis. It has delivered 74,000+ residential units since 2002. The company has a sales backlog of over AED 90.9 billion. It is a high cash flow generating business, highlighting the company's robust fundamentals with over 42,000 residential units under development to be delivered. For more information, please visit For more information and media queries: PR@
