Cash flow Deyaar Development

Stocks

DEYAAR

AED001001018

Real Estate Development & Operations

Market Closed - Dubai FM Other stock markets 14:59:02 12/06/2026 +04			5-day change	1st Jan Change
0.8210 ^AED	+4.06%		+1.73%	-19.51%

05-15	AlphaMena Reduces Deyaar Development's PT, Keeps at Add	MT
05-12	Abu Dhabi, Dubai Shares End Lower as Corporate Earnings Remain in Focus	MT

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Published financial data: DEYAAR DEVELOPMENT

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	497M	803M	1.25B	1.51B	1.97B
Total Revenues	497M	803M	1.25B	1.51B	1.97B
Cost of Goods Sold, Total	315M	531M	862M	1.01B	1.29B
Gross Profit	182M	272M	393M	505M	683M
Selling General & Admin Expenses, Total	161M	178M	225M	254M	327M
Provision for Bad Debts	-	-	-	-	-
Other Operating Expenses	-16.72M	-39.56M	-90.92M	-101M	-48.47M
Other Operating Expenses, Total	144M	139M	135M	153M	278M
Operating Income	37.69M	133M	258M	352M	405M
Interest Expense, Total	-31.92M	-36.09M	-59.81M	-42.98M	-57.76M
Interest And Investment Income	1.36M	3.49M	20.17M	36.53M	37.52M
Net Interest Expenses	-30.56M	-32.6M	-39.64M	-6.44M	-20.24M
Income (Loss) On Equity Invest.	54.34M	44.66M	63.21M	160M	199M
Other Non Operating Income (Expenses)	6.52M	-	-	-	-
EBT, Excl. Unusual Items	67.99M	145M	282M	505M	584M
Gain (Loss) On Sale Of Investments	-3.9M	-	-	-	-
Asset Writedown	7.66M	-	159M	-	54.34M
Legal Settlements	-946K	-1.17M	-411K	-	-
Other Unusual Items	-20M	-	-	-	-
EBT, Incl. Unusual Items	50.8M	144M	441M	505M	638M
Income Tax Expense	-	-	-	31.5M	35.66M
Earnings From Continuing Operations	50.8M	144M	441M	474M	602M
Net Income to Company	50.8M	144M	441M	474M	602M
Minority Interest	-	-	-	104K	5.34M
Net Income - (IS)	50.8M	144M	441M	474M	608M
Net Income to Common Incl Extra Items	50.8M	144M	441M	474M	608M
Net Income to Common Excl. Extra Items	50.8M	144M	441M	474M	608M
Per Share Items
Net EPS - Basic	0.01	0.03	0.1	0.11	0.14
Basic EPS - Continuing Operations	0.01	0.03	0.1	0.11	0.14
Basic Weighted Average Shares Outstanding	4.38B	4.38B	4.38B	4.38B	4.38B
Net EPS - Diluted	0.01	0.03	0.1	0.11	0.14
Diluted EPS - Continuing Operations	0.01	0.03	0.1	0.11	0.14
Diluted Weighted Average Shares Outstanding	4.38B	4.38B	4.38B	4.38B	4.38B
Normalized Basic EPS	0.01	0.02	0.04	0.07	0.08
Normalized Diluted EPS	0.01	0.02	0.04	0.07	0.08
Dividend Per Share	-	-	0.04	0.05	-
Payout Ratio	-	-	-	-	36.01
Supplemental Items
EBITDA	51.22M	150M	275M	371M	424M
EBITA	37.69M	133M	258M	352M	405M
EBIT	37.69M	133M	258M	352M	405M
EBITDAR	52.14M	151M	276M	372M	426M
Effective Tax Rate - (Ratio)	-	-	-	6.23	5.59
Total Current Taxes	-	-	-	32.11M	-
Total Deferred Taxes	-	-	-	-609K	-
Normalized Net Income	42.49M	90.88M	176M	316M	370M
Interest Capitalized	-	-	-	-	-
Interest on Long-Term Debt	21.66M	10.8M	18.05M	19.02M	57.76M
Non-Cash Pension Expense	2.82M	3.44M	3.3M	3.69M	4.84M
Supplemental Operating Expense Items
General and Administrative Expenses	-	-	-	-	-
Net Rental Expense, Total	918K	1.31M	891K	693K	1.23M
Imputed Operating Lease Interest Expense	289K	438K	539K	423K	1.24M
Imputed Operating Lease Depreciation	629K	876K	352K	270K	-11.54K

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	464M	940M	1.33B	1.86B	2.21B
Total Cash And Short Term Investments	464M	940M	1.33B	1.86B	2.21B
Accounts Receivable, Total	809M	608M	766M	663M	903M
Other Receivables	76.46M	98.06M	74.27M	394M	25.99M
Total Receivables	885M	706M	840M	1.06B	929M
Inventory	1.52B	1.47B	1.02B	961M	1.09B
Prepaid Expenses	52.26M	98.9M	183M	-	9.04M
Deferred Tax Assets Current	-	-	-	609K	-
Other Current Assets, Total	60.09M	43.09M	88.85M	90M	295M
Total Current Assets	2.98B	3.25B	3.47B	3.97B	4.54B
Gross Property Plant And Equipment	701M	704M	695M	703M	725M
Accumulated Depreciation	-165M	-182M	-129M	-148M	-169M
Net Property Plant And Equipment	536M	521M	565M	556M	557M
Long-term Investments	1.37B	1.36B	1.37B	1.39B	1.5B
Accounts Receivable Long-Term	144M	276M	286M	153M	463M
Deferred Tax Assets Long-Term	-	-	-	-	6.6M
Other Long-Term Assets, Total	758M	763M	871M	883M	963M
Total Assets	5.79B	6.18B	6.56B	6.95B	8.03B
Liabilities
Accounts Payable, Total	120M	188M	547M	655M	945M
Accrued Expenses, Total	3.14M	9.25M	320K	196K	2.81M
Current Portion of Long-Term Debt	78.93M	99.25M	93.22M	60M	60M
Current Portion of Leases	-	-	-	5.15M	21.01M
Current Income Taxes Payable	-	-	-	32.11M	57.89M
Unearned Revenue Current, Total	142M	174M	375M	428M	793M
Other Current Liabilities	350M	336M	22.87M	37.64M	47.52M
Total Current Liabilities	694M	806M	1.04B	1.22B	1.93B
Long-Term Debt	716M	838M	551M	415M	344M
Long-Term Leases	-	-	-	523K	10.01M
Unearned Revenue Non Current	-	-	-	-	-
Pension & Other Post Retirement Benefits	15.1M	16.07M	15.6M	17.52M	17.67M
Deferred Tax Liability Non Current	-	-	-	-	10.06M
Other Non Current Liabilities	4.27M	13.41M	22.33M	31.19M	48.71M
Total Liabilities	1.43B	1.67B	1.63B	1.68B	2.36B
Common Stock, Total	5.78B	4.38B	4.38B	4.38B	4.38B
Retained Earnings	-1.4B	141M	578M	871M	1.26B
Comprehensive Income and Other	-13.87M	-14.44M	-15.3M	-9.36M	-6.27M
Total Common Equity	4.36B	4.5B	4.94B	5.24B	5.63B
Minority Interest	-	-	-	27.38M	41.19M
Total Equity	4.36B	4.5B	4.94B	5.26B	5.67B
Total Liabilities And Equity	5.79B	6.18B	6.56B	6.95B	8.03B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	4.38B	4.38B	4.38B	4.38B	4.38B
ECS Total Common Shares Outstanding	4.38B	4.38B	4.38B	4.38B	4.38B
Book Value / Share	1	1.03	1.13	1.2	1.29
Tangible Book Value	4.36B	4.5B	4.94B	5.24B	5.63B
Tangible Book Value Per Share	1	1.03	1.13	1.2	1.29
Total Debt	795M	938M	644M	481M	435M
Net Debt	332M	-2.4M	-688M	-1.38B	-1.78B
Debt Equivalent Oper. Leases	7.34M	10.51M	7.13M	5.54M	9.85M
Minority Interest, Total (Incl. Fin. Div)	-	-	-	27.38M	41.19M
Equity Method Investments, Total	1.36B	1.36B	1.37B	1.38B	1.49B
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Raw Materials, Total	689M	694M	471M	549M	377M
Inventories - Work In Process, Total	499M	469M	303M	262M	605M
Inventories - Finished Goods, Total	333M	301M	245M	146M	107M
Inventories - Others	2.43M	3.04M	5.91M	4.47M	2.01M
Land - (BS)	580M	577M	563M	563M	561M
Buildings, Total	-	-	-	-	-
Machinery, Total	116M	122M	123M	129M	135M
Accumulated Allowance for Doubtful Accounts (Supple)	154M	155M	120M	1.38M	18K

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	50.8M	144M	441M	474M	608M
Depreciation & Amortization - CF	13.53M	16.72M	17.11M	21.99M	25.15M
Depreciation & Amortization, Total	13.53M	16.72M	17.11M	21.99M	25.15M
(Gain) Loss From Sale Of Asset	-	-	-	-	4K
(Gain) Loss on Sale of Investments - (CF)	3.9M	-	-	-	-
Asset Writedown & Restructuring Costs	-7.66M	-	-159M	-	-54.34M
(Income) Loss On Equity Investments - (CF)	-54.34M	-44.1M	-61.8M	-158M	-199M
Provision and Write-off of Bad Debts	-839K	354K	4.18M	6.51M	81.02M
Other Operating Activities, Total	40.14M	28.22M	-13.88M	33.55M	28.64M
Change In Accounts Receivable	-164M	-51.12M	-220M	-162M	-560M
Change In Inventories	-16.06M	63.62M	424M	125M	-3.53M
Change In Accounts Payable	66.85M	48.69M	121M	-95.04M	403M
Change in Other Net Operating Assets	160M	110M	138M	334M	398M
Cash from Operations	91.91M	317M	689M	580M	727M
Capital Expenditure	-1.61M	-6.06M	-7.53M	-9.06M	-10.21M
Sale (Purchase) of Real Estate properties	-1.13M	-1.36M	-719K	-8.6M	-924K
Investment in Marketable and Equity Securities, Total	38.22M	-149M	-55M	261M	125M
Other Investing Activities, Total	14.54M	23.47M	17.84M	86.45M	117M
Cash from Investing	50.02M	-132M	-45.4M	330M	231M
Long-Term Debt Issued, Total	626M	416M	105M	3.3M	24.32M
Total Debt Issued	626M	416M	105M	3.3M	24.32M
Long-Term Debt Repaid, Total	-658M	-274M	-398M	-172M	-116M
Total Debt Repaid	-658M	-274M	-398M	-172M	-116M
Common Dividends Paid	-	-	-	-	-219M
Common & Preferred Stock Dividends Paid	-	-	-	-	-219M
Other Financing Activities, Total	-32.9M	-29.93M	-62.18M	-45.38M	-56.42M
Cash from Financing	-64.22M	112M	-355M	-214M	-367M
Miscellaneous Cash Flow Adjustments	9K	-66K	-639K	-	-
Net Change in Cash	77.72M	297M	288M	695M	590M
Supplemental Items
Cash Interest Paid	32.9M	29.93M	62.18M	45.38M	56.42M
Cash Income Tax Paid (Refund)	-	-	-	-	6.69M
Levered Free Cash Flow	12.63M	369M	558M	443M	750M
Unlevered Free Cash Flow	32.58M	392M	595M	470M	786M
Change In Net Working Capital	2.89M	-298M	-424M	-237M	-519M
Net Debt Issued / Repaid	-31.32M	142M	-293M	-169M	-92.17M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	0.41	1.39	2.53	3.26	3.4
Return on Total Capital	0.46	1.57	2.93	3.88	4.27
Return On Equity %	1.17	3.25	9.34	9.29	11.01
Return on Common Equity	1.17	3.25	9.34	9.32	11.18
Margin Analysis
Gross Profit Margin %	36.6	33.87	31.3	33.41	34.63
SG&A Margin	32.38	22.19	17.97	16.81	16.57
EBITDA Margin %	10.31	18.68	21.94	24.51	21.52
EBITA Margin %	7.58	16.6	20.58	23.26	20.52
EBIT Margin %	7.58	16.6	20.58	23.26	20.52
Income From Continuing Operations Margin %	10.22	17.95	35.14	31.33	30.54
Net Income Margin %	10.22	17.95	35.14	31.33	30.81
Net Avail. For Common Margin %	10.22	17.95	35.14	31.33	30.81
Normalized Net Income Margin	8.55	11.31	14.04	20.89	18.76
Levered Free Cash Flow Margin	2.54	45.98	44.47	29.32	38.05
Unlevered Free Cash Flow Margin	6.56	48.78	47.45	31.09	39.88
Asset Turnover
Asset Turnover	0.09	0.13	0.2	0.22	0.27
Fixed Assets Turnover	0.91	1.52	2.31	2.7	3.55
Receivables Turnover (Average Receivables)	0.59	1.13	1.78	2.12	2.64
Inventory Turnover (Average Inventory)	0.22	0.36	0.69	1.01	1.26
Short Term Liquidity
Current Ratio	4.3	4.04	3.34	3.26	2.35
Quick Ratio	1.94	2.04	2.09	2.39	1.63
Operating Cash Flow to Current Liabilities	0.13	0.39	0.66	0.48	0.38
Days Sales Outstanding (Average Receivables)	619.29	321.8	205.05	172.83	138.25
Days Outstanding Inventory (Average Inventory)	1.66K	1.03K	527.58	360.64	290.43
Average Days Payable Outstanding	85.81	118.33	312.13	233.12	190.92
Cash Conversion Cycle (Average Days)	2.19K	1.23K	420.5	300.35	237.76
Long Term Solvency
Total Debt/Equity	18.23	20.82	13.05	9.14	7.67
Total Debt / Total Capital	15.42	17.23	11.54	8.37	7.12
LT Debt/Equity	16.42	18.62	11.16	7.9	6.24
Long-Term Debt / Total Capital	13.89	15.41	9.87	7.24	5.8
Total Liabilities / Total Assets	24.68	27.1	24.78	24.22	29.36
EBIT / Interest Expense	1.18	3.7	4.32	8.19	7.01
EBITDA / Interest Expense	1.6	4.16	4.6	8.7	7.44
(EBITDA - Capex) / Interest Expense	1.55	3.99	4.48	8.49	7.26
Total Debt / EBITDA	15.53	6.25	2.34	1.29	1.01
Net Debt / EBITDA	6.48	-0.02	-2.5	-3.68	-4.13
Total Debt / (EBITDA - Capex)	16.03	6.51	2.41	1.32	1.04
Net Debt / (EBITDA - Capex)	6.69	-0.02	-2.57	-3.78	-4.23
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	20.37	61.67	56.12	20.61	30.36
Gross Profit, 1 Yr. Growth %	19.54	49.58	44.3	30.89	55.22
EBITDA, 1 Yr. Growth %	-12.83	178.73	83.4	37.97	13.47
EBITA, 1 Yr. Growth %	3.23	230.78	93.57	39.85	13.96
EBIT, 1 Yr. Growth %	3.23	230.78	93.57	39.85	13.96
Earnings From Cont. Operations, 1 Yr. Growth %	-123.42	183.92	205.55	7.53	27.07
Net Income, 1 Yr. Growth %	-123.42	183.92	205.55	7.56	28.17
Normalized Net Income, 1 Yr. Growth %	132.29	126.88	93.72	83.7	16.84
Diluted EPS Before Extra, 1 Yr. Growth %	-123.42	183.93	205.55	7.56	28.17
Accounts Receivable, 1 Yr. Growth %	-7.88	-24.8	18.99	-13.42	52.69
Inventory, 1 Yr. Growth %	13.92	-3.72	-30.12	-6.26	13.59
Net Property, Plant and Equip., 1 Yr. Growth %	-3.44	-2.66	8.39	-1.72	0.23
Total Assets, 1 Yr. Growth %	3.69	6.65	6.47	5.83	17.48
Tangible Book Value, 1 Yr. Growth %	1.16	3.22	9.68	6.06	7.48
Common Equity, 1 Yr. Growth %	1.16	3.22	9.68	6.06	7.48
Cash From Operations, 1 Yr. Growth %	-24.14	235.47	117.34	-15.83	-2.62
Capital Expenditures, 1 Yr. Growth %	-63.37	275.81	24.3	20.29	7.94
Levered Free Cash Flow, 1 Yr. Growth %	-95.73	2.49K	54.95	-19.92	86.7
Unlevered Free Cash Flow, 1 Yr. Growth %	-89.78	1.05K	55.59	-20.44	83.42
Dividend Per Share, 1 Yr. Growth %	-	-	-	25	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-9.27	39.5	58.87	37.22	25.39
Gross Profit, 2 Yr. CAGR %	-6	33.72	46.92	36.29	32.98
EBITDA, 2 Yr. CAGR %	-13.88	59.82	126.1	57.2	25.66
EBITA, 2 Yr. CAGR %	-17.18	91.1	153.04	62.46	26.81
EBIT, 2 Yr. CAGR %	-17.18	91.1	153.04	62.46	26.81
Earnings From Cont. Operations, 2 Yr. CAGR %	-15.73	-18.46	194.54	81.26	16.89
Net Income, 2 Yr. CAGR %	-15.73	-18.46	194.54	81.28	17.41
Normalized Net Income, 2 Yr. CAGR %	16.87	122.89	109.64	86.47	46.67
Diluted EPS Before Extra, 2 Yr. CAGR %	-15.73	-18.46	194.54	81.28	17.41
Accounts Receivable, 2 Yr. CAGR %	-26.17	-16.77	-2.68	1.5	8.58
Inventory, 2 Yr. CAGR %	8.94	4.73	-17.98	-19.06	3.19
Net Property, Plant and Equip., 2 Yr. CAGR %	-25.63	-3.05	2.72	3.21	-0.75
Total Assets, 2 Yr. CAGR %	-3.67	5.16	6.47	6.15	10.58
Tangible Book Value, 2 Yr. CAGR %	-1.96	2.19	6.4	7.86	6.77
Common Equity, 2 Yr. CAGR %	-1.96	2.19	6.4	7.86	6.77
Cash From Operations, 2 Yr. CAGR %	67.64	61.78	170.02	35.19	2.74
Capital Expenditures, 2 Yr. CAGR %	-88.07	17.32	116.13	22.28	16.43
Levered Free Cash Flow, 2 Yr. CAGR %	-41.11	11.75	525.26	10.99	16.4
Unlevered Free Cash Flow, 2 Yr. CAGR %	-23.24	10.87	317.06	10.88	15.34
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-8.26	9.99	44.83	44.93	34.9
Gross Profit, 3 Yr. CAGR %	-3.05	9.75	37.16	40.59	35.9
EBITDA, 3 Yr. CAGR %	-7.81	29.52	67.32	90.26	41.41
EBITA, 3 Yr. CAGR %	-13.91	34.38	91.92	105.91	44.78
EBIT, 3 Yr. CAGR %	-13.91	34.38	91.92	105.91	44.78
Earnings From Cont. Operations, 3 Yr. CAGR %	-28.7	26.33	26.65	110.51	61.02
Net Income, 3 Yr. CAGR %	-28.7	26.33	26.65	110.53	61.5
Normalized Net Income, 3 Yr. CAGR %	-21.6	42.95	112.71	99.07	59.68
Diluted EPS Before Extra, 3 Yr. CAGR %	-28.7	26.33	26.65	110.53	61.5
Accounts Receivable, 3 Yr. CAGR %	-17.77	-25.72	-4.45	-6.4	11.94
Inventory, 3 Yr. CAGR %	2.89	4.54	-8.49	-14.24	-9.38
Net Property, Plant and Equip., 3 Yr. CAGR %	-9.85	-18.64	0.62	1.22	2.21
Total Assets, 3 Yr. CAGR %	-2.26	-0.35	5.54	6.25	9.19
Tangible Book Value, 3 Yr. CAGR %	-0.85	-0.26	4.62	6.29	7.73
Common Equity, 3 Yr. CAGR %	-0.85	-0.26	4.62	6.29	7.73
Cash From Operations, 3 Yr. CAGR %	-4.11	113.25	78.51	83.02	31.85
Capital Expenditures, 3 Yr. CAGR %	-79.67	-62.32	19.6	77.78	18.99
Levered Free Cash Flow, 3 Yr. CAGR %	-68.52	116.47	23.55	214.41	27.74
Unlevered Free Cash Flow, 3 Yr. CAGR %	-57.35	92.09	23.13	139.54	27.15
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	3.02	1.34	14.27	20.17	36.72
Gross Profit, 5 Yr. CAGR %	2.67	1.96	14.49	19.68	35.02
EBITDA, 5 Yr. CAGR %	-2.77	0.76	33.31	39.95	48.5
EBITA, 5 Yr. CAGR %	-7.27	-0.7	34.3	44.97	61.78
EBIT, 5 Yr. CAGR %	-7.27	-0.7	34.3	44.97	61.78
Earnings From Cont. Operations, 5 Yr. CAGR %	-25.14	2.03	25.75	45.96	22.66
Net Income, 5 Yr. CAGR %	-25.14	2.03	25.75	45.97	22.87
Normalized Net Income, 5 Yr. CAGR %	5.41	1.43	14.83	58.98	82.47
Diluted EPS Before Extra, 5 Yr. CAGR %	-25.14	2.03	25.75	45.97	22.87
Accounts Receivable, 5 Yr. CAGR %	-17.62	-23.16	-12.04	-14.88	0.56
Inventory, 5 Yr. CAGR %	9.69	3.46	-6.03	-5.63	-3.98
Net Property, Plant and Equip., 5 Yr. CAGR %	9.27	-1.05	-5.02	-10.52	0.07
Total Assets, 5 Yr. CAGR %	-1.4	-1.13	1.14	2.17	7.52
Tangible Book Value, 5 Yr. CAGR %	-2.19	-2.07	1.99	2.91	5.48
Common Equity, 5 Yr. CAGR %	-2.19	-2.07	1.99	2.91	5.48
Cash From Operations, 5 Yr. CAGR %	6.88	0.22	45.91	77.71	43.1
Capital Expenditures, 5 Yr. CAGR %	-51.96	-49.33	-47.66	-39.66	18.32
Levered Free Cash Flow, 5 Yr. CAGR %	-43.24	-11.72	6.62	64.86	20.46
Unlevered Free Cash Flow, 5 Yr. CAGR %	-30.59	-10.35	7.22	53.44	19.79