Valuation: Dubai Electricity and Water Authority

Capitalization 16TCr 4.26TCr 3.58TCr 3.26TCr 3.12TCr 5.77TCr 3,85800Cr 6.03TCr 38TCr 15TCr 1,85900Cr 16TCr 6,57000Cr P/E ratio 2025
16.5x
P/E ratio 2026 * 18.9x
Enterprise value 19TCr 5.04TCr 4.23TCr 3.86TCr 3.69TCr 6.82TCr 4,56300Cr 7.12TCr 45TCr 18TCr 2,19800Cr 19TCr 7,76900Cr EV / Sales 2025
4.22x
EV / Sales 2026 * 5.36x
Free-Float
18%
Yield 2025 *
3.96%
Yield 2026 * 4.04%
1 week+2.29%
Current month+3.64%
1 month+9.82%
3 months+12.19%
6 months+14.23%
Current year+13.00%
1 week 3.07
Extreme 3.07
3.14
1 month 2.81
Extreme 2.81
3.15
Current year 2.76
Extreme 2.76
3.15
1 year 2.2
Extreme 2.2
3.15
3 years 2.2
Extreme 2.2
3.15
5 years 2.2
Extreme 2.2
3.15
10 years 2.2
Extreme 2.2
3.15
Manager TitleAgeSince
Chief Executive Officer - 01/01/2004
Corporate Officer/Principal - -
Treasurer - 13/04/2010
Director TitleAgeSince
Director/Board Member - 01/01/2004
Chairman - 01/01/2004
Director/Board Member - 01/01/2003
Change 5d. change 1-year change 3-years change Capi.($)
0.00%+2.29%+18.11%+28.28% 4.25TCr
0.00%+7.85%+2.27%+0.64% 9.64TCr
+0.47%+4.15%+31.51%+25.32% 8.74TCr
-0.19%+4.11%+64.61%+99.46% 7.55TCr
+2.54%+4.04%+9.42%+17.44% 5.71TCr
-0.67%+0.20%+53.61%+79.40% 5.59TCr
-0.11%+0.11%+86.74%+33.52% 4.54TCr
+2.49%+3.60%-0.53%+39.69% 4.05TCr
-2.30%-3.13%-53.79%+26.95% 3.82TCr
+1.46%+3.30%+8.95%+26.35% 2.82TCr
Average +0.37%+1.66%+22.09%+37.70% 5.67TCr
Weighted average by Cap. +0.32%+2.19%+25.16%+37.60%

Financials

2025 2026 *
Net sales 3.3TCr 897.56Cr 754.22Cr 687.65Cr 656.65Cr 1.22TCr 81TCr 1.27TCr 7.98TCr 3.18TCr 39TCr 3.37TCr 1,38400Cr 3.45TCr 938.38Cr 788.52Cr 718.92Cr 686.51Cr 1.27TCr 85TCr 1.33TCr 8.35TCr 3.32TCr 41TCr 3.52TCr 1,44700Cr
Net income 813.08Cr 221.35Cr 186Cr 169.58Cr 161.94Cr 299.64Cr 20TCr 313.03Cr 1.97TCr 784.3Cr 9.66TCr 830.28Cr 34TCr 813.1Cr 221.35Cr 186Cr 169.59Cr 161.94Cr 299.65Cr 20TCr 313.04Cr 1.97TCr 784.32Cr 9.66TCr 830.3Cr 34TCr
Net Debt 2.86TCr 777.65Cr 653.46Cr 595.78Cr 568.92Cr 1.05TCr 70TCr 1.1TCr 6.92TCr 2.76TCr 34TCr 2.92TCr 1,19900Cr 2.84TCr 772.96Cr 649.52Cr 592.19Cr 565.49Cr 1.05TCr 70TCr 1.09TCr 6.87TCr 2.74TCr 34TCr 2.9TCr 1,19200Cr
Logo Dubai Electricity and Water Authority
Dubai Electricity and Water Authority PJSC is a United Arab Emirates-based utility services provider. The Company distributes electricity and water and serves residential and commercial customers in the United Arab Emirates. The principal activities of the Company comprise water desalination, and distribution and the generation, transmission, and distribution of the electricity throughout the emirates of Dubai. The Company’s power generation and desalination stations include Jebel Ali Gas Power & Desalination Station E; Jebel Ali Gas Power & Desalination Station G; Jebel Ali Power & Desalination Station K; Jebel Ali Power Desalination Station L; Jebel Ali Power & Desalination Station M, and Jebel Ali Power and Desalination Complex, among others. The Company’s subsidiaries include Al Ethihad Energy Services Company LLC, Jumeriah Energy International Holding LLC, and Mai Dubai LLC, among others.
Employees
11,206
Date Price Change Volume
10/26/10 3.130 AED +0.32% 68,20,188
09/26/09 3.120 AED +0.32% 95,34,171
06/26/06 3.110 AED +1.30% 45,14,343
05/26/05 3.070 AED -0.97% 63,11,652
04/26/04 3.100 AED +0.98% 47,18,887
Trader
Investor
Global
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
13
Last Close Price
3.130AED
Average target price
3.178AED
Spread / Average Target
+1.55%

Quarterly revenue - Rate of surprise