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Dubai Electricity and Water Authority (PJSC)DFM:DEWA Stock Report

Market Cap د.إ136.5b
Share Price
د.إ2.73
د.إ3.13
12.7% undervalued intrinsic discount
1Y0%
7D4.6%
1D
Portfolio Value
View

Dubai Electricity and Water Authority (PJSC)

DFM:DEWA Stock Report

Market Cap: د.إ136.5b

Dubai Electricity and Water Authority (PJSC) (DEWA) Stock Overview

Generates, transmits, and distributes electricity for residential, commercial, industrial, and government customers primarily in Dubai. More details

DEWA fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health3/6
Dividends3/6

DEWA Community Fair Values

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See what 40 others think this stock is worth. Follow their fair value or set your own to get alerts.

Dubai Electricity and Water Authority (PJSC) Competitors

Price History & Performance

Summary of share price highs, lows and changes for Dubai Electricity and Water Authority (PJSC)
Historical stock prices
Current Share Priceد.إ2.73
52 Week Highد.إ3.15
52 Week Lowد.إ2.47
Beta0.21
1 Month Change-1.09%
3 Month Change2.63%
1 Year Change0%
3 Year Change3.80%
5 Year Changen/a
Change since IPO-4.88%

Recent News & Updates

Analysis Article May 15

Dubai Electricity and Water Authority (PJSC) Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Dubai Electricity and Water Authority (PJSC) ( DFM:DEWA ) just released its latest first-quarter results and things are...

Recent updates

Analysis Article May 15

Dubai Electricity and Water Authority (PJSC) Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Dubai Electricity and Water Authority (PJSC) ( DFM:DEWA ) just released its latest first-quarter results and things are...
Analysis Article Feb 02

The Return Trends At Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Look Promising

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Nov 15

Results: Dubai Electricity and Water Authority (PJSC) Exceeded Expectations And The Consensus Has Updated Its Estimates

Dubai Electricity and Water Authority (PJSC) ( DFM:DEWA ) came out with its quarterly results last week, and we wanted...
Analysis Article Nov 07

There's Reason For Concern Over Dubai Electricity and Water Authority (PJSC)'s (DFM:DEWA) Price

With a price-to-earnings (or "P/E") ratio of 18.9x Dubai Electricity and Water Authority (PJSC) ( DFM:DEWA ) may be...
Analysis Article Sep 03

Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Has Announced A Dividend Of AED0.062

The board of Dubai Electricity and Water Authority (PJSC) ( DFM:DEWA ) has announced that it will pay a dividend on the...
Analysis Article Aug 12

Dubai Electricity and Water Authority (PJSC) Just Beat Revenue Estimates By 5.4%

DFM:DEWA 1 Year Share Price vs Fair Value Explore Dubai Electricity and Water Authority (PJSC)'s Fair Values from the...
Analysis Article Jul 08

Some Confidence Is Lacking In Dubai Electricity and Water Authority (PJSC)'s (DFM:DEWA) P/E

When close to half the companies in the United Arab Emirates have price-to-earnings ratios (or "P/E's") below 12x, you...

Shareholder Returns

DEWAAE Integrated UtilitiesAE Market
7D4.6%-0.7%2.1%
1Y0%-18.7%-0.1%

Return vs Industry: DEWA exceeded the AE Integrated Utilities industry which returned -20.3% over the past year.

Return vs Market: DEWA exceeded the AE Market which returned -4.4% over the past year.

Price Volatility

Is DEWA's price volatile compared to industry and market?
DEWA volatility
DEWA Average Weekly Movement3.9%
Integrated Utilities Industry Average Movement5.3%
Market Average Movement5.3%
10% most volatile stocks in AE Market7.7%
10% least volatile stocks in AE Market3.2%

Stable Share Price: DEWA has not had significant price volatility in the past 3 months compared to the AE market.

Volatility Over Time: DEWA's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1959n/aSaeed Mohammed Al Tayerwww.dewa.gov.ae

Dubai Electricity and Water Authority (PJSC) generates, transmits, and distributes electricity for residential, commercial, industrial, and government customers primarily in Dubai. The company operates through four segments: DEWA, EMPOWER, IWPP, and Others. It is involved in the water desalination, transmission, and distribution business; provision of district cooling; maintenance of central cooling plants; manufacture and sale of insulated pipes; development, operation, and maintenance of power and water plants under the independent water and power producer (IWPP) model; and purification and sale of potable water.

Dubai Electricity and Water Authority (PJSC) Fundamentals Summary

How do Dubai Electricity and Water Authority (PJSC)'s earnings and revenue compare to its market cap?
DEWA fundamental statistics
Market capد.إ136.50b
Earnings (TTM)د.إ8.75b
Revenue (TTM)د.إ33.33b
15.6x
P/E Ratio
4.1x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DEWA income statement (TTM)
Revenueد.إ33.33b
Cost of Revenueد.إ20.09b
Gross Profitد.إ13.24b
Other Expensesد.إ4.48b
Earningsد.إ8.75b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.18
Gross Margin39.71%
Net Profit Margin26.26%
Debt/Equity Ratio46.8%

How did DEWA perform over the long term?

See historical performance and comparison

Dividends

4.5%
Current Dividend Yield
71%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/12 16:20
End of Day Share Price 2026/06/12 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Dubai Electricity and Water Authority (PJSC) is covered by 16 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nour SherifArqaam Capital Research Offshore S.A.L.
Soha SaniourArqaam Capital Research Offshore S.A.L.
Abdessamad RaghibiBernstein