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Emirati (ADX) Utilities Sector Analysis

UpdatedFeb 14, 2026
DataAggregated Company Financials
Companies4
  • 7D1.4%
  • 3M-5.8%
  • 1Y0.4%
  • YTD-3.2%

Over the last 7 days, the Utilities industry has risen 3.2%, driven by gains from Abu Dhabi National Energy Company PJSC of 1.7%. Despite this gain, the industry's performance has been flat over the past year. Looking forward, earnings are forecast to grow by 4.8% annually.

Sector Valuation and Performance

Has the Emirati Utilities Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 14 Feb 2026د.إ510.4bد.إ94.6bد.إ16.4b18.9x31.1x5.4x
Mon, 12 Jan 2026د.إ511.2bد.إ94.6bد.إ16.4b17.5x31.2x5.4x
Wed, 10 Dec 2025د.إ557.1bد.إ94.6bد.إ16.4b17x34x5.9x
Fri, 07 Nov 2025د.إ543.5bد.إ94.2bد.إ14.9b18.4x36.5x5.8x
Sun, 05 Oct 2025د.إ536.9bد.إ94.2bد.إ14.9b18.3x36.1x5.7x
Tue, 02 Sep 2025د.إ540.2bد.إ94.2bد.إ14.9b18.5x36.3x5.7x
Thu, 31 Jul 2025د.إ543.8bد.إ92.5bد.إ15.3b20.1x35.5x5.9x
Sat, 28 Jun 2025د.إ565.2bد.إ92.5bد.إ15.3b19.8x36.9x6.1x
Mon, 26 May 2025د.إ513.8bد.إ92.5bد.إ15.3b18.6x33.6x5.6x
Wed, 23 Apr 2025د.إ513.9bد.إ91.8bد.إ15.5b18.6x33.2x5.6x
Fri, 21 Mar 2025د.إ497.7bد.إ91.8bد.إ15.5b17.7x32.2x5.4x
Sun, 16 Feb 2025د.إ508.3bد.إ90.4bد.إ16.2b19.3x31.4x5.6x
Tue, 14 Jan 2025د.إ517.1bد.إ90.3bد.إ16.2b20x31.9x5.7x
Thu, 12 Dec 2024د.إ507.4bد.إ90.3bد.إ16.2b19.3x31.3x5.6x
Sat, 09 Nov 2024د.إ478.8bد.إ87.9bد.إ16.2b24x29.5x5.4x
Mon, 07 Oct 2024د.إ468.7bد.إ87.9bد.إ16.2b22.7x28.9x5.3x
Wed, 04 Sep 2024د.إ438.1bد.إ87.9bد.إ16.2b22.7x27x5x
Fri, 02 Aug 2024د.إ449.6bد.إ87.4bد.إ16.0b22.9x28.1x5.1x
Sun, 30 Jun 2024د.إ487.3bد.إ87.4bد.إ16.0b21.6x30.4x5.6x
Tue, 28 May 2024د.إ428.9bد.إ87.4bد.إ16.0b22.4x26.8x4.9x
Thu, 25 Apr 2024د.إ473.3bد.إ86.3bد.إ25.7b18x18.4x5.5x
Sat, 23 Mar 2024د.إ514.4bد.إ86.3bد.إ25.7b19.8x20x6x
Mon, 19 Feb 2024د.إ503.6bد.إ86.0bد.إ25.5b19.1x19.8x5.9x
Wed, 17 Jan 2024د.إ509.0bد.إ84.3bد.إ25.2b20x20.2x6x
Fri, 15 Dec 2023د.إ512.1bد.إ84.3bد.إ25.2b19.5x20.3x6.1x
Sun, 12 Nov 2023د.إ515.3bد.إ84.6bد.إ25.9b17.9x19.9x6.1x
Tue, 10 Oct 2023د.إ518.9bد.إ84.5bد.إ26.0b18.4x20x6.1x
Thu, 07 Sep 2023د.إ539.4bد.إ84.5bد.إ26.0b18.2x20.8x6.4x
Sat, 05 Aug 2023د.إ530.9bد.إ83.5bد.إ26.9b18.2x19.8x6.4x
Mon, 03 Jul 2023د.إ554.0bد.إ83.5bد.إ26.9b17.6x20.6x6.6x
Wed, 31 May 2023د.إ498.5bد.إ83.5bد.إ26.9b16.8x18.6x6x
Fri, 28 Apr 2023د.إ515.0bد.إ82.3bد.إ17.1b16.7x30.1x6.3x
Sun, 26 Mar 2023د.إ514.9bد.إ82.3bد.إ17.1b16.1x30.1x6.3x
Tue, 21 Feb 2023د.إ532.3bد.إ81.5bد.إ16.7b15.7x31.8x6.5x
Price to Earnings Ratio

31.8x


Total Market Cap: د.إ532.3bTotal Earnings: د.إ16.7bTotal Revenue: د.إ81.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Emirati Utilities Sector Price to Earnings3Y Average 27.8x202420252026
Current Industry PE
  • Investors are optimistic on the Emirian Utilities industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 31.6x which is higher than its 3-year average PE of 27.8x.
  • The industry is trading close to its 3-year average PS ratio of 5.8x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 5.1% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Emirati Utilities sector?

AE Market0.69%
Utilities1.36%
Water Utilities2.32%
Other Utilities1.31%
Industry PE
  • Investors are most optimistic about the Other Utilities industry which is trading above its 3-year average PE ratio of 28.9x.
    • Analysts are expecting annual earnings growth of 4.3%, which is higher than its past year's earnings growth of 1.9% per year.
  • Investors are most pessimistic about the Water Utilities industry, which is trading close to its 3-year average of 17.4x.
Forecasted Growth
  • Analysts are most optimistic on the Water Utilities industry, expecting annual earnings growth of 8.0% over the next 5 years.
  • This is better than its past earnings growth rate of 4.8% per year.
  • In contrast, the Other Utilities industry is expected to see its earnings grow by 4.3% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
TAQA Abu Dhabi National Energy Company PJSCد.إ2.922.1%
+د.إ6.7b
-5.5%PE47.8x
EMPOWER Emirates Central Cooling Systemsد.إ1.832.8%
+د.إ500.0m
5.2%PE18.4x
TABREED National Central Cooling Company PJSCد.إ3.081.3%
+د.إ113.7m
3.7%PE15.5x