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Emirati (ADX) Utilities Sector Analysis

UpdatedAug 20, 2025
DataAggregated Company Financials
Companies4
  • 7D0.07%
  • 3M5.7%
  • 1Y23.3%
  • YTD2.3%

The Utilities industry has stayed flat over the last week. The past year has been better, since the industry has gained 21% in that time. As for the next few years, earnings are expected to grow by 6.1% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 20 Aug 2025د.إ539.9bد.إ94.2bد.إ14.9b19.1x36.3x5.7x
Fri, 18 Jul 2025د.إ540.3bد.إ92.5bد.إ15.3b20.1x35.3x5.8x
Sun, 15 Jun 2025د.إ539.0bد.إ92.5bد.إ15.3b19.2x35.2x5.8x
Tue, 13 May 2025د.إ511.2bد.إ91.8bد.إ15.5b18.6x33.1x5.6x
Thu, 10 Apr 2025د.إ497.3bد.إ91.8bد.إ15.5b17.5x32.1x5.4x
Sat, 08 Mar 2025د.إ493.4bد.إ91.8bد.إ15.5b18x31.9x5.4x
Mon, 03 Feb 2025د.إ504.6bد.إ90.3bد.إ16.2b18.6x31.1x5.6x
Wed, 01 Jan 2025د.إ563.4bد.إ90.3bد.إ16.2b20x34.7x6.2x
Fri, 29 Nov 2024د.إ485.3bد.إ90.3bد.إ16.2b19.3x29.9x5.4x
Sun, 27 Oct 2024د.إ468.7bد.إ87.9bد.إ16.2b23.1x28.9x5.3x
Tue, 24 Sep 2024د.إ471.8bد.إ87.9bد.إ16.2b22.8x29.1x5.4x
Thu, 22 Aug 2024د.إ442.2bد.إ87.9bد.إ16.2b22.7x27.2x5x
Sat, 20 Jul 2024د.إ448.6bد.إ87.4bد.إ16.0b22.6x28x5.1x
Mon, 17 Jun 2024د.إ451.7bد.إ87.4bد.إ16.0b22.1x28.2x5.2x
Wed, 15 May 2024د.إ471.3bد.إ86.8bد.إ25.6b17.7x18.4x5.4x
Fri, 12 Apr 2024د.إ481.7bد.إ86.3bد.إ25.7b18.5x18.7x5.6x
Sun, 10 Mar 2024د.إ493.8bد.إ86.3bد.إ25.7b19x19.2x5.7x
Tue, 06 Feb 2024د.إ509.3bد.إ84.3bد.إ25.2b19.1x20.2x6x
Thu, 04 Jan 2024د.إ518.7bد.إ84.3bد.إ25.2b19.5x20.5x6.2x
Sat, 02 Dec 2023د.إ509.8bد.إ84.3bد.إ25.2b19.3x20.2x6x
Mon, 30 Oct 2023د.إ481.7bد.إ84.5bد.إ26.0b17.2x18.6x5.7x
Wed, 27 Sep 2023د.إ561.6bد.إ84.5bد.إ26.0b18.7x21.6x6.6x
Fri, 25 Aug 2023د.إ538.9bد.إ84.5bد.إ26.0b18.5x20.8x6.4x
Sun, 23 Jul 2023د.إ532.2bد.إ83.5bد.إ26.9b18.3x19.8x6.4x
Tue, 20 Jun 2023د.إ520.6bد.إ83.5bد.إ26.9b17.6x19.4x6.2x
Thu, 18 May 2023د.إ502.7bد.إ83.5bد.إ26.9b16.7x18.7x6x
Sat, 15 Apr 2023د.إ507.2bد.إ82.3bد.إ17.1b16.5x29.6x6.2x
Mon, 13 Mar 2023د.إ525.6bد.إ81.5bد.إ16.7b15.9x31.4x6.5x
Wed, 08 Feb 2023د.إ501.2bد.إ81.7bد.إ16.9b15.9x29.6x6.1x
Fri, 06 Jan 2023د.إ544.8bد.إ81.7bد.إ16.9b14.8x32.2x6.7x
Sun, 04 Dec 2022د.إ531.0bد.إ81.7bد.إ16.9b15.1x31.4x6.5x
Tue, 01 Nov 2022د.إ490.8bد.إ76.4bد.إ14.9b17.4x32.9x6.4x
Thu, 29 Sep 2022د.إ396.0bد.إ74.3bد.إ14.4b27.3x27.5x5.3x
Sat, 27 Aug 2022د.إ270.5bد.إ74.3bد.إ14.4b18.8x18.8x3.6x
Price to Earnings Ratio

18.8x


Total Market Cap: د.إ270.5bTotal Earnings: د.إ14.4bTotal Revenue: د.إ74.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Emirati Utilities Sector Price to Earnings3Y Average 26.9x202320242025
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 36.1x which is higher than its 3-year average PE of 26.9x.
  • 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 8.2% 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 Market-0.43%
Utilities0.072%
Other Utilities0.073%
Water Utilities0.053%
Industry PE
  • Investors are most optimistic about the Other Utilities industry which is trading above its 3-year average PE ratio of 27.8x.
    • Analysts are expecting annual earnings growth of 5.9%, which is higher than its past year's earnings decline of 11.6% per year.
  • Investors are most pessimistic about the Water Utilities industry, which is trading close to its 3-year average of 17.2x.
Forecasted Growth
  • Analysts are most optimistic on the Water Utilities industry, expecting annual earnings growth of 6.9% over the next 5 years.
  • However this is lower than its past earnings growth rate of 41% per year.
  • In contrast, the Other Utilities industry is expected to see its earnings grow by 5.9% 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
DEWA Dubai Electricity and Water Authority (PJSC)د.إ2.771.1%
+د.إ1.5b
14.5%PE19.1x
TABREED National Central Cooling Company PJSCد.إ2.991.4%
+د.إ113.7m
-0.3%PE14.7x