Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Emirati (ADX) Water Industry Analysis

UpdatedMar 21, 2026
DataAggregated Company Financials
Companies2
  • 7D0.1%
  • 3M-4.5%
  • 1Y-1.6%
  • YTDn/a

Last week, the Water industry hasn't moved much but National Central Cooling Company PJSC is up 3.1% in that time. Furthermore, the industry has been flat for the past year as well. Looking forward, earnings are forecast to grow by 9.4% annually.

Industry Valuation and Performance

Has the Emirati Water Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Mar 2026د.إ23.2bد.إ5.9bد.إ1.5b16x15.9x3.9x
Mon, 16 Feb 2026د.إ27.1bد.إ5.9bد.إ1.5b18.6x18.5x4.6x
Wed, 14 Jan 2026د.إ25.1bد.إ5.9bد.إ1.5b16.5x16.8x4.3x
Fri, 12 Dec 2025د.إ24.0bد.إ5.9bد.إ1.5b15.9x16x4.1x
Sun, 09 Nov 2025د.إ25.4bد.إ5.9bد.إ1.5b16.6x16.8x4.3x
Tue, 07 Oct 2025د.إ24.9bد.إ5.8bد.إ1.5b16.4x16.7x4.3x
Thu, 04 Sep 2025د.إ25.4bد.إ5.8bد.إ1.5b16.6x17x4.4x
Sat, 02 Aug 2025د.إ25.4bد.إ5.7bد.إ1.4b17x17.5x4.5x
Mon, 30 Jun 2025د.إ24.8bد.إ5.7bد.إ1.4b16.6x17.1x4.4x
Wed, 28 May 2025د.إ22.6bد.إ5.7bد.إ1.4b15.1x15.6x4x
Fri, 25 Apr 2025د.إ23.4bد.إ5.7bد.إ1.5b15.4x16x4.1x
Sun, 23 Mar 2025د.إ23.5bد.إ5.7bد.إ1.5b15.5x16.1x4.1x
Tue, 18 Feb 2025د.إ25.7bد.إ5.8bد.إ1.5b17x17.5x4.5x
Thu, 16 Jan 2025د.إ26.8bد.إ5.7bد.إ1.5b17.4x18x4.7x
Sat, 14 Dec 2024د.إ25.8bد.إ5.7bد.إ1.5b16.8x17.3x4.6x
Mon, 11 Nov 2024د.إ27.3bد.إ5.6bد.إ1.2b24x21.8x4.9x
Wed, 09 Oct 2024د.إ25.4bد.إ5.6bد.إ1.2b22.8x20.4x4.5x
Fri, 06 Sep 2024د.إ25.3bد.إ5.6bد.إ1.2b22.6x20.2x4.5x
Sun, 04 Aug 2024د.إ25.4bد.إ5.5bد.إ1.3b23.1x20.2x4.6x
Tue, 02 Jul 2024د.إ24.1bد.إ5.5bد.إ1.3b22.2x19.2x4.4x
Thu, 30 May 2024د.إ23.6bد.إ5.5bد.إ1.3b22.3x18.8x4.3x
Sat, 27 Apr 2024د.إ24.6bد.إ5.5bد.إ1.4b18.4x17.7x4.5x
Mon, 25 Mar 2024د.إ26.5bد.إ5.5bد.إ1.4b20x19.1x4.9x
Wed, 21 Feb 2024د.إ25.8bد.إ5.5bد.إ1.4b19.6x18.7x4.7x
Fri, 19 Jan 2024د.إ28.7bد.إ5.4bد.إ1.4b20.1x20x5.3x
Sun, 17 Dec 2023د.إ27.3bد.إ5.4bد.إ1.4b19.5x19x5.1x
Tue, 14 Nov 2023د.إ29.0bد.إ5.3bد.إ1.7b16.8x17.1x5.5x
Thu, 12 Oct 2023د.إ28.5bد.إ5.2bد.إ1.7b16.3x16.6x5.5x
Sat, 09 Sep 2023د.إ28.6bد.إ5.2bد.إ1.7b16.3x16.7x5.5x
Mon, 07 Aug 2023د.إ28.3bد.إ5.2bد.إ1.7b16x16.5x5.5x
Wed, 05 Jul 2023د.إ27.2bد.إ5.1bد.إ1.7b15.1x15.7x5.3x
Fri, 02 Jun 2023د.إ25.7bد.إ5.1bد.إ1.7b14.4x14.8x5.1x
Sun, 30 Apr 2023د.إ25.6bد.إ5.0bد.إ1.6b15.6x16x5.1x
Tue, 28 Mar 2023د.إ24.8bد.إ5.0bد.إ1.6b15.2x15.5x5x
Price to Earnings Ratio

15.5x


Total Market Cap: د.إ24.8bTotal Earnings: د.إ1.6bTotal Revenue: د.إ5.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Emirati Water Industry Price to Earnings3Y Average 17.5x202420252026
Current Industry PE
    There are only 2 companies in the Emirian Water Utilities industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Water Utilities industry have declined 3.1% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.5% 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, which has decreased profits.

Industry Comparison

How does Emirati Water compare with similar industries?

AE Market1.22%
Utilities3.04%
Water Utilities0.12%
Water0.12%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
TABREED National Central Cooling Company PJSCد.إ2.703.1%
+د.إ227.4m		3.1%PE16.5x

Latest News

EMPOWER
د.إ1.55
Emirates Central Cooling Systems
7D
-1.3%
1Y
-3.7%
TABREED
د.إ2.70
National Central Cooling Company PJSC
7D
3.1%
1Y
3.1%

TABREED: Upcoming Board Meetings Will Shape Bullish View On Undervalued Shares

Analysts have reduced their price target for National Central Cooling Company PJSC slightly to AED 3.37 from AED 3.38, reflecting updated assumptions around the discount rate, revenue growth, profit margin and future P/E expectations. What's in the News Board meeting scheduled for Dec 29, 2025, at 10:00 UTC to discuss the business and operations of the company (Key Developments).