Emirati (ADX) Water Industry Analysis

UpdatedNov 20, 2025

DataAggregated Company Financials

Companies2

7D-1.7%
3M-3.9%
1Y-5.3%
YTDn/a

Over the last 7 days, the Water industry has dropped 2.0%, driven by a pullback from Emirates Central Cooling Systems of 3.7%. Overall the industry is down 8.8% in 12 months. Looking forward, earnings are forecast to grow by 8.2% annually.

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Fri, 21 Nov 2025	د.إ24.6b	د.إ5.9b	د.إ1.5b	16.3x	16.4x	4.2x
Sun, 19 Oct 2025	د.إ24.8b	د.إ5.8b	د.إ1.5b	16.3x	16.7x	4.3x
Tue, 16 Sep 2025	د.إ25.1b	د.إ5.8b	د.إ1.5b	16.4x	16.9x	4.3x
Thu, 14 Aug 2025	د.إ25.7b	د.إ5.8b	د.إ1.5b	16.8x	17.3x	4.4x
Sat, 12 Jul 2025	د.إ25.3b	د.إ5.7b	د.إ1.4b	16.9x	17.5x	4.5x
Mon, 09 Jun 2025	د.إ23.8b	د.إ5.7b	د.إ1.4b	15.9x	16.4x	4.2x
Wed, 07 May 2025	د.إ24.3b	د.إ5.7b	د.إ1.5b	16.1x	16.6x	4.3x
Fri, 04 Apr 2025	د.إ23.2b	د.إ5.7b	د.إ1.5b	15.3x	15.8x	4.1x
Sun, 02 Mar 2025	د.إ24.4b	د.إ5.7b	د.إ1.5b	16.1x	16.7x	4.3x
Tue, 28 Jan 2025	د.إ25.7b	د.إ5.7b	د.إ1.5b	16.8x	17.2x	4.5x
Thu, 26 Dec 2024	د.إ26.6b	د.إ5.7b	د.إ1.5b	17.3x	17.9x	4.7x
Sat, 23 Nov 2024	د.إ25.4b	د.إ5.7b	د.إ1.5b	16.6x	17.1x	4.5x
Mon, 21 Oct 2024	د.إ25.3b	د.إ5.6b	د.إ1.2b	22.7x	20.2x	4.5x
Wed, 18 Sep 2024	د.إ25.6b	د.إ5.6b	د.إ1.2b	22.8x	20.5x	4.6x
Fri, 16 Aug 2024	د.إ25.1b	د.إ5.6b	د.إ1.2b	22.5x	20.1x	4.5x
Sun, 14 Jul 2024	د.إ24.4b	د.إ5.5b	د.إ1.3b	22.3x	19.4x	4.4x
Tue, 11 Jun 2024	د.إ24.4b	د.إ5.5b	د.إ1.3b	22.5x	19.4x	4.4x
Thu, 09 May 2024	د.إ25.0b	د.إ5.5b	د.إ1.4b	19.1x	18.1x	4.5x
Sat, 06 Apr 2024	د.إ24.9b	د.إ5.5b	د.إ1.4b	18.5x	18x	4.6x
Mon, 04 Mar 2024	د.إ26.3b	د.إ5.5b	د.إ1.4b	19.9x	19x	4.8x
Wed, 31 Jan 2024	د.إ27.0b	د.إ5.4b	د.إ1.4b	18.8x	18.8x	5x
Fri, 29 Dec 2023	د.إ26.5b	د.إ5.4b	د.إ1.4b	19x	18.5x	4.9x
Sun, 26 Nov 2023	د.إ27.7b	د.إ5.4b	د.إ1.4b	19.9x	19.3x	5.2x
Tue, 24 Oct 2023	د.إ26.2b	د.إ5.2b	د.إ1.7b	15x	15.2x	5.1x
Thu, 21 Sep 2023	د.إ28.7b	د.إ5.2b	د.إ1.7b	16.3x	16.7x	5.6x
Sat, 19 Aug 2023	د.إ28.0b	د.إ5.2b	د.إ1.7b	15.9x	16.3x	5.4x
Mon, 17 Jul 2023	د.إ27.3b	د.إ5.1b	د.إ1.7b	15.2x	15.8x	5.4x
Wed, 14 Jun 2023	د.إ26.8b	د.إ5.1b	د.إ1.7b	14.8x	15.5x	5.3x
Fri, 12 May 2023	د.إ25.0b	د.إ5.0b	د.إ1.6b	15.4x	15.7x	5x
Sun, 09 Apr 2023	د.إ25.3b	د.إ5.0b	د.إ1.6b	15.4x	15.8x	5x
Tue, 07 Mar 2023	د.إ23.8b	د.إ5.0b	د.إ1.6b	14.7x	14.9x	4.8x
Thu, 02 Feb 2023	د.إ23.1b	د.إ4.9b	د.إ1.6b	14.2x	14.3x	4.7x
Sat, 31 Dec 2022	د.إ22.6b	د.إ4.9b	د.إ1.6b	14.1x	14.1x	4.6x
Mon, 28 Nov 2022	د.إ21.6b	د.إ4.9b	د.إ1.6b	13.5x	13.4x	4.4x

Price to Earnings Ratio

13.4x

Mon, 28 Nov 2022

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 2.1% per year over the last three years.
Meanwhile revenues for these companies have grown 6.3% 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.