Dubai Electricity and Water Authority (PJSC)

DFM:DEWA Stock Report

Market Cap: د.إ137.0b

Dubai Electricity and Water Authority (PJSC) Future Growth

Future criteria checks 1/6

Dubai Electricity and Water Authority (PJSC) is forecast to grow earnings and revenue by 8.1% and 4% per annum respectively. EPS is expected to grow by 7.6% per annum. Return on equity is forecast to be 9.2% in 3 years.

Key information

8.1%

Earnings growth rate

7.6%

EPS growth rate

Integrated Utilities earnings growth9.7%
Revenue growth rate4.0%
Future return on equity9.2%
Analyst coverage

Good

Last updated11 Dec 2024

Recent future growth updates

Recent updates

Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Just Released Its Third-Quarter Results And Analysts Are Updating Their Estimates

Nov 15
Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Just Released Its Third-Quarter Results And Analysts Are Updating Their Estimates

Investors Met With Slowing Returns on Capital At Dubai Electricity and Water Authority (PJSC) (DFM:DEWA)

Oct 09
Investors Met With Slowing Returns on Capital At Dubai Electricity and Water Authority (PJSC) (DFM:DEWA)

Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Is Paying Out A Dividend Of AED0.062

Aug 26
Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Is Paying Out A Dividend Of AED0.062

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

Aug 12
Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Has Affirmed Its Dividend Of AED0.062

Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Has Some Way To Go To Become A Multi-Bagger

May 07
Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Has Some Way To Go To Become A Multi-Bagger

Returns At Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Appear To Be Weighed Down

Jan 06
Returns At Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Appear To Be Weighed Down

Earnings and Revenue Growth Forecasts

DFM:DEWA - Analysts future estimates and past financials data (AED Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202633,5128,4518,28415,9467
12/31/202532,4727,7767,63115,1187
12/31/202431,1757,1866,86515,2736
9/30/202430,5527,0688,86217,853N/A
6/30/202430,1137,5359,03116,344N/A
3/31/202429,5427,6049,52916,789N/A
12/31/202329,1787,7019,69216,097N/A
9/30/202328,8677,4858,89214,986N/A
6/30/202327,9977,2488,28615,069N/A
3/31/202327,7047,7326,98114,792N/A
12/31/202227,3367,7235,59314,232N/A
9/30/202226,5027,3481,11011,489N/A
6/30/202225,3687,000-48210,724N/A
3/31/202224,4886,310-1,53510,417N/A
12/31/202123,8246,123-2,63010,020N/A
12/31/202022,2615,095-4,9198,286N/A
12/31/201922,8876,415-1,57910,303N/A
12/31/201822,2336,4504,64611,274N/A
12/31/201721,6026,428N/A12,538N/A
12/31/201620,6056,039N/A11,481N/A
12/31/201519,0676,175N/A10,087N/A
12/31/201417,8055,323N/A9,435N/A
12/31/201316,4924,671N/A8,760N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: DEWA's forecast earnings growth (8.1% per year) is below the savings rate (14.7%).

Earnings vs Market: DEWA's earnings (8.1% per year) are forecast to grow faster than the AE market (5.4% per year).

High Growth Earnings: DEWA's earnings are forecast to grow, but not significantly.

Revenue vs Market: DEWA's revenue (4% per year) is forecast to grow slower than the AE market (6.5% per year).

High Growth Revenue: DEWA's revenue (4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: DEWA's Return on Equity is forecast to be low in 3 years time (9.2%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 14:55
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

Analysis Model and Snowflake

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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 .

Analyst Sources

Dubai Electricity and Water Authority (PJSC) is covered by 15 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Shadab AshfaqAl Ramz Capital LLC
Soha SaniourArqaam Capital Research Offshore S.A.L.
Mark AdeebCI Capital Research