Dubai Electricity and Water Authority (PJSC)

DFM:DEWA Stock Report

Market Cap: د.إ124.5b

Dubai Electricity and Water Authority (PJSC) Past Earnings Performance

Past criteria checks 2/6

Dubai Electricity and Water Authority (PJSC) has been growing earnings at an average annual rate of 6%, while the Integrated Utilities industry saw earnings growing at 18.8% annually. Revenues have been growing at an average rate of 7.3% per year. Dubai Electricity and Water Authority (PJSC)'s return on equity is 7.9%, and it has net margins of 23.1%.

Key information

6.0%

Earnings growth rate

8.0%

EPS growth rate

Integrated Utilities Industry Growth8.1%
Revenue growth rate7.3%
Return on equity7.9%
Net Margin23.1%
Last Earnings Update30 Sep 2024

Recent past performance 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

Calculating The Fair Value Of Dubai Electricity and Water Authority (PJSC) (DFM:DEWA)

Aug 01
Calculating The Fair Value Of Dubai Electricity and Water Authority (PJSC) (DFM:DEWA)

Slowing Rates Of Return At Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Leave Little Room For Excitement

May 22
Slowing Rates Of Return At Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Leave Little Room For Excitement

Shareholders Can Be Confident That Dubai Electricity and Water Authority (PJSC)'s (DFM:DEWA) Earnings Are High Quality

Aug 19
Shareholders Can Be Confident That Dubai Electricity and Water Authority (PJSC)'s (DFM:DEWA) Earnings Are High Quality

Revenue & Expenses Breakdown

How Dubai Electricity and Water Authority (PJSC) makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

DFM:DEWA Revenue, expenses and earnings (AED Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2430,5527,0682,6990
30 Jun 2430,1137,5352,5980
31 Mar 2429,5427,6042,6030
31 Dec 2329,1787,7012,4730
30 Sep 2328,8677,4852,5110
30 Jun 2327,9977,2482,3310
31 Mar 2327,7047,7322,3710
31 Dec 2227,3367,7232,3600
30 Sep 2226,5027,3482,2790
30 Jun 2225,3687,0002,3030
31 Mar 2224,4886,3102,2880
31 Dec 2123,8246,1232,3370
31 Dec 2022,2615,0952,3550
31 Dec 1922,8876,4151,9710
31 Dec 1822,2336,4502,1340
31 Dec 1721,6026,4282,0780
31 Dec 1620,6056,0391,6640
31 Dec 1519,0676,1751,3490
31 Dec 1417,8055,3231,1880
31 Dec 1316,4924,6711,0800

Quality Earnings: DEWA has high quality earnings.

Growing Profit Margin: DEWA's current net profit margins (23.1%) are lower than last year (25.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: DEWA's earnings have grown by 6% per year over the past 5 years.

Accelerating Growth: DEWA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: DEWA had negative earnings growth (-5.6%) over the past year, making it difficult to compare to the Integrated Utilities industry average (4.4%).


Return on Equity

High ROE: DEWA's Return on Equity (7.9%) is considered low.


Return on Assets


Return on Capital Employed


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