Dubai Electricity and Water Authority (PJSC)

DFM:DEWA Stock Report

Market Cap: د.إ130.5b

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

Return Trends At Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Aren't Appealing

Jan 08
Return Trends At Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Aren't Appealing

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

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

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 (5.7%).


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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/21 06:47
End of Day Share Price 2025/01/21 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 14 analysts. 7 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