National Central Cooling Company PJSC Past Earnings Performance
Past criteria checks 1/6
National Central Cooling Company PJSC's earnings have been declining at an average annual rate of -1.8%, while the Water Utilities industry saw earnings growing at 1.6% annually. Revenues have been growing at an average rate of 5.9% per year. National Central Cooling Company PJSC's return on equity is 7%, and it has net margins of 17.3%.
Key information
-1.81%
Earnings growth rate
-1.82%
EPS growth rate
| Water Utilities Industry Growth | 4.81% |
| Revenue growth rate | 5.95% |
| Return on equity | 6.97% |
| Net Margin | 17.29% |
| Last Earnings Update | 31 Mar 2026 |
Recent past performance updates
Recent updates
Narrative Update • Jun 04
TABREED: Higher Profit Margins And Board Review Will Support Future Upside
Analysts have trimmed their fair value estimate for National Central Cooling Company PJSC from AED 4.76 to AED 4.30, reflecting updated assumptions on the discount rate, revenue growth, profit margins and future P/E levels. What's in the News A board meeting is scheduled for May 14, 2026, at 07:00 Coordinated Universal Time to review financial results for the period ended March 31, 2026.
Narrative Update • Feb 23
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).Narrative Update • Feb 08
TABREED: Bullish View Will Be Shaped By Upcoming Board Meetings
Analysts have trimmed their price target on National Central Cooling Company PJSC to AED 3.38, reflecting slightly higher assumed discount rates and modestly adjusted expectations for revenue growth, profit margins and future P/E multiples. What's in the News Board meeting scheduled for Dec 29, 2025, at 10:00 Coordinated Universal Time to discuss the business and operations of the company (company announcement).Narrative Update • Jan 22
TABREED: Stable Outlook Will Be Guided By Upcoming Board Meetings
Analysts have slightly revised their price target on National Central Cooling Company PJSC to AED 3.38, reflecting small adjustments to assumptions on the discount rate, revenue growth, profit margin and future P/E, while keeping their overall valuation view broadly unchanged. What's in the News A board meeting is scheduled on Nov 13, 2025 at 06:30 Coordinated Universal Time to consider and review the financial results for the third quarter ended 30 September 2025 and to discuss the business and operations of the company (Key Developments).Narrative Update • Jan 08
TABREED: Stable Fair Value And Upcoming Board Reviews Will Shape Outlook
Narrative Update Overview Analysts have kept their fair value estimate for National Central Cooling Company PJSC steady at AED 3.38. This reflects slightly adjusted assumptions around discount rate, revenue growth, profit margin, and future P/E, rather than a change in their overall price target view.Narrative Update • Dec 13
TABREED: Higher Discount Rate And Q3 Review Will Shape Balanced Outlook
Analysts have trimmed their 12 month price target on National Central Cooling Company PJSC slightly, from AED 3.48 to AED 3.38, as a higher assumed discount rate offsets modestly stronger expectations for revenue growth and profit margins, along with a lower future P E multiple. What's in the News Board meeting scheduled for November 13, 2025, at 06:30 Coordinated Universal Time, to review financial results for the third quarter ended September 30, 2025 (company filing) Agenda includes discussion of the company’s business performance and operational developments, alongside the Q3 2025 financial review (company filing) Valuation Changes Consensus Analyst Price Target has edged down slightly, from AED 3.48 to AED 3.38.
Narrative Update • Nov 18
TABREED: Improved Profit Margins Will Drive Positive Momentum Ahead
Analysts have raised their price target for National Central Cooling Company PJSC from AED 3.88 to AED 3.91. They cite improved revenue growth and profit margin forecasts as key drivers for the upward revision.Analysis Article • Jun 21
National Central Cooling Company PJSC (DFM:TABREED) Investors Are Less Pessimistic Than Expected
It's not a stretch to say that National Central Cooling Company PJSC's ( DFM:TABREED ) price-to-earnings (or "P/E...Analysis Article • Feb 17
National Central Cooling Company PJSC (DFM:TABREED) Is Due To Pay A Dividend Of AED0.155
The board of National Central Cooling Company PJSC ( DFM:TABREED ) has announced that it will pay a dividend on the 1st...
New Narrative • Feb 09
Emerging Markets Expansion And AI Adoption Will Advance Energy Efficiency Initiatives
Strategic expansions in emerging markets are expected to drive revenue and geographic diversification through significant demand for energy-efficient cooling solutions.Analysis Article • Dec 26
National Central Cooling Company PJSC's (DFM:TABREED) Popularity With Investors Is Clear
With a median price-to-earnings (or "P/E") ratio of close to 13x in the United Arab Emirates, you could be forgiven for...Analysis Article • Aug 22
Why National Central Cooling Company PJSC's (DFM:TABREED) Shaky Earnings Are Just The Beginning Of Its Problems
The subdued market reaction suggests that National Central Cooling Company PJSC's ( DFM:TABREED ) recent earnings...Analysis Article • Aug 12
Analysts Are Updating Their National Central Cooling Company PJSC (DFM:TABREED) Estimates After Its Second-Quarter Results
National Central Cooling Company PJSC ( DFM:TABREED ) last week reported its latest second-quarter results, which makes...Analysis Article • Jul 11
Investors Still Waiting For A Pull Back In National Central Cooling Company PJSC (DFM:TABREED)
With a price-to-earnings (or "P/E") ratio of 27.8x National Central Cooling Company PJSC ( DFM:TABREED ) may be sending...Analysis Article • Feb 09
Investors Still Waiting For A Pull Back In National Central Cooling Company PJSC (DFM:TABREED)
With a price-to-earnings (or "P/E") ratio of 19.5x National Central Cooling Company PJSC ( DFM:TABREED ) may be sending...Analysis Article • Oct 10
Do National Central Cooling Company PJSC's (DFM:TABREED) Earnings Warrant Your Attention?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Analysis Article • Jul 11
Here's Why National Central Cooling Company PJSC (DFM:TABREED) Has Caught The Eye Of Investors
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Analysis Article • May 17
Is National Central Cooling Company PJSC (DFM:TABREED) Trading At A 23% Discount?
Key Insights Using the 2 Stage Free Cash Flow to Equity, National Central Cooling Company PJSC fair value estimate is...Analysis Article • Jan 13
An Intrinsic Calculation For National Central Cooling Company PJSC (DFM:TABREED) Suggests It's 23% Undervalued
Key Insights National Central Cooling Company PJSC's estimated fair value is د.إ3.9 based on 2 Stage Free Cash Flow to...Analysis Article • Oct 12
Is National Central Cooling Company PJSC (DFM:TABREED) Trading At A 40% Discount?
How far off is National Central Cooling Company PJSC ( DFM:TABREED ) from its intrinsic value? Using the most recent...Analysis Article • Jul 08
Calculating The Intrinsic Value Of National Central Cooling Company PJSC (DFM:TABREED)
How far off is National Central Cooling Company PJSC ( DFM:TABREED ) from its intrinsic value? Using the most recent...Analysis Article • Feb 18
National Central Cooling Company PJSC (DFM:TABREED) Will Pay A Dividend Of د.إ0.06
National Central Cooling Company PJSC's ( DFM:TABREED ) investors are due to receive a payment of د.إ0.06 per share on...Analysis Article • Feb 17
Earnings Beat: National Central Cooling Company PJSC Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
National Central Cooling Company PJSC ( DFM:TABREED ) came out with its full-year results last week, and we wanted to...Analysis Article • Feb 15
Did You Participate In Any Of National Central Cooling Company PJSC's (DFM:TABREED) Fantastic 224% Return ?
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...Analysis Article • Jan 25
How Does National Central Cooling Company PJSC (DFM:TABREED) Fare As A Dividend Stock?
Is National Central Cooling Company PJSC ( DFM:TABREED ) a good dividend stock? How can we tell? Dividend paying...Analysis Article • Dec 18
Should You Rely On National Central Cooling Company PJSC's (DFM:TABREED) Earnings Growth?
Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How National Central Cooling Company PJSC makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 2,476 | 428 | 292 | 0 |
| 31 Dec 25 | 2,456 | 465 | 286 | 0 |
| 30 Sep 25 | 2,455 | 565 | 264 | 0 |
| 30 Jun 25 | 2,460 | 577 | 276 | 0 |
| 31 Mar 25 | 2,429 | 574 | 282 | 0 |
| 31 Dec 24 | 2,432 | 570 | 284 | 0 |
| 30 Sep 24 | 2,436 | 571 | 302 | 0 |
| 30 Jun 24 | 2,428 | 314 | 290 | 0 |
| 31 Mar 24 | 2,420 | 307 | 285 | 0 |
| 31 Dec 23 | 2,415 | 431 | 276 | 0 |
| 30 Sep 23 | 2,380 | 486 | 239 | 0 |
| 30 Jun 23 | 2,308 | 746 | 242 | 0 |
| 31 Mar 23 | 2,260 | 748 | 244 | 0 |
| 31 Dec 22 | 2,216 | 600 | 236 | 0 |
| 30 Sep 22 | 2,150 | 600 | 267 | 0 |
| 30 Jun 22 | 2,062 | 535 | 260 | 0 |
| 31 Mar 22 | 2,017 | 518 | 254 | 0 |
| 31 Dec 21 | 1,955 | 508 | 248 | 0 |
| 30 Sep 21 | 1,947 | 476 | 210 | 0 |
| 30 Jun 21 | 1,900 | 513 | 207 | 0 |
| 31 Mar 21 | 1,804 | 520 | 220 | 0 |
| 31 Dec 20 | 1,741 | 518 | 225 | 0 |
| 30 Sep 20 | 1,650 | 458 | 249 | 0 |
| 30 Jun 20 | 1,558 | 457 | 247 | 0 |
| 31 Mar 20 | 1,518 | 433 | 227 | 0 |
| 31 Dec 19 | 1,520 | 437 | 220 | 0 |
| 30 Sep 19 | 1,485 | 437 | 213 | 0 |
| 30 Jun 19 | 1,468 | 415 | 206 | 0 |
| 31 Mar 19 | 1,469 | 430 | 207 | 0 |
| 31 Dec 18 | 1,447 | 428 | 204 | 0 |
| 30 Sep 18 | 1,440 | 429 | 196 | 0 |
| 30 Jun 18 | 1,411 | 419 | 190 | 0 |
| 31 Mar 18 | 1,404 | 402 | 188 | 0 |
| 31 Dec 17 | 1,399 | 400 | 189 | 0 |
| 30 Sep 17 | 1,369 | 388 | 190 | 0 |
| 30 Jun 17 | 1,341 | 400 | 191 | 0 |
| 31 Mar 17 | 1,295 | 379 | 184 | 0 |
| 31 Dec 16 | 1,280 | 367 | 187 | 0 |
| 30 Sep 16 | 1,260 | 361 | 180 | 0 |
| 30 Jun 16 | 1,227 | 352 | 180 | 0 |
| 31 Mar 16 | 1,220 | 348 | 177 | 0 |
| 31 Dec 15 | 1,204 | 345 | 173 | 0 |
| 30 Sep 15 | 1,164 | 335 | 166 | 0 |
| 30 Jun 15 | 1,160 | 330 | 166 | 0 |
Quality Earnings: TABREED has high quality earnings.
Growing Profit Margin: TABREED's current net profit margins (17.3%) are lower than last year (23.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TABREED's earnings have declined by 1.8% per year over the past 5 years.
Accelerating Growth: TABREED's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TABREED had negative earnings growth (-25.4%) over the past year, making it difficult to compare to the Water Utilities industry average (-0.8%).
Return on Equity
High ROE: TABREED's Return on Equity (7%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/17 04:39 |
| End of Day Share Price | 2026/06/17 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
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 Github.
Analyst Sources
National Central Cooling Company PJSC is covered by 14 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Fadwa Aouini | AlphaMena |
| Kais Kriaa | AlphaMena |
| Soha Saniour | Arqaam Capital Research Offshore S.A.L. |