Dubai Electricity and Water Authority (PJSC)

$ 2.81 -0.35 %

Established in 1959 and headquartered in Dubai, United Arab Emirates, the Dubai Electricity and Water Authority (PJSC) functions as a comprehensive utility provider. Its primary mandate involves generating, transmitting, and distributing electricity, alongside managing water desalination, transmission, and distribution, serving residential, commercial, industrial, and governmental clients across Dubai. Operating through four segments—DEWA, EMPOWER, IPP, and Others—the company's extensive activities extend beyond its core utility services. These encompass the provision and upkeep of cooling plants, the development, operation, and maintenance of power and water facilities under an independent water producer (IPP) model, and the purification and sale of potable water. Furthermore, DEWA offers a broad spectrum of technology and infrastructure solutions. This includes IT infrastructure, networking, computer system housing, and data entry, as well as communication equipment, software design, data classification and analysis, and data center co-location services. The company also manages and operates satellites, providing related services such as space situational tracking, monitoring, and awareness, alongside the installation of wired and wireless communication systems. Its diversified portfolio also features the installation and maintenance of air conditioning, ventilation, and air filtration systems; project development and consulting; and the operation and maintenance of desalination and sewage treatment plants. DEWA is additionally involved in implementing electronic parking management systems, investing in and managing commercial, industrial, retail, and energy ventures, implementing energy efficiency measures in buildings, and manufacturing insulated pipes. The company also delivers engineering consultancy for energy projects, trades carbon control systems, and provides rental and installation services for solar energy systems.

CEO: Saeed Mohammed Ahmad Al Tayer - https://www.dewa.gov.ae

Price objectif

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Recommandation

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DCF

$ 3.08

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DEWA.AE vs S&P500

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Quick ratio

0.86

indicates that the company may have difficulty covering its short-term debts with its readily available assets.

P/E ratio

15.61

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

0.18

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

9.83 %

indicates low profitability, suggesting that the company is not using equity efficiently to generate profits.

ROIC

5.28 %

generates a return higher than the cost of its capital, thereby creating value for its investors.

WACC

5.06

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.50

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

0.22

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

70.83 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
7 indicates good financial health
Altman score
1.47 indicates a high risk of bankruptcy
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Cash / Debt

Cash Ratio
0.31 indicates liquidity risk, as the company may not have enough cash to meet its immediate obligations
Debt Ratio
0.22 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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