Dubai Electricity and Water Authority PJSC is a United Arab Emirates-based utility services provider. The Company distributes electricity and water and serves residential and commercial customers in the United Arab Emirates. The principal activities of the Company comprise water desalination, and distribution and the generation, transmission, and distribution of the electricity throughout the emirates of Dubai. The Companyâs power generation and desalination stations include Jebel Ali Gas Power & Desalination Station E; Jebel Ali Gas Power & Desalination Station G; Jebel Ali Power & Desalination Station K; Jebel Ali Power Desalination Station L; Jebel Ali Power & Desalination Station M, and Jebel Ali Power and Desalination Complex, among others. The Companyâs subsidiaries include Al Ethihad Energy Services Company LLC, Jumeriah Energy International Holding LLC, and Mai Dubai LLC, among others.

Employees

11,206

Sector

Electric Utilities

Calendar

2024-11-07 - Q3 2024 Earnings Release (Projected)

More about the company

Quotes

Date	Price	Change	Volume
24-09-06	2.390 AED	+0.42%	835,650
24-09-05	2.380 AED	+1.28%	4,935,118
24-09-04	2.350 AED	-0.42%	3,535,009
24-09-03	2.360 AED	-0.42%	3,190,493
24-09-02	2.370 AED	-0.84%	7,745,605

Delayed Quote Dubai FM, September 06, 2024 at 02:49 am EDT

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Ratings

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

2.380AED

Average target price

2.925AED

Spread / Average Target

+22.88%

Consensus

Profit revisions

Estimate revisions

Quarterly earnings, Rate of surprise

Company calendar

Delayed Dubai FM Other stock markets 03:18:56 2024-09-06 am EDT			5-day change	1st Jan Change
2.390 ^AED	+0.42%		0.00%	-2.85%

Aug. 23	Emirati Stocks End Week Mixed; Powell Speech Takes Center Stage	MT
Aug. 16	UAE Shares Finish Trading Week Firmly in the Green	MT

Capitalization	119B 32.4B	P/E ratio 2024 *	16.5x	P/E ratio 2025 *	15.6x
Enterprise value	150B 40.83B	EV / Sales 2024 *	4.84x	EV / Sales 2025 *	4.52x
Free-Float	18%	Yield 2024 *	5.14%	Yield 2025 *	5.25%

Emirati Stocks End Week Mixed; Powell Speech Takes Center Stage	Aug. 23	MT
UAE Shares Finish Trading Week Firmly in the Green	Aug. 16	MT
Emirati Stocks Erase Gains Amid Rising Geopolitical Risks	Aug. 13	MT
DEWA Adds 558 Distribution Substations in H1 Amid Rising Power Demand in Dubai	Aug. 13	MT
Dubai Electricity and Water Authority Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024	Aug. 08	CI
DEWA Logs Lower H1 Attributable Profit; Revenue Up	Aug. 08	MT
Dewa Resumes Trading on Dubai Bourse	Aug. 08	MT
Dubai Electricity and Water Authority to Suspend Trading in Dubai	Aug. 08	MT
DEWA Logs Increase in H1 Digital Transactions	Aug. 02	MT
Dubai Electricity and Water Authority Issues 59,000 No Objection Certificates to Consultants, Contractors in H1	Jul. 17	MT
Citi Cuts Dubai Electricity and Water Authority PT, Affirms Neutral Rating	Jul. 02	MT
DEWA Bolsters Dubai’s Water Security with New Water Reservoir in Enkhali	Jun. 21	MT
Dubai Electricity and Water Authority's Innovation Centre Begins Acceptance of Solar PV Training Applications	Jun. 18	MT

TRENDE Awarded Grant for P2P Energy Trading Project in Japan	Aug. 27	AQ
Veolia wins $320 million water technology contract for world's most energy-efficient desalination plant, enhancing water security in UAE	May. 15	AQ
Dubai Electricity and Water Authority PJSC Shareholders Approve Payment of AED 3.1 Billion in Dividends	Apr. 01	AQ
L&T Construction Wins a Mega EPC Order for establishing Largest Renewable Generation Plant in United Arab Emirates	Jan. 31	AQ
DUBAI SETS UP NEW INVESTMENT FUND TO BOOST STABILITY	Dec. 12	AQ

Dubai Electricity and Water Authority Stock

Equities

DEWA

AED001801011

Electric Utilities

Valuation: Dubai Electricity and Water Authority

Chart: Dubai Electricity and Water Authority

Latest news: Dubai Electricity and Water Authority

Analysts' recommendations: Dubai Electricity and Water Authority

Press Releases: Dubai Electricity and Water Authority

Quotes and Performance

Course Extremes

Managers and Directors: Dubai Electricity and Water Authority

ETFs: Dubai Electricity and Water Authority

Other Electric Utilities

Financials

Company Profile

Quotes

Income Statement and Estimates

Ratings

Analysts' Consensus

Quarterly earnings, Rate of surprise

1 day	+0.42%
1 month	-0.83%
3 months	+5.75%
6 months	-2.05%
Current year	-2.85%

Director	Title	Age	Since
Saeed Al-Tayer CEO	Chief Executive Officer	-	-
Amal Koshak IRO	Public Communications Contact	-	-
Nasser Akil Abbas TRE	Treasurer	-	-

Manager	Title	Age	Since
Saeed Al-Tayer CEO	Chief Executive Officer	-	-
Matar Al Tayer CHM	Chairman	-	03-12-31
Hilal Khalfan bin Dhaher BRD	Director/Board Member	-	02-12-31

Name	Weight	AuM	1st Jan change	Investor Rating
VANGUARD LIFESTRATEGY 80% EQUITY UCITS ETF ACC - EUR	0.00%	453 M€	+11.20%	-
VANGUARD LIFESTRATEGY 80% EQUITY UCITS ETF - DISTRIBUTING - EUR	0.00%	39 M€	+9.24%	-
LEADERSHARES EQUITY SKEW ETF - USD	0.00%	99 M€	+3.50%	-

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi. ($)
DUBAI ELECTRICITY AND WATER AUTHORITY	+0.42%	0.00%	-7.36%	-	32.4B
NEXTERA ENERGY	-0.93%	+0.37%	+21.34%	-6.26%	165B
SOUTHERN COMPANY	+0.43%	+4.32%	+35.01%	+35.07%	97.97B
DUKE ENERGY CORPORATION	-0.18%	+3.42%	+34.85%	+10.57%	90.23B
IBERDROLA, S.A.	-0.19%	+3.18%	+23.54%	+24.54%	90.89B
ENEL S.P.A.	-0.13%	+1.88%	+14.58%	-9.36%	78.76B
CONSTELLATION ENERGY CORPORATION	-0.82%	-9.45%	+66.03%	-	55.06B
GE VERNOVA INC.	-0.60%	+3.70%	-	-	54.53B
AMERICAN ELECTRIC POWER COMPANY, INC.	+0.65%	+3.36%	+35.66%	+14.04%	54.86B
DOMINION ENERGY, INC.	-0.26%	+2.17%	+22.55%	-26.84%	48.1B
Average	-0.01%	+1.28%	+27.36%	+5.97%	76.79B
Weighted average by Cap.	-0.15%	+1.58%	+27.79%	+6.92%

	2024 *	2025 *
Net sales	30.96B 8.43B	32.94B 8.97B
Net income	7.25B 1.98B	7.61B 2.07B
Net Debt	30.94B 8.42B	29.84B 8.13B