Dubai Electricity and Water Authority (PJSC) (DFM:DEWA)

DFM:DEWA Ratios and Metrics

Market cap in millions AED. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Apr 23, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	132,500	142,000	123,000	116,000	-	-
Market Cap Growth	15.45%	15.45%	6.03%	-	-	-
Enterprise Value	160,140	170,482	151,193	143,059	-	-
PE Ratio	18.89	20.25	15.97	15.02	-	-
PS Ratio	4.28	4.58	4.22	4.24	-	-
PB Ratio	1.39	1.50	1.33	1.26	-	-
P/FCF Ratio	16.22	17.39	12.66	20.71	-	-
P/OCF Ratio	7.60	8.14	7.45	8.15	-	-
EV/Sales Ratio	5.17	5.50	5.18	5.23	-	-
EV/EBITDA Ratio	10.37	11.06	10.45	10.57	-	-
EV/EBIT Ratio	17.90	19.06	17.91	17.53	-	-
EV/FCF Ratio	19.61	20.87	15.57	25.54	-	-
Debt / Equity Ratio	0.38	0.38	0.42	0.44	0.31	0.25
Debt / EBITDA Ratio	2.35	2.35	2.68	3.01	2.55	2.25
Debt / FCF Ratio	4.43	4.43	4.01	7.27	-	-
Quick Ratio	0.68	0.68	0.64	1.21	0.89	0.88
Current Ratio	0.75	0.75	0.72	1.30	1.00	1.03
Asset Turnover	0.17	0.17	0.16	0.16	0.14	0.14
Return on Equity (ROE)	7.71%	7.71%	8.57%	8.65%	7.14%	5.97%
Return on Assets (ROA)	3.06%	3.06%	2.92%	2.91%	2.36%	2.15%
Return on Capital (ROIC)	4.25%	4.25%	3.99%	3.99%	3.30%	3.04%
Return on Capital Employed (ROCE)	5.60%	5.60%	5.50%	5.00%	4.10%	3.70%
Earnings Yield	5.29%	4.94%	6.26%	6.66%	-	-
Earnings Yield	5.29%	4.94%	6.26%	6.66%	-	-
FCF Yield	6.16%	5.75%	7.90%	4.83%	-	-
Dividend Yield	4.59%	-	5.44%	6.15%	-	-
Payout Ratio	88.41%	88.41%	102.20%	169.63%	32.66%	29.44%
Total Shareholder Return	4.59%	-	5.44%	6.15%	-	-

Source: S&P Global Market Intelligence. Utility template. Financial Sources.