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

United Arab Emirates · Delayed Price · Currency is AED

2.700

+0.020 (0.75%)

Aug 27, 2026, 2:57 PM GST

DFM:DEWA Ratios and Metrics

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

Millions AED. Fiscal year is Jan - Dec.

Total Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 27, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	135,000	138,500	142,000	123,000	116,000	-
Market Cap Growth	-2.88%	-2.46%	15.45%	6.03%	-	-
Enterprise Value	167,579	165,075	170,482	151,193	143,059	-

Price Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 27, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	15.37	16.59	20.25	15.97	15.02	-
PS Ratio	4.08	4.22	4.58	4.22	4.24	-
PB Ratio	1.46	1.42	1.50	1.33	1.26	-
P/FCF Ratio	13.34	12.30	17.39	12.66	20.71	-
P/OCF Ratio	6.60	6.34	8.14	7.45	8.15	-

EV Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 27, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
EV/Sales Ratio	5.06	5.03	5.50	5.18	5.23	-
EV/EBITDA Ratio	9.41	9.48	11.06	10.45	10.57	-
EV/EBIT Ratio	15.05	15.25	19.06	17.91	17.53	-
EV/FCF Ratio	16.56	14.66	20.87	15.57	25.54	-

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 27, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Debt / Equity Ratio	0.48	0.40	0.38	0.42	0.44	0.31
Debt / EBITDA Ratio	2.49	2.22	2.35	2.68	3.01	2.55
Debt / FCF Ratio	4.38	3.44	4.43	4.01	7.27	-
Net Debt / Equity Ratio	0.28	0.21	0.23	0.27	0.26	0.19
Net Debt / EBITDA Ratio	1.49	1.17	1.43	1.76	1.79	1.56
Net Debt / FCF Ratio	2.61	1.81	2.69	2.62	4.34	-7.93
Quick Ratio	0.84	0.82	0.68	0.64	1.21	0.89
Current Ratio	0.92	0.89	0.75	0.72	1.30	1.00
Asset Turnover	0.17	0.17	0.17	0.16	0.16	0.14
Return on Equity (ROE)	10.09%	9.40%	7.71%	8.57%	8.65%	7.14%
Return on Assets (ROA)	3.60%	3.56%	3.06%	2.92%	2.91%	2.36%
Return on Capital Employed (ROCE)	6.50%	6.40%	5.60%	5.50%	5.00%	4.10%

Yields

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 27, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Earnings Yield	6.51%	6.03%	4.94%	6.26%	6.66%	-
FCF Yield	7.49%	8.13%	5.75%	7.90%	4.83%	-
Dividend Yield	4.59%	4.58%	4.68%	5.69%	6.43%	-
Payout Ratio	70.57%	74.28%	88.41%	102.20%	169.63%	32.66%
Total Shareholder Return	4.59%	4.58%	4.68%	5.69%	6.43%	-