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DFM/DEWA (DFM/DEWA)

Dubai Financial Market: DFM/DEWA · AED

AED 2.71

-0.04 (-1.4%)· Recorded snapshot

Market cap	135.5B
Revenue (ttm)	33.1B
Net income (ttm)	8.8B
EPS (ttm)	AED 0.18
Shares out	50B
P/E (trailing)	15.4x
P/E (forward)	15.6x
Dividend	AED 0.12 (4.58%)
Volume	5,150,989
Beta	0.20

Market data

Price

Recent price action with selectable time range.

Metric	Value
Amount currency	AED
Country	United Arab Emirates
Country code	AE
Earnings date	2026-11-11
Employees	11,206
Employees change	-192
Employees growth	-1.68%
Enterprise value	AED 168.1B
Exchange	Dubai Financial Market
Financial currency	AED
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1959
Industry	Utilities - Diversified
Is primary listing	Yes
ISIN number	AED001801011
Last earnings date	2026-08-12
Last refreshed	2026-10-28
Market cap	AED 135.5B
Next earnings date	2026-11-11
Price	AED 2.71
Price currency	AED
Sector	Utilities
SIC code	4911
Stock price date	2026-10-28
Symbol	dfm/DEWA
Website	https://www.dewa.gov.ae

Metric

Value

Amount currency

AED

Country

United Arab Emirates

Country code

Earnings date

2026-11-11

Employees

11,206

Employees change

-192

Employees growth

-1.68%

Enterprise value

AED 168.1B

Exchange

Dubai Financial Market

Financial currency

AED

Financial report date

2026-06-30

First seen

2026-05-10

Fiscal year end

December

Founded

1959

Industry

Utilities - Diversified

Is primary listing

Yes

ISIN number

AED001801011

Last earnings date

2026-08-12

Last refreshed

2026-10-28

Market cap

AED 135.5B

Next earnings date

2026-11-11

Price

AED 2.71

Price currency

AED

Sector

Utilities

SIC code

4911

Stock price date

2026-10-28

Symbol

dfm/DEWA

Website

https://www.dewa.gov.ae

Metric	Value
Adjusted P/E ratio	15.31x
Average P/E ratio (3Y)	17.01x
Average P/E ratio (5Y)	16.96x
Earnings yield	6.48%
EV/Earnings	19.13x
EV/EBIT	15.09x
EV/EBITDA	9.44x
EV/FCF	16.61x
EV/Sales	5.08x
FCF / EV yield	6.02%
FCF yield	7.47%
Forward P/E	15.65x
Graham number	2.61561
Graham upside	-3.48%
Lynch fair value	AED 1.14
Lynch upside	-57.91%
P/B ratio	1.46x
P/E ratio	15.42x
P/FCF ratio	13.39x
P/OCF ratio	6.62x
P/S ratio	4.09x
PEG ratio	3.03x
Price / tangible book value	1.58x
Price/EBITDA ratio	7.62x

Metric

Value

Adjusted P/E ratio

15.31x

Average P/E ratio (3Y)

17.01x

Average P/E ratio (5Y)

16.96x

Earnings yield

6.48%

EV/Earnings

19.13x

EV/EBIT

15.09x

EV/EBITDA

9.44x

EV/FCF

16.61x

EV/Sales

5.08x

FCF / EV yield

6.02%

FCF yield

7.47%

Forward P/E

15.65x

Graham number

2.61561

Graham upside

-3.48%

Lynch fair value

AED 1.14

Lynch upside

-57.91%

P/B ratio

1.46x

P/E ratio

15.42x

P/FCF ratio

13.39x

P/OCF ratio

6.62x

P/S ratio

4.09x

PEG ratio

3.03x

Price / tangible book value

1.58x

Price/EBITDA ratio

7.62x

Metric	Value
EBIT margin	33.64%
EBITDA margin	53.74%
Effective tax rate	9.01%
FCF margin	30.56%
Gross margin	39.57%
Operating margin	33.64%
Pretax margin	31.5%
Profit margin	26.54%
Profit per employee	AED 783,973
Revenue per employee	AED 3M
ROA	3.6%
ROA (5Y)	2.96%
ROCE	6.49%
ROE	10.09%
ROE (5Y)	8.29%
ROIC	5.18%
Tax / revenue	2.84%

Metric

Value

EBIT margin

33.64%

EBITDA margin

53.74%

Effective tax rate

9.01%

FCF margin

30.56%

Gross margin

39.57%

Operating margin

33.64%

Pretax margin

31.5%

Profit margin

26.54%

Profit per employee

AED 783,973

Revenue per employee

AED 3M

ROA

3.6%

ROA (5Y)

2.96%

ROCE

6.49%

ROE

10.09%

ROE (5Y)

8.29%

ROIC

5.18%

Tax / revenue

2.84%

Metric	Value
EPS growth	21.01%
EPS growth (Q)	1.39%
EPS growth (QoQ)	153.03%
EPS growth 3Y	6.62%
FCF growth	-12.17%
FCF growth (Q)	-37.03%
FCF growth (QoQ)	8.63%
FCF growth 3Y	6.82%
Net income growth	21%
Net income growth (Q)	1.39%
Net income growth (QoQ)	153.03%
Net income growth 3Y	6.62%
Net income growth 5Y	6.49%
OCF growth	-2.15%
OCF growth (Q)	-26.73%
OCF growth (QoQ)	0.1%
OCF growth 3Y	10.74%
OCF growth 5Y	14.71%
Revenue growth	3.73%
Revenue growth (Q)	-2.6%
Revenue growth (QoQ)	30.4%
Revenue growth 3Y	5.75%
Revenue growth 5Y	7.66%

Metric

Value

EPS growth

21.01%

EPS growth (Q)

1.39%

EPS growth (QoQ)

153.03%

EPS growth 3Y

6.62%

FCF growth

-12.17%

FCF growth (Q)

-37.03%

FCF growth (QoQ)

8.63%

FCF growth 3Y

6.82%

Net income growth

21%

Net income growth (Q)

1.39%

Net income growth (QoQ)

153.03%

Net income growth 3Y

6.62%

Net income growth 5Y

6.49%

OCF growth

-2.15%

OCF growth (Q)

-26.73%

OCF growth (QoQ)

0.1%

OCF growth 3Y

10.74%

OCF growth 5Y

14.71%

Revenue growth

3.73%

Revenue growth (Q)

-2.6%

Revenue growth (QoQ)

30.4%

Revenue growth 3Y

5.75%

Revenue growth 5Y

7.66%

Metric	Value
Capital expenditures	AED -10.3B
Depreciation and amortization	AED 261.4M
EBIT	AED 11.1B
EBITDA	AED 17.8B
EPS	AED 0.18
FCF per share	AED 0.20
Financing cash flow	AED -6.3B
Free cash flow	AED 10.1B
Gross profit	AED 13.1B
Income taxes	AED 939.3M
Investing cash flow	AED -12.3B
Net borrowing	AED 6.9B
Net cash flow	AED 1.9B
Net income	AED 8.8B
Operating income	AED 11.1B
Revenue	AED 33.1B

Metric

Value

Capital expenditures

AED -10.3B

Depreciation and amortization

AED 261.4M

EBIT

AED 11.1B

EBITDA

AED 17.8B

EPS

AED 0.18

FCF per share

AED 0.20

Financing cash flow

AED -6.3B

Free cash flow

AED 10.1B

Gross profit

AED 13.1B

Income taxes

AED 939.3M

Investing cash flow

AED -12.3B

Net borrowing

AED 6.9B

Net cash flow

AED 1.9B

Net income

AED 8.8B

Operating income

AED 11.1B

Revenue

AED 33.1B

Metric	Value
Book value per share	AED 1.73
Debt / EBITDA	2.49
Debt / equity	0.48
Debt / FCF	4.38
Interest coverage	6.17
Long-term assets	AED 173.7B
Long-term liabilities	AED 78.9B
Net cash (debt)	AED -26.4B
Net cash / market cap	-19.5%
Net debt / EBITDA	1.49
Net debt / equity	0.29
Net debt / FCF	2.61
Piotroski F-Score	5
Property, plant and equipment	AED 164.6B
Shareholders' equity	AED 92.7B
Tangible book value	AED 85.8B
Tangible book value per share	AED 1.72
Total assets	AED 198.4B
Total cash	AED 17.9B
Total debt	AED 44.4B
Total liabilities	AED 105.8B
WACC	4.94%

Metric

Value

Book value per share

AED 1.73

Debt / EBITDA

2.49

Debt / equity

0.48

Debt / FCF

4.38

Interest coverage

6.17

Long-term assets

AED 173.7B

Long-term liabilities

AED 78.9B

Net cash (debt)

AED -26.4B

Net cash / market cap

-19.5%

Net debt / EBITDA

1.49

Net debt / equity

0.29

Net debt / FCF

2.61

Piotroski F-Score

Property, plant and equipment

AED 164.6B

Shareholders' equity

AED 92.7B

Tangible book value

AED 85.8B

Tangible book value per share

AED 1.72

Total assets

AED 198.4B

Total cash

AED 17.9B

Total debt

AED 44.4B

Total liabilities

AED 105.8B

WACC

4.94%

Metric	Value
Asset turnover	0.17
Current assets	AED 24.7B
Current liabilities	AED 26.8B
Current ratio	0.92
Inventory turnover	13.69
Net working capital	AED -13.4B
Quick ratio	0.84
Working capital	AED -2.1B
Working capital turnover	-8.08

Metric

Value

Asset turnover

0.17

Current assets

AED 24.7B

Current liabilities

AED 26.8B

Current ratio

0.92

Inventory turnover

13.69

Net working capital

AED -13.4B

Quick ratio

0.84

Working capital

AED -2.1B

Working capital turnover

-8.08

Metric	Value
Dividend growth	0%
Dividend growth (3Y)	-7.64%
Dividend growth years	0
Dividend payment date	2026-10-28
Dividend payment years	5
Dividend payout frequency	Semi-Annual
Dividend per share	AED 0.12
Dividend yield	4.58%
Ex-dividend date	2026-10-15
FCF payout ratio	61.28%
Last dividend	AED 0.06
Payout ratio	70.57%
Shareholder yield	4.58%

Metric

Value

Dividend growth

Dividend growth (3Y)

-7.64%

Dividend growth years

Dividend payment date

2026-10-28

Dividend payment years

Dividend payout frequency

Semi-Annual

Dividend per share

AED 0.12

Dividend yield

4.58%

Ex-dividend date

2026-10-15

FCF payout ratio

61.28%

Last dividend

AED 0.06

Payout ratio

70.57%

Shareholder yield

4.58%

Metric	Value
150-day SMA	AED 2.72
1D price change	-1.45%
1M total return	2.35%
1W price change	1.88%
1W total return	1.88%
1Y price change	-3.21%
1Y return CAGR	1.3%
1Y total return	1.3%
20-day SMA	AED 2.69
200-day SMA	AED 2.78
3M price change	0.74%
3M total return	3.11%
3Y price change	14.83%
3Y return CAGR	9.86%
3Y total return	32.58%
50-day SMA	AED 2.71
50-day SMA vs 200-day SMA	50under200
52-week high	AED 3.15
52-week high date	2026-01-27
52-week low	AED 2.47
52-week low date	2026-06-03
6M price change	1.12%
6M total return	3.5%
All-time high	AED 3.15
All-time high date	2026-01-27
All-time low	AED 2.20
All-time low date	2024-06-25
Average true range (ATR)	AED 0.05
Average volume	9M
Beta (1Y)	0.31
Beta (2Y)	0.22
Beta (5Y)	0.2
Change from 52-week high	-13.97%
Change from 52-week low	9.72%
Change from all-time high	-13.97%
Change from all-time low	23.18%
Change from open	-1.09%
Day's gap	-0.36%
Dollar volume	AED 14M
High price	AED 2.74
Low price	AED 2.67
Monthly RSI	49.73
Open price	AED 2.74
Position in 52-week range	57.14%
Previous close	AED 2.75
Price vs 150-day SMA	-0.18%
Price vs 20-day SMA	0.93%
Price vs 200-day SMA	-2.41%
Price vs 50-day SMA	-0.04%
Relative volume	0.57
RSI	49.24
Sharpe ratio	0
Sharpe ratio (3Y)	0.35
Sortino ratio	0.24
Sortino ratio (3Y)	0.8
Volume	5.2M
Weekly RSI	47.24
YTD price change	-2.17%
YTD total return	2.39%

Metric

Value

150-day SMA

AED 2.72

1D price change

-1.45%

1M total return

2.35%

1W price change

1.88%

1W total return

1.88%

1Y price change

-3.21%

1Y return CAGR

1.3%

1Y total return

1.3%

20-day SMA

AED 2.69

200-day SMA

AED 2.78

3M price change

0.74%

3M total return

3.11%

3Y price change

14.83%

3Y return CAGR

9.86%

3Y total return

32.58%

50-day SMA

AED 2.71

50-day SMA vs 200-day SMA

50under200

52-week high

AED 3.15

52-week high date

2026-01-27

52-week low

AED 2.47

52-week low date

2026-06-03

6M price change

1.12%

6M total return

3.5%

All-time high

AED 3.15

All-time high date

2026-01-27

All-time low

AED 2.20

All-time low date

2024-06-25

Average true range (ATR)

AED 0.05

Average volume

Beta (1Y)

0.31

Beta (2Y)

0.22

Beta (5Y)

0.2

Change from 52-week high

-13.97%

Change from 52-week low

9.72%

Change from all-time high

-13.97%

Change from all-time low

23.18%

Change from open

-1.09%

Day's gap

-0.36%

Dollar volume

AED 14M

High price

AED 2.74

Low price

AED 2.67

Monthly RSI

49.73

Open price

AED 2.74

Position in 52-week range

57.14%

Previous close

AED 2.75

Price vs 150-day SMA

-0.18%

Price vs 20-day SMA

0.93%

Price vs 200-day SMA

-2.41%

Price vs 50-day SMA

-0.04%

Relative volume

0.57

RSI

49.24

Sharpe ratio

Sharpe ratio (3Y)

0.35

Sortino ratio

0.24

Sortino ratio (3Y)

0.8

Volume

5.2M

Weekly RSI

47.24

YTD price change

-2.17%

YTD total return

2.39%

Metric	Value
Float	9B
Shares change (QoQ)	0%
Shares held by institutions	84.57%
Shares outstanding	50B

Metric

Value

Float

Shares change (QoQ)

Shares held by institutions

84.57%

Shares outstanding

50B

DFM/DEWA (DFM/DEWA)

Price

Financial snapshot

Fair-value bridge

Latest news · DFM/DEWA

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All DFM/DEWA indicators

Profile and market data

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Profitability

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Performance and technicals

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Frequently asked questions