Dubai Electricity and Water Authority (PJSC) generates, transmits, and distributes electricity for residential, commercial, industrial, and government customers primarily in Dubai. The company operates through four segments: DEWA, EMPOWER, IPP, and Others. It is involved in the water desalination, transmission, and distribution business; provision and maintenance of cooling plants; development, operation, and maintenance of power and water plants under the independent water producer (IPP) model; and purification and sale of potable water. The company also provides information technology infrastructure, networking, computer system housing, and data entry services; communication equipment, software design, data classification and analysis, and data centre co-location services; air conditioning, ventilation, and air filtration system installation, and maintenance services; project development and consultant services; desalination and sewage treatment plant operation and maintenance services; and parking management electronic systems installation and maintenance services. In addition, it invests and manages commercial, industrial, retail trade, and energy enterprises; implements energy measures in buildings; manufactures insulated pipes; and manages and operates satellite. Additionally, the company provides satellite services; wired and wireless communication system installation; energy projects engineering consultancy and carbon control systems trading services; solar energy systems rental and installation services; and space situational tracking, monitoring, awareness services. Dubai Electricity and Water Authority (PJSC) was founded in 1959 and is headquartered in Dubai, the United Arab Emirates.
Metrics to compare | DEWAA | Sector Sector - Average of metrics from a broad group of related Utilities sector companies | Relationship RelationshipDEWAAPeersSector | |
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P/E Ratio | 16.5x | 21.2x | 12.3x | |
PEG Ratio | 4.16 | 0.11 | 0.02 | |
Price/Book | 1.4x | 2.0x | 1.3x | |
Price / LTM Sales | 4.1x | 3.4x | 1.7x | |
Upside (Analyst Target) | 20.2% | 9.9% | 12.1% | |
Fair Value Upside | Unlock | −9.0% | 0.8% | Unlock |