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, IWPP, and Others. It is involved in the water desalination, transmission, and distribution business; provision of district cooling; maintenance of central cooling plants; manufacture and sale of insulated pipes; development, operation, and maintenance of power and water plants under the independent water and power producer (IWPP) model; and purification and sale of potable water. The company also provides information technology and infrastructure, networking, computer system housing, and data entry services; investment and management services for commercial, industrial, retail trade, and energy enterprises; communication equipment, software design, data classification and analysis, and data centre co-location services; information technology network services; air conditioning, ventilation, and air filtration system installation and maintenance services; project development consultant services; desalination and sewage treatment plant operation and maintenance services; and parking management electronic systems installation and maintenance services. In addition, it implements energy measures in buildings; and manages and operates satellite. Further, the company provides satellite; wired and wireless communication system installation; energy projects engineering consultancy and carbon control systems trading; solar energy systems rental and installation; 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 | |
---|---|---|---|---|
P/E Ratio | 19.9x | 16.0x | 12.0x | |
PEG Ratio | −2.06 | 0.13 | 0.02 | |
Price/Book | 1.6x | 1.4x | 1.3x | |
Price / LTM Sales | 4.4x | 2.3x | 1.5x | |
Upside (Analyst Target) | 7.2% | 6.9% | 13.1% | |
Fair Value Upside | Unlock | −10.5% | 5.2% | Unlock |