Ratings Dubai Electricity and Water Authority

Equities

DEWA

AED001801011

Market Closed - Dubai FM Other stock markets 06:59:54 2024-05-10 am EDT			5-day change	1st Jan Change
2.36 ^AED	+0.85%		-0.42%	-4.07%

May. 09	Dubai Electricity and Water Authority Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
May. 09	Dubai Electricity and Water Authority Posts Lower Q1 Attributable Profit; Revenue Up	MT

Strengths

The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
The group's activity appears highly profitable thanks to its outperforming net margins.
This company will be of major interest to investors in search of a high dividend stock.
Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
The opinion of analysts covering the stock has improved over the past four months.
Over the past twelve months, analysts' opinions have been strongly revised upwards.
There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
The divergence of price targets given by the various analysts who make up the consensus is relatively low, suggesting a consensus method of evaluating the company and its prospects.

Weaknesses

The potential for earnings per share (EPS) growth in the coming years appears limited according to current analyst estimates.
The company is in debt and has limited leeway for investment
Based on current prices, the company has particularly high valuation levels.

Ratings chart - Surperformance

Sector: Electric Utilities

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
DUBAI ELECTRICITY AND WATER AUTHORITY	-4.07%	32.13B		-
NEXTERA ENERGY	+21.49%	152B		C+
SOUTHERN COMPANY	+11.44%	85.44B		B-
IBERDROLA, S.A.	+2.86%	82.74B		B
DUKE ENERGY CORPORATION	+5.80%	79.24B		B+
ENEL S.P.A.	+0.37%	73.89B		B-
CONSTELLATION ENERGY CORPORATION	+83.87%	67.75B		C
AMERICAN ELECTRIC POWER COMPANY, INC.	+12.79%	48.29B		A-
GE VERNOVA INC.	0.00%	45.85B	-	-
DOMINION ENERGY, INC.	+12.91%	44.48B		A-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes