AED 2.75
Key Takeaways
Risk factor
Negligible price volatility
Profitability factor
Decent dividends
About
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...
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. Specifically, the stock is fairly valued on P/E, neutral on EV/EBIT
Target Price
The average target price of DEWA.AE is 2.9 and suggests 7% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation