DEWA: Dubai Electricity and Water Authority (PJSC) - Summary | Jitta

Dubai Electricity and Water Authority (PJSC)

ARE:DEWA

Price
AED2.74
Loss Chance
42.5%
6.07JITTA SCORE
34.64%Over Jitta Line
Jitta Ranking
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (63)
Recent Business Performance (91)
Financial Strength (80)
Return to Shareholders (2)
Competitive Advantage (56)
Jitta Signs
Revenue and EarningConsistent
Recent Business PerformanceEarning Growth Last Year
Operating MarginExpansion
Interest Coverage RatioGood
Cash Conversion CycleLess than 60 days
CapExVery High
Key Stats
Jitta Score
Jitta Line
6.07
34.64%
5.55
104.92%
4.97
87.19%
Multi-Utilities
5.03
175.20%
COMPANY DESCRIPTION
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; and parking management electronic systems installation and maintenance services. In addition, it implements energy efficiency 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, as well as invest and manage commercial, industrial, retail trade, real estate, healthcare, agricultural and educational enterprises. Dubai Electricity and Water Authority (PJSC) was founded in 1959 and is headquartered in Dubai, the United Arab Emirates.