Emirates Central Cooling Systems PJSC (DFM:EMPOWER) Earnings Yield (Joel Greenblatt) %: 7.66% (As of Mar. 2026) — 28% Above Median

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DFM:EMPOWER Emirates Central Cooling Systems Corp PJSC DFM:EMPOWER
83 GF Score
Price د.إ1.58
GF Value د.إ1.87
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Emirates Central Cooling Systems PJSC Earnings Yield (Joel Greenblatt) %?

Emirates Central Cooling Systems PJSC DFM:EMPOWER -1.25% 83 Earnings Yield (Joel Greenblatt) % is 7.66% as of Mar. 2026, which is 28% above its 10-year median of 5.98. GuruFocus rates DFM:EMPOWER with a GF Score™ of 83/100 and a GF Value™ of د.إ1.87 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 510 Utilities - Regulated companies, Emirates Central Cooling Systems PJSC ranks better than 56.08% on this metric.

Emirates Central Cooling Systems PJSC's Enterprise Value for the quarter that ended in Mar. 2026 was د.إ18,049 Mil. Emirates Central Cooling Systems PJSC's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was د.إ1,382 Mil. Emirates Central Cooling Systems PJSC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 7.66%.

The historical rank and industry rank for Emirates Central Cooling Systems PJSC's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

DFM:EMPOWER' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.07   Med: 5.98   Max: 7.49
Current: 7.34

During the past 7 years, the highest Earnings Yield (Joel Greenblatt) of Emirates Central Cooling Systems PJSC was 7.49%. The lowest was 5.07%. And the median was 5.98%.

DFM:EMPOWER's Earnings Yield (Joel Greenblatt) % is ranked better than
56.08% of 510 companies
in the Utilities - Regulated industry
Industry Median: 6.5 vs DFM:EMPOWER: 7.34

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Emirates Central Cooling Systems PJSC's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


Emirates Central Cooling Systems PJSC  (DFM:EMPOWER) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Emirates Central Cooling Systems PJSC Earnings Yield (Joel Greenblatt) % Related Terms


Emirates Central Cooling Systems PJSC Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Emirates Central Cooling Systems PJSC's Earnings Yield (Joel Greenblatt) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Emirates Central Cooling Systems PJSC Earnings Yield (Joel Greenblatt) % Chart

Emirates Central Cooling Systems PJSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial 0.00 6.46 5.61 5.68 7.06

Emirates Central Cooling Systems PJSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.22 6.21 6.46 7.06 7.66

DFM:EMPOWER vs AWK, WTRG, AWR: Earnings Yield (Joel Greenblatt) % Comparison

For the Utilities - Regulated Water subindustry, Emirates Central Cooling Systems PJSC's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Emirates Central Cooling Systems PJSC Earnings Yield (Joel Greenblatt) % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Emirates Central Cooling Systems PJSC's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Emirates Central Cooling Systems PJSC's Earnings Yield (Joel Greenblatt) % falls into.


DFM:EMPOWER
83GF Score
Emirates Central Cooling Systems Corp PJSC DFM:EMPOWER
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Emirates Central Cooling Systems PJSC Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

Emirates Central Cooling Systems PJSCs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=1321.342/18711.942
=7.06 %

Emirates Central Cooling Systems PJSC's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ1,382 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 7.66% mean?
Emirates Central Cooling Systems PJSC (DFM:EMPOWER) has a Earnings Yield (Joel Greenblatt) % of 7.66% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Emirates Central Cooling Systems PJSC and its competitors. This is 28% above median its historical median of 5.98. Over the past decade, Emirates Central Cooling Systems PJSC's Earnings Yield (Joel Greenblatt) % has ranged from 5.07 to 7.49. According to the industry distribution chart, Emirates Central Cooling Systems PJSC ranks #224 out of 510 companies in the Utilities - Regulated industry, placing it in the top 43.9%.
Is Emirates Central Cooling Systems PJSC's Earnings Yield (Joel Greenblatt) % too high?
Emirates Central Cooling Systems PJSC's current Earnings Yield (Joel Greenblatt) % of 7.66% is 28% above median its 10-year median of 5.98. Over the past 10 years, this metric has ranged from a low of 5.07 to a high of 7.49. The Utilities - Regulated industry median Earnings Yield (Joel Greenblatt) % is 6.50. Emirates Central Cooling Systems PJSC's value of 7.66% is 17.8% above this industry median. Based on the distribution chart, Emirates Central Cooling Systems PJSC ranks #224 out of 510 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Emirates Central Cooling Systems PJSC has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Emirates Central Cooling Systems PJSC's Earnings Yield (Joel Greenblatt) % compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Emirates Central Cooling Systems PJSC ranks #224 out of 510 companies for Earnings Yield (Joel Greenblatt) %. This puts Emirates Central Cooling Systems PJSC in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.50. Emirates Central Cooling Systems PJSC's value of 7.66% is 17.8% above this benchmark. Historically, Emirates Central Cooling Systems PJSC's own Earnings Yield (Joel Greenblatt) % has ranged from 5.07 to 7.49 over the past decade. While the company's 10-year median is 5.98 vs. the industry median of 6.50, Emirates Central Cooling Systems PJSC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for an Utilities - Regulated company?
The median Earnings Yield (Joel Greenblatt) % among Utilities - Regulated companies is 6.50, based on 510 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Emirates Central Cooling Systems PJSC's current Earnings Yield (Joel Greenblatt) % of 7.66% is 17.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Emirates Central Cooling Systems PJSC and its competitors. For the Utilities - Regulated industry, the median Earnings Yield (Joel Greenblatt) % is 6.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emirates Central Cooling Systems PJSC's current Earnings Yield (Joel Greenblatt) % is 7.66%, which is 28% above median its own 10-year median of 5.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emirates Central Cooling Systems PJSC stock overvalued right now?
Based on GuruFocus' analysis, Emirates Central Cooling Systems PJSC (DFM:EMPOWER) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ1.87, compared to a current price of د.إ1.58 — trading 15.5% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 7.66%, which is 28% above median its 10-year median of 5.98 and 17.8% above the Utilities - Regulated industry median of 6.50. Emirates Central Cooling Systems PJSC's overall GF Score™ is 83/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Emirates Central Cooling Systems PJSC (DFM:EMPOWER), the current Earnings Yield (Joel Greenblatt) % is 7.66% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Emirates Central Cooling Systems PJSC (DFM:EMPOWER) Overvalued in 2026?

Based on GuruFocus' analysis, Emirates Central Cooling Systems PJSC stock appears to be undervalued. The current stock price of د.إ1.58 is trading 15.5% below its estimated GF Value™ of د.إ1.87. GuruFocus considers Emirates Central Cooling Systems PJSC to be Modestly Undervalued.

Key valuation signals for DFM:EMPOWER:

  • Earnings Yield (Joel Greenblatt) %: 7.66% (28% above median its 10-year median of 5.98)
  • GF Value™: د.إ1.87 vs. price of د.إ1.58 (15.5% below fair value)
  • GF Score™: 83/100 with 5 warning signs
  • Industry Position: 17.8% above the Utilities - Regulated median (#224 of 510)

No single metric tells the full story. See the DFM:EMPOWER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Emirates Central Cooling Systems PJSC Business Description

Address Block A, Jumeirah Beach Road, 2nd December Street, PO Box 8081, Al Hudaiba Awards Building, 8th Floor, Opposite Etihad Museum, Dubai, ARE
Emirates Central Cooling Systems Corp PJSC offers district cooling services, and management, operation, and maintenance of central cooling plants and related distribution networks. The group has two operating and reportable segments: Chilled water and Pre-insulated pipe business. The majority of its revenue is generated from the Chilled water segment, which constructs, owns, assembles, installs, operates, and maintains cooling and conditioning systems. In addition, it distributes and sells chilled water for use in district cooling technologies. The Pre-insulated pipe business is involved in manufacturing, assembling, and selling activities relating to the expansion of the group's chilled water business. Geographically, the group generates all of its revenue from the United Arab Emirates.
83GF Score

Get the complete analysis for DFM:EMPOWER

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ1.58
Price
د.إ1.87
GF Value