Dubai Electricity & Water Authority PJSC (DFM:DEWA) EBIT: د.إ11,999 Mil (TTM As of Jun. 2026)

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DFM:DEWA Dubai Electricity & Water Authority PJSC DFM:DEWA
85 GF Score
Price د.إ2.76
GF Value د.إ2.82
Valuation Fairly Valued
! 7 Warning Signs
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What is Dubai Electricity & Water Authority PJSC EBIT?

Dubai Electricity & Water Authority PJSC DFM:DEWA +0.36% 85 EBIT is د.إ11,999 Mil as of Jun. 2026. GuruFocus rates DFM:DEWA with a GF Score™ of 85/100 and a GF Value™ of د.إ2.82 (Fairly Valued). The stock has 7 warning signs investors should review.

Dubai Electricity & Water Authority PJSC's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2026 was د.إ3,118 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was د.إ11,999 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dubai Electricity & Water Authority PJSC's annualized ROC % for the quarter that ended in Jun. 2026 was 4.96%. Dubai Electricity & Water Authority PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 7.59%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Dubai Electricity & Water Authority PJSC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 6.83%.

Dubai Electricity & Water Authority PJSC  (DFM:DEWA) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Dubai Electricity & Water Authority PJSC's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=10635.204 * ( 1 - 8.505% )/( (195393.216 + 196706.976)/ 2 )
=9730.6798998/196050.096
=4.96 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=197308.11 - 4111.122 - ( 16032.997 - max(0, 26547.028 - 24350.8+16032.997))
=195393.216

Invested Capital(Q: Jun. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=198436.727 - 3812.439 - ( 14007.979 - max(0, 26817.004 - 24734.316+14007.979))
=196706.976

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Dubai Electricity & Water Authority PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=12470.768/( ( (163970.101 + max(-11895.322, 0)) + (164557.202 + max(-9599.059, 0)) )/ 2 )
=12470.768/( ( 163970.101 + 164557.202 )/ 2 )
=12470.768/164263.6515
=7.59 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3233.895 + 1487.601 + 3596.307) - (4111.122 + 3366.292 + 12735.711)
=-11895.322

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4523.72 + 1467.408 + 4735.209) - (3812.439 + 3433.142 + 13079.815)
=-9599.059

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Dubai Electricity & Water Authority PJSC's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2026 )
=11998.722/175667.451
=6.83 %

* 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.

Dubai Electricity & Water Authority PJSC EBIT Related Terms

Dubai Electricity & Water Authority PJSC EBIT Historical Data

* Premium members only.

The historical data trend for Dubai Electricity & Water Authority PJSC's EBIT 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.

Dubai Electricity & Water Authority PJSC EBIT Chart

Dubai Electricity & Water Authority PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,366.59 8,689.59 9,458.90 10,116.95 11,829.92

Dubai Electricity & Water Authority PJSC Quarterly Data
Dec11 Dec12 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EBIT 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 3,066.41 4,699.14 3,051.43 1,368.37 3,117.69

DFM:DEWA vs SRE, AES: EBIT Comparison

For the Utilities - Diversified subindustry, Dubai Electricity & Water Authority PJSC's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.

Dubai Electricity & Water Authority PJSC EV-to-EBIT vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Dubai Electricity & Water Authority PJSC's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Dubai Electricity & Water Authority PJSC's EV-to-EBIT falls into.


DFM:DEWA
85GF Score
Dubai Electricity & Water Authority PJSC DFM:DEWA
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Dubai Electricity & Water Authority PJSC EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ11,999 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of د.إ11,999 Mil mean?
Dubai Electricity & Water Authority PJSC (DFM:DEWA) has a EBIT of د.إ11,999 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Dubai Electricity & Water Authority PJSC.
Is Dubai Electricity & Water Authority PJSC's EBIT too high?
Dubai Electricity & Water Authority PJSC's current EBIT is د.إ11,999 Mil. Overall, Dubai Electricity & Water Authority PJSC has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dubai Electricity & Water Authority PJSC's EBIT compare to SRE and AES?
Dubai Electricity & Water Authority PJSC's EBIT of د.إ11,999 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Utilities - Regulated company?
A good EBIT depends on the Utilities - Regulated industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Dubai Electricity & Water Authority PJSC. Dubai Electricity & Water Authority PJSC's current EBIT is د.إ11,999 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dubai Electricity & Water Authority PJSC stock overvalued right now?
Based on GuruFocus' analysis, Dubai Electricity & Water Authority PJSC (DFM:DEWA) is currently considered Fairly Valued. The stock's GF Value™ is د.إ2.82, compared to a current price of د.إ2.76 — trading 2.1% below its estimated fair value. The current EBIT is د.إ11,999 Mil. Dubai Electricity & Water Authority PJSC's overall GF Score™ is 85/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Dubai Electricity & Water Authority PJSC (DFM:DEWA), the current EBIT is د.إ11,999 Mil as of Jun. 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 Dubai Electricity & Water Authority PJSC (DFM:DEWA) Overvalued in 2026?

Based on GuruFocus' analysis, Dubai Electricity & Water Authority PJSC stock appears to be undervalued. The current stock price of د.إ2.76 is trading 2.1% below its estimated GF Value™ of د.إ2.82. GuruFocus considers Dubai Electricity & Water Authority PJSC to be Fairly Valued.

Key valuation signals for DFM:DEWA:

  • EBIT: د.إ11,999 Mil
  • GF Value™: د.إ2.82 vs. price of د.إ2.76 (2.1% below fair value)
  • GF Score™: 85/100 with 7 warning signs

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

Dubai Electricity & Water Authority PJSC Business Description

Address Sheikh Rashid Road, Umm Hurair 2, P.O. Box 564, Happiness Center Zaabeel East, Umm Hureir, Dubai, ARE
Dubai Electricity & Water Authority PJSC is engaged in water desalination and distribution and its generation, transmission, and distribution of electricity, throughout the Emirate of Dubai. The company operates into four segments; DEWA is engaged in the generation, transmission, and distribution of electricity and water desalination, transmission and distribution to residential, commercial, industrial, and government; EMPOWER is engaged in the provision of district cooling, maintenance of central cooling plants and manufacturing and sale of insulated pipes; IWPP is engaged in the development, operation and maintenance of power and water plants; and Others operations include purification and sale of potable water, and other. It generates maximum revenue from the DEWA segment.
85GF Score

Get the complete analysis for DFM:DEWA

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ2.76
Price
د.إ2.82
GF Value