Dubai Electricity & Water Authority PJSC (DFM:DEWA) EV-to-EBITDA: 9.11 (As of Sep. 20, 2026) — Near Median

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DFM:DEWA Dubai Electricity & Water Authority PJSC DFM:DEWA
85 GF Score
Price د.إ2.72
GF Value د.إ2.82
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Dubai Electricity & Water Authority PJSC EV-to-EBITDA?

Dubai Electricity & Water Authority PJSC DFM:DEWA -1.45% 85 EV-to-EBITDA is 9.11 as of Sep. 20, 2026, which is 9% below its 10-year median of 9.97. 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. Among 474 Utilities - Regulated companies, Dubai Electricity & Water Authority PJSC ranks worse than 51.05% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Dubai Electricity & Water Authority PJSC's enterprise value is د.إ173,667 Mil. Dubai Electricity & Water Authority PJSC's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was د.إ19,056 Mil. Therefore, Dubai Electricity & Water Authority PJSC's EV-to-EBITDA for today is 9.11.

The historical rank and industry rank for Dubai Electricity & Water Authority PJSC's EV-to-EBITDA or its related term are showing as below:

DFM:DEWA' s EV-to-EBITDA Range Over the Past 10 Years
Min: 8.68   Med: 9.97   Max: 13.61
Current: 9.23

During the past 13 years, the highest EV-to-EBITDA of Dubai Electricity & Water Authority PJSC was 13.61. The lowest was 8.68. And the median was 9.97.

DFM:DEWA's EV-to-EBITDA is ranked worse than
51.05% of 474 companies
in the Utilities - Regulated industry
Industry Median: 9.165 vs DFM:DEWA: 9.23

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-09-20), Dubai Electricity & Water Authority PJSC's stock price is د.إ2.72. Dubai Electricity & Water Authority PJSC's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was د.إ0.176. Therefore, Dubai Electricity & Water Authority PJSC's PE Ratio (TTM) for today is 15.45.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Dubai Electricity & Water Authority PJSC  (DFM:DEWA) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Dubai Electricity & Water Authority PJSC's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.72/0.176
=15.45

Dubai Electricity & Water Authority PJSC's share price for today is د.إ2.72.
Dubai Electricity & Water Authority PJSC's Earnings per Share (Diluted) 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.إ0.176.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Dubai Electricity & Water Authority PJSC EV-to-EBITDA Related Terms


Dubai Electricity & Water Authority PJSC EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Dubai Electricity & Water Authority PJSC's EV-to-EBITDA 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 EV-to-EBITDA Chart

Dubai Electricity & Water Authority PJSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 10.38 9.96 10.44 9.11

Dubai Electricity & Water Authority PJSC Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA 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 10.26 9.23 9.11 8.89 9.20

DFM:DEWA vs SRE, AES: EV-to-EBITDA Comparison

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

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

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


DFM:DEWA
85GF Score
Dubai Electricity & Water Authority PJSC DFM:DEWA
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dubai Electricity & Water Authority PJSC EV-to-EBITDA Calculation

Dubai Electricity & Water Authority PJSC's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=173667.451/19056.496
=9.11

Dubai Electricity & Water Authority PJSC's current Enterprise Value is د.إ173,667 Mil.
Dubai Electricity & Water Authority PJSC's EBITDA 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.إ19,056 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 EV-to-EBITDA →
What does a EV-to-EBITDA of 9.11 mean?
Dubai Electricity & Water Authority PJSC (DFM:DEWA) has a EV-to-EBITDA of 9.11 as of Sep. 20, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Dubai Electricity & Water Authority PJSC. This is near median its historical median of 9.97. Over the past decade, Dubai Electricity & Water Authority PJSC's EV-to-EBITDA has ranged from 8.68 to 13.61. According to the industry distribution chart, Dubai Electricity & Water Authority PJSC ranks #242 out of 474 companies in the Utilities - Regulated industry, placing it in the top 51.1%.
Is Dubai Electricity & Water Authority PJSC's EV-to-EBITDA too high?
Dubai Electricity & Water Authority PJSC's current EV-to-EBITDA of 9.11 is near median its 10-year median of 9.97. Over the past 10 years, this metric has ranged from a low of 8.68 to a high of 13.61. The Utilities - Regulated industry median EV-to-EBITDA is 9.17. Dubai Electricity & Water Authority PJSC's value of 9.11 is 0.6% below this industry median. Based on the distribution chart, Dubai Electricity & Water Authority PJSC ranks #242 out of 474 companies in the Utilities - Regulated industry, which is below the industry midpoint. 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 EV-to-EBITDA compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Dubai Electricity & Water Authority PJSC ranks #242 out of 474 companies for EV-to-EBITDA. This places Dubai Electricity & Water Authority PJSC in the lower half of its industry. The industry median EV-to-EBITDA is 9.17. Dubai Electricity & Water Authority PJSC's value of 9.11 is 0.6% below this benchmark. Historically, Dubai Electricity & Water Authority PJSC's own EV-to-EBITDA has ranged from 8.68 to 13.61 over the past decade. While the company's 10-year median is 9.97 vs. the industry median of 9.17, Dubai Electricity & Water Authority PJSC has consistently been below 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 EV-to-EBITDA for an Utilities - Regulated company?
The median EV-to-EBITDA among Utilities - Regulated companies is 9.17, based on 474 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dubai Electricity & Water Authority PJSC's current EV-to-EBITDA of 9.11 is 0.6% below 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Dubai Electricity & Water Authority PJSC. For the Utilities - Regulated industry, the median EV-to-EBITDA is 9.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dubai Electricity & Water Authority PJSC's current EV-to-EBITDA is 9.11, which is near median its own 10-year median of 9.97. 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.إ2.72 — trading 3.5% below its estimated fair value. The current EV-to-EBITDA is 9.11, which is near median its 10-year median of 9.97 and 0.6% below the Utilities - Regulated industry median of 9.17. 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 EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Dubai Electricity & Water Authority PJSC (DFM:DEWA), the current EV-to-EBITDA is 9.11 as of Sep. 20, 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.إ2.72 is trading 3.5% 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:

  • EV-to-EBITDA: 9.11 (near median its 10-year median of 9.97)
  • GF Value™: د.إ2.82 vs. price of د.إ2.72 (3.5% below fair value)
  • GF Score™: 85/100 with 7 warning signs
  • Industry Position: 0.6% below the Utilities - Regulated median (#242 of 474)

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

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

د.إ2.72
Price
د.إ2.82
GF Value