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Dubai Electricity & Water Authority PJSC (DFM:DEWA) Return-on-Tangible-Asset : 1.08% (As of Mar. 2025)


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What is Dubai Electricity & Water Authority PJSC Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Dubai Electricity & Water Authority PJSC's annualized Net Income for the quarter that ended in Mar. 2025 was د.إ1,991 Mil. Dubai Electricity & Water Authority PJSC's average total tangible assets for the quarter that ended in Mar. 2025 was د.إ185,131 Mil. Therefore, Dubai Electricity & Water Authority PJSC's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 1.08%.

The historical rank and industry rank for Dubai Electricity & Water Authority PJSC's Return-on-Tangible-Asset or its related term are showing as below:

DFM:DEWA' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.5   Med: 4.62   Max: 5.87
Current: 3.73

During the past 12 years, Dubai Electricity & Water Authority PJSC's highest Return-on-Tangible-Asset was 5.87%. The lowest was 3.50%. And the median was 4.62%.

DFM:DEWA's Return-on-Tangible-Asset is ranked better than
58.53% of 504 companies
in the Utilities - Regulated industry
Industry Median: 3.2 vs DFM:DEWA: 3.73

Dubai Electricity & Water Authority PJSC Return-on-Tangible-Asset Historical Data

The historical data trend for Dubai Electricity & Water Authority PJSC's Return-on-Tangible-Asset 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.

* Premium members only.

Dubai Electricity & Water Authority PJSC Return-on-Tangible-Asset Chart

Dubai Electricity & Water Authority PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.50 3.73 4.42 4.27 3.84

Dubai Electricity & Water Authority PJSC Quarterly Data
Dec16 Dec17 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Asset 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 1.43 4.09 6.22 3.56 1.08

Competitive Comparison of Dubai Electricity & Water Authority PJSC's Return-on-Tangible-Asset

For the Utilities - Diversified subindustry, Dubai Electricity & Water Authority PJSC's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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's Return-on-Tangible-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Dubai Electricity & Water Authority PJSC's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Dubai Electricity & Water Authority PJSC's Return-on-Tangible-Asset falls into.


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Dubai Electricity & Water Authority PJSC Return-on-Tangible-Asset Calculation

Dubai Electricity & Water Authority PJSC's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=7012.66/( (180495.41+184314.609)/ 2 )
=7012.66/182405.0095
=3.84 %

Dubai Electricity & Water Authority PJSC's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=1991.272/( (184314.609+185947.545)/ 2 )
=1991.272/185131.077
=1.08 %

* 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.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2025) net income data.


Dubai Electricity & Water Authority PJSC  (DFM:DEWA) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Dubai Electricity & Water Authority PJSC Return-on-Tangible-Asset Related Terms

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Dubai Electricity & Water Authority PJSC Business Description

Traded in Other Exchanges
N/A
Address
Sheikh Rashid Road, Umm Hurair 2, P.O. Box 564, Near Wafi Mall, Happiness Center Zaabeel East, 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 group is organized 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.

Dubai Electricity & Water Authority PJSC Headlines

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