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DFM:DEWA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.93 Med: 8.54 Max: 10
Current: 10
During the past 13 years, Dubai Electricity & Water Authority PJSC's highest Return-on-Tangible-Equity was 10.00%. The lowest was 5.93%. And the median was 8.54%.
DFM:DEWA's Return-on-Tangible-Equity is ranked worse than 55.56% of 495
companies
in the Utilities - Regulated industry
Industry Median: 11.23
vs DFM:DEWA: 10.00
Dubai Electricity & Water Authority PJSC (DFM:DEWA) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Dubai Electricity & Water Authority PJSC Return-on-Tangible-Equity Related Terms
Dubai Electricity & Water Authority PJSC Return-on-Tangible-Equity Historical Data
* 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 Return-on-Tangible-Equity Chart
Dubai Electricity & Water Authority PJSC Annual Data
DFM:DEWA vs SRE, AES: Return-on-Tangible-Equity Comparison
For the Utilities - Diversified subindustry, Dubai Electricity & Water Authority PJSC's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Dubai Electricity & Water Authority PJSC's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Dubai Electricity & Water Authority PJSC's Return-on-Tangible-Equity falls into.
* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 9.91% mean?
Dubai Electricity & Water Authority PJSC (DFM:DEWA) has a Return-on-Tangible-Equity of 9.91% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Dubai Electricity & Water Authority PJSC and its competitors. This is 16% above median its historical median of 8.54. Over the past decade, Dubai Electricity & Water Authority PJSC's Return-on-Tangible-Equity has ranged from 5.93 to 10.00. According to the industry distribution chart, Dubai Electricity & Water Authority PJSC ranks #275 out of 495 companies in the Utilities - Regulated industry, placing it in the top 55.6%.
Is Dubai Electricity & Water Authority PJSC's Return-on-Tangible-Equity too high?
Dubai Electricity & Water Authority PJSC's current Return-on-Tangible-Equity of 9.91% is 16% above median its 10-year median of 8.54. Over the past 10 years, this metric has ranged from a low of 5.93 to a high of 10.00. The Utilities - Regulated industry median Return-on-Tangible-Equity is 11.23. Dubai Electricity & Water Authority PJSC's value of 9.91% is 11.8% below this industry median. Based on the distribution chart, Dubai Electricity & Water Authority PJSC ranks #275 out of 495 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 Return-on-Tangible-Equity compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Dubai Electricity & Water Authority PJSC ranks #275 out of 495 companies for Return-on-Tangible-Equity. This places Dubai Electricity & Water Authority PJSC in the lower half of its industry. The industry median Return-on-Tangible-Equity is 11.23. Dubai Electricity & Water Authority PJSC's value of 9.91% is 11.8% below this benchmark. Historically, Dubai Electricity & Water Authority PJSC's own Return-on-Tangible-Equity has ranged from 5.93 to 10.00 over the past decade. While the company's 10-year median is 8.54 vs. the industry median of 11.23, 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 Return-on-Tangible-Equity for an Utilities - Regulated company?
The median Return-on-Tangible-Equity among Utilities - Regulated companies is 11.23, based on 495 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dubai Electricity & Water Authority PJSC's current Return-on-Tangible-Equity of 9.91% is 11.8% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Dubai Electricity & Water Authority PJSC and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 11.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dubai Electricity & Water Authority PJSC's current Return-on-Tangible-Equity is 9.91%, which is 16% above median its own 10-year median of 8.54. 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 Return-on-Tangible-Equity is 9.91%, which is 16% above median its 10-year median of 8.54 and 11.8% below the Utilities - Regulated industry median of 11.23. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Dubai Electricity & Water Authority PJSC (DFM:DEWA), the current Return-on-Tangible-Equity is 9.91% 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:
Return-on-Tangible-Equity: 9.91% (16% above median its 10-year median of 8.54)
GF Value™: د.إ2.82 vs. price of د.إ2.76 (2.1% below fair value)
Industry Position: 11.8% below the Utilities - Regulated median (#275 of 495)
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 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
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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