Emirates Central Cooling Systems PJSC (DFM:EMPOWER) Return-on-Tangible-Equity: 28.75% (As of Mar. 2026) — 11% Above Median


DFM:EMPOWER Emirates Central Cooling Systems Corp PJSC DFM:EMPOWER
79 GF Score
Price د.إ1.64
GF Value د.إ1.86
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Emirates Central Cooling Systems PJSC Return-on-Tangible-Equity?

Emirates Central Cooling Systems PJSC DFM:EMPOWER 79 Return-on-Tangible-Equity is 28.75% as of Mar. 2026, which is 11% above its 10-year median of 25.84. GuruFocus rates DFM:EMPOWER with a GF Score™ of 79/100 and a GF Value™ of د.إ1.86 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 496 Utilities - Regulated companies, Emirates Central Cooling Systems PJSC ranks better than 85.48% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Emirates Central Cooling Systems PJSC's annualized net income for the quarter that ended in Mar. 2026 was د.إ828 Mil. Emirates Central Cooling Systems PJSC's average shareholder tangible equity for the quarter that ended in Mar. 2026 was د.إ2,882 Mil. Therefore, Emirates Central Cooling Systems PJSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 28.75%.

The historical rank and industry rank for Emirates Central Cooling Systems PJSC's Return-on-Tangible-Equity or its related term are showing as below:

DFM:EMPOWER' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 18.99   Med: 25.84   Max: 36.97
Current: 36.97

During the past 7 years, Emirates Central Cooling Systems PJSC's highest Return-on-Tangible-Equity was 36.97%. The lowest was 18.99%. And the median was 25.84%.

DFM:EMPOWER's Return-on-Tangible-Equity is ranked better than
85.48% of 496 companies
in the Utilities - Regulated industry
Industry Median: 10.91 vs DFM:EMPOWER: 36.97

Emirates Central Cooling Systems PJSC  (DFM:EMPOWER) 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.


Emirates Central Cooling Systems PJSC Return-on-Tangible-Equity Related Terms


Emirates Central Cooling Systems PJSC Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Emirates Central Cooling Systems PJSC's Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Chart

Emirates Central Cooling Systems PJSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial 18.99 25.84 34.75 31.61 33.87

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
Return-on-Tangible-Equity 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 20.99 37.67 38.02 40.84 28.75

DFM:EMPOWER vs AWK, WTRG, AWR: Return-on-Tangible-Equity Comparison

For the Utilities - Regulated Water subindustry, Emirates Central Cooling Systems 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.


Emirates Central Cooling Systems PJSC Return-on-Tangible-Equity vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Emirates Central Cooling Systems PJSC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Emirates Central Cooling Systems PJSC's Return-on-Tangible-Equity falls into.


DFM:EMPOWER
79GF Score
Emirates Central Cooling Systems Corp PJSC DFM:EMPOWER
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Emirates Central Cooling Systems PJSC Return-on-Tangible-Equity Calculation

Emirates Central Cooling Systems PJSC's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=993.302/( (2869.765+2995.265 )/ 2 )
=993.302/2932.515
=33.87 %

Emirates Central Cooling Systems PJSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=828.376/( (2995.265+2767.821)/ 2 )
=828.376/2881.543
=28.75 %

* 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 (Mar. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 28.75% mean?
Emirates Central Cooling Systems PJSC (DFM:EMPOWER) has a Return-on-Tangible-Equity of 28.75% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Emirates Central Cooling Systems PJSC and its competitors. This is 11% above median its historical median of 25.84. Over the past decade, Emirates Central Cooling Systems PJSC's Return-on-Tangible-Equity has ranged from 18.99 to 36.97. According to the industry distribution chart, Emirates Central Cooling Systems PJSC ranks #72 out of 496 companies in the Utilities - Regulated industry, placing it in the top 14.5%.
Is Emirates Central Cooling Systems PJSC's Return-on-Tangible-Equity too high?
Emirates Central Cooling Systems PJSC's current Return-on-Tangible-Equity of 28.75% is 11% above median its 10-year median of 25.84. Over the past 10 years, this metric has ranged from a low of 18.99 to a high of 36.97. The Utilities - Regulated industry median Return-on-Tangible-Equity is 10.91. Emirates Central Cooling Systems PJSC's value of 28.75% is 163.5% above this industry median. Based on the distribution chart, Emirates Central Cooling Systems PJSC ranks #72 out of 496 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Emirates Central Cooling Systems PJSC has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Emirates Central Cooling Systems PJSC's Return-on-Tangible-Equity compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Emirates Central Cooling Systems PJSC ranks #72 out of 496 companies for Return-on-Tangible-Equity. This places Emirates Central Cooling Systems PJSC in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.91. Emirates Central Cooling Systems PJSC's value of 28.75% is 163.5% above this benchmark. Historically, Emirates Central Cooling Systems PJSC's own Return-on-Tangible-Equity has ranged from 18.99 to 36.97 over the past decade. While the company's 10-year median is 25.84 vs. the industry median of 10.91, 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 Return-on-Tangible-Equity for an Utilities - Regulated company?
The median Return-on-Tangible-Equity among Utilities - Regulated companies is 10.91, based on 496 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. Emirates Central Cooling Systems PJSC's current Return-on-Tangible-Equity of 28.75% is 163.5% 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 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 Emirates Central Cooling Systems PJSC and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 10.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emirates Central Cooling Systems PJSC's current Return-on-Tangible-Equity is 28.75%, which is 11% above median its own 10-year median of 25.84. 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.إ1.86, compared to a current price of د.إ1.64 — trading 11.8% below its estimated fair value. The current Return-on-Tangible-Equity is 28.75%, which is 11% above median its 10-year median of 25.84 and 163.5% above the Utilities - Regulated industry median of 10.91. Emirates Central Cooling Systems PJSC's overall GF Score™ is 79/100 with 5 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 Emirates Central Cooling Systems PJSC (DFM:EMPOWER), the current Return-on-Tangible-Equity is 28.75% 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.إ1.64 is trading 11.8% below its estimated GF Value™ of د.إ1.86. GuruFocus considers Emirates Central Cooling Systems PJSC to be Modestly Undervalued.

Key valuation signals for DFM:EMPOWER:

  • Return-on-Tangible-Equity: 28.75% (11% above median its 10-year median of 25.84)
  • GF Value™: د.إ1.86 vs. price of د.إ1.64 (11.8% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 163.5% above the Utilities - Regulated median (#72 of 496)

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.
79GF Score

Get the complete analysis for DFM:EMPOWER

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

د.إ1.64
Price
د.إ1.86
GF Value