Emirates Central Cooling Systems PJSC (DFM:EMPOWER) ROE %: 25.92% (As of Mar. 2026) — 10% Above Median


DFM:EMPOWER Emirates Central Cooling Systems Corp PJSC DFM:EMPOWER
79 GF Score
Price د.إ1.68
GF Value د.إ1.87
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Emirates Central Cooling Systems PJSC ROE %?

Emirates Central Cooling Systems PJSC DFM:EMPOWER +1.20% 79 ROE % is 25.92% as of Mar. 2026, which is 10% above its 10-year median of 23.65. GuruFocus rates DFM:EMPOWER with a GF Score™ of 79/100 and a GF Value™ of د.إ1.87 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 503 Utilities - Regulated companies, Emirates Central Cooling Systems PJSC ranks better than 95.83% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. 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 Total Stockholders Equity over the quarter that ended in Mar. 2026 was د.إ3,196 Mil. Therefore, Emirates Central Cooling Systems PJSC's annualized ROE % for the quarter that ended in Mar. 2026 was 25.92%.

The historical rank and industry rank for Emirates Central Cooling Systems PJSC's ROE % or its related term are showing as below:

DFM:EMPOWER' s ROE % Range Over the Past 10 Years
Min: 18.31   Med: 23.65   Max: 33.27
Current: 33.27

During the past 7 years, Emirates Central Cooling Systems PJSC's highest ROE % was 33.27%. The lowest was 18.31%. And the median was 23.65%.

DFM:EMPOWER's ROE % is ranked better than
95.83% of 503 companies
in the Utilities - Regulated industry
Industry Median: 8.62 vs DFM:EMPOWER: 33.27

Emirates Central Cooling Systems PJSC  (DFM:EMPOWER) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=828.376/3195.6915
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(828.376 / 2579.076)*(2579.076 / 11966.9395)*(11966.9395 / 3195.6915)
=Net Margin %*Asset Turnover*Equity Multiplier
=32.12 %*0.2155*3.7447
=ROA %*Equity Multiplier
=6.92 %*3.7447
=25.92 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=828.376/3195.6915
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (828.376 / 916.124) * (916.124 / 1056.112) * (1056.112 / 2579.076) * (2579.076 / 11966.9395) * (11966.9395 / 3195.6915)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9042 * 0.8674 * 40.95 % * 0.2155 * 3.7447
=25.92 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Emirates Central Cooling Systems PJSC ROE % Related Terms


Emirates Central Cooling Systems PJSC ROE % Historical Data

* Premium members only.

The historical data trend for Emirates Central Cooling Systems PJSC's ROE % 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 ROE % Chart

Emirates Central Cooling Systems PJSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial 18.31 23.65 30.85 28.28 30.52

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
ROE % 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 18.75 33.66 34.33 37.00 25.92

DFM:EMPOWER vs AWK, WTRG, AWR: ROE % Comparison

For the Utilities - Regulated Water subindustry, Emirates Central Cooling Systems PJSC's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Emirates Central Cooling Systems PJSC's ROE % distribution charts can be found below:

* The bar in red indicates where Emirates Central Cooling Systems PJSC's ROE % falls into.


DFM:EMPOWER
79GF Score
Emirates Central Cooling Systems Corp PJSC DFM:EMPOWER
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Emirates Central Cooling Systems PJSC ROE % Calculation

Emirates Central Cooling Systems PJSC's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=993.302/( (3197.59+3310.933)/ 2 )
=993.302/3254.2615
=30.52 %

Emirates Central Cooling Systems PJSC's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=828.376/( (3310.933+3080.45)/ 2 )
=828.376/3195.6915
=25.92 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 25.92% mean?
Emirates Central Cooling Systems PJSC (DFM:EMPOWER) has a ROE % of 25.92% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Emirates Central Cooling Systems PJSC and its competitors. This is 10% above median its historical median of 23.65. Over the past decade, Emirates Central Cooling Systems PJSC's ROE % has ranged from 18.31 to 33.27. According to the industry distribution chart, Emirates Central Cooling Systems PJSC ranks #21 out of 503 companies in the Utilities - Regulated industry, placing it in the top 4.2%.
Is Emirates Central Cooling Systems PJSC's ROE % too high?
Emirates Central Cooling Systems PJSC's current ROE % of 25.92% is 10% above median its 10-year median of 23.65. Over the past 10 years, this metric has ranged from a low of 18.31 to a high of 33.27. The Utilities - Regulated industry median ROE % is 8.62. Emirates Central Cooling Systems PJSC's value of 25.92% is 200.7% above this industry median. Based on the distribution chart, Emirates Central Cooling Systems PJSC ranks #21 out of 503 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 ROE % compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Emirates Central Cooling Systems PJSC ranks #21 out of 503 companies for ROE %. This places Emirates Central Cooling Systems PJSC in the top 4% of its industry — outperforming the majority of peers. The industry median ROE % is 8.62. Emirates Central Cooling Systems PJSC's value of 25.92% is 200.7% above this benchmark. Historically, Emirates Central Cooling Systems PJSC's own ROE % has ranged from 18.31 to 33.27 over the past decade. While the company's 10-year median is 23.65 vs. the industry median of 8.62, 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 ROE % for an Utilities - Regulated company?
The median ROE % among Utilities - Regulated companies is 8.62, based on 503 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Emirates Central Cooling Systems PJSC's current ROE % of 25.92% is 200.7% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Emirates Central Cooling Systems PJSC and its competitors. For the Utilities - Regulated industry, the median ROE % is 8.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emirates Central Cooling Systems PJSC's current ROE % is 25.92%, which is 10% above median its own 10-year median of 23.65. 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.إ1.87, compared to a current price of د.إ1.68 — trading 10.2% below its estimated fair value. The current ROE % is 25.92%, which is 10% above median its 10-year median of 23.65 and 200.7% above the Utilities - Regulated industry median of 8.62. Emirates Central Cooling Systems PJSC's overall GF Score™ is 79/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Emirates Central Cooling Systems PJSC (DFM:EMPOWER), the current ROE % is 25.92% 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.إ1.68 is trading 10.2% below its estimated GF Value™ of د.إ1.87. GuruFocus considers Emirates Central Cooling Systems PJSC to be Modestly Undervalued.

Key valuation signals for DFM:EMPOWER:

  • ROE %: 25.92% (10% above median its 10-year median of 23.65)
  • GF Value™: د.إ1.87 vs. price of د.إ1.68 (10.2% below fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 200.7% above the Utilities - Regulated median (#21 of 503)

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

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

د.إ1.68
Price
د.إ1.87
GF Value