Emirates Central Cooling Systems Corp (EMPOWER)

Currency in AED
1.58
+0.02(+1.28%)
Delayed Data·
High dividend Yield
EMPOWER is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
1.541.58
52 wk Range
1.481.96
Key Statistics
Prev. Close
1.61
Open
1.56
Day's Range
1.54-1.58
52 wk Range
1.48-1.96
Volume
3.33M
Average Volume (3m)
4.38M
1-Year Change
-9.7143%
Book Value / Share
0.33
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
EMPOWER Scorecardpro icon
Company’s Health
Unlock
Fair Value
Unlock Price
Fair Price
Upside
Price Target
2.07
Upside
+30.79%
Members' Sentiments
Bearish
Bullish
ProTips
Trading near 52-week low
Show more

Analyst Ratings

12 Buy
2 Hold
0 Sell
Ratings:
14 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 2.07
(+30.79% Upside)

Emirates Central Cooling Systems Corp Earnings Call Summary for H1/2026

  • Empower reported H1 2026 revenue up 4.5% to AED 1.52B, EBITDA rose 7.5% to AED 773M, and net profit before tax jumped 16.1% to AED 514M.
  • Contracted capacity surpassed 2M refrigeration tons milestone; net debt-to-EBITDA at 1.8x provides room for expansion below 3.0-4.0x target.
  • Q2 revenue fell 2.7% sequentially due to geopolitical tensions impacting hospitality occupancy, which represents 10% of revenue and drove 80% of decline.
  • Management expects Q3 consumption rebound supported by hot weather and Dubai tourism push; maintained AED 875M annual dividend for 2025-2026.
  • 2026 guidance unchanged: connected capacity of 1.76-1.77M tons, H2 additions of 49K-59K tons, and CapEx of AED 450-500M; 2027 dividend policy due Q3-end.
Last Updated: 08/06/2026, 07:56 PM
Read Full Transcript

Earnings

Latest Release
Aug 06, 2026
EPS / Forecast
0.03 / 0.03
Revenue / Forecast
889M / 954.33M
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.11%
Dividend Yield
5.43%
Industry Median 5.35%
Annualized payout
0.09
Paid annually
5-Years Growth
-
Growth Streak

EMPOWER Income Statement

Compare EMPOWER to Peers and Sector

Metrics to compare
EMPOWER
Peers
Sector
Relationship
P/E Ratio
14.9x17.3x12.0x
PEG Ratio
0.910.130.02
Price/Book
4.7x1.4x1.3x
Price / LTM Sales
4.5x2.4x1.7x
Upside (Analyst Target)
32.9%21.0%17.1%
Fair Value Upside
Unlock0.8%2.0%Unlock

Emirates Central Cooling Systems Corporation provides district cooling services in the United Arab Emirates. The company operates through the Chilled Water and Pre-Insulated Pipe segments. It constructs, owns, assembles, installs, operates, and maintains cooling and conditioning systems; operates and maintains central cooling plants and related distribution networks; and distributes and sells chilled water for use in district cooling technologies. The company also offers pre-insulated pipes for district cooling services; air conditioning, ventilator, and refrigeration services; and repair and maintenance services. In addition, it engages in the installation and supply of air conditioning, ventilation, and air purification systems; and the provision of consultancy services for project development. The company was founded in 2003 and is headquartered in Dubai, United Arab Emirates. Emirates Central Cooling Systems Corporation is a subsidiary of Dubai Electricity and Water Authority (PJSC).

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
638.21M6.38%995.60M
Other Institutional Investors
8.04B80.39%12.54B
Public Companies & Retail Investors
1.32B13.23%2.06B
Total
10B100.00%15.6B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Dubai Electricity and Water Authority (PJSC)80.00%8,000,000,00012,480,000
Norges Bank Investment Management2.03%202,852,592316,450

People Also Watch

13.100
EMAARDEV
-1.50%
5.080
AIRA
-1.36%
7.510
DISB
-0.27%
1.10
TALABAT
0.00%

FAQ

What Is the Emirates Central Cooling Systems (EMPOWER) Stock Price Today?

The Emirates Central Cooling Systems stock price today is 1.58 AED.

What Stock Exchange Does Emirates Central Cooling Systems Trade On?

Emirates Central Cooling Systems is listed and trades on the Dubai Stock Exchange.

What Is the Stock Symbol for Emirates Central Cooling Systems?

The stock symbol for Emirates Central Cooling Systems is "EMPOWER."

Does Emirates Central Cooling Systems Pay Dividends? What’s The Current Dividend Yield?

The Emirates Central Cooling Systems dividend yield is 5.43%.

What Is the Emirates Central Cooling Systems Market Cap?

As of today, Emirates Central Cooling Systems market cap is 15.60B AED.

What Is Emirates Central Cooling Systems's Earnings Per Share (TTM)?

The Emirates Central Cooling Systems EPS (TTM) is 0.11.

When Is the Next Emirates Central Cooling Systems Earnings Date?

Emirates Central Cooling Systems will release its next earnings report on Nov 05, 2026.

From a Technical Analysis Perspective, Is EMPOWER a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

How Many Times Has Emirates Central Cooling Systems Stock Split?

Emirates Central Cooling Systems has split 0 times.

What is the current trading status of Emirates Central Cooling Systems (EMPOWER)?

As of Aug 13, 2026, Emirates Central Cooling Systems (EMPOWER) is trading at a price of 1.58 AED, with a previous close of 1.61 AED. The stock has fluctuated within a day range of 1.54 AED to 1.58 AED, while its 52-week range spans from 1.48 AED to 1.96 AED.

What Is Emirates Central Cooling Systems (EMPOWER) Price Target According to Analysts?

The average 12-month price target for Emirates Central Cooling Systems is 2.07 AED, with a high estimate of 2.3 AED and a low estimate of 1.6 AED. 12 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +30.79% Upside potential.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2026 - Fusion Media Limited. All Rights Reserved.