Abu Dhabi National Energy (TAQA) Utilities

UNDER REVIEW
AED 3.38
AED UNDER REVIEW
-
  • 380,027,765,000
  • 112,434,300,000
  • 2.784 L H 3.9
  • 8,765,409

Financial

FY2021A FY2022A FY2023A FY2024A FY2025E
PE (x) 66.51 52.16 22.85 54.27 NA
PB (x) 5.77 5.39 4.60 3.85 NA
Dividend Yield (%) 0.33 0.89 0.96 1.24 1.24

Recent Research

  • UAE Flag
    FIRST LOOK NOTES
    24 May 2022
    Abu Dhabi National Energy (TAQ...
    BUY
    AED 1.25
    AED 1.50
    +20.00%

    High Energy Prices Supported the Profitability

    Abu Dhabi National Energy Company (TAQA)’s net profit rose 37.4% YoY to AED 1,971 Mn in 1Q22, higher than our estimate of AED 1,711 Mn.

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