Valuation ACWA Power Company

Equities

Market Closed - Saudi Arabian S.E. Other stock markets 08:20:00 2026-04-20 am EDT			5-day change	1st Jan Change
174.50 ^SAR	-2.13%		+4.80%	-4.02%

Apr. 19	Acwa Power to Fund, Develop, Operate Power Plant in Saudi Arabia	MT
Apr. 19	Saudi energy signs PPA for Rabigh2 IPP expansion with SPPC	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	61,412	111,127	187,893	293,944	139,300	134,319	-	-
Change	-	80.95%	69.08%	56.44%	-52.61%	-3.58%	-	-
Enterprise Value (EV) ¹	81,836	129,283	209,487	317,306	139,300	165,813	174,990	173,589
Change	-	57.98%	62.04%	51.47%	-56.1%	19.03%	5.53%	-0.8%
P/E ratio	80.9x	72x	113x	167x	73.6x	40x	38.8x	27.4x
PBR	4.55x	5.96x	9.81x	13.5x	-	4.14x	3.82x	3.23x
PEG	-	1x	14.9x	28.12x	25.23x	0.5x	12.13x	0.7x
Capitalization / Revenue	11.5x	21.1x	30.8x	46.7x	18.8x	14.6x	12.2x	10.3x
EV / Revenue	15.3x	24.5x	34.4x	50.4x	18.8x	18.1x	15.9x	13.4x
EV / EBITDA	29.1x	42x	60.8x	90.5x	-	27.4x	24.1x	19.7x
EV / EBIT	37.3x	49.5x	70.2x	106x	38.8x	34.7x	28.2x	23.6x
EV / FCF	44.7x	95.9x	-621x	-352x	-	42.4x	39.4x	-
FCF Yield	2.24%	1.04%	-0.16%	-0.28%	-	2.36%	2.54%	-
Dividend per Share ²	0.7685	0.8283	0.4491	0.45	-	0.795	1.602	1.43
Rate of return	0.92%	0.55%	0.18%	0.11%	-	0.46%	0.92%	0.82%
EPS ²	1.036	2.106	2.265	2.4	2.47	4.361	4.5	6.365
Distribution rate	74.2%	39.3%	19.8%	18.8%	-	18.2%	35.6%	22.5%
Net sales ¹	5,361	5,276	6,095	6,297	7,414	9,181	11,007	12,980
EBITDA ¹	2,814	3,079	3,447	3,506	-	6,060	7,262	8,817
EBIT ¹	2,193	2,614	2,984	2,983	3,594	4,785	6,208	7,345
Net income ¹	758.8	1,540	1,662	1,757	1,852	3,339	3,447	4,873
Net Debt ¹	20,424	18,156	21,594	23,362	-	31,494	40,670	39,269
Reference price ²	83.83	151.70	256.49	401.40	181.80	174.50	174.50	174.50
Nbr of stocks (in thousands)	732,562	732,562	732,562	732,297	766,225	766,225	-	-
Announcement Date	3/16/22	3/2/23	2/29/24	2/25/25	3/4/26	-	-	-

¹SAR in Million²SAR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
ACWA POWER COMPANY	40.89x	18.31x	27.74x	0.45%	36.42B
NATIONAL GRID PLC	16.25x	5.55x	13.18x	3.78%	85.95B
ENGIE	15.28x	1.56x	8.17x	4.91%	80.3B
ABU DHABI NATIONAL ENERGY COMPANY	38.28x	5.76x	16.23x	1.63%	74.99B
SEMPRA	18.48x	6.98x	15.64x	2.83%	61.43B
EON SE	17.97x	1.13x	9.62x	3.14%	58.02B
RWE AG	21.19x	2.49x	9.85x	2.33%	46.75B
PUBLIC SERVICE ENTERPRISE GROUP, INC.	18.79x	5.36x	13.46x	3.25%	40.69B
DUBAI ELECTRICITY AND WATER AUTHORITY	16.45x	4.98x	9.68x	4.52%	37.57B
AMEREN CORPORATION	20.96x	5.8x	13.4x	2.69%	31.18B
Average	22.45x	5.79x	13.70x	2.95%	55.33B
Weighted average by Cap.	22.03x	5.24x	13.24x	3.09%