ACWA POWER Company (2082.SR) stock analysis

In our weekly check, ACWA POWER Company is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 16 pass, warnings: 2, red flags: 7.

About ACWA POWER Company

ACWA POWER Company is an Utilities company (Independent Power Producers), listed on SAU as 2082.SR.

What our checks show for 2082.SR

Red flags

• Net debt is 9.4x a year of EBITDA (debt/equity 1.06). That limits room in a downturn and raises refinancing risk.
• Operating profit covers interest only 1.5 times: a weak year could make the payments hard.
• The gross margin fell by 3.5 points, to 50.9%: costs are rising faster than prices.
• Free cash flow is negative (-13.8% of revenue): the business spends more cash than it brings in.
• The stock has fallen as much as 70% from a peak. Would you have held through that?
• Return on capital (ROCE) is only 3.1%.
• Pay in shares equals 0% of free cash flow: it dilutes shareholders.

Warning signs

• The stock is still below its previous peak.
• Thinly traded (about 292 thousand shares a day): buying and selling can move the price.

Strengths

• The net margin rose by 5.7 points over 5 years, to 20.2%.
• Operating cash flow is 1.96x net profit: the profit arrives as real cash.
• Analysts expect earnings per share to grow about 43.3% a year over the next years.
• Analysts expect revenue to grow about 21.5% a year over the next years.
• Analysts expect the net margin to improve by 9.2 points from today's 20.2%.
• The company keeps 20.2% of its revenue as net profit.

Next earnings report: 2026-10-29

Similar companies

DEWA.AE · ENEL.MI · IBE.MC · ENEV3.SA · ENGI.PA · SRE

Questions

What grade does ACWA POWER Company (2082.SR) have?

In our weekly check, ACWA POWER Company is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 16 pass, warnings: 2, red flags: 7. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of 2082.SR stock?

This week's biggest flags for ACWA POWER Company: High debt, Weak interest cover, Gross margin falling. In total 9 of 25 checks show a warning or a red flag.

What does ACWA POWER Company do?

ACWA POWER Company is an Utilities company (Independent Power Producers), listed on SAU as 2082.SR.

When does ACWA POWER Company report earnings next?

The next earnings report is expected on 2026-10-29. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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