Tabreed
| Name | Tabreed | |
| Sector | Utilities - Other Utilities | |
| Trading | DFM | |
| RIC Code | TABR.DU | |
| Location | UAE |
Profile and Background
National Central Cooling Company PJSC, also known as Tabreed, is a Public Joint Stock Company that was incorporated in 1998. The company's principal activities include constructing, owning, assembling, installing, operating and maintaining cooling and conditioning systems; in addition to distributing and selling chilled water for use in district cooling technologies.
Tabreed currently owns 13 plants with a capacity of 80,700 refrigeration tons. Furthermore, the company has the following subsidiaries and related entities: Gulf Energy Systems LLC (100%, UAE), Tabreed Ras Al Khaimah LLC (100%, UAE), Emirates Preinsulated Pipes Industries LLC (60%, UAE), Installation Integrity 2000 LLC (60%, UAE), BAC Balticare Gulf LLC (100%, UAE), Summit District Cooling Company (51%, UAE), Bahrain District Cooling Company (55%, Bahrain), Ian Banham and Associates (70%, UAE), and Qatar District Cooling Company (44.
5%, Qatar). In addition, Tabreed has other regional expansion plans that include Saudi Arabia, Kuwait, and Oman.
Tabreed currently owns 13 plants with a capacity of 80,700 refrigeration tons. Furthermore, the company has the following subsidiaries and related entities: Gulf Energy Systems LLC (100%, UAE), Tabreed Ras Al Khaimah LLC (100%, UAE), Emirates Preinsulated Pipes Industries LLC (60%, UAE), Installation Integrity 2000 LLC (60%, UAE), BAC Balticare Gulf LLC (100%, UAE), Summit District Cooling Company (51%, UAE), Bahrain District Cooling Company (55%, Bahrain), Ian Banham and Associates (70%, UAE), and Qatar District Cooling Company (44.
5%, Qatar). In addition, Tabreed has other regional expansion plans that include Saudi Arabia, Kuwait, and Oman.
Shareholding Groups
| Individuals | N/A |
| Institutions | N/A |
| Floating | N/A |
| Government | N/A |
Board Members (Listed in alphabetical order)
| Director | Ahmed Ateeq Al Mazrouei |
| Director | Dany Safi |
| Director | Khalifa Al Gobaisi |
| Vice Chairman | Mohamed Khalfan Bin Kharbash |
| Director | Mohammed Aabdulbaki Mohammed |
| Director | Mohammed Darwish Al Qamzi |
| Chairman | Mohammed Saif Al Mazrouei |
| Director | Nasser Khalifa Al Soweidi |
| Director | Obaid Ghanim Al Mutaiwei |
Stock Performance
Market Information
| Stock | UAE Index | |
| Last Closing | AED 2.54 | 5063.31 |
| YTD % | -20.299% | -0.29% |
| Weekly % | -0.778% | -1.92% |
| Year High | AED 3.46 | 5418.77 |
| Year Low | AED 2.21 | 4472.14 |
| 52 Week High | AED 3.46 | 5418.77 |
| 52 Week Low | AED 2.18 | 3504.54 |
| BETA | 0.8647 | |
| Outstanding Shares | 1,213,380,000 | |
| Market Cap | AED 3,081,985,200 | |
| Market Cap in $ | USD $839,092,077 | |
| % of UAE Market | 0.36% | |
| % of Sector | 17.88% | |
| Rank by Cap | 48 |
Key Figures in '000 AED
| 2005 | 2004 | 2003 | |
| Total Assets | 2,665,206 | 1,660,504 | 1,242,806 |
| Shareholder's Equity | 556,164 | 526,683 | |
| NIAT | 67,647 | 31,585 | 23,373 |
| Dividends | N/A | 25,000 | 15,000 |
Financial Ratios
| 2005 | 2004 | 2003 | |
| Assets Growth | 60.51% | 33.61% | 9.82% |
| Earning Growth | 114.17% | 35.13% | 187.78% |
| ROaA | 3.13% | 2.18% | 1.97% |
| ROaE | 24.33% | 5.83% | 4.47% |
| No. Of Shares | 1,000,000,000 | 50,000,000 | 50,000,000 |
| EPS | 0.07 | 0.63 | 0.47 |
| EPS Growth | 114.17% | 35.13% | 187.78% |
| Payout Ratio | N/A | 79.151 | 64.176 |
Valuation Ratios
| Trailing | |
| PE | 45.56 |
| PB | |
| DVPS | N/A |
| Div Yield | N/A |
| EV | 5,980,000.00 |
| EV/Equity | 0.00 |

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