Qatar Electricity & Water Company Q.P.S.C. (DSM:QEWS) First-Quarter Results: Here's What Analysts Are Forecasting For This Year
Apr 27
Qatari (QE) Market Analysis & Valuation
UpdatedMay 02, 2024
DataAggregated Company Financials
Companies53
- 7D0.4%
- 3M-3.6%
- 1Y-8.1%
- YTD-9.1%
Over the last 7 days, the market has remained flat, although notably the Information Technology sector declined by 5.2%. Unfortunately though, the market is down 8.1% over the past year. As for the next few years, earnings are expected to grow by 6.6% per annum.
Market Valuation and Performance
Has the Qatari Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 02 May 2024 | ر.ق556.9b | ر.ق188.4b | ر.ق45.9b | 13.4x | 12.1x | 3x |
| Sat, 30 Mar 2024 | ر.ق574.4b | ر.ق184.7b | ر.ق45.6b | 13.7x | 12.6x | 3.1x |
| Mon, 26 Feb 2024 | ر.ق599.5b | ر.ق184.2b | ر.ق46.3b | 14x | 13x | 3.3x |
| Wed, 24 Jan 2024 | ر.ق600.4b | ر.ق186.1b | ر.ق45.6b | 14x | 13.2x | 3.2x |
| Fri, 22 Dec 2023 | ر.ق597.4b | ر.ق185.6b | ر.ق45.2b | 13.9x | 13.2x | 3.2x |
| Sun, 19 Nov 2023 | ر.ق598.0b | ر.ق185.6b | ر.ق45.2b | 14.3x | 13.2x | 3.2x |
| Tue, 17 Oct 2023 | ر.ق597.0b | ر.ق185.6b | ر.ق45.5b | 13.8x | 13.1x | 3.2x |
| Thu, 14 Sep 2023 | ر.ق609.1b | ر.ق185.0b | ر.ق45.5b | 14.2x | 13.4x | 3.3x |
| Sat, 12 Aug 2023 | ر.ق630.9b | ر.ق184.2b | ر.ق45.3b | 14.6x | 13.9x | 3.4x |
| Mon, 10 Jul 2023 | ر.ق610.2b | ر.ق185.9b | ر.ق46.6b | 14.1x | 13.1x | 3.3x |
| Wed, 07 Jun 2023 | ر.ق607.9b | ر.ق185.9b | ر.ق47.0b | 14.1x | 12.9x | 3.3x |
| Fri, 05 May 2023 | ر.ق622.9b | ر.ق187.4b | ر.ق48.5b | 13.8x | 12.8x | 3.3x |
| Sun, 02 Apr 2023 | ر.ق592.8b | ر.ق175.0b | ر.ق46.8b | 13.5x | 12.7x | 3.4x |
| Tue, 28 Feb 2023 | ر.ق608.3b | ر.ق185.6b | ر.ق47.5b | 14.1x | 12.8x | 3.3x |
| Thu, 26 Jan 2023 | ر.ق633.0b | ر.ق186.6b | ر.ق48.5b | 15x | 13x | 3.4x |
| Sat, 24 Dec 2022 | ر.ق623.7b | ر.ق183.0b | ر.ق48.0b | 14.5x | 13x | 3.4x |
| Mon, 21 Nov 2022 | ر.ق675.5b | ر.ق183.0b | ر.ق48.2b | 15.6x | 14x | 3.7x |
| Wed, 19 Oct 2022 | ر.ق710.8b | ر.ق183.5b | ر.ق48.6b | 15.4x | 14.6x | 3.9x |
| Fri, 16 Sep 2022 | ر.ق735.1b | ر.ق177.7b | ر.ق48.0b | 17.6x | 15.3x | 4.1x |
| Sun, 14 Aug 2022 | ر.ق762.4b | ر.ق178.8b | ر.ق45.9b | 17.8x | 16.6x | 4.3x |
| Tue, 12 Jul 2022 | ر.ق672.4b | ر.ق173.2b | ر.ق44.7b | 16.9x | 15x | 3.9x |
| Thu, 09 Jun 2022 | ر.ق728.2b | ر.ق172.1b | ر.ق44.7b | 18.2x | 16.3x | 4.2x |
| Sat, 07 May 2022 | ر.ق761.5b | ر.ق169.4b | ر.ق44.3b | 17.5x | 17.2x | 4.5x |
| Mon, 04 Apr 2022 | ر.ق760.2b | ر.ق166.8b | ر.ق42.3b | 18.4x | 18x | 4.6x |
| Wed, 02 Mar 2022 | ر.ق764.6b | ر.ق167.2b | ر.ق42.6b | 18x | 17.9x | 4.6x |
| Fri, 28 Jan 2022 | ر.ق725.8b | ر.ق159.7b | ر.ق39.4b | 17.8x | 18.4x | 4.5x |
| Sun, 26 Dec 2021 | ر.ق677.5b | ر.ق158.6b | ر.ق38.1b | 17.5x | 17.8x | 4.3x |
| Tue, 23 Nov 2021 | ر.ق681.6b | ر.ق155.7b | ر.ق37.5b | 19.2x | 18.2x | 4.4x |
| Thu, 21 Oct 2021 | ر.ق685.2b | ر.ق152.5b | ر.ق35.4b | 20x | 19.3x | 4.5x |
| Sat, 18 Sep 2021 | ر.ق646.8b | ر.ق151.7b | ر.ق34.8b | 19.5x | 18.6x | 4.3x |
| Mon, 16 Aug 2021 | ر.ق636.4b | ر.ق151.7b | ر.ق34.8b | 19x | 18.3x | 4.2x |
| Mon, 31 May 2021 | ر.ق624.7b | ر.ق144.7b | ر.ق32.1b | 24.1x | 19.4x | 4.3x |
Price to Earnings Ratio
19.6x
Current Market PE
- Investors are pessimistic on the Qatari market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 12.1x which is lower than its 3-year average PE of 15.1x.
Past Earnings Growth
- The earnings for Qatari listed companies have grown 13% per year over the last three years.
- Revenues for these companies have grown 9.2% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Qatari Market?
| QA Market | 0.41% | |
| Energy | 2.32% | |
| Industrials | 1.35% | |
| Telecom | 1.20% | |
| Financials | 0.32% | |
| Healthcare | 0.18% | |
| Consumer Discretionary | -0.41% | |
| Real Estate | -0.72% | |
| Materials | -0.75% | |
| Consumer Staples | -2.17% | |
| Utilities | -3.17% | |
| Tech | -5.18% | |
Sector PE
- Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 30.4x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
- The Financials sector is the least preferred by investors for future growth, which is trading below its 3-year average of 13.9x.
Forecasted Growth
- Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 10% over the next 5 years.
- However this is lower than its past earnings growth rate of 24% per year.
- In contrast, the Materials industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| IQCD Industries Qatar Q.P.S.C | ر.ق12.30 | 1.8% +ر.ق1.3b | -7.9% | PE15.4x | Industrials | |
| QGTS Qatar Gas Transport Company Limited (Nakilat) (QPSC) | ر.ق3.94 | 2.6% +ر.ق554.0m | -1.5% | PE13.8x | Energy | |
| IGRD Estithmar Holding Q.P.S.C | ر.ق2.10 | 5.5% +ر.ق371.0m | 3.3% | PE20.5x | Industrials | |
| QNBK Qatar National Bank (Q.P.S.C.) | ر.ق13.89 | 0.3% +ر.ق369.5m | -18.1% | PB1.2x | Financials | |
| QFLS Qatar Fuel Company Q.P.S.C. (WOQOD) | ر.ق14.50 | 1.3% +ر.ق188.9m | -13.9% | PE14.4x | Energy |