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
UpdatedApr 27, 2024
DataAggregated Company Financials
Companies53
- 7D-1.7%
- 3M-6.6%
- 1Y-5.1%
- YTD-9.7%
Over the last 7 days, the market has dropped 1.7%, driven by a decline of 1.5% in the Financials sector. In the last 12 months the market is down 5.1%. Earnings are forecast to grow by 6.6% annually.
Market Valuation and Performance
Has the Qatari Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 27 Apr 2024 | ر.ق560.7b | ر.ق187.7b | ر.ق46.2b | 13.3x | 12.1x | 3x |
| Mon, 25 Mar 2024 | ر.ق588.0b | ر.ق184.9b | ر.ق45.4b | 13.8x | 12.9x | 3.2x |
| Wed, 21 Feb 2024 | ر.ق594.9b | ر.ق184.0b | ر.ق46.3b | 14.2x | 12.9x | 3.2x |
| Fri, 19 Jan 2024 | ر.ق600.8b | ر.ق185.6b | ر.ق45.5b | 14.2x | 13.2x | 3.2x |
| Sun, 17 Dec 2023 | ر.ق578.9b | ر.ق185.6b | ر.ق45.2b | 13.8x | 12.8x | 3.1x |
| Tue, 14 Nov 2023 | ر.ق588.1b | ر.ق185.6b | ر.ق45.2b | 14.3x | 13x | 3.2x |
| Thu, 12 Oct 2023 | ر.ق592.9b | ر.ق185.6b | ر.ق46.3b | 13.9x | 12.8x | 3.2x |
| Sat, 09 Sep 2023 | ر.ق603.5b | ر.ق185.0b | ر.ق45.5b | 14.2x | 13.3x | 3.3x |
| Mon, 07 Aug 2023 | ر.ق637.3b | ر.ق186.8b | ر.ق47.0b | 14.6x | 13.6x | 3.4x |
| Wed, 05 Jul 2023 | ر.ق607.2b | ر.ق185.9b | ر.ق46.6b | 14.7x | 13x | 3.3x |
| Fri, 02 Jun 2023 | ر.ق606.7b | ر.ق185.4b | ر.ق47.0b | 14x | 12.9x | 3.3x |
| Sun, 30 Apr 2023 | ر.ق588.2b | ر.ق183.0b | ر.ق47.0b | 13.7x | 12.5x | 3.2x |
| Tue, 28 Mar 2023 | ر.ق588.8b | ر.ق174.9b | ر.ق46.9b | 13.7x | 12.6x | 3.4x |
| Thu, 23 Feb 2023 | ر.ق611.7b | ر.ق185.6b | ر.ق47.5b | 13.7x | 12.9x | 3.3x |
| Sat, 21 Jan 2023 | ر.ق614.6b | ر.ق185.1b | ر.ق48.5b | 14.8x | 12.7x | 3.3x |
| Mon, 19 Dec 2022 | ر.ق620.1b | ر.ق183.0b | ر.ق48.0b | 14.7x | 12.9x | 3.4x |
| Wed, 16 Nov 2022 | ر.ق692.1b | ر.ق183.0b | ر.ق48.2b | 16x | 14.3x | 3.8x |
| Fri, 14 Oct 2022 | ر.ق708.9b | ر.ق179.2b | ر.ق48.4b | 16.2x | 14.6x | 4x |
| Sun, 11 Sep 2022 | ر.ق720.1b | ر.ق177.7b | ر.ق48.0b | 16.6x | 15x | 4.1x |
| Tue, 09 Aug 2022 | ر.ق753.4b | ر.ق176.7b | ر.ق44.7b | 17.8x | 16.8x | 4.3x |
| Thu, 07 Jul 2022 | ر.ق672.9b | ر.ق172.1b | ر.ق44.7b | 17x | 15x | 3.9x |
| Sat, 04 Jun 2022 | ر.ق727.7b | ر.ق172.1b | ر.ق44.7b | 17.8x | 16.3x | 4.2x |
| Mon, 02 May 2022 | ر.ق761.5b | ر.ق169.1b | ر.ق44.3b | 17.5x | 17.2x | 4.5x |
| Wed, 30 Mar 2022 | ر.ق767.6b | ر.ق166.8b | ر.ق42.3b | 18.7x | 18.2x | 4.6x |
| Fri, 25 Feb 2022 | ر.ق724.5b | ر.ق163.3b | ر.ق42.7b | 17.8x | 17x | 4.4x |
| Sun, 23 Jan 2022 | ر.ق725.2b | ر.ق159.8b | ر.ق39.5b | 18.7x | 18.3x | 4.5x |
| Tue, 21 Dec 2021 | ر.ق676.0b | ر.ق158.5b | ر.ق38.1b | 17.5x | 17.8x | 4.3x |
| Thu, 18 Nov 2021 | ر.ق691.3b | ر.ق155.5b | ر.ق37.5b | 19.4x | 18.4x | 4.4x |
| Sat, 16 Oct 2021 | ر.ق676.5b | ر.ق152.2b | ر.ق35.1b | 19.7x | 19.2x | 4.4x |
| Mon, 13 Sep 2021 | ر.ق640.3b | ر.ق151.7b | ر.ق34.8b | 19.3x | 18.4x | 4.2x |
| Wed, 11 Aug 2021 | ر.ق635.7b | ر.ق151.7b | ر.ق34.8b | 19.1x | 18.3x | 4.2x |
| Sun, 06 Jun 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 15.3x.
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 9.1% 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 | -1.72% | |
| Tech | 2.05% | |
| Consumer Staples | 1.69% | |
| Materials | -0.81% | |
| Financials | -1.50% | |
| Real Estate | -1.62% | |
| Industrials | -1.99% | |
| Telecom | -2.06% | |
| Energy | -2.34% | |
| Healthcare | -3.65% | |
| Utilities | -5.44% | |
| Consumer Discretionary | -7.28% | |
Sector PE
- Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 30.2x.
- 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 14.0x.
Forecasted Growth
- Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 10.0% over the next 5 years.
- However this is lower than its past earnings growth rate of 23% per year.
- In contrast, the Materials sector is expected to see its earnings grow by 2.4% per year 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 | |
|---|---|---|---|---|---|---|
| DUBK Dukhan Bank Q.P.S.C | ر.ق3.90 | 1.2% +ر.ق233.8m | 22.7% | PB1.4x | Financials | |
| BLDN Baladna Q.P.S.C | ر.ق1.35 | 9.3% +ر.ق218.6m | -2.0% | PE18.6x | Consumer Staples | |
| VFQS Vodafone Qatar P.Q.S.C | ر.ق1.70 | 1.3% +ر.ق88.8m | -0.7% | PE12.9x | Telecom | |
| MEZA MEEZA QSTP (Public) | ر.ق3.63 | 2.1% +ر.ق47.4m | n/a | PE39.2x | Tech | |
| ABQK Ahli Bank Q.P.S.C | ر.ق3.71 | 0.1% +ر.ق12.8m | -5.0% | PB1.2x | Financials |