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Qatari (QE) Market Analysis & Valuation

UpdatedMay 30, 2023
DataAggregated Company Financials
Companies50
  • 7D-2.3%
  • 3M0.8%
  • 1Y-19.0%
  • YTD-3.0%

Over the last 7 days, the market has dropped 1.3%, driven by a loss of 1.8% in the Financials sector. The market has dropped 16% in the last year. Looking forward, earnings are forecast to grow by 5.8% annually.

Market Valuation and Performance

Has the Qatari Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 31 May 2023ر.ق468.7bر.ق158.9bر.ق33.5b14.6x14x2.9x
Fri, 28 Apr 2023ر.ق588.2bر.ق183.0bر.ق47.0b13.7x12.5x3.2x
Sun, 26 Mar 2023ر.ق580.7bر.ق174.9bر.ق46.9b13.7x12.4x3.3x
Tue, 21 Feb 2023ر.ق601.9bر.ق185.8bر.ق47.6b14.4x12.6x3.2x
Thu, 19 Jan 2023ر.ق601.7bر.ق185.1bر.ق48.7b14.4x12.3x3.3x
Sat, 17 Dec 2022ر.ق620.1bر.ق183.0bر.ق48.0b14.7x12.9x3.4x
Mon, 14 Nov 2022ر.ق703.7bر.ق183.0bر.ق48.2b16x14.6x3.8x
Wed, 12 Oct 2022ر.ق708.1bر.ق179.2bر.ق48.5b16.5x14.6x4x
Fri, 09 Sep 2022ر.ق720.1bر.ق177.7bر.ق48.0b16.6x15x4.1x
Sun, 07 Aug 2022ر.ق743.6bر.ق176.7bر.ق44.7b17.7x16.6x4.2x
Tue, 05 Jul 2022ر.ق685.1bر.ق172.1bر.ق44.7b17x15.3x4x
Thu, 02 Jun 2022ر.ق729.0bر.ق172.1bر.ق44.7b17.7x16.3x4.2x
Sat, 30 Apr 2022ر.ق761.5bر.ق170.4bر.ق43.9b17.5x17.4x4.5x
Mon, 28 Mar 2022ر.ق779.1bر.ق167.8bر.ق42.9b18.1x18.2x4.6x
Wed, 23 Feb 2022ر.ق727.5bر.ق163.2bر.ق42.5b17.5x17.1x4.5x
Fri, 21 Jan 2022ر.ق725.2bر.ق159.4bر.ق39.3b18.7x18.5x4.6x
Sun, 19 Dec 2021ر.ق677.9bر.ق158.5bر.ق38.1b17.7x17.8x4.3x
Tue, 16 Nov 2021ر.ق693.1bر.ق155.5bر.ق37.5b19.4x18.5x4.5x
Thu, 14 Oct 2021ر.ق673.0bر.ق152.2bر.ق35.1b19.5x19.1x4.4x
Sat, 11 Sep 2021ر.ق640.1bر.ق151.7bر.ق34.8b19.1x18.4x4.2x
Mon, 09 Aug 2021ر.ق635.7bر.ق151.7bر.ق34.8b19.3x18.3x4.2x
Sun, 02 May 2021ر.ق631.1bر.ق144.7bر.ق32.1b24.6x19.6x4.4x
Wed, 03 Feb 2021ر.ق606.9bر.ق144.1bر.ق29.9b20.1x20.3x4.2x
Sat, 07 Nov 2020ر.ق563.7bر.ق147.7bر.ق32.7b16.5x17.2x3.8x
Fri, 31 Jul 2020ر.ق546.7bر.ق151.7bر.ق33.8b14.4x16.2x3.6x
Price to Earnings Ratio

13.9x


Total Market Cap: ر.ق500.2bTotal Earnings: ر.ق36.0bTotal Revenue: ر.ق156.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Qatari Market Price to Earnings3Y Average 16.8x202120222023
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 14.0x which is lower than its 3-year average PE of 16.7x.
Past Earnings Growth
  • The earnings for Qatari listed companies have declined 2.4% per year over the last three years.
  • Meanwhile revenues have been flat.
  • This means that either the cost of doing business or the level of investment back into businesses is increasing since sales have remained steady while profits have fallen.

Sector Trends

Which sectors have driven the changes within the Qatari Market?

QA Market-2.33%
Consumer Discretionary7.05%
Tech0%
Telecom-0.51%
Energy-0.73%
Consumer Staples-0.94%
Utilities-2.24%
Financials-2.44%
Industrials-2.60%
Real Estate-3.18%
Materials-3.66%
Healthcare-4.33%
Sector PE
  • Investors favour the Real Estate sector the most for future growth, which is trading close to its 3-year average PE ratio of 31.8x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
  • The Utilities sector is the least preferred by investors for future growth, which is trading below its 3-year average of 13.7x.
Forecasted Growth
  • Analysts are most optimistic on the Financials sector, expecting annual earnings growth of 12% over the next 5 years.
  • This is better than its past earnings growth rate of 5.3% per year.
  • In contrast, the Materials sector is expected to see its earnings decline by 14% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
QATI Qatar Insurance Company Q.S.P.Cر.ق2.073.5%
+ر.ق228.6m
-14.5%PE22.7xFinancials
QGTS Qatar Gas Transport Company Limited (Nakilat) (QPSC)ر.ق3.980.7%
+ر.ق149.6m
6.4%PE15.3xEnergy
IGRD Estithmar Holding Q.P.S.Cر.ق2.271.4%
+ر.ق105.5m
5.4%PE22.8xIndustrials
AHCS Aamal Company Q.P.S.Cر.ق0.891.7%
+ر.ق94.5m
-22.0%PE15.4xIndustrials
WDAM Widam Food Company Q.P.S.Cر.ق2.4813.8%
+ر.ق54.2m
-17.5%PS0.9xConsumer Staples
See more
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Latest News

MARK

ر.ق2.56

Masraf Al Rayan (Q.P.S.C.)

7D

-5.8%

1Y

-45.5%

CBQK

ر.ق5.80

Commercial Bank (P.S.Q.C.)

7D

-3.3%

1Y

-17.9%

QIBK

ر.ق17.70

Qatar Islamic Bank (Q.P.S.C.)

7D

-2.2%

1Y

-23.5%

QNBK

ر.ق16.30

Qatar National Bank (Q.P.S.C.)

7D

-2.6%

1Y

-24.4%

QATI

ر.ق2.07

Qatar Insurance Company Q.S.P.C

7D

3.5%

1Y

-14.5%

IQCD

ر.ق12.53

Industries Qatar Q.P.S.C

7D

-3.6%

1Y

-31.5%

BEMA

ر.ق3.80

Damaan Islamic Insurance Company Beema (Q.P.S.C.)

7D

3.1%

1Y

n/a

WDAM

ر.ق2.48

Widam Food Company Q.P.S.C

7D

13.8%

1Y

-17.5%

ERES

ر.ق1.19

Ezdan Holding Group Q.P.S.C

7D

-3.1%

1Y

-7.5%

MRDS

ر.ق0.84

Mazaya Real Estate Development Q.P.S.C

7D

3.8%

1Y

-6.7%