Qatari (QE) Market Analysis & Valuation

UpdatedMay 23, 2022

DataAggregated Company Financials

Companies49

7D-1.7%
3M-0.9%
1Y14.8%
YTD7.0%

Over the last 7 days, the market has dropped 1.7%, driven by a decline of 4.1% in the Financials sector. As for the longer term, the market has actually risen by 15% in the last year. Looking forward, earnings are forecast to grow by 6.5% annually.

Market Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE
Mon, 23 May 2022	ر.ق716.5b	ر.ق172.1b	ر.ق44.7b	16.6x
Wed, 20 Apr 2022	ر.ق780.5b	ر.ق167.3b	ر.ق42.2b	18.7x
Fri, 18 Mar 2022	ر.ق766.8b	ر.ق167.7b	ر.ق43.0b	18.2x
Sun, 13 Feb 2022	ر.ق740.0b	ر.ق162.4b	ر.ق41.3b	17.9x
Tue, 11 Jan 2022	ر.ق693.7b	ر.ق158.6b	ر.ق38.1b	18.2x
Thu, 09 Dec 2021	ر.ق676.0b	ر.ق158.1b	ر.ق38.0b	18.5x
Sat, 06 Nov 2021	ر.ق689.9b	ر.ق155.5b	ر.ق37.5b	19.1x
Mon, 04 Oct 2021	ر.ق660.8b	ر.ق151.7b	ر.ق34.8b	19.4x
Wed, 01 Sep 2021	ر.ق640.7b	ر.ق151.7b	ر.ق34.8b	19.2x
Thu, 08 Jul 2021	ر.ق622.6b	ر.ق151.7b	ر.ق34.8b	18.7x
Wed, 31 Mar 2021	ر.ق605.6b	ر.ق144.7b	ر.ق32.1b	22.7x
Sat, 02 Jan 2021	ر.ق600.7b	ر.ق143.1b	ر.ق29.8b	21.3x
Tue, 06 Oct 2020	ر.ق586.7b	ر.ق147.7b	ر.ق32.7b	16.4x
Fri, 10 Jul 2020	ر.ق519.2b	ر.ق151.7b	ر.ق33.8b	14.2x
Thu, 02 Apr 2020	ر.ق459.9b	ر.ق156.5b	ر.ق36.0b	11.9x
Sun, 05 Jan 2020	ر.ق582.7b	ر.ق157.2b	ر.ق37.4b	15x
Wed, 09 Oct 2019	ر.ق574.7b	ر.ق155.7b	ر.ق37.0b	13.8x
Tue, 02 Jul 2019	ر.ق576.6b	ر.ق154.8b	ر.ق38.5b	13.4x

Median PE Ratio

13.2x

Mon, 10 Jun 2019

Current Market PE

Investors are relatively neutral on the market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
The market is trading close to its 3-year average PE ratio of 16.9x.

Past Earnings Growth

The earnings for Qatari listed companies have grown 4.5% per year over the last three years.
Revenues for these companies have grown 3.5% 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	-1.67%
Utilities	3.38%
Energy	2.94%
Healthcare	1.10%
Telecom	1.06%
Materials	0.93%
Industrials	0.79%
Tech	0%
Real Estate	-0.084%
Consumer Staples	-0.68%
Consumer Discretionary	-3.41%
Financials	-4.06%

Sector PE

Investors are most optimistic about the Healthcare sector which is trading above its 3-year average PE ratio of 58.3x.
It looks like they are confident that earnings will grow faster in the future than they have historically.
Investors are most pessimistic about the Industrials sector, which is trading below its 3-year average of 16.6x.

Forecasted Growth

Analysts are most optimistic on the Consumer Discretionary sector, expecting annual earnings growth of 43% over the next 5 years.
This is better than its past earnings decline of 12% per year.

In contrast, the Industrials sector is expected to see its earnings decline by 16% 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
QGTS Qatar Gas Transport Company Limited (Nakilat) (QPSC)	ر.ق3.49	4.2% +ر.ق775.6m	15.0%	PS13.7x	Energy
IQCD Industries Qatar Q.P.S.C	ر.ق17.24	0.7% +ر.ق726.0m	39.0%	PS11.2x	Industrials
QEWS Qatar Electricity & Water Company Q.P.S.C	ر.ق17.76	3.4% +ر.ق638.0m	7.6%	PS13.2x	Utilities
QFLS Qatar Fuel Company Q.P.S.C.(WOQOD)	ر.ق18.40	2.9% +ر.ق507.1m	3.7%	PS18.6x	Energy
MPHC Mesaieed Petrochemical Holding Company Q.P.S.C	ر.ق2.53	1.2% +ر.ق364.3m	34.1%	PS16.5x	Materials