Is Now The Time To Put Qatar Islamic Bank (Q.P.S.C.) (DSM:QIBK) On Your Watchlist?
Nov 11
Qatari (QE) Financials Sector Analysis
UpdatedDec 02, 2023
DataAggregated Company Financials
Companies20
- 7D-0.8%
- 3M-0.3%
- 1Y-18.5%
- YTD-8.2%
Over the last 7 days, the Financials industry has remained flat. As for the longer term, the industry has declined 19% in the last year. Earnings are forecast to grow by 9.7% annually.
Sector Valuation and Performance
Has the Qatari Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 02 Dec 2023 | ر.ق301.3b | ر.ق74.2b | ر.ق25.9b | 12.3x | 11.6x | 4.1x |
| Mon, 30 Oct 2023 | ر.ق277.7b | ر.ق73.1b | ر.ق25.9b | 12.6x | 10.7x | 3.8x |
| Wed, 27 Sep 2023 | ر.ق298.7b | ر.ق69.4b | ر.ق25.4b | 12.5x | 11.7x | 4.3x |
| Fri, 25 Aug 2023 | ر.ق308.8b | ر.ق70.2b | ر.ق25.3b | 13.3x | 12.2x | 4.4x |
| Sun, 23 Jul 2023 | ر.ق309.3b | ر.ق69.9b | ر.ق25.3b | 13.7x | 12.2x | 4.4x |
| Tue, 20 Jun 2023 | ر.ق308.8b | ر.ق68.0b | ر.ق25.0b | 13.9x | 12.4x | 4.5x |
| Thu, 18 May 2023 | ر.ق313.5b | ر.ق67.3b | ر.ق24.9b | 13.7x | 12.6x | 4.7x |
| Sat, 15 Apr 2023 | ر.ق292.5b | ر.ق62.6b | ر.ق24.3b | 13.3x | 12x | 4.7x |
| Mon, 13 Mar 2023 | ر.ق306.7b | ر.ق61.3b | ر.ق24.0b | 13.7x | 12.8x | 5x |
| Wed, 08 Feb 2023 | ر.ق293.8b | ر.ق61.9b | ر.ق24.4b | 14.2x | 12.1x | 4.7x |
| Fri, 06 Jan 2023 | ر.ق323.9b | ر.ق58.6b | ر.ق23.4b | 14.4x | 13.8x | 5.5x |
| Sun, 04 Dec 2022 | ر.ق344.1b | ر.ق58.6b | ر.ق23.4b | 15.5x | 14.7x | 5.9x |
| Tue, 01 Nov 2022 | ر.ق354.0b | ر.ق58.5b | ر.ق23.4b | 16.9x | 15.1x | 6x |
| Thu, 29 Sep 2022 | ر.ق353.8b | ر.ق56.6b | ر.ق23.3b | 17x | 15.2x | 6.3x |
| Sat, 27 Aug 2022 | ر.ق386.3b | ر.ق56.6b | ر.ق23.3b | 18.6x | 16.6x | 6.8x |
| Mon, 25 Jul 2022 | ر.ق367.0b | ر.ق56.6b | ر.ق23.2b | 16.6x | 15.8x | 6.5x |
| Wed, 22 Jun 2022 | ر.ق350.3b | ر.ق55.0b | ر.ق23.2b | 16.8x | 15.1x | 6.4x |
| Fri, 20 May 2022 | ر.ق371.8b | ر.ق55.0b | ر.ق23.2b | 17.1x | 16x | 6.8x |
| Sun, 17 Apr 2022 | ر.ق423.3b | ر.ق54.2b | ر.ق23.0b | 17.9x | 18.4x | 7.8x |
| Tue, 15 Mar 2022 | ر.ق401.7b | ر.ق54.8b | ر.ق23.4b | 17.2x | 17.2x | 7.3x |
| Thu, 10 Feb 2022 | ر.ق384.4b | ر.ق54.7b | ر.ق23.4b | 15.7x | 16.4x | 7x |
| Sat, 08 Jan 2022 | ر.ق364.6b | ر.ق54.1b | ر.ق23.3b | 15.4x | 15.7x | 6.7x |
| Mon, 06 Dec 2021 | ر.ق358.8b | ر.ق54.1b | ر.ق23.3b | 15.1x | 15.4x | 6.6x |
| Wed, 03 Nov 2021 | ر.ق351.6b | ر.ق54.1b | ر.ق23.2b | n/a | 15.1x | 6.5x |
| Fri, 01 Oct 2021 | ر.ق337.7b | ر.ق53.1b | ر.ق22.0b | 15.9x | 15.4x | 6.4x |
| Sun, 29 Aug 2021 | ر.ق337.0b | ر.ق53.1b | ر.ق22.0b | 15.7x | 15.3x | 6.4x |
| Mon, 05 Jul 2021 | ر.ق319.5b | ر.ق53.1b | ر.ق22.0b | 15.2x | 14.5x | 6x |
| Thu, 08 Apr 2021 | ر.ق311.7b | ر.ق52.0b | ر.ق20.6b | 15.6x | 15.2x | 6x |
| Sun, 10 Jan 2021 | ر.ق307.0b | ر.ق51.7b | ر.ق19.8b | 15x | 15.5x | 5.9x |
Price to Earnings Ratio
15.1x
Current Industry PE
- Investors are pessimistic on the Qatari Financials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 11.6x which is lower than its 3-year average PE of 14.5x.
- The 3-year average PS ratio of 5.8x is higher than the industry's current PS ratio of 4.1x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 9.0% per year over the last three years.
- Revenues for these companies have grown 11% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Qatari Financials sector?
| QA Market | -1.27% | |
| Financials | -0.77% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Consumer Finance | 0% | |
| Insurance | -0.12% | |
| Banks | -0.80% | |
| Capital Markets | -1.11% | |
| Diversified Financial | -2.37% | |
Industry PE
- Investors are most optimistic about the Insurance industry which is trading above its 3-year average PE ratio of 16.6x.
- Analysts are expecting annual earnings growth of 45.6%, which is higher than its past year's earnings growth of 26.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Insurance industry, expecting annual earnings growth of 46% over the next 5 years.
- This is better than its past earnings growth rate of 26% per year.
- In contrast, the Banks industry is expected to see its earnings grow by 8.7% 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 | |
|---|---|---|---|---|---|
| QIBK Qatar Islamic Bank (Q.P.S.C.) | ر.ق19.00 | 0.4% +ر.ق189.0m | -21.5% | PB1.6x | |
| QATI Qatar Insurance Company Q.S.P.C | ر.ق2.42 | 1.3% +ر.ق101.2m | 20.4% | PE19.2x | |
| QFBQ Lesha Bank | ر.ق1.35 | 1.1% +ر.ق16.8m | 8.0% | PB1.3x | |
| BEMA Damaan Islamic Insurance Company Beema (Q.P.S.C.) | ر.ق3.66 | 1.3% +ر.ق9.4m | n/a | PE7.5x | |
| QOIS Qatar Oman Investment Company Q.S.C | ر.ق0.88 | 0.6% +ر.ق1.6m | 46.5% | PS192.3x |