There May Be Reason For Hope In Qatari Investors Group Q.P.S.C's (DSM:QIGD) Disappointing Earnings
Aug 13
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Qatari (QE) Materials Sector Analysis
UpdatedSep 23, 2024
DataAggregated Company Financials
Companies4
- 7D0.3%
- 3M-1.8%
- 1Y-7.6%
- YTD-10.2%
Over the last 7 days, the Materials industry has remained flat. As for the longer term, the industry has declined 7.7% in the last year. Looking forward, earnings are forecast to decline by 1.9% per year.
Sector Valuation and Performance
Has the Qatari Materials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 24 Sep 2024 | ر.ق32.0b | ر.ق1.8b | ر.ق1.7b | 14.5x | 19.1x | 17.5x |
| Thu, 22 Aug 2024 | ر.ق31.7b | ر.ق1.8b | ر.ق1.7b | 14.2x | 18.9x | 17.3x |
| Sat, 20 Jul 2024 | ر.ق33.0b | ر.ق2.0b | ر.ق1.8b | 14.7x | 18.2x | 16.7x |
| Mon, 17 Jun 2024 | ر.ق33.2b | ر.ق2.0b | ر.ق1.8b | 14.6x | 18.3x | 16.8x |
| Wed, 15 May 2024 | ر.ق34.0b | ر.ق2.0b | ر.ق1.8b | 14.7x | 18.7x | 17.2x |
| Fri, 12 Apr 2024 | ر.ق36.5b | ر.ق2.1b | ر.ق1.9b | 14.5x | 19x | 17.6x |
| Sun, 10 Mar 2024 | ر.ق34.8b | ر.ق2.1b | ر.ق1.9b | 14x | 18.1x | 16.8x |
| Tue, 06 Feb 2024 | ر.ق32.8b | ر.ق2.2b | ر.ق2.0b | 14.3x | 16.5x | 14.9x |
| Thu, 04 Jan 2024 | ر.ق35.2b | ر.ق2.3b | ر.ق2.0b | 14.4x | 17.7x | 15.1x |
| Sat, 02 Dec 2023 | ر.ق32.6b | ر.ق2.3b | ر.ق2.0b | 13.7x | 16.4x | 13.9x |
| Mon, 30 Oct 2023 | ر.ق29.7b | ر.ق2.6b | ر.ق2.2b | 11.7x | 13.2x | 11.6x |
| Wed, 27 Sep 2023 | ر.ق35.0b | ر.ق2.6b | ر.ق2.2b | 13.4x | 15.6x | 13.7x |
| Fri, 25 Aug 2023 | ر.ق35.3b | ر.ق2.8b | ر.ق2.5b | 12.9x | 14x | 12.5x |
| Sun, 23 Jul 2023 | ر.ق36.0b | ر.ق2.9b | ر.ق2.7b | 12.4x | 13.1x | 12.4x |
| Tue, 20 Jun 2023 | ر.ق37.4b | ر.ق2.9b | ر.ق2.7b | 12.5x | 13.6x | 12.9x |
| Thu, 18 May 2023 | ر.ق39.0b | ر.ق3.2b | ر.ق3.1b | 12.1x | 12.7x | 12.4x |
| Sat, 15 Apr 2023 | ر.ق37.9b | ر.ق3.2b | ر.ق3.1b | 11x | 12.2x | 11.7x |
| Mon, 13 Mar 2023 | ر.ق42.0b | ر.ق3.2b | ر.ق3.1b | 12.3x | 13.5x | 13x |
| Wed, 08 Feb 2023 | ر.ق41.6b | ر.ق3.4b | ر.ق3.5b | 12x | 12x | 12.3x |
| Fri, 06 Jan 2023 | ر.ق40.5b | ر.ق3.4b | ر.ق3.5b | 11.4x | 11.6x | 11.8x |
| Sun, 04 Dec 2022 | ر.ق43.0b | ر.ق3.4b | ر.ق3.5b | 11.1x | 12.4x | 12.5x |
| Tue, 01 Nov 2022 | ر.ق42.8b | ر.ق3.4b | ر.ق3.5b | 11.3x | 12.3x | 12.5x |
| Thu, 29 Sep 2022 | ر.ق43.6b | ر.ق3.5b | ر.ق3.6b | 11.1x | 12x | 12.3x |
| Sat, 27 Aug 2022 | ر.ق50.6b | ر.ق3.5b | ر.ق3.6b | 12.3x | 13.9x | 14.3x |
| Mon, 25 Jul 2022 | ر.ق48.9b | ر.ق3.5b | ر.ق3.3b | 12.3x | 14.6x | 14.2x |
| Wed, 22 Jun 2022 | ر.ق47.1b | ر.ق3.5b | ر.ق3.3b | 12.5x | 14.1x | 13.6x |
| Fri, 20 May 2022 | ر.ق49.3b | ر.ق3.6b | ر.ق3.3b | 13.1x | 14.8x | 13.8x |
| Sun, 17 Apr 2022 | ر.ق57.6b | ر.ق3.4b | ر.ق3.1b | 17.3x | 18.5x | 17x |
| Tue, 15 Mar 2022 | ر.ق58.0b | ر.ق3.4b | ر.ق3.1b | 18.5x | 19x | 17.2x |
| Thu, 10 Feb 2022 | ر.ق53.0b | ر.ق3.3b | ر.ق2.8b | 19.8x | 18.7x | 16.3x |
| Sat, 08 Jan 2022 | ر.ق45.1b | ر.ق3.3b | ر.ق2.1b | 18.7x | 21.4x | 13.8x |
| Mon, 06 Dec 2021 | ر.ق43.4b | ر.ق3.2b | ر.ق2.0b | 20.2x | 21.2x | 13.5x |
| Wed, 03 Nov 2021 | ر.ق45.9b | ر.ق2.9b | ر.ق1.7b | n/a | 26.8x | 15.9x |
| Fri, 01 Oct 2021 | ر.ق45.0b | ر.ق2.9b | ر.ق1.7b | 24.8x | 26.6x | 15.4x |
Price to Earnings Ratio
26.6x
Current Industry PE
- Investors are optimistic on the Qatari Materials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 19.1x which is higher than its 3-year average PE of 16.4x.
- The 3-year average PS ratio of 14.3x is lower than the industry's current PS ratio of 17.5x.
Past Earnings Growth
- The earnings for companies in the Materials industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have declined 14% per year.
- This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.
Industry Trends
Which industries have driven the changes within the Qatari Materials sector?
| QA Market | 0.40% | |
| Materials | 0.31% | |
| Metals and Mining | 1.42% | |
| Basic Materials | 0.54% | |
| Packaging | 0% | |
| Paper and Forestry Products | 0% | |
| Chemicals | -0.12% | |
Industry PE
- Investors are most optimistic about the Chemicals industry which is trading above its 3-year average PE ratio of 17.8x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Basic Materials industry, which is trading close to its 3-year average of 13.3x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Metals and Mining industry since they expect its earnings to decline by only 1.9% per year over the next 5 years, which isn't as bad as the other industries.
- This is an improvement from its past earnings decline of 19% per year.
- In contrast, the Metals and Mining 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 | |
|---|---|---|---|---|---|
| QIGD Qatari Investors Group Q.P.S.C | ر.ق1.53 | 2.1% +ر.ق38.5m | -10.7% | PE12.2x | |
| QNCD Qatar National Cement Company (Q.P.S.C.) | ر.ق3.69 | 0.08% +ر.ق2.0m | 2.2% | PE13x |