Mesaieed Petrochemical Holding Company Q.P.S.C.'s (DSM:MPHC) Shares May Have Run Too Fast Too Soon
May 29
Qatari (QE) Materials Sector Analysis
UpdatedJun 10, 2024
DataAggregated Company Financials
Companies4
- 7D1.9%
- 3M-2.2%
- 1Y-11.2%
- YTD-5.4%
Over the last 7 days, the Materials industry has remained flat, although notably Qatar Aluminium Manufacturing Company Q.P.S.C declined by 3.5%. As for the longer term, the industry has declined 13% in the last year. Looking forward, earnings are forecast to grow by 1.4% annually.
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 |
|---|---|---|---|---|---|---|
| Mon, 10 Jun 2024 | ر.ق33.3b | ر.ق2.0b | ر.ق1.8b | 14.8x | 18.4x | 16.9x |
| Wed, 08 May 2024 | ر.ق26.8b | ر.ق2.0b | ر.ق1.4b | 14.7x | 19.5x | 13.6x |
| Fri, 05 Apr 2024 | ر.ق36.7b | ر.ق2.1b | ر.ق1.9b | 14.5x | 19.1x | 17.7x |
| Sun, 03 Mar 2024 | ر.ق35.7b | ر.ق2.1b | ر.ق1.9b | 15.2x | 18.8x | 16.7x |
| Tue, 30 Jan 2024 | ر.ق33.3b | ر.ق2.3b | ر.ق2.0b | 14.4x | 16.7x | 14.2x |
| Thu, 28 Dec 2023 | ر.ق33.5b | ر.ق2.3b | ر.ق2.0b | 14.2x | 16.9x | 14.3x |
| Sat, 25 Nov 2023 | ر.ق31.9b | ر.ق2.3b | ر.ق2.0b | 13.7x | 16.1x | 13.7x |
| Mon, 23 Oct 2023 | ر.ق32.0b | ر.ق2.6b | ر.ق2.2b | 12x | 14.3x | 12.5x |
| Wed, 20 Sep 2023 | ر.ق34.7b | ر.ق2.8b | ر.ق2.5b | 13.4x | 13.7x | 12.2x |
| Fri, 18 Aug 2023 | ر.ق28.7b | ر.ق2.9b | ر.ق2.0b | 13.3x | 14.6x | 9.9x |
| Sun, 16 Jul 2023 | ر.ق35.9b | ر.ق2.9b | ر.ق2.7b | 12.4x | 13.1x | 12.4x |
| Tue, 13 Jun 2023 | ر.ق29.5b | ر.ق2.9b | ر.ق2.0b | 12.5x | 14.9x | 10.1x |
| Thu, 11 May 2023 | ر.ق40.1b | ر.ق3.2b | ر.ق3.1b | 12.3x | 13x | 12.7x |
| Sat, 08 Apr 2023 | ر.ق38.2b | ر.ق3.2b | ر.ق3.1b | 11.4x | 12.3x | 11.8x |
| Mon, 06 Mar 2023 | ر.ق41.9b | ر.ق3.2b | ر.ق3.1b | 12.7x | 13.5x | 12.9x |
| Wed, 01 Feb 2023 | ر.ق42.6b | ر.ق3.4b | ر.ق3.5b | 11.7x | 12.3x | 12.7x |
| Fri, 30 Dec 2022 | ر.ق40.5b | ر.ق3.4b | ر.ق3.5b | 11.3x | 11.6x | 11.8x |
| Sun, 27 Nov 2022 | ر.ق41.9b | ر.ق3.4b | ر.ق3.5b | 11x | 12.1x | 12.2x |
| Tue, 25 Oct 2022 | ر.ق45.0b | ر.ق3.5b | ر.ق3.6b | 11.4x | 12.4x | 12.8x |
| Thu, 22 Sep 2022 | ر.ق44.9b | ر.ق3.5b | ر.ق3.6b | 11.4x | 12.4x | 12.7x |
| Sat, 20 Aug 2022 | ر.ق49.8b | ر.ق3.5b | ر.ق3.6b | 12.7x | 13.7x | 14.1x |
| Mon, 18 Jul 2022 | ر.ق45.6b | ر.ق3.5b | ر.ق3.3b | 12x | 13.7x | 13.2x |
| Wed, 15 Jun 2022 | ر.ق51.0b | ر.ق3.5b | ر.ق3.3b | 13.1x | 15.3x | 14.8x |
| Fri, 13 May 2022 | ر.ق50.7b | ر.ق3.4b | ر.ق3.2b | 14.3x | 16x | 15x |
| Sun, 10 Apr 2022 | ر.ق57.6b | ر.ق3.4b | ر.ق3.1b | 17.7x | 18.5x | 17x |
| Tue, 08 Mar 2022 | ر.ق58.6b | ر.ق3.4b | ر.ق3.1b | 18.7x | 19.2x | 17.4x |
| Thu, 03 Feb 2022 | ر.ق50.0b | ر.ق3.3b | ر.ق2.6b | 19x | 19.1x | 15.3x |
| Sat, 01 Jan 2022 | ر.ق42.4b | ر.ق3.3b | ر.ق2.1b | 18.1x | 20.1x | 13x |
| Mon, 29 Nov 2021 | ر.ق43.2b | ر.ق3.2b | ر.ق2.0b | 19.9x | 21.1x | 13.4x |
| Wed, 27 Oct 2021 | ر.ق47.5b | ر.ق2.9b | ر.ق1.7b | 22.7x | 27.7x | 16.5x |
| Fri, 24 Sep 2021 | ر.ق44.4b | ر.ق2.9b | ر.ق1.7b | 24.5x | 26.3x | 15.2x |
| Sun, 22 Aug 2021 | ر.ق39.6b | ر.ق2.9b | ر.ق1.7b | 23.4x | 23.5x | 13.6x |
| Fri, 09 Jul 2021 | ر.ق38.6b | ر.ق2.9b | ر.ق1.7b | 23.1x | 22.8x | 13.2x |
Price to Earnings Ratio
22.8x
Current Industry PE
- Investors are relatively neutral on the Qatari Materials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 17.2x.
- The 3-year average PS ratio of 14.0x is lower than the industry's current PS ratio of 17.0x.
Past Earnings Growth
- The earnings for companies in the Materials industry have grown 15% per year over the last three years.
- Meanwhile revenues for these companies have declined 6.3% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Qatari Materials sector?
| QA Market | 1.80% | |
| Materials | 1.89% | |
| Chemicals | 2.72% | |
| Metals and Mining | 0.95% | |
| Packaging | 0% | |
| Paper and Forestry Products | 0% | |
| Basic Materials | -0.48% | |
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 below its 3-year average of 14.5x.
Forecasted Growth
- Analysts are most optimistic on the Metals and Mining industry, expecting annual earnings growth of 1.4% over the next 5 years.
- This is better than its past earnings decline of 43% 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 | |
|---|---|---|---|---|---|
| MPHC Mesaieed Petrochemical Holding Company Q.P.S.C | ر.ق1.74 | 3.1% +ر.ق653.3m | -11.7% | PE21.7x | |
| QIGD Qatari Investors Group Q.P.S.C | ر.ق1.57 | 3.6% +ر.ق67.1m | -6.4% | PE11.2x | |
| QNCD Qatar National Cement Company (Q.P.S.C.) | ر.ق3.58 | 2.1% +ر.ق47.7m | -10.9% | PE12.2x | |
| QAMC Qatar Aluminium Manufacturing Company Q.P.S.C | ر.ق1.38 | 0.5% +ر.ق39.1m | -5.8% | PE17.5x |