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Qatari (QE) Telecom Sector Analysis

UpdatedDec 25, 2025
DataAggregated Company Financials
Companies3
  • 7D0.9%
  • 3M-0.8%
  • 1Y17.1%
  • YTD17.2%

Over the last 7 days, the Telecom industry has dropped 2.1%, driven by pullbacks from every company within the industry. This takes the industry's 12 month performance to a gain of 14%. Looking forward, earnings are forecast to grow by 5.1% annually.

Sector Valuation and Performance

Has the Qatari Telecom Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 25 Dec 2025ر.ق52.4bر.ق27.7bر.ق4.3b15.8x12.3x1.9x
Sat, 22 Nov 2025ر.ق50.6bر.ق27.7bر.ق4.3b15.3x11.8x1.8x
Mon, 20 Oct 2025ر.ق52.3bر.ق27.3bر.ق4.2b15.4x12.6x1.9x
Wed, 17 Sep 2025ر.ق52.7bر.ق27.3bر.ق4.2b15.4x12.7x1.9x
Fri, 15 Aug 2025ر.ق54.8bر.ق27.3bر.ق4.2b15.7x13.2x2x
Sun, 13 Jul 2025ر.ق50.6bر.ق27.0bر.ق4.1b15.9x12.3x1.9x
Tue, 10 Jun 2025ر.ق50.1bر.ق27.0bر.ق4.1b16.4x12.2x1.9x
Thu, 08 May 2025ر.ق51.8bر.ق27.0bر.ق4.1b17x12.6x1.9x
Sat, 05 Apr 2025ر.ق46.3bر.ق27.0bر.ق4.0b13.8x11.4x1.7x
Mon, 03 Mar 2025ر.ق48.2bر.ق27.0bر.ق4.0b13.7x11.9x1.8x
Wed, 29 Jan 2025ر.ق50.0bر.ق27.1bر.ق3.9b14.1x12.9x1.8x
Fri, 27 Dec 2024ر.ق44.3bر.ق27.1bر.ق3.9b13.4x11.5x1.6x
Sun, 24 Nov 2024ر.ق45.2bر.ق27.1bر.ق3.9b13.4x11.7x1.7x
Tue, 22 Oct 2024ر.ق44.0bر.ق26.3bر.ق3.7b13.5x12x1.7x
Thu, 19 Sep 2024ر.ق44.1bر.ق26.3bر.ق3.7b13.8x12x1.7x
Sat, 17 Aug 2024ر.ق41.8bر.ق26.3bر.ق3.7b12.8x11.4x1.6x
Mon, 15 Jul 2024ر.ق41.3bر.ق26.8bر.ق3.5b13.3x11.7x1.5x
Wed, 12 Jun 2024ر.ق38.6bر.ق26.8bر.ق3.5b12.7x10.9x1.4x
Fri, 10 May 2024ر.ق39.0bر.ق26.8bر.ق3.5b12.7x11x1.5x
Sun, 07 Apr 2024ر.ق39.5bر.ق26.4bر.ق3.6b13.2x11.1x1.5x
Tue, 05 Mar 2024ر.ق44.3bر.ق26.4bر.ق3.6b13.6x12.4x1.7x
Thu, 01 Feb 2024ر.ق42.5bر.ق26.8bر.ق3.5b14.9x12.2x1.6x
Sat, 30 Dec 2023ر.ق43.0bر.ق26.9bر.ق3.5b14.2x12.3x1.6x
Mon, 27 Nov 2023ر.ق40.4bر.ق26.9bر.ق3.5b13.6x11.5x1.5x
Wed, 25 Oct 2023ر.ق37.9bر.ق26.9bر.ق3.2b13.6x11.8x1.4x
Fri, 22 Sep 2023ر.ق42.3bر.ق26.9bر.ق3.2b13.9x13.2x1.6x
Sun, 20 Aug 2023ر.ق43.2bر.ق26.9bر.ق3.2b14.4x13.5x1.6x
Tue, 18 Jul 2023ر.ق44.5bر.ق26.6bر.ق3.2b15.2x14x1.7x
Thu, 15 Jun 2023ر.ق42.2bر.ق26.6bر.ق3.2b14.6x13.3x1.6x
Sat, 13 May 2023ر.ق43.0bر.ق26.6bر.ق3.2b14.7x13.5x1.6x
Mon, 10 Apr 2023ر.ق38.8bر.ق25.9bر.ق2.9b14x13.6x1.5x
Wed, 08 Mar 2023ر.ق38.5bر.ق25.9bر.ق2.9b13.6x13.4x1.5x
Fri, 03 Feb 2023ر.ق36.4bر.ق28.1bر.ق3.4b14.4x10.8x1.3x
Sun, 01 Jan 2023ر.ق36.4bر.ق28.0bر.ق3.3b14.5x11x1.3x
Price to Earnings Ratio

11x


Total Market Cap: ر.ق36.4bTotal Earnings: ر.ق3.3bTotal Revenue: ر.ق28.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Qatari Telecom Sector Price to Earnings3Y Average 12.2x202320242025
Current Industry PE
    There are only 3 companies in the Qatari Communication Services industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have grown 8.7% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Qatari Telecom sector?

QA Market1.83%
Telecom0.88%
Entertainment3.67%
Wireless Telecom3.20%
Telecom Services and Carriers0.31%
Industry PE
  • Investors are most optimistic about the Entertainment industry even though it's trading below its 3-year average PE ratio of 43.9x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Telecom Services and Carriers industry, which is trading close to its 3-year average of 11.8x.
Forecasted Growth
  • Analysts are most optimistic on the Wireless Telecom industry, expecting annual earnings growth of 5.4% over the next 5 years.
  • However this is lower than its past earnings growth rate of 12% per year.
  • In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 5.0% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
VFQS Vodafone Qatar P.Q.S.Cر.ق2.453.2%
+ر.ق321.3m		32.7%PE15.8x
ORDS Ooredoo Q.P.S.Cر.ق13.070.3%
+ر.ق128.1m		15.4%PE11.6x
QCFS Qatar Cinema and Film Distribution (Q.P.S.C)ر.ق2.403.7%
+ر.ق5.3m		-6.0%PE16.2x

Latest News

VFQS
ر.ق2.45
Vodafone Qatar P.Q.S.C
7D
3.2%
1Y
32.7%

VFQS: Fair Value Will Be Maintained With Board Meeting On Horizon

Narrative Update Analysts have raised their price target on Vodafone Qatar P.Q.S.C. by about QAR 0.17 per share, citing stronger projected revenue growth and modestly higher profit margins that more than offset a slightly lower future price to earnings multiple. What's in the News Board meeting scheduled for October 22, 2025, where directors are expected to review operational performance and strategic initiatives (Key Developments).
ORDS
ر.ق13.07
Ooredoo Q.P.S.C
7D
0.3%
1Y
15.4%

ORDS: Expanding Telecom API Platform Will Support Stronger Long Term Profit Margins

Analysts have modestly raised their price target on Ooredoo Q.P.S.C., lifting fair value from QAR 16.61 to QAR 17.04 as they factor in slightly stronger long term revenue growth expectations, despite a marginally lower profit margin outlook and a higher projected future P/E multiple. What's in the News Ooredoo Group entered a new collaboration with Aduna to offer standardized telecom APIs to businesses across MENA and globally via a single platform, supporting services such as identity verification, SIM swap, KYC, payments, and communications (Key Developments).
QCFS
ر.ق2.40
Qatar Cinema and Film Distribution (Q.P.S.C)
7D
3.7%
1Y
-6.0%