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Qatari (QE) Market Analysis & Valuation

UpdatedOct 05, 2024
DataAggregated Company Financials
Companies54
  • 7D-0.8%
  • 3M5.6%
  • 1Y3.3%
  • YTD-1.3%

The market has been flat in the last week, however the Consumer Discretionary sector is down 4.9%. Meanwhile, the market is actually up 3.3% over the past year. Earnings are forecast to grow by 6.5% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 05 Oct 2024ر.ق613.9bر.ق189.8bر.ق47.0b13.8x13.1x3.2x
Mon, 02 Sep 2024ر.ق593.7bر.ق190.9bر.ق46.9b13.2x12.7x3.1x
Wed, 31 Jul 2024ر.ق587.4bر.ق190.3bر.ق46.7b13x12.6x3.1x
Fri, 28 Jun 2024ر.ق574.7bر.ق188.6bر.ق46.3b13x12.4x3x
Sun, 26 May 2024ر.ق553.2bر.ق188.7bر.ق46.3b13.1x12x2.9x
Tue, 23 Apr 2024ر.ق568.1bر.ق187.0bر.ق45.9b14.1x12.4x3x
Thu, 21 Mar 2024ر.ق588.8bر.ق184.9bر.ق45.5b13.7x12.9x3.2x
Sat, 17 Feb 2024ر.ق585.4bر.ق185.6bر.ق45.7b13.9x12.8x3.2x
Mon, 15 Jan 2024ر.ق611.8bر.ق185.6bر.ق45.5b14.4x13.4x3.3x
Wed, 13 Dec 2023ر.ق569.1bر.ق185.6bر.ق45.2b13.8x12.6x3.1x
Fri, 10 Nov 2023ر.ق585.8bر.ق185.6bر.ق45.2b14.2x13x3.2x
Sun, 08 Oct 2023ر.ق594.0bر.ق183.6bر.ق45.2b13.9x13.2x3.2x
Tue, 05 Sep 2023ر.ق598.9bر.ق185.0bر.ق45.5b13.7x13.2x3.2x
Thu, 03 Aug 2023ر.ق645.3bر.ق186.9bر.ق46.9b14.9x13.7x3.5x
Sat, 01 Jul 2023ر.ق592.9bر.ق186.0bر.ق46.6b13.4x12.7x3.2x
Mon, 29 May 2023ر.ق620.3bر.ق185.3bر.ق47.0b14.4x13.2x3.3x
Wed, 26 Apr 2023ر.ق576.5bر.ق180.2bر.ق46.9b13.8x12.3x3.2x
Fri, 24 Mar 2023ر.ق580.7bر.ق175.1bر.ق46.9b13.7x12.4x3.3x
Sun, 19 Feb 2023ر.ق595.6bر.ق185.8bر.ق47.6b14.3x12.5x3.2x
Tue, 17 Jan 2023ر.ق613.8bر.ق184.6bر.ق48.3b14.7x12.7x3.3x
Thu, 15 Dec 2022ر.ق625.7bر.ق183.0bر.ق48.0b14.5x13x3.4x
Sat, 12 Nov 2022ر.ق701.0bر.ق182.9bر.ق48.2b15.9x14.5x3.8x
Mon, 10 Oct 2022ر.ق724.9bر.ق177.7bر.ق48.0b16.7x15.1x4.1x
Wed, 07 Sep 2022ر.ق729.3bر.ق177.7bر.ق48.0b16.7x15.2x4.1x
Fri, 05 Aug 2022ر.ق743.6bر.ق176.7bر.ق44.7b17.7x16.6x4.2x
Sun, 03 Jul 2022ر.ق684.3bر.ق172.1bر.ق44.7b17x15.3x4x
Tue, 31 May 2022ر.ق726.8bر.ق172.1bر.ق44.7b17.5x16.2x4.2x
Thu, 28 Apr 2022ر.ق760.9bر.ق170.3bر.ق43.8b17.7x17.4x4.5x
Sat, 26 Mar 2022ر.ق779.1bر.ق167.6bر.ق42.9b18.1x18.2x4.6x
Mon, 21 Feb 2022ر.ق732.2bر.ق163.2bر.ق42.4b12.5x17.3x4.5x
Wed, 19 Jan 2022ر.ق726.7bر.ق159.4bر.ق39.5b18.4x18.4x4.6x
Fri, 17 Dec 2021ر.ق677.9bر.ق158.5bر.ق38.1b17.7x17.8x4.3x
Sun, 14 Nov 2021ر.ق696.2bر.ق155.5bر.ق37.5b19.4x18.5x4.5x
Tue, 12 Oct 2021ر.ق669.5bر.ق151.7bر.ق34.8b19.4x19.3x4.4x
Price to Earnings Ratio

19.3x


Total Market Cap: ر.ق669.5bTotal Earnings: ر.ق34.8bTotal Revenue: ر.ق151.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Qatari Market Price to Earnings3Y Average 14.4x202220232024
Current Market PE
  • Investors are relatively neutral on the Qatari 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 14.4x.
Past Earnings Growth
  • The earnings for Qatari listed companies have grown 11% per year over the last three years.
  • Revenues for these companies have grown 7.8% 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-0.77%
Healthcare0.36%
Real Estate0.12%
Industrials0.062%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Utilities-0.51%
Financials-0.63%
Tech-0.73%
Consumer Staples-0.84%
Materials-1.22%
Energy-1.90%
Telecom-3.10%
Consumer Discretionary-4.87%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading close to its 3-year average PE ratio of 33.4x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
  • The Financials sector is the least preferred by investors for future growth, which is trading below its 3-year average of 13.3x.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 11% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Materials 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?

CompanyLast Price7D1YValuationSector
ERES Ezdan Holding Group Q.P.S.Cر.ق0.932.1%
+ر.ق504.0m
-5.1%PE214.8xReal Estate
QNBK Qatar National Bank (Q.P.S.C.)ر.ق16.940.3%
+ر.ق461.8m
10.4%PB1.4xFinancials
QIBK Qatar Islamic Bank (Q.P.S.C.)ر.ق20.900.8%
+ر.ق401.7m
14.8%PB1.7xFinancials
IQCD Industries Qatar Q.P.S.Cر.ق13.050.5%
+ر.ق363.0m
-2.2%PE15.9xIndustrials
GWCS Gulf Warehousing Company Q.P.S.Cر.ق3.593.3%
+ر.ق66.8m
14.1%PE10.5xIndustrials
See more
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Market Insights

In last week’s third-quarter review, we mentioned that financial sector stocks are showing signs of life and beginning to outperform. In the era of ‘easy money’, cloud computing, and AI, the financial sector has taken a back seat for a lot of investors...

Latest News

CBQK

ر.ق4.26

Commercial Bank (P.S.Q.C.)

7D

-4.3%

1Y

-19.1%

GWCS

ر.ق3.59

Gulf Warehousing Company Q.P.S.C

7D

3.3%

1Y

14.1%

QNBK

ر.ق16.94

Qatar National Bank (Q.P.S.C.)

7D

0.3%

1Y

10.4%

ERES

ر.ق0.93

Ezdan Holding Group Q.P.S.C

7D

2.1%

1Y

-5.1%

MCCS

ر.ق3.92

Mannai Corporation Q.P.S.C

7D

1.3%

1Y

-17.6%

MERS

ر.ق14.53

Al Meera Consumer Goods Company Q.P.S.C

7D

1.6%

1Y

5.1%

DUBK

ر.ق3.81

Dukhan Bank Q.P.S.C

7D

-1.2%

1Y

0.4%

QIIK

ر.ق10.43

Qatar International Islamic Bank (Q.P.S.C)

7D

-5.2%

1Y

9.8%

MARK

ر.ق2.40

Masraf Al Rayan (Q.P.S.C.)

7D

-2.6%

1Y

10.1%