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Qatari (QE) Market Analysis & Valuation
UpdatedJul 27, 2024
DataAggregated Company Financials
Companies54
- 7D0.8%
- 3M4.0%
- 1Y-8.9%
- YTD-5.8%
Over the last 7 days, the market has remained flat, with no particular sector making any big moves this week. The past year hasn't been profitable, with the market dropping 8.9%. As for the next few years, earnings are expected to grow by 6.9% per annum.
Market Valuation and Performance
Has the Qatari Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 27 Jul 2024 | ر.ق585.2b | ر.ق190.3b | ر.ق46.7b | 13x | 12.5x | 3.1x |
| Mon, 24 Jun 2024 | ر.ق563.2b | ر.ق188.6b | ر.ق46.3b | 13.2x | 12.2x | 3x |
| Wed, 22 May 2024 | ر.ق561.9b | ر.ق188.7b | ر.ق46.3b | 13.2x | 12.1x | 3x |
| Fri, 19 Apr 2024 | ر.ق570.5b | ر.ق187.0b | ر.ق45.9b | 14x | 12.4x | 3.1x |
| Sun, 17 Mar 2024 | ر.ق590.4b | ر.ق184.9b | ر.ق45.4b | 13.8x | 13x | 3.2x |
| Tue, 13 Feb 2024 | ر.ق580.3b | ر.ق186.3b | ر.ق45.8b | 13.8x | 12.7x | 3.1x |
| Thu, 11 Jan 2024 | ر.ق610.6b | ر.ق185.6b | ر.ق45.2b | 14.4x | 13.5x | 3.3x |
| Sat, 09 Dec 2023 | ر.ق578.0b | ر.ق185.6b | ر.ق45.2b | 13.9x | 12.8x | 3.1x |
| Mon, 06 Nov 2023 | ر.ق586.6b | ر.ق188.4b | ر.ق45.7b | 14.1x | 12.8x | 3.1x |
| Wed, 04 Oct 2023 | ر.ق605.0b | ر.ق183.6b | ر.ق45.2b | 14.4x | 13.4x | 3.3x |
| Fri, 01 Sep 2023 | ر.ق602.9b | ر.ق185.0b | ر.ق45.5b | 13.7x | 13.2x | 3.3x |
| Sun, 30 Jul 2023 | ر.ق640.0b | ر.ق186.6b | ر.ق46.9b | 14.9x | 13.6x | 3.4x |
| Tue, 27 Jun 2023 | ر.ق592.9b | ر.ق186.0b | ر.ق46.6b | 13.4x | 12.7x | 3.2x |
| Thu, 25 May 2023 | ر.ق625.1b | ر.ق185.3b | ر.ق47.0b | 14.6x | 13.3x | 3.4x |
| Sat, 22 Apr 2023 | ر.ق576.5b | ر.ق182.5b | ر.ق46.9b | 13.8x | 12.3x | 3.2x |
| Mon, 20 Mar 2023 | ر.ق571.4b | ر.ق174.9b | ر.ق46.9b | 13.6x | 12.2x | 3.3x |
| Wed, 15 Feb 2023 | ر.ق584.8b | ر.ق185.6b | ر.ق47.6b | 14.1x | 12.3x | 3.2x |
| Fri, 13 Jan 2023 | ر.ق621.5b | ر.ق184.6b | ر.ق49.4b | 14.7x | 12.6x | 3.4x |
| Sun, 11 Dec 2022 | ر.ق643.8b | ر.ق183.0b | ر.ق48.0b | 14.8x | 13.4x | 3.5x |
| Tue, 08 Nov 2022 | ر.ق702.3b | ر.ق183.0b | ر.ق48.2b | 15.6x | 14.6x | 3.8x |
| Thu, 06 Oct 2022 | ر.ق724.3b | ر.ق177.7b | ر.ق48.0b | 16.4x | 15.1x | 4.1x |
| Sat, 03 Sep 2022 | ر.ق733.9b | ر.ق177.7b | ر.ق48.0b | 17.3x | 15.3x | 4.1x |
| Mon, 01 Aug 2022 | ر.ق735.3b | ر.ق176.6b | ر.ق44.7b | 17.5x | 16.4x | 4.2x |
| Wed, 29 Jun 2022 | ر.ق691.0b | ر.ق172.1b | ر.ق44.7b | 16.9x | 15.4x | 4x |
| Fri, 27 May 2022 | ر.ق722.6b | ر.ق172.1b | ر.ق44.7b | 16.8x | 16.1x | 4.2x |
| Sun, 24 Apr 2022 | ر.ق782.1b | ر.ق167.8b | ر.ق42.4b | 18.7x | 18.4x | 4.7x |
| Tue, 22 Mar 2022 | ر.ق765.4b | ر.ق167.6b | ر.ق42.9b | 17.8x | 17.8x | 4.6x |
| Thu, 17 Feb 2022 | ر.ق734.9b | ر.ق163.3b | ر.ق42.4b | 18.3x | 17.3x | 4.5x |
| Sat, 15 Jan 2022 | ر.ق709.0b | ر.ق159.2b | ر.ق39.1b | 18.5x | 18.1x | 4.5x |
| Mon, 13 Dec 2021 | ر.ق676.3b | ر.ق158.4b | ر.ق38.0b | 12.5x | 17.8x | 4.3x |
| Wed, 10 Nov 2021 | ر.ق692.0b | ر.ق155.5b | ر.ق37.5b | 19.2x | 18.4x | 4.4x |
| Fri, 08 Oct 2021 | ر.ق666.8b | ر.ق151.7b | ر.ق34.8b | 19.4x | 19.2x | 4.4x |
| Sun, 05 Sep 2021 | ر.ق638.0b | ر.ق151.7b | ر.ق34.8b | 19.2x | 18.4x | 4.2x |
| Tue, 03 Aug 2021 | ر.ق626.6b | ر.ق151.7b | ر.ق34.8b | 18.8x | 18x | 4.1x |
Price to Earnings Ratio
18x
Current Market PE
- Investors are pessimistic on the Qatari market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 12.5x which is lower than its 3-year average PE of 14.7x.
Past Earnings Growth
- The earnings for Qatari listed companies have grown 10% 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 | 0.81% | |
| Telecom | 1.89% | |
| Financials | 1.74% | |
| Consumer Staples | 1.66% | |
| Industrials | 0.90% | |
| Utilities | -0.59% | |
| Tech | -0.84% | |
| Energy | -1.02% | |
| Materials | -1.38% | |
| Consumer Discretionary | -1.92% | |
| Real Estate | -2.89% | |
| Healthcare | -2.98% | |
Sector PE
- Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 32.6x.
- 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 13.6x.
Forecasted Growth
- Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 10% over the next 5 years.
- However this is lower than its past earnings growth rate of 22% per year.
- 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?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| QNBK Qatar National Bank (Q.P.S.C.) | ر.ق15.27 | 3.3% +ر.ق4.5b | -9.1% | PB1.3x | Financials | |
| IQCD Industries Qatar Q.P.S.C | ر.ق13.10 | 1.1% +ر.ق847.0m | -2.1% | PE16.4x | Industrials | |
| ORDS Ooredoo Q.P.S.C | ر.ق10.46 | 2.4% +ر.ق800.8m | -8.3% | PE11.3x | Telecom | |
| QIIK Qatar International Islamic Bank (Q.P.S.C) | ر.ق10.55 | 1.3% +ر.ق211.9m | 1.3% | PB1.7x | Financials | |
| QNNS Qatar Navigation Q.P.S.C | ر.ق11.88 | 1.5% +ر.ق204.5m | 12.3% | PE13.1x | Industrials |
