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Qatari (QE) Market Analysis & Valuation

UpdatedNov 29, 2024
DataAggregated Company Financials
Companies54
  • 7D-0.03%
  • 3M4.3%
  • 1Y5.1%
  • YTD-0.6%

In the last week, the market has been flat. More promisingly, the market is up 5.1% over the past year. As for the next few years, earnings are expected to grow by 6.1% per annum.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 29 Nov 2024ر.ق617.6bر.ق191.7bر.ق48.0b13.2x12.9x3.2x
Sun, 27 Oct 2024ر.ق612.2bر.ق190.0bر.ق47.5b13x12.9x3.2x
Tue, 24 Sep 2024ر.ق607.6bر.ق189.8bر.ق47.0b13.7x12.9x3.2x
Thu, 22 Aug 2024ر.ق585.9bر.ق190.9bر.ق46.9b12.9x12.5x3.1x
Sat, 20 Jul 2024ر.ق580.5bر.ق190.0bر.ق46.6b13.1x12.4x3.1x
Mon, 17 Jun 2024ر.ق561.4bر.ق188.6bر.ق46.3b12.9x12.1x3x
Wed, 15 May 2024ر.ق561.2bر.ق188.6bر.ق46.3b13.4x12.1x3x
Fri, 12 Apr 2024ر.ق576.2bر.ق186.6bر.ق45.9b13.7x12.6x3.1x
Sun, 10 Mar 2024ر.ق588.4bر.ق184.7bر.ق45.4b13.6x13x3.2x
Tue, 06 Feb 2024ر.ق575.9bر.ق187.1bر.ق46.1b13.6x12.5x3.1x
Thu, 04 Jan 2024ر.ق606.8bر.ق185.6bر.ق45.2b14.3x13.4x3.3x
Sat, 02 Dec 2023ر.ق588.0bر.ق185.6bر.ق45.2b14.1x13x3.2x
Mon, 30 Oct 2023ر.ق551.1bر.ق186.5bر.ق45.4b13.4x12.1x3x
Wed, 27 Sep 2023ر.ق607.4bر.ق183.6bر.ق45.2b14.2x13.4x3.3x
Fri, 25 Aug 2023ر.ق611.4bر.ق184.5bر.ق45.3b13.8x13.5x3.3x
Sun, 23 Jul 2023ر.ق617.5bر.ق186.5bر.ق47.0b14.8x13.2x3.3x
Tue, 20 Jun 2023ر.ق611.8bر.ق186.0bر.ق46.6b14.2x13.1x3.3x
Thu, 18 May 2023ر.ق627.3bر.ق185.3bر.ق47.0b14x13.4x3.4x
Sat, 15 Apr 2023ر.ق588.2bر.ق177.4bر.ق47.0b13.6x12.5x3.3x
Mon, 13 Mar 2023ر.ق610.3bر.ق184.7bر.ق47.2b13.7x12.9x3.3x
Wed, 08 Feb 2023ر.ق599.3bر.ق187.9bر.ق49.0b14.2x12.2x3.2x
Fri, 06 Jan 2023ر.ق632.2bر.ق183.0bر.ق48.0b14.4x13.2x3.5x
Sun, 04 Dec 2022ر.ق675.5bر.ق183.0bر.ق48.2b15.5x14x3.7x
Tue, 01 Nov 2022ر.ق695.4bر.ق182.9bر.ق48.2b15.9x14.4x3.8x
Thu, 29 Sep 2022ر.ق696.0bر.ق177.7bر.ق48.0b15.9x14.5x3.9x
Sat, 27 Aug 2022ر.ق765.4bر.ق177.7bر.ق48.0b17.7x16x4.3x
Mon, 25 Jul 2022ر.ق708.7bر.ق173.4bر.ق44.6b17.1x15.9x4.1x
Wed, 22 Jun 2022ر.ق680.1bر.ق172.1bر.ق44.7b17.7x15.2x4x
Fri, 20 May 2022ر.ق716.5bر.ق172.2bر.ق44.7b17.6x16x4.2x
Sun, 17 Apr 2022ر.ق792.7bر.ق167.2bر.ق42.2b18.7x18.8x4.7x
Tue, 15 Mar 2022ر.ق771.5bر.ق167.7bر.ق43.0b18.4x17.9x4.6x
Thu, 10 Feb 2022ر.ق741.1bر.ق162.3bر.ق40.8b18.8x18.2x4.6x
Sat, 08 Jan 2022ر.ق688.3bر.ق158.6bر.ق38.1b18.1x18x4.3x
Mon, 06 Dec 2021ر.ق675.7bر.ق156.0bر.ق37.9b19.3x17.8x4.3x
Price to Earnings Ratio

17.8x


Total Market Cap: ر.ق675.7bTotal Earnings: ر.ق37.9bTotal Revenue: ر.ق156.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Qatari Market Price to Earnings3Y Average 14.1x202220232024
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 14.1x.
Past Earnings Growth
  • The earnings for Qatari listed companies have grown 8.2% per year over the last three years.
  • Revenues for these companies have grown 7.1% 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-0.025%
Telecom1.38%
Utilities0.51%
Materials0.30%
Financials0.15%
Industrials0.13%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Consumer Staples-0.44%
Energy-0.63%
Consumer Discretionary-0.67%
Tech-0.74%
Healthcare-1.39%
Real Estate-2.51%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading close to its 3-year average PE ratio of 33.7x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
  • The Utilities sector is the least preferred by investors for future growth, which is trading below its 3-year average of 12.4x.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Staples sector, expecting annual earnings growth of 9.8% over the next 5 years.
  • This is better than its past earnings growth rate of 1.8% per year.
  • In contrast, the Materials sector is expected to see its earnings decline by 3.6% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
ORDS Ooredoo Q.P.S.Cر.ق11.841.8%
+ر.ق672.7m
15.1%PE11.6xTelecom
MARK Masraf Al Rayan (Q.P.S.C.)ر.ق2.412.7%
+ر.ق595.2m
-3.3%PB0.9xFinancials
QIBK Qatar Islamic Bank (Q.P.S.C.)ر.ق20.921.0%
+ر.ق496.2m
10.1%PB1.6xFinancials
IQCD Industries Qatar Q.P.S.Cر.ق12.980.6%
+ر.ق484.0m
3.8%PE15.9xIndustrials
CBQK Commercial Bank (P.S.Q.C.)ر.ق4.201.2%
+ر.ق198.3m
-21.2%PB0.6xFinancials
See more
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QATI

ر.ق2.08

Qatar Insurance Company Q.S.P.C

7D

-1.3%

1Y

-14.0%

DHBK

ر.ق1.83

Doha Bank Q.P.S.C

7D

-1.9%

1Y

13.7%

CBQK

ر.ق4.20

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

7D

1.2%

1Y

-21.2%

QGTS

ر.ق4.17

Qatar Gas Transport Company Limited (Nakilat) (QPSC)

7D

-0.9%

1Y

28.8%

QAMC

ر.ق1.27

Qatar Aluminium Manufacturing Company Q.P.S.C

7D

0.6%

1Y

0.2%

MARK

ر.ق2.41

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

7D

2.7%

1Y

-3.3%