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Qatari (QE) Market Analysis & Valuation

UpdatedDec 25, 2024
DataAggregated Company Financials
Companies54
  • 7D0.5%
  • 3M1.1%
  • 1Y3.2%
  • YTD0.1%

The market has been flat over the last week. More promisingly, the market is up 3.2% over the past year. Looking forward, earnings are forecast to grow by 6.1% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 25 Dec 2024ر.ق622.4bر.ق191.7bر.ق48.0b13.4x13x3.2x
Fri, 22 Nov 2024ر.ق617.7bر.ق191.7bر.ق48.0b13.2x12.9x3.2x
Sun, 20 Oct 2024ر.ق631.0bر.ق189.7bر.ق47.3b13.2x13.3x3.3x
Tue, 17 Sep 2024ر.ق605.2bر.ق190.9bر.ق46.9b13.6x12.9x3.2x
Thu, 15 Aug 2024ر.ق586.4bر.ق190.5bر.ق46.9b12.7x12.5x3.1x
Sat, 13 Jul 2024ر.ق589.0bر.ق189.6bر.ق46.6b13.3x12.6x3.1x
Mon, 10 Jun 2024ر.ق553.0bر.ق188.6bر.ق46.3b13x11.9x2.9x
Wed, 08 May 2024ر.ق552.6bر.ق188.5bر.ق45.8b13x12.1x2.9x
Fri, 05 Apr 2024ر.ق569.8bر.ق184.7bر.ق45.6b13.5x12.5x3.1x
Sun, 03 Mar 2024ر.ق604.0bر.ق184.2bر.ق46.4b13.9x13x3.3x
Tue, 30 Jan 2024ر.ق592.5bر.ق187.1bر.ق46.4b13.9x12.8x3.2x
Thu, 28 Dec 2023ر.ق608.1bر.ق185.6bر.ق45.2b14.2x13.4x3.3x
Sat, 25 Nov 2023ر.ق595.6bر.ق185.6bر.ق45.2b14.3x13.2x3.2x
Mon, 23 Oct 2023ر.ق572.9bر.ق186.8bر.ق45.6b13.8x12.6x3.1x
Wed, 20 Sep 2023ر.ق605.2bر.ق185.0bر.ق45.5b14x13.3x3.3x
Fri, 18 Aug 2023ر.ق614.5bر.ق184.4bر.ق44.9b14.3x13.7x3.3x
Sun, 16 Jul 2023ر.ق605.5bر.ق186.3bر.ق46.9b14.3x12.9x3.2x
Tue, 13 Jun 2023ر.ق593.7bر.ق186.0bر.ق45.9b14.1x12.9x3.2x
Thu, 11 May 2023ر.ق628.7bر.ق185.5bر.ق46.8b14.2x13.4x3.4x
Sat, 08 Apr 2023ر.ق601.7bر.ق175.1bر.ق46.8b13.6x12.8x3.4x
Mon, 06 Mar 2023ر.ق611.5bر.ق184.7bر.ق47.2b13.7x13x3.3x
Wed, 01 Feb 2023ر.ق620.3bر.ق186.9bر.ق49.0b14.7x12.7x3.3x
Fri, 30 Dec 2022ر.ق609.1bر.ق183.0bر.ق48.0b14.4x12.7x3.3x
Sun, 27 Nov 2022ر.ق664.2bر.ق183.0bر.ق48.2b15.3x13.8x3.6x
Tue, 25 Oct 2022ر.ق701.0bر.ق183.0bر.ق48.5b15.6x14.5x3.8x
Thu, 22 Sep 2022ر.ق706.4bر.ق177.7bر.ق48.0b16.5x14.7x4x
Sat, 20 Aug 2022ر.ق781.8bر.ق179.5bر.ق46.0b18.2x17x4.4x
Mon, 18 Jul 2022ر.ق666.9bر.ق172.9bر.ق44.7b16.8x14.9x3.9x
Wed, 15 Jun 2022ر.ق715.3bر.ق172.1bر.ق44.7b18.3x16x4.2x
Fri, 13 May 2022ر.ق759.7bر.ق169.8bر.ق44.5b17.5x17.1x4.5x
Sun, 10 Apr 2022ر.ق790.5bر.ق166.8bر.ق42.3b18.6x18.7x4.7x
Tue, 08 Mar 2022ر.ق781.5bر.ق167.6bر.ق43.0b18.7x18.2x4.7x
Thu, 03 Feb 2022ر.ق732.7bر.ق159.4bر.ق38.8b19x18.9x4.6x
Sat, 01 Jan 2022ر.ق676.3bر.ق158.6bر.ق38.1b17.4x17.7x4.3x
Price to Earnings Ratio

17.7x


Total Market Cap: ر.ق676.3bTotal Earnings: ر.ق38.1bTotal Revenue: ر.ق158.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Qatari Market Price to Earnings3Y Average 14x202220232024
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 14.0x.
Past Earnings Growth
  • The earnings for Qatari listed companies have grown 8.0% per year over the last three years.
  • Revenues for these companies have grown 6.5% 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 Market0.47%
Tech1.37%
Industrials0.96%
Utilities0.96%
Energy0.60%
Financials0.58%
Consumer Staples0.34%
Healthcare0.17%
Materials0.021%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Telecom-0.28%
Real Estate-0.64%
Consumer Discretionary-1.36%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 33.9x.
    • 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 12.3x.
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 Industrials sector is expected to see its earnings grow by 3.0% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
DUBK Dukhan Bank Q.P.S.Cر.ق3.693.4%
+ر.ق623.5m
-7.5%PB1.3xFinancials
IQCD Industries Qatar Q.P.S.Cر.ق13.000.8%
+ر.ق605.0m
0.8%PE15.9xIndustrials
QIBK Qatar Islamic Bank (Q.P.S.C.)ر.ق21.020.8%
+ر.ق378.1m
-0.8%PB1.6xFinancials
IGRD Estithmar Holding Q.P.S.Cر.ق1.893.5%
+ر.ق217.9m
-7.3%PE16.9xIndustrials
GISS Gulf International Services Q.P.S.Cر.ق3.302.5%
+ر.ق152.4m
20.7%PE10.7xEnergy
See more
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Market Insights

This is our last newsletter of the year and a good time to focus on the third of those principles - the investing lessons we can all take from 2024...

Latest News

IGRD

ر.ق1.89

Estithmar Holding Q.P.S.C

7D

3.5%

1Y

-7.3%

ORDS

ر.ق11.48

Ooredoo Q.P.S.C

7D

-0.8%

1Y

5.6%

AHCS

ر.ق0.87

Aamal Company Q.P.S.C

7D

-1.7%

1Y

1.5%

QATI

ر.ق2.16

Qatar Insurance Company Q.S.P.C

7D

-3.2%

1Y

-13.0%

GISS

ر.ق3.30

Gulf International Services Q.P.S.C

7D

2.5%

1Y

20.7%