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Qatari (QE) Market Analysis & Valuation

UpdatedOct 31, 2024
DataAggregated Company Financials
Companies54
  • 7D1.9%
  • 3M6.4%
  • 1Y10.3%
  • YTD0.3%

Over the last 7 days, the market has risen 1.9%, driven by gains of 23% in the Real Estate sector. As for the past 12 months, the market is up 10%. Looking forward, earnings are forecast to grow by 6.4% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 31 Oct 2024ر.ق623.8bر.ق190.8bر.ق47.8b13.3x13x3.3x
Sat, 28 Sep 2024ر.ق618.7bر.ق189.8bر.ق47.0b13.9x13.2x3.3x
Mon, 26 Aug 2024ر.ق585.6bر.ق190.9bر.ق46.9b13x12.5x3.1x
Wed, 24 Jul 2024ر.ق586.5bر.ق190.2bر.ق46.7b13.4x12.6x3.1x
Fri, 21 Jun 2024ر.ق562.6bر.ق188.6bر.ق46.3b13.1x12.2x3x
Sun, 19 May 2024ر.ق563.1bر.ق188.7bر.ق46.3b13.3x12.2x3x
Tue, 16 Apr 2024ر.ق575.3bر.ق186.6bر.ق45.9b14.2x12.5x3.1x
Thu, 14 Mar 2024ر.ق587.1bر.ق184.7bر.ق45.4b13.9x12.9x3.2x
Sat, 10 Feb 2024ر.ق577.2bر.ق187.6bر.ق46.1b13.7x12.5x3.1x
Mon, 08 Jan 2024ر.ق611.7bر.ق185.6bر.ق45.2b14.3x13.5x3.3x
Wed, 06 Dec 2023ر.ق582.5bر.ق185.6bر.ق45.2b14x12.9x3.1x
Fri, 03 Nov 2023ر.ق565.3bر.ق187.2bر.ق45.2b14.2x12.5x3x
Sun, 01 Oct 2023ر.ق604.4bر.ق183.6bر.ق45.2b14.2x13.4x3.3x
Tue, 29 Aug 2023ر.ق608.7bر.ق184.6bر.ق45.5b13.6x13.4x3.3x
Thu, 27 Jul 2023ر.ق631.5bر.ق186.5bر.ق47.0b14.9x13.4x3.4x
Sat, 24 Jun 2023ر.ق598.2bر.ق186.0bر.ق46.6b13.7x12.8x3.2x
Mon, 22 May 2023ر.ق630.5bر.ق185.3bر.ق47.0b14.6x13.4x3.4x
Wed, 19 Apr 2023ر.ق577.3bر.ق181.8bر.ق47.5b13.5x12.1x3.2x
Fri, 17 Mar 2023ر.ق571.4bر.ق174.9bر.ق46.9b12.9x12.2x3.3x
Sun, 12 Feb 2023ر.ق588.3bر.ق188.4bر.ق48.0b14.2x12.2x3.1x
Tue, 10 Jan 2023ر.ق650.2bر.ق183.0bر.ق48.0b14.8x13.6x3.6x
Thu, 08 Dec 2022ر.ق642.0bر.ق183.0bر.ق48.2b15x13.3x3.5x
Sat, 05 Nov 2022ر.ق688.0bر.ق183.1bر.ق48.2b15.8x14.3x3.8x
Mon, 03 Oct 2022ر.ق698.0bر.ق177.7bر.ق48.0b16x14.5x3.9x
Wed, 31 Aug 2022ر.ق758.1bر.ق177.7bر.ق48.0b17.3x15.8x4.3x
Fri, 29 Jul 2022ر.ق720.8bر.ق176.7bر.ق44.7b17.4x16.1x4.1x
Sun, 26 Jun 2022ر.ق660.0bر.ق172.1bر.ق44.7b15.9x14.8x3.8x
Tue, 24 May 2022ر.ق724.4bر.ق172.1bر.ق44.7b17x16.2x4.2x
Thu, 21 Apr 2022ر.ق779.5bر.ق167.3bر.ق42.2b18.7x18.5x4.7x
Sat, 19 Mar 2022ر.ق766.8bر.ق167.7bر.ق43.0b18.2x17.8x4.6x
Mon, 14 Feb 2022ر.ق740.0bر.ق162.4bر.ق41.3b12.5x17.9x4.6x
Wed, 12 Jan 2022ر.ق693.3bر.ق158.6bر.ق38.1b18.1x18.2x4.4x
Fri, 10 Dec 2021ر.ق676.3bر.ق158.1bر.ق38.0b18.4x17.8x4.3x
Sun, 07 Nov 2021ر.ق689.9bر.ق155.5bر.ق37.5b19.1x18.4x4.4x
Price to Earnings Ratio

18.4x


Total Market Cap: ر.ق689.9bTotal Earnings: ر.ق37.5bTotal Revenue: ر.ق155.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Qatari Market Price to Earnings3Y Average 14.2x202220232024
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 14.2x.
Past Earnings Growth
  • The earnings for Qatari listed companies have grown 8.4% per year over the last three years.
  • Revenues for these companies have grown 7.0% 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 Market1.91%
Real Estate23.44%
Healthcare6.94%
Tech2.70%
Utilities1.59%
Consumer Staples0.98%
Telecom0.94%
Financials0.84%
Materials0.42%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Consumer Discretionary-0.12%
Energy-0.78%
Industrials-0.79%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading close to its 3-year average PE ratio of 33.5x.
    • 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 12.5x.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 10% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Materials sector is expected to see its earnings decline by 4.6% 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
ERES Ezdan Holding Group Q.P.S.Cر.ق1.2130.0%
+ر.ق7.4b
35.5%PE379.9xReal Estate
QNBK Qatar National Bank (Q.P.S.C.)ر.ق17.350.9%
+ر.ق1.4b
14.9%PB1.4xFinancials
ORDS Ooredoo Q.P.S.Cر.ق11.441.7%
+ر.ق608.6m
13.8%PE11.2xTelecom
CBQK Commercial Bank (P.S.Q.C.)ر.ق4.253.7%
+ر.ق607.1m
-18.9%PB0.7xFinancials
QEWS Qatar Electricity & Water Company Q.P.S.Cر.ق16.223.3%
+ر.ق572.0m
-2.0%PE10.8xUtilities
See more
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Latest News

ORDS

ر.ق11.44

Ooredoo Q.P.S.C

7D

1.7%

1Y

13.8%

QGRI

ر.ق1.28

Qatar General Insurance & Reinsurance Company Q.P.S.C

7D

-8.9%

1Y

7.1%

QNCD

ر.ق3.68

Qatar National Cement Company (Q.P.S.C.)

7D

-0.9%

1Y

3.5%

ERES

ر.ق1.21

Ezdan Holding Group Q.P.S.C

7D

30.0%

1Y

35.5%

CBQK

ر.ق4.25

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

7D

3.7%

1Y

-18.9%

QNNS

ر.ق11.45

Qatar Navigation Q.P.S.C

7D

4.0%

1Y

20.0%

GWCS

ر.ق3.27

Gulf Warehousing Company Q.P.S.C

7D

-0.5%

1Y

2.3%

QGTS

ر.ق4.28

Qatar Gas Transport Company Limited (Nakilat) (QPSC)

7D

-0.2%

1Y

21.2%

MPHC

ر.ق1.58

Mesaieed Petrochemical Holding Company Q.P.S.C

7D

-0.2%

1Y

-0.8%

QIBK

ر.ق20.50

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

7D

1.0%

1Y

14.5%

IHGS

ر.ق4.02

INMA Holding Company Q.P.S.C

7D

-2.7%

1Y

3.8%

QNBK

ر.ق17.35

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

7D

0.9%

1Y

14.9%