Qatar Electricity & Water Company Q.P.S.C. (DSM:QEWS) Just Released Its Third-Quarter Results And Analysts Are Updating Their Estimates
Oct 30
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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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 31 Oct 2024 | ر.ق623.8b | ر.ق190.8b | ر.ق47.8b | 13.3x | 13x | 3.3x |
| Sat, 28 Sep 2024 | ر.ق618.7b | ر.ق189.8b | ر.ق47.0b | 13.9x | 13.2x | 3.3x |
| Mon, 26 Aug 2024 | ر.ق585.6b | ر.ق190.9b | ر.ق46.9b | 13x | 12.5x | 3.1x |
| Wed, 24 Jul 2024 | ر.ق586.5b | ر.ق190.2b | ر.ق46.7b | 13.4x | 12.6x | 3.1x |
| Fri, 21 Jun 2024 | ر.ق562.6b | ر.ق188.6b | ر.ق46.3b | 13.1x | 12.2x | 3x |
| Sun, 19 May 2024 | ر.ق563.1b | ر.ق188.7b | ر.ق46.3b | 13.3x | 12.2x | 3x |
| Tue, 16 Apr 2024 | ر.ق575.3b | ر.ق186.6b | ر.ق45.9b | 14.2x | 12.5x | 3.1x |
| Thu, 14 Mar 2024 | ر.ق587.1b | ر.ق184.7b | ر.ق45.4b | 13.9x | 12.9x | 3.2x |
| Sat, 10 Feb 2024 | ر.ق577.2b | ر.ق187.6b | ر.ق46.1b | 13.7x | 12.5x | 3.1x |
| Mon, 08 Jan 2024 | ر.ق611.7b | ر.ق185.6b | ر.ق45.2b | 14.3x | 13.5x | 3.3x |
| Wed, 06 Dec 2023 | ر.ق582.5b | ر.ق185.6b | ر.ق45.2b | 14x | 12.9x | 3.1x |
| Fri, 03 Nov 2023 | ر.ق565.3b | ر.ق187.2b | ر.ق45.2b | 14.2x | 12.5x | 3x |
| Sun, 01 Oct 2023 | ر.ق604.4b | ر.ق183.6b | ر.ق45.2b | 14.2x | 13.4x | 3.3x |
| Tue, 29 Aug 2023 | ر.ق608.7b | ر.ق184.6b | ر.ق45.5b | 13.6x | 13.4x | 3.3x |
| Thu, 27 Jul 2023 | ر.ق631.5b | ر.ق186.5b | ر.ق47.0b | 14.9x | 13.4x | 3.4x |
| Sat, 24 Jun 2023 | ر.ق598.2b | ر.ق186.0b | ر.ق46.6b | 13.7x | 12.8x | 3.2x |
| Mon, 22 May 2023 | ر.ق630.5b | ر.ق185.3b | ر.ق47.0b | 14.6x | 13.4x | 3.4x |
| Wed, 19 Apr 2023 | ر.ق577.3b | ر.ق181.8b | ر.ق47.5b | 13.5x | 12.1x | 3.2x |
| Fri, 17 Mar 2023 | ر.ق571.4b | ر.ق174.9b | ر.ق46.9b | 12.9x | 12.2x | 3.3x |
| Sun, 12 Feb 2023 | ر.ق588.3b | ر.ق188.4b | ر.ق48.0b | 14.2x | 12.2x | 3.1x |
| Tue, 10 Jan 2023 | ر.ق650.2b | ر.ق183.0b | ر.ق48.0b | 14.8x | 13.6x | 3.6x |
| Thu, 08 Dec 2022 | ر.ق642.0b | ر.ق183.0b | ر.ق48.2b | 15x | 13.3x | 3.5x |
| Sat, 05 Nov 2022 | ر.ق688.0b | ر.ق183.1b | ر.ق48.2b | 15.8x | 14.3x | 3.8x |
| Mon, 03 Oct 2022 | ر.ق698.0b | ر.ق177.7b | ر.ق48.0b | 16x | 14.5x | 3.9x |
| Wed, 31 Aug 2022 | ر.ق758.1b | ر.ق177.7b | ر.ق48.0b | 17.3x | 15.8x | 4.3x |
| Fri, 29 Jul 2022 | ر.ق720.8b | ر.ق176.7b | ر.ق44.7b | 17.4x | 16.1x | 4.1x |
| Sun, 26 Jun 2022 | ر.ق660.0b | ر.ق172.1b | ر.ق44.7b | 15.9x | 14.8x | 3.8x |
| Tue, 24 May 2022 | ر.ق724.4b | ر.ق172.1b | ر.ق44.7b | 17x | 16.2x | 4.2x |
| Thu, 21 Apr 2022 | ر.ق779.5b | ر.ق167.3b | ر.ق42.2b | 18.7x | 18.5x | 4.7x |
| Sat, 19 Mar 2022 | ر.ق766.8b | ر.ق167.7b | ر.ق43.0b | 18.2x | 17.8x | 4.6x |
| Mon, 14 Feb 2022 | ر.ق740.0b | ر.ق162.4b | ر.ق41.3b | 12.5x | 17.9x | 4.6x |
| Wed, 12 Jan 2022 | ر.ق693.3b | ر.ق158.6b | ر.ق38.1b | 18.1x | 18.2x | 4.4x |
| Fri, 10 Dec 2021 | ر.ق676.3b | ر.ق158.1b | ر.ق38.0b | 18.4x | 17.8x | 4.3x |
| Sun, 07 Nov 2021 | ر.ق689.9b | ر.ق155.5b | ر.ق37.5b | 19.1x | 18.4x | 4.4x |
Price to Earnings Ratio
18.4x
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 Market | 1.91% | |
| Real Estate | 23.44% | |
| Healthcare | 6.94% | |
| Tech | 2.70% | |
| Utilities | 1.59% | |
| Consumer Staples | 0.98% | |
| Telecom | 0.94% | |
| Financials | 0.84% | |
| Materials | 0.42% | |
| Information Technology | 0% | |
| Financials | 0% | |
| Health Care | 0% | |
| Industrials | 0% | |
| 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?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| ERES Ezdan Holding Group Q.P.S.C | ر.ق1.21 | 30.0% +ر.ق7.4b | 35.5% | PE379.9x | Real Estate | |
| QNBK Qatar National Bank (Q.P.S.C.) | ر.ق17.35 | 0.9% +ر.ق1.4b | 14.9% | PB1.4x | Financials | |
| ORDS Ooredoo Q.P.S.C | ر.ق11.44 | 1.7% +ر.ق608.6m | 13.8% | PE11.2x | Telecom | |
| CBQK Commercial Bank (P.S.Q.C.) | ر.ق4.25 | 3.7% +ر.ق607.1m | -18.9% | PB0.7x | Financials | |
| QEWS Qatar Electricity & Water Company Q.P.S.C | ر.ق16.22 | 3.3% +ر.ق572.0m | -2.0% | PE10.8x | Utilities |
