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Qatari (QE) Market Analysis & Valuation

UpdatedDec 20, 2024
DataAggregated Company Financials
Companies54
  • 7D-0.6%
  • 3M1.7%
  • 1Y3.7%
  • YTD-0.3%

Over the last 7 days, the market has remained flat, with no particular sector making any big moves this week. More promisingly, the market is up 3.7% over the past year. 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
Fri, 20 Dec 2024ر.ق619.4bر.ق191.7bر.ق48.0b13.2x12.9x3.2x
Sun, 17 Nov 2024ر.ق619.9bر.ق191.7bر.ق48.0b13.2x12.9x3.2x
Tue, 15 Oct 2024ر.ق617.4bر.ق189.3bر.ق47.3b13.5x13.1x3.3x
Thu, 12 Sep 2024ر.ق593.1bر.ق190.9bر.ق46.9b13.4x12.6x3.1x
Sat, 10 Aug 2024ر.ق573.4bر.ق190.6bر.ق46.5b12.9x12.3x3x
Mon, 08 Jul 2024ر.ق584.4bر.ق188.6bر.ق46.3b13.2x12.6x3.1x
Wed, 05 Jun 2024ر.ق548.7bر.ق188.6bر.ق46.3b13x11.9x2.9x
Fri, 03 May 2024ر.ق552.4bر.ق188.5bر.ق45.8b13.2x12.1x2.9x
Sun, 31 Mar 2024ر.ق574.4bر.ق184.7bر.ق45.6b13.7x12.6x3.1x
Tue, 27 Feb 2024ر.ق601.0bر.ق184.2bر.ق46.3b14x13x3.3x
Thu, 25 Jan 2024ر.ق602.8bر.ق186.1bر.ق45.6b14.3x13.2x3.2x
Sat, 23 Dec 2023ر.ق597.4bر.ق185.6bر.ق45.2b13.9x13.2x3.2x
Mon, 20 Nov 2023ر.ق599.3bر.ق185.6bر.ق45.2b14.3x13.3x3.2x
Wed, 18 Oct 2023ر.ق597.0bر.ق185.6bر.ق45.5b13.8x13.1x3.2x
Fri, 15 Sep 2023ر.ق606.4bر.ق185.0bر.ق45.5b14.3x13.3x3.3x
Sun, 13 Aug 2023ر.ق630.9bر.ق184.2bر.ق45.3b14.7x13.9x3.4x
Tue, 11 Jul 2023ر.ق600.8bر.ق185.9bر.ق46.6b13.9x12.9x3.2x
Thu, 08 Jun 2023ر.ق609.2bر.ق185.8bر.ق46.9b14.7x13x3.3x
Sat, 06 May 2023ر.ق622.9bر.ق187.4bر.ق48.5b13.8x12.8x3.3x
Mon, 03 Apr 2023ر.ق585.9bر.ق175.0bر.ق46.8b13.5x12.5x3.3x
Wed, 01 Mar 2023ر.ق610.8bر.ق185.6bر.ق47.5b13.9x12.9x3.3x
Fri, 27 Jan 2023ر.ق630.7bر.ق186.9bر.ق49.3b14.9x12.8x3.4x
Sun, 25 Dec 2022ر.ق623.7bر.ق183.0bر.ق48.0b14.5x13x3.4x
Tue, 22 Nov 2022ر.ق661.4bر.ق183.0bر.ق48.2b15.5x13.7x3.6x
Thu, 20 Oct 2022ر.ق706.0bر.ق183.0bر.ق48.6b15.5x14.5x3.9x
Sat, 17 Sep 2022ر.ق735.1bر.ق177.7bر.ق48.0b17.6x15.3x4.1x
Mon, 15 Aug 2022ر.ق765.9bر.ق178.8bر.ق46.0b17.7x16.7x4.3x
Wed, 13 Jul 2022ر.ق672.4bر.ق173.2bر.ق44.7b16.9x15x3.9x
Fri, 10 Jun 2022ر.ق732.6bر.ق172.1bر.ق44.7b18.4x16.4x4.3x
Sun, 08 May 2022ر.ق761.5bر.ق169.5bر.ق44.3b17.5x17.2x4.5x
Tue, 05 Apr 2022ر.ق765.7bر.ق166.8bر.ق42.3b18.4x18.1x4.6x
Thu, 03 Mar 2022ر.ق775.9bر.ق167.2bر.ق42.6b18x18.2x4.6x
Sat, 29 Jan 2022ر.ق725.8bر.ق159.7bر.ق39.3b17.8x18.5x4.5x
Mon, 27 Dec 2021ر.ق677.5bر.ق158.6bر.ق38.1b21x17.8x4.3x
Price to Earnings Ratio

17.8x


Total Market Cap: ر.ق677.5bTotal 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 Market-0.55%
Healthcare1.69%
Consumer Discretionary0.54%
Consumer Staples0.14%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Energy-0.26%
Financials-0.36%
Materials-0.43%
Industrials-0.65%
Telecom-0.98%
Tech-1.05%
Real Estate-1.15%
Utilities-2.24%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading close to its 3-year average PE ratio of 33.9x.
    • 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
QATI Qatar Insurance Company Q.S.P.Cر.ق2.236.1%
+ر.ق421.3m
-6.9%PE7.4xFinancials
GISS Gulf International Services Q.P.S.Cر.ق3.224.3%
+ر.ق247.2m
18.2%PE10.4xEnergy
QFLS Qatar Fuel Company Q.P.S.C. (WOQOD)ر.ق15.000.5%
+ر.ق79.5m
-5.0%PE14.3xEnergy
IGRD Estithmar Holding Q.P.S.Cر.ق1.831.3%
+ر.ق78.3m
-10.5%PE16.3xIndustrials
DHBK Doha Bank Q.P.S.Cر.ق2.001.1%
+ر.ق65.1m
21.6%PB0.4xFinancials
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

ORDS

ر.ق11.57

Ooredoo Q.P.S.C

7D

-1.1%

1Y

11.3%

GWCS

ر.ق3.38

Gulf Warehousing Company Q.P.S.C

7D

1.4%

1Y

9.0%

AHCS

ر.ق0.88

Aamal Company Q.P.S.C

7D

0.5%

1Y

4.1%

QATI

ر.ق2.23

Qatar Insurance Company Q.S.P.C

7D

6.1%

1Y

-6.9%

GISS

ر.ق3.22

Gulf International Services Q.P.S.C

7D

4.3%

1Y

18.2%

IGRD

ر.ق1.83

Estithmar Holding Q.P.S.C

7D

1.3%

1Y

-10.5%

DHBK

ر.ق2.00

Doha Bank Q.P.S.C

7D

1.1%

1Y

21.6%