MARK Stock Overview

Engages in Islamic banking, financing, and investing activities. More details

MARK fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	1/6
Past Performance	4/6
Financial Health	2/6
Dividends	3/6

Rewards

Earnings grew by 20.9% over the past year

Risk Analysis

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

Analyst Price Target

Consensus Narrative from 4 Analysts

Technological Investments And Asset Quality Improvements Will Boost Future Earnings

Key Takeaways Strategic investments and technology could enhance future revenue by improving operational efficiency and customer acquisition despite short-term costs. High-quality asset acquisition and prudent lending reduce credit risk, promising stable earnings and improved margins.

View narrative

ر.ق2.56

2.3% undervalued

-18.77%

Revenue growth p.a.

6 days ago

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

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

DSM:QIIK

ر.ق16.2b

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

DSM:CBQK

ر.ق17.5b

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

DSM:QIBK

ر.ق50.0b

Ahli Bank Q.P.S.C

DSM:ABQK

ر.ق8.9b

Price History & Performance

Summary of share price highs, lows and changes for Masraf Al Rayan (Q.P.S.C.)
Historical stock prices
Current Share Price	ر.ق2.50
52 Week High	ر.ق2.67
52 Week Low	ر.ق2.20
Beta	0.40
1 Month Change	6.21%
3 Month Change	1.96%
1 Year Change	-1.92%
3 Year Change	-48.51%
5 Year Change	-36.92%
Change since IPO	-1.65%

Recent updates

Masraf Al Rayan (Q.P.S.C.) (DSM:MARK) Has Affirmed Its Dividend Of QAR0.10

Feb 28

Shareholder Returns

	MARK	QA Banks	QA Market
7D	0.7%	-0.1%	-0.4%
1Y	-1.9%	2.1%	3.0%

Return vs Industry: MARK underperformed the QA Banks industry which returned 2.1% over the past year.

Return vs Market: MARK underperformed the QA Market which returned 3% over the past year.

Price Volatility

Is MARK's price volatile compared to industry and market?
MARK volatility
MARK Average Weekly Movement	1.9%
Banks Industry Average Movement	2.1%
Market Average Movement	2.3%
10% most volatile stocks in QA Market	3.7%
10% least volatile stocks in QA Market	1.5%

Stable Share Price: MARK has not had significant price volatility in the past 3 months compared to the QA market.

Volatility Over Time: MARK's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2006	n/a	Fahad Bin Abdulla Al Khalifa	www.alrayan.com

Masraf Al Rayan (Q.P.S.C.) engages in Islamic banking, financing, and investing activities. It operates through five segments: Corporate Banking, Retail Banking, Treasury and Financial Institutions, Asset Management, and International Operations segments. The company offers current, savings, investment, and term deposit, and kids accounts, as well as other investment products; personal, car, and home finance products; and credit cards and prepaid cards.

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

How do Masraf Al Rayan (Q.P.S.C.)'s earnings and revenue compare to its market cap?
MARK fundamental statistics
Market cap	ر.ق23.06b
Earnings (TTM)	ر.ق1.46b
Revenue (TTM)	ر.ق8.98b

16.0x

P/E Ratio

0.9x

P/B Ratio

Is MARK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MARK income statement (TTM)
Revenue	ر.ق8.98b
Cost of Revenue	ر.ق0
Gross Profit	ر.ق8.98b
Other Expenses	ر.ق7.52b
Earnings	ر.ق1.46b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.16
Gross Margin	100.00%
Net Profit Margin	16.22%
Debt/Equity Ratio	107.1%

How did MARK perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

64%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/24 15:56
End of Day Share Price	2024/12/24 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Masraf Al Rayan (Q.P.S.C.) is covered by 10 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Jaap Meijer	Arqaam Capital Research Offshore S.A.L.
Rahul Shah	Deutsche Bank
Elena Sanchez-Cabezudo	EFG-Hermes Research

MARK Stock Overview

Rewards

Risk Analysis

Technological Investments And Asset Quality Improvements Will Boost Future Earnings

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

DSM:QIIK

ر.ق16.2b

DSM:CBQK

ر.ق17.5b

DSM:QIBK

ر.ق50.0b

DSM:ABQK

ر.ق8.9b

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Masraf Al Rayan (Q.P.S.C.) to Report Q3, 2024 Results on Oct 14, 2024

Second quarter 2024 earnings released: EPS: ر.ق0.041 (vs ر.ق0.041 in 2Q 2023)

Aamal Readymix signed an agreement to acquire Ci-San Trading W.L.L from Masraf Al Rayan (Q.P.S.C.) (DSM:MARK) for QAR 32 million.

First quarter 2024 earnings released: EPS: ر.ق0.044 (vs ر.ق0.041 in 1Q 2023)

Recent updates

Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Masraf Al Rayan (Q.P.S.C.) to Report Q3, 2024 Results on Oct 14, 2024

Second quarter 2024 earnings released: EPS: ر.ق0.041 (vs ر.ق0.041 in 2Q 2023)

Aamal Readymix signed an agreement to acquire Ci-San Trading W.L.L from Masraf Al Rayan (Q.P.S.C.) (DSM:MARK) for QAR 32 million.

First quarter 2024 earnings released: EPS: ر.ق0.044 (vs ر.ق0.041 in 1Q 2023)

Masraf Al Rayan (Q.P.S.C.) to Report Q1, 2024 Results on Apr 25, 2024

Aamal and Masraf Al Rayan Commence Negotiations for Sale of Bank's Shares in CI San Trading

Aamal and Masraf Al Rayan Commence Negotiations for Sale of Bank's Shares in CI San Trading

Masraf Al Rayan Q.P.S.C. Announces Board Changes

Masraf Al Rayan (Q.P.S.C.) (DSM:MARK) Has Affirmed Its Dividend Of QAR0.10

Dividend of ر.ق0.10 announced

Masraf Al Rayan (Q.P.S.C.), Annual General Meeting, Mar 18, 2024

New major risk - Share price stability

Full year 2023 earnings released: EPS: ر.ق0.15 (vs ر.ق0.14 in FY 2022)

Price target increased by 9.4% to ر.ق2.44

New minor risk - Share price stability

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates increase by 11%

Price target decreased by 8.8% to ر.ق2.32

Consensus EPS estimates fall by 18%

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates fall by 13%

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Price target decreased by 16% to ر.ق3.34

Masraf Al Rayan (Q.P.S.C.) to Report Fiscal Year 2022 Results on Jan 29, 2023

Price target increased to ر.ق4.59

Price target decreased to ر.ق4.36

Price target decreased to ر.ق4.36

Third quarter 2022 earnings released: EPS: ر.ق0.036 (vs ر.ق0.076 in 3Q 2021)

Masraf Al Rayan (Q.P.S.C.) to Report Q3, 2022 Results on Oct 25, 2022

Masraf Al Rayan (Q.P.S.C.), Annual General Meeting, Nov 09, 2022

Investor sentiment improved over the past week

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Masraf Al Rayan (Q.P.S.C.) to Report First Half, 2022 Results on Jul 21, 2022

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Masraf Al Rayan (Q.P.S.C.) to Report Q1, 2022 Results on Apr 27, 2022

Consensus EPS estimates fall by 13%

Al Rayan Bank Appoints Phillip Trevett as New Chief Risk Officer

Full year 2021 earnings: EPS and revenues miss analyst expectations

Insufficient new directors

Price target increased to ر.ق5.54

Masraf Al Rayan (Q.P.S.C.) (DSM:MARK) completed the acquisition of Al Khalij Commercial Bank (al khaliji) P.Q.S.C. (DSM:KCBK).

Price target increased to ر.ق5.33

Insufficient new directors

Third quarter 2021 earnings released: EPS ر.ق0.076 (vs ر.ق0.077 in 3Q 2020)

Second quarter 2021 earnings released: EPS ر.ق0.076 (vs ر.ق0.072 in 2Q 2020)

Group Chief Executive Officer Adel Mustafawi has left the company

Price target increased to ر.ق4.68

Consensus forecasts updated

First quarter 2021 earnings released: EPS ر.ق0.077 (vs ر.ق0.073 in 1Q 2020)

New 90-day low: ر.ق4.21

Analysts update estimates

Price target raised to ر.ق4.21

Full year 2020 earnings released: EPS ر.ق0.29

Revenue and earnings miss expectations

Masraf Al Rayan (Q.P.S.C.), Annual General Meeting, Mar 02, 2021

New 90-day high: ر.ق4.60

Analysts increase revenue estimates to ر.ق3.88b

Masraf Al Rayan (Q.P.S.C.) (DSM:MARK) entered into a merger agreement to acquire Al Khalij Commercial Bank (al khaliji) P.Q.S.C. (DSM:KCBK) for QAR 8.1 billion.