Masraf Al Rayan (Q.P.S.C.) Future Growth

Future criteria checks 1/6

Masraf Al Rayan (Q.P.S.C.)'s revenue is forecast to decline at 13.2% per annum while its annual earnings are expected to grow at 13.6% per year. EPS is expected to grow by 13.6% per annum. Return on equity is forecast to be 7.3% in 3 years.

Key information

13.6%

Earnings growth rate

13.6%

EPS growth rate

Banks earnings growth	7.3%
Revenue growth rate	-13.2%
Future return on equity	7.3%
Analyst coverage	Low
Last updated	01 May 2024

Recent future growth updates

Recent updates

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

Feb 28

Need To Know: Analysts Are Much More Bullish On Masraf Al Rayan (Q.P.S.C.) (DSM:MARK) Revenues

Apr 25

Should You Or Shouldn't You: A Dividend Analysis on Masraf Al Rayan (Q.P.S.C.) (DSM:MARK)

Mar 26

What Type Of Shareholders Own The Most Number of Masraf Al Rayan (Q.P.S.C.) (DSM:MARK) Shares?

Feb 18

Industry Analysts Just Upgraded Their Masraf Al Rayan (Q.P.S.C.) (DSM:MARK) Revenue Forecasts By 16%

Jan 13

Did You Participate In Any Of Masraf Al Rayan (Q.P.S.C.)'s (DSM:MARK) Respectable 64% Return?

Dec 13

Earnings and Revenue Growth Forecasts

DSM:MARK - Analysts future estimates and past financials data (QAR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	4,217	1,775	N/A	N/A	4
12/31/2025	3,916	1,547	N/A	N/A	4
12/31/2024	3,605	1,401	N/A	N/A	4
3/31/2024	8,680	1,427	-1,692	-1,608	N/A
12/31/2023	8,310	1,406	14,022	14,119	N/A
9/30/2023	7,627	1,205	9,182	9,441	N/A
6/30/2023	6,853	1,063	7,738	7,999	N/A
3/31/2023	6,163	1,196	8,084	8,320	N/A
12/31/2022	5,527	1,298	9,649	9,906	N/A
9/30/2022	4,851	1,288	-2,917	-2,818	N/A
6/30/2022	4,488	1,526	-2,710	-2,617	N/A
3/31/2022	4,185	1,583	-9,954	-9,864	N/A
12/31/2021	4,007	1,670	-19,849	-19,798	N/A
9/30/2021	4,383	2,226	-9,706	-9,647	N/A
6/30/2021	4,386	2,235	-8,819	-8,752	N/A
3/31/2021	4,512	2,203	-8,468	-8,423	N/A
12/31/2020	4,689	2,175	-2,237	-2,168	N/A
9/30/2020	4,888	2,187	3,154	3,242	N/A
6/30/2020	5,083	2,184	107	187	N/A
3/31/2020	5,186	2,181	1,521	1,604	N/A
12/31/2019	5,164	2,178	2,430	2,487	N/A
9/30/2019	5,126	2,152	-130	-97	N/A
6/30/2019	5,019	2,143	-3,570	-3,535	N/A
3/31/2019	4,923	2,144	-10,470	-10,424	N/A
12/31/2018	4,880	2,130	-7,162	-7,117	N/A
9/30/2018	4,706	2,098	-8,299	-8,255	N/A
6/30/2018	4,586	2,074	2,625	2,670	N/A
3/31/2018	4,433	2,049	7,204	7,236	N/A
12/31/2017	4,233	2,028	N/A	2,917	N/A
9/30/2017	4,109	2,077	N/A	7,285	N/A
6/30/2017	3,919	2,044	N/A	-2,140	N/A
3/31/2017	3,824	2,040	N/A	-2,543	N/A
12/31/2016	3,752	2,075	N/A	1,952	N/A
9/30/2016	3,700	2,119	N/A	-2,200	N/A
6/30/2016	3,521	2,126	N/A	4,271	N/A
3/31/2016	3,430	2,108	N/A	7,474	N/A
12/31/2015	3,290	2,073	N/A	6,943	N/A
9/30/2015	3,217	2,090	N/A	5,175	N/A
6/30/2015	3,284	2,097	N/A	-2,873	N/A
3/31/2015	3,160	2,081	N/A	-11,413	N/A
12/31/2014	3,065	2,002	N/A	-15,521	N/A
9/30/2014	2,959	1,878	N/A	-8,583	N/A
6/30/2014	2,825	1,785	N/A	-5,867	N/A
3/31/2014	2,754	1,735	N/A	-1,434	N/A
12/31/2013	2,692	1,702	N/A	1,941	N/A
9/30/2013	2,676	1,671	N/A	-10,434	N/A
6/30/2013	2,624	1,600	N/A	-16,160	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MARK's forecast earnings growth (13.6% per year) is below the savings rate (14.3%).

Earnings vs Market: MARK's earnings (13.6% per year) are forecast to grow faster than the QA market (6.6% per year).

High Growth Earnings: MARK's earnings are forecast to grow, but not significantly.

Revenue vs Market: MARK's revenue is expected to decline over the next 3 years (-13.2% per year).

High Growth Revenue: MARK's revenue is forecast to decline over the next 3 years (-13.2% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MARK's Return on Equity is forecast to be low in 3 years time (7.3%).

Masraf Al Rayan (Q.P.S.C.) Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

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

Consensus EPS estimates increase by 11%

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

Consensus EPS estimates fall by 18%

Consensus EPS estimates fall by 13%

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

Recent updates

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

Need To Know: Analysts Are Much More Bullish On Masraf Al Rayan (Q.P.S.C.) (DSM:MARK) Revenues

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

Should You Or Shouldn't You: A Dividend Analysis on Masraf Al Rayan (Q.P.S.C.) (DSM:MARK)

New 90-day low: ر.ق4.21

What Type Of Shareholders Own The Most Number of Masraf Al Rayan (Q.P.S.C.) (DSM:MARK) Shares?

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

Industry Analysts Just Upgraded Their Masraf Al Rayan (Q.P.S.C.) (DSM:MARK) Revenue Forecasts By 16%

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.

New 90-day high: ر.ق4.52

Price target raised to ر.ق3.92

Did You Participate In Any Of Masraf Al Rayan (Q.P.S.C.)'s (DSM:MARK) Respectable 64% Return?

New 90-day high: ر.ق4.38

New 90-day high: ر.ق4.33

Third-quarter earnings released: Earnings beat expectations

Third quarter earnings released

Third-quarter earnings released: Earnings beat expectations

New 90-day high: ر.ق4.21

New 90-day high - ر.ق4.02