Executive Summary
Qatar Islamic Bank (Q.P.S.C.), together with its subsidiaries, offers banking products and services in Qatar and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet with acceptable track record.
Share Price & News
How has Qatar Islamic Bank (Q.P.S.C.)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: QIBK is not significantly more volatile than the rest of QA stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: QIBK's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
0.1%
QIBK
0.5%
QA Banks
0.6%
QA Market
1 Year Return
15.7%
QIBK
13.0%
QA Banks
26.2%
QA Market
Return vs Industry: QIBK exceeded the QA Banks industry which returned 13% over the past year.
Return vs Market: QIBK underperformed the QA Market which returned 26.2% over the past year.
Shareholder returns
| QIBK | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.1% | 0.5% | 0.6% |
| 30 Day | 3.9% | 3.4% | 3.1% |
| 90 Day | 2.7% | 6.0% | 5.3% |
| 1 Year | 18.6%15.7% | 16.2%13.0% | 29.7%26.2% |
| 3 Year | 75.4%60.2% | 44.5%30.9% | 39.3%25.5% |
| 5 Year | 114.2%78.0% | 71.3%40.8% | 37.0%14.1% |
Long-Term Price Volatility Vs. Market
How volatile is Qatar Islamic Bank (Q.P.S.C.)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is It Worth Buying Qatar Islamic Bank (Q.P.S.C.) (DSM:QIBK) For Its 2.3% Dividend Yield?2 months ago | Simply Wall St
Did Qatar Islamic Bank (Q.P.S.C.)'s (DSM:QIBK) Share Price Deserve to Gain 69%?3 months ago | Simply Wall St
Why Qatar Islamic Bank (Q.P.S.C.) (DSM:QIBK) Is A Dividend RockstarValuation
Is Qatar Islamic Bank (Q.P.S.C.) undervalued compared to its fair value and its price relative to the market?
13.99x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: QIBK (QAR17.3) is trading above our estimate of fair value (QAR11.31)
Significantly Below Fair Value: QIBK is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: QIBK is good value based on its PE Ratio (14x) compared to the QA Banks industry average (15.5x).
PE vs Market: QIBK is good value based on its PE Ratio (14x) compared to the QA market (24.6x).
Price to Earnings Growth Ratio
PEG Ratio: QIBK is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: QIBK's PB Ratio (1.8x) is in line with the QA Banks industry average.
Future Growth
How is Qatar Islamic Bank (Q.P.S.C.) forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
10.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: QIBK's forecast earnings growth (10.9% per year) is above the savings rate (9.2%).
Earnings vs Market: QIBK's earnings (10.9% per year) are forecast to grow slower than the QA market (11.7% per year).
High Growth Earnings: QIBK's earnings are forecast to grow, but not significantly.
Revenue vs Market: QIBK's revenue (3.2% per year) is forecast to grow slower than the QA market (4.9% per year).
High Growth Revenue: QIBK's revenue (3.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: QIBK's Return on Equity is forecast to be low in 3 years time (17.8%).
Past Performance
How has Qatar Islamic Bank (Q.P.S.C.) performed over the past 5 years?
8.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: QIBK has a high level of non-cash earnings.
Growing Profit Margin: QIBK's current net profit margins (44.9%) are higher than last year (40.3%).
Past Earnings Growth Analysis
Earnings Trend: QIBK's earnings have grown by 8.7% per year over the past 5 years.
Accelerating Growth: QIBK's earnings growth over the past year (2.5%) is below its 5-year average (8.7% per year).
Earnings vs Industry: QIBK earnings growth over the past year (2.5%) exceeded the Banks industry 1%.
Return on Equity
High ROE: QIBK's Return on Equity (13.7%) is considered low.
Financial Health
How is Qatar Islamic Bank (Q.P.S.C.)'s financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: QIBK's Assets to Equity ratio (7.9x) is low.
Allowance for Bad Loans: QIBK has a sufficient allowance for bad loans (215%).
Low Risk Liabilities: 89% of QIBK's liabilities are made up of primarily higher risk sources of funding.
Loan Level: QIBK has an appropriate level of Loans to Assets ratio (69%).
Low Risk Deposits: QIBK's Loans to Deposits ratio (693%) is high.
Level of Bad Loans: QIBK has an appropriate level of bad loans (1.4%).
Dividend
What is Qatar Islamic Bank (Q.P.S.C.) current dividend yield, its reliability and sustainability?
2.31%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: QIBK's dividend (2.31%) is higher than the bottom 25% of dividend payers in the QA market (2.09%).
High Dividend: QIBK's dividend (2.31%) is low compared to the top 25% of dividend payers in the QA market (3.86%).
Stability and Growth of Payments
Stable Dividend: QIBK's dividend payments have been volatile in the past 10 years.
Growing Dividend: QIBK's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32.3%), QIBK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: QIBK's dividends in 3 years are forecast to be well covered by earnings (47.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
8.3yrs
Average management tenure
CEO
Bassel Gamaleldin Aly (54 yo)
8.25yrs
Tenure
Mr. Bassel Gamaleldin Mohamed Aly has been the Group Chief Executive Officer of Qatar Islamic Bank (S.A.Q.) since February 2013 and served as its Chairman of Management Board since April 23, 2016 until May...
Leadership Team
Experienced Management: QIBK's management team is seasoned and experienced (8.3 years average tenure).
Board Members
Experienced Board: QIBK's board of directors are seasoned and experienced ( 16.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Qatar Islamic Bank (Q.P.S.C.)'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Qatar Islamic Bank (Q.P.S.C.)
- Ticker: QIBK
- Exchange: DSM
- Founded: 1982
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: ر.ق40.879b
- Shares outstanding: 2.36b
- Website: https://www.qib.com.qa
Location
- Qatar Islamic Bank (Q.P.S.C.)
- Grand Hamad Street
- PO Box 559
- Doha
- Qatar
Listings
Biography
Qatar Islamic Bank (Q.P.S.C.), together with its subsidiaries, offers banking products and services in Qatar and internationally. The company operates through four segments: Corporate Banking, Retail Banki...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/11 12:50 |
| End of Day Share Price | 2021/05/11 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
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.