Qatar Islamic Insurance Group Q.P.S.C Valuation

Is QISI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of QISI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: QISI (QAR8.45) is trading above our estimate of fair value (QAR6.55)

Significantly Below Fair Value: QISI is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for QISI?

Key metric: As QISI is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for QISI. This is calculated by dividing QISI's market cap by their current earnings.
What is QISI's PE Ratio?
PE Ratio	8.3x
Earnings	ر.ق153.10m
Market Cap	ر.ق1.27b

QISI key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	3x
Enterprise Value/EBITDA	7.2x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does QISI's PE Ratio compare to its peers?

The above table shows the PE ratio for QISI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	8.3x
BEMA Damaan Islamic Insurance Company Beema (Q.P.S.C.)	7.8x	n/a	ر.ق780.0m
DOHI Doha Insurance Group Q.P.S.C	7.7x	n/a	ر.ق1.3b
QLMI QLM Life & Medical Insurance Company Q.P.S.C	9.3x	n/a	ر.ق724.5m
AKHI Al Khaleej Takaful Insurance Company Q.P.S.C	8.4x	n/a	ر.ق593.0m
QISI Qatar Islamic Insurance Group Q.P.S.C	8.3x	n/a	ر.ق1.3b

Price-To-Earnings vs Peers: QISI is good value based on its Price-To-Earnings Ratio (8.3x) compared to the peer average (8.3x).

Price to Earnings Ratio vs Industry

How does QISI's PE Ratio compare vs other companies in the Asian Insurance Industry?

7 Companies	Price / Earnings	Estimated Growth	Market Cap

7 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: QISI is good value based on its Price-To-Earnings Ratio (8.3x) compared to the Asian Insurance industry average (11x).

Price to Earnings Ratio vs Fair Ratio

What is QISI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

QISI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	8.3x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate QISI's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.