Vodafone Qatar P.Q.S.C.

DSM:VFQS Stock Report

Market Cap: ر.ق11.0b

Vodafone Qatar P.Q.S.C Past Earnings Performance

Past criteria checks 5/6

Vodafone Qatar P.Q.S.C has been growing earnings at an average annual rate of 18.6%, while the Wireless Telecom industry saw earnings growing at 7.8% annually. Revenues have been growing at an average rate of 7.6% per year. Vodafone Qatar P.Q.S.C's return on equity is 15%, and it has net margins of 21.1%.

Key information

18.58%

Earnings growth rate

18.56%

EPS growth rate

Wireless Telecom Industry Growth13.03%
Revenue growth rate7.58%
Return on equity15.04%
Net Margin21.12%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Narrative Update Jun 25

VFQS: Index Removal Will Support Future Rerating Toward Stable Fair Value

Analysts now keep their QAR price target for Vodafone Qatar P.Q.S.C. effectively unchanged at QAR 3.03, reflecting stable assumptions around fair value, discount rate, revenue, profit margin, and future P/E expectations. What’s in the News for Vodafone Qatar P.Q.S.C. Vodafone Qatar P.Q.S.C has been removed from the QE Index, according to a Key Developments update.
Narrative Update Jun 05

VFQS: Index Removal And Governance Will Shape Future Fair Value Outlook

Analysts have lifted their fair value estimate for Vodafone Qatar P.Q.S.C. from QAR 2.89 to QAR 3.03, citing updated assumptions for the discount rate, revenue growth, profit margins and future P/E multiples. What's in the News Vodafone Qatar P.Q.S.C has been removed from the QE Index, according to recent index constituent changes.
Narrative Update Apr 24

VFQS: Fair Value Outlook Will Rely On Steady Governance And Audit Oversight

Analysts have nudged their fair value estimate for Vodafone Qatar P.Q.S.C. slightly lower from QAR 2.89 to QAR 2.89, reflecting small adjustments to expected revenue growth, profit margins and future P/E assumptions. What's in the News Shareholders approved the appointment of PricewaterhouseCoopers (PwC) as Vodafone Qatar P.Q.S.C.'s external auditor for the financial year from 1 January 2026 to 31 December 2026 at the AGM held on 1 March 2026 (Key Developments).
Narrative Update Apr 05

VFQS: Stable Governance And Audit Oversight Will Support Upside Into 2026

Analysts have maintained their QAR price target for Vodafone Qatar P.Q.S.C. at the same level, reflecting consistent assumptions on fair value, discount rate, revenue growth, profit margin, and future P/E in the latest update. What's in the News Shareholders at the AGM on March 1, 2026 approved the appointment of PricewaterhouseCoopers (PwC) as external auditor for the financial year from January 1, 2026 to December 31, 2026 and agreed on their fees (Key Developments).
Narrative Update Mar 21

VFQS: Stable Audit Outcome Will Support Upside Into 2026 And Beyond

Analysts have kept their QAR price target for Vodafone Qatar P.Q.S.C. unchanged, reflecting stable views on fair value, discount rate, growth outlook and expected P/E multiples based on the latest available research inputs. What's in the News The AGM on March 1, 2026 approved the appointment of PricewaterhouseCoopers (PwC) as External Auditor for the period from January 1, 2026 to December 31, 2026 and confirmed their fees (AGM minutes).
Narrative Update Mar 07

VFQS: Steady Fundamentals Will Support Upside Into 2026 Board Meeting

Analysts have kept their QAR price target for Vodafone Qatar P.Q.S.C. broadly unchanged, reflecting steady assumptions around fair value at QAR 2.89, a discount rate of 19.01%, expected revenue growth of about 4.30% and a future P/E near 24.41x, alongside stable profit margin expectations of roughly 21.59%. What's in the News A board meeting is scheduled for February 2, 2026.
Narrative Update Feb 21

VFQS: Unchanged Fair Value Will Support Upside Into 2026 Board Meeting

Analysts have maintained their QAR 2.89 fair value estimate for Vodafone Qatar P.Q.S.C., indicating that their updated price target continues to reflect the current balance they see between slightly adjusted profit margin expectations and a modestly higher future P/E assumption. What's in the News A board meeting is scheduled for Vodafone Qatar P.Q.S.C. on Feb 02, 2026, which may include key updates on operations, capital allocation, or governance priorities (Key Developments).
Narrative Update Feb 06

VFQS: Higher Fair Value Assumptions Will Support Upside Into 2026 Board Meeting

Analysts have increased their price target for Vodafone Qatar P.Q.S.C. to QAR 2.89 from QAR 2.88, reflecting updated assumptions around discount rate, revenue growth, profit margin and future P/E. What's in the News A board meeting for Vodafone Qatar P.Q.S.C. is scheduled for 2 February 2026, indicating upcoming board-level decisions for the company (Key Developments).
Analysis Article Feb 05

Vodafone Qatar P.Q.S.C. (DSM:VFQS) Just Reported Full-Year Earnings: Have Analysts Changed Their Mind On The Stock?

Vodafone Qatar P.Q.S.C. ( DSM:VFQS ) last week reported its latest annual results, which makes it a good time for...
Analysis Article Feb 04

Vodafone Qatar P.Q.S.C's (DSM:VFQS) Dividend Will Be QAR0.12

The board of Vodafone Qatar P.Q.S.C. ( DSM:VFQS ) has announced that it will pay a dividend on the 1st of January, with...
Narrative Update Jan 22

VFQS: Higher Fair Value Assumptions Will Support Upside Into 2026 Board Meeting

Analysts have raised their price target for Vodafone Qatar P.Q.S.C. to QAR 2.88 from QAR 2.81, citing updated assumptions for revenue growth, profit margins, and a slightly lower forward P/E multiple in their valuation work. What's in the News A board meeting is scheduled for Vodafone Qatar P.Q.S.C. on Feb 02, 2026.
Analysis Article Jan 22

Vodafone Qatar P.Q.S.C.'s (DSM:VFQS) Shares May Have Run Too Fast Too Soon

With a price-to-earnings (or "P/E") ratio of 16.5x Vodafone Qatar P.Q.S.C. ( DSM:VFQS ) may be sending bearish signals...
Narrative Update Jan 07

VFQS: Fair Value Will Be Maintained With Board Meeting On Horizon

Analysts have kept their fair value estimate for Vodafone Qatar P.Q.S.C. unchanged at QAR 2.81 per share, with stable assumptions for discount rate, revenue growth, profit margin and future P/E supporting this consistent price target view. What's in the News A board meeting is scheduled for October 22, 2025, with Vodafone Qatar P.Q.S.C. set to convene its board of directors on that date (Key Developments).
Narrative Update Dec 24

VFQS: Fair Value Will Be Maintained With Board Meeting On Horizon

Narrative Update Analysts have raised their price target on Vodafone Qatar P.Q.S.C. by about QAR 0.17 per share, citing stronger projected revenue growth and modestly higher profit margins that more than offset a slightly lower future price to earnings multiple. What's in the News Board meeting scheduled for October 22, 2025, where directors are expected to review operational performance and strategic initiatives (Key Developments).
Narrative Update Dec 10

VFQS: Fair Value Will Be Maintained With Board Meeting On Horizon

Analysts have modestly increased their price target for Vodafone Qatar P.Q.S.C., citing stable fair value estimates around QAR 2.65, supported by unchanged long term revenue growth, profit margin, and future P E assumptions. What's in the News The Board of Directors is scheduled to convene on October 22, 2025, to review corporate and strategic matters (Key Developments).
Narrative Update Nov 26

VFQS: Fair Value Will Be Maintained With Board Meeting On Horizon

Analysts have maintained their price target for Vodafone Qatar P.Q.S.C. at QAR 2.65. This reflects stable forecasts and only minor adjustments in key profitability metrics.
Narrative Update Nov 07

VFQS: Fair Value Stance Will Be Maintained Ahead Of October Board Meeting

Analysts have updated their price target for Vodafone Qatar P.Q.S.C., maintaining the fair value estimate at QAR 2.65 because minor adjustments to the discount rate and future price-to-earnings assumptions balanced one another out. What's in the News A board meeting is scheduled for October 22, 2025 (Key Developments).
Narrative Update Oct 24

5G Expansion And Rising Margins Will Shape Qatar Connectivity Future

Analysts have raised their price target for Vodafone Qatar P.Q.S.C. from QAR 2.56 to QAR 2.65. They cite slight improvements in projected profit margins as a key factor in their updated valuation.
Narrative Update Sep 06

5G And Digital Infrastructure Will Expand Qatar Connectivity

With both consensus revenue growth (2.2%) and net profit margin (20.35%) forecasts unchanged, analysts have maintained Vodafone Qatar P.Q.S.C’s fair value at QAR2.56 per share. What's in the News Board meeting scheduled to consider Q2 FY2025 financial results.
Analysis Article May 06

What Vodafone Qatar P.Q.S.C.'s (DSM:VFQS) 25% Share Price Gain Is Not Telling You

Vodafone Qatar P.Q.S.C. ( DSM:VFQS ) shareholders would be excited to see that the share price has had a great month...
Analysis Article Apr 21

Vodafone Qatar P.Q.S.C (DSM:VFQS) Is Doing The Right Things To Multiply Its Share Price

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
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New Narrative Feb 09

Digital Transformation And Network Expansion Will Strengthen Future Market Position

Strategic innovations and partnerships are enhancing customer acquisition and operational efficiency, driving potential future revenue growth for Vodafone Qatar.
Analysis Article Jan 21

Vodafone Qatar P.Q.S.C.'s (DSM:VFQS) P/E Is On The Mark

It's not a stretch to say that Vodafone Qatar P.Q.S.C.'s ( DSM:VFQS ) price-to-earnings (or "P/E") ratio of 13.9x right...
Analysis Article Oct 25

Vodafone Qatar P.Q.S.C (DSM:VFQS) Might Have The Makings Of A Multi-Bagger

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Jul 11

Returns On Capital Are Showing Encouraging Signs At Vodafone Qatar P.Q.S.C (DSM:VFQS)

If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...
Analysis Article Mar 14

We Like These Underlying Return On Capital Trends At Vodafone Qatar P.Q.S.C (DSM:VFQS)

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
Analysis Article Feb 19

Vodafone Qatar P.Q.S.C.'s (DSM:VFQS) Shareholders Might Be Looking For Exit

With a median price-to-earnings (or "P/E") ratio of close to 14x in Qatar, you could be forgiven for feeling...
Analysis Article Oct 26

Vodafone Qatar P.Q.S.C (DSM:VFQS) Is Experiencing Growth In Returns On Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Apr 27

Vodafone Qatar P.Q.S.C (DSM:VFQS) Is Doing The Right Things To Multiply Its Share Price

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
Analysis Article Apr 06

Vodafone Qatar P.Q.S.C.'s (DSM:VFQS) Intrinsic Value Is Potentially 46% Above Its Share Price

Key Insights Using the 2 Stage Free Cash Flow to Equity, Vodafone Qatar P.Q.S.C fair value estimate is ر.ق2.41 Current...
Analysis Article Jan 24

Vodafone Qatar P.Q.S.C (DSM:VFQS) Is Experiencing Growth In Returns On Capital

There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...
Analysis Article Dec 29

Vodafone Qatar P.Q.S.C.'s (DSM:VFQS) Intrinsic Value Is Potentially 51% Above Its Share Price

In this article we are going to estimate the intrinsic value of Vodafone Qatar P.Q.S.C. ( DSM:VFQS ) by estimating the...
Analysis Article Sep 27

Vodafone Qatar P.Q.S.C (DSM:VFQS) Is Looking To Continue Growing Its Returns On Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Jun 07

News Flash: Analysts Just Made A Captivating Upgrade To Their Vodafone Qatar P.Q.S.C. (DSM:VFQS) Forecasts

Vodafone Qatar P.Q.S.C. ( DSM:VFQS ) shareholders will have a reason to smile today, with the analysts making...
Analysis Article May 13

An Intrinsic Calculation For Vodafone Qatar P.Q.S.C. (DSM:VFQS) Suggests It's 44% Undervalued

How far off is Vodafone Qatar P.Q.S.C. ( DSM:VFQS ) from its intrinsic value? Using the most recent financial data...
Analysis Article Apr 01

Returns At Vodafone Qatar P.Q.S.C (DSM:VFQS) Are On The Way Up

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
Analysis Article Oct 27

Vodafone Qatar P.Q.S.C's (DSM:VFQS) Returns On Capital Are Heading Higher

There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...
Analysis Article Mar 25

At ر.ق1.65, Is Vodafone Qatar P.Q.S.C. (DSM:VFQS) Worth Looking At Closely?

Vodafone Qatar P.Q.S.C. ( DSM:VFQS ), is not the largest company out there, but it received a lot of attention from a...
Analysis Article Mar 10

Did Vodafone Qatar P.Q.S.C's (DSM:VFQS) Share Price Deserve to Gain 76%?

Passive investing in index funds can generate returns that roughly match the overall market. But one can do better than...
Analysis Article Feb 19

Do These 3 Checks Before Buying Vodafone Qatar P.Q.S.C. (DSM:VFQS) For Its Upcoming Dividend

It looks like Vodafone Qatar P.Q.S.C. ( DSM:VFQS ) is about to go ex-dividend in the next 4 days. This means that...
Analysis Article Feb 10

What We Make Of Vodafone Qatar P.Q.S.C's (DSM:VFQS) Returns On Capital

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...

Revenue & Expenses Breakdown

How Vodafone Qatar P.Q.S.C makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

DSM:VFQS Revenue, expenses and earnings (QAR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 263,507741500
31 Dec 253,447702440
30 Sep 253,389658410
30 Jun 253,356636340
31 Mar 253,237613280
31 Dec 243,190601310
30 Sep 243,200585330
30 Jun 243,145573280
31 Mar 243,141557240
31 Dec 233,111540240
30 Sep 233,18856070
30 Jun 233,181546180
31 Mar 233,111528350
31 Dec 223,066502430
30 Sep 222,956461870
30 Jun 222,799410780
31 Mar 222,671369720
31 Dec 212,526327680
30 Sep 212,334259860
30 Jun 212,290238760
31 Mar 212,244203550
31 Dec 202,200185560
30 Sep 202,183162720
30 Jun 202,134147720
31 Mar 202,130148730
31 Dec 192,125144720
30 Sep 192,1191511680
30 Jun 192,1121471670
31 Mar 192,1041441660
31 Dec 182,1011181630
30 Sep 182,047601560
30 Jun 182,016-761160
31 Mar 181,989-1511480
31 Dec 171,998-2561100
30 Sep 172,004-2591740
30 Jun 172,074-2271740
31 Mar 172,059-2691740
31 Dec 162,057-3751570
30 Sep 162,053-4161570
30 Jun 162,082-4651570
31 Mar 162,119-4661570
31 Dec 152,174-3521310
30 Sep 152,229-3481310

Quality Earnings: VFQS has high quality earnings.

Growing Profit Margin: VFQS's current net profit margins (21.1%) are higher than last year (18.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: VFQS's earnings have grown by 18.6% per year over the past 5 years.

Accelerating Growth: VFQS's earnings growth over the past year (20.8%) exceeds its 5-year average (18.6% per year).

Earnings vs Industry: VFQS earnings growth over the past year (20.8%) exceeded the Wireless Telecom industry 8.3%.


Return on Equity

High ROE: VFQS's Return on Equity (15%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/03 19:35
End of Day Share Price 2026/07/02 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Vodafone Qatar P.Q.S.C. is covered by 10 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Myriam ChaabouniAlphaMena
Kais KriaaAlphaMena
Ziad ItaniArqaam Capital Research Offshore S.A.L.