Vodafone Qatar P.Q.S.C.

DSM:VFQS Stock Report

Market Cap: ر.ق7.0b

Vodafone Qatar P.Q.S.C Valuation

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

Valuation Score

5/6

Valuation Score 5/6

  • 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 VFQS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: VFQS (QAR1.65) is trading below our estimate of fair value (QAR2.42)

Significantly Below Fair Value: VFQS is trading below fair value by more than 20%.


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

VFQS 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/Revenue2.5x
Enterprise Value/EBITDA7.3x
PEG Ratio2.7x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for VFQS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.6x
EXCL XL Axiata
20.1x14.2%Rp32.3t
STC Kuwait Telecommunications Company K.S.C.P
16.4x10.2%د.ك544.3m
AFKS Sistema Financial
25.2xn/a₽142.3b
OOREDOO National Mobile Telecommunications Company K.S.C.P
16.6x24.3%د.ك525.7m
VFQS Vodafone Qatar P.Q.S.C
12.6x4.7%ر.ق7.0b

Price-To-Earnings vs Peers: VFQS is good value based on its Price-To-Earnings Ratio (12.6x) compared to the peer average (17.7x).


Price to Earnings Ratio vs Industry

How does VFQS's PE Ratio compare vs other companies in the Asian Wireless Telecom Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a15.2%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a15.2%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: VFQS is good value based on its Price-To-Earnings Ratio (12.6x) compared to the Asian Wireless Telecom industry average (18.4x).


Price to Earnings Ratio vs Fair Ratio

What is VFQS'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.

VFQS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.6x
Fair PE Ratio11.9x

Price-To-Earnings vs Fair Ratio: VFQS is expensive based on its Price-To-Earnings Ratio (12.6x) compared to the estimated Fair Price-To-Earnings Ratio (11.9x).


Analyst Price Targets

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

The above table shows the analyst VFQS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentر.ق1.65
ر.ق2.10
+27.2%
7.1%ر.ق2.30ر.ق1.94n/a3
May ’25ر.ق1.71
ر.ق2.17
+26.7%
4.4%ر.ق2.30ر.ق2.07n/a3
Apr ’25ر.ق1.73
ر.ق2.20
+26.9%
4.4%ر.ق2.30ر.ق2.07n/a3
Mar ’25ر.ق1.73
ر.ق2.20
+27.2%
4.4%ر.ق2.30ر.ق2.07n/a3
Feb ’25ر.ق1.87
ر.ق2.17
+16.0%
4.4%ر.ق2.30ر.ق2.07n/a3
Jan ’25ر.ق1.91
ر.ق2.17
+13.8%
4.4%ر.ق2.30ر.ق2.07n/a3
Dec ’24ر.ق1.84
ر.ق2.07
+12.5%
2.8%ر.ق2.14ر.ق2.00n/a3
Nov ’24ر.ق1.76
ر.ق2.06
+17.4%
2.4%ر.ق2.12ر.ق2.00n/a3
Oct ’24ر.ق1.80
ر.ق2.10
+16.9%
4.8%ر.ق2.24ر.ق2.00n/a3
Sep ’24ر.ق1.85
ر.ق2.10
+13.7%
4.8%ر.ق2.24ر.ق2.00n/a3
Aug ’24ر.ق1.93
ر.ق2.13
+10.2%
6.2%ر.ق2.31ر.ق2.00n/a3
Jul ’24ر.ق1.85
ر.ق2.11
+14.4%
5.4%ر.ق2.27ر.ق2.00n/a3
Jun ’24ر.ق1.83
ر.ق2.07
+13.2%
6.8%ر.ق2.27ر.ق1.95n/a3
May ’24ر.ق1.74
ر.ق2.07
+19.0%
6.8%ر.ق2.27ر.ق1.95ر.ق1.713
Apr ’24ر.ق1.73
ر.ق2.05
+18.4%
5.1%ر.ق2.19ر.ق1.95ر.ق1.733
Mar ’24ر.ق1.58
ر.ق2.05
+29.4%
5.1%ر.ق2.19ر.ق1.95ر.ق1.733
Feb ’24ر.ق1.72
ر.ق2.05
+19.1%
5.1%ر.ق2.19ر.ق1.95ر.ق1.873
Jan ’24ر.ق1.59
ر.ق2.05
+29.1%
5.1%ر.ق2.19ر.ق1.95ر.ق1.913
Dec ’23ر.ق1.68
ر.ق1.98
+18.1%
6.3%ر.ق2.15ر.ق1.85ر.ق1.843
Nov ’23ر.ق1.68
ر.ق1.99
+18.5%
6.7%ر.ق2.17ر.ق1.85ر.ق1.763
Oct ’23ر.ق1.55
ر.ق1.99
+28.7%
6.7%ر.ق2.17ر.ق1.85ر.ق1.803
Sep ’23ر.ق1.65
ر.ق1.94
+17.7%
8.4%ر.ق2.17ر.ق1.80ر.ق1.853
Aug ’23ر.ق1.67
ر.ق1.94
+16.1%
8.4%ر.ق2.17ر.ق1.80ر.ق1.933
Jul ’23ر.ق1.59
ر.ق1.94
+21.9%
8.4%ر.ق2.17ر.ق1.80ر.ق1.853
Jun ’23ر.ق1.59
ر.ق1.92
+20.5%
6.8%ر.ق2.10ر.ق1.80ر.ق1.833
May ’23ر.ق1.65
ر.ق1.90
+15.2%
5.7%ر.ق2.05ر.ق1.80ر.ق1.743

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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