Qatar Electricity & Water Company Q.P.S.C Valuation
Is QEWS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
5/6Valuation 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 QEWS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: QEWS (QAR15.08) is trading below our estimate of fair value (QAR22.71)
Significantly Below Fair Value: QEWS is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for QEWS?
Other financial metrics that can be useful for relative valuation.
| What is QEWS's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | ر.ق16.59b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 7.3x |
| Enterprise Value/EBITDA | 18.2x |
| PEG Ratio | 4.3x |
Price to Earnings Ratio vs Peers
How does QEWS's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 19.8x | ||
AGL AGL Energy | 16.2x | 0.9% | AU$6.3b |
2083 Power and Water Utility Company for Jubail and Yanbu | 34.4x | 21.0% | ر.س15.9b |
CU Canadian Utilities | 14.1x | 6.3% | CA$8.2b |
BKH Black Hills | 14.5x | n/a | US$3.8b |
QEWS Qatar Electricity & Water Company Q.P.S.C | 11.1x | 2.6% | ر.ق16.6b |
Price-To-Earnings vs Peers: QEWS is good value based on its Price-To-Earnings Ratio (11.1x) compared to the peer average (19.8x).
Price to Earnings Ratio vs Industry
How does QEWS's PE Ratio compare vs other companies in the Global Integrated Utilities Industry?
Price-To-Earnings vs Industry: QEWS is good value based on its Price-To-Earnings Ratio (11.1x) compared to the Global Integrated Utilities industry average (16.3x).
Price to Earnings Ratio vs Fair Ratio
What is QEWS'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 11.1x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate QEWS'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?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | ر.ق15.08 | ر.ق21.12 +40.0% | 12.6% | ر.ق26.00 | ر.ق17.70 | n/a | 6 |
| Apr ’25 | ر.ق16.42 | ر.ق21.75 +32.5% | 10.5% | ر.ق26.00 | ر.ق18.50 | n/a | 6 |
| Mar ’25 | ر.ق17.31 | ر.ق21.60 +24.8% | 11.5% | ر.ق26.00 | ر.ق18.50 | n/a | 5 |
| Feb ’25 | ر.ق17.40 | ر.ق21.44 +23.2% | 12.5% | ر.ق26.00 | ر.ق17.70 | n/a | 5 |
| Jan ’25 | ر.ق18.80 | ر.ق21.44 +14.0% | 12.5% | ر.ق26.00 | ر.ق17.70 | n/a | 5 |
| Dec ’24 | ر.ق16.88 | ر.ق21.44 +27.0% | 12.5% | ر.ق26.00 | ر.ق17.70 | n/a | 5 |
| Nov ’24 | ر.ق16.53 | ر.ق21.44 +29.7% | 12.5% | ر.ق26.00 | ر.ق17.70 | n/a | 5 |
| Oct ’24 | ر.ق17.39 | ر.ق21.80 +25.4% | 10.3% | ر.ق26.00 | ر.ق19.52 | n/a | 5 |
| Sep ’24 | ر.ق17.91 | ر.ق21.68 +21.1% | 10.7% | ر.ق26.00 | ر.ق19.52 | n/a | 5 |
| Aug ’24 | ر.ق18.43 | ر.ق21.02 +14.1% | 6.5% | ر.ق23.00 | ر.ق19.20 | n/a | 5 |
| Jul ’24 | ر.ق17.40 | ر.ق21.02 +20.8% | 6.5% | ر.ق23.00 | ر.ق19.20 | n/a | 5 |
| Jun ’24 | ر.ق17.05 | ر.ق20.82 +22.1% | 6.2% | ر.ق23.00 | ر.ق19.20 | n/a | 5 |
| May ’24 | ر.ق16.89 | ر.ق20.82 +23.3% | 6.2% | ر.ق23.00 | ر.ق19.20 | ر.ق15.25 | 5 |
| Apr ’24 | ر.ق16.87 | ر.ق20.82 +23.4% | 6.2% | ر.ق23.00 | ر.ق19.20 | ر.ق16.42 | 5 |
| Mar ’24 | ر.ق17.51 | ر.ق20.82 +18.9% | 6.2% | ر.ق23.00 | ر.ق19.20 | ر.ق17.31 | 5 |
| Feb ’24 | ر.ق17.13 | ر.ق20.85 +21.7% | 7.8% | ر.ق23.00 | ر.ق18.40 | ر.ق17.40 | 4 |
| Jan ’24 | ر.ق17.70 | ر.ق20.80 +17.5% | 9.1% | ر.ق23.00 | ر.ق18.40 | ر.ق18.80 | 3 |
| Dec ’23 | ر.ق17.00 | ر.ق20.80 +22.4% | 9.1% | ر.ق23.00 | ر.ق18.40 | ر.ق16.88 | 3 |
| Nov ’23 | ر.ق18.50 | ر.ق20.85 +12.7% | 7.8% | ر.ق23.00 | ر.ق18.40 | ر.ق16.53 | 4 |
| Oct ’23 | ر.ق17.52 | ر.ق20.92 +19.4% | 9.5% | ر.ق23.20 | ر.ق18.40 | ر.ق17.39 | 5 |
| Sep ’23 | ر.ق18.86 | ر.ق20.92 +10.9% | 9.5% | ر.ق23.20 | ر.ق18.40 | ر.ق17.91 | 5 |
| Aug ’23 | ر.ق19.40 | ر.ق20.92 +7.8% | 9.5% | ر.ق23.20 | ر.ق18.40 | ر.ق18.43 | 5 |
| Jul ’23 | ر.ق17.52 | ر.ق21.16 +20.8% | 8.1% | ر.ق23.20 | ر.ق19.00 | ر.ق17.40 | 5 |
| Jun ’23 | ر.ق17.29 | ر.ق21.16 +22.4% | 8.1% | ر.ق23.20 | ر.ق19.00 | ر.ق17.05 | 5 |
| May ’23 | ر.ق17.10 | ر.ق21.16 +23.7% | 8.1% | ر.ق23.20 | ر.ق19.00 | ر.ق16.89 | 5 |
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.