Ooredoo Q.P.S.C.'s (DSM:ORDS) Shares Not Telling The Full Story
Jul 04
Qatari (QE) Market Analysis & Valuation
UpdatedJul 09, 2024
DataAggregated Company Financials
Companies54
- 7D1.4%
- 3M1.7%
- 1Y-2.8%
- YTD-5.7%
The market is up 1.4% over the last week, with the Financials sector leading the way, up 1.6%. As for last year, the market performance has been flat. As for the next few years, earnings are expected to grow by 6.7% per annum.
Market Valuation and Performance
Has the Qatari Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 09 Jul 2024 | ر.ق586.0b | ر.ق188.6b | ر.ق46.3b | 13.3x | 12.7x | 3.1x |
| Thu, 06 Jun 2024 | ر.ق550.4b | ر.ق188.6b | ر.ق46.3b | 12.9x | 11.9x | 2.9x |
| Sat, 04 May 2024 | ر.ق552.4b | ر.ق188.5b | ر.ق45.8b | 13.2x | 12.1x | 2.9x |
| Mon, 01 Apr 2024 | ر.ق570.8b | ر.ق184.7b | ر.ق45.6b | 13.6x | 12.5x | 3.1x |
| Wed, 28 Feb 2024 | ر.ق605.0b | ر.ق184.2b | ر.ق46.3b | 13.9x | 13.1x | 3.3x |
| Fri, 26 Jan 2024 | ر.ق601.2b | ر.ق186.6b | ر.ق45.8b | 14.3x | 13.1x | 3.2x |
| Sun, 24 Dec 2023 | ر.ق597.4b | ر.ق185.6b | ر.ق45.2b | 13.9x | 13.2x | 3.2x |
| Tue, 21 Nov 2023 | ر.ق594.9b | ر.ق185.6b | ر.ق45.2b | 14.2x | 13.2x | 3.2x |
| Thu, 19 Oct 2023 | ر.ق586.6b | ر.ق185.8b | ر.ق45.5b | 13.6x | 12.9x | 3.2x |
| Sat, 16 Sep 2023 | ر.ق606.4b | ر.ق185.0b | ر.ق45.5b | 14.3x | 13.3x | 3.3x |
| Mon, 14 Aug 2023 | ر.ق632.7b | ر.ق184.2b | ر.ق45.3b | 14.8x | 14x | 3.4x |
| Wed, 12 Jul 2023 | ر.ق599.1b | ر.ق185.9b | ر.ق46.6b | 13.9x | 12.8x | 3.2x |
| Fri, 09 Jun 2023 | ر.ق607.5b | ر.ق185.8b | ر.ق46.8b | 14.6x | 13x | 3.3x |
| Sun, 07 May 2023 | ر.ق622.9b | ر.ق187.3b | ر.ق48.3b | 13.8x | 12.9x | 3.3x |
| Tue, 04 Apr 2023 | ر.ق597.5b | ر.ق175.0b | ر.ق46.8b | 13.4x | 12.8x | 3.4x |
| Thu, 02 Mar 2023 | ر.ق609.9b | ر.ق185.6b | ر.ق47.5b | 13.7x | 12.8x | 3.3x |
| Sat, 28 Jan 2023 | ر.ق630.7b | ر.ق186.9b | ر.ق49.3b | 14.9x | 12.8x | 3.4x |
| Mon, 26 Dec 2022 | ر.ق621.4b | ر.ق183.0b | ر.ق48.0b | 14.5x | 13x | 3.4x |
| Wed, 23 Nov 2022 | ر.ق662.2b | ر.ق183.0b | ر.ق48.2b | 15.5x | 13.7x | 3.6x |
| Fri, 21 Oct 2022 | ر.ق704.2b | ر.ق183.0b | ر.ق48.6b | 15.6x | 14.5x | 3.8x |
| Sun, 18 Sep 2022 | ر.ق735.1b | ر.ق177.7b | ر.ق48.0b | 17.6x | 15.3x | 4.1x |
| Tue, 16 Aug 2022 | ر.ق762.1b | ر.ق179.1b | ر.ق46.1b | 17.4x | 16.5x | 4.3x |
| Thu, 14 Jul 2022 | ر.ق662.8b | ر.ق173.2b | ر.ق44.7b | 16.9x | 14.8x | 3.8x |
| Sat, 11 Jun 2022 | ر.ق732.6b | ر.ق172.1b | ر.ق44.7b | 18.4x | 16.4x | 4.3x |
| Mon, 09 May 2022 | ر.ق756.6b | ر.ق169.6b | ر.ق44.3b | 17.3x | 17.1x | 4.5x |
| Wed, 06 Apr 2022 | ر.ق768.6b | ر.ق166.8b | ر.ق42.3b | 18.5x | 18.2x | 4.6x |
| Fri, 04 Mar 2022 | ر.ق777.5b | ر.ق167.3b | ر.ق42.6b | 18x | 18.3x | 4.6x |
| Sun, 30 Jan 2022 | ر.ق725.8b | ر.ق159.7b | ر.ق39.3b | 17.8x | 18.5x | 4.5x |
| Tue, 28 Dec 2021 | ر.ق672.2b | ر.ق158.6b | ر.ق38.1b | 17.4x | 17.6x | 4.2x |
| Thu, 25 Nov 2021 | ر.ق681.1b | ر.ق155.6b | ر.ق37.6b | 19.1x | 18.1x | 4.4x |
| Sat, 23 Oct 2021 | ر.ق685.1b | ر.ق152.5b | ر.ق35.4b | 20.1x | 19.3x | 4.5x |
| Mon, 20 Sep 2021 | ر.ق646.8b | ر.ق151.7b | ر.ق34.8b | 19.6x | 18.6x | 4.3x |
| Wed, 18 Aug 2021 | ر.ق640.4b | ر.ق151.7b | ر.ق34.8b | 19.1x | 18.4x | 4.2x |
Price to Earnings Ratio
18.2x
Current Market PE
- Investors are pessimistic on the Qatari market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 12.7x which is lower than its 3-year average PE of 14.8x.
Past Earnings Growth
- The earnings for Qatari listed companies have grown 10% per year over the last three years.
- Revenues for these companies have grown 7.5% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Qatari Market?
| QA Market | 1.43% | |
| Consumer Staples | 3.48% | |
| Telecom | 2.36% | |
| Materials | 2.20% | |
| Financials | 1.57% | |
| Real Estate | 1.15% | |
| Utilities | 1.09% | |
| Industrials | 0.90% | |
| Healthcare | 0.82% | |
| Energy | 0.57% | |
| Tech | -0.58% | |
| Consumer Discretionary | -0.87% | |
Sector PE
- Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 32.2x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
- The Financials sector is the least preferred by investors for future growth, which is trading below its 3-year average of 13.6x.
Forecasted Growth
- Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 10% over the next 5 years.
- However this is lower than its past earnings growth rate of 22% per year.
- In contrast, the Materials industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| QNBK Qatar National Bank (Q.P.S.C.) | ر.ق14.94 | 1.5% +ر.ق2.0b | -4.9% | PB1.3x | Financials | |
| QIBK Qatar Islamic Bank (Q.P.S.C.) | ر.ق19.67 | 4.2% +ر.ق1.9b | 11.6% | PB1.6x | Financials | |
| IQCD Industries Qatar Q.P.S.C | ر.ق13.18 | 1.8% +ر.ق1.4b | 15.6% | PE16.5x | Industrials | |
| QIIK Qatar International Islamic Bank (Q.P.S.C) | ر.ق10.75 | 5.7% +ر.ق877.9m | 9.6% | PB1.8x | Financials | |
| ORDS Ooredoo Q.P.S.C | ر.ق10.38 | 2.3% +ر.ق736.7m | -8.6% | PE11.2x | Telecom |
