Qatari (QE) Tech Sector Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies1
- 7D4.4%
- 3M40.9%
- 1Yn/a
- YTD30.6%
The Tech industry has stayed flat over the last week.
Sector Valuation and Performance
Has the Qatari Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | ر.ق2.4b | ر.ق413.5m | ر.ق61.0m | 39.3x | 39.3x | 5.8x |
| Tue, 16 Apr 2024 | ر.ق2.2b | ر.ق422.9m | ر.ق60.2m | 36.6x | 36.6x | 5.2x |
| Thu, 14 Mar 2024 | ر.ق1.9b | ر.ق422.9m | ر.ق60.2m | 32.3x | 32.3x | 4.6x |
| Sat, 10 Feb 2024 | ر.ق1.8b | ر.ق412.7m | ر.ق62.5m | 28x | 28x | 4.2x |
| Mon, 08 Jan 2024 | ر.ق1.8b | ر.ق412.7m | ر.ق62.5m | 28.8x | 28.8x | 4.4x |
| Wed, 06 Dec 2023 | ر.ق1.8b | ر.ق412.7m | ر.ق62.5m | 29.3x | 29.3x | 4.4x |
| Fri, 03 Nov 2023 | ر.ق1.7b | ر.ق418.4m | ر.ق56.6m | 29.8x | 29.8x | 4x |
| Sun, 01 Oct 2023 | ر.ق1.6b | ر.ق418.4m | ر.ق56.6m | 28.6x | 28.6x | 3.9x |
Price to Earnings Ratio
28.7x
Current Industry PE
- There is only one company in the Qatari Information Technology industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have grown 2.5% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the Qatari Tech sector?
| QA Market | 0.53% | |
| Tech | 4.44% | |
| IT | 4.44% | |
| Software | 0% | |
| Communications | 0% | |
| Tech Hardware | 0% | |
| Electronic Equipment and Components | 0% | |
| Semiconductors | 0% | |
Industry PE
- Investors are most optimistic about the IT industry which is trading above its 3-year average PE ratio of 30.9x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the IT industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 30.9x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MEZA MEEZA QSTP (Public) | ر.ق3.70 | 4.4% +ر.ق101.9m | n/a | PE39.3x |