As you might know, Qatar Electricity & Water Company Q.P.S.C. (DSM:QEWS) recently reported its quarterly numbers. Results overall were respectable, with statutory earnings of ر.ق1.41 per share roughly in line with what the analysts had forecast. Revenues of ر.ق834m came in 3.2% ahead of analyst predictions. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there’s been a strong change in the company’s prospects, or if it’s business as usual. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
View our latest analysis for Qatar Electricity & Water Company Q.P.S.C
After the latest results, the dual analysts covering Qatar Electricity & Water Company Q.P.S.C are now predicting revenues of ر.ق3.11b in 2025. If met, this would reflect a satisfactory 6.7% improvement in revenue compared to the last 12 months. Statutory earnings per share are forecast to decrease 2.1% to ر.ق1.47 in the same period. Before this earnings report, the analysts had been forecasting revenues of ر.ق3.11b and earnings per share (EPS) of ر.ق1.38 in 2025. So the consensus seems to have become somewhat more optimistic on Qatar Electricity & Water Company Q.P.S.C’s earnings potential following these results.
There’s been no major changes to the consensus price target of ر.ق20.84, suggesting that the improved earnings per share outlook is not enough to have a long-term positive impact on the stock’s valuation.
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Qatar Electricity & Water Company Q.P.S.C’s past performance and to peers in the same industry. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 5.3% growth on an annualised basis. That is in line with its 5.3% annual growth over the past five years. Juxtapose this against our data, which suggests that other companies (with analyst coverage) in the industry are forecast to see their revenues grow 4.8% per year. So although Qatar Electricity & Water Company Q.P.S.C is expected to maintain its revenue growth rate, it’s only growing at about the rate of the wider industry.
The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Qatar Electricity & Water Company Q.P.S.C’s earnings potential next year. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.
Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year’s earnings. We have analyst estimates for Qatar Electricity & Water Company Q.P.S.C going out as far as 2026, and you can see them free on our platform here.
It might also be worth considering whether Qatar Electricity & Water Company Q.P.S.C’s debt load is appropriate, using our debt analysis tools on the Simply Wall St platform, here.
Discover if Qatar Electricity & Water Company Q.P.S.C might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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