Qatari stock alert

QATAR

CLOSING UPDATE: Qatar Fuel decreases further 0.03%, led Consumer Goods & Services index lower 20 June 2018 13:25 AST

NEWS BITES - MIDDLE EAST & NORTH AFRICA

This is an end of day Alert, produced after today's Qatar market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Qatar Fuel, Qatar's largest oil & gas company by market capitalisation, has dropped 2.5% to trade at QAR138.68 vs. the Consumer Goods & Services index which weakened 116.5 points (or 1.9%) to 5,906.8. Representing a weighting of about 66.6% of the index, the stock accounted for 87.1% of today's loss. The shares have underperformed 92% of the market in the past week. Trading volume was 1.5 times average at the end of the day. Compared with the QE Index which fell 130.1 points (or 1.4%) in the day, this represented a relative price change of -1.1%.

Technical indicators complementing today's significant downtrend:

+ The price sank 5.2% in the last week.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

+ Price to Book of 2 [1.4]

Other Bearish Signals include:

+ Net profit margin has averaged 6.9% in the last 3 years. This is lower than the sector average of 7% and suggests a low margin of safety.

Note

Qatar Fuel today is at a discount of 6.6% to the 12-month high of QAR148.50 on 11 Jun, 2018. It is at a premium of 79.3% to the 12-month low of QAR77.36 on 07 Nov, 2017.

Bullish Signals:

The positive 1.08 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

In the last three months the stock has hit a new 52-week high seven times, pointing to a significant uptrend.

The present value of QAR1,000 invested one year ago is QAR1,423 [vs QAR1,001 for the QE Index].

The company is cash rich with Cash to Market Capitalisation at 31.6%.

Tobin's Q Ratio is 1.1. Compared with the rest of the market the stock is undervalued.

As per the Du Pont analysis, Return on Equity of 15.5% is better than sector average of 8.4%.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

Price/Earnings of 14.3 [16.8]

Dividend yield of 5.8% [4.7%]

Return on Equity 15.5% [8.4%]

Return on Assets 7.7% [5.7%]

TODAY'S ALERT

Morning Alert: Qatar Fuel drops 2.5%, leads Consumer Goods & Services index lower

20 June 2018 10:06 AST

Qatar Fuel company (QE:QFLS) has dropped 2.5% to trade at QAR138.72 vs. the Consumer Goods & Services index which weakened 62.2 points (or 1%) to 5,961.1. Representing a weighting of about 66.5% of the index, the stock accounted for the loss. The shares have underperformed 95% of the market in the past week. Trading volume was 1.9 times average so far today.

Qatar Fuel company (QA:QFLS; QD:QFLS)

ISIN: QA0001200771

PermID: 4295886952

Source: www.BuySellSignals.com