
- Qatar Electricity’s net income for the first quarter is 287.7 million riyals, marking a decrease of 9.7% compared to the previous year.
- The earnings per share (EPS) stand at 0.26 riyals, compared to 0.29 riyals in the same quarter last year.
- Revenue for the first quarter is 681 million riyals, showing a slight decline of 0.9% year over year.
- Operating profit has dropped by 20% from the previous year, now at 236 million riyals.
- The stock has strong analyst support, with 5 buy recommendations, no holds, and no sells.
A look at Qatar Electricity & Water Co Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Qatar Electricity & Water Co is looking strong for the long term, based on the Smartkarma Smart Scores. With solid marks in Value, Dividend, Resilience, and Growth, the company demonstrates robust fundamentals and stability. A score of 4 in Value and Dividend highlights its attractiveness for investors seeking good returns and consistent payouts. In terms of Resilience, scoring a 4 indicates the company’s ability to weather market uncertainties. While Growth and Momentum scores are slightly lower at 3, showcasing room for potential improvement, the overall outlook for Qatar Electricity & Water Co appears positive.
Qatar Electricity & Water Co‘s business model of generating electricity and desalinating water for sale to the Qatari government underpins its stability and reliability. This essential service provision contributes to the company’s strong scores in Value and Dividend, reflecting its solid financial position and commitment to shareholders. With a focus on resilience, Qatar Electricity & Water Co is well-positioned to navigate industry challenges. While areas of growth and momentum could be areas for further development, the company’s core operations and strategic position bode well for its long-term prospects.
Disclaimer: This article by Smartkarma is general in nature and 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. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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