Stocktoria

Qatar Gas Transport Company Limited (Nakilat) (QPSC) QGTS.QA

QA · XQAT · XQAT · stock · Energy · website

Qatar Gas Transport Company Limited (Nakilat) (QPSC) statistics & valuation

Market capQR 23.8B
P / E14.1×
P / S5.9×
P / B1.7×
P / FCF47.2×
Net margin41.8%
FCF margin12.5%
Net debtQR 18.2B
Enterprise value USD$11.5B
Earnings yield EBIT/EV4.7%
Return on capital6%
Graham number -2.9%QR 4.17

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (QR 4.17); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
39.90% 43.00% 44.60% 41.80% 2022202320242025
Gross margin (%)
52.40% 52.10% 54.90% 51.90% 2022202320242025
Operating margin (%)
49.40% 49.10% 52.00% 49.10% 2022202320242025
Return on equity (%)
12.80% 12.90% 12.30% 12.20% 2022202320242025
Shares outstanding
5.54B 5.54B 5.54B 5.54B 2022202320242025
Net debt (QR )
QR 14.43B QR 15.22B QR 17.86B QR 18.19B 2022202320242025
Share buybacks (QR )
2022202320242025
Return on assets (%)
4.50% 4.90% 4.80% 4.60% 2022202320242025
Free cash flow margin (%)
48.40% 33.10% -78.40% 12.50% 2022202320242025
Debt / equity (×)
1.68× 1.46× 1.47× 1.45× 2022202320242025
EPS (QR )
QR 0.26 QR 0.28 QR 0.30 QR 0.31 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Qatar Gas Transport Company Limited (Nakilat) (QPSC) trades at about 13.9× earnings — near its 10-year norm (10-year range 12.4×–15.5×, median 14.6×).

12.4× 15.5×

Shaded band = 10-year range (12.4×–15.5×); dot = today's 13.9×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin51.9%54.9%52.1%52.4%
Operating margin49.1%52.0%49.1%49.4%
Net margin41.8%44.6%43.0%39.9%
FCF margin12.5%-78.4%33.1%48.4%
Return on assets4.6%4.8%4.9%4.5%
Return on equity12.2%12.3%12.9%12.8%
Debt / equity1.34×1.38×1.37×1.58×
Current ratio1.261.461.891.96

Computed from company filings · QA · as of 2025-12-31. Figures in QAR. Facts plus Stocktoria's own computed scores — not investment advice.