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Qatar National Bank (Q.P.S.C.) QNBK.QA

QA · XQAT · XQAT · stock · Financial Services · website

Qatar National Bank (Q.P.S.C.) statistics & valuation

Market capQR 153.3B
P / E9.0×
P / S3.5×
P / B1.2×
Net margin38.6%
FCF margin-83.5%
Net cashQR 42.5B
Enterprise value USD$30.5B
Graham number +36.6%QR 23.01

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 23.01); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
42.00% 41.30% 41.30% 38.60% 2022202320242025
Gross margin (%)
2022202320242025
Operating margin (%)
2022202320242025
Return on equity (%)
13.70% 14.20% 14.90% 13.80% 2022202320242025
Shares outstanding
9.10B 9.10B 9.10B 9.10B 2022202320242025
Net debt (QR )
-QR 125.46B -QR 106.52B -QR 103.57B -QR 42.46B 2022202320242025
Share buybacks (QR )
QR 0 QR 660.7M QR 1.42B 2022202320242025
Return on assets (%)
1.20% 1.30% 1.30% 1.20% 2022202320242025
Free cash flow margin (%)
169.00% 0.10% 2.80% -83.50% 2022202320242025
Debt / equity (×)
0.58× 0.61× 0.66× 0.85× 2022202320242025
EPS (QR )
QR 1.44 QR 1.55 QR 1.69 QR 1.74 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 National Bank (Q.P.S.C.) trades at about 9.7× earnings — below its 10-year norm (10-year range 9.9×–12.5×, median 11.4×).

9.7× 12.5×

Shaded band = 10-year range (9.9×–12.5×); dot = today's 9.7×.

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
Net margin38.6%41.3%41.3%42.0%
FCF margin-83.5%2.8%0.1%169.0%
Return on assets1.2%1.3%1.3%1.2%
Return on equity13.8%14.9%14.2%13.7%

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