Risk factor
Negligible price volatility
Profitability factor
Excellent dividends
About
Industries Qatar Q.P.S.C. operates as a diversified enterprise, conducting its core businesses through subsidiaries in the petrochemical, fertilizer, and steel sectors. Its extensive market presence spans Qatar, North America, South America, the Middle East, Europe, Africa, the Indian subcontinent, and broader Asia. The Petrochemicals division is responsible for the manufacturing and distribution of a diverse portfolio of products, including ethylene, polyethylene, methyl-tertiary-butyl-ether (MTBE), methanol, caustic soda, ethylene dichloride (EDC), vinyl chloride monomer (VCM), Sulphur, pyrolysis gasoline, mixed liquefied petroleum gas (LPG) and C3/C4 fractions, alongside other related chemical compounds. Within its Fertilizers segment, the company specializes in producing and selling essential agricultural inputs such as urea, ammonia, melamine, and urea formaldehyde condensate. The Steel operations are dedicated to the creation and supply of direct reduced iron (DRI) and hot briquetted iron (HBI), in addition to various steel commodities like coils, bars, and billets. The company actively exports its manufactured goods internationally. Founded in 1969 and headquartered in Doha, Qatar, Industries Qatar Q.P.S.C. functions as a significant subsidiary of QatarEnergy.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV
Target Price
The average target price of IQCD.QA is 12.7 and suggests 17.4% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i