1 Top Management; 2 Top shareholders; 3 Peer Comparison & Ranking of ORDS

Top Management

Top Management

NameDesignation
Aziz Ahmad Aluthman FakhrooChief Executive Officer, Managing Director
Faisal Bin Thani Al ThaniNon-Independent Executive Chairman
Abdulla Ahmed Al-ZamanChief Financial Officer
Fatima Sultan Al KuwariChief Human Resources Officer



Top shareholders
Top 9 shareholders

Name of the Share HolderNumber Of Shares% of Capital
Qatar Investment Authority170666496053.3
General Authority for Retirement and Social Insurance - Civil Fund40552512012.7
Abu Dhabi Investment Authority32032000010.0
General Retirement and Social Insurance - Military Pension Fund608608001.9
Qatar National Bank QPSC250266020.8
Ibrahim Abdullah Saad Al Mahmoud608610.002
Turki Mohamed Khaled Al Khater512510.002
Nasser Rashid Al Humaidi512510.002
Nasser Mohamed Marafih320320.001
% held by Top 9 shareholders 78.7%


Peer Comparison & Ranking of ORDS
BUYSELLSIGNALS FUNDAMENTALS VALUATION RANKING:
Ooredoo Q.S.C. vs Qatar Market

Out of 46 stocks in the Qatar Market, Ooredoo Q.S.C. is ranked first(1) by Free Cash Flow, third(3) by Market Cap in $, third(3) by Revenue and fourth(4) by Net Profit $.

Qatar AvgORDSORDS Rank
Free Cash Flow(843.7 M)5.9 B1
Market Cap $3 B11.3 B3
Revenue $1.1 B6.5 B3
Net Profit $305 M943.9 M4
Total Assets $15.6 B17 B6
ROA (%)1.966.58
ROE (%)7.712.48
P/Earnings/ Growth1.2x0.9x9
P/Sales2.7x1.7x9
EPS Growth YOY (%)8.413.810
P/Earnings9.8x11.97x21
Total Debt/Equity (the lower the better)0.4x0.6x21
Yield (%)3.965.122
EBITDA Margin%34.92.422
Discount to 52-Wk High (%)3.55.823
Price/Net Tangible Assets0.8x2.6x37
Premium to 52-Wk Low (%)16.648.242
Negative values are shown in brackets.
Stock in Index and Stock in Sector

DescriptionORDSQE Index% of QE IndexTelecommunication sector% of Telecommunication sector
Net Profit $943.9 M11.9 B7.9943.9 M100.0
Revenue $6.5 B35.6 B18.26.5 B100.0
Total Assets $17 B629.2 B2.717 B100.0
MCap $11.3 B112.3 B10.014.2 B79.4

Relative Valuation Indicators: Stock vs Index and Stock vs Sector

DescriptionORDSQE Index Avg.Telecommunication sector Avg.
Price/Earnings12.09.111.9
P/Earnings/Growth0.871.530.86
Yield (%)5.074.075.01
Price/Net Tangible Assets2.630.792.63
Total Debt/Equity (the lower the better)0.56x0.43x0.56x

GLOBAL RANK [out of 46,077 stocks] AND RANK OF OOREDOO Q.S.C. IN THE MIDDLE EAST & AFRICA REGION [out of 1,877 stocks]

DescriptionValueGlobal RankIn MEA Region
MCap ($)11.3B1,69751
Total Assets ($)17B2,24077
Revenue ($)6.5B2,16639
Net Profit ($)943.9M1,39352
Return on Equity %12.410,177606
Net Profit Margin %17.17,248670
Price to Book2.624,3841,029
Price/Earnings11.78,519474
Yield %4.46,097484
PV1000 (1Year) $*1,4246,352417
$* Change (1Year) %14.313,203653

* 1 year ago $1 = QAR 3.64
May 08, 2025: $ 1 equals QAR 3.64

RANK OF OOREDOO Q.S.C. IN THE QE INDEX [out of 19 stocks] AND IN THE QATAR MARKET [out of 44 stocks]

DescriptionValueIn QE IndexIn Qatar Market
MCap (QR)41B33
Total Assets (QR)61.9B66
Revenue (QR)23.6B23
Net Profit (QR)3.4B44
Return on Equity %12.448
Net Profit Margin %17.11730
Price to Book2.61738
Price/Earnings12.01221
Yield %5.11121
PV1000 (1Year) QAR1,42422

LONG-TERM FUNDAMENTAL RANKING: 3 OUT OF 5 [5 is best]
Ooredoo Q.S.C. is ranked number 1 out of 2 listed telecommunication companies in the Qatar with a market capitalization of QAR41 billion ($11.3 billion).
Within its sector it has a relatively moderate P/E of 12, moderate P/E/G of 0.87 and moderate Price/Sales of 1.7.

It has a moderate relative ROE of 12.4% and ROA of 6.5%. Finally, its earnings growth in the past 12 months has been a comparatively moderate 13.8%.
Stocks are scored on a set of parameters reflecting fundamental analytical tools involving valuation, size and financial performance. They are ranked according to the average values of those parameters. The highest ranking is 5 and the lowest ranking is 1.

1 Dividend; 2 Financials as Reported FY 2024, Past 10 Years

Dividend
Dividend History
In the past 5 years annual dividends have increased by 40.0 Dirham from 25.0 Dirham to 65.0 Dirham. Based on a start date of 5 years ago, there has been no decline in dividends over the last 5 years.

DateValue ( Dirham)Type
12 Mar 202565Cash
Tr 12 Months65
2023 - 202455
2022 - 202343
2021 - 202230
2020 - 202125


Financials as Reported FY 2024, Past 10 Years
Financials as reported (FY 2024 [year-ended 31 December 2024 ])

RESULTS OF OPERATIONS AND FINANCIAL CONDITION
(In QAR Thousand, except per share data and shares outstanding)

INCOME STATEMENT AS REPORTED (FY 2024 [year-ended 31 December 2024 ])

DescriptionQAR ThousandQAR Thousand
Dec 3120242023Change %
Revenue23,594,81723,163,709Up 1.9
Other income234,935671,530Down 65.0
Network interconnect and other operating expenses-10,730,106-10,762,258Improved 0.3
Royalty fees-229,825-238,348Improved 3.6
Employee salaries and associated costs-2,892,482-2,650,535Deterioration 9.1
Depreciation and amortisation-4,317,576-4,584,458Improved 5.8
Finance costs-779,141-860,563Improved 9.5
Finance income504,414325,459Up 55.0
Share of net profit of associates and joint ventures372,664397,705Down 6.3
Impairment losses on financial assets-317,398-431,550Improved 26.5
Impairment losses on goodwill and other non-financial
assets-130,406-701,770Improved 81.4
Other gains / (losses) - net-434,307-42,080Deterioration 932.1
Profit before income tax and other tax related
fees4,875,5894,286,841Up 13.7
Income tax and other tax related fees-848,487-775,305Deterioration 9.4
Profit for the year4,027,1023,511,536Up 14.7
Profit attributable to:
Shareholders of the parent3,435,8933,015,878Up 13.9
Non-controlling interests591,209495,658Up 19.3
4,027,1023,511,536Up 14.7
Basic and diluted earnings per share
(Attributable to shareholders of the parent)
(Expressed in QR. per share)QAR1.0794.0 DirhamUp 13.8
NO OF SHARES3,203,200,0003,203,200,000Steady

BALANCE SHEET AS REPORTED (FY 2024 [year-ended 31 December 2024 ])

DescriptionQAR ThousandQAR Thousand
Dec 3120242023Change %
ASSETS
Non-current assets
Property plant and equipment13,885,93113,905,757Down 0.1
Intangible assets and goodwill13,990,91515,514,529Down 9.8
Right-of-use assets2,829,7552,790,486Up 1.4
Investment properties106,127118,910Down 10.8
Investment in associates and joint ventures6,980,1057,085,027Down 1.5
Financial assets at fair value1,069,882966,383Up 10.7
Other non-current assets299,370259,620Up 15.3
Deferred tax assets310,897321,384Down 3.3
Contract costs153,448166,026Down 7.6
Total non-current assets39,626,43041,128,122Down 3.7
Current assets
Inventories351,833308,449Up 14.1
Contract costs227,830222,674Up 2.3
Trade and other receivables4,804,0155,086,512Down 5.6
Bank balances and cash16,933,40811,462,695Up 47.7
Total current assets22,317,08617,080,330Up 30.7
Total assets61,943,51658,208,452Up 6.4
EQUITY AND LIABILITIES
EQUITY
Share capital3,203,2003,203,200Steady
Legal reserve12,434,28212,434,282Steady
Fair value and other reserves396,441312,467Up 26.9
Employees' benefits reserve-3,691-3,567Deterioration 3.5
Translation reserve-6,258,237-6,307,061Improved 0.8
Other statutory reserves1,515,6961,457,122Up 4.0
Retained earnings16,949,71415,361,878Up 10.3
Equity attributable to shareholders of the parent28,237,40526,458,321Up 6.7
Non-controlling interests4,211,6614,116,031Up 2.3
Total equity32,449,06630,574,352Up 6.1
LIABILITIES
Non-current liabilities
Loans and borrowings11,862,00311,943,368Down 0.7
Employees' benefits638,475609,842Up 4.7
Lease liabilities2,358,0673,131,129Down 24.7
Deferred tax liabilities36,00626,251Up 37.2
Other non-current liabilities306,291351,627Down 12.9
Contract liabilities14,33713,346Up 7.4
Provisions226,861217,669Up 4.2
Total non-current liabilities15,442,04016,293,232Down 5.2
Current liabilities
Loans and borrowings3,279,634467,571Up 601.4
Lease liabilities521,573615,138Down 15.2
Trade and other payables7,651,4397,639,458Up 0.2
Deferred income1,191,3381,396,682Down 14.7
Contract liabilities68,28553,375Up 27.9
Income tax and other tax related payables1,034,858906,792Up 14.1
Provisions305,283261,852Up 16.6
Total current liabilities14,052,41011,340,868Up 23.9
Total liabilities29,494,45027,634,100Up 6.7
Total equity and liabilities61,943,51658,208,452Up 6.4

CASH FLOW AS REPORTED (FY 2024 [year-ended 31 December 2024 ])

DescriptionQAR ThousandQAR Thousand
Dec 3120242023Change %
Cash flows from operating activities
Profit before income tax and other tax related fees4,875,5894,286,841Up 13.7
Adjustments for:
Depreciation and amortisation4,317,5764,584,458Down 5.8
Dividend income-10,153
Impairment losses on financial assets317,398431,550Down 26.5
Impairment losses on goodwill and other non-financial
assets130,406701,770Down 81.4
Gain on disposal of investments at FVTPL-12
Unrealised gain on equity investment at FVTPL-19,580-80,809Improved 75.8
Gain on disposal of non-financial assets-45,504-33,967Deterioration 34.0
Gain on disposal of investment in associate-139,173
Gain on deconsolidation of a subsidiary-117,895
Finance costs779,141860,563Down 9.5
Finance income-504,414-325,459Deterioration 55.0
Provision for employees' benefits186,394181,052Up 3.0
Share of results of associates and joint ventures-372,664-397,705Improved 6.3
Operating profit before working capital changes9,536,28210,069,121Down 5.3
Working capital changes:
Changes in inventories-44,65796,315Deterioration
Changes in trade and other receivables141,656161,781Down 12.4
Changes in contract costs7,422-18,955Recovery
Changes in trade and other payables-77,459-393,753Improved 80.3
Changes in contract liabilities15,901-7,817Recovery
Cash generated from operations9,579,1459,906,692Down 3.3
Interest paid-680,725-808,572Improved 15.8
Employees' benefits paid-161,868-164,221Improved 1.4
Income tax and other tax related fees paid-704,226-572,689Deterioration 23.0
Net cash generated from operating activities8,032,3268,361,210Down 3.9
Cash flows from investing activities
Acquisition of property plant and equipment-3,058,912-2,835,974Deterioration 7.9
Acquisition of intangible assets-214,825-274,394Improved 21.7
Acquisition of investments in subsidiary-73,409
Proceeds from disposal of non-financial assets64,80663,714Up 1.7
Proceeds from disposal of financial assets at fair value6,49552,135Down 87.5
Proceeds from disposal of an investment in associate136,438
Proceeds from disposal of subsidiary74,409
Released restricted deposits137,02041,031Up 233.9
Additions to restricted deposits-139,396-225,689Improved 38.2
Net movement in short-term deposits-449,960-371,369Deterioration 21.2
Dividends received from an associate and a joint venture144,881183,827Down 21.2
Other dividends received10,153
Interest received482,213324,945Up 48.4
Net cash used in investing activities-2,943,116-2,978,745Improved 1.2
Cash flows from financing activities
Proceeds from loans and borrowings3,419,855896,197Up 281.6
Repayments of loans and borrowings-724,860-6,373,671Improved 88.6
Principal element of lease payments-701,591-793,530Improved 11.6
Additions to deferred financing costs-24,096-8,216Deterioration 193.3
Dividends paid to shareholders of the parent-1,761,760-1,377,376Deterioration 27.9
Dividends paid to non-controlling interests in subsidiaries-478,012-444,855Deterioration 7.5
Net cash used in financing activities-270,464-8,101,451Improved 96.7
Net increase / (decrease) in cash and cash equivalents4,818,746-2,718,986Recovery
Cash and cash equivalents at the beginning of the year10,119,79912,423,362Down 18.5
Effect of exchange rate fluctuations178,234415,423Down 57.1
Cash and cash equivalents at the end of the year15,116,77910,119,799Up 49.4

Download OOREDOO Q.S.C. Financials Past 10 Years


Description (December 31)20242023202220212020
Income Statement
Revenue per share 7.377.237.099.989.23
EBITDA 558 M(297.6 M)(1.2 B)(6.3 B)(6.6 B)
Depreciation (B)(4.3)(4.6)(4.6)(8)(8.2)
Tax (M)(848.5)(775.3)(565.8)(626.7)(203.1)
Net profit 3.4 B3 B2.4 B46.9 M1.1 B
EPS 1.070.940.740.010.35
Balance Sheet
Equity Share Capital (B)28.226.524.321.228.2
Retained Earnings (B)16.915.413.912.513.3
Total Debt (B)1816.221.820.46.6
Total Assets (B)61.958.261.877.487.7
Current Asset (B)22.317.119.638.424.3
Fixed Asset (B)13.913.914.214.926.1
Working Capital 8.3 B5.7 B4.3 B11.5 B(980.9 M)
Cash Flow
Operating Cash Flow (B)88.46.7811.1
Investing Cash Flow (B)(2.9)(3)(2.3)(2.9)(5.3)
Financing Cash Flow (270.5 M)(8.1 B)(4.1 B)(9.1 B)(3.9 B)
Net Cash Flow 4.8 B(2.7 B)357.3 M(4.1 B)1.9 B

Description (December 31)20192018201720162015
Income Statement
Revenue per share 9.799.64104.15103.21101.42
Other Revenue 1.3 B469.3 M152.2 M555.9 M325.1 M
EBITDA (B)(5.9)(5.7)(5.4)(5.2)(5.3)
Depreciation (B)(8.6)(8)(8.4)(8.4)(7.9)
Tax (M)(422.1)(485)(773.6)379.4331.5
Net profit (B)1.71.61.92.22.1
EPS 0.540.490.590.680.66
Balance Sheet
Equity Share Capital (B)23.122.229.622.221.8
Retained Earnings (B)12.912.51211.210.2
Total Debt (B)31.736.839.940.742.8
Total Assets (B)8885.389.590.594.2
Current Asset (B)24.126.727.124.726.5
Fixed Asset (B)2727.229.532.533.5
Working Capital (7.5 M)460.8 M3.1 B4.3 B77.9 M
Cash Flow
Operating Cash Flow (B)11.87.99.49.29.9
Investing Cash Flow (B)(5.9)(4)(5.1)(8)(8.5)
Financing Cash Flow (B)(8.8)(5)(2.8)(3.3)(1.3)
Net Cash Flow (2.9 B)(1.1 B)1.5 B(2.1 B)32.9 M