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Gulf Warehousing Company Q.P.S.C. (GWCS.QA)

QA DOH Industrials Integrated Freight & Logistics
Address Building Number 92 9763
Doha, QA
CEO Matthew Kearns
IPO 2010-02-22
ISIN QA000A0KD6H9

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Description

Gulf Warehousing Company Q.P.S.C. (GWC), together with its associated entities, acts as a comprehensive provider of logistics and cargo forwarding solutions, operating both within Qatar and on a global scale. Its business model is structured around four primary divisions: Logistics Operations, Freight Forwarding, Investment Properties, and other ventures. GWC's extensive service portfolio includes meticulous material handling, specialized packaging and repackaging, precise inventory management, international moving and relocation assistance, rapid express courier services, and efficient retail distribution. The company also offers strategic consulting and manages internal transportation for goods designated for storage. For cross-border movement of goods, GWC facilitates freight forwarding via land, sea, and air routes. Beyond its core logistics offerings, the firm provides essential transportation and information technology support. A key area of expertise is records management, which involves the digitization of documents, secure storage for both physical and digital archives, timely retrieval, systematic indexing and cataloging accessible through dedicated management systems, and the secure disposal of sensitive information. GWC is also actively engaged in the development, operation, and management of warehousing facilities. Furthermore, GWC diversifies its operations through trading businesses involving chemicals, food products, and various other consumables. Its marine services department furnishes a suite of provisions, including yard operations, liner representation, port agency services, cruise ship hosting, and husbandry duties, supplemented by general shipping agency services. The company caters to a diverse range of sectors, such as aviation, telecommunications, manufacturing, government bodies, banking and finance, the oil and gas industry, sports and event management, fine arts, records management, healthcare, and small to medium-sized enterprises. Gulf Warehousing Company Q.P.S.C. was established in 2003 and maintains its corporate headquarters in Doha, Qatar.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
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Volume Profile
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Liquidity & share structure
Average Volume
1M
Beta
0.20
Float Shares
262.37M
Free Float %
44.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.45% -1.45% -1.00% -0.09% -5.74% -3.21% -25.24% -38.58% -57.57% -63.07% +51.61%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
2.17
DCF (Unlevered) 3.18 +46.6%
DCF (Levered) 6.10 +181.2%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 67% Bullish
Rating 2026-05 Change
Strong Buy 2 0
Buy 0 0
Hold 1 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.15
Distress
Piotroski F-Score
6 / 9
Average
MOAT Score
4 / 10
Developing
Operational MOAT
✗ Below peers
  • Revenue growth Integrated Freight & Logistics: +6.5%
    -12.7% Q1'26: -13.5% (vs Q1'25)
  • EPS growth Integrated Freight & Logistics: +7.1%
    -31.0% Q1'26: -9.4% (vs Q1'25)
  • FCF margin FCF growth · Integrated Freight & Logistics: +60.0%
    +27.1% Q1'26: +23.0% (vs Q1'25)
  • EBIT margin Integrated Freight & Logistics: +6.9%
    +17.1% Q1'26: +12.1% (vs Q1'25)
  • ROIC Integrated Freight & Logistics: +6.4%
    +5.0% Q1'26: +3.5% (vs Q1'25)
  • Share dilution Integrated Freight & Logistics: +0.1%
    +0.0% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Integrated Freight & Logistics: 0.95×
    5.41× Q1'26: 5.92× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.20) × ERP
WACC = 34% × Ke + 66% × Kd (4.4%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 3.18 Current price: 2.37
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Dec 2029
1 Rev. Ana.
1 EPS Ana.
Revenue
787.94M
est: 793.00M (-0.6%)
849.53M
est: 833.00M (+2.0%)
966.89M
est: 951.47M (+1.6%)
1.23B
est: 1.22B (+1.3%)
1.22B
est: 1.23B (-0.8%)
1.23B
est: 1.17B (+5.1%)
1.30B
est: 1.27B (+2.6%)
1.52B
est: 1.55B (-1.9%)
1.51B
est: 1.47B (+2.6%)
1.58B
est: 1.62B (-2.5%)
1.38B
est: 1.39B (-0.8%)
1.38B
1.38B – 1.38B
-1.0% YoY
1.44B
1.44B – 1.44B
+4.8% YoY
1.52B
1.52B – 1.52B
+5.0% YoY
1.59B
1.59B – 1.59B
+5.1% YoY
EBITDA
302.56M
est: 247.92M (+22.0%)
350.69M
est: 260.42M (+34.7%)
397.45M
est: 297.46M (+33.6%)
507.47M
est: 380.15M (+33.5%)
510.68M
est: 385.18M (+32.6%)
457.46M
est: 367.03M (+24.6%)
453.61M
est: 397.28M (+14.2%)
431.54M
est: 483.93M (-10.8%)
439.29M
est: 448.74M (-2.1%)
425.88M
est: 495.08M (-14.0%)
460.45M
est: 424.90M (+8.4%)
420.46M
420.46M – 420.46M
-1.0% YoY
440.60M
440.60M – 440.60M
+4.8% YoY
462.57M
462.57M – 462.57M
+5.0% YoY
486.06M
486.06M – 486.06M
+5.1% YoY
EBIT
220.26M
est: 143.62M (+53.4%)
243.89M
est: 150.86M (+61.7%)
269.56M
est: 172.32M (+56.4%)
324.88M
est: 220.22M (+47.5%)
339.71M
est: 223.13M (+52.2%)
296.51M
est: 212.62M (+39.5%)
290.25M
est: 230.15M (+26.1%)
259.51M
est: 280.34M (-7.4%)
232.04M
est: 246.00M (-5.7%)
186.58M
est: 271.40M (-31.3%)
236.45M
est: 232.93M (+1.5%)
230.49M
230.49M – 230.49M
-1.0% YoY
241.53M
241.53M – 241.53M
+4.8% YoY
253.58M
253.58M – 253.58M
+5.0% YoY
266.46M
266.46M – 266.46M
+5.1% YoY
Net Income
185.16M
est: 193.39M (-4.3%)
205.67M
est: 202.77M (+1.4%)
215.46M
est: 644.63M (-66.6%)
236.76M
est: 232.07M (+2.0%)
249.51M
est: 245.10M (+1.8%)
235.99M
est: 234.41M (+0.7%)
224.94M
est: 222.69M (+1.0%)
239.58M
est: 241.39M (-0.7%)
215.04M
est: 200.58M (+7.2%)
171.89M
est: 189.58M (-9.3%)
120.05M
est: 106.07M (+13.2%)
133.03M
133.03M – 133.03M
+25.4% YoY
133.62M
133.62M – 133.62M
+0.4% YoY
138.89M
138.89M – 138.89M
+3.9% YoY
150.61M
150.61M – 150.61M
+8.4% YoY
SGA
98.15M
est: 70.31M (+39.6%)
93.54M
est: 73.86M (+26.7%)
106.69M
est: 84.36M (+26.5%)
112.98M
est: 107.81M (+4.8%)
109.20M
est: 109.24M (0.0%)
112.15M
est: 104.09M (+7.7%)
114.50M
est: 112.67M (+1.6%)
130.83M
est: 137.25M (-4.7%)
142.72M
est: 135.96M (+5.0%)
132.69M
est: 150.00M (-11.5%)
151.74M
est: 128.74M (+17.9%)
127.39M
127.39M – 127.39M
-1.0% YoY
133.50M
133.50M – 133.50M
+4.8% YoY
140.15M
140.15M – 140.15M
+5.0% YoY
147.27M
147.27M – 147.27M
+5.1% YoY
EPS
0.36
est: 0.33 (+9.1%)
0.35
est: 0.35 (+1.2%)
0.37
est: 1.10 (-66.4%)
0.40
est: 0.40 (+1.0%)
0.43
est: 0.42 (+2.8%)
0.40
est: 0.40 (+0.0%)
0.38
est: 0.38 (+0.0%)
0.41
est: 0.41 (-0.5%)
0.37
est: 0.34 (+8.1%)
0.29
est: 0.32 (-10.4%)
0.20
est: 0.18 (+10.5%)
0.23
0.23 – 0.23
+25.4% YoY
0.23
0.23 – 0.23
+0.4% YoY
0.24
0.24 – 0.24
+3.9% YoY
0.26
0.26 – 0.26
+8.4% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-25 A- 4/5 5/5 2/5 3/5 2/5 4/5 5/5
2026-05-24 A- 4/5 5/5 2/5 3/5 2/5 4/5 5/5
2026-05-21 A 4/5 5/5 3/5 3/5 2/5 4/5 5/5
2026-05-20 A 4/5 5/5 3/5 3/5 2/5 4/5 5/5
2026-05-19 A 4/5 5/5 3/5 3/5 2/5 4/5 5/5
2026-05-18 A 4/5 5/5 3/5 3/5 2/5 4/5 5/5
2026-05-17 A- 4/5 5/5 3/5 3/5 1/5 4/5 5/5
2026-05-14 A- 4/5 5/5 3/5 3/5 1/5 4/5 5/5
2026-05-13 A- 4/5 5/5 2/5 3/5 1/5 4/5 5/5
2026-05-12 A- 4/5 5/5 2/5 3/5 1/5 4/5 5/5
2026-05-11 A- 4/5 5/5 2/5 3/5 1/5 4/5 5/5
2026-05-10 A- 4/5 5/5 2/5 3/5 1/5 4/5 5/5
2026-05-07 A- 4/5 5/5 2/5 3/5 1/5 4/5 5/5
2026-05-06 A- 4/5 5/5 2/5 3/5 1/5 4/5 5/5
2026-05-05 A- 4/5 5/5 2/5 3/5 1/5 4/5 5/5
2026-05-04 A- 4/5 5/5 2/5 3/5 1/5 4/5 5/5
2026-05-03 A- 4/5 5/5 2/5 4/5 1/5 4/5 5/5
2026-04-30 A- 4/5 5/5 2/5 4/5 1/5 4/5 5/5
2026-04-29 A- 4/5 5/5 2/5 4/5 1/5 4/5 5/5
2026-04-28 A- 4/5 5/5 2/5 4/5 1/5 4/5 5/5
2026-04-27 A- 4/5 5/5 2/5 4/5 1/5 4/5 5/5
2026-04-26 A- 4/5 5/5 2/5 4/5 1/5 4/5 5/5
2026-04-23 A- 4/5 5/5 2/5 4/5 1/5 4/5 5/5
2026-04-22 A- 4/5 5/5 2/5 4/5 1/5 4/5 5/5
2026-04-21 A- 4/5 5/5 2/5 4/5 1/5 4/5 5/5
2026-04-20 A- 4/5 5/5 2/5 4/5 1/5 4/5 5/5
2026-04-19 A- 4/5 5/5 2/5 4/5 1/5 4/5 5/5
2026-04-16 A- 4/5 5/5 2/5 4/5 1/5 4/5 5/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-159.36M
OE per share TTM
-0.27
Owner's Yield
-12.53%
Maintenance CapEx ratio
407.08%
Maint CapEx / Avg PPE
257.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 6 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 iShares MSCI Qatar ETF QAT 0.50% 330.5K 0.60%
2 Dimensional - Emerging Markets Value ETF DFEV 0.00% 84.6K 0.46%
3 Dimensional - Emerging Markets Core Equity 2 ETF DFEM 0.00% 349.2K 0.39%
4 Dimensional - Emerging Markets ex China Core Equity ETF DEXC 0.00% 11.6K 0.56%
5 Dimensional - Emerging Core Equity Market ETF DFAE 0.00% 148.0K 0.29%
6 Dimensional World ex U.S. Core Equity 2 ETF DFAX 0.00% 129.0K 0.28%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
675.6K
Shares Outstanding
586.03M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Asem Alnaser Chief Audit, Risk & Compliance Officer male
Hicham Abdulkadir Nedjari Chief Financial Officer male
Leena Waleed Nayef Shehadeh Chief Marketing & Revenue Officer female
Linto Chalakkal Senior Vice President of Supply Chain, Product & Technology male
Matthew Kearns Group Chief Executive Officer male
Montasser Alfol General Counsel male
Nawaf Mohammad Al-Emadi Executive Vice president of Government Relations male
Rajeswar Govindan Chief Strategy Officer male
Sheikh Abdulla Bin Fahad Bin Jassem Bin Jabor Al-Thani Group MD & Director
Syed Maaz Chief Commercial Officer male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits