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Qatar Navigation Q.P.S.C. (QNNS.QA)

QAR10.00 -0.01 (-0.10%)
QA DOH Industrials Marine Shipping
Address Umm Al Saneem Area
Doha, QA
CEO Fahad Saad Al-Qahtani
Website milaha.com
IPO 2010-02-22
ISIN QA0007227695

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Description

Qatar Navigation Q.P.S.C. functions as a multifaceted maritime and logistics enterprise, with operations spanning Qatar, the United Arab Emirates, and Germany. Its Milaha Capital division delivers corporate finance advisory services and oversees a diverse portfolio of financial and real estate investments. The Milaha Maritime & Logistics segment provides comprehensive logistics, warehousing, and shipping capabilities, encompassing container feeder services, non-vessel operating common carrier (NVOCC) operations, bulk shipping, and shipping agency functions. This segment also specializes in port management, shipyard activities, and steel fabrication, catering to importers, exporters, and various shipping companies. Through Milaha Offshore, the company offers specialized support to the oil and gas industry, deploying a robust fleet of offshore service vessels such as safety standby ships, anchor handling tugs, crew and work boats, and dynamic positioning vessels, alongside saturation diving expertise. Milaha Trading focuses on the distribution of trucks, heavy equipment, machinery, and lubrication brands, complemented by extensive after-sales support and the operation of a travel agency. The Milaha Gas and Petrochem division owns, manages, and operates a fleet of LPG and liquefied natural gas (LNG) carriers, providing vital ocean transportation services to international energy and industrial clients. This segment also commands a fleet of product tankers and a crude carrier, actively managing additional product tankers through collaborations with global trading and shipping firms. Beyond these core divisions, the company's additional services include fabricating and installing offshore structures, land transportation, vessel chartering, real estate upkeep, securities investment, and the distribution of building materials, industrial goods, and aggregates. Its comprehensive maritime involvement also covers the ownership, leasing, acquisition, sale, operation, management, and maintenance of a diverse range of vessels, and it acts as a foreign shipping agent. Established in 1957, Qatar Navigation Q.P.S.C. maintains its 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
QAR10.00 -0.01 (-0.10%)
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Volume Profile
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Liquidity & share structure
Average Volume
957.1K
Beta
0.14
Float Shares
948.87M
Free Float %
83.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.07% +2.56% +0.97% -1.33% -5.71% -3.34% -3.70% +2.06% +42.41% +21.47% +140.42%
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
10.00
DCF (Unlevered) 109.40 +994.0%
DCF (Levered) 144.43 +1,344.3%

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) 100% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 2 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
4.03
Safe zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
4 / 10
Developing
Operational MOAT
✗ Below peers
  • Revenue growth Marine Shipping: +2.8%
    +17.2% Q1'26: +15.2% (vs Q1'25)
  • EPS growth Marine Shipping: -1.4%
    +13.1% Q1'26: -21.2% (vs Q1'25)
  • FCF margin FCF growth · Marine Shipping: +26.4%
    +23.3% Q1'26: +20.2% (vs Q1'25)
  • EBIT margin Marine Shipping: +23.2%
    +22.1% Q1'26: +35.8% (vs Q1'25)
  • ROIC Marine Shipping: +6.9%
    +4.2% Q1'26: +7.5% (vs Q1'25)
  • Share dilution Marine Shipping: +0.0%
    +0.0% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Marine Shipping: 1.05×
    0.70× Q1'26: 0.38× (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 (0.15) × ERP
WACC = 93% × Ke + 7% × Kd (4.8%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 109.40 Current price: 10.00
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.
Revenue
3.00B
est: 2.97B (+1.0%)
2.55B
est: 2.59B (-1.3%)
2.49B
est: 2.17B (+15.0%)
2.42B
est: 2.42B (+0.0%)
2.40B
est: 2.42B (-0.6%)
2.27B
est: 2.22B (+2.1%)
2.42B
est: 2.75B (-12.3%)
2.79B
est: 3.32B (-15.8%)
2.94B
est: 2.86B (+2.7%)
2.84B
est: 2.80B (+1.5%)
3.33B
est: 3.33B (0.0%)
3.61B
3.49B – 3.73B
+8.6% YoY
3.83B
3.83B – 3.83B
+6.1% YoY
4.01B
4.01B – 4.01B
+4.6% YoY
EBITDA
1.17B
est: 946.15M (+23.3%)
894.06M
est: 823.72M (+8.5%)
613.42M
est: 690.37M (-11.1%)
555.26M
est: 769.87M (-27.9%)
644.38M
est: 769.55M (-16.3%)
514.90M
est: 707.73M (-27.2%)
620.65M
est: 877.47M (-29.3%)
812.60M
est: 1.06B (-23.1%)
741.51M
est: 1.69B (-56.1%)
1.61B
est: 1.65B (-2.6%)
1.25B
est: 1.96B (-36.3%)
2.13B
2.06B – 2.20B
+8.6% YoY
2.26B
2.26B – 2.26B
+6.1% YoY
2.37B
2.37B – 2.37B
+4.6% YoY
EBIT
854.84M
est: 536.32M (+59.4%)
555.24M
est: 466.93M (+18.9%)
448.18M
est: 391.33M (+14.5%)
400.87M
est: 436.40M (-8.1%)
282.60M
est: 436.22M (-35.2%)
148.02M
est: 401.18M (-63.1%)
252.96M
est: 497.40M (-49.1%)
486.86M
est: 598.79M (-18.7%)
436.33M
est: 1.22B (-64.3%)
1.17B
est: 1.19B (-2.4%)
734.82M
est: 1.42B (-48.3%)
1.54B
1.49B – 1.59B
+8.6% YoY
1.64B
1.64B – 1.64B
+6.1% YoY
1.71B
1.71B – 1.71B
+4.6% YoY
Net Income
1.09B
est: 1.21B (-9.8%)
711.46M
est: 893.03M (-20.3%)
469.83M
est: 448.22M (+4.8%)
516.34M
est: 494.23M (+4.5%)
546.75M
est: 602.17M (-9.2%)
59.11M
est: 511.27M (-88.4%)
724.15M
est: 802.13M (-9.7%)
1.01B
est: 1.10B (-8.1%)
1.03B
est: 1.01B (+1.9%)
1.12B
est: 1.18B (-4.6%)
1.27B
est: 1.27B (-0.1%)
1.36B
1.36B – 1.36B
+7.1% YoY
1.49B
1.49B – 1.49B
+9.2% YoY
1.76B
1.76B – 1.76B
+18.3% YoY
SGA
67.37M
est: 107.08M (-37.1%)
94.88M
est: 93.22M (+1.8%)
81.44M
est: 78.13M (+4.2%)
86.79M
est: 87.13M (-0.4%)
114.59M
est: 87.09M (+31.6%)
91.82M
est: 80.10M (+14.6%)
108.39M
est: 99.31M (+9.1%)
107.59M
est: 119.55M (-10.0%)
88.05M
est: 94.57M (-6.9%)
75.19M
est: 92.33M (-18.6%)
83.95M
est: 109.83M (-23.6%)
119.24M
115.31M – 123.17M
+8.6% YoY
126.53M
126.53M – 126.53M
+6.1% YoY
132.38M
132.38M – 132.38M
+4.6% YoY
EPS
0.96
est: 1.07 (-10.1%)
0.63
est: 0.79 (-19.8%)
0.41
est: 0.39 (+3.9%)
0.45
est: 0.44 (+3.4%)
0.48
est: 0.53 (-9.4%)
0.05
est: 0.45 (-88.4%)
0.64
est: 0.71 (-9.3%)
0.89
est: 0.97 (-8.2%)
0.91
est: 0.89 (+2.3%)
0.99
est: 1.04 (-4.3%)
1.12
est: 1.12 (+0.0%)
1.20
1.20 – 1.20
+7.1% YoY
1.31
1.31 – 1.31
+9.2% YoY
1.55
1.55 – 1.55
+18.3% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-25 A+ 5/5 5/5 3/5 4/5 4/5 4/5 5/5
2026-05-24 A+ 5/5 5/5 3/5 4/5 4/5 4/5 5/5
2026-05-21 A+ 5/5 5/5 3/5 4/5 4/5 4/5 5/5
2026-05-20 A+ 5/5 5/5 3/5 4/5 4/5 4/5 5/5
2026-05-19 S- 5/5 5/5 3/5 5/5 4/5 4/5 5/5
2026-05-18 S- 5/5 5/5 3/5 5/5 4/5 4/5 5/5
2026-05-17 A+ 5/5 5/5 3/5 5/5 3/5 4/5 5/5
2026-05-14 A+ 5/5 5/5 3/5 5/5 3/5 4/5 5/5
2026-05-13 A+ 5/5 5/5 3/5 5/5 3/5 4/5 5/5
2026-05-12 A+ 5/5 5/5 3/5 5/5 3/5 4/5 5/5
2026-05-11 A+ 5/5 5/5 3/5 5/5 3/5 4/5 5/5
2026-05-10 A+ 5/5 5/5 3/5 5/5 3/5 4/5 5/5
2026-05-07 A+ 5/5 5/5 3/5 5/5 3/5 4/5 5/5
2026-05-06 A+ 5/5 5/5 3/5 5/5 3/5 4/5 5/5
2026-05-05 A+ 5/5 5/5 3/5 5/5 3/5 4/5 5/5
2026-05-04 A+ 5/5 5/5 3/5 5/5 3/5 4/5 5/5
2026-05-03 A+ 5/5 5/5 3/5 5/5 3/5 4/5 5/5
2026-04-30 A+ 5/5 5/5 3/5 5/5 3/5 4/5 5/5
2026-04-29 A+ 5/5 5/5 3/5 5/5 3/5 4/5 5/5
2026-04-28 A+ 5/5 5/5 3/5 5/5 3/5 4/5 5/5
2026-04-27 A+ 4/5 5/5 3/5 5/5 2/5 4/5 5/5
2026-04-26 A+ 4/5 5/5 3/5 5/5 2/5 4/5 5/5
2026-04-23 A+ 4/5 5/5 3/5 5/5 2/5 4/5 5/5
2026-04-22 A+ 4/5 5/5 3/5 5/5 2/5 4/5 5/5
2026-04-21 A+ 4/5 5/5 3/5 5/5 2/5 4/5 5/5
2026-04-20 A+ 4/5 5/5 3/5 5/5 2/5 4/5 5/5
2026-04-19 A+ 4/5 5/5 3/5 5/5 2/5 4/5 5/5
2026-04-16 A+ 4/5 5/5 3/5 5/5 2/5 4/5 5/5
2026-04-15 A+ 4/5 5/5 3/5 5/5 2/5 4/5 5/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.58B
OE per share TTM
1.39
Owner's Yield
13.51%
Maintenance CapEx ratio
33.88%
Maint CapEx / Avg PPE
124.0%

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.

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
293.9K
Shares Outstanding
1.14B

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
Akram Bashir Iswaisi Executive Vice President of Finance & Investment male
Ali Mohamed Al-Kuwari Executive VP of Marine & Technical Services male
Anders Lund Kristensen Executive Vice President of Maritime & Logistics male
Fahad Saad Al-Qahtani Chief Executive Officer male
Gautam Bellur Executive Vice President of Corporate Development male
Ibrahim Abdulla Al-Derbasti EVP – Milaha Offshore & Marine male
Kris Brusselmans Executive Vice President of Maritime & Logistics male
Mohammed Abdulla Swidan Interim President, Executive Vice President of Milaha Offshore & Marine Services male
Najeb Khalifa Al-Sada Deputy Chief Executive of Operations male
Rahul Bhargava Acting Executive Vice President of Gas & Petrochem 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