National Cement Co.

Qatar National Cement Co.

QNCDStocksQatar Stock ExchangeMaterials

Financials

1-5

	CurrentMar 10, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Market & Price
Market Capitalization	1.87B	1.80B	2.12B	2.29B	2.29B
Market Cap Growth	-19.5%	-31.3%	-11.9%	-2.9%	-3.2%
Enterprise Value	1.23B	1.19B	1.55B	1.79B	1.62B
Last Close Price	2.86	2.76	3.25	3.50	3.51
Valuation Multiples
Forward PE (Next 12M Est.)	11.42	11.76	11.76	11.76	11.76
PE Ratio	18.58	23.85	39.32	—	29.29
PEG Ratio	—	1.60	1.60	1.60	1.60
PS Ratio	4.68	5.97	10.97	—	12.47
PB Ratio	0.63	0.61	0.72	0.78	0.79
P/TBV Ratio	0.63	0.61	0.72	0.78	0.79
EV/Sales Ratio	3.08	3.95	8.02	—	8.84
EV/EBITDA Ratio	14.36	18.14	32.12	—	18.64
EV/EBIT Ratio	23.91	36.29	64.98	—	34.73
Leverage & Capital
Debt / Equity Ratio	0.00	0.00	0.00	0.00	—
Debt / EBITDA Ratio	0.08	0.10	0.04	—	—
Net Debt / Equity Ratio	-0.22	-0.22	-0.21	-0.20	-0.17
Net Debt / EBITDA Ratio	-7.66	-9.70	-12.60	—	-5.75
Efficiency & Liquidity
Asset Turnover	0.14	0.13	—	0.11	—
Inventory Turnover	0.56	0.63	0.64	—	0.46
Quick Ratio	4.20	4.20	4.56	4.25	3.99
Current Ratio	6.74	6.74	7.42	7.54	7.33
Returns & Yields
Return on Equity (ROE)	+2.9%	+3.2%	—	+4.1%	—
Return on Assets (ROA)	+0.7%	+1.0%	—	+0.9%	—
Return on Capital Employed (ROCE)	+1.7%	+1.1%	+0.8%	—	+1.6%
Earnings Yield	+5.4%	+4.2%	+2.5%	—	+3.4%
Dividend Yield	+7.7%	+8.0%	—	—	—
Total Shareholder Return	+7.7%	+8.0%	—	—	—

QAR 2.85

Official close

-0.2%

Price as of March 29, 2026 · Market close

Prices may be delayed by up to 30 minutes.

1-5

	CurrentMar 10, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Market & Price
Market Capitalization	1.87B	1.80B	2.12B	2.29B	2.29B
Market Cap Growth	-19.5%	-31.3%	-11.9%	-2.9%	-3.2%
Enterprise Value	1.23B	1.19B	1.55B	1.79B	1.62B
Last Close Price	2.86	2.76	3.25	3.50	3.51
Valuation Multiples
Forward PE (Next 12M Est.)	11.42	11.76	11.76	11.76	11.76
PE Ratio	18.58	23.85	39.32	—	29.29
PEG Ratio	—	1.60	1.60	1.60	1.60
PS Ratio	4.68	5.97	10.97	—	12.47
PB Ratio	0.63	0.61	0.72	0.78	0.79
P/TBV Ratio	0.63	0.61	0.72	0.78	0.79
EV/Sales Ratio	3.08	3.95	8.02	—	8.84
EV/EBITDA Ratio	14.36	18.14	32.12	—	18.64
EV/EBIT Ratio	23.91	36.29	64.98	—	34.73
Leverage & Capital
Debt / Equity Ratio	0.00	0.00	0.00	0.00	—
Debt / EBITDA Ratio	0.08	0.10	0.04	—	—
Net Debt / Equity Ratio	-0.22	-0.22	-0.21	-0.20	-0.17
Net Debt / EBITDA Ratio	-7.66	-9.70	-12.60	—	-5.75
Efficiency & Liquidity
Asset Turnover	0.14	0.13	—	0.11	—
Inventory Turnover	0.56	0.63	0.64	—	0.46
Quick Ratio	4.20	4.20	4.56	4.25	3.99
Current Ratio	6.74	6.74	7.42	7.54	7.33
Returns & Yields
Return on Equity (ROE)	+2.9%	+3.2%	—	+4.1%	—
Return on Assets (ROA)	+0.7%	+1.0%	—	+0.9%	—
Return on Capital Employed (ROCE)	+1.7%	+1.1%	+0.8%	—	+1.6%
Earnings Yield	+5.4%	+4.2%	+2.5%	—	+3.4%
Dividend Yield	+7.7%	+8.0%	—	—	—
Total Shareholder Return	+7.7%	+8.0%	—	—	—