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Qatar Gas Transport Company Limited (Nakilat) (QPSC)

Qatar Gas Transport Company Limited (Nakilat) (QPSC)

QGTS.QA
Qatar Gas Transport Company Limited (Nakilat) (QPSC)QA flagQatar Stock Exchange
4.32
QAR
-0.03
- -
23.94BMarket Cap
Qatar Gas Transport Company Limited (Nakilat) (QPSC)
QGTS.QA
(Qatar Stock Exchange)

Recent

price

4.32

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.5
0.56
0.56
0.56
0.56
0.56
0.56
0.56
0.56
0.58
0.64
0.65
0.65
0.65
0.66
0.73
0.69
Revenue per Share
0.12
0.15
0.14
0.13
0.16
0.18
0.17
0.15
0.16
0.18
0.21
0.24
0.26
0.28
0.3
0.3
0.31
Basic EPS, GAAP
0.13
0.19
0.18
0.15
0.18
0.19
0.18
0.2
0.16
0.17
0.31
0.31
0.32
0.22
-0.52
0.09
0.13
Free Cash Flow per Basic Share
0.05
0.07
0.08
0.1
0.11
0.12
0.12
0.1
0.1
0.1
0.1
0.11
0.12
0.13
0.21
0.14
0.15
Dividend per Share
1.12
1.17
1.19
1.19
1.21
1.24
1.3
1.33
1.37
1.43
1.5
1.6
1.83
1.94
1.99
2.11
2.12
Book Value per Share
0.62
0.26
0.32
0.78
0.69
0.8
0.95
1.07
1.25
1.24
1.28
1.58
2.03
2.18
2.39
2.43
2.45
Tangible Book Value per Share
5,538
5,538
5,538
5,538
5,538
5,538
5,539
5,539
5,539
5,539
5,539
5,540
5,540
5,540
5,540
5,540
5,415
Basic Weighted Avg Shares
2,776
3,104
3,118
3,083
3,099
3,107
3,124
3,112
3,117
3,221
3,564
3,590
3,606
3,626
3,669
4,039
3,730
Sales/Revenue/Turnover
60.85
60.92
58.73
55.9
53.25
51.74
48.09
48.63
49.62
46.93
51.78
51.56
49.45
49.12
52.02
49.13
52.29
Operating Margin (%)
557
592
594
606
661
688
768
768
758
883
891
895
947
935
839
912
863
Depreciation Expense
665
833
765
729
894
982
954
846
891
1,002
1,160
1,353
1,439
1,558
1,637
1,688
1,668
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1.36
0.69
Effective Tax Rate (%)
23.95
26.82
24.55
23.64
28.84
31.62
30.55
27.19
28.59
31.1
32.55
37.7
39.91
42.97
44.62
41.8
44.72
Profit Margin (%)
1,304
1,303
1,272
1,024
1,970
1,748
1,439
1,163
861
630
1,135
617
2,632
2,381
1,051
828
359
Working Capital
24,666
23,803
23,118
22,274
22,188
21,415
20,616
19,789
18,867
20,181
19,892
18,189
17,763
16,531
18,408
18,683
17,744
LT Debt
3,428
1,464
1,765
4,346
3,800
4,448
5,264
5,926
6,938
6,857
7,104
8,771
11,255
12,090
13,264
13,850
13,281
Total Equity
5.88
6.85
7.05
6.48
6.09
6.02
5.63
5.69
5.81
5.5
6.54
6.51
6.07
5.95
6.11
5.88
6.06
Return on Invested Capital (%)
10.6
2.64
6.97
6.75
7.2
7.42
7.42
7.13
7.45
7.67
7.82
8.26
8.93
9.78
9.38
8.63
8.9
Return on Capital (%)
10.85
13.14
11.73
11.05
13.4
14.42
13.56
11.64
11.93
12.93
14.27
15.75
15.17
14.93
15.04
14.85
14.95
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
1,128
1,101
1,237
LT Borrowings
18,334
18,304
17,672
LT Finance Leases
74
72
72
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5,540
5,540
5,540
Market Capitalization
21,775
25,288
26,859

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
3,323
3,557
3,097
Cash, Cash Equivalents & STI
2,336
1,030
2,193
Accounts Receivable, Net
88
716
661
Inventories
19
22
22
Total Current Liabilities
2,272
2,904
2,738
Payables & Accruals
- -
- -
- -
ST Debt
1,128
1,101
1,237
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.38%
14.67%
4.42%
Free Cash Flow
-41.45%
-97.25%
-117.54%
Net Income, GAAP
5.88%
7.89%
3.12%
Sales/Revenue/Turnover
2.73%
2.6%
10.07%
Total Cash Common Dividend
4.44%
12.36%
-32.31%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
908
920
924
916
3,669
2025
924
965
1,109
- -
4,039
2026
1,051
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.08
- -
- -
- -
0.3
2025
0.08
- -
- -
- -
0.3
2026
0.08
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.15
- -
- -
- -
0.21
2025
0.07
- -
- -
- -
0.14
2026
0.07
- -
- -
- -
- -
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Business
Qatar Gas Transport Company Limited (Nakilat) Qatar Gas Transport Company Limited (Nakilat) (QPSC) operates as a leading shipping and maritime company based in Doha, Qatar, founded in 2004, providing the essential transportation link in Qatar's liquefied natural gas (LNG) supply chain through one of the world's largest LNG carrier fleets comprising 69 LNG carriers. The company offers a comprehensive portfolio of maritime services, including ship repair and offshore fabrication at the Erhama Bin Jaber Al Jalahma Shipyard via joint ventures Qatar Shipyard Technology Solutions (N-KOM) and Qatar Fabrication Company (QFAB); towage and marine support services through Nakilat SvizerWijsmuller (NSW) with owned tug boats, pilot boats and crew boats; shipping agency services via Nakilat Agency Company (NAC) at all Qatari ports and terminals; vessel support including chandlery, logistics, custom formalities, husbandry, bunker coordination and drydocking; and management of one floating storage regasification unit (FSRU), four very large liquefied petroleum gas (LPG) carriers and additional LNG carriers through its wholly-owned subsidiary Nakilat Shipping Qatar Limited (NSQL). Nakilat serves global markets, delivering LNG to over 30 countries with operations focused on Qatar and international shipping routes under long-term time charter agreements primarily with QatarEnergy. In recent developments, Nakilat signed long-term charter party agreements with QatarEnergy in March 2024 for 25 conventional LNG vessels of 174,000 cubic meters capacity each, fully owned and operated by Nakilat as part of QatarEnergy's LNG fleet expansion; secured financing from Korea Export-Import Bank (KEXIM) in August 2025 for 25 LNG vessels under construction in South Korea; initiated steel cutting in September 2025 for 17 LNG carriers at Hyundai Heavy Industries; and advanced a broader fleet expansion program ordering 36 additional LNG carriers including QC-MAX models and four LPG/ammonia carriers for delivery from 2026, aiming to grow its total fleet to 112 vessels while reporting a 3.7% rise in net profit for the first half of 2025.