1. Qatar Stocks

  2. •

    Finance

  3. •

    Real estate development
Barwa Real Estate Co.

Barwa Real Estate Co.

QQSE:BRES
2.00
QAR
+0.00
(-0.20%)
9.18BMarket Cap
Barwa Real Estate Co.
QSE:BRES
(Qatar Stock Exchange)

Recent

price

2.00

P/E

ratio

- -

div

yld

6.60%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
QAR
0.23
0.53
1.03
0.47
1.18
1.16
0.45
0.46
0.52
0.4
0.44
0.89
0.66
0.46
0.49
0.48
- -
Revenue per Share
0.4
0.32
0.29
0.35
0.71
0.79
0.41
0.44
0.49
0.39
0.31
0.29
0.29
0.32
0.32
0.32
- -
Basic EPS, GAAP
-0.66
-0.26
0.83
-0.28
1.32
0.92
- -
0.56
0.13
0.03
0.15
0.29
0.05
0.25
0.96
0.19
- -
Free Cash Flow per Basic Share
0.15
0.1
0.1
0.08
0.11
0.22
0.22
0.25
0.25
0.25
0.2
0.13
0.17
0.14
0.15
0.13
0.13
Dividend per Share
2.89
3.1
3.28
3.55
4.05
4.52
4.69
4.86
4.97
5.1
5.22
5.36
5.47
5.6
5.73
5.87
5.8
Book Value per Share
2.78
3.07
3.25
3.52
4.02
4.48
4.65
4.81
4.5
5.07
5.19
5.33
5.44
5.57
5.7
5.84
5.77
Tangible Book Value per Share
3,478
3,891
3,891
3,891
3,891
3,891
3,891
3,891
3,891
3,891
3,891
3,891
3,891
3,891
3,891
3,891
3,891
Basic Weighted Avg Shares
817
2,080
4,013
1,822
4,594
4,496
1,737
1,802
2,010
1,559
1,708
3,454
2,586
1,804
1,914
1,858
- -
Sales/Revenue/Turnover
315.85
54.81
13.87
41.43
78.12
78.23
49.34
50.44
60.65
46.22
49.16
36.92
48.13
66.78
72.21
58.23
- -
Operating Margin (%)
92
99
82
94
95
73
66
51
57
96
100
77
40
37
38
34
- -
Depreciation Expense
1,406
1,252
1,137
1,375
2,778
3,056
1,605
1,705
1,915
1,503
1,214
1,114
1,138
1,229
1,236
1,243
- -
Net Income, GAAP
- -
- -
0.46
0.43
0.16
0.16
0.43
0.12
0.24
0.97
2.19
1.31
0.91
0.8
0.88
2.48
- -
Effective Tax Rate (%)
171.99
60.2
28.34
75.46
60.46
67.98
92.44
94.63
95.28
96.38
71.09
32.24
44.01
68.13
64.57
66.9
- -
Profit Margin (%)
37,962
36,420
24,483
23,070
9,394
5,548
11,100
9,006
6,279
1,166
-353
-563
-128
2,822
1,047
1,655
1,416
Working Capital
24,179
- -
26,661
25,377
7,186
1,105
8,165
7,924
7,415
8,600
8,231
12,098
15,255
12,588
11,072
11,859
11,945
LT Debt
13,101
12,531
13,274
14,316
15,919
17,718
18,360
19,141
19,550
20,061
20,513
21,043
21,463
21,982
22,485
23,029
22,726
Total Equity
- -
- -
2.34
5.7
9.89
12.82
6.55
6.76
7.43
6.46
2.32
3.34
2.58
4.37
2.96
2.99
- -
Return on Invested Capital (%)
- -
- -
7.39
5.75
9.92
13.03
6.74
7.02
7.93
6.3
4.98
4.15
4.2
5.39
5.61
5.17
- -
Return on Capital (%)
16.44
10.76
9.16
10.35
18.79
18.34
8.97
9.18
10.01
7.67
6.04
5.41
5.4
5.7
5.6
5.51
- -
Return on Common Equity (%)

Capital Structure

QAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,351
- -
1,262
LT Borrowings
11,659
12,976
11,741
LT Finance Leases
200
210
204
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,891
3,891
3,891
Market Capitalization
10,180
9,028
9,183

Working Capital

QAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,007
4,340
3,863
Cash, Cash Equivalents & STI
2,503
2,166
2,162
Accounts Receivable, Net
183
1,085
434
Inventories
667
690
688
Total Current Liabilities
2,351
1,141
2,447
Payables & Accruals
- -
- -
- -
ST Debt
1,351
- -
1,262
Deferred Revenue
- -
- -
- -

Growth Rates

QAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.66%
2.34%
2.42%
Free Cash Flow
3,134.64%
131.62%
-79.93%
Net Income, GAAP
-6.66%
0.61%
0.57%
Sales/Revenue/Turnover
-0.89%
10%
-2.94%
Total Cash Common Dividend
-3.31%
-5.23%
-11.94%

Quarterly Revenue

QAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
498
492
380
547
1,914
2025
440
470
- -
490
1,858
2026
552
494
- -
- -
- -

Quarterly Earnings Per Share

QAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
0.08
0.06
0.12
0.32
2025
0.06
0.08
- -
0.12
0.32
2026
0.06
0.06
- -
- -
- -

Quarterly Dividends Per Share

QAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.1
- -
- -
0.05
0.15
2025
0.13
- -
- -
- -
0.13
2026
0.13
- -
- -
- -
- -
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Business
Barwa Real Estate Company Q.P.S.C. (BRES.QA) operates as Qatar's largest listed real estate developer, engaging in the acquisition, reclamation, development, leasing, management, and resale of land and properties for residential, commercial, retail, office, mixed-use, hotel, industrial, agricultural, and logistical purposes; its portfolio includes key projects such as Barwa City, Barwa Commercial Avenue, Barwa Village, Barwa Al-Sadd, Masaken Barwa, Barwa Al-Doha, Barwa Al-Khor, Barwa Al-Baraha Motor City, Dara (A) in Lusail, Madinatna, Barahat Al Janoub, and warehouses in Umm Shahrain, alongside international developments like Barwa New Cairo and Jeddah Vegetable Market. The company segments its activities into Qatar real estate investments, international real estate, business services via subsidiaries like Waseef for asset management and Qatar Project Management, infrastructure services, and financial services through affiliates including Barwa Bank; it targets diverse customers ranging from residents and tenants to businesses and government entities, with primary operations in Qatar, Saudi Arabia, Egypt, and select international markets. Founded in 2005 and headquartered in Al-Sadd Towers, Doha, Qatar, Barwa maintains total assets exceeding QR29 billion and employs approximately 50% Qatari nationals, with 45% ownership by Qatari Diar under the Qatar Investment Authority. Recent developments include a October 2025 strategic partnership with Ooredoo to advance digital transformation in real estate management via integrated telecom solutions, an August 2025 sponsorship of Al-Wakrah Sports Club, land sales in Al Wakrah and Lusail areas in October 2025 and 2024, appointment of Ahmed Al Tayeb as CEO in March 2024, a March 2024 Ordinary General Assembly approval for cash dividends, and a May 2023 QR3 billion financing agreement with Qatar Islamic Bank.