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IHGS.QA QSE (Qatar) Investment Banking & Brokerage Services

INMA Holding Company QPSC

$2,81
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QAR
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Mcap
159,0M QAR
P/E
48,8x
EV / Rev
8,2x
Div yield
1,60 %
Op margin
36,0 %
ROE
3,4 %
Net margin
43,8 %
Debt / equity
0,18
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

INMA Holding Company QPSC operates in the investment banking and brokerage services sector, providing financial services to clients in the Middle East and North Africa.

Business. INMA Holding Company QPSC (IHGS.QA) is a financial services firm operating in the investment banking and brokerage services industry. The company is headquartered in Qatar and is primarily listed on the Qatar Stock Exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

Classification92 %
SectorFinancials
Business sectorBanking & Investment Services
IndustryInvestment Banking & Brokerage Services
ActivityBanking & Investment Services
Generated · model-assisted
Sell-side consensus
BUY1 analysts
1 buy0 hold0 sell
Avg 12m price target3,75

Analyst recommendations

1 analysts · consensus Buy
Buy1
Hold0
Sell0
12-month price target
3,75
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
48,8x
P/E
Analysts
Buy
1 analysts · indicative
Ownership
not yet wired
Profitability
3,4 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning IHGS.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials · THIS SECTOR−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to IHGS.QA. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    INMA Holding Company QPSC (IHGS.QA) is a financial services firm operating in the investment banking and brokerage services industry. The company is headquartered in Qatar and is primarily listed on the Qatar Stock Exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

    Classification92 %
    SectorFinancials
    Business sectorBanking & Investment Services
    IndustryInvestment Banking & Brokerage Services
    ActivityBanking & Investment Services
    AI synthesis
    GENERATED

    INMA Holding Company QPSC maintains a price-to-book ratio of 0.95 and a price-to-tangible-book ratio of 0.95, indicating that the market values the company at a slight discount to its book value. The company's liquidity position is characterized as medium, with a current ratio of 1.45, suggesting it has sufficient short-term assets to cover its short-term liabilities. However, the company's net cash position is negative after subtracting total debt, which may pose a liquidity risk.

    The company's profitability is reflected in a return on equity (ROE) of 3.36% and a return on assets (ROA) of 1.73%, which are below the industry median for investment banking and brokerage services. The debt-to-equity ratio of 0.18 indicates a relatively conservative capital structure, with a low proportion of debt relative to equity.

    INMA Holding Company QPSC's revenue is concentrated in a single economic region, with no disclosed segment or geographic diversification in the financial data. This lack of diversification may expose the company to regional economic risks.

    The company's growth trajectory is modest, with no significant revenue growth reported in the latest financial data. The company's free cash flow of 5.85 million QAR suggests it has the capacity to fund operations and potentially return value to shareholders, but the capital expenditure of -57,200 QAR indicates minimal investment in long-term assets.

    The risk assessment highlights a medium liquidity risk and a low dilution risk. The company's dilution potential is low, with no significant changes in shares outstanding between basic and diluted shares. The risk assessment does not indicate any major adjustments to the valuation metrics, suggesting the financial data is relatively clean.

    Recent events and filings do not show any material changes in the company's operations or financial position. The company's price target from analysts is uniformly set at 3.75 QAR, with a mean recommendation of 2.00, indicating a neutral stance from the analyst community.

    Key takeaways
    • The company's price-to-book ratio of 0.95 suggests it is trading at a slight discount to its book value.
    • A return on equity of 3.36% and a return on assets of 1.73% indicate modest profitability.
    • The company's liquidity position is medium, with a current ratio of 1.45.
    • The company's revenue is not diversified across segments or geographies, increasing regional risk exposure.
    • Analysts have a neutral stance on the stock, with a mean price target of 3.75 QAR.

    Bull / Bear case

    Generated · model-assisted
    BULL CASE · 4

    Net income surged 23.4% year-over-year to QAR 12.7 million, demonstrating strong profitability growth despite revenue headwinds.

    The stock trades at 0.95x price-to-book, offering a discount to tangible book value for investors seeking value exposure.

    Analysts project 33.5% upside to a target price of QAR 3.75, signaling positive sentiment on future performance.

    Debt-to-equity ratio of 0.18 is well below the 0.30 cohort median, indicating a conservative and stable capital structure.

    BEAR CASE · 3

    Return on equity of 3.36% lags the 4.0% cohort median, suggesting inefficient use of shareholder capital compared to peers.

    The company faces high credit risk, which could lead to increased provisions and potential losses on its asset portfolio.

    Medium liquidity risk suggests potential difficulties in trading the stock without significantly impacting its market price.

    In focus — financials by report

    Annual
    ANNUALFiled 2026-02-16
    FY 2026 · Full-year highlights

    Revenue QAR 22.4M, −23,7% YoY; Operating income −84,3% YoY.

    RevenueQAR 22.4M−23,7 % YoY
    Operating incomeQAR 1.9M−84,3 % YoY
    Net incomeQAR 3.2M−75,0 % YoY
    Free cash flowQAR 126.3k−98,8 % YoY
    EPS
    Operating cash flowQAR 6.9M−79,0 % YoY
    Financials
    Income statement
    RevenueQAR 22.4M
    Gross profitQAR 20.6M
    Operating incomeQAR 1.9M
    Net incomeQAR 3.2M
    Margins
    Gross margin92.0%
    Operating margin8.4%
    Net margin14.2%
    FCF margin0.6%
    Balance sheet
    Total assetsQAR 291.0M
    Total liabilitiesQAR 122.9M
    Total equityQAR 168.1M
    Cash & equivalentsQAR 26.9M
    Long-term debtQAR 43.8M
    Cash flow
    Operating cash flowQAR 6.9M
    CapEx-QAR 333.6k
    Free cash flowQAR 126.3k
    SBC
    P&L flow · revenue → net income
    Revenue QAR 12.5MOperating costs QAR 8.0MFinance QAR 494.7kNet income QAR 5.5M
    Highlights
    • Revenue QAR 22.4M, −23,7% YoY
    • Operating income −84,3% YoY
    • Net income −75,0% YoY
    • Free cash flow −98,8% YoY
    • Net margin 14.2%

    Valuation FY

    Market price
    $2,81
    Market cap
    $155.1M
    Enterprise value
    $184.0M
    P/E
    48.8x
    Non-GAAP P/E
    EV / Revenue
    8.2x
    EV / Op income
    97.6x
    EV / OCF
    47.9x
    P / B
    0.9x
    P / Tangible book
    0.9x
    Tangible book
    $163.1M
    Net cash
    -$28.9M
    Current ratio
    1.4
    Debt / equity
    0.2
    ROA
    1.7%
    ROE
    3.4%
    Cash conversion
    70.0%
    CapEx / revenue
    -0.5%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    0,18
    Predicted surprise
    +0,00
    Beat probability
    45 %
    Analysts
    1
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    as of 2026-05-12 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPSno estimateno estimate0,18
    Revenueno estimateno estimate30,0M QAR
    Operating incomeno estimateno estimate5,0M QAR
    Full-year consensus mean (period as reported by source) · consensus in QAR. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution1 analysts
    Strong buy0
    Buy1
    Hold0
    Sell0
    Strong sell0
    12-month price target$3,75 · Median $3,75
    Low $3,75High $3,75
    Operating income · consensus5,0M QAR
    EPS surprise
    −68,9 %
    reported vs consensus · miss
    Revenue surprise
    −55,8 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low$3,75
    Mean$3,75
    Median$3,75
    High$3,75
    Spot$2,81
    +33.5 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin36,0 %Above median
    Net Margin43,8 %Above P75
    ROE3,4 %Below median
    Capex / Rev-0,5 %Above median
    D/E0,18Above median
    Cash Conv0,70Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Ev To Operating Cash Flow
      enterprise_value / operating_cash_flow
    • Return On Equity
      net_income / total_equity
    • Price To Earnings
      market_price / (net_income / shares_outstanding_diluted)
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    Source documents
    • INMA Holding Company QPSC Market data — financials · 2026-05-28
    • INMA Holding Company QPSC Market data — analyst estimates · 2026-05-28

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    IHGS.QACanonical
    QSE (Qatar) · QAR

    Intel & risk

    PredictorBeat prob45 %Surprise+0,00Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-02-16 23:53 UTCEARNINGSAnnual results — FY 2026 Revenue QAR 22.4M · Net QAR 3.2M
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage