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Al Meera Consumer Goods Company Q.P.S.C.

MERS.QA
39
Department Stores · Consumer Cyclical
Price
12.95 QAR
+0.00 (+0.00%)
Market Cap
2.67B QAR
Exchange
Qatar Stock Exchange
Winston Score
39
Winston is serious
Below-average fundamentals — multiple weak pillars.
Data as of Aug 30, 2026 · filings through Jun 30, 2026
How the score breaks down
Quality
Weak
Growth
Weak
Cash Flow
Strong
Stability
Good
Valuation
Good
Dividends
Mixed

Winston Score History

The full picture

Al Meera Consumer Goods Company Q.P.S.C., through its various subsidiaries, is actively engaged in the wholesale and retail distribution of a wide array of consumer products throughout Qatar and the Sultanate of Oman. Its business operations are structured into three main divisions: Retail, Investment, and Leasing. The company's Retail segment encompasses the sale of a diverse selection of items, including foodstuffs, household goods, clothing, office supplies, computer accessories, books, and children's toys, all offered through its network of owned and managed consumer outlets. Its Investment activities involve managing financial assets like equity and funds, while the Leasing division generates income by renting commercial spaces within various shopping centers. Al Meera is also responsible for developing and operating different retail formats, from large shopping centers and hypermarkets to smaller supermarkets and local convenience stores. Additionally, it provides warehousing and delivery truck services to support its supply chain and manufactures and distributes its own bakery products. By June 29, 2022, the company managed a substantial retail presence, with 61 stores located across Qatar and 6 stores in Oman. Al Meera Consumer Goods Company Q.P.S.C. was founded in 2005 and its corporate headquarters are situated in Doha, Qatar.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+2.9% YoY

YoY Growth Rate

Slow revenue growth

EPS Growth

+0.0% YoY

YoY Growth Rate

Slow EPS growth

R&D Spend

0 QAR/ year

0.0% of revenue

Below sector average (4%)

Research and development spending

Cash Runway

~7 years

695M QAR cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

695M QAR cash & investments at current burn rate

Growth context

Al Meera Consumer Goods Company Q.P.S.C. is growing revenue at 3% year-over-year. The Winston Score measures business quality today — these growth metrics show what could matter tomorrow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Share count broadly stable

+0.0% over 4y

The share count has stayed roughly flat over this period — little dilution or buyback activity.

Diluted shares outstanding: 206.0M (2021) → 206.0M (2025)

Score breakdown

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Quality

Profit per sale
Gross Margin
16.3%
Thin — 16.3% gross margin
Profit after running costs
Operating Margin
1.6%
Thin — 1.6% operating margin
Return on the money invested
ROCE
2.6%
Weak — 2.6% return on capital

ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.

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Growth

Sales growth
Sales YoY
+5.4%
Slow sales growth (+5.4% YoY)
Profit growth
EPS YoY
-27.1%
Earnings shrinking (-27.1% YoY)

Earnings per share down more than 10%. Either a bad year, or a real decline.

How steady the profit is
EPS Consistency
2/8 quarters
Earnings rarely grow — volatile business

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Cash Flow

Profit that turns into cash
Cash Conversion
157%
Turns 157% of profit into real cash
Spare cash per sale
FCF Margin
5.4%
Thin free cash flow (5.4%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

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Stability

What it owes vs what it owns
Debt / Equity
0.43
Conservative — low debt load (0.43)
Covers its interest
Interest Cover
1.30x
Dangerous — barely covers interest (1.3x)

Interest coverage between 1 and 3. Profits cover interest, but with little room to spare.

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Valuation

Price vs profit
P/E Ratio (TTM)
20.9x
Growth-priced — P/E 20.9

P/E above the market average. People are paying up for expected growth.

Cheaper or dearer next year
P/E vs Forward
+5.9
GROWING
Earnings expected to grow meaningfully — cheaper on forward P/E (20.9 → 15.0)

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Dividends

Dividend
Dividend Yield
3.09%
Moderate income — 3.09% yield

Standard yield zone for stable dividend payers. A meaningful piece of total return.

Dividend record
Dividend Growth
-95.8%
Dividend cut (-95.8% YoY) — warning sign

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