Pakistani Strong Past Earnings Growth, P/E Ratio Below 20

Fatima Fertilizer

Market Cap: PK₨296.0b

Engages in buying, manufacturing, producing, importing, exporting, and selling of fertilizers and chemicals in Pakistan.

Bestway Cement

Market Cap: PK₨268.7b

Engages in the production and sale of cement in Pakistan.

Atlas Honda

Market Cap: PK₨199.2b

Engages in the manufacture and marketing of motorcycles, spare parts, and engine oil in Pakistan.

Systems

Market Cap: PK₨173.4b

Engages in the software development and trading, hardware, and business process outsourcing (BPO) service businesses in Pakistan, North America, the Middle East, Africa, Europe, the Asia Pacific, and internationally.

Indus Motor

Market Cap: PK₨147.8b

Engages in the manufacture and marketing of Toyota brand vehicles primarily in Pakistan.

Sazgar Engineering Works

Market Cap: PK₨128.9b

Manufactures and sells automobiles, automotive parts, and household electric appliances in Pakistan.

Fauji Cement

Market Cap: PK₨107.5b

Engages in the manufacturing and selling of various types of cement in Pakistan.

Haleon Pakistan

Market Cap: PK₨90.9b

Engages in the manufacture, marketing, and sale of consumer healthcare products in Pakistan, rest of Asia, Africa, Australia, North America, the Middle East, and Europe.

Abbott Laboratories (Pakistan)

Market Cap: PK₨89.4b

Manufactures, imports, and markets generic pharmaceutical, nutritional, diagnostic, diabetes care, molecular devices, hospital, and consumer products in Pakistan, Afghanistan, Sri Lanka, Bangladesh, and Switzerland.

Kohinoor Textile Mills

Market Cap: PK₨65.9b

Engages in the manufacture and sale of yarns and clothes in Pakistan.

Arif Habib

Market Cap: PK₨57.0b

Engages in the securities brokerage business in Pakistan.

Highnoon Laboratories

Market Cap: PK₨44.5b

Manufactures, imports, sells, exports, and markets pharmaceutical and allied consumer products.

Javedan

Market Cap: PK₨39.2b

Engages in the development of real estate in Pakistan.

Attock Cement Pakistan

Market Cap: PK₨36.9b

Engages in the manufacture and sale of cement in Pakistan.

International Steels

Market Cap: PK₨33.0b

Engages in the manufacture and sale of flat steel products in Pakistan.

Pakistan Aluminium Beverage Cans

Market Cap: PK₨32.2b

Engages in the manufacture and sale of aluminum beverage cans in Pakistan, Afghanistan, Bangladesh, Uzbekistan, and internationally.

Shifa International Hospitals

Market Cap: PK₨29.8b

Shifa International Hospitals Limited, together with its subsidiaries, establishes and operates medical centers and hospitals in Pakistan.

EFU General Insurance

Market Cap: PK₨25.2b

Provides non-life insurance products and services in Pakistan.

Thatta Cement

Market Cap: PK₨22.3b

Together with its subsidiary, engages in the manufacturing and marketing of clinker and cement in Pakistan.

Gharibwal Cement

Market Cap: PK₨18.5b

Engages in the production and sale of cement under the PAIDAR CEMENT brand name in Pakistan.

Citi Pharma

Market Cap: PK₨17.8b

Engages in the manufacture and sale of pharmaceutical, medical chemical, and botanical products in Pakistan.

Ferozsons Laboratories

Market Cap: PK₨14.5b

Engages in the importing, manufacturing, and sale of pharmaceutical products and medical devices in Pakistan, Afghanistan, Sri Lanka, the Philippines, Kenya, Myanmar, Kyrgyzstan, Mongolia, Cambodia, and internationally.

MCB investment management

Market Cap: PK₨14.5b

A publicly owned investment manager.

Macter International

Market Cap: PK₨12.9b

A contract manufacturer, manufactures and markets pharmaceutical products and formulations for healthcare companies in Pakistan.

Barkat Frisian Agro

Market Cap: PK₨10.4b

Produces and sells pasteurized egg products in Pakistan and internationally.

SPEL

Market Cap: PK₨7.5b

Engages in the manufacture and sale of plastic packaging and plastic parts for the food and FMCG, and automotive industries in Pakistan, Hungary, Turkey, Belgium, France, Italy, the United Kingdom, the United States, Taiwan, and China.

Azgard Nine

Market Cap: PK₨4.4b

Manufactures and sells yarn, denim, and related products in Pakistan.

IGI Life Insurance

Market Cap: PK₨3.7b

Provides life insurance products.

JS Global Capital

Market Cap: PK₨3.4b

Operates as a brokerage and investment banking company in Pakistan.

Symmetry Group

Market Cap: PK₨2.9b

Provides digital strategy, consulting, transformation, digital commerce, data science, mobility, retail/research and interactive marketing, and assistance services in Pakistan.

Askari General Insurance

Market Cap: PK₨2.4b

Engages in non-life insurance business in Pakistan.

EcoPack

Market Cap: PK₨2.0b

Engages in the manufacture and sale of polyethylene terephthalate (PET) bottles and preforms for the beverages and other liquid packaging industries in Pakistan.

Towellers

Market Cap: PK₨2.0b

Engages in the manufacture and export of textile made ups, garments, and towels in Pakistan, Europe, the United States, Asia, Australia, and Africa.

Reliance Insurance

Market Cap: PK₨1.6b

Engages in the general insurance business in Pakistan.

Kohat Textile Mills

Market Cap: PK₨1.0b

Engages in the manufacture and sale of cotton and fiber yarn in Pakistan.

Safe Mix Concrete

Market Cap: PK₨964.5m

Produces and supplies ready mixed concrete for construction companies in Pakistan.