View ValuationGharibwal Cement 将来の成長Future 基準チェック /06現在、 Gharibwal Cementの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Basic Materials 収益成長15.6%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesValuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to PK₨52.25, the stock trades at a trailing P/E ratio of 7.7x. Average forward P/E is 7x in the Basic Materials industry in Pakistan. Total returns to shareholders of 240% over the past three years.Buy Or Sell Opportunity • May 07Now 25% overvaluedOver the last 90 days, the stock has fallen 12% to PK₨52.25. The fair value is estimated to be PK₨41.69, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has grown by 32%.Declared Dividend • Apr 30Dividend of PK₨0.50 announcedShareholders will receive a dividend of PK₨0.50. Ex-date: 7th May 2026 Payment date: 3rd June 2026 Dividend yield will be 2.2%, which is lower than the industry average of 5.1%. Sustainability & Growth Dividend is well covered by both earnings (15% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 7.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Apr 30Third quarter 2026 earnings released: EPS: PK₨1.32 (vs PK₨1.17 in 3Q 2025)Third quarter 2026 results: EPS: PK₨1.32 (up from PK₨1.17 in 3Q 2025). Revenue: PK₨5.45b (up 11% from 3Q 2025). Net income: PK₨527.9m (up 13% from 3Q 2025). Profit margin: 9.7% (in line with 3Q 2025). Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Basic Materials industry in Pakistan. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 36% per year.お知らせ • Apr 17Gharibwal Cement Limited to Report Q3, 2026 Results on Apr 27, 2026Gharibwal Cement Limited announced that they will report Q3, 2026 results on Apr 27, 2026Valuation Update With 7 Day Price Move • Apr 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨45.32, the stock trades at a trailing P/E ratio of 6.9x. Average forward P/E is 6x in the Basic Materials industry in Pakistan. Total returns to shareholders of 176% over the past three years.New Risk • Apr 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Market cap is less than US$100m (PK₨17.4b market cap, or US$62.3m).Valuation Update With 7 Day Price Move • Mar 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to PK₨46.32, the stock trades at a trailing P/E ratio of 7x. Average forward P/E is 7x in the Basic Materials industry in Pakistan. Total returns to shareholders of 187% over the past three years.Reported Earnings • Feb 28Second quarter 2026 earnings released: EPS: PK₨2.37 (vs PK₨0.63 in 2Q 2025)Second quarter 2026 results: EPS: PK₨2.37 (up from PK₨0.63 in 2Q 2025). Revenue: PK₨6.15b (up 11% from 2Q 2025). Net income: PK₨946.8m (up 274% from 2Q 2025). Profit margin: 15% (up from 4.6% in 2Q 2025). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Basic Materials industry in Pakistan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Feb 23New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.0% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (PK₨21.3b market cap, or US$76.2m).お知らせ • Feb 21Gharibwal Cement Limited Announces Directors and Board Changes, Effective from February 20, 2026Gharibwal Cement Limited informed that Mr. Mian Nazir Ahmed Peracha has resigned as Non-Executive Director of Gharibwal Cement Limited with effect from February 20, 2026. To fill the resulting casual vacancy, Mr. Abdur Rafique Khan has been appointed as Non-Executive Director of the Company with effect from the same date. Furthermore, Mr. Abdur Rafique Khan has been appointed as Chairman of the Board of the Company with effect from February 20, 2026 following the resignation of the incumbent Chairman on the same date.お知らせ • Feb 20Gharibwal Cement Limited to Report First Half, 2026 Results on Feb 26, 2026Gharibwal Cement Limited announced that they will report first half, 2026 results on Feb 26, 2026Board Change • Feb 05Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Shafqaat Ahmed was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Nov 14Investor sentiment improves as stock rises 19%After last week's 19% share price gain to PK₨64.72, the stock trades at a trailing P/E ratio of 13.3x. Average forward P/E is 8x in the Basic Materials industry in Pakistan. Total returns to shareholders of 254% over the past three years.Reported Earnings • Oct 29First quarter 2026 earnings released: EPS: PK₨0.69 (vs PK₨1.34 in 1Q 2025)First quarter 2026 results: EPS: PK₨0.69 (down from PK₨1.34 in 1Q 2025). Revenue: PK₨4.92b (up 14% from 1Q 2025). Net income: PK₨277.6m (down 48% from 1Q 2025). Profit margin: 5.6% (down from 12% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Oct 24Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to PK₨58.40, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 11x in the Basic Materials industry in Pakistan. Total returns to shareholders of 231% over the past three years.New Risk • Oct 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.お知らせ • Sep 25Gharibwal Cement Limited, Annual General Meeting, Oct 24, 2025Gharibwal Cement Limited, Annual General Meeting, Oct 24, 2025.Reported Earnings • Sep 25Full year 2025 earnings released: EPS: PK₨5.51 (vs PK₨4.35 in FY 2024)Full year 2025 results: EPS: PK₨5.51 (up from PK₨4.35 in FY 2024). Revenue: PK₨19.6b (up 8.0% from FY 2024). Net income: PK₨2.20b (up 27% from FY 2024). Profit margin: 11% (up from 9.6% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Jun 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.5% average weekly change). Market cap is less than US$100m (PK₨20.1b market cap, or US$71.2m).Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 21%After last week's 21% share price gain to PK₨41.94, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 9x in the Basic Materials industry in Pakistan. Total returns to shareholders of 110% over the past three years.Reported Earnings • May 01Third quarter 2025 earnings released: EPS: PK₨1.17 (vs PK₨1.39 in 3Q 2024)Third quarter 2025 results: EPS: PK₨1.17 (down from PK₨1.39 in 3Q 2024). Revenue: PK₨4.92b (up 16% from 3Q 2024). Net income: PK₨469.1m (down 16% from 3Q 2024). Profit margin: 9.5% (down from 13% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 22Hassan Mehdi Resigns as Head of Internal Audit of Gharibwal Cement LimitedGharibwal Cement Limited has announced the resignation of its Head of Internal Audit, Mr. Hassan Mehdi, who has stepped down from his position, ceasing all associations with the company. The company has indicated that a new Head of Internal Audit will be appointed in the future. This individual will serve as a liaison between the CA Firm and the company's Board of Directors, facilitating communication and coordination of audit activities.Reported Earnings • Mar 01Second quarter 2025 earnings released: EPS: PK₨630 (vs PK₨0.69 in 2Q 2024)Second quarter 2025 results: EPS: PK₨630. Revenue: PK₨5.54b (up 14% from 2Q 2024). Net income: PK₨253.4m (down 8.7% from 2Q 2024). Profit margin: 4.6% (down from 5.7% in 2Q 2024). The decrease in margin was driven by higher expenses.お知らせ • Dec 19Gharibwal Cement Limited Announces Directorate ChangesGharibwal Cement Limited has announced a change in its board of directors, appointing Mr. Mian Nazir Ahmed Peracha as a new director, effective December 4, 2024. This appointment follows the resignation of Ms. Habiba Tousif Paracha, who previously held the position.Valuation Update With 7 Day Price Move • Dec 12Investor sentiment improves as stock rises 20%After last week's 20% share price gain to PK₨50.78, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 10x in the Basic Materials industry in Pakistan. Total returns to shareholders of 112% over the past three years.New Risk • Dec 03New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Pakistani stocks, typically moving 9.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.9% average weekly change). Minor Risk Market cap is less than US$100m (PK₨16.3b market cap, or US$58.8m).Reported Earnings • Oct 30First quarter 2025 earnings released: EPS: PK₨1.34 (vs PK₨1.02 in 1Q 2024)First quarter 2025 results: EPS: PK₨1.34 (up from PK₨1.02 in 1Q 2024). Revenue: PK₨4.32b (flat on 1Q 2024). Net income: PK₨535.1m (up 31% from 1Q 2024). Profit margin: 12% (up from 9.4% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improves as stock rises 19%After last week's 19% share price gain to PK₨30.79, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 8x in the Basic Materials industry in Pakistan. Total returns to shareholders of 21% over the past three years.Reported Earnings • Oct 01Full year 2024 earnings released: EPS: PK₨4.35 (vs PK₨3.08 in FY 2023)Full year 2024 results: EPS: PK₨4.35 (up from PK₨3.08 in FY 2023). Revenue: PK₨18.2b (flat on FY 2023). Net income: PK₨1.74b (up 41% from FY 2023). Profit margin: 9.6% (up from 6.7% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.お知らせ • Sep 28Gharibwal Cement Limited, Annual General Meeting, Oct 24, 2024Gharibwal Cement Limited, Annual General Meeting, Oct 24, 2024.Valuation Update With 7 Day Price Move • Jun 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨34.80, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 8x in the Basic Materials industry in Pakistan. Total loss to shareholders of 8.4% over the past three years.Valuation Update With 7 Day Price Move • May 13Investor sentiment improves as stock rises 20%After last week's 20% share price gain to PK₨29.13, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 8x in the Basic Materials industry in Pakistan. Total loss to shareholders of 21% over the past three years.Reported Earnings • May 02Third quarter 2024 earnings released: EPS: PK₨1.39 (vs PK₨1.37 in 3Q 2023)Third quarter 2024 results: EPS: PK₨1.39 (up from PK₨1.37 in 3Q 2023). Revenue: PK₨4.23b (down 8.8% from 3Q 2023). Net income: PK₨558.0m (up 1.4% from 3Q 2023). Profit margin: 13% (up from 12% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.New Risk • Mar 03New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.4% Last year net profit margin: 6.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (4.4% net profit margin). Market cap is less than US$100m (PK₨9.40b market cap, or US$33.7m).Valuation Update With 7 Day Price Move • Dec 27Investor sentiment improves as stock rises 22%After last week's 22% share price gain to PK₨28.38, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 7x in the Basic Materials industry in Pakistan. Total loss to shareholders of 17% over the past three years.New Risk • Nov 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (PK₨9.79b market cap, or US$34.3m).Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improves as stock rises 19%After last week's 19% share price gain to PK₨24.47, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 7x in the Basic Materials industry in Pakistan. Total loss to shareholders of 8.6% over the past three years.Valuation Update With 7 Day Price Move • Nov 15Investor sentiment improves as stock rises 20%After last week's 20% share price gain to PK₨20.84, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 7x in the Basic Materials industry in Pakistan. Total loss to shareholders of 21% over the past three years.Reported Earnings • Oct 12Full year 2023 earnings released: EPS: PK₨3.08 (vs PK₨3.38 in FY 2022)Full year 2023 results: EPS: PK₨3.08 (down from PK₨3.38 in FY 2022). Revenue: PK₨18.3b (up 13% from FY 2022). Net income: PK₨1.23b (down 9.0% from FY 2022). Profit margin: 6.7% (down from 8.4% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Reported Earnings • May 04Third quarter 2023 earnings released: EPS: PK₨1.37 (vs PK₨1.12 in 3Q 2022)Third quarter 2023 results: EPS: PK₨1.37 (up from PK₨1.12 in 3Q 2022). Revenue: PK₨4.64b (up 16% from 3Q 2022). Net income: PK₨550.1m (up 23% from 3Q 2022). Profit margin: 12% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Reported Earnings • Mar 03Second quarter 2023 earnings released: EPS: PK₨1.73 (vs PK₨2.15 in 2Q 2022)Second quarter 2023 results: EPS: PK₨1.73 (down from PK₨2.15 in 2Q 2022). Revenue: PK₨5.58b (up 31% from 2Q 2022). Net income: PK₨692.2m (down 20% from 2Q 2022). Profit margin: 12% (down from 20% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Chairman Khalid Tirmizey was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Oct 11Upcoming dividend of PK₨1.00 per shareEligible shareholders must have bought the stock before 18 October 2022. Payment date: 17 November 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 4.9%. Lower than top quartile of Pakistani dividend payers (12%). Lower than average of industry peers (7.5%).Reported Earnings • Oct 06Full year 2022 earnings released: EPS: PK₨3.38 (vs PK₨3.88 in FY 2021)Full year 2022 results: EPS: PK₨3.38 (down from PK₨3.88 in FY 2021). Revenue: PK₨16.2b (up 34% from FY 2021). Net income: PK₨1.35b (down 13% from FY 2021). Profit margin: 8.4% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improved over the past weekAfter last week's 17% share price gain to PK₨20.40, the stock trades at a trailing P/E ratio of 4x. Average trailing P/E is 6x in the Basic Materials industry in Pakistan. Total returns to shareholders of 166% over the past three years.Reported Earnings • May 07Third quarter 2022 earnings released: EPS: PK₨1.12 (vs PK₨1.20 in 3Q 2021)Third quarter 2022 results: EPS: PK₨1.12 (down from PK₨1.20 in 3Q 2021). Revenue: PK₨4.00b (up 28% from 3Q 2021). Net income: PK₨446.9m (down 6.8% from 3Q 2021). Profit margin: 11% (down from 15% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Chairman Khalid Tirmizey was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Mar 17Investor sentiment improved over the past weekAfter last week's 17% share price gain to PK₨27.53, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 7x in the Basic Materials industry in Pakistan. Total returns to shareholders of 116% over the past three years.Reported Earnings • Mar 05Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatSecond quarter 2022 results: EPS: PK₨2.15 (up from PK₨1.09 in 2Q 2021). Revenue: PK₨4.27b (up 43% from 2Q 2021). Net income: PK₨860.9m (up 97% from 2Q 2021). Profit margin: 20% (up from 15% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.4%. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Nov 23Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to PK₨24.91, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 9x in the Basic Materials industry in Pakistan. Total returns to shareholders of 47% over the past three years.Valuation Update With 7 Day Price Move • Nov 01Investor sentiment improved over the past weekAfter last week's 17% share price gain to PK₨31.20, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 10x in the Basic Materials industry in Pakistan. Total returns to shareholders of 76% over the past three years.Board Change • Oct 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Faisal Ahmad was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 06Full year 2021 earnings released: EPS PK₨3.88 (vs PK₨0.33 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: PK₨12.1b (up 39% from FY 2020). Net income: PK₨1.55b (up PK₨1.42b from FY 2020). Profit margin: 13% (up from 1.5% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.Reported Earnings • Oct 06Full year 2021 earnings released: EPS PK₨3.88 (vs PK₨0.33 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: PK₨12.1b (up 39% from FY 2020). Net income: PK₨1.55b (up PK₨1.42b from FY 2020). Profit margin: 13% (up from 1.5% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.Executive Departure • Oct 06Non Executive Director Ali Khan has left the companyOn the 27th of September, Ali Khan's tenure as Non Executive Director ended. We don't have any record of a personal shareholding under Ali's name. A total of 2 executives have left over the last 12 months.Reported Earnings • May 02Third quarter 2021 earnings released: EPS PK₨1.20 (vs PK₨0.73 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: PK₨3.12b (up 42% from 3Q 2020). Net income: PK₨479.7m (up PK₨774.7m from 3Q 2020). Profit margin: 15% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Mar 11Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to PK₨36.14, the stock is trading at a trailing P/E ratio of 13.5x, down from the previous P/E ratio of 16x. This compares to an average P/E of 26x in the Basic Materials industry in Pakistan. Total returns to shareholders over the past three years are 59%.Executive Departure • Mar 03Technical Advisor to CEO & Board and Non-Executive Director Muhammad Paracha has left the companyOn the 28th of February, Muhammad Paracha, was replaced as CEO by Muhammad Peracha. As of December 2020, Muhammad personally held only 2.33k shares (PK₨87k worth at the time). Muhammad is the only executive to leave the company over the last 12 months.Reported Earnings • Mar 01Second quarter 2021 earnings released: EPS PK₨1.09 (vs PK₨0.03 loss in 2Q 2020)The company reported a solid second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: PK₨2.98b (flat on 2Q 2020). Net income: PK₨436.2m (up PK₨446.0m from 2Q 2020). Profit margin: 15% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Feb 18New 90-day high: PK₨43.73The company is up 62% from its price of PK₨27.02 on 20 November 2020. The Pakistani market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 26% over the same period.Is New 90 Day High Low • Jan 30New 90-day high: PK₨42.80The company is up 41% from its price of PK₨30.41 on 29 October 2020. The Pakistani market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 9.0% over the same period.Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improved over the past weekAfter last week's 16% share price gain to PK₨42.75, the stock is trading at a trailing P/E ratio of 27.2x, up from the previous P/E ratio of 23.4x. This compares to an average P/E of 25x in the Basic Materials industry in Pakistan. Total returns to shareholders over the past three years are 84%.Is New 90 Day High Low • Jan 02New 90-day high: PK₨38.00The company is up 65% from its price of PK₨23.10 on 02 October 2020. The Pakistani market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 12% over the same period.Is New 90 Day High Low • Dec 16New 90-day high: PK₨34.34The company is up 29% from its price of PK₨26.69 on 16 September 2020. The Pakistani market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 3.0% over the same period.Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improved over the past weekAfter last week's 18% share price gain to PK₨34.34, the stock is trading at a trailing P/E ratio of 21.8x, up from the previous P/E ratio of 18.5x. This compares to an average P/E of 22x in the Basic Materials industry in Pakistan. Total returns to shareholders over the past three years are 96%.Reported Earnings • Oct 24First quarter earnings releasedOver the last 12 months the company has reported total profits of PK₨629.9m, up 177% from the prior year. Total revenue was PK₨9.27b over the last 12 months, down 16% from the prior year.Reported Earnings • Oct 07Full year earnings released - EPS PK₨0.33Over the last 12 months the company has reported total profits of PK₨131.3m, down 82% from the prior year. Total revenue was PK₨8.71b over the last 12 months, down 23% from the prior year. Profit margins were 1.5%, which is lower than the 6.4% margin from last year. The decrease in margin was driven by lower revenue. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Gharibwal Cement は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測KASE:GWLC - アナリストの将来予測と過去の財務データ ( )PKR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/202621,3622,6991,6983,268N/A12/31/202520,8302,6411,5183,314N/A9/30/202520,2181,9473,0094,810N/A6/30/202519,6202,2051,2572,969N/A3/31/202519,4781,7561,5642,664N/A12/31/202418,7931,8459102,314N/A9/30/202418,1251,870-1,121498N/A6/30/202418,1651,743-1,179348N/A3/31/202417,726798-3091,801N/A12/31/202318,132790-4081,561N/A9/30/202318,8471,2055332,325N/A6/30/202318,3161,2329073,191N/A3/31/202318,7901,3389542,632N/A12/31/202218,1541,2351,8962,854N/A9/30/202216,8401,4041,5112,197N/A6/30/202216,1941,3558261,089N/A3/31/202214,8432,0671,1351,771N/A12/31/202113,9662,0991,5842,247N/A9/30/202112,6741,6751,4582,092N/A6/30/202112,1071,5511,8272,276N/A3/31/202110,6461,8511,4611,454N/A12/31/20209,5811,0761,1211,145N/A9/30/20209,2696301,2691,313N/A6/30/20208,7141311,0961,153N/A3/31/20209,682-624213432N/A12/31/201910,388-102N/A489N/A9/30/201910,752231N/A911N/A6/30/201911,174736N/A1,327N/A3/31/201911,4681,329N/A1,925N/A12/31/201811,7371,350N/A2,134N/A9/30/201811,4931,478N/A2,188N/A6/30/201811,7051,510N/A2,490N/A3/31/201811,3651,583N/A2,851N/A12/31/201711,1721,924N/A3,071N/A9/30/201711,4262,141N/A3,452N/A6/30/201711,2232,284N/A3,491N/A3/31/201711,4322,798N/A4,245N/A12/31/201611,1452,769N/A3,972N/A9/30/201610,8022,718N/A3,893N/A6/30/201610,5222,681N/A3,354N/A3/31/201610,1202,034N/A3,271N/A12/31/20159,9811,680N/A2,905N/A9/30/20159,7141,445N/A2,526N/A6/30/20159,6011,284N/A2,237N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: GWLCの予測収益成長が 貯蓄率 ( 12.9% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: GWLCの収益がPK市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: GWLCの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: GWLCの収益がPK市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: GWLCの収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: GWLCの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YMaterials 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 17:10終値2026/05/22 00:00収益2026/03/31年間収益2025/06/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Gharibwal Cement Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関null nullAKD Researchnull nullBMA Capital Management Ltd.Rohit KumarTaurus Securities Ltd
Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to PK₨52.25, the stock trades at a trailing P/E ratio of 7.7x. Average forward P/E is 7x in the Basic Materials industry in Pakistan. Total returns to shareholders of 240% over the past three years.
Buy Or Sell Opportunity • May 07Now 25% overvaluedOver the last 90 days, the stock has fallen 12% to PK₨52.25. The fair value is estimated to be PK₨41.69, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has grown by 32%.
Declared Dividend • Apr 30Dividend of PK₨0.50 announcedShareholders will receive a dividend of PK₨0.50. Ex-date: 7th May 2026 Payment date: 3rd June 2026 Dividend yield will be 2.2%, which is lower than the industry average of 5.1%. Sustainability & Growth Dividend is well covered by both earnings (15% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 7.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Apr 30Third quarter 2026 earnings released: EPS: PK₨1.32 (vs PK₨1.17 in 3Q 2025)Third quarter 2026 results: EPS: PK₨1.32 (up from PK₨1.17 in 3Q 2025). Revenue: PK₨5.45b (up 11% from 3Q 2025). Net income: PK₨527.9m (up 13% from 3Q 2025). Profit margin: 9.7% (in line with 3Q 2025). Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Basic Materials industry in Pakistan. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 36% per year.
お知らせ • Apr 17Gharibwal Cement Limited to Report Q3, 2026 Results on Apr 27, 2026Gharibwal Cement Limited announced that they will report Q3, 2026 results on Apr 27, 2026
Valuation Update With 7 Day Price Move • Apr 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨45.32, the stock trades at a trailing P/E ratio of 6.9x. Average forward P/E is 6x in the Basic Materials industry in Pakistan. Total returns to shareholders of 176% over the past three years.
New Risk • Apr 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Market cap is less than US$100m (PK₨17.4b market cap, or US$62.3m).
Valuation Update With 7 Day Price Move • Mar 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to PK₨46.32, the stock trades at a trailing P/E ratio of 7x. Average forward P/E is 7x in the Basic Materials industry in Pakistan. Total returns to shareholders of 187% over the past three years.
Reported Earnings • Feb 28Second quarter 2026 earnings released: EPS: PK₨2.37 (vs PK₨0.63 in 2Q 2025)Second quarter 2026 results: EPS: PK₨2.37 (up from PK₨0.63 in 2Q 2025). Revenue: PK₨6.15b (up 11% from 2Q 2025). Net income: PK₨946.8m (up 274% from 2Q 2025). Profit margin: 15% (up from 4.6% in 2Q 2025). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Basic Materials industry in Pakistan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Feb 23New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.0% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (PK₨21.3b market cap, or US$76.2m).
お知らせ • Feb 21Gharibwal Cement Limited Announces Directors and Board Changes, Effective from February 20, 2026Gharibwal Cement Limited informed that Mr. Mian Nazir Ahmed Peracha has resigned as Non-Executive Director of Gharibwal Cement Limited with effect from February 20, 2026. To fill the resulting casual vacancy, Mr. Abdur Rafique Khan has been appointed as Non-Executive Director of the Company with effect from the same date. Furthermore, Mr. Abdur Rafique Khan has been appointed as Chairman of the Board of the Company with effect from February 20, 2026 following the resignation of the incumbent Chairman on the same date.
お知らせ • Feb 20Gharibwal Cement Limited to Report First Half, 2026 Results on Feb 26, 2026Gharibwal Cement Limited announced that they will report first half, 2026 results on Feb 26, 2026
Board Change • Feb 05Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Shafqaat Ahmed was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Nov 14Investor sentiment improves as stock rises 19%After last week's 19% share price gain to PK₨64.72, the stock trades at a trailing P/E ratio of 13.3x. Average forward P/E is 8x in the Basic Materials industry in Pakistan. Total returns to shareholders of 254% over the past three years.
Reported Earnings • Oct 29First quarter 2026 earnings released: EPS: PK₨0.69 (vs PK₨1.34 in 1Q 2025)First quarter 2026 results: EPS: PK₨0.69 (down from PK₨1.34 in 1Q 2025). Revenue: PK₨4.92b (up 14% from 1Q 2025). Net income: PK₨277.6m (down 48% from 1Q 2025). Profit margin: 5.6% (down from 12% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Oct 24Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to PK₨58.40, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 11x in the Basic Materials industry in Pakistan. Total returns to shareholders of 231% over the past three years.
New Risk • Oct 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
お知らせ • Sep 25Gharibwal Cement Limited, Annual General Meeting, Oct 24, 2025Gharibwal Cement Limited, Annual General Meeting, Oct 24, 2025.
Reported Earnings • Sep 25Full year 2025 earnings released: EPS: PK₨5.51 (vs PK₨4.35 in FY 2024)Full year 2025 results: EPS: PK₨5.51 (up from PK₨4.35 in FY 2024). Revenue: PK₨19.6b (up 8.0% from FY 2024). Net income: PK₨2.20b (up 27% from FY 2024). Profit margin: 11% (up from 9.6% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Jun 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.5% average weekly change). Market cap is less than US$100m (PK₨20.1b market cap, or US$71.2m).
Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 21%After last week's 21% share price gain to PK₨41.94, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 9x in the Basic Materials industry in Pakistan. Total returns to shareholders of 110% over the past three years.
Reported Earnings • May 01Third quarter 2025 earnings released: EPS: PK₨1.17 (vs PK₨1.39 in 3Q 2024)Third quarter 2025 results: EPS: PK₨1.17 (down from PK₨1.39 in 3Q 2024). Revenue: PK₨4.92b (up 16% from 3Q 2024). Net income: PK₨469.1m (down 16% from 3Q 2024). Profit margin: 9.5% (down from 13% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 22Hassan Mehdi Resigns as Head of Internal Audit of Gharibwal Cement LimitedGharibwal Cement Limited has announced the resignation of its Head of Internal Audit, Mr. Hassan Mehdi, who has stepped down from his position, ceasing all associations with the company. The company has indicated that a new Head of Internal Audit will be appointed in the future. This individual will serve as a liaison between the CA Firm and the company's Board of Directors, facilitating communication and coordination of audit activities.
Reported Earnings • Mar 01Second quarter 2025 earnings released: EPS: PK₨630 (vs PK₨0.69 in 2Q 2024)Second quarter 2025 results: EPS: PK₨630. Revenue: PK₨5.54b (up 14% from 2Q 2024). Net income: PK₨253.4m (down 8.7% from 2Q 2024). Profit margin: 4.6% (down from 5.7% in 2Q 2024). The decrease in margin was driven by higher expenses.
お知らせ • Dec 19Gharibwal Cement Limited Announces Directorate ChangesGharibwal Cement Limited has announced a change in its board of directors, appointing Mr. Mian Nazir Ahmed Peracha as a new director, effective December 4, 2024. This appointment follows the resignation of Ms. Habiba Tousif Paracha, who previously held the position.
Valuation Update With 7 Day Price Move • Dec 12Investor sentiment improves as stock rises 20%After last week's 20% share price gain to PK₨50.78, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 10x in the Basic Materials industry in Pakistan. Total returns to shareholders of 112% over the past three years.
New Risk • Dec 03New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Pakistani stocks, typically moving 9.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.9% average weekly change). Minor Risk Market cap is less than US$100m (PK₨16.3b market cap, or US$58.8m).
Reported Earnings • Oct 30First quarter 2025 earnings released: EPS: PK₨1.34 (vs PK₨1.02 in 1Q 2024)First quarter 2025 results: EPS: PK₨1.34 (up from PK₨1.02 in 1Q 2024). Revenue: PK₨4.32b (flat on 1Q 2024). Net income: PK₨535.1m (up 31% from 1Q 2024). Profit margin: 12% (up from 9.4% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improves as stock rises 19%After last week's 19% share price gain to PK₨30.79, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 8x in the Basic Materials industry in Pakistan. Total returns to shareholders of 21% over the past three years.
Reported Earnings • Oct 01Full year 2024 earnings released: EPS: PK₨4.35 (vs PK₨3.08 in FY 2023)Full year 2024 results: EPS: PK₨4.35 (up from PK₨3.08 in FY 2023). Revenue: PK₨18.2b (flat on FY 2023). Net income: PK₨1.74b (up 41% from FY 2023). Profit margin: 9.6% (up from 6.7% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
お知らせ • Sep 28Gharibwal Cement Limited, Annual General Meeting, Oct 24, 2024Gharibwal Cement Limited, Annual General Meeting, Oct 24, 2024.
Valuation Update With 7 Day Price Move • Jun 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨34.80, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 8x in the Basic Materials industry in Pakistan. Total loss to shareholders of 8.4% over the past three years.
Valuation Update With 7 Day Price Move • May 13Investor sentiment improves as stock rises 20%After last week's 20% share price gain to PK₨29.13, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 8x in the Basic Materials industry in Pakistan. Total loss to shareholders of 21% over the past three years.
Reported Earnings • May 02Third quarter 2024 earnings released: EPS: PK₨1.39 (vs PK₨1.37 in 3Q 2023)Third quarter 2024 results: EPS: PK₨1.39 (up from PK₨1.37 in 3Q 2023). Revenue: PK₨4.23b (down 8.8% from 3Q 2023). Net income: PK₨558.0m (up 1.4% from 3Q 2023). Profit margin: 13% (up from 12% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
New Risk • Mar 03New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.4% Last year net profit margin: 6.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (4.4% net profit margin). Market cap is less than US$100m (PK₨9.40b market cap, or US$33.7m).
Valuation Update With 7 Day Price Move • Dec 27Investor sentiment improves as stock rises 22%After last week's 22% share price gain to PK₨28.38, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 7x in the Basic Materials industry in Pakistan. Total loss to shareholders of 17% over the past three years.
New Risk • Nov 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (PK₨9.79b market cap, or US$34.3m).
Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improves as stock rises 19%After last week's 19% share price gain to PK₨24.47, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 7x in the Basic Materials industry in Pakistan. Total loss to shareholders of 8.6% over the past three years.
Valuation Update With 7 Day Price Move • Nov 15Investor sentiment improves as stock rises 20%After last week's 20% share price gain to PK₨20.84, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 7x in the Basic Materials industry in Pakistan. Total loss to shareholders of 21% over the past three years.
Reported Earnings • Oct 12Full year 2023 earnings released: EPS: PK₨3.08 (vs PK₨3.38 in FY 2022)Full year 2023 results: EPS: PK₨3.08 (down from PK₨3.38 in FY 2022). Revenue: PK₨18.3b (up 13% from FY 2022). Net income: PK₨1.23b (down 9.0% from FY 2022). Profit margin: 6.7% (down from 8.4% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Reported Earnings • May 04Third quarter 2023 earnings released: EPS: PK₨1.37 (vs PK₨1.12 in 3Q 2022)Third quarter 2023 results: EPS: PK₨1.37 (up from PK₨1.12 in 3Q 2022). Revenue: PK₨4.64b (up 16% from 3Q 2022). Net income: PK₨550.1m (up 23% from 3Q 2022). Profit margin: 12% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Reported Earnings • Mar 03Second quarter 2023 earnings released: EPS: PK₨1.73 (vs PK₨2.15 in 2Q 2022)Second quarter 2023 results: EPS: PK₨1.73 (down from PK₨2.15 in 2Q 2022). Revenue: PK₨5.58b (up 31% from 2Q 2022). Net income: PK₨692.2m (down 20% from 2Q 2022). Profit margin: 12% (down from 20% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Chairman Khalid Tirmizey was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Oct 11Upcoming dividend of PK₨1.00 per shareEligible shareholders must have bought the stock before 18 October 2022. Payment date: 17 November 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 4.9%. Lower than top quartile of Pakistani dividend payers (12%). Lower than average of industry peers (7.5%).
Reported Earnings • Oct 06Full year 2022 earnings released: EPS: PK₨3.38 (vs PK₨3.88 in FY 2021)Full year 2022 results: EPS: PK₨3.38 (down from PK₨3.88 in FY 2021). Revenue: PK₨16.2b (up 34% from FY 2021). Net income: PK₨1.35b (down 13% from FY 2021). Profit margin: 8.4% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improved over the past weekAfter last week's 17% share price gain to PK₨20.40, the stock trades at a trailing P/E ratio of 4x. Average trailing P/E is 6x in the Basic Materials industry in Pakistan. Total returns to shareholders of 166% over the past three years.
Reported Earnings • May 07Third quarter 2022 earnings released: EPS: PK₨1.12 (vs PK₨1.20 in 3Q 2021)Third quarter 2022 results: EPS: PK₨1.12 (down from PK₨1.20 in 3Q 2021). Revenue: PK₨4.00b (up 28% from 3Q 2021). Net income: PK₨446.9m (down 6.8% from 3Q 2021). Profit margin: 11% (down from 15% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Chairman Khalid Tirmizey was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Mar 17Investor sentiment improved over the past weekAfter last week's 17% share price gain to PK₨27.53, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 7x in the Basic Materials industry in Pakistan. Total returns to shareholders of 116% over the past three years.
Reported Earnings • Mar 05Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatSecond quarter 2022 results: EPS: PK₨2.15 (up from PK₨1.09 in 2Q 2021). Revenue: PK₨4.27b (up 43% from 2Q 2021). Net income: PK₨860.9m (up 97% from 2Q 2021). Profit margin: 20% (up from 15% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.4%. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Nov 23Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to PK₨24.91, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 9x in the Basic Materials industry in Pakistan. Total returns to shareholders of 47% over the past three years.
Valuation Update With 7 Day Price Move • Nov 01Investor sentiment improved over the past weekAfter last week's 17% share price gain to PK₨31.20, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 10x in the Basic Materials industry in Pakistan. Total returns to shareholders of 76% over the past three years.
Board Change • Oct 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Faisal Ahmad was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 06Full year 2021 earnings released: EPS PK₨3.88 (vs PK₨0.33 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: PK₨12.1b (up 39% from FY 2020). Net income: PK₨1.55b (up PK₨1.42b from FY 2020). Profit margin: 13% (up from 1.5% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
Reported Earnings • Oct 06Full year 2021 earnings released: EPS PK₨3.88 (vs PK₨0.33 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: PK₨12.1b (up 39% from FY 2020). Net income: PK₨1.55b (up PK₨1.42b from FY 2020). Profit margin: 13% (up from 1.5% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
Executive Departure • Oct 06Non Executive Director Ali Khan has left the companyOn the 27th of September, Ali Khan's tenure as Non Executive Director ended. We don't have any record of a personal shareholding under Ali's name. A total of 2 executives have left over the last 12 months.
Reported Earnings • May 02Third quarter 2021 earnings released: EPS PK₨1.20 (vs PK₨0.73 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: PK₨3.12b (up 42% from 3Q 2020). Net income: PK₨479.7m (up PK₨774.7m from 3Q 2020). Profit margin: 15% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Mar 11Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to PK₨36.14, the stock is trading at a trailing P/E ratio of 13.5x, down from the previous P/E ratio of 16x. This compares to an average P/E of 26x in the Basic Materials industry in Pakistan. Total returns to shareholders over the past three years are 59%.
Executive Departure • Mar 03Technical Advisor to CEO & Board and Non-Executive Director Muhammad Paracha has left the companyOn the 28th of February, Muhammad Paracha, was replaced as CEO by Muhammad Peracha. As of December 2020, Muhammad personally held only 2.33k shares (PK₨87k worth at the time). Muhammad is the only executive to leave the company over the last 12 months.
Reported Earnings • Mar 01Second quarter 2021 earnings released: EPS PK₨1.09 (vs PK₨0.03 loss in 2Q 2020)The company reported a solid second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: PK₨2.98b (flat on 2Q 2020). Net income: PK₨436.2m (up PK₨446.0m from 2Q 2020). Profit margin: 15% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Feb 18New 90-day high: PK₨43.73The company is up 62% from its price of PK₨27.02 on 20 November 2020. The Pakistani market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 26% over the same period.
Is New 90 Day High Low • Jan 30New 90-day high: PK₨42.80The company is up 41% from its price of PK₨30.41 on 29 October 2020. The Pakistani market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 9.0% over the same period.
Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improved over the past weekAfter last week's 16% share price gain to PK₨42.75, the stock is trading at a trailing P/E ratio of 27.2x, up from the previous P/E ratio of 23.4x. This compares to an average P/E of 25x in the Basic Materials industry in Pakistan. Total returns to shareholders over the past three years are 84%.
Is New 90 Day High Low • Jan 02New 90-day high: PK₨38.00The company is up 65% from its price of PK₨23.10 on 02 October 2020. The Pakistani market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 12% over the same period.
Is New 90 Day High Low • Dec 16New 90-day high: PK₨34.34The company is up 29% from its price of PK₨26.69 on 16 September 2020. The Pakistani market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 3.0% over the same period.
Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improved over the past weekAfter last week's 18% share price gain to PK₨34.34, the stock is trading at a trailing P/E ratio of 21.8x, up from the previous P/E ratio of 18.5x. This compares to an average P/E of 22x in the Basic Materials industry in Pakistan. Total returns to shareholders over the past three years are 96%.
Reported Earnings • Oct 24First quarter earnings releasedOver the last 12 months the company has reported total profits of PK₨629.9m, up 177% from the prior year. Total revenue was PK₨9.27b over the last 12 months, down 16% from the prior year.
Reported Earnings • Oct 07Full year earnings released - EPS PK₨0.33Over the last 12 months the company has reported total profits of PK₨131.3m, down 82% from the prior year. Total revenue was PK₨8.71b over the last 12 months, down 23% from the prior year. Profit margins were 1.5%, which is lower than the 6.4% margin from last year. The decrease in margin was driven by lower revenue.