Safe Mix Concrete（SMCPL）株式概要Safe Mix Concrete Limited はパキスタンの建設会社向けに生コンクリートを製造・供給しています。 詳細SMCPL ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長0/6過去の実績6/6財務の健全性4/6配当金3/6報酬当社が推定した公正価値より71.9%で取引されている 過去1年間で収益は86%増加しました リスク分析意味のある時価総額がありません ( PKR1B )多額の負債を抱えている すべてのリスクチェックを見るSMCPL Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValuePK₨Current PricePK₨40.5119.8% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-138m10b2016201920222025202620282031Revenue PK₨9.7bEarnings PK₨646.6mAdvancedSet Fair ValueView all narrativesSafe Mix Concrete Limited 競合他社Fecto CementSymbol: KASE:FECTCMarket cap: PK₨4.5bGharibwal CementSymbol: KASE:GWLCMarket cap: PK₨19.0bThatta CementSymbol: KASE:THCCLMarket cap: PK₨22.1bAttock Cement PakistanSymbol: KASE:ACPLMarket cap: PK₨31.4b価格と性能株価の高値、安値、推移の概要Safe Mix Concrete過去の株価現在の株価PK₨40.5152週高値PK₨57.3052週安値PK₨16.60ベータ0.211ヶ月の変化0%3ヶ月変化-9.11%1年変化140.84%3年間の変化193.55%5年間の変化313.37%IPOからの変化250.13%最新ニュースReported Earnings • Apr 29Third quarter 2026 earnings released: EPS: PK₨0.89 (vs PK₨0.57 in 3Q 2025)Third quarter 2026 results: EPS: PK₨0.89 (up from PK₨0.57 in 3Q 2025). Revenue: PK₨556.6m (up 26% from 3Q 2025). Net income: PK₨22.3m (up 57% from 3Q 2025). Profit margin: 4.0% (up from 3.2% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 40% per year, which means it is well ahead of earnings.お知らせ • Apr 20Safe Mix Concrete Limited to Report Q3, 2026 Results on Apr 27, 2026Safe Mix Concrete Limited announced that they will report Q3, 2026 results on Apr 27, 2026New Risk • Mar 10New 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 9.3% 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 Risks Share price has been highly volatile over the past 3 months (9.3% average weekly change). Market cap is less than US$10m (PK₨951.3m market cap, or US$3.40m). Minor Risks High level of debt (55% net debt to equity). Dividend is not well covered by cash flows (125% cash payout ratio).Reported Earnings • Mar 01Second quarter 2026 earnings released: EPS: PK₨1.26 (vs PK₨0.67 in 2Q 2025)Second quarter 2026 results: EPS: PK₨1.26 (up from PK₨0.67 in 2Q 2025). Revenue: PK₨578.5m (up 56% from 2Q 2025). Net income: PK₨31.5m (up 87% from 2Q 2025). Profit margin: 5.4% (up from 4.5% in 2Q 2025). 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 51% per year, which means it is well ahead of earnings.New Risk • Mar 01New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 55% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (PK₨1.11b market cap, or US$3.99m). Minor Risks High level of debt (55% net debt to equity). Dividend is not well covered by cash flows (125% cash payout ratio). Share price has been volatile over the past 3 months (7.8% average weekly change).お知らせ • Feb 19Safe Mix Concrete Limited to Report First Half, 2026 Results on Feb 27, 2026Safe Mix Concrete Limited announced that they will report first half, 2026 results on Feb 27, 2026最新情報をもっと見るRecent updatesReported Earnings • Apr 29Third quarter 2026 earnings released: EPS: PK₨0.89 (vs PK₨0.57 in 3Q 2025)Third quarter 2026 results: EPS: PK₨0.89 (up from PK₨0.57 in 3Q 2025). Revenue: PK₨556.6m (up 26% from 3Q 2025). Net income: PK₨22.3m (up 57% from 3Q 2025). Profit margin: 4.0% (up from 3.2% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 40% per year, which means it is well ahead of earnings.お知らせ • Apr 20Safe Mix Concrete Limited to Report Q3, 2026 Results on Apr 27, 2026Safe Mix Concrete Limited announced that they will report Q3, 2026 results on Apr 27, 2026New Risk • Mar 10New 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 9.3% 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 Risks Share price has been highly volatile over the past 3 months (9.3% average weekly change). Market cap is less than US$10m (PK₨951.3m market cap, or US$3.40m). Minor Risks High level of debt (55% net debt to equity). Dividend is not well covered by cash flows (125% cash payout ratio).Reported Earnings • Mar 01Second quarter 2026 earnings released: EPS: PK₨1.26 (vs PK₨0.67 in 2Q 2025)Second quarter 2026 results: EPS: PK₨1.26 (up from PK₨0.67 in 2Q 2025). Revenue: PK₨578.5m (up 56% from 2Q 2025). Net income: PK₨31.5m (up 87% from 2Q 2025). Profit margin: 5.4% (up from 4.5% in 2Q 2025). 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 51% per year, which means it is well ahead of earnings.New Risk • Mar 01New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 55% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (PK₨1.11b market cap, or US$3.99m). Minor Risks High level of debt (55% net debt to equity). Dividend is not well covered by cash flows (125% cash payout ratio). Share price has been volatile over the past 3 months (7.8% average weekly change).お知らせ • Feb 19Safe Mix Concrete Limited to Report First Half, 2026 Results on Feb 27, 2026Safe Mix Concrete Limited announced that they will report first half, 2026 results on Feb 27, 2026New Risk • Jan 15New 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 8.8% 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 Risks Share price has been highly volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$10m (PK₨1.20b market cap, or US$4.29m).Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to PK₨49.71, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 12x in the Basic Materials industry in Pakistan. Total returns to shareholders of 272% over the past three years.New Risk • Oct 11New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.2% Last year net profit margin: 9.0% 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: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Market cap is less than US$10m (PK₨1.04b market cap, or US$3.69m). Minor Risk Profit margins are more than 30% lower than last year (6.2% net profit margin).Upcoming Dividend • Oct 10Upcoming dividend of PK₨2.50 per shareEligible shareholders must have bought the stock before 17 October 2025. Payment date: 18 November 2025. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 6.0%. Lower than top quartile of Pakistani dividend payers (7.4%). Higher than average of industry peers (2.6%).Valuation Update With 7 Day Price Move • Sep 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨43.45, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 12x in the Basic Materials industry in Pakistan. Total returns to shareholders of 326% over the past three years.Declared Dividend • Sep 12Dividend increased to PK₨2.50Dividend of PK₨2.50 is 25% higher than last year. Ex-date: 17th October 2025 Payment date: 18th November 2025 Dividend yield will be 6.4%, which is higher than the industry average of 5.1%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (51% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 50% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Sep 11Full year 2025 earnings released: EPS: PK₨4.11 (vs PK₨4.46 in FY 2024)Full year 2025 results: EPS: PK₨4.11 (down from PK₨4.46 in FY 2024). Revenue: PK₨1.65b (up 31% from FY 2024). Net income: PK₨102.7m (down 8.0% from FY 2024). Profit margin: 6.2% (down from 8.8% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 48% per year, which means it is well ahead of earnings.お知らせ • Sep 10+ 1 more updateSafe Mix Concrete Limited, Annual General Meeting, Oct 28, 2025Safe Mix Concrete Limited, Annual General Meeting, Oct 28, 2025. Location: at naya nazimabad gymkhana, naya nazimabad, manghopir road, karachi Pakistanお知らせ • Sep 04Safe Mix Concrete Limited to Report Fiscal Year 2025 Results on Sep 09, 2025Safe Mix Concrete Limited announced that they will report fiscal year 2025 results on Sep 09, 2025Valuation Update With 7 Day Price Move • Sep 03Investor sentiment improves as stock rises 24%After last week's 24% share price gain to PK₨31.67, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 11x in the Basic Materials industry in Pakistan. Total returns to shareholders of 223% over the past three years.New Risk • Sep 02New 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 9.2% 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 Risks Share price has been highly volatile over the past 3 months (9.2% average weekly change). Market cap is less than US$10m (PK₨719.8m market cap, or US$2.55m). Minor Risks High level of debt (48% net debt to equity). Dividend is not well covered by cash flows (216% cash payout ratio).Valuation Update With 7 Day Price Move • Jul 30Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to PK₨24.18, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 11x in the Basic Materials industry in Pakistan. Total returns to shareholders of 136% over the past three years.New Risk • Jul 25New 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 9.1% 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: Major Risk Market cap is less than US$10m (PK₨694.0m market cap, or US$2.44m). Minor Risks High level of debt (48% net debt to equity). Dividend is not well covered by cash flows (216% cash payout ratio). Share price has been volatile over the past 3 months (9.1% average weekly change).Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improves as stock rises 23%After last week's 23% share price gain to PK₨26.93, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 10x in the Basic Materials industry in Pakistan. Total returns to shareholders of 332% over the past three years.Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improves as stock rises 20%After last week's 20% share price gain to PK₨22.31, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 10x in the Basic Materials industry in Pakistan. Total returns to shareholders of 284% over the past three years.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₨17.01, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 9x in the Basic Materials industry in Pakistan. Total returns to shareholders of 191% over the past three years.New Risk • May 04New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 48% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (PK₨414.8m market cap, or US$1.48m). Minor Risks High level of debt (48% net debt to equity). Dividend is not well covered by cash flows (216% cash payout ratio).Reported Earnings • Mar 02Second quarter 2025 earnings released: EPS: PK₨0.67 (vs PK₨0.45 in 2Q 2024)Second quarter 2025 results: EPS: PK₨0.67 (up from PK₨0.45 in 2Q 2024). Revenue: PK₨371.6m (up 33% from 2Q 2024). Net income: PK₨16.9m (up 51% from 2Q 2024). Profit margin: 4.5% (up from 4.0% in 2Q 2024). The increase in margin was driven by higher revenue. 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 34% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Nov 02First quarter 2025 earnings released: EPS: PK₨0.87 (vs PK₨1.55 in 1Q 2024)First quarter 2025 results: EPS: PK₨0.87 (down from PK₨1.55 in 1Q 2024). Revenue: PK₨307.9m (up 9.1% from 1Q 2024). Net income: PK₨21.8m (down 44% from 1Q 2024). Profit margin: 7.1% (down from 14% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 23Investor sentiment improves as stock rises 21%After last week's 21% share price gain to PK₨19.70, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 8x in the Basic Materials industry in Pakistan. Total returns to shareholders of 192% over the past three years.New Risk • Sep 27New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 97% Dividend yield: 10% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. 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: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Market cap is less than US$10m (PK₨482.5m market cap, or US$1.74m). Minor Risks High level of debt (44% net debt to equity). Dividend is not well covered by cash flows (97% cash payout ratio). Revenue is less than US$5m (PK₨1.3b revenue, or US$4.5m).お知らせ • Sep 23Safe Mix Concrete Limited, Annual General Meeting, Oct 25, 2024Safe Mix Concrete Limited, Annual General Meeting, Oct 25, 2024. Location: at naya nazimabad gymkhana, naya nazimabad, manghopir road., karachi PakistanReported Earnings • Sep 22Full year 2024 earnings released: EPS: PK₨4.46 (vs PK₨5.34 in FY 2023)Full year 2024 results: EPS: PK₨4.46 (down from PK₨5.34 in FY 2023). Revenue: PK₨1.26b (down 12% from FY 2023). Net income: PK₨111.6m (down 16% from FY 2023). Profit margin: 8.8% (down from 9.3% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 29Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to PK₨24.23, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 8x in the Basic Materials industry in Pakistan. Total returns to shareholders of 143% over the past three years.Valuation Update With 7 Day Price Move • Jul 12Investor sentiment improves as stock rises 23%After last week's 23% share price gain to PK₨23.28, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 8x in the Basic Materials industry in Pakistan. Total returns to shareholders of 128% over the past three years.Valuation Update With 7 Day Price Move • May 24Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to PK₨16.88, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 7x in the Basic Materials industry in Pakistan. Total returns to shareholders of 72% over the past three years.Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 24%After last week's 24% share price gain to PK₨17.65, the stock trades at a trailing P/E ratio of 4.8x. Average trailing P/E is 7x in the Basic Materials industry in Pakistan. Total returns to shareholders of 101% over the past three years.Reported Earnings • May 02Third quarter 2024 earnings released: EPS: PK₨1.44 (vs PK₨1.99 in 3Q 2023)Third quarter 2024 results: EPS: PK₨1.44 (down from PK₨1.99 in 3Q 2023). Revenue: PK₨384.7m (down 8.6% from 3Q 2023). Net income: PK₨36.0m (down 28% from 3Q 2023). Profit margin: 9.4% (down from 12% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.New Risk • Nov 30New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.2% Last year net profit margin: 14% 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: Major Risk Market cap is less than US$10m (PK₨350.0m market cap, or US$1.23m). Minor Risks High level of debt (61% net debt to equity). Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (8.2% net profit margin).New Risk • Oct 19New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 67% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (PK₨332.5m market cap, or US$1.19m). Minor Risks High level of debt (67% net debt to equity). Share price has been volatile over the past 3 months (7.8% average weekly change).Valuation Update With 7 Day Price Move • Jul 18Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to PK₨13.89, the stock trades at a trailing P/E ratio of 2x. Average trailing P/E is 6x in the Basic Materials industry in Pakistan. Total returns to shareholders of 43% over the past three years.Valuation Update With 7 Day Price Move • Jun 16Investor sentiment improves as stock rises 20%After last week's 20% share price gain to PK₨15.50, the stock trades at a trailing P/E ratio of 2.3x. Average trailing P/E is 6x in the Basic Materials industry in Pakistan. Total returns to shareholders of 209% over the past three years.Board Change • Apr 26Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Director Abdul Sultan was the last director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Apr 03Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Director Abdul Sultan was the last director to join the board, commencing their role in 2022. 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 • Jan 02Investor sentiment improved over the past weekAfter last week's 19% share price gain to PK₨15.46, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 6x in the Basic Materials industry in Pakistan. Total returns to shareholders of 124% over the past three years.Valuation Update With 7 Day Price Move • Dec 13Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to PK₨12.06, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 6x in the Basic Materials industry in Pakistan. Total returns to shareholders of 72% over the past three years.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Non-Executive Director Khalil Ahmed was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Oct 28Investor sentiment improved over the past weekAfter last week's 22% share price gain to PK₨14.68, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 6x in the Basic Materials industry in Pakistan. Total returns to shareholders of 129% over the past three years.Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improved over the past weekAfter last week's 23% share price gain to PK₨8.00, the stock trades at a trailing P/E ratio of 38.1x. Average trailing P/E is 5x in the Basic Materials industry in Pakistan. Total returns to shareholders of 38% over the past three years.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Khalil Ahmed was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Oct 06Full year 2021 earnings released: EPS PK₨0.26 (vs PK₨3.95 loss in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: PK₨221.2m (down 46% from FY 2020). Net income: PK₨6.57m (up PK₨105.3m from FY 2020). Profit margin: 3.0% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Reported Earnings • May 02Third quarter 2021 earnings released: EPS PK₨0.11 (vs PK₨2.10 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₨85.5m (up 13% from 3Q 2020). Net income: PK₨2.70m (up PK₨55.3m from 3Q 2020). Profit margin: 3.2% (up from net loss in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 03Second quarter 2021 earnings released: EPS PK₨0.13 (vs PK₨0.84 loss in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: PK₨47.6m (down 58% from 2Q 2020). Net income: PK₨3.19m (up PK₨24.3m from 2Q 2020). Profit margin: 6.7% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 85% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Feb 17New 90-day high: PK₨7.90The company is up 15% from its price of PK₨6.86 on 19 November 2020. The Pakistani market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Basic Materials industry, which is up 26% over the same period.Is New 90 Day High Low • Jan 21New 90-day high: PK₨7.86The company is up 8.0% from its price of PK₨7.30 on 23 October 2020. The Pakistani market is also up 8.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Basic Materials industry, which is up 6.0% over the same period.Reported Earnings • Nov 01First quarter earnings releasedOver the last 12 months the company has reported total losses of PK₨89.1m, with losses widening by 87% from the prior year. Total revenue was PK₨331.6m over the last 12 months, down 55% from the prior year.Reported Earnings • Oct 06Full year earnings released - PK₨3.95 loss per shareOver the last 12 months the company has reported total losses of PK₨98.8m, with losses widening by 230% from the prior year. Total revenue was PK₨409.4m over the last 12 months, down 53% from the prior year.株主還元SMCPLPK Basic MaterialsPK 市場7D3.6%0.7%0.7%1Y140.8%18.7%28.6%株主還元を見る業界別リターン: SMCPL過去 1 年間で18.7 % の収益を上げたPK Basic Materials業界を上回りました。リターン対市場: SMCPL過去 1 年間で28.6 % の収益を上げたPK市場を上回りました。価格変動Is SMCPL's price volatile compared to industry and market?SMCPL volatilitySMCPL Average Weekly Movement8.7%Basic Materials Industry Average Movement9.4%Market Average Movement8.5%10% most volatile stocks in PK Market11.3%10% least volatile stocks in PK Market5.7%安定した株価: SMCPL 、 PK市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: SMCPLの 週次ボラティリティ ( 9% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト200545Abdus Samad Habibwww.safemixlimited.comSafe Mix Concrete社はパキスタンの建設会社向けに生コンクリートを製造・供給している。同社の製品は、骨材、舗装、壁、溝、コンクリートスラブのグラウチング、歩道、車道、テラス、階段、床、天井、屋根、橋、トンネル、地下鉄、基礎、フーチング、電気、ガス、水道、光ファイバー線、ケーブルの被覆などの建設に使用されている。旧社名はSafe Mix Concrete Products Limitedで、2015年6月に社名をSafe Mix Concrete Limitedに変更した。同社は2005年に法人化され、パキスタンのカラチを拠点としている。もっと見るSafe Mix Concrete Limited 基礎のまとめSafe Mix Concrete の収益と売上を時価総額と比較するとどうか。SMCPL 基礎統計学時価総額PK₨1.01b収益（TTM）PK₨150.28m売上高(TTM)PK₨2.26b6.7xPER（株価収益率0.4xP/SレシオSMCPL は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計SMCPL 損益計算書（TTM）収益PK₨2.26b売上原価PK₨1.90b売上総利益PK₨363.00mその他の費用PK₨212.72m収益PK₨150.28m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）6.01グロス・マージン16.04%純利益率6.64%有利子負債／自己資本比率54.6%SMCPL の長期的なパフォーマンスは？過去の実績と比較を見る配当金6.2%現在の配当利回り44%配当性向View Valuation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 02:28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Safe Mix Concrete 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。0
Reported Earnings • Apr 29Third quarter 2026 earnings released: EPS: PK₨0.89 (vs PK₨0.57 in 3Q 2025)Third quarter 2026 results: EPS: PK₨0.89 (up from PK₨0.57 in 3Q 2025). Revenue: PK₨556.6m (up 26% from 3Q 2025). Net income: PK₨22.3m (up 57% from 3Q 2025). Profit margin: 4.0% (up from 3.2% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 40% per year, which means it is well ahead of earnings.
お知らせ • Apr 20Safe Mix Concrete Limited to Report Q3, 2026 Results on Apr 27, 2026Safe Mix Concrete Limited announced that they will report Q3, 2026 results on Apr 27, 2026
New Risk • Mar 10New 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 9.3% 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 Risks Share price has been highly volatile over the past 3 months (9.3% average weekly change). Market cap is less than US$10m (PK₨951.3m market cap, or US$3.40m). Minor Risks High level of debt (55% net debt to equity). Dividend is not well covered by cash flows (125% cash payout ratio).
Reported Earnings • Mar 01Second quarter 2026 earnings released: EPS: PK₨1.26 (vs PK₨0.67 in 2Q 2025)Second quarter 2026 results: EPS: PK₨1.26 (up from PK₨0.67 in 2Q 2025). Revenue: PK₨578.5m (up 56% from 2Q 2025). Net income: PK₨31.5m (up 87% from 2Q 2025). Profit margin: 5.4% (up from 4.5% in 2Q 2025). 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 51% per year, which means it is well ahead of earnings.
New Risk • Mar 01New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 55% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (PK₨1.11b market cap, or US$3.99m). Minor Risks High level of debt (55% net debt to equity). Dividend is not well covered by cash flows (125% cash payout ratio). Share price has been volatile over the past 3 months (7.8% average weekly change).
お知らせ • Feb 19Safe Mix Concrete Limited to Report First Half, 2026 Results on Feb 27, 2026Safe Mix Concrete Limited announced that they will report first half, 2026 results on Feb 27, 2026
Reported Earnings • Apr 29Third quarter 2026 earnings released: EPS: PK₨0.89 (vs PK₨0.57 in 3Q 2025)Third quarter 2026 results: EPS: PK₨0.89 (up from PK₨0.57 in 3Q 2025). Revenue: PK₨556.6m (up 26% from 3Q 2025). Net income: PK₨22.3m (up 57% from 3Q 2025). Profit margin: 4.0% (up from 3.2% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 40% per year, which means it is well ahead of earnings.
お知らせ • Apr 20Safe Mix Concrete Limited to Report Q3, 2026 Results on Apr 27, 2026Safe Mix Concrete Limited announced that they will report Q3, 2026 results on Apr 27, 2026
New Risk • Mar 10New 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 9.3% 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 Risks Share price has been highly volatile over the past 3 months (9.3% average weekly change). Market cap is less than US$10m (PK₨951.3m market cap, or US$3.40m). Minor Risks High level of debt (55% net debt to equity). Dividend is not well covered by cash flows (125% cash payout ratio).
Reported Earnings • Mar 01Second quarter 2026 earnings released: EPS: PK₨1.26 (vs PK₨0.67 in 2Q 2025)Second quarter 2026 results: EPS: PK₨1.26 (up from PK₨0.67 in 2Q 2025). Revenue: PK₨578.5m (up 56% from 2Q 2025). Net income: PK₨31.5m (up 87% from 2Q 2025). Profit margin: 5.4% (up from 4.5% in 2Q 2025). 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 51% per year, which means it is well ahead of earnings.
New Risk • Mar 01New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 55% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (PK₨1.11b market cap, or US$3.99m). Minor Risks High level of debt (55% net debt to equity). Dividend is not well covered by cash flows (125% cash payout ratio). Share price has been volatile over the past 3 months (7.8% average weekly change).
お知らせ • Feb 19Safe Mix Concrete Limited to Report First Half, 2026 Results on Feb 27, 2026Safe Mix Concrete Limited announced that they will report first half, 2026 results on Feb 27, 2026
New Risk • Jan 15New 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 8.8% 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 Risks Share price has been highly volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$10m (PK₨1.20b market cap, or US$4.29m).
Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to PK₨49.71, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 12x in the Basic Materials industry in Pakistan. Total returns to shareholders of 272% over the past three years.
New Risk • Oct 11New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.2% Last year net profit margin: 9.0% 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: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Market cap is less than US$10m (PK₨1.04b market cap, or US$3.69m). Minor Risk Profit margins are more than 30% lower than last year (6.2% net profit margin).
Upcoming Dividend • Oct 10Upcoming dividend of PK₨2.50 per shareEligible shareholders must have bought the stock before 17 October 2025. Payment date: 18 November 2025. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 6.0%. Lower than top quartile of Pakistani dividend payers (7.4%). Higher than average of industry peers (2.6%).
Valuation Update With 7 Day Price Move • Sep 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨43.45, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 12x in the Basic Materials industry in Pakistan. Total returns to shareholders of 326% over the past three years.
Declared Dividend • Sep 12Dividend increased to PK₨2.50Dividend of PK₨2.50 is 25% higher than last year. Ex-date: 17th October 2025 Payment date: 18th November 2025 Dividend yield will be 6.4%, which is higher than the industry average of 5.1%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (51% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 50% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Sep 11Full year 2025 earnings released: EPS: PK₨4.11 (vs PK₨4.46 in FY 2024)Full year 2025 results: EPS: PK₨4.11 (down from PK₨4.46 in FY 2024). Revenue: PK₨1.65b (up 31% from FY 2024). Net income: PK₨102.7m (down 8.0% from FY 2024). Profit margin: 6.2% (down from 8.8% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 48% per year, which means it is well ahead of earnings.
お知らせ • Sep 10+ 1 more updateSafe Mix Concrete Limited, Annual General Meeting, Oct 28, 2025Safe Mix Concrete Limited, Annual General Meeting, Oct 28, 2025. Location: at naya nazimabad gymkhana, naya nazimabad, manghopir road, karachi Pakistan
お知らせ • Sep 04Safe Mix Concrete Limited to Report Fiscal Year 2025 Results on Sep 09, 2025Safe Mix Concrete Limited announced that they will report fiscal year 2025 results on Sep 09, 2025
Valuation Update With 7 Day Price Move • Sep 03Investor sentiment improves as stock rises 24%After last week's 24% share price gain to PK₨31.67, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 11x in the Basic Materials industry in Pakistan. Total returns to shareholders of 223% over the past three years.
New Risk • Sep 02New 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 9.2% 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 Risks Share price has been highly volatile over the past 3 months (9.2% average weekly change). Market cap is less than US$10m (PK₨719.8m market cap, or US$2.55m). Minor Risks High level of debt (48% net debt to equity). Dividend is not well covered by cash flows (216% cash payout ratio).
Valuation Update With 7 Day Price Move • Jul 30Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to PK₨24.18, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 11x in the Basic Materials industry in Pakistan. Total returns to shareholders of 136% over the past three years.
New Risk • Jul 25New 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 9.1% 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: Major Risk Market cap is less than US$10m (PK₨694.0m market cap, or US$2.44m). Minor Risks High level of debt (48% net debt to equity). Dividend is not well covered by cash flows (216% cash payout ratio). Share price has been volatile over the past 3 months (9.1% average weekly change).
Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improves as stock rises 23%After last week's 23% share price gain to PK₨26.93, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 10x in the Basic Materials industry in Pakistan. Total returns to shareholders of 332% over the past three years.
Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improves as stock rises 20%After last week's 20% share price gain to PK₨22.31, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 10x in the Basic Materials industry in Pakistan. Total returns to shareholders of 284% over the past three years.
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₨17.01, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 9x in the Basic Materials industry in Pakistan. Total returns to shareholders of 191% over the past three years.
New Risk • May 04New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 48% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (PK₨414.8m market cap, or US$1.48m). Minor Risks High level of debt (48% net debt to equity). Dividend is not well covered by cash flows (216% cash payout ratio).
Reported Earnings • Mar 02Second quarter 2025 earnings released: EPS: PK₨0.67 (vs PK₨0.45 in 2Q 2024)Second quarter 2025 results: EPS: PK₨0.67 (up from PK₨0.45 in 2Q 2024). Revenue: PK₨371.6m (up 33% from 2Q 2024). Net income: PK₨16.9m (up 51% from 2Q 2024). Profit margin: 4.5% (up from 4.0% in 2Q 2024). The increase in margin was driven by higher revenue. 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 34% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Nov 02First quarter 2025 earnings released: EPS: PK₨0.87 (vs PK₨1.55 in 1Q 2024)First quarter 2025 results: EPS: PK₨0.87 (down from PK₨1.55 in 1Q 2024). Revenue: PK₨307.9m (up 9.1% from 1Q 2024). Net income: PK₨21.8m (down 44% from 1Q 2024). Profit margin: 7.1% (down from 14% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 23Investor sentiment improves as stock rises 21%After last week's 21% share price gain to PK₨19.70, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 8x in the Basic Materials industry in Pakistan. Total returns to shareholders of 192% over the past three years.
New Risk • Sep 27New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 97% Dividend yield: 10% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. 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: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Market cap is less than US$10m (PK₨482.5m market cap, or US$1.74m). Minor Risks High level of debt (44% net debt to equity). Dividend is not well covered by cash flows (97% cash payout ratio). Revenue is less than US$5m (PK₨1.3b revenue, or US$4.5m).
お知らせ • Sep 23Safe Mix Concrete Limited, Annual General Meeting, Oct 25, 2024Safe Mix Concrete Limited, Annual General Meeting, Oct 25, 2024. Location: at naya nazimabad gymkhana, naya nazimabad, manghopir road., karachi Pakistan
Reported Earnings • Sep 22Full year 2024 earnings released: EPS: PK₨4.46 (vs PK₨5.34 in FY 2023)Full year 2024 results: EPS: PK₨4.46 (down from PK₨5.34 in FY 2023). Revenue: PK₨1.26b (down 12% from FY 2023). Net income: PK₨111.6m (down 16% from FY 2023). Profit margin: 8.8% (down from 9.3% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 29Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to PK₨24.23, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 8x in the Basic Materials industry in Pakistan. Total returns to shareholders of 143% over the past three years.
Valuation Update With 7 Day Price Move • Jul 12Investor sentiment improves as stock rises 23%After last week's 23% share price gain to PK₨23.28, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 8x in the Basic Materials industry in Pakistan. Total returns to shareholders of 128% over the past three years.
Valuation Update With 7 Day Price Move • May 24Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to PK₨16.88, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 7x in the Basic Materials industry in Pakistan. Total returns to shareholders of 72% over the past three years.
Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 24%After last week's 24% share price gain to PK₨17.65, the stock trades at a trailing P/E ratio of 4.8x. Average trailing P/E is 7x in the Basic Materials industry in Pakistan. Total returns to shareholders of 101% over the past three years.
Reported Earnings • May 02Third quarter 2024 earnings released: EPS: PK₨1.44 (vs PK₨1.99 in 3Q 2023)Third quarter 2024 results: EPS: PK₨1.44 (down from PK₨1.99 in 3Q 2023). Revenue: PK₨384.7m (down 8.6% from 3Q 2023). Net income: PK₨36.0m (down 28% from 3Q 2023). Profit margin: 9.4% (down from 12% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
New Risk • Nov 30New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.2% Last year net profit margin: 14% 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: Major Risk Market cap is less than US$10m (PK₨350.0m market cap, or US$1.23m). Minor Risks High level of debt (61% net debt to equity). Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (8.2% net profit margin).
New Risk • Oct 19New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 67% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (PK₨332.5m market cap, or US$1.19m). Minor Risks High level of debt (67% net debt to equity). Share price has been volatile over the past 3 months (7.8% average weekly change).
Valuation Update With 7 Day Price Move • Jul 18Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to PK₨13.89, the stock trades at a trailing P/E ratio of 2x. Average trailing P/E is 6x in the Basic Materials industry in Pakistan. Total returns to shareholders of 43% over the past three years.
Valuation Update With 7 Day Price Move • Jun 16Investor sentiment improves as stock rises 20%After last week's 20% share price gain to PK₨15.50, the stock trades at a trailing P/E ratio of 2.3x. Average trailing P/E is 6x in the Basic Materials industry in Pakistan. Total returns to shareholders of 209% over the past three years.
Board Change • Apr 26Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Director Abdul Sultan was the last director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Apr 03Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Director Abdul Sultan was the last director to join the board, commencing their role in 2022. 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 • Jan 02Investor sentiment improved over the past weekAfter last week's 19% share price gain to PK₨15.46, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 6x in the Basic Materials industry in Pakistan. Total returns to shareholders of 124% over the past three years.
Valuation Update With 7 Day Price Move • Dec 13Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to PK₨12.06, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 6x in the Basic Materials industry in Pakistan. Total returns to shareholders of 72% over the past three years.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Non-Executive Director Khalil Ahmed was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Oct 28Investor sentiment improved over the past weekAfter last week's 22% share price gain to PK₨14.68, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 6x in the Basic Materials industry in Pakistan. Total returns to shareholders of 129% over the past three years.
Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improved over the past weekAfter last week's 23% share price gain to PK₨8.00, the stock trades at a trailing P/E ratio of 38.1x. Average trailing P/E is 5x in the Basic Materials industry in Pakistan. Total returns to shareholders of 38% over the past three years.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Khalil Ahmed was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Oct 06Full year 2021 earnings released: EPS PK₨0.26 (vs PK₨3.95 loss in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: PK₨221.2m (down 46% from FY 2020). Net income: PK₨6.57m (up PK₨105.3m from FY 2020). Profit margin: 3.0% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Reported Earnings • May 02Third quarter 2021 earnings released: EPS PK₨0.11 (vs PK₨2.10 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₨85.5m (up 13% from 3Q 2020). Net income: PK₨2.70m (up PK₨55.3m from 3Q 2020). Profit margin: 3.2% (up from net loss in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 03Second quarter 2021 earnings released: EPS PK₨0.13 (vs PK₨0.84 loss in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: PK₨47.6m (down 58% from 2Q 2020). Net income: PK₨3.19m (up PK₨24.3m from 2Q 2020). Profit margin: 6.7% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 85% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Feb 17New 90-day high: PK₨7.90The company is up 15% from its price of PK₨6.86 on 19 November 2020. The Pakistani market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Basic Materials industry, which is up 26% over the same period.
Is New 90 Day High Low • Jan 21New 90-day high: PK₨7.86The company is up 8.0% from its price of PK₨7.30 on 23 October 2020. The Pakistani market is also up 8.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Basic Materials industry, which is up 6.0% over the same period.
Reported Earnings • Nov 01First quarter earnings releasedOver the last 12 months the company has reported total losses of PK₨89.1m, with losses widening by 87% from the prior year. Total revenue was PK₨331.6m over the last 12 months, down 55% from the prior year.
Reported Earnings • Oct 06Full year earnings released - PK₨3.95 loss per shareOver the last 12 months the company has reported total losses of PK₨98.8m, with losses widening by 230% from the prior year. Total revenue was PK₨409.4m over the last 12 months, down 53% from the prior year.
