View ValuationThatta Cement 将来の成長Future 基準チェック /06現在、 Thatta 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 updatesReported Earnings • May 05Third quarter 2026 earnings released: EPS: PK₨1.88 (vs PK₨1.21 in 3Q 2025)Third quarter 2026 results: EPS: PK₨1.88 (up from PK₨1.21 in 3Q 2025). Revenue: PK₨2.97b (up 38% from 3Q 2025). Net income: PK₨797.9m (up 55% from 3Q 2025). Profit margin: 27% (up from 24% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has increased by 187% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 20Thatta Cement Company Limited to Report Q3, 2026 Results on Apr 27, 2026Thatta Cement Company Limited announced that they will report Q3, 2026 results on Apr 27, 2026Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨60.27, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 8x in the Basic Materials industry in Pakistan. Total returns to shareholders of 2,795% over the past three years.New Risk • Apr 08New 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 8.8% 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: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$100m (PK₨24.7b market cap, or US$88.4m).Reported Earnings • Mar 01Second quarter 2026 earnings released: EPS: PK₨1.76 (vs PK₨1.11 in 2Q 2025)Second quarter 2026 results: EPS: PK₨1.76 (up from PK₨1.11 in 2Q 2025). Revenue: PK₨3.51b (up 56% from 2Q 2025). Net income: PK₨747.6m (up 59% from 2Q 2025). Profit margin: 21% (in line with 2Q 2025). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has increased by 186% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 19Thatta Cement Company Limited to Report First Half, 2026 Results on Feb 26, 2026Thatta Cement Company Limited announced that they will report first half, 2026 results on Feb 26, 2026New Risk • Jan 29New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: PK₨27.2b (US$97.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (46% accrual ratio). Minor Risk Market cap is less than US$100m (PK₨27.2b market cap, or US$97.3m).Reported Earnings • Oct 29First quarter 2026 earnings released: EPS: PK₨1.52 (vs PK₨1.27 in 1Q 2025)First quarter 2026 results: EPS: PK₨1.52 (up from PK₨1.27 in 1Q 2025). Revenue: PK₨2.94b (up 55% from 1Q 2025). Net income: PK₨645.4m (up 20% from 1Q 2025). Profit margin: 22% (down from 28% 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 92% per year but the company’s share price has increased by 225% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Oct 25Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to PK₨72.49, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 10x in the Basic Materials industry in Pakistan. Total returns to shareholders of 2,696% over the past three years.Valuation Update With 7 Day Price Move • Oct 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨86.79, the stock trades at a trailing P/E ratio of 18.1x. Average trailing P/E is 11x in the Basic Materials industry in Pakistan. Total returns to shareholders of 2,995% over the past three years.New Risk • Oct 02New 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: Major Risk High level of non-cash earnings (41% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Shareholders have been diluted in the past year (18% increase in shares outstanding).Valuation Update With 7 Day Price Move • Sep 25Investor sentiment improves as stock rises 21%After last week's 21% share price gain to PK₨62.39, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 12x in the Basic Materials industry in Pakistan. Total returns to shareholders of 2,055% over the past three years.New Risk • Sep 24New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 18% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (41% accrual ratio). Minor Risks Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (PK₨25.7b market cap, or US$91.4m).Reported Earnings • Sep 10Full year 2025 earnings released: EPS: PK₨28.28 (vs PK₨2.98 in FY 2024)Full year 2025 results: EPS: PK₨28.28 (up from PK₨2.98 in FY 2024). Revenue: PK₨9.44b (up 23% from FY 2024). Net income: PK₨2.40b (up 76% from FY 2024). Profit margin: 25% (up from 18% 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 133% per year but the company’s share price has increased by 155% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Sep 09Thatta Cement Company Limited, Annual General Meeting, Oct 07, 2025Thatta Cement Company Limited, Annual General Meeting, Oct 07, 2025. Location: karachi PakistanValuation Update With 7 Day Price Move • Jul 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to PK₨45.42, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 10x in the Basic Materials industry in Pakistan. Total returns to shareholders of 1,621% over the past three years.Buy Or Sell Opportunity • Jul 09Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 82% to PK₨38.76. The fair value is estimated to be PK₨49.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 106%.New Risk • May 08New 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 6.4% 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 High level of non-cash earnings (51% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (PK₨14.3b market cap, or US$50.8m).Valuation Update With 7 Day Price Move • May 08Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to PK₨152, the stock trades at a trailing P/E ratio of 6.2x. Average forward P/E is 8x in the Basic Materials industry in Pakistan. Total returns to shareholders of 873% over the past three years.Reported Earnings • May 02Third quarter 2025 earnings released: EPS: PK₨6.07 (vs PK₨5.38 in 3Q 2024)Third quarter 2025 results: EPS: PK₨6.07 (up from PK₨5.38 in 3Q 2024). Revenue: PK₨2.15b (down 7.2% from 3Q 2024). Net income: PK₨514.1m (up 1.8% from 3Q 2024). Profit margin: 24% (up from 22% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has increased by 123% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Feb 08Second quarter 2025 earnings released: EPS: PK₨5.54 (vs PK₨1.54 in 2Q 2024)Second quarter 2025 results: EPS: PK₨5.54 (up from PK₨1.54 in 2Q 2024). Revenue: PK₨2.25b (up 36% from 2Q 2024). Net income: PK₨469.8m (up 210% from 2Q 2024). Profit margin: 21% (up from 9.1% 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 108% per year and the company’s share price has also increased by 108% per year.Valuation Update With 7 Day Price Move • Dec 25Investor sentiment improves as stock rises 25%After last week's 25% share price gain to PK₨210, the stock trades at a trailing P/E ratio of 10.1x. Average forward P/E is 16x in the Basic Materials industry in Pakistan. Total returns to shareholders of 856% over the past three years.Valuation Update With 7 Day Price Move • Dec 03Investor sentiment improves as stock rises 29%After last week's 29% share price gain to PK₨169, the stock trades at a trailing P/E ratio of 8.1x. Average forward P/E is 16x in the Basic Materials industry in Pakistan. Total returns to shareholders of 683% over the past three years.Valuation Update With 7 Day Price Move • Nov 18Investor sentiment improves as stock rises 19%After last week's 19% share price gain to PK₨128, the stock trades at a trailing P/E ratio of 6.1x. Average forward P/E is 16x in the Basic Materials industry in Pakistan. Total returns to shareholders of 377% over the past three years.Reported Earnings • Oct 30First quarter 2025 earnings released: EPS: PK₨6.34 (vs PK₨1.36 in 1Q 2024)First quarter 2025 results: EPS: PK₨6.34 (up from PK₨1.36 in 1Q 2024). Revenue: PK₨1.90b (up 27% from 1Q 2024). Net income: PK₨537.0m (up 296% from 1Q 2024). Profit margin: 28% (up from 9.1% in 1Q 2024). Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Basic Materials industry in Pakistan. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 54% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 18Thatta Cement Announces Board AppointmentsThatta Cement Company Limited has officially informed the Pakistan Stock Exchange (PSX) about the election of new directors. The disclosure was made following the company's Annual General Meeting, held on October 15, 2024, which saw the election of seven members to its board for the next three years. According to the letter addressed to the General Manager of the PSX, the newly elected directors include Mr. Khawaja Muhammad Salman Younis, Mr. Kamran Munir Ansari, Ms. Naheed Memon, Mr. Saleem Zamindar, Mr. Noor Muhammad, Mr. Alamuddin Bullo, and Ms. Shaista Bano Gilani. These appointments come as part of the regular governance and oversight responsibilities outlined by corporate regulations.Valuation Update With 7 Day Price Move • Oct 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to PK₨93.47, the stock trades at a trailing P/E ratio of 5.8x. Average forward P/E is 6x in the Basic Materials industry in Pakistan. Total returns to shareholders of 305% over the past three years.New Risk • Oct 01New 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 9.6% 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 (9.6% average weekly change). Minor Risk Market cap is less than US$100m (PK₨7.60b market cap, or US$27.4m).Reported Earnings • Sep 28Full year 2024 earnings released: EPS: PK₨14.88 (vs PK₨1.08 in FY 2023)Full year 2024 results: EPS: PK₨14.88 (up from PK₨1.08 in FY 2023). Revenue: PK₨7.68b (up 39% from FY 2023). Net income: PK₨1.36b (up PK₨1.26b from FY 2023). Profit margin: 18% (up from 1.8% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Basic Materials industry in Pakistan. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 27Upcoming dividend of PK₨1.00 per shareEligible shareholders must have bought the stock before 04 October 2024. Payment date: 05 November 2024. Trailing yield: 1.3%. Lower than top quartile of Pakistani dividend payers (12%). Lower than average of industry peers (5.1%).Valuation Update With 7 Day Price Move • Sep 23Investor sentiment improves as stock rises 19%After last week's 19% share price gain to PK₨62.98, the stock trades at a trailing P/E ratio of 4.1x. Average forward P/E is 6x in the Basic Materials industry in Pakistan. Total returns to shareholders of 228% over the past three years.Reported Earnings • Aug 24Full year 2024 earnings released: EPS: PK₨13.97 (vs PK₨2.88 in FY 2023)Full year 2024 results: EPS: PK₨13.97 (up from PK₨2.88 in FY 2023). Revenue: PK₨7.68b (up 39% from FY 2023). Net income: PK₨1.36b (up 375% from FY 2023). Profit margin: 18% (up from 5.2% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 22Thatta Cement Company Limited, Annual General Meeting, Oct 15, 2024Thatta Cement Company Limited, Annual General Meeting, Oct 15, 2024. Location: at beach luxury hotel, m.t.khan road, karachi PakistanValuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to PK₨58.40, 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 136% over the past three years.Valuation Update With 7 Day Price Move • Jul 18Investor sentiment improves as stock rises 17%After last week's 17% share price gain to PK₨42.68, the stock trades at a trailing P/E ratio of 3.8x. Average trailing P/E is 8x in the Basic Materials industry in Pakistan. Total returns to shareholders of 90% over the past three years.New Risk • May 22New 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 6.5% 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 Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (PK₨3.42b market cap, or US$12.3m).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₨32.59, the stock trades at a trailing P/E ratio of 2.7x. Average trailing P/E is 7x in the Basic Materials industry in Pakistan. Total returns to shareholders of 94% over the past three years.Reported Earnings • May 02Third quarter 2024 earnings released: EPS: PK₨5.38 (vs PK₨0.32 in 3Q 2023)Third quarter 2024 results: EPS: PK₨5.38 (up from PK₨0.32 in 3Q 2023). Revenue: PK₨2.31b (up 59% from 3Q 2023). Net income: PK₨504.9m (up PK₨472.9m from 3Q 2023). Profit margin: 22% (up from 2.2% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Mar 05Now 20% undervaluedOver the last 90 days, the stock has risen 5.4% to PK₨18.97. The fair value is estimated to be PK₨23.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Earnings per share has grown by 52%.Reported Earnings • Mar 02Second quarter 2024 earnings released: EPS: PK₨1.54 (vs PK₨1.16 in 2Q 2023)Second quarter 2024 results: EPS: PK₨1.54 (up from PK₨1.16 in 2Q 2023). Revenue: PK₨1.66b (up 11% from 2Q 2023). Net income: PK₨151.7m (up 32% from 2Q 2023). Profit margin: 9.1% (up from 7.7% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jan 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨20.10, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 7x in the Basic Materials industry in Pakistan. Total returns to shareholders of 1.3% over the past three years.お知らせ • Dec 27Thatta Cement Company Appoints Shaista Bono Gilani as New DirectorThatta Cement Company has announced the appointment of Ms. Shaista Bono Gilani as a new Director of the company. This appointment took effect from December 27, 2023, as per the company's latest communication to the Pakistan Stock Exchange. The appointment of Ms. Gilani marks a notable change in the leadership structure of Thatta Cement Company. The company has informed its stakeholders, including the TRE Certificate Holders of the Exchange about this significant development. This move is expected to bring new perspectives and strategies to the company'soperations and governance.Reported Earnings • Oct 06Full year 2023 earnings released: EPS: PK₨3.11 (vs PK₨0.99 in FY 2022)Full year 2023 results: EPS: PK₨3.11 (up from PK₨0.99 in FY 2022). Revenue: PK₨5.53b (up 26% from FY 2022). Net income: PK₨286.9m (up 190% from FY 2022). Profit margin: 5.2% (up from 2.2% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Sep 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨14.57, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 6x in the Basic Materials industry in Pakistan. Total loss to shareholders of 32% over the past three years.Reported Earnings • Mar 03Second quarter 2023 earnings released: EPS: PK₨0.49 (vs PK₨0.32 in 2Q 2022)Second quarter 2023 results: EPS: PK₨0.49 (up from PK₨0.32 in 2Q 2022). Revenue: PK₨1.50b (up 56% from 2Q 2022). Net income: PK₨49.3m (up 53% from 2Q 2022). Profit margin: 3.3% (down from 3.4% in 2Q 2022). The decrease in margin was driven by higher expenses. 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 4% per year, which means it is well ahead of earnings.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Naheed Memon was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 02First quarter 2023 earnings released: PK₨0.65 loss per share (vs PK₨0.18 profit in 1Q 2022)First quarter 2023 results: PK₨0.65 loss per share (down from PK₨0.18 profit in 1Q 2022). Revenue: PK₨995.4m (up 33% from 1Q 2022). Net loss: PK₨64.8m (down 457% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • May 11Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to PK₨15.36, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 6x in the Basic Materials industry in Pakistan. Total returns to shareholders of 65% over the past three years.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Naheed Memon was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Mar 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Naheed Memon was the last independent director to join the board, commencing their role in 2018. 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 • Dec 20Investor sentiment improved over the past weekAfter last week's 19% share price gain to PK₨23.10, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 9x in the Basic Materials industry in Pakistan. Total returns to shareholders of 65% over the past three years.Valuation Update With 7 Day Price Move • Dec 03Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to PK₨22.27, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 9x in the Basic Materials industry in Pakistan. Total returns to shareholders of 50% over the past three years.Board Change • Nov 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Kamran Ansari was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 30First quarter 2022 earnings released: EPS PK₨0.18 (vs PK₨0.05 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: PK₨749.4m (up 31% from 1Q 2021). Net income: PK₨18.1m (up 264% from 1Q 2021). Profit margin: 2.4% (up from 0.9% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 61% 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 • Oct 28Investor sentiment improved over the past weekAfter last week's 16% share price gain to PK₨27.56, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 10x in the Basic Materials industry in Pakistan. Total returns to shareholders of 70% over the past three years.Upcoming Dividend • Sep 29Upcoming dividend of PK₨0.25 per shareEligible shareholders must have bought the stock before 06 October 2021. Payment date: 08 November 2021. Trailing yield: 1.2%. Lower than top quartile of Pakistani dividend payers (10%). Lower than average of industry peers (6.3%).Reported Earnings • Sep 21Full year 2021 earnings released: EPS PK₨2.43 (vs PK₨0.35 loss in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: PK₨2.79b (up 14% from FY 2020). Net income: PK₨242.3m (up PK₨276.9m from FY 2020). Profit margin: 8.7% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • Sep 14Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to PK₨26.34, the stock trades at a trailing P/E ratio of 35.1x. Average trailing P/E is 11x 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 • Aug 17Investor sentiment improved over the past weekAfter last week's 17% share price gain to PK₨25.02, the stock trades at a trailing P/E ratio of 33.3x. Average trailing P/E is 16x in the Basic Materials industry in Pakistan. Total returns to shareholders of 35% over the past three years.Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improved over the past weekAfter last week's 15% share price gain to PK₨22.01, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 19x in the Basic Materials industry in Pakistan. Total returns to shareholders of 7.8% over the past three years.Reported Earnings • Apr 29Third quarter 2021 earnings released: EPS PK₨0.58 (vs PK₨0.04 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₨700.8m (up 22% from 3Q 2020). Net income: PK₨58.2m (up PK₨62.3m from 3Q 2020). Profit margin: 8.3% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.Is New 90 Day High Low • Mar 04New 90-day low: PK₨18.36The company is down 6.0% from its price of PK₨19.54 on 04 December 2020. The Pakistani market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 25% over the same period.Reported Earnings • Feb 25Second quarter 2021 earnings released: EPS PK₨0.96 (vs PK₨0.35 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₨764.6m (down 24% from 2Q 2020). Net income: PK₨95.2m (up 174% from 2Q 2020). Profit margin: 13% (up from 3.5% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 67% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Feb 09New 90-day low: PK₨18.47The company is down 11% from its price of PK₨20.72 on 11 November 2020. The Pakistani market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 10.0% over the same period.Reported Earnings • Nov 03First quarter 2021 earnings released: EPS PK₨0.05The company reported a soft first quarter result with weaker earnings and profit margins, although revenues were improved. First quarter 2021 results: Revenue: PK₨573.1m (up 14% from 1Q 2020). Net income: PK₨4.98m (down 73% from 1Q 2020). Profit margin: 0.9% (down from 3.6% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Oct 15New 90-day high: PK₨25.26The company is up 152% from its price of PK₨10.01 on 17 July 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 16% over the same period.Reported Earnings • Oct 08Full year earnings released - PK₨0.35 loss per shareOver the last 12 months the company has reported total losses of PK₨34.6m, with earnings decreasing by PK₨463.1m from the prior year. Total revenue was PK₨2.44b over the last 12 months, down 41% from the prior year.Reported Earnings • Oct 02Full year earnings released - PK₨0.35 loss per shareOver the last 12 months the company has reported total losses of PK₨34.6m, with earnings decreasing by PK₨463.1m from the prior year. Total revenue was PK₨2.44b over the last 12 months, down 41% from the prior year.Is New 90 Day High Low • Sep 18New 90-day high: PK₨21.56The company is up 157% from its price of PK₨8.40 on 19 June 2020. The Pakistani market is up 24% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 50% over the same period. 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、Thatta 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:THCCL - 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3/31/202612,5683,0661,8312,322N/A12/31/202511,7442,7829632,247N/A9/30/202510,4892,5058232,335N/A6/30/20259,4442,3965822,103N/A3/31/20258,5142,091-611,539N/A12/31/20248,6812,0822,3192,974N/A9/30/20248,0851,7632,8903,457N/A6/30/20247,6841,3623,0913,624N/A3/31/20247,0478092,4162,705N/A12/31/20236,1904029651,174N/A9/30/20236,0272991,0881,155N/A6/30/20235,52799646712N/A3/31/20235,3421221,1911,287N/A12/31/20225,175331,4691,576N/A9/30/20224,64016702815N/A6/30/20224,39499433552N/A3/31/20223,750143-252-173N/A12/31/20213,162192-1270N/A9/30/20212,964255150225N/A6/30/20212,788242507559N/A3/31/20212,39575214264N/A12/31/20202,26713117140N/A9/30/20202,504-48313375N/A6/30/20202,435-35111231N/A3/31/20202,873163218447N/A12/31/20193,307250N/A257N/A9/30/20193,667332N/A564N/A6/30/20194,134430N/A609N/A3/31/20194,296442N/A490N/A12/31/20184,393560N/A818N/A9/30/20183,969579N/A589N/A6/30/20183,794597N/A680N/A3/31/20183,712534N/A489N/A12/31/20173,787538N/A766N/A9/30/20173,980691N/A752N/A6/30/20173,825667N/A607N/A3/31/20173,812799N/A1,251N/A12/31/20163,441730N/A1,061N/A9/30/20162,998632N/A673N/A6/30/20162,856644N/A636N/A3/31/20162,759524N/A349N/A12/31/20152,827553N/A389N/A9/30/20152,939481N/A654N/A6/30/20153,205474N/A649N/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: THCCL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: THCCL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: THCCL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: THCCL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: THCCL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: THCCL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2026/05/20 03:31終値2026/05/20 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Thatta Cement Company 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。2 アナリスト機関Pardeep KumarAkseer Research (Pvt.) Limitednull nullBMA Capital Management Ltd.
Reported Earnings • May 05Third quarter 2026 earnings released: EPS: PK₨1.88 (vs PK₨1.21 in 3Q 2025)Third quarter 2026 results: EPS: PK₨1.88 (up from PK₨1.21 in 3Q 2025). Revenue: PK₨2.97b (up 38% from 3Q 2025). Net income: PK₨797.9m (up 55% from 3Q 2025). Profit margin: 27% (up from 24% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has increased by 187% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 20Thatta Cement Company Limited to Report Q3, 2026 Results on Apr 27, 2026Thatta Cement Company Limited announced that they will report Q3, 2026 results on Apr 27, 2026
Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨60.27, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 8x in the Basic Materials industry in Pakistan. Total returns to shareholders of 2,795% over the past three years.
New Risk • Apr 08New 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 8.8% 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: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$100m (PK₨24.7b market cap, or US$88.4m).
Reported Earnings • Mar 01Second quarter 2026 earnings released: EPS: PK₨1.76 (vs PK₨1.11 in 2Q 2025)Second quarter 2026 results: EPS: PK₨1.76 (up from PK₨1.11 in 2Q 2025). Revenue: PK₨3.51b (up 56% from 2Q 2025). Net income: PK₨747.6m (up 59% from 2Q 2025). Profit margin: 21% (in line with 2Q 2025). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has increased by 186% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 19Thatta Cement Company Limited to Report First Half, 2026 Results on Feb 26, 2026Thatta Cement Company Limited announced that they will report first half, 2026 results on Feb 26, 2026
New Risk • Jan 29New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: PK₨27.2b (US$97.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (46% accrual ratio). Minor Risk Market cap is less than US$100m (PK₨27.2b market cap, or US$97.3m).
Reported Earnings • Oct 29First quarter 2026 earnings released: EPS: PK₨1.52 (vs PK₨1.27 in 1Q 2025)First quarter 2026 results: EPS: PK₨1.52 (up from PK₨1.27 in 1Q 2025). Revenue: PK₨2.94b (up 55% from 1Q 2025). Net income: PK₨645.4m (up 20% from 1Q 2025). Profit margin: 22% (down from 28% 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 92% per year but the company’s share price has increased by 225% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Oct 25Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to PK₨72.49, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 10x in the Basic Materials industry in Pakistan. Total returns to shareholders of 2,696% over the past three years.
Valuation Update With 7 Day Price Move • Oct 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨86.79, the stock trades at a trailing P/E ratio of 18.1x. Average trailing P/E is 11x in the Basic Materials industry in Pakistan. Total returns to shareholders of 2,995% over the past three years.
New Risk • Oct 02New 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: Major Risk High level of non-cash earnings (41% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Shareholders have been diluted in the past year (18% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Sep 25Investor sentiment improves as stock rises 21%After last week's 21% share price gain to PK₨62.39, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 12x in the Basic Materials industry in Pakistan. Total returns to shareholders of 2,055% over the past three years.
New Risk • Sep 24New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 18% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (41% accrual ratio). Minor Risks Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (PK₨25.7b market cap, or US$91.4m).
Reported Earnings • Sep 10Full year 2025 earnings released: EPS: PK₨28.28 (vs PK₨2.98 in FY 2024)Full year 2025 results: EPS: PK₨28.28 (up from PK₨2.98 in FY 2024). Revenue: PK₨9.44b (up 23% from FY 2024). Net income: PK₨2.40b (up 76% from FY 2024). Profit margin: 25% (up from 18% 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 133% per year but the company’s share price has increased by 155% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Sep 09Thatta Cement Company Limited, Annual General Meeting, Oct 07, 2025Thatta Cement Company Limited, Annual General Meeting, Oct 07, 2025. Location: karachi Pakistan
Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to PK₨45.42, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 10x in the Basic Materials industry in Pakistan. Total returns to shareholders of 1,621% over the past three years.
Buy Or Sell Opportunity • Jul 09Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 82% to PK₨38.76. The fair value is estimated to be PK₨49.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 106%.
New Risk • May 08New 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 6.4% 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 High level of non-cash earnings (51% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (PK₨14.3b market cap, or US$50.8m).
Valuation Update With 7 Day Price Move • May 08Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to PK₨152, the stock trades at a trailing P/E ratio of 6.2x. Average forward P/E is 8x in the Basic Materials industry in Pakistan. Total returns to shareholders of 873% over the past three years.
Reported Earnings • May 02Third quarter 2025 earnings released: EPS: PK₨6.07 (vs PK₨5.38 in 3Q 2024)Third quarter 2025 results: EPS: PK₨6.07 (up from PK₨5.38 in 3Q 2024). Revenue: PK₨2.15b (down 7.2% from 3Q 2024). Net income: PK₨514.1m (up 1.8% from 3Q 2024). Profit margin: 24% (up from 22% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has increased by 123% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Feb 08Second quarter 2025 earnings released: EPS: PK₨5.54 (vs PK₨1.54 in 2Q 2024)Second quarter 2025 results: EPS: PK₨5.54 (up from PK₨1.54 in 2Q 2024). Revenue: PK₨2.25b (up 36% from 2Q 2024). Net income: PK₨469.8m (up 210% from 2Q 2024). Profit margin: 21% (up from 9.1% 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 108% per year and the company’s share price has also increased by 108% per year.
Valuation Update With 7 Day Price Move • Dec 25Investor sentiment improves as stock rises 25%After last week's 25% share price gain to PK₨210, the stock trades at a trailing P/E ratio of 10.1x. Average forward P/E is 16x in the Basic Materials industry in Pakistan. Total returns to shareholders of 856% over the past three years.
Valuation Update With 7 Day Price Move • Dec 03Investor sentiment improves as stock rises 29%After last week's 29% share price gain to PK₨169, the stock trades at a trailing P/E ratio of 8.1x. Average forward P/E is 16x in the Basic Materials industry in Pakistan. Total returns to shareholders of 683% over the past three years.
Valuation Update With 7 Day Price Move • Nov 18Investor sentiment improves as stock rises 19%After last week's 19% share price gain to PK₨128, the stock trades at a trailing P/E ratio of 6.1x. Average forward P/E is 16x in the Basic Materials industry in Pakistan. Total returns to shareholders of 377% over the past three years.
Reported Earnings • Oct 30First quarter 2025 earnings released: EPS: PK₨6.34 (vs PK₨1.36 in 1Q 2024)First quarter 2025 results: EPS: PK₨6.34 (up from PK₨1.36 in 1Q 2024). Revenue: PK₨1.90b (up 27% from 1Q 2024). Net income: PK₨537.0m (up 296% from 1Q 2024). Profit margin: 28% (up from 9.1% in 1Q 2024). Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Basic Materials industry in Pakistan. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 54% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 18Thatta Cement Announces Board AppointmentsThatta Cement Company Limited has officially informed the Pakistan Stock Exchange (PSX) about the election of new directors. The disclosure was made following the company's Annual General Meeting, held on October 15, 2024, which saw the election of seven members to its board for the next three years. According to the letter addressed to the General Manager of the PSX, the newly elected directors include Mr. Khawaja Muhammad Salman Younis, Mr. Kamran Munir Ansari, Ms. Naheed Memon, Mr. Saleem Zamindar, Mr. Noor Muhammad, Mr. Alamuddin Bullo, and Ms. Shaista Bano Gilani. These appointments come as part of the regular governance and oversight responsibilities outlined by corporate regulations.
Valuation Update With 7 Day Price Move • Oct 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to PK₨93.47, the stock trades at a trailing P/E ratio of 5.8x. Average forward P/E is 6x in the Basic Materials industry in Pakistan. Total returns to shareholders of 305% over the past three years.
New Risk • Oct 01New 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 9.6% 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 (9.6% average weekly change). Minor Risk Market cap is less than US$100m (PK₨7.60b market cap, or US$27.4m).
Reported Earnings • Sep 28Full year 2024 earnings released: EPS: PK₨14.88 (vs PK₨1.08 in FY 2023)Full year 2024 results: EPS: PK₨14.88 (up from PK₨1.08 in FY 2023). Revenue: PK₨7.68b (up 39% from FY 2023). Net income: PK₨1.36b (up PK₨1.26b from FY 2023). Profit margin: 18% (up from 1.8% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Basic Materials industry in Pakistan. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 27Upcoming dividend of PK₨1.00 per shareEligible shareholders must have bought the stock before 04 October 2024. Payment date: 05 November 2024. Trailing yield: 1.3%. Lower than top quartile of Pakistani dividend payers (12%). Lower than average of industry peers (5.1%).
Valuation Update With 7 Day Price Move • Sep 23Investor sentiment improves as stock rises 19%After last week's 19% share price gain to PK₨62.98, the stock trades at a trailing P/E ratio of 4.1x. Average forward P/E is 6x in the Basic Materials industry in Pakistan. Total returns to shareholders of 228% over the past three years.
Reported Earnings • Aug 24Full year 2024 earnings released: EPS: PK₨13.97 (vs PK₨2.88 in FY 2023)Full year 2024 results: EPS: PK₨13.97 (up from PK₨2.88 in FY 2023). Revenue: PK₨7.68b (up 39% from FY 2023). Net income: PK₨1.36b (up 375% from FY 2023). Profit margin: 18% (up from 5.2% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 22Thatta Cement Company Limited, Annual General Meeting, Oct 15, 2024Thatta Cement Company Limited, Annual General Meeting, Oct 15, 2024. Location: at beach luxury hotel, m.t.khan road, karachi Pakistan
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to PK₨58.40, 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 136% over the past three years.
Valuation Update With 7 Day Price Move • Jul 18Investor sentiment improves as stock rises 17%After last week's 17% share price gain to PK₨42.68, the stock trades at a trailing P/E ratio of 3.8x. Average trailing P/E is 8x in the Basic Materials industry in Pakistan. Total returns to shareholders of 90% over the past three years.
New Risk • May 22New 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 6.5% 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 Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (PK₨3.42b market cap, or US$12.3m).
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₨32.59, the stock trades at a trailing P/E ratio of 2.7x. Average trailing P/E is 7x in the Basic Materials industry in Pakistan. Total returns to shareholders of 94% over the past three years.
Reported Earnings • May 02Third quarter 2024 earnings released: EPS: PK₨5.38 (vs PK₨0.32 in 3Q 2023)Third quarter 2024 results: EPS: PK₨5.38 (up from PK₨0.32 in 3Q 2023). Revenue: PK₨2.31b (up 59% from 3Q 2023). Net income: PK₨504.9m (up PK₨472.9m from 3Q 2023). Profit margin: 22% (up from 2.2% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Mar 05Now 20% undervaluedOver the last 90 days, the stock has risen 5.4% to PK₨18.97. The fair value is estimated to be PK₨23.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Earnings per share has grown by 52%.
Reported Earnings • Mar 02Second quarter 2024 earnings released: EPS: PK₨1.54 (vs PK₨1.16 in 2Q 2023)Second quarter 2024 results: EPS: PK₨1.54 (up from PK₨1.16 in 2Q 2023). Revenue: PK₨1.66b (up 11% from 2Q 2023). Net income: PK₨151.7m (up 32% from 2Q 2023). Profit margin: 9.1% (up from 7.7% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jan 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨20.10, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 7x in the Basic Materials industry in Pakistan. Total returns to shareholders of 1.3% over the past three years.
お知らせ • Dec 27Thatta Cement Company Appoints Shaista Bono Gilani as New DirectorThatta Cement Company has announced the appointment of Ms. Shaista Bono Gilani as a new Director of the company. This appointment took effect from December 27, 2023, as per the company's latest communication to the Pakistan Stock Exchange. The appointment of Ms. Gilani marks a notable change in the leadership structure of Thatta Cement Company. The company has informed its stakeholders, including the TRE Certificate Holders of the Exchange about this significant development. This move is expected to bring new perspectives and strategies to the company'soperations and governance.
Reported Earnings • Oct 06Full year 2023 earnings released: EPS: PK₨3.11 (vs PK₨0.99 in FY 2022)Full year 2023 results: EPS: PK₨3.11 (up from PK₨0.99 in FY 2022). Revenue: PK₨5.53b (up 26% from FY 2022). Net income: PK₨286.9m (up 190% from FY 2022). Profit margin: 5.2% (up from 2.2% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Sep 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨14.57, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 6x in the Basic Materials industry in Pakistan. Total loss to shareholders of 32% over the past three years.
Reported Earnings • Mar 03Second quarter 2023 earnings released: EPS: PK₨0.49 (vs PK₨0.32 in 2Q 2022)Second quarter 2023 results: EPS: PK₨0.49 (up from PK₨0.32 in 2Q 2022). Revenue: PK₨1.50b (up 56% from 2Q 2022). Net income: PK₨49.3m (up 53% from 2Q 2022). Profit margin: 3.3% (down from 3.4% in 2Q 2022). The decrease in margin was driven by higher expenses. 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 4% per year, which means it is well ahead of earnings.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Naheed Memon was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 02First quarter 2023 earnings released: PK₨0.65 loss per share (vs PK₨0.18 profit in 1Q 2022)First quarter 2023 results: PK₨0.65 loss per share (down from PK₨0.18 profit in 1Q 2022). Revenue: PK₨995.4m (up 33% from 1Q 2022). Net loss: PK₨64.8m (down 457% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • May 11Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to PK₨15.36, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 6x in the Basic Materials industry in Pakistan. Total returns to shareholders of 65% over the past three years.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Naheed Memon was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Mar 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Naheed Memon was the last independent director to join the board, commencing their role in 2018. 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 • Dec 20Investor sentiment improved over the past weekAfter last week's 19% share price gain to PK₨23.10, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 9x in the Basic Materials industry in Pakistan. Total returns to shareholders of 65% over the past three years.
Valuation Update With 7 Day Price Move • Dec 03Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to PK₨22.27, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 9x in the Basic Materials industry in Pakistan. Total returns to shareholders of 50% over the past three years.
Board Change • Nov 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Kamran Ansari was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 30First quarter 2022 earnings released: EPS PK₨0.18 (vs PK₨0.05 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: PK₨749.4m (up 31% from 1Q 2021). Net income: PK₨18.1m (up 264% from 1Q 2021). Profit margin: 2.4% (up from 0.9% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 61% 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 • Oct 28Investor sentiment improved over the past weekAfter last week's 16% share price gain to PK₨27.56, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 10x in the Basic Materials industry in Pakistan. Total returns to shareholders of 70% over the past three years.
Upcoming Dividend • Sep 29Upcoming dividend of PK₨0.25 per shareEligible shareholders must have bought the stock before 06 October 2021. Payment date: 08 November 2021. Trailing yield: 1.2%. Lower than top quartile of Pakistani dividend payers (10%). Lower than average of industry peers (6.3%).
Reported Earnings • Sep 21Full year 2021 earnings released: EPS PK₨2.43 (vs PK₨0.35 loss in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: PK₨2.79b (up 14% from FY 2020). Net income: PK₨242.3m (up PK₨276.9m from FY 2020). Profit margin: 8.7% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • Sep 14Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to PK₨26.34, the stock trades at a trailing P/E ratio of 35.1x. Average trailing P/E is 11x 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 • Aug 17Investor sentiment improved over the past weekAfter last week's 17% share price gain to PK₨25.02, the stock trades at a trailing P/E ratio of 33.3x. Average trailing P/E is 16x in the Basic Materials industry in Pakistan. Total returns to shareholders of 35% over the past three years.
Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improved over the past weekAfter last week's 15% share price gain to PK₨22.01, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 19x in the Basic Materials industry in Pakistan. Total returns to shareholders of 7.8% over the past three years.
Reported Earnings • Apr 29Third quarter 2021 earnings released: EPS PK₨0.58 (vs PK₨0.04 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₨700.8m (up 22% from 3Q 2020). Net income: PK₨58.2m (up PK₨62.3m from 3Q 2020). Profit margin: 8.3% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.
Is New 90 Day High Low • Mar 04New 90-day low: PK₨18.36The company is down 6.0% from its price of PK₨19.54 on 04 December 2020. The Pakistani market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 25% over the same period.
Reported Earnings • Feb 25Second quarter 2021 earnings released: EPS PK₨0.96 (vs PK₨0.35 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₨764.6m (down 24% from 2Q 2020). Net income: PK₨95.2m (up 174% from 2Q 2020). Profit margin: 13% (up from 3.5% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 67% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Feb 09New 90-day low: PK₨18.47The company is down 11% from its price of PK₨20.72 on 11 November 2020. The Pakistani market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 10.0% over the same period.
Reported Earnings • Nov 03First quarter 2021 earnings released: EPS PK₨0.05The company reported a soft first quarter result with weaker earnings and profit margins, although revenues were improved. First quarter 2021 results: Revenue: PK₨573.1m (up 14% from 1Q 2020). Net income: PK₨4.98m (down 73% from 1Q 2020). Profit margin: 0.9% (down from 3.6% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Oct 15New 90-day high: PK₨25.26The company is up 152% from its price of PK₨10.01 on 17 July 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 16% over the same period.
Reported Earnings • Oct 08Full year earnings released - PK₨0.35 loss per shareOver the last 12 months the company has reported total losses of PK₨34.6m, with earnings decreasing by PK₨463.1m from the prior year. Total revenue was PK₨2.44b over the last 12 months, down 41% from the prior year.
Reported Earnings • Oct 02Full year earnings released - PK₨0.35 loss per shareOver the last 12 months the company has reported total losses of PK₨34.6m, with earnings decreasing by PK₨463.1m from the prior year. Total revenue was PK₨2.44b over the last 12 months, down 41% from the prior year.
Is New 90 Day High Low • Sep 18New 90-day high: PK₨21.56The company is up 157% from its price of PK₨8.40 on 19 June 2020. The Pakistani market is up 24% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 50% over the same period.