Nishat Power（NPL）株式概要ニシャット・パワー社は、パキスタンで燃料火力発電所の建設、所有、運営、保守を行っている。 詳細NPL ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績1/6財務の健全性5/6配当金2/6報酬株価収益率（ 8.2 x） PK市場（ 9.7 x）を下回っています。今年は黒字化を達成 リスク分析過去5年間で収益は年間13.2%減少しました。 高いレベルの非現金収入 PK市場と比較した過去 3 か月間の株価の変動意味のある時価総額がありません ( PKR25B )+1 さらなるリスクすべてのリスクチェックを見るNPL Community Fair Values Create NarrativeSee what 21 others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValuePK₨Current PricePK₨69.91465.2% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-581m27b2016201920222025202620282031Revenue PK₨3.8bEarnings PK₨1.7bAdvancedSet Fair ValueView all narrativesNishat Power Limited 競合他社Kot Addu PowerSymbol: KASE:KAPCOMarket cap: PK₨23.9bEngro Powergen QadirpurSymbol: KASE:EPQLMarket cap: PK₨7.8bKohinoor EnergySymbol: KASE:KOHEMarket cap: PK₨2.7bHub PowerSymbol: KASE:HUBCMarket cap: PK₨279.4b価格と性能株価の高値、安値、推移の概要Nishat Power過去の株価現在の株価PK₨69.9152週高値PK₨100.4552週安値PK₨33.30ベータ0.711ヶ月の変化-10.39%3ヶ月変化-7.39%1年変化94.19%3年間の変化312.21%5年間の変化238.88%IPOからの変化447.88%最新ニュースReported Earnings • Apr 30Third quarter 2026 earnings released: EPS: PK₨1.95 (vs PK₨1.83 in 3Q 2025)Third quarter 2026 results: EPS: PK₨1.95 (up from PK₨1.83 in 3Q 2025). Revenue: PK₨2.33b (up 38% from 3Q 2025). Net income: PK₨691.0m (up 6.4% from 3Q 2025). Profit margin: 30% (down from 38% in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 61% per year, which means it is well ahead of earnings.New Risk • Apr 30New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 13% per year over the past 5 years. High level of non-cash earnings (21% accrual ratio). Minor Risks Dividend is not well covered by cash flows (dividend per share is over 6x cash flows per share). Market cap is less than US$100m (PK₨26.5b market cap, or US$95.2m).お知らせ • Apr 20Nishat Power Limited to Report Q3, 2026 Results on Apr 28, 2026Nishat Power Limited announced that they will report Q3, 2026 results on Apr 28, 2026Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 22%After last week's 22% share price gain to PK₨77.47, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 7x in the Renewable Energy industry in Asia. Total returns to shareholders of 863% over the past three years.Valuation Update With 7 Day Price Move • Mar 06Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to PK₨68.55, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 8x in the Renewable Energy industry in Asia. Total returns to shareholders of 798% over the past three years.Reported Earnings • Feb 28Second quarter 2026 earnings: EPS misses analyst expectationsSecond quarter 2026 results: EPS: PK₨1.08 (up from PK₨12.47 loss in 2Q 2025). Revenue: PK₨1.14b (up 45% from 2Q 2025). Net income: PK₨384.0m (up PK₨4.80b from 2Q 2025). Profit margin: 34% (up from net loss in 2Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 20%. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 70% per year, which means it is well ahead of earnings.最新情報をもっと見るRecent updatesReported Earnings • Apr 30Third quarter 2026 earnings released: EPS: PK₨1.95 (vs PK₨1.83 in 3Q 2025)Third quarter 2026 results: EPS: PK₨1.95 (up from PK₨1.83 in 3Q 2025). Revenue: PK₨2.33b (up 38% from 3Q 2025). Net income: PK₨691.0m (up 6.4% from 3Q 2025). Profit margin: 30% (down from 38% in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 61% per year, which means it is well ahead of earnings.New Risk • Apr 30New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 13% per year over the past 5 years. High level of non-cash earnings (21% accrual ratio). Minor Risks Dividend is not well covered by cash flows (dividend per share is over 6x cash flows per share). Market cap is less than US$100m (PK₨26.5b market cap, or US$95.2m).お知らせ • Apr 20Nishat Power Limited to Report Q3, 2026 Results on Apr 28, 2026Nishat Power Limited announced that they will report Q3, 2026 results on Apr 28, 2026Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 22%After last week's 22% share price gain to PK₨77.47, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 7x in the Renewable Energy industry in Asia. Total returns to shareholders of 863% over the past three years.Valuation Update With 7 Day Price Move • Mar 06Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to PK₨68.55, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 8x in the Renewable Energy industry in Asia. Total returns to shareholders of 798% over the past three years.Reported Earnings • Feb 28Second quarter 2026 earnings: EPS misses analyst expectationsSecond quarter 2026 results: EPS: PK₨1.08 (up from PK₨12.47 loss in 2Q 2025). Revenue: PK₨1.14b (up 45% from 2Q 2025). Net income: PK₨384.0m (up PK₨4.80b from 2Q 2025). Profit margin: 34% (up from net loss in 2Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 20%. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 70% per year, which means it is well ahead of earnings.New Risk • Feb 19New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: PK₨27.8b (US$99.3m) 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 Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 17% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (PK₨27.8b market cap, or US$99.3m).お知らせ • Feb 19Nishat Power Limited to Report First Half, 2026 Results on Feb 26, 2026Nishat Power Limited announced that they will report first half, 2026 results on Feb 26, 2026Price Target Changed • Jan 01Price target increased by 53% to PK₨63.00Up from PK₨41.20, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of PK₨65.93. Stock is up 84% over the past year. The company is forecast to post earnings per share of PK₨4.43 next year compared to a net loss per share of PK₨2.11 last year.New Risk • Dec 15New 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 7.2% 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 Earnings have declined by 17% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (7.2% average weekly change). Market cap is less than US$100m (PK₨21.9b market cap, or US$78.1m).Reported Earnings • Oct 01Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: PK₨2.11 loss per share (down from PK₨15.22 profit in FY 2024). Revenue: PK₨7.06b (down 69% from FY 2024). Net loss: PK₨746.8m (down 114% from profit in FY 2024). Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 57%. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.お知らせ • Sep 30Nishat Power Limited, Annual General Meeting, Oct 27, 2025Nishat Power Limited, Annual General Meeting, Oct 27, 2025. Location: emporium mall, the nishat hotel, trade anf finanace centre block., near expo centre, abdul haq road, johar town, lahore PakistanReported Earnings • May 02Third quarter 2025 earnings released: EPS: PK₨1.83 (vs PK₨4.35 in 3Q 2024)Third quarter 2025 results: EPS: PK₨1.83 (down from PK₨4.35 in 3Q 2024). Revenue: PK₨1.70b (down 65% from 3Q 2024). Net income: PK₨649.5m (down 58% from 3Q 2024). Profit margin: 38% (up from 32% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings.Declared Dividend • Apr 27Second quarter dividend of PK₨2.00 announcedShareholders will receive a dividend of PK₨2.00. Ex-date: 5th May 2025 Payment date: 29th May 2025 Dividend yield will be 29%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 12x earnings). However, it is covered by cash flows (63% cash payout ratio). The dividend has increased by an average of 9.0% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 1,290% to bring the payout ratio under control. EPS is expected to grow by 63% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio.New Risk • Apr 08New major risk - Revenue and earnings growthEarnings have declined by 0.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.6% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (dividend per share is over 12x earnings per share). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.3% net profit margin). Market cap is less than US$100m (PK₨13.1b market cap, or US$46.7m).New Risk • Mar 02New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 632% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (dividend per share is over 10x earnings per share). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.3% net profit margin). Market cap is less than US$100m (PK₨12.8b market cap, or US$45.6m).Reported Earnings • Mar 02Second quarter 2025 earnings released: PK₨12.47 loss per share (vs PK₨2.42 profit in 2Q 2024)Second quarter 2025 results: PK₨12.47 loss per share (down from PK₨2.42 profit in 2Q 2024). Revenue: PK₨788.2m (down 68% from 2Q 2024). Net loss: PK₨4.41b (down PK₨5.27b from profit in 2Q 2024). Revenue is expected to decline by 1.8% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Asia are expected to grow by 9.9%. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 18%After last week's 18% share price gain to PK₨37.72, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 12x in the Renewable Energy industry in Asia. Total returns to shareholders of 445% over the past three years.Price Target Changed • Nov 30Price target increased by 9.1% to PK₨44.93Up from PK₨41.20, the current price target is an average from 3 analysts. New target price is 41% above last closing price of PK₨31.96. Stock is up 8.9% over the past year. The company is forecast to post earnings per share of PK₨10.74 for next year compared to PK₨15.22 last year.Upcoming Dividend • Nov 03Upcoming dividend of PK₨2.00 per shareEligible shareholders must have bought the stock before 07 November 2024. Payment date: 18 November 2024. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 31%. Within top quartile of Pakistani dividend payers (11%). Higher than average of industry peers (22%).Upcoming Dividend • Oct 08Upcoming dividend of PK₨5.00 per shareEligible shareholders must have bought the stock before 15 October 2024. Payment date: 14 November 2024. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 26%. Within top quartile of Pakistani dividend payers (11%). Higher than average of industry peers (20%).Reported Earnings • Oct 06Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: PK₨15.22 (up from PK₨11.55 in FY 2023). Revenue: PK₨22.5b (down 2.4% from FY 2023). Net income: PK₨5.39b (up 32% from FY 2023). Profit margin: 24% (up from 18% in FY 2023). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 6.5%. Revenue is expected to decline by 17% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Asia are expected to grow by 10%. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 24% per year.お知らせ • Sep 05Nishat Power Limited, Annual General Meeting, Oct 24, 2024Nishat Power Limited, Annual General Meeting, Oct 24, 2024. Location: at the nishat hotel, (emporium mall) trande and finance centre block, near expo centre,abdul haq road, johar town, lahore PakistanDeclared Dividend • Sep 05Dividend of PK₨5.00 announcedShareholders will receive a dividend of PK₨5.00. Ex-date: 22nd October 2024 Payment date: 14th November 2024 Dividend yield will be 23%, which is lower than the industry average of 28%. Sustainability & Growth Dividend is covered by both earnings (52% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 3.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 39% over the next 3 years. However, it would need to fall by 42% to increase the payout ratio to a potentially unsustainable range.New Risk • Sep 03New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 18% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 18% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (PK₨14.0b market cap, or US$50.1m).Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨39.27, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 12x in the Renewable Energy industry in Asia. Total returns to shareholders of 309% over the past three years.Reported Earnings • May 04Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: PK₨4.35 (up from PK₨2.35 in 3Q 2023). Revenue: PK₨4.87b (up 40% from 3Q 2023). Net income: PK₨1.54b (up 85% from 3Q 2023). Profit margin: 32% (up from 24% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 36%. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 15% per year.Reported Earnings • Mar 02Second quarter 2024 earnings released: EPS: PK₨2.42 (vs PK₨3.11 in 2Q 2023)Second quarter 2024 results: EPS: PK₨2.42 (down from PK₨3.11 in 2Q 2023). Revenue: PK₨2.43b (up 8.5% from 2Q 2023). Net income: PK₨858.4m (down 22% from 2Q 2023). Profit margin: 35% (down from 49% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Declared Dividend • Feb 24Dividend of PK₨2.50 announcedShareholders will receive a dividend of PK₨2.50. Ex-date: 28th February 2024 Payment date: 22nd March 2024 Dividend yield will be 18%, which is lower than the industry average of 28%. Sustainability & Growth Dividend is covered by both earnings (38% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 14% over the next 3 years. However, it would need to fall by 57% to increase the payout ratio to a potentially unsustainable range.Price Target Changed • Nov 16Price target increased by 25% to PK₨30.10Up from PK₨24.16, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of PK₨31.24. Stock is up 65% over the past year. The company is forecast to post earnings per share of PK₨14.60 for next year compared to PK₨11.55 last year.Valuation Update With 7 Day Price Move • Nov 14Investor sentiment improves as stock rises 18%After last week's 18% share price gain to PK₨32.13, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 9x in the Renewable Energy industry in Asia. Total returns to shareholders of 161% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at PK₨29.11 per share.New Risk • Oct 18New 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 6.1% 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 Earnings are forecast to decline by an average of 9.2% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (PK₨8.92b market cap, or US$32.2m).Upcoming Dividend • Oct 10Upcoming dividend of PK₨3.00 per share at 26% yieldEligible shareholders must have bought the stock before 17 October 2023. Payment date: 10 November 2023. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 26%. Within top quartile of Pakistani dividend payers (13%). Lower than average of industry peers (31%).Reported Earnings • Oct 05Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: PK₨11.55 (up from PK₨9.38 in FY 2022). Revenue: PK₨23.1b (down 2.6% from FY 2022). Net income: PK₨4.09b (up 23% from FY 2022). Profit margin: 18% (up from 14% in FY 2022). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.1%. Revenue is forecast to grow 3.3% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Renewable Energy industry in Asia. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Price Target Changed • Sep 14Price target decreased by 8.4% to PK₨24.16Down from PK₨26.38, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of PK₨23.57. Stock is up 7.0% over the past year. The company is forecast to post earnings per share of PK₨10.78 for next year compared to PK₨9.38 last year.Buying Opportunity • Aug 23Now 20% undervaluedOver the last 90 days, the stock is up 36%. The fair value is estimated to be PK₨29.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Earnings per share has declined by 12%. Revenue is forecast to decline by 4.4% in 2 years. Earnings is forecast to grow by 7.6% in the next 2 years.Valuation Update With 7 Day Price Move • Aug 11Investor sentiment improves as stock rises 22%After last week's 22% share price gain to PK₨26.97, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 11x in the Renewable Energy industry in Asia. Total returns to shareholders of 88% over the past three years.Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨19.62, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 12x in the Renewable Energy industry in Asia. Total returns to shareholders of 49% over the past three years.Reported Earnings • Apr 30Third quarter 2023 earnings released: EPS: PK₨2.35 (vs PK₨3.22 in 3Q 2022)Third quarter 2023 results: EPS: PK₨2.35 (down from PK₨3.22 in 3Q 2022). Revenue: PK₨3.47b (down 22% from 3Q 2022). Net income: PK₨831.8m (down 27% from 3Q 2022). Profit margin: 24% (down from 26% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 1.6% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Asia are expected to grow by 8.9%. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Buying Opportunity • Feb 22Now 26% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be PK₨23.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has declined by 16%. Revenue is forecast to grow by 4.3% in 2 years. Earnings is forecast to grow by 8.1% in the next 2 years.Major Estimate Revision • Feb 14Consensus EPS estimates increase by 14%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from PK₨8.50 to PK₨9.66. Revenue forecast unchanged at PK₨28.8b. Net income forecast to grow 0.2% next year vs 39% growth forecast for Renewable Energy industry in Pakistan. Consensus price target up from PK₨26.55 to PK₨28.03. Share price rose 9.9% to PK₨19.51 over the past week.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 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 Director Maleeha Bangash was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Upcoming Dividend • Oct 25Upcoming dividend of PK₨2.00 per shareEligible shareholders must have bought the stock before 01 November 2022. Payment date: 24 November 2022. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 25%. Within top quartile of Pakistani dividend payers (12%). Higher than average of industry peers (22%).Price Target Changed • Oct 18Price target decreased to PK₨27.97Down from PK₨30.23, the current price target is an average from 4 analysts. New target price is 44% above last closing price of PK₨19.41. Stock is up 9.7% over the past year. The company is forecast to post earnings per share of PK₨6.70 for next year compared to PK₨9.38 last year.Upcoming Dividend • Sep 30Upcoming dividend of PK₨2.50 per shareEligible shareholders must have bought the stock before 07 October 2022. Payment date: 08 November 2022. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 23%. Within top quartile of Pakistani dividend payers (12%). In line with average of industry peers (21%).Reported Earnings • Sep 21Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: EPS: PK₨9.38 (up from PK₨7.57 in FY 2021). Revenue: PK₨23.7b (up 107% from FY 2021). Net income: PK₨3.32b (up 24% from FY 2021). Profit margin: 14% (down from 23% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.9%. Earnings per share (EPS) missed analyst estimates by 14%. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improved over the past weekAfter last week's 22% share price gain to PK₨27.90, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 13x in the Renewable Energy industry in Asia. Total returns to shareholders of 55% over the past three years.Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improved over the past weekAfter last week's 17% share price gain to PK₨19.39, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 13x in the Renewable Energy industry in Asia. Total loss to shareholders of 12% over the past three years.Reported Earnings • Apr 27Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: PK₨3.22 (up from PK₨1.86 in 3Q 2021). Revenue: PK₨4.43b (up 79% from 3Q 2021). Net income: PK₨1.14b (up 73% from 3Q 2021). Profit margin: 26% (in line with 3Q 2021). Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) also surpassed analyst estimates by 1.1%. Over the next year, revenue is expected to shrink by 33% compared to a 14% growth forecast for the industry in Pakistan. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 10% per year.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 Maleeha Bangash was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Price Target Changed • Apr 22Price target decreased to PK₨35.00Down from PK₨39.00, the current price target is an average from 3 analysts. New target price is 85% above last closing price of PK₨18.90. Stock is down 10% over the past year. The company is forecast to post earnings per share of PK₨7.71 for next year compared to PK₨7.57 last year.Reported Earnings • Feb 24Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: EPS: PK₨2.11 (up from PK₨1.54 in 2Q 2021). Revenue: PK₨4.14b (up 221% from 2Q 2021). Net income: PK₨746.4m (up 37% from 2Q 2021). Profit margin: 18% (down from 42% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is expected to shrink by 21% compared to a 14% growth forecast for the industry in Pakistan. Over the last 3 years on average, earnings per share has fallen by 10% per year and the company’s share price has also fallen by 10% per year.Valuation Update With 7 Day Price Move • Feb 24Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to PK₨17.76, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 3x in the Renewable Energy industry in Pakistan. Total returns to shareholders of 3.1% over the past three years.Major Estimate Revision • Feb 16Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from PK₨7.24 to PK₨8.04. Revenue forecast unchanged at PK₨15.8b. Net income forecast to shrink 0.5% next year vs 23% growth forecast for Renewable Energy industry in Pakistan . Consensus price target down from PK₨41.67 to PK₨39.00. Share price fell 9.2% to PK₨21.27 over the past week.Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improved over the past weekAfter last week's 17% share price gain to PK₨23.42, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 14x in the Renewable Energy industry in Asia. Total returns to shareholders of 17% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at PK₨41.88 per share.Reported Earnings • Oct 23First quarter 2022 earnings released: EPS PK₨2.58 (vs PK₨2.60 in 1Q 2021)The company reported a mediocre first quarter result with weaker profit margins, although earnings were flat and revenues improved. First quarter 2022 results: Revenue: PK₨5.73b (up 39% from 1Q 2021). Net income: PK₨915.1m (flat on 1Q 2021). Profit margin: 16% (down from 22% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.Price Target Changed • Oct 21Price target decreased to PK₨39.50Down from PK₨43.00, the current price target is provided by 1 analyst. New target price is 121% above last closing price of PK₨17.91. Stock is down 22% over the past year. The company is forecast to post earnings per share of PK₨4.93 for next year compared to PK₨7.57 last year.Upcoming Dividend • Oct 08Upcoming dividend of PK₨1.50 per shareEligible shareholders must have bought the stock before 15 October 2021. Payment date: 17 November 2021. Trailing yield: 7.7%. Lower than top quartile of Pakistani dividend payers (10%). Lower than average of industry peers (18%).Reported Earnings • Sep 17Full year 2021 earnings released: EPS PK₨7.57 (vs PK₨13.96 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: PK₨11.4b (down 2.6% from FY 2020). Net income: PK₨2.68b (down 46% from FY 2020). Profit margin: 23% (down from 42% in FY 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Jul 03Investor sentiment improved over the past weekAfter last week's 18% share price gain to PK₨22.28, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 12x in the Renewable Energy industry in Asia. Total loss to shareholders of 3.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at PK₨28.79 per share.Reported Earnings • Apr 24Third quarter 2021 earnings released: EPS PK₨1.86 (vs PK₨3.64 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: PK₨2.47b (up 12% from 3Q 2020). Net income: PK₨658.3m (down 49% from 3Q 2020). Profit margin: 27% (down from 59% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Analyst Estimate Surprise Post Earnings • Feb 15Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 100%. Earnings per share (EPS) exceeded analyst estimates by 3.0%. Over the next year, revenue is expected to shrink by 6.2% compared to a 10% growth forecast for the Renewable Energy industry in Pakistan.Reported Earnings • Feb 14Second quarter 2021 earnings released: EPS PK₨1.54 (vs PK₨3.27 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: PK₨1.29b (down 44% from 2Q 2020). Net income: PK₨545.9m (down 53% from 2Q 2020). Profit margin: 42% (down from 50% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 27% share price gain to PK₨29.32, the stock is trading at a trailing P/E ratio of 2.3x, up from the previous P/E ratio of 1.8x. This compares to an average P/E of 2x in the Renewable Energy industry in Pakistan. Total returns to shareholders over the past three years are 8.7%.Is New 90 Day High Low • Jan 02New 90-day high: PK₨25.38The company is up 14% from its price of PK₨22.21 on 02 October 2020. The Pakistani market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is PK₨24.43 per share.Is New 90 Day High Low • Dec 14New 90-day high: PK₨24.51The company is up 5.0% from its price of PK₨23.40 on 15 September 2020. The Pakistani market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is PK₨24.43 per share.Is New 90 Day High Low • Nov 03New 90-day low: PK₨20.87The company is down 9.0% from its price of PK₨22.97 on 05 August 2020. The Pakistani market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 2.0% over the same period.Reported Earnings • Oct 26First quarter earnings releasedOver the last 12 months the company has reported total profits of PK₨4.53b, up 9.7% from the prior year. Total revenue was PK₨10.9b over the last 12 months, down 26% from the prior year.Analyst Estimate Surprise Post Earnings • Oct 26First-quarter earnings released: Revenue and earnings beat expectationsFirst-quarter revenue exceeded analyst estimates by 4.5% at PK₨4.12b. Earnings per share (EPS) also surpassed analyst estimates by 50% at PK₨2.60. Revenue is expected to shrink by 1.0% over the next year, compared to a 8.0% growth forecast for the Renewable Energy industry in Pakistan.株主還元NPLPK Renewable EnergyPK 市場7D-2.4%1.9%0.9%1Y94.2%29.9%28.3%株主還元を見る業界別リターン: NPL過去 1 年間で29.9 % の収益を上げたPK Renewable Energy業界を上回りました。リターン対市場: NPL過去 1 年間で28.3 % の収益を上げたPK市場を上回りました。価格変動Is NPL's price volatile compared to industry and market?NPL volatilityNPL Average Weekly Movement11.0%Renewable Energy Industry Average Movement6.3%Market Average Movement8.4%10% most volatile stocks in PK Market11.1%10% least volatile stocks in PK Market5.7%安定した株価: NPLの株価は、 PK市場と比較して過去 3 か月間で変動しています。時間の経過による変動: NPLの weekly volatility ( 11% ) は過去 1 年間安定していますが、依然としてPKの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト2007186Ghazanfar Mirzanishatpower.comニシャット・パワー社は、パキスタンで燃料火力発電所の建設、所有、運営、保守を行っている。パキスタンのパンジャブ州テシル・パトキ、カスール県ジャンバー・カランで、レシプロエンジン技術に基づく発電所を運営している。同社は2007年に設立され、パキスタンのラホールに本社を置く。ニシャット・パワー社は、ニシャット・ミルズ社の子会社である。もっと見るNishat Power Limited 基礎のまとめNishat Power の収益と売上を時価総額と比較するとどうか。NPL 基礎統計学時価総額PK₨24.75b収益（TTM）PK₨3.03b売上高(TTM)PK₨6.99b8.2xPER（株価収益率3.5xP/SレシオNPL 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NPL 損益計算書（TTM）収益PK₨6.99b売上原価PK₨5.66b売上総利益PK₨1.32bその他の費用-PK₨1.70b収益PK₨3.03b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）8.54グロス・マージン18.94%純利益率43.29%有利子負債／自己資本比率13.4%NPL 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4.3%現在の配当利回り41%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2026/05/23 11:54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Nishat Power 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。10 アナリスト機関Muhammad AliAKD Researchnull nullAKD Researchnull nullArif Habib Limited7 その他のアナリストを表示
Reported Earnings • Apr 30Third quarter 2026 earnings released: EPS: PK₨1.95 (vs PK₨1.83 in 3Q 2025)Third quarter 2026 results: EPS: PK₨1.95 (up from PK₨1.83 in 3Q 2025). Revenue: PK₨2.33b (up 38% from 3Q 2025). Net income: PK₨691.0m (up 6.4% from 3Q 2025). Profit margin: 30% (down from 38% in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 61% per year, which means it is well ahead of earnings.
New Risk • Apr 30New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 13% per year over the past 5 years. High level of non-cash earnings (21% accrual ratio). Minor Risks Dividend is not well covered by cash flows (dividend per share is over 6x cash flows per share). Market cap is less than US$100m (PK₨26.5b market cap, or US$95.2m).
お知らせ • Apr 20Nishat Power Limited to Report Q3, 2026 Results on Apr 28, 2026Nishat Power Limited announced that they will report Q3, 2026 results on Apr 28, 2026
Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 22%After last week's 22% share price gain to PK₨77.47, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 7x in the Renewable Energy industry in Asia. Total returns to shareholders of 863% over the past three years.
Valuation Update With 7 Day Price Move • Mar 06Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to PK₨68.55, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 8x in the Renewable Energy industry in Asia. Total returns to shareholders of 798% over the past three years.
Reported Earnings • Feb 28Second quarter 2026 earnings: EPS misses analyst expectationsSecond quarter 2026 results: EPS: PK₨1.08 (up from PK₨12.47 loss in 2Q 2025). Revenue: PK₨1.14b (up 45% from 2Q 2025). Net income: PK₨384.0m (up PK₨4.80b from 2Q 2025). Profit margin: 34% (up from net loss in 2Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 20%. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 70% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 30Third quarter 2026 earnings released: EPS: PK₨1.95 (vs PK₨1.83 in 3Q 2025)Third quarter 2026 results: EPS: PK₨1.95 (up from PK₨1.83 in 3Q 2025). Revenue: PK₨2.33b (up 38% from 3Q 2025). Net income: PK₨691.0m (up 6.4% from 3Q 2025). Profit margin: 30% (down from 38% in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 61% per year, which means it is well ahead of earnings.
New Risk • Apr 30New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 13% per year over the past 5 years. High level of non-cash earnings (21% accrual ratio). Minor Risks Dividend is not well covered by cash flows (dividend per share is over 6x cash flows per share). Market cap is less than US$100m (PK₨26.5b market cap, or US$95.2m).
お知らせ • Apr 20Nishat Power Limited to Report Q3, 2026 Results on Apr 28, 2026Nishat Power Limited announced that they will report Q3, 2026 results on Apr 28, 2026
Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 22%After last week's 22% share price gain to PK₨77.47, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 7x in the Renewable Energy industry in Asia. Total returns to shareholders of 863% over the past three years.
Valuation Update With 7 Day Price Move • Mar 06Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to PK₨68.55, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 8x in the Renewable Energy industry in Asia. Total returns to shareholders of 798% over the past three years.
Reported Earnings • Feb 28Second quarter 2026 earnings: EPS misses analyst expectationsSecond quarter 2026 results: EPS: PK₨1.08 (up from PK₨12.47 loss in 2Q 2025). Revenue: PK₨1.14b (up 45% from 2Q 2025). Net income: PK₨384.0m (up PK₨4.80b from 2Q 2025). Profit margin: 34% (up from net loss in 2Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 20%. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 70% per year, which means it is well ahead of earnings.
New Risk • Feb 19New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: PK₨27.8b (US$99.3m) 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 Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 17% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (PK₨27.8b market cap, or US$99.3m).
お知らせ • Feb 19Nishat Power Limited to Report First Half, 2026 Results on Feb 26, 2026Nishat Power Limited announced that they will report first half, 2026 results on Feb 26, 2026
Price Target Changed • Jan 01Price target increased by 53% to PK₨63.00Up from PK₨41.20, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of PK₨65.93. Stock is up 84% over the past year. The company is forecast to post earnings per share of PK₨4.43 next year compared to a net loss per share of PK₨2.11 last year.
New Risk • Dec 15New 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 7.2% 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 Earnings have declined by 17% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (7.2% average weekly change). Market cap is less than US$100m (PK₨21.9b market cap, or US$78.1m).
Reported Earnings • Oct 01Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: PK₨2.11 loss per share (down from PK₨15.22 profit in FY 2024). Revenue: PK₨7.06b (down 69% from FY 2024). Net loss: PK₨746.8m (down 114% from profit in FY 2024). Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 57%. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
お知らせ • Sep 30Nishat Power Limited, Annual General Meeting, Oct 27, 2025Nishat Power Limited, Annual General Meeting, Oct 27, 2025. Location: emporium mall, the nishat hotel, trade anf finanace centre block., near expo centre, abdul haq road, johar town, lahore Pakistan
Reported Earnings • May 02Third quarter 2025 earnings released: EPS: PK₨1.83 (vs PK₨4.35 in 3Q 2024)Third quarter 2025 results: EPS: PK₨1.83 (down from PK₨4.35 in 3Q 2024). Revenue: PK₨1.70b (down 65% from 3Q 2024). Net income: PK₨649.5m (down 58% from 3Q 2024). Profit margin: 38% (up from 32% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings.
Declared Dividend • Apr 27Second quarter dividend of PK₨2.00 announcedShareholders will receive a dividend of PK₨2.00. Ex-date: 5th May 2025 Payment date: 29th May 2025 Dividend yield will be 29%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 12x earnings). However, it is covered by cash flows (63% cash payout ratio). The dividend has increased by an average of 9.0% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 1,290% to bring the payout ratio under control. EPS is expected to grow by 63% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio.
New Risk • Apr 08New major risk - Revenue and earnings growthEarnings have declined by 0.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.6% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (dividend per share is over 12x earnings per share). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.3% net profit margin). Market cap is less than US$100m (PK₨13.1b market cap, or US$46.7m).
New Risk • Mar 02New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 632% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (dividend per share is over 10x earnings per share). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.3% net profit margin). Market cap is less than US$100m (PK₨12.8b market cap, or US$45.6m).
Reported Earnings • Mar 02Second quarter 2025 earnings released: PK₨12.47 loss per share (vs PK₨2.42 profit in 2Q 2024)Second quarter 2025 results: PK₨12.47 loss per share (down from PK₨2.42 profit in 2Q 2024). Revenue: PK₨788.2m (down 68% from 2Q 2024). Net loss: PK₨4.41b (down PK₨5.27b from profit in 2Q 2024). Revenue is expected to decline by 1.8% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Asia are expected to grow by 9.9%. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 18%After last week's 18% share price gain to PK₨37.72, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 12x in the Renewable Energy industry in Asia. Total returns to shareholders of 445% over the past three years.
Price Target Changed • Nov 30Price target increased by 9.1% to PK₨44.93Up from PK₨41.20, the current price target is an average from 3 analysts. New target price is 41% above last closing price of PK₨31.96. Stock is up 8.9% over the past year. The company is forecast to post earnings per share of PK₨10.74 for next year compared to PK₨15.22 last year.
Upcoming Dividend • Nov 03Upcoming dividend of PK₨2.00 per shareEligible shareholders must have bought the stock before 07 November 2024. Payment date: 18 November 2024. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 31%. Within top quartile of Pakistani dividend payers (11%). Higher than average of industry peers (22%).
Upcoming Dividend • Oct 08Upcoming dividend of PK₨5.00 per shareEligible shareholders must have bought the stock before 15 October 2024. Payment date: 14 November 2024. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 26%. Within top quartile of Pakistani dividend payers (11%). Higher than average of industry peers (20%).
Reported Earnings • Oct 06Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: PK₨15.22 (up from PK₨11.55 in FY 2023). Revenue: PK₨22.5b (down 2.4% from FY 2023). Net income: PK₨5.39b (up 32% from FY 2023). Profit margin: 24% (up from 18% in FY 2023). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 6.5%. Revenue is expected to decline by 17% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Asia are expected to grow by 10%. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 24% per year.
お知らせ • Sep 05Nishat Power Limited, Annual General Meeting, Oct 24, 2024Nishat Power Limited, Annual General Meeting, Oct 24, 2024. Location: at the nishat hotel, (emporium mall) trande and finance centre block, near expo centre,abdul haq road, johar town, lahore Pakistan
Declared Dividend • Sep 05Dividend of PK₨5.00 announcedShareholders will receive a dividend of PK₨5.00. Ex-date: 22nd October 2024 Payment date: 14th November 2024 Dividend yield will be 23%, which is lower than the industry average of 28%. Sustainability & Growth Dividend is covered by both earnings (52% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 3.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 39% over the next 3 years. However, it would need to fall by 42% to increase the payout ratio to a potentially unsustainable range.
New Risk • Sep 03New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 18% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 18% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (PK₨14.0b market cap, or US$50.1m).
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨39.27, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 12x in the Renewable Energy industry in Asia. Total returns to shareholders of 309% over the past three years.
Reported Earnings • May 04Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: PK₨4.35 (up from PK₨2.35 in 3Q 2023). Revenue: PK₨4.87b (up 40% from 3Q 2023). Net income: PK₨1.54b (up 85% from 3Q 2023). Profit margin: 32% (up from 24% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 36%. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 15% per year.
Reported Earnings • Mar 02Second quarter 2024 earnings released: EPS: PK₨2.42 (vs PK₨3.11 in 2Q 2023)Second quarter 2024 results: EPS: PK₨2.42 (down from PK₨3.11 in 2Q 2023). Revenue: PK₨2.43b (up 8.5% from 2Q 2023). Net income: PK₨858.4m (down 22% from 2Q 2023). Profit margin: 35% (down from 49% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Feb 24Dividend of PK₨2.50 announcedShareholders will receive a dividend of PK₨2.50. Ex-date: 28th February 2024 Payment date: 22nd March 2024 Dividend yield will be 18%, which is lower than the industry average of 28%. Sustainability & Growth Dividend is covered by both earnings (38% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 14% over the next 3 years. However, it would need to fall by 57% to increase the payout ratio to a potentially unsustainable range.
Price Target Changed • Nov 16Price target increased by 25% to PK₨30.10Up from PK₨24.16, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of PK₨31.24. Stock is up 65% over the past year. The company is forecast to post earnings per share of PK₨14.60 for next year compared to PK₨11.55 last year.
Valuation Update With 7 Day Price Move • Nov 14Investor sentiment improves as stock rises 18%After last week's 18% share price gain to PK₨32.13, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 9x in the Renewable Energy industry in Asia. Total returns to shareholders of 161% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at PK₨29.11 per share.
New Risk • Oct 18New 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 6.1% 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 Earnings are forecast to decline by an average of 9.2% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (PK₨8.92b market cap, or US$32.2m).
Upcoming Dividend • Oct 10Upcoming dividend of PK₨3.00 per share at 26% yieldEligible shareholders must have bought the stock before 17 October 2023. Payment date: 10 November 2023. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 26%. Within top quartile of Pakistani dividend payers (13%). Lower than average of industry peers (31%).
Reported Earnings • Oct 05Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: PK₨11.55 (up from PK₨9.38 in FY 2022). Revenue: PK₨23.1b (down 2.6% from FY 2022). Net income: PK₨4.09b (up 23% from FY 2022). Profit margin: 18% (up from 14% in FY 2022). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.1%. Revenue is forecast to grow 3.3% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Renewable Energy industry in Asia. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Price Target Changed • Sep 14Price target decreased by 8.4% to PK₨24.16Down from PK₨26.38, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of PK₨23.57. Stock is up 7.0% over the past year. The company is forecast to post earnings per share of PK₨10.78 for next year compared to PK₨9.38 last year.
Buying Opportunity • Aug 23Now 20% undervaluedOver the last 90 days, the stock is up 36%. The fair value is estimated to be PK₨29.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Earnings per share has declined by 12%. Revenue is forecast to decline by 4.4% in 2 years. Earnings is forecast to grow by 7.6% in the next 2 years.
Valuation Update With 7 Day Price Move • Aug 11Investor sentiment improves as stock rises 22%After last week's 22% share price gain to PK₨26.97, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 11x in the Renewable Energy industry in Asia. Total returns to shareholders of 88% over the past three years.
Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨19.62, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 12x in the Renewable Energy industry in Asia. Total returns to shareholders of 49% over the past three years.
Reported Earnings • Apr 30Third quarter 2023 earnings released: EPS: PK₨2.35 (vs PK₨3.22 in 3Q 2022)Third quarter 2023 results: EPS: PK₨2.35 (down from PK₨3.22 in 3Q 2022). Revenue: PK₨3.47b (down 22% from 3Q 2022). Net income: PK₨831.8m (down 27% from 3Q 2022). Profit margin: 24% (down from 26% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 1.6% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Asia are expected to grow by 8.9%. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Buying Opportunity • Feb 22Now 26% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be PK₨23.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has declined by 16%. Revenue is forecast to grow by 4.3% in 2 years. Earnings is forecast to grow by 8.1% in the next 2 years.
Major Estimate Revision • Feb 14Consensus EPS estimates increase by 14%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from PK₨8.50 to PK₨9.66. Revenue forecast unchanged at PK₨28.8b. Net income forecast to grow 0.2% next year vs 39% growth forecast for Renewable Energy industry in Pakistan. Consensus price target up from PK₨26.55 to PK₨28.03. Share price rose 9.9% to PK₨19.51 over the past week.
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 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 Director Maleeha Bangash was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Upcoming Dividend • Oct 25Upcoming dividend of PK₨2.00 per shareEligible shareholders must have bought the stock before 01 November 2022. Payment date: 24 November 2022. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 25%. Within top quartile of Pakistani dividend payers (12%). Higher than average of industry peers (22%).
Price Target Changed • Oct 18Price target decreased to PK₨27.97Down from PK₨30.23, the current price target is an average from 4 analysts. New target price is 44% above last closing price of PK₨19.41. Stock is up 9.7% over the past year. The company is forecast to post earnings per share of PK₨6.70 for next year compared to PK₨9.38 last year.
Upcoming Dividend • Sep 30Upcoming dividend of PK₨2.50 per shareEligible shareholders must have bought the stock before 07 October 2022. Payment date: 08 November 2022. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 23%. Within top quartile of Pakistani dividend payers (12%). In line with average of industry peers (21%).
Reported Earnings • Sep 21Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: EPS: PK₨9.38 (up from PK₨7.57 in FY 2021). Revenue: PK₨23.7b (up 107% from FY 2021). Net income: PK₨3.32b (up 24% from FY 2021). Profit margin: 14% (down from 23% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.9%. Earnings per share (EPS) missed analyst estimates by 14%. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improved over the past weekAfter last week's 22% share price gain to PK₨27.90, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 13x in the Renewable Energy industry in Asia. Total returns to shareholders of 55% over the past three years.
Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improved over the past weekAfter last week's 17% share price gain to PK₨19.39, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 13x in the Renewable Energy industry in Asia. Total loss to shareholders of 12% over the past three years.
Reported Earnings • Apr 27Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: PK₨3.22 (up from PK₨1.86 in 3Q 2021). Revenue: PK₨4.43b (up 79% from 3Q 2021). Net income: PK₨1.14b (up 73% from 3Q 2021). Profit margin: 26% (in line with 3Q 2021). Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) also surpassed analyst estimates by 1.1%. Over the next year, revenue is expected to shrink by 33% compared to a 14% growth forecast for the industry in Pakistan. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 10% per year.
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 Maleeha Bangash was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Price Target Changed • Apr 22Price target decreased to PK₨35.00Down from PK₨39.00, the current price target is an average from 3 analysts. New target price is 85% above last closing price of PK₨18.90. Stock is down 10% over the past year. The company is forecast to post earnings per share of PK₨7.71 for next year compared to PK₨7.57 last year.
Reported Earnings • Feb 24Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: EPS: PK₨2.11 (up from PK₨1.54 in 2Q 2021). Revenue: PK₨4.14b (up 221% from 2Q 2021). Net income: PK₨746.4m (up 37% from 2Q 2021). Profit margin: 18% (down from 42% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is expected to shrink by 21% compared to a 14% growth forecast for the industry in Pakistan. Over the last 3 years on average, earnings per share has fallen by 10% per year and the company’s share price has also fallen by 10% per year.
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to PK₨17.76, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 3x in the Renewable Energy industry in Pakistan. Total returns to shareholders of 3.1% over the past three years.
Major Estimate Revision • Feb 16Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from PK₨7.24 to PK₨8.04. Revenue forecast unchanged at PK₨15.8b. Net income forecast to shrink 0.5% next year vs 23% growth forecast for Renewable Energy industry in Pakistan . Consensus price target down from PK₨41.67 to PK₨39.00. Share price fell 9.2% to PK₨21.27 over the past week.
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improved over the past weekAfter last week's 17% share price gain to PK₨23.42, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 14x in the Renewable Energy industry in Asia. Total returns to shareholders of 17% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at PK₨41.88 per share.
Reported Earnings • Oct 23First quarter 2022 earnings released: EPS PK₨2.58 (vs PK₨2.60 in 1Q 2021)The company reported a mediocre first quarter result with weaker profit margins, although earnings were flat and revenues improved. First quarter 2022 results: Revenue: PK₨5.73b (up 39% from 1Q 2021). Net income: PK₨915.1m (flat on 1Q 2021). Profit margin: 16% (down from 22% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.
Price Target Changed • Oct 21Price target decreased to PK₨39.50Down from PK₨43.00, the current price target is provided by 1 analyst. New target price is 121% above last closing price of PK₨17.91. Stock is down 22% over the past year. The company is forecast to post earnings per share of PK₨4.93 for next year compared to PK₨7.57 last year.
Upcoming Dividend • Oct 08Upcoming dividend of PK₨1.50 per shareEligible shareholders must have bought the stock before 15 October 2021. Payment date: 17 November 2021. Trailing yield: 7.7%. Lower than top quartile of Pakistani dividend payers (10%). Lower than average of industry peers (18%).
Reported Earnings • Sep 17Full year 2021 earnings released: EPS PK₨7.57 (vs PK₨13.96 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: PK₨11.4b (down 2.6% from FY 2020). Net income: PK₨2.68b (down 46% from FY 2020). Profit margin: 23% (down from 42% in FY 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Jul 03Investor sentiment improved over the past weekAfter last week's 18% share price gain to PK₨22.28, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 12x in the Renewable Energy industry in Asia. Total loss to shareholders of 3.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at PK₨28.79 per share.
Reported Earnings • Apr 24Third quarter 2021 earnings released: EPS PK₨1.86 (vs PK₨3.64 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: PK₨2.47b (up 12% from 3Q 2020). Net income: PK₨658.3m (down 49% from 3Q 2020). Profit margin: 27% (down from 59% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Analyst Estimate Surprise Post Earnings • Feb 15Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 100%. Earnings per share (EPS) exceeded analyst estimates by 3.0%. Over the next year, revenue is expected to shrink by 6.2% compared to a 10% growth forecast for the Renewable Energy industry in Pakistan.
Reported Earnings • Feb 14Second quarter 2021 earnings released: EPS PK₨1.54 (vs PK₨3.27 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: PK₨1.29b (down 44% from 2Q 2020). Net income: PK₨545.9m (down 53% from 2Q 2020). Profit margin: 42% (down from 50% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 27% share price gain to PK₨29.32, the stock is trading at a trailing P/E ratio of 2.3x, up from the previous P/E ratio of 1.8x. This compares to an average P/E of 2x in the Renewable Energy industry in Pakistan. Total returns to shareholders over the past three years are 8.7%.
Is New 90 Day High Low • Jan 02New 90-day high: PK₨25.38The company is up 14% from its price of PK₨22.21 on 02 October 2020. The Pakistani market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is PK₨24.43 per share.
Is New 90 Day High Low • Dec 14New 90-day high: PK₨24.51The company is up 5.0% from its price of PK₨23.40 on 15 September 2020. The Pakistani market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is PK₨24.43 per share.
Is New 90 Day High Low • Nov 03New 90-day low: PK₨20.87The company is down 9.0% from its price of PK₨22.97 on 05 August 2020. The Pakistani market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 2.0% over the same period.
Reported Earnings • Oct 26First quarter earnings releasedOver the last 12 months the company has reported total profits of PK₨4.53b, up 9.7% from the prior year. Total revenue was PK₨10.9b over the last 12 months, down 26% from the prior year.
Analyst Estimate Surprise Post Earnings • Oct 26First-quarter earnings released: Revenue and earnings beat expectationsFirst-quarter revenue exceeded analyst estimates by 4.5% at PK₨4.12b. Earnings per share (EPS) also surpassed analyst estimates by 50% at PK₨2.60. Revenue is expected to shrink by 1.0% over the next year, compared to a 8.0% growth forecast for the Renewable Energy industry in Pakistan.
