View Future GrowthMacpac Films 과거 순이익 실적과거 기준 점검 4/6Macpac Films의 수입은 연평균 -10.8%의 비율로 감소해 온 반면, Packaging 산업은 수입이 연평균 7.6% 증가했습니다. 매출은 연평균 13.8%의 비율로 증가해 왔습니다. Macpac Films의 자기자본이익률은 5.4%이고 순이익률은 2%입니다.핵심 정보-10.81%순이익 성장률-10.82%주당순이익(EPS) 성장률Packaging 산업 성장률21.94%매출 성장률13.76%자기자본이익률5.43%순이익률1.96%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • May 05Third quarter 2026 earnings released: EPS: PK₨1.83 (vs PK₨1.03 in 3Q 2025)Third quarter 2026 results: EPS: PK₨1.83 (up from PK₨1.03 in 3Q 2025). Revenue: PK₨1.87b (up 21% from 3Q 2025). Net income: PK₨108.6m (up 78% from 3Q 2025). Profit margin: 5.8% (up from 4.0% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.공시 • Apr 21Macpac Films Limited to Report Q3, 2026 Results on Apr 28, 2026Macpac Films Limited announced that they will report Q3, 2026 results on Apr 28, 2026Reported Earnings • Feb 14Second quarter 2026 earnings released: EPS: PK₨0.42 (vs PK₨0.07 in 2Q 2025)Second quarter 2026 results: EPS: PK₨0.42 (up from PK₨0.07 in 2Q 2025). Revenue: PK₨1.69b (up 16% from 2Q 2025). Net income: PK₨24.7m (up 460% from 2Q 2025). Profit margin: 1.5% (up from 0.3% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.공시 • Feb 03Macpac Films Limited to Report Q2, 2026 Results on Feb 10, 2026Macpac Films Limited announced that they will report Q2, 2026 results on Feb 10, 2026Reported Earnings • Nov 02First quarter 2026 earnings released: PK₨0.33 loss per share (vs PK₨0.13 profit in 1Q 2025)First quarter 2026 results: PK₨0.33 loss per share (down from PK₨0.13 profit in 1Q 2025). Revenue: PK₨1.37b (down 7.0% from 1Q 2025). Net loss: PK₨19.3m (down 359% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.Reported Earnings • Sep 07Full year 2025 earnings released: EPS: PK₨1.44 (vs PK₨4.35 in FY 2024)Full year 2025 results: EPS: PK₨1.44 (down from PK₨4.35 in FY 2024). Revenue: PK₨5.99b (up 6.7% from FY 2024). Net income: PK₨85.3m (down 67% from FY 2024). Profit margin: 1.4% (down from 4.6% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.모든 업데이트 보기Recent updatesReported Earnings • May 05Third quarter 2026 earnings released: EPS: PK₨1.83 (vs PK₨1.03 in 3Q 2025)Third quarter 2026 results: EPS: PK₨1.83 (up from PK₨1.03 in 3Q 2025). Revenue: PK₨1.87b (up 21% from 3Q 2025). Net income: PK₨108.6m (up 78% from 3Q 2025). Profit margin: 5.8% (up from 4.0% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Apr 30Investor sentiment improves as stock rises 26%After last week's 26% share price gain to PK₨29.36, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 8x in the Packaging industry in Pakistan. Total returns to shareholders of 119% over the past three years.공시 • Apr 21Macpac Films Limited to Report Q3, 2026 Results on Apr 28, 2026Macpac Films Limited announced that they will report Q3, 2026 results on Apr 28, 2026Valuation Update With 7 Day Price Move • Feb 23Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to PK₨23.49, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 10x in the Packaging industry in Pakistan. Total returns to shareholders of 76% over the past three years.Reported Earnings • Feb 14Second quarter 2026 earnings released: EPS: PK₨0.42 (vs PK₨0.07 in 2Q 2025)Second quarter 2026 results: EPS: PK₨0.42 (up from PK₨0.07 in 2Q 2025). Revenue: PK₨1.69b (up 16% from 2Q 2025). Net income: PK₨24.7m (up 460% from 2Q 2025). Profit margin: 1.5% (up from 0.3% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Feb 03Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to PK₨32.85, the stock trades at a trailing P/E ratio of 33.3x. Average trailing P/E is 13x in the Packaging industry in Pakistan. Total returns to shareholders of 156% over the past three years.공시 • Feb 03Macpac Films Limited to Report Q2, 2026 Results on Feb 10, 2026Macpac Films Limited announced that they will report Q2, 2026 results on Feb 10, 2026Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improves as stock rises 30%After last week's 30% share price gain to PK₨35.40, the stock trades at a trailing P/E ratio of 35.9x. Average trailing P/E is 13x in the Packaging industry in Pakistan. Total returns to shareholders of 165% over the past three years.New Risk • Jan 20New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Pakistani stocks, typically moving 8.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$10m (PK₨1.91b market cap, or US$6.82m). Minor Risk Profit margins are more than 30% lower than last year (1.0% net profit margin).공시 • Jan 03Shahzaib Tariq to Leave Macpac Films Limited as Chief Financial OfficerMacpac Films Limited informed that Mr. Shahzaib Tariq, Chief Financial Officer, has indicated that he will be leaving Macpac Films Limited to pursue other opportunities. An announcement with regard to the appointment of a new Chief Financial Officer will be made in due course.Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to PK₨28.94, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 13x in the Packaging industry in Pakistan. Total returns to shareholders of 139% over the past three years.Reported Earnings • Nov 02First quarter 2026 earnings released: PK₨0.33 loss per share (vs PK₨0.13 profit in 1Q 2025)First quarter 2026 results: PK₨0.33 loss per share (down from PK₨0.13 profit in 1Q 2025). Revenue: PK₨1.37b (down 7.0% from 1Q 2025). Net loss: PK₨19.3m (down 359% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Oct 30Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to PK₨23.00, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 13x in the Packaging industry in Pakistan. Total returns to shareholders of 81% over the past three years.Valuation Update With 7 Day Price Move • Oct 10Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to PK₨26.17, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 12x in the Packaging industry in Pakistan. Total returns to shareholders of 109% over the past three years.Upcoming Dividend • Oct 08Upcoming dividend of PK₨0.50 per shareEligible shareholders must have bought the stock before 15 October 2025. Payment date: 14 November 2025. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Pakistani dividend payers (7.3%). Lower than average of industry peers (2.9%).Reported Earnings • Sep 07Full year 2025 earnings released: EPS: PK₨1.44 (vs PK₨4.35 in FY 2024)Full year 2025 results: EPS: PK₨1.44 (down from PK₨4.35 in FY 2024). Revenue: PK₨5.99b (up 6.7% from FY 2024). Net income: PK₨85.3m (down 67% from FY 2024). Profit margin: 1.4% (down from 4.6% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.Declared Dividend • Sep 03Dividend reduced to PK₨0.50Dividend of PK₨0.50 is 60% lower than last year. Ex-date: 15th October 2025 Payment date: 14th November 2025 Dividend yield will be 1.6%, which is lower than the industry average of 7.2%. Sustainability & Growth Dividend is covered by both earnings (86% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 27% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Sep 02+ 1 more updateMacpac Films Limited, Annual General Meeting, Oct 24, 2025Macpac Films Limited, Annual General Meeting, Oct 24, 2025. Location: karachi PakistanValuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 28%After last week's 28% share price gain to PK₨40.29, the stock trades at a trailing P/E ratio of 27.7x. Average trailing P/E is 9x in the Packaging industry in Pakistan. Total returns to shareholders of 199% over the past three years.Valuation Update With 7 Day Price Move • Jul 30Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to PK₨40.59, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 9x in the Packaging industry in Pakistan. Total returns to shareholders of 203% over the past three years.Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨65.00, the stock trades at a trailing P/E ratio of 44.7x. Average trailing P/E is 9x in the Packaging industry in Pakistan. Total returns to shareholders of 405% over the past three years.Valuation Update With 7 Day Price Move • Jun 23Investor sentiment improves as stock rises 32%After last week's 32% share price gain to PK₨32.15, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 9x in the Packaging industry in Pakistan. Total returns to shareholders of 146% over the past three years.New Risk • Jun 19New 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 Market cap is less than US$10m (PK₨1.92b market cap, or US$6.78m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.8% average weekly change). Profit margins are more than 30% lower than last year (1.5% net profit margin).Buy Or Sell Opportunity • Jun 13Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 45% to PK₨22.15. The fair value is estimated to be PK₨17.48, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 13%.Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨19.37, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 9x in the Packaging industry in Pakistan. Total returns to shareholders of 64% over the past three years.Buy Or Sell Opportunity • May 08Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 20% to PK₨13.33. The fair value is estimated to be PK₨16.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 13%.Reported Earnings • Mar 01Second quarter 2025 earnings released: EPS: PK₨0.07 (vs PK₨1.04 in 2Q 2024)Second quarter 2025 results: EPS: PK₨0.07 (down from PK₨1.04 in 2Q 2024). Revenue: PK₨1.46b (up 1.6% from 2Q 2024). Net income: PK₨4.42m (down 93% from 2Q 2024). Profit margin: 0.3% (down from 4.3% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 30First quarter 2025 earnings released: EPS: PK₨0.13 (vs PK₨1.97 in 1Q 2024)First quarter 2025 results: EPS: PK₨0.13 (down from PK₨1.97 in 1Q 2024). Revenue: PK₨1.48b (flat on 1Q 2024). Net income: PK₨7.45m (down 94% from 1Q 2024). Profit margin: 0.5% (down from 8.0% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Upcoming Dividend • Oct 08Upcoming dividend of PK₨1.25 per shareEligible shareholders must have bought the stock before 15 October 2024. Payment date: 14 November 2024. Trailing yield: 6.9%. Lower than top quartile of Pakistani dividend payers (11%). Higher than average of industry peers (4.3%).Reported Earnings • Sep 21Full year 2024 earnings released: EPS: PK₨4.35 (vs PK₨6.40 in FY 2023)Full year 2024 results: EPS: PK₨4.35 (down from PK₨6.40 in FY 2023). Revenue: PK₨5.62b (up 2.1% from FY 2023). Net income: PK₨257.7m (down 32% from FY 2023). Profit margin: 4.6% (down from 6.9% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.공시 • Sep 20Macpac Films Limited, Annual General Meeting, Oct 24, 2024Macpac Films Limited, Annual General Meeting, Oct 24, 2024. Location: karachi PakistanDeclared Dividend • Sep 20Dividend reduced to PK₨1.25Dividend of PK₨1.25 is 17% lower than last year. Ex-date: 15th October 2024 Payment date: 14th November 2024 Dividend yield will be 6.7%, which is lower than the industry average of 7.2%. Sustainability & Growth Dividend is covered by earnings (28% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.6% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 61% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Aug 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨19.62, the stock trades at a trailing P/E ratio of 3.6x. Average trailing P/E is 11x in the Packaging industry in Pakistan. Total loss to shareholders of 12% over the past three years.Reported Earnings • May 02Third quarter 2024 earnings released: EPS: PK₨1.11 (vs PK₨2.21 in 3Q 2023)Third quarter 2024 results: EPS: PK₨1.11 (down from PK₨2.21 in 3Q 2023). Revenue: PK₨1.37b (up 1.3% from 3Q 2023). Net income: PK₨66.1m (down 50% from 3Q 2023). Profit margin: 4.8% (down from 9.7% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 03Second quarter 2024 earnings released: EPS: PK₨1.04 (vs PK₨1.78 in 2Q 2023)Second quarter 2024 results: EPS: PK₨1.04 (down from PK₨1.78 in 2Q 2023). Revenue: PK₨1.43b (up 6.1% from 2Q 2023). Net income: PK₨61.6m (down 42% from 2Q 2023). Profit margin: 4.3% (down from 7.8% 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 45% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Upcoming Dividend • Sep 29Upcoming dividend of PK₨1.50 per share at 8.8% yieldEligible shareholders must have bought the stock before 06 October 2023. Payment date: 06 November 2023. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 8.8%. Lower than top quartile of Pakistani dividend payers (14%). Higher than average of industry peers (6.8%).Reported Earnings • Sep 26Full year 2023 earnings released: EPS: PK₨6.39 (vs PK₨3.11 in FY 2022)Full year 2023 results: EPS: PK₨6.39 (up from PK₨3.11 in FY 2022). Revenue: PK₨5.51b (up 32% from FY 2022). Net income: PK₨379.2m (up 106% from FY 2022). Profit margin: 6.9% (up from 4.4% 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 63% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 30Third quarter 2023 earnings released: EPS: PK₨2.21 (vs PK₨1.48 in 3Q 2022)Third quarter 2023 results: EPS: PK₨2.21 (up from PK₨1.48 in 3Q 2022). Revenue: PK₨1.35b (up 26% from 3Q 2022). Net income: PK₨131.2m (up 50% from 3Q 2022). Profit margin: 9.7% (up from 8.1% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.공시 • Feb 17Macpac Films Limited Announces Board ChangesMacpac Films Limited announced the appointment of Mr. Shabbir Hamza Khandwala as Director of the company in place of Mr. Muhammad Omar Sabir with effect from February 16, 2023.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 Hafsa Abbasy was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 29First quarter 2023 earnings released: EPS: PK₨1.12 (vs PK₨0.48 in 1Q 2022)First quarter 2023 results: EPS: PK₨1.12 (up from PK₨0.48 in 1Q 2022). Revenue: PK₨1.24b (up 36% from 1Q 2022). Net income: PK₨66.5m (up 132% from 1Q 2022). Profit margin: 5.4% (up from 3.1% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 28Upcoming dividend of PK₨1.00 per shareEligible shareholders must have bought the stock before 05 October 2022. Payment date: 04 November 2022. Trailing yield: 6.2%. Lower than top quartile of Pakistani dividend payers (12%). Lower than average of industry peers (7.7%).Reported Earnings • May 02Third quarter 2022 earnings released: EPS: PK₨1.48 (vs PK₨1.07 in 3Q 2021)Third quarter 2022 results: EPS: PK₨1.48 (up from PK₨1.07 in 3Q 2021). Revenue: PK₨1.07b (up 37% from 3Q 2021). Net income: PK₨87.5m (up 38% from 3Q 2021). Profit margin: 8.1% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. CEO & Director Najm Ul Hassan was the last 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.Reported Earnings • Mar 05Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: PK₨0.96 (up from PK₨0.87 in 2Q 2021). Revenue: PK₨1.01b (up 37% from 2Q 2021). Net income: PK₨56.7m (up 10.0% from 2Q 2021). Profit margin: 5.6% (down from 7.0% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 03First quarter 2022 earnings released: EPS PK₨0.48 (vs PK₨0.68 in 1Q 2021)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: PK₨909.8m (up 29% from 1Q 2021). Net income: PK₨28.6m (down 29% from 1Q 2021). Profit margin: 3.1% (down from 5.7% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Reported Earnings • Sep 25Full year 2021 earnings released: EPS PK₨3.15 (vs PK₨1.06 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₨3.03b (up 40% from FY 2020). Net income: PK₨186.7m (up PK₨249.5m from FY 2020). Profit margin: 6.2% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 51% 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 • Jul 26Investor sentiment improved over the past weekAfter last week's 16% share price gain to PK₨26.40, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 13x in the Packaging industry in Pakistan. Total loss to shareholders of 11% over the past three years.Reported Earnings • Apr 25Third quarter 2021 earnings released: EPS PK₨1.07 (vs PK₨0.82 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₨782.3m (up 45% from 3Q 2020). Net income: PK₨63.4m (up PK₨111.7m from 3Q 2020). Profit margin: 8.1% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 8% 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 • Apr 13Investor sentiment improved over the past weekAfter last week's 15% share price gain to PK₨19.89, the stock trades at a trailing P/E ratio of 30.2x. Average trailing P/E is 15x in the Packaging industry in Pakistan. Total loss to shareholders of 26% over the past three years.Valuation Update With 7 Day Price Move • Mar 12Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to PK₨17.50, the stock is trading at a trailing P/E ratio of 26.5x, down from the previous P/E ratio of 31.6x. This compares to an average P/E of 15x in the Packaging industry in Pakistan. Total return to shareholders over the past three years is a loss of 8.4%.Is New 90 Day High Low • Feb 12New 90-day low: PK₨21.60The company is down 12% from its price of PK₨24.59 on 13 November 2020. The Pakistani market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is down 7.0% over the same period.Executive Departure • Jan 29Chief Financial Officer has left the companyOn the 25th of January, Hasan Tariq's tenure as Chief Financial Officer ended after less than a year in the role. We don't have any record of a personal shareholding under Hasan's name. A total of 3 executives have left over the last 12 months.Is New 90 Day High Low • Jan 18New 90-day high: PK₨27.13The company is up 32% from its price of PK₨20.52 on 20 October 2020. The Pakistani market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 19% over the same period.Valuation Update With 7 Day Price Move • Jan 18Investor sentiment improved over the past weekAfter last week's 21% share price gain to PK₨27.13, the stock is trading at a trailing P/E ratio of 75.6x, up from the previous P/E ratio of 62.7x. This compares to an average P/E of 22x in the Packaging industry in Pakistan. Total returns to shareholders over the past three years are 42%.Is New 90 Day High Low • Oct 30New 90-day low: PK₨18.10The company is down 8.0% from its price of PK₨19.65 on 30 July 2020. The Pakistani market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 29% over the same period.Reported Earnings • Oct 09Full year earnings released - PK₨1.06 loss per shareOver the last 12 months the company has reported total losses of PK₨62.9m, with losses narrowing by 73% from the prior year. Total revenue was PK₨2.16b over the last 12 months, down 10% from the prior year.Reported Earnings • Oct 02Full year earnings released - PK₨1.06 loss per shareOver the last 12 months the company has reported total losses of PK₨62.9m, with losses narrowing by 73% from the prior year. Total revenue was PK₨2.16b over the last 12 months, down 10% from the prior year.공시 • Sep 22Macpac Films Limited Announces Cessation of Mansoor Younus as Independent DirectorMACPAC Films Limited informed that Mr. Mansoor Younus has ceased to be the Independent Director of the company with effect from August 13, 2020.매출 및 비용 세부 내역Macpac Films가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이KASE:MACFL 매출, 비용 및 순이익 (PKR Millions)날짜매출순이익일반관리비연구개발비31 Mar 266,460126608031 Dec 256,13179582030 Sep 255,89258551030 Jun 255,99585525031 Mar 255,82986533031 Dec 245,65691508030 Sep 245,632148482030 Jun 245,619258459031 Mar 245,827320465031 Dec 235,809385414030 Sep 235,727429369030 Jun 235,505379337031 Mar 235,124315269031 Dec 224,848271256030 Sep 224,505222240030 Jun 224,174184212031 Mar 223,793204203031 Dec 213,501180199030 Sep 213,231175178030 Jun 213,025187177031 Mar 212,696151165031 Dec 202,45439137030 Sep 202,32321131030 Jun 202,165-63116031 Mar 202,325-195108031 Dec 192,472-162116030 Sep 192,532-233118030 Jun 192,415-234119031 Mar 192,328-80115031 Dec 182,241-56106030 Sep 182,078-9100030 Jun 182,12555103031 Mar 181,97857105031 Dec 171,79766104030 Sep 171,66479103030 Jun 171,5167894031 Mar 171,4397894031 Dec 161,42210288030 Sep 161,41410282030 Jun 161,3108679031 Mar 161,3629073031 Dec 151,3048569030 Sep 151,3006065030 Jun 151,34362620양질의 수익: MACFL는 고품질 수익을 보유하고 있습니다.이익 마진 증가: MACFL의 현재 순 이익률 (2%)은 지난해 (1.5%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: MACFL의 수익은 지난 5년 동안 연평균 10.8% 감소했습니다.성장 가속화: 지난 1년간 MACFL 의 수익 증가율(46.7%)은 연간 평균(-10.8%)을 초과합니다.수익 대 산업: MACFL의 지난 1년 수익 증가율(46.7%)은 Packaging 업계의 -8.9%를 상회했습니다.자기자본이익률높은 ROE: MACFL의 자본 수익률(5.4%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YMaterials 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 18:06종가2026/05/21 00:00수익2026/03/31연간 수익2025/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Macpac Films Limited는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Reported Earnings • May 05Third quarter 2026 earnings released: EPS: PK₨1.83 (vs PK₨1.03 in 3Q 2025)Third quarter 2026 results: EPS: PK₨1.83 (up from PK₨1.03 in 3Q 2025). Revenue: PK₨1.87b (up 21% from 3Q 2025). Net income: PK₨108.6m (up 78% from 3Q 2025). Profit margin: 5.8% (up from 4.0% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.
공시 • Apr 21Macpac Films Limited to Report Q3, 2026 Results on Apr 28, 2026Macpac Films Limited announced that they will report Q3, 2026 results on Apr 28, 2026
Reported Earnings • Feb 14Second quarter 2026 earnings released: EPS: PK₨0.42 (vs PK₨0.07 in 2Q 2025)Second quarter 2026 results: EPS: PK₨0.42 (up from PK₨0.07 in 2Q 2025). Revenue: PK₨1.69b (up 16% from 2Q 2025). Net income: PK₨24.7m (up 460% from 2Q 2025). Profit margin: 1.5% (up from 0.3% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.
공시 • Feb 03Macpac Films Limited to Report Q2, 2026 Results on Feb 10, 2026Macpac Films Limited announced that they will report Q2, 2026 results on Feb 10, 2026
Reported Earnings • Nov 02First quarter 2026 earnings released: PK₨0.33 loss per share (vs PK₨0.13 profit in 1Q 2025)First quarter 2026 results: PK₨0.33 loss per share (down from PK₨0.13 profit in 1Q 2025). Revenue: PK₨1.37b (down 7.0% from 1Q 2025). Net loss: PK₨19.3m (down 359% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
Reported Earnings • Sep 07Full year 2025 earnings released: EPS: PK₨1.44 (vs PK₨4.35 in FY 2024)Full year 2025 results: EPS: PK₨1.44 (down from PK₨4.35 in FY 2024). Revenue: PK₨5.99b (up 6.7% from FY 2024). Net income: PK₨85.3m (down 67% from FY 2024). Profit margin: 1.4% (down from 4.6% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.
Reported Earnings • May 05Third quarter 2026 earnings released: EPS: PK₨1.83 (vs PK₨1.03 in 3Q 2025)Third quarter 2026 results: EPS: PK₨1.83 (up from PK₨1.03 in 3Q 2025). Revenue: PK₨1.87b (up 21% from 3Q 2025). Net income: PK₨108.6m (up 78% from 3Q 2025). Profit margin: 5.8% (up from 4.0% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Apr 30Investor sentiment improves as stock rises 26%After last week's 26% share price gain to PK₨29.36, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 8x in the Packaging industry in Pakistan. Total returns to shareholders of 119% over the past three years.
공시 • Apr 21Macpac Films Limited to Report Q3, 2026 Results on Apr 28, 2026Macpac Films Limited announced that they will report Q3, 2026 results on Apr 28, 2026
Valuation Update With 7 Day Price Move • Feb 23Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to PK₨23.49, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 10x in the Packaging industry in Pakistan. Total returns to shareholders of 76% over the past three years.
Reported Earnings • Feb 14Second quarter 2026 earnings released: EPS: PK₨0.42 (vs PK₨0.07 in 2Q 2025)Second quarter 2026 results: EPS: PK₨0.42 (up from PK₨0.07 in 2Q 2025). Revenue: PK₨1.69b (up 16% from 2Q 2025). Net income: PK₨24.7m (up 460% from 2Q 2025). Profit margin: 1.5% (up from 0.3% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Feb 03Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to PK₨32.85, the stock trades at a trailing P/E ratio of 33.3x. Average trailing P/E is 13x in the Packaging industry in Pakistan. Total returns to shareholders of 156% over the past three years.
공시 • Feb 03Macpac Films Limited to Report Q2, 2026 Results on Feb 10, 2026Macpac Films Limited announced that they will report Q2, 2026 results on Feb 10, 2026
Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improves as stock rises 30%After last week's 30% share price gain to PK₨35.40, the stock trades at a trailing P/E ratio of 35.9x. Average trailing P/E is 13x in the Packaging industry in Pakistan. Total returns to shareholders of 165% over the past three years.
New Risk • Jan 20New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Pakistani stocks, typically moving 8.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$10m (PK₨1.91b market cap, or US$6.82m). Minor Risk Profit margins are more than 30% lower than last year (1.0% net profit margin).
공시 • Jan 03Shahzaib Tariq to Leave Macpac Films Limited as Chief Financial OfficerMacpac Films Limited informed that Mr. Shahzaib Tariq, Chief Financial Officer, has indicated that he will be leaving Macpac Films Limited to pursue other opportunities. An announcement with regard to the appointment of a new Chief Financial Officer will be made in due course.
Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to PK₨28.94, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 13x in the Packaging industry in Pakistan. Total returns to shareholders of 139% over the past three years.
Reported Earnings • Nov 02First quarter 2026 earnings released: PK₨0.33 loss per share (vs PK₨0.13 profit in 1Q 2025)First quarter 2026 results: PK₨0.33 loss per share (down from PK₨0.13 profit in 1Q 2025). Revenue: PK₨1.37b (down 7.0% from 1Q 2025). Net loss: PK₨19.3m (down 359% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Oct 30Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to PK₨23.00, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 13x in the Packaging industry in Pakistan. Total returns to shareholders of 81% over the past three years.
Valuation Update With 7 Day Price Move • Oct 10Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to PK₨26.17, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 12x in the Packaging industry in Pakistan. Total returns to shareholders of 109% over the past three years.
Upcoming Dividend • Oct 08Upcoming dividend of PK₨0.50 per shareEligible shareholders must have bought the stock before 15 October 2025. Payment date: 14 November 2025. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Pakistani dividend payers (7.3%). Lower than average of industry peers (2.9%).
Reported Earnings • Sep 07Full year 2025 earnings released: EPS: PK₨1.44 (vs PK₨4.35 in FY 2024)Full year 2025 results: EPS: PK₨1.44 (down from PK₨4.35 in FY 2024). Revenue: PK₨5.99b (up 6.7% from FY 2024). Net income: PK₨85.3m (down 67% from FY 2024). Profit margin: 1.4% (down from 4.6% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.
Declared Dividend • Sep 03Dividend reduced to PK₨0.50Dividend of PK₨0.50 is 60% lower than last year. Ex-date: 15th October 2025 Payment date: 14th November 2025 Dividend yield will be 1.6%, which is lower than the industry average of 7.2%. Sustainability & Growth Dividend is covered by both earnings (86% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 27% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Sep 02+ 1 more updateMacpac Films Limited, Annual General Meeting, Oct 24, 2025Macpac Films Limited, Annual General Meeting, Oct 24, 2025. Location: karachi Pakistan
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 28%After last week's 28% share price gain to PK₨40.29, the stock trades at a trailing P/E ratio of 27.7x. Average trailing P/E is 9x in the Packaging industry in Pakistan. Total returns to shareholders of 199% over the past three years.
Valuation Update With 7 Day Price Move • Jul 30Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to PK₨40.59, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 9x in the Packaging industry in Pakistan. Total returns to shareholders of 203% over the past three years.
Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨65.00, the stock trades at a trailing P/E ratio of 44.7x. Average trailing P/E is 9x in the Packaging industry in Pakistan. Total returns to shareholders of 405% over the past three years.
Valuation Update With 7 Day Price Move • Jun 23Investor sentiment improves as stock rises 32%After last week's 32% share price gain to PK₨32.15, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 9x in the Packaging industry in Pakistan. Total returns to shareholders of 146% over the past three years.
New Risk • Jun 19New 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 Market cap is less than US$10m (PK₨1.92b market cap, or US$6.78m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.8% average weekly change). Profit margins are more than 30% lower than last year (1.5% net profit margin).
Buy Or Sell Opportunity • Jun 13Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 45% to PK₨22.15. The fair value is estimated to be PK₨17.48, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 13%.
Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨19.37, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 9x in the Packaging industry in Pakistan. Total returns to shareholders of 64% over the past three years.
Buy Or Sell Opportunity • May 08Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 20% to PK₨13.33. The fair value is estimated to be PK₨16.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 13%.
Reported Earnings • Mar 01Second quarter 2025 earnings released: EPS: PK₨0.07 (vs PK₨1.04 in 2Q 2024)Second quarter 2025 results: EPS: PK₨0.07 (down from PK₨1.04 in 2Q 2024). Revenue: PK₨1.46b (up 1.6% from 2Q 2024). Net income: PK₨4.42m (down 93% from 2Q 2024). Profit margin: 0.3% (down from 4.3% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 30First quarter 2025 earnings released: EPS: PK₨0.13 (vs PK₨1.97 in 1Q 2024)First quarter 2025 results: EPS: PK₨0.13 (down from PK₨1.97 in 1Q 2024). Revenue: PK₨1.48b (flat on 1Q 2024). Net income: PK₨7.45m (down 94% from 1Q 2024). Profit margin: 0.5% (down from 8.0% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Oct 08Upcoming dividend of PK₨1.25 per shareEligible shareholders must have bought the stock before 15 October 2024. Payment date: 14 November 2024. Trailing yield: 6.9%. Lower than top quartile of Pakistani dividend payers (11%). Higher than average of industry peers (4.3%).
Reported Earnings • Sep 21Full year 2024 earnings released: EPS: PK₨4.35 (vs PK₨6.40 in FY 2023)Full year 2024 results: EPS: PK₨4.35 (down from PK₨6.40 in FY 2023). Revenue: PK₨5.62b (up 2.1% from FY 2023). Net income: PK₨257.7m (down 32% from FY 2023). Profit margin: 4.6% (down from 6.9% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
공시 • Sep 20Macpac Films Limited, Annual General Meeting, Oct 24, 2024Macpac Films Limited, Annual General Meeting, Oct 24, 2024. Location: karachi Pakistan
Declared Dividend • Sep 20Dividend reduced to PK₨1.25Dividend of PK₨1.25 is 17% lower than last year. Ex-date: 15th October 2024 Payment date: 14th November 2024 Dividend yield will be 6.7%, which is lower than the industry average of 7.2%. Sustainability & Growth Dividend is covered by earnings (28% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.6% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 61% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Aug 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨19.62, the stock trades at a trailing P/E ratio of 3.6x. Average trailing P/E is 11x in the Packaging industry in Pakistan. Total loss to shareholders of 12% over the past three years.
Reported Earnings • May 02Third quarter 2024 earnings released: EPS: PK₨1.11 (vs PK₨2.21 in 3Q 2023)Third quarter 2024 results: EPS: PK₨1.11 (down from PK₨2.21 in 3Q 2023). Revenue: PK₨1.37b (up 1.3% from 3Q 2023). Net income: PK₨66.1m (down 50% from 3Q 2023). Profit margin: 4.8% (down from 9.7% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 03Second quarter 2024 earnings released: EPS: PK₨1.04 (vs PK₨1.78 in 2Q 2023)Second quarter 2024 results: EPS: PK₨1.04 (down from PK₨1.78 in 2Q 2023). Revenue: PK₨1.43b (up 6.1% from 2Q 2023). Net income: PK₨61.6m (down 42% from 2Q 2023). Profit margin: 4.3% (down from 7.8% 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 45% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Sep 29Upcoming dividend of PK₨1.50 per share at 8.8% yieldEligible shareholders must have bought the stock before 06 October 2023. Payment date: 06 November 2023. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 8.8%. Lower than top quartile of Pakistani dividend payers (14%). Higher than average of industry peers (6.8%).
Reported Earnings • Sep 26Full year 2023 earnings released: EPS: PK₨6.39 (vs PK₨3.11 in FY 2022)Full year 2023 results: EPS: PK₨6.39 (up from PK₨3.11 in FY 2022). Revenue: PK₨5.51b (up 32% from FY 2022). Net income: PK₨379.2m (up 106% from FY 2022). Profit margin: 6.9% (up from 4.4% 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 63% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 30Third quarter 2023 earnings released: EPS: PK₨2.21 (vs PK₨1.48 in 3Q 2022)Third quarter 2023 results: EPS: PK₨2.21 (up from PK₨1.48 in 3Q 2022). Revenue: PK₨1.35b (up 26% from 3Q 2022). Net income: PK₨131.2m (up 50% from 3Q 2022). Profit margin: 9.7% (up from 8.1% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
공시 • Feb 17Macpac Films Limited Announces Board ChangesMacpac Films Limited announced the appointment of Mr. Shabbir Hamza Khandwala as Director of the company in place of Mr. Muhammad Omar Sabir with effect from February 16, 2023.
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 Hafsa Abbasy was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 29First quarter 2023 earnings released: EPS: PK₨1.12 (vs PK₨0.48 in 1Q 2022)First quarter 2023 results: EPS: PK₨1.12 (up from PK₨0.48 in 1Q 2022). Revenue: PK₨1.24b (up 36% from 1Q 2022). Net income: PK₨66.5m (up 132% from 1Q 2022). Profit margin: 5.4% (up from 3.1% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 28Upcoming dividend of PK₨1.00 per shareEligible shareholders must have bought the stock before 05 October 2022. Payment date: 04 November 2022. Trailing yield: 6.2%. Lower than top quartile of Pakistani dividend payers (12%). Lower than average of industry peers (7.7%).
Reported Earnings • May 02Third quarter 2022 earnings released: EPS: PK₨1.48 (vs PK₨1.07 in 3Q 2021)Third quarter 2022 results: EPS: PK₨1.48 (up from PK₨1.07 in 3Q 2021). Revenue: PK₨1.07b (up 37% from 3Q 2021). Net income: PK₨87.5m (up 38% from 3Q 2021). Profit margin: 8.1% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. CEO & Director Najm Ul Hassan was the last 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.
Reported Earnings • Mar 05Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: PK₨0.96 (up from PK₨0.87 in 2Q 2021). Revenue: PK₨1.01b (up 37% from 2Q 2021). Net income: PK₨56.7m (up 10.0% from 2Q 2021). Profit margin: 5.6% (down from 7.0% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 03First quarter 2022 earnings released: EPS PK₨0.48 (vs PK₨0.68 in 1Q 2021)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: PK₨909.8m (up 29% from 1Q 2021). Net income: PK₨28.6m (down 29% from 1Q 2021). Profit margin: 3.1% (down from 5.7% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Reported Earnings • Sep 25Full year 2021 earnings released: EPS PK₨3.15 (vs PK₨1.06 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₨3.03b (up 40% from FY 2020). Net income: PK₨186.7m (up PK₨249.5m from FY 2020). Profit margin: 6.2% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 51% 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 • Jul 26Investor sentiment improved over the past weekAfter last week's 16% share price gain to PK₨26.40, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 13x in the Packaging industry in Pakistan. Total loss to shareholders of 11% over the past three years.
Reported Earnings • Apr 25Third quarter 2021 earnings released: EPS PK₨1.07 (vs PK₨0.82 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₨782.3m (up 45% from 3Q 2020). Net income: PK₨63.4m (up PK₨111.7m from 3Q 2020). Profit margin: 8.1% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 8% 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 • Apr 13Investor sentiment improved over the past weekAfter last week's 15% share price gain to PK₨19.89, the stock trades at a trailing P/E ratio of 30.2x. Average trailing P/E is 15x in the Packaging industry in Pakistan. Total loss to shareholders of 26% over the past three years.
Valuation Update With 7 Day Price Move • Mar 12Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to PK₨17.50, the stock is trading at a trailing P/E ratio of 26.5x, down from the previous P/E ratio of 31.6x. This compares to an average P/E of 15x in the Packaging industry in Pakistan. Total return to shareholders over the past three years is a loss of 8.4%.
Is New 90 Day High Low • Feb 12New 90-day low: PK₨21.60The company is down 12% from its price of PK₨24.59 on 13 November 2020. The Pakistani market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is down 7.0% over the same period.
Executive Departure • Jan 29Chief Financial Officer has left the companyOn the 25th of January, Hasan Tariq's tenure as Chief Financial Officer ended after less than a year in the role. We don't have any record of a personal shareholding under Hasan's name. A total of 3 executives have left over the last 12 months.
Is New 90 Day High Low • Jan 18New 90-day high: PK₨27.13The company is up 32% from its price of PK₨20.52 on 20 October 2020. The Pakistani market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 19% over the same period.
Valuation Update With 7 Day Price Move • Jan 18Investor sentiment improved over the past weekAfter last week's 21% share price gain to PK₨27.13, the stock is trading at a trailing P/E ratio of 75.6x, up from the previous P/E ratio of 62.7x. This compares to an average P/E of 22x in the Packaging industry in Pakistan. Total returns to shareholders over the past three years are 42%.
Is New 90 Day High Low • Oct 30New 90-day low: PK₨18.10The company is down 8.0% from its price of PK₨19.65 on 30 July 2020. The Pakistani market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 29% over the same period.
Reported Earnings • Oct 09Full year earnings released - PK₨1.06 loss per shareOver the last 12 months the company has reported total losses of PK₨62.9m, with losses narrowing by 73% from the prior year. Total revenue was PK₨2.16b over the last 12 months, down 10% from the prior year.
Reported Earnings • Oct 02Full year earnings released - PK₨1.06 loss per shareOver the last 12 months the company has reported total losses of PK₨62.9m, with losses narrowing by 73% from the prior year. Total revenue was PK₨2.16b over the last 12 months, down 10% from the prior year.
공시 • Sep 22Macpac Films Limited Announces Cessation of Mansoor Younus as Independent DirectorMACPAC Films Limited informed that Mr. Mansoor Younus has ceased to be the Independent Director of the company with effect from August 13, 2020.