View Financial HealthSafe Mix Concrete 배당 및 자사주 매입배당 기준 점검 3/6Safe Mix Concrete 수익으로 충분히 충당되는 현재 수익률 6.09% 보유한 배당금 지급 회사입니다.핵심 정보6.1%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향42%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Oct 10Upcoming dividend of PK₨2.50 per shareEligible shareholders must have bought the stock before 17 October 2025. Payment date: 18 November 2025. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 6.0%. Lower than top quartile of Pakistani dividend payers (7.4%). Higher than average of industry peers (2.6%).Declared Dividend • Sep 12Dividend increased to PK₨2.50Dividend of PK₨2.50 is 25% higher than last year. Ex-date: 17th October 2025 Payment date: 18th November 2025 Dividend yield will be 6.4%, which is higher than the industry average of 5.1%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (51% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 50% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.모든 업데이트 보기Recent updatesNew Risk • Jul 21New 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 Market cap is less than US$10m (PK₨1.03b market cap, or US$3.71m). Minor Risks High level of debt (49% net debt to equity). Share price has been volatile over the past 3 months (7.2% average weekly change).공고 • Jul 11Safe Mix Concrete Limited Announces Chief Financial Officer ChangesSafe Mix Concrete Limited announced that Mr. Farrukh Nawaz has been appointed as the Chief Financial Officer of the Company in place of Mr. Imran Haque, who has resigned from his role as Chief Financial Officer.Reported Earnings • Apr 29Third quarter 2026 earnings released: EPS: PK₨0.89 (vs PK₨0.57 in 3Q 2025)Third quarter 2026 results: EPS: PK₨0.89 (up from PK₨0.57 in 3Q 2025). Revenue: PK₨556.6m (up 26% from 3Q 2025). Net income: PK₨22.3m (up 57% from 3Q 2025). Profit margin: 4.0% (up from 3.2% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 40% per year, which means it is well ahead of earnings.공고 • Apr 20Safe Mix Concrete Limited to Report Q3, 2026 Results on Apr 27, 2026Safe Mix Concrete Limited announced that they will report Q3, 2026 results on Apr 27, 2026New Risk • Mar 10New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Pakistani stocks, typically moving 9.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.3% average weekly change). Market cap is less than US$10m (PK₨951.3m market cap, or US$3.40m). Minor Risks High level of debt (55% net debt to equity). Dividend is not well covered by cash flows (125% cash payout ratio).Reported Earnings • Mar 01Second quarter 2026 earnings released: EPS: PK₨1.26 (vs PK₨0.67 in 2Q 2025)Second quarter 2026 results: EPS: PK₨1.26 (up from PK₨0.67 in 2Q 2025). Revenue: PK₨578.5m (up 56% from 2Q 2025). Net income: PK₨31.5m (up 87% from 2Q 2025). Profit margin: 5.4% (up from 4.5% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 51% per year, which means it is well ahead of earnings.New Risk • Mar 01New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 55% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (PK₨1.11b market cap, or US$3.99m). Minor Risks High level of debt (55% net debt to equity). Dividend is not well covered by cash flows (125% cash payout ratio). Share price has been volatile over the past 3 months (7.8% average weekly change).공고 • Feb 19Safe Mix Concrete Limited to Report First Half, 2026 Results on Feb 27, 2026Safe Mix Concrete Limited announced that they will report first half, 2026 results on Feb 27, 2026New Risk • Jan 15New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Pakistani stocks, typically moving 8.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$10m (PK₨1.20b market cap, or US$4.29m).Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to PK₨49.71, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 12x in the Basic Materials industry in Pakistan. Total returns to shareholders of 272% over the past three years.New Risk • Oct 11New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.2% Last year net profit margin: 9.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Market cap is less than US$10m (PK₨1.04b market cap, or US$3.69m). Minor Risk Profit margins are more than 30% lower than last year (6.2% net profit margin).Upcoming Dividend • Oct 10Upcoming dividend of PK₨2.50 per shareEligible shareholders must have bought the stock before 17 October 2025. Payment date: 18 November 2025. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 6.0%. Lower than top quartile of Pakistani dividend payers (7.4%). Higher than average of industry peers (2.6%).Valuation Update With 7 Day Price Move • Sep 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨43.45, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 12x in the Basic Materials industry in Pakistan. Total returns to shareholders of 326% over the past three years.Declared Dividend • Sep 12Dividend increased to PK₨2.50Dividend of PK₨2.50 is 25% higher than last year. Ex-date: 17th October 2025 Payment date: 18th November 2025 Dividend yield will be 6.4%, which is higher than the industry average of 5.1%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (51% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 50% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Sep 11Full year 2025 earnings released: EPS: PK₨4.11 (vs PK₨4.46 in FY 2024)Full year 2025 results: EPS: PK₨4.11 (down from PK₨4.46 in FY 2024). Revenue: PK₨1.65b (up 31% from FY 2024). Net income: PK₨102.7m (down 8.0% from FY 2024). Profit margin: 6.2% (down from 8.8% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 48% per year, which means it is well ahead of earnings.공고 • Sep 10+ 1 more updateSafe Mix Concrete Limited, Annual General Meeting, Oct 28, 2025Safe Mix Concrete Limited, Annual General Meeting, Oct 28, 2025. Location: at naya nazimabad gymkhana, naya nazimabad, manghopir road, karachi Pakistan공고 • Sep 04Safe Mix Concrete Limited to Report Fiscal Year 2025 Results on Sep 09, 2025Safe Mix Concrete Limited announced that they will report fiscal year 2025 results on Sep 09, 2025Valuation Update With 7 Day Price Move • Sep 03Investor sentiment improves as stock rises 24%After last week's 24% share price gain to PK₨31.67, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 11x in the Basic Materials industry in Pakistan. Total returns to shareholders of 223% over the past three years.New Risk • Sep 02New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Pakistani stocks, typically moving 9.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.2% average weekly change). Market cap is less than US$10m (PK₨719.8m market cap, or US$2.55m). Minor Risks High level of debt (48% net debt to equity). Dividend is not well covered by cash flows (216% cash payout ratio).Valuation Update With 7 Day Price Move • Jul 30Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to PK₨24.18, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 11x in the Basic Materials industry in Pakistan. Total returns to shareholders of 136% over the past three years.New Risk • Jul 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 9.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (PK₨694.0m market cap, or US$2.44m). Minor Risks High level of debt (48% net debt to equity). Dividend is not well covered by cash flows (216% cash payout ratio). Share price has been volatile over the past 3 months (9.1% average weekly change).Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improves as stock rises 23%After last week's 23% share price gain to PK₨26.93, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 10x in the Basic Materials industry in Pakistan. Total returns to shareholders of 332% over the past three years.Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improves as stock rises 20%After last week's 20% share price gain to PK₨22.31, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 10x in the Basic Materials industry in Pakistan. Total returns to shareholders of 284% over the past three years.Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 21%After last week's 21% share price gain to PK₨17.01, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 9x in the Basic Materials industry in Pakistan. Total returns to shareholders of 191% over the past three years.New Risk • May 04New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 48% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (PK₨414.8m market cap, or US$1.48m). Minor Risks High level of debt (48% net debt to equity). Dividend is not well covered by cash flows (216% cash payout ratio).Reported Earnings • Mar 02Second quarter 2025 earnings released: EPS: PK₨0.67 (vs PK₨0.45 in 2Q 2024)Second quarter 2025 results: EPS: PK₨0.67 (up from PK₨0.45 in 2Q 2024). Revenue: PK₨371.6m (up 33% from 2Q 2024). Net income: PK₨16.9m (up 51% from 2Q 2024). Profit margin: 4.5% (up from 4.0% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Nov 02First quarter 2025 earnings released: EPS: PK₨0.87 (vs PK₨1.55 in 1Q 2024)First quarter 2025 results: EPS: PK₨0.87 (down from PK₨1.55 in 1Q 2024). Revenue: PK₨307.9m (up 9.1% from 1Q 2024). Net income: PK₨21.8m (down 44% from 1Q 2024). Profit margin: 7.1% (down from 14% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 23Investor sentiment improves as stock rises 21%After last week's 21% share price gain to PK₨19.70, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 8x in the Basic Materials industry in Pakistan. Total returns to shareholders of 192% over the past three years.New Risk • Sep 27New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 97% Dividend yield: 10% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Market cap is less than US$10m (PK₨482.5m market cap, or US$1.74m). Minor Risks High level of debt (44% net debt to equity). Dividend is not well covered by cash flows (97% cash payout ratio). Revenue is less than US$5m (PK₨1.3b revenue, or US$4.5m).공고 • Sep 23Safe Mix Concrete Limited, Annual General Meeting, Oct 25, 2024Safe Mix Concrete Limited, Annual General Meeting, Oct 25, 2024. Location: at naya nazimabad gymkhana, naya nazimabad, manghopir road., karachi PakistanReported Earnings • Sep 22Full year 2024 earnings released: EPS: PK₨4.46 (vs PK₨5.34 in FY 2023)Full year 2024 results: EPS: PK₨4.46 (down from PK₨5.34 in FY 2023). Revenue: PK₨1.26b (down 12% from FY 2023). Net income: PK₨111.6m (down 16% from FY 2023). Profit margin: 8.8% (down from 9.3% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 29Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to PK₨24.23, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 8x in the Basic Materials industry in Pakistan. Total returns to shareholders of 143% over the past three years.Valuation Update With 7 Day Price Move • Jul 12Investor sentiment improves as stock rises 23%After last week's 23% share price gain to PK₨23.28, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 8x in the Basic Materials industry in Pakistan. Total returns to shareholders of 128% over the past three years.Valuation Update With 7 Day Price Move • May 24Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to PK₨16.88, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 7x in the Basic Materials industry in Pakistan. Total returns to shareholders of 72% over the past three years.Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 24%After last week's 24% share price gain to PK₨17.65, the stock trades at a trailing P/E ratio of 4.8x. Average trailing P/E is 7x in the Basic Materials industry in Pakistan. Total returns to shareholders of 101% over the past three years.Reported Earnings • May 02Third quarter 2024 earnings released: EPS: PK₨1.44 (vs PK₨1.99 in 3Q 2023)Third quarter 2024 results: EPS: PK₨1.44 (down from PK₨1.99 in 3Q 2023). Revenue: PK₨384.7m (down 8.6% from 3Q 2023). Net income: PK₨36.0m (down 28% from 3Q 2023). Profit margin: 9.4% (down from 12% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.New Risk • Nov 30New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.2% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (PK₨350.0m market cap, or US$1.23m). Minor Risks High level of debt (61% net debt to equity). Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (8.2% net profit margin).New Risk • Oct 19New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 67% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (PK₨332.5m market cap, or US$1.19m). Minor Risks High level of debt (67% net debt to equity). Share price has been volatile over the past 3 months (7.8% average weekly change).Valuation Update With 7 Day Price Move • Jul 18Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to PK₨13.89, the stock trades at a trailing P/E ratio of 2x. Average trailing P/E is 6x in the Basic Materials industry in Pakistan. Total returns to shareholders of 43% over the past three years.Valuation Update With 7 Day Price Move • Jun 16Investor sentiment improves as stock rises 20%After last week's 20% share price gain to PK₨15.50, the stock trades at a trailing P/E ratio of 2.3x. Average trailing P/E is 6x in the Basic Materials industry in Pakistan. Total returns to shareholders of 209% over the past three years.Board Change • Apr 26Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Director Abdul Sultan was the last director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Apr 03Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Director Abdul Sultan was the last director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Jan 02Investor sentiment improved over the past weekAfter last week's 19% share price gain to PK₨15.46, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 6x in the Basic Materials industry in Pakistan. Total returns to shareholders of 124% over the past three years.Valuation Update With 7 Day Price Move • Dec 13Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to PK₨12.06, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 6x in the Basic Materials industry in Pakistan. Total returns to shareholders of 72% over the past three years.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Non-Executive Director Khalil Ahmed was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Oct 28Investor sentiment improved over the past weekAfter last week's 22% share price gain to PK₨14.68, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 6x in the Basic Materials industry in Pakistan. Total returns to shareholders of 129% over the past three years.Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improved over the past weekAfter last week's 23% share price gain to PK₨8.00, the stock trades at a trailing P/E ratio of 38.1x. Average trailing P/E is 5x in the Basic Materials industry in Pakistan. Total returns to shareholders of 38% over the past three years.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Khalil Ahmed was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Oct 06Full year 2021 earnings released: EPS PK₨0.26 (vs PK₨3.95 loss in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: PK₨221.2m (down 46% from FY 2020). Net income: PK₨6.57m (up PK₨105.3m from FY 2020). Profit margin: 3.0% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Reported Earnings • May 02Third quarter 2021 earnings released: EPS PK₨0.11 (vs PK₨2.10 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: PK₨85.5m (up 13% from 3Q 2020). Net income: PK₨2.70m (up PK₨55.3m from 3Q 2020). Profit margin: 3.2% (up from net loss in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 03Second quarter 2021 earnings released: EPS PK₨0.13 (vs PK₨0.84 loss in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: PK₨47.6m (down 58% from 2Q 2020). Net income: PK₨3.19m (up PK₨24.3m from 2Q 2020). Profit margin: 6.7% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 85% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Feb 17New 90-day high: PK₨7.90The company is up 15% from its price of PK₨6.86 on 19 November 2020. The Pakistani market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Basic Materials industry, which is up 26% over the same period.Is New 90 Day High Low • Jan 21New 90-day high: PK₨7.86The company is up 8.0% from its price of PK₨7.30 on 23 October 2020. The Pakistani market is also up 8.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Basic Materials industry, which is up 6.0% over the same period.Reported Earnings • Nov 01First quarter earnings releasedOver the last 12 months the company has reported total losses of PK₨89.1m, with losses widening by 87% from the prior year. Total revenue was PK₨331.6m over the last 12 months, down 55% from the prior year.Reported Earnings • Oct 06Full year earnings released - PK₨3.95 loss per shareOver the last 12 months the company has reported total losses of PK₨98.8m, with losses widening by 230% from the prior year. Total revenue was PK₨409.4m over the last 12 months, down 53% from the prior year.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 배당금 지급이 안정적인 반면, SMCPL 은(는) 배당금을 지급한 지 10년도 채 되지 않았습니다.배당금 증가: SMCPL 의 배당금 지급이 증가했지만 회사는 2 년 동안만 배당금을 지급했습니다.배당 수익률 vs 시장Safe Mix Concrete 배당 수익률 vs 시장SMCPL의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (SMCPL)6.1%시장 하위 25% (PK)2.0%시장 상위 25% (PK)6.9%업계 평균 (Basic Materials)2.9%분석가 예측 (SMCPL) (최대 3년)n/a주목할만한 배당금: SMCPL 의 배당금( 6.09% )은 PK 시장에서 배당금 지급자의 하위 25%( 2.03% )보다 높습니다.고배당: SMCPL 의 배당금( 6.09% )은 PK 시장에서 배당금 지급자의 상위 25%( 6.89% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적으로 낮은 지불 비율 ( 41.6% )로 SMCPL 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 합리적인 현금 지급 비율 ( 52.1% )로 SMCPL 의 배당금 지급은 현금 흐름으로 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YPK 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/16 05:47종가2026/08/13 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 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.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 소스Safe Mix Concrete 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.
Upcoming Dividend • Oct 10Upcoming dividend of PK₨2.50 per shareEligible shareholders must have bought the stock before 17 October 2025. Payment date: 18 November 2025. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 6.0%. Lower than top quartile of Pakistani dividend payers (7.4%). Higher than average of industry peers (2.6%).
Declared Dividend • Sep 12Dividend increased to PK₨2.50Dividend of PK₨2.50 is 25% higher than last year. Ex-date: 17th October 2025 Payment date: 18th November 2025 Dividend yield will be 6.4%, which is higher than the industry average of 5.1%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (51% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 50% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • Jul 21New 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 Market cap is less than US$10m (PK₨1.03b market cap, or US$3.71m). Minor Risks High level of debt (49% net debt to equity). Share price has been volatile over the past 3 months (7.2% average weekly change).
공고 • Jul 11Safe Mix Concrete Limited Announces Chief Financial Officer ChangesSafe Mix Concrete Limited announced that Mr. Farrukh Nawaz has been appointed as the Chief Financial Officer of the Company in place of Mr. Imran Haque, who has resigned from his role as Chief Financial Officer.
Reported Earnings • Apr 29Third quarter 2026 earnings released: EPS: PK₨0.89 (vs PK₨0.57 in 3Q 2025)Third quarter 2026 results: EPS: PK₨0.89 (up from PK₨0.57 in 3Q 2025). Revenue: PK₨556.6m (up 26% from 3Q 2025). Net income: PK₨22.3m (up 57% from 3Q 2025). Profit margin: 4.0% (up from 3.2% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 40% per year, which means it is well ahead of earnings.
공고 • Apr 20Safe Mix Concrete Limited to Report Q3, 2026 Results on Apr 27, 2026Safe Mix Concrete Limited announced that they will report Q3, 2026 results on Apr 27, 2026
New Risk • Mar 10New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Pakistani stocks, typically moving 9.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.3% average weekly change). Market cap is less than US$10m (PK₨951.3m market cap, or US$3.40m). Minor Risks High level of debt (55% net debt to equity). Dividend is not well covered by cash flows (125% cash payout ratio).
Reported Earnings • Mar 01Second quarter 2026 earnings released: EPS: PK₨1.26 (vs PK₨0.67 in 2Q 2025)Second quarter 2026 results: EPS: PK₨1.26 (up from PK₨0.67 in 2Q 2025). Revenue: PK₨578.5m (up 56% from 2Q 2025). Net income: PK₨31.5m (up 87% from 2Q 2025). Profit margin: 5.4% (up from 4.5% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 51% per year, which means it is well ahead of earnings.
New Risk • Mar 01New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 55% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (PK₨1.11b market cap, or US$3.99m). Minor Risks High level of debt (55% net debt to equity). Dividend is not well covered by cash flows (125% cash payout ratio). Share price has been volatile over the past 3 months (7.8% average weekly change).
공고 • Feb 19Safe Mix Concrete Limited to Report First Half, 2026 Results on Feb 27, 2026Safe Mix Concrete Limited announced that they will report first half, 2026 results on Feb 27, 2026
New Risk • Jan 15New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Pakistani stocks, typically moving 8.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$10m (PK₨1.20b market cap, or US$4.29m).
Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to PK₨49.71, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 12x in the Basic Materials industry in Pakistan. Total returns to shareholders of 272% over the past three years.
New Risk • Oct 11New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.2% Last year net profit margin: 9.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Market cap is less than US$10m (PK₨1.04b market cap, or US$3.69m). Minor Risk Profit margins are more than 30% lower than last year (6.2% net profit margin).
Upcoming Dividend • Oct 10Upcoming dividend of PK₨2.50 per shareEligible shareholders must have bought the stock before 17 October 2025. Payment date: 18 November 2025. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 6.0%. Lower than top quartile of Pakistani dividend payers (7.4%). Higher than average of industry peers (2.6%).
Valuation Update With 7 Day Price Move • Sep 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨43.45, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 12x in the Basic Materials industry in Pakistan. Total returns to shareholders of 326% over the past three years.
Declared Dividend • Sep 12Dividend increased to PK₨2.50Dividend of PK₨2.50 is 25% higher than last year. Ex-date: 17th October 2025 Payment date: 18th November 2025 Dividend yield will be 6.4%, which is higher than the industry average of 5.1%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (51% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 50% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Sep 11Full year 2025 earnings released: EPS: PK₨4.11 (vs PK₨4.46 in FY 2024)Full year 2025 results: EPS: PK₨4.11 (down from PK₨4.46 in FY 2024). Revenue: PK₨1.65b (up 31% from FY 2024). Net income: PK₨102.7m (down 8.0% from FY 2024). Profit margin: 6.2% (down from 8.8% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 48% per year, which means it is well ahead of earnings.
공고 • Sep 10+ 1 more updateSafe Mix Concrete Limited, Annual General Meeting, Oct 28, 2025Safe Mix Concrete Limited, Annual General Meeting, Oct 28, 2025. Location: at naya nazimabad gymkhana, naya nazimabad, manghopir road, karachi Pakistan
공고 • Sep 04Safe Mix Concrete Limited to Report Fiscal Year 2025 Results on Sep 09, 2025Safe Mix Concrete Limited announced that they will report fiscal year 2025 results on Sep 09, 2025
Valuation Update With 7 Day Price Move • Sep 03Investor sentiment improves as stock rises 24%After last week's 24% share price gain to PK₨31.67, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 11x in the Basic Materials industry in Pakistan. Total returns to shareholders of 223% over the past three years.
New Risk • Sep 02New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Pakistani stocks, typically moving 9.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.2% average weekly change). Market cap is less than US$10m (PK₨719.8m market cap, or US$2.55m). Minor Risks High level of debt (48% net debt to equity). Dividend is not well covered by cash flows (216% cash payout ratio).
Valuation Update With 7 Day Price Move • Jul 30Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to PK₨24.18, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 11x in the Basic Materials industry in Pakistan. Total returns to shareholders of 136% over the past three years.
New Risk • Jul 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 9.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (PK₨694.0m market cap, or US$2.44m). Minor Risks High level of debt (48% net debt to equity). Dividend is not well covered by cash flows (216% cash payout ratio). Share price has been volatile over the past 3 months (9.1% average weekly change).
Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improves as stock rises 23%After last week's 23% share price gain to PK₨26.93, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 10x in the Basic Materials industry in Pakistan. Total returns to shareholders of 332% over the past three years.
Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improves as stock rises 20%After last week's 20% share price gain to PK₨22.31, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 10x in the Basic Materials industry in Pakistan. Total returns to shareholders of 284% over the past three years.
Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 21%After last week's 21% share price gain to PK₨17.01, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 9x in the Basic Materials industry in Pakistan. Total returns to shareholders of 191% over the past three years.
New Risk • May 04New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 48% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (PK₨414.8m market cap, or US$1.48m). Minor Risks High level of debt (48% net debt to equity). Dividend is not well covered by cash flows (216% cash payout ratio).
Reported Earnings • Mar 02Second quarter 2025 earnings released: EPS: PK₨0.67 (vs PK₨0.45 in 2Q 2024)Second quarter 2025 results: EPS: PK₨0.67 (up from PK₨0.45 in 2Q 2024). Revenue: PK₨371.6m (up 33% from 2Q 2024). Net income: PK₨16.9m (up 51% from 2Q 2024). Profit margin: 4.5% (up from 4.0% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Nov 02First quarter 2025 earnings released: EPS: PK₨0.87 (vs PK₨1.55 in 1Q 2024)First quarter 2025 results: EPS: PK₨0.87 (down from PK₨1.55 in 1Q 2024). Revenue: PK₨307.9m (up 9.1% from 1Q 2024). Net income: PK₨21.8m (down 44% from 1Q 2024). Profit margin: 7.1% (down from 14% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 23Investor sentiment improves as stock rises 21%After last week's 21% share price gain to PK₨19.70, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 8x in the Basic Materials industry in Pakistan. Total returns to shareholders of 192% over the past three years.
New Risk • Sep 27New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 97% Dividend yield: 10% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Market cap is less than US$10m (PK₨482.5m market cap, or US$1.74m). Minor Risks High level of debt (44% net debt to equity). Dividend is not well covered by cash flows (97% cash payout ratio). Revenue is less than US$5m (PK₨1.3b revenue, or US$4.5m).
공고 • Sep 23Safe Mix Concrete Limited, Annual General Meeting, Oct 25, 2024Safe Mix Concrete Limited, Annual General Meeting, Oct 25, 2024. Location: at naya nazimabad gymkhana, naya nazimabad, manghopir road., karachi Pakistan
Reported Earnings • Sep 22Full year 2024 earnings released: EPS: PK₨4.46 (vs PK₨5.34 in FY 2023)Full year 2024 results: EPS: PK₨4.46 (down from PK₨5.34 in FY 2023). Revenue: PK₨1.26b (down 12% from FY 2023). Net income: PK₨111.6m (down 16% from FY 2023). Profit margin: 8.8% (down from 9.3% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 29Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to PK₨24.23, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 8x in the Basic Materials industry in Pakistan. Total returns to shareholders of 143% over the past three years.
Valuation Update With 7 Day Price Move • Jul 12Investor sentiment improves as stock rises 23%After last week's 23% share price gain to PK₨23.28, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 8x in the Basic Materials industry in Pakistan. Total returns to shareholders of 128% over the past three years.
Valuation Update With 7 Day Price Move • May 24Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to PK₨16.88, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 7x in the Basic Materials industry in Pakistan. Total returns to shareholders of 72% over the past three years.
Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 24%After last week's 24% share price gain to PK₨17.65, the stock trades at a trailing P/E ratio of 4.8x. Average trailing P/E is 7x in the Basic Materials industry in Pakistan. Total returns to shareholders of 101% over the past three years.
Reported Earnings • May 02Third quarter 2024 earnings released: EPS: PK₨1.44 (vs PK₨1.99 in 3Q 2023)Third quarter 2024 results: EPS: PK₨1.44 (down from PK₨1.99 in 3Q 2023). Revenue: PK₨384.7m (down 8.6% from 3Q 2023). Net income: PK₨36.0m (down 28% from 3Q 2023). Profit margin: 9.4% (down from 12% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
New Risk • Nov 30New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.2% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (PK₨350.0m market cap, or US$1.23m). Minor Risks High level of debt (61% net debt to equity). Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (8.2% net profit margin).
New Risk • Oct 19New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 67% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (PK₨332.5m market cap, or US$1.19m). Minor Risks High level of debt (67% net debt to equity). Share price has been volatile over the past 3 months (7.8% average weekly change).
Valuation Update With 7 Day Price Move • Jul 18Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to PK₨13.89, the stock trades at a trailing P/E ratio of 2x. Average trailing P/E is 6x in the Basic Materials industry in Pakistan. Total returns to shareholders of 43% over the past three years.
Valuation Update With 7 Day Price Move • Jun 16Investor sentiment improves as stock rises 20%After last week's 20% share price gain to PK₨15.50, the stock trades at a trailing P/E ratio of 2.3x. Average trailing P/E is 6x in the Basic Materials industry in Pakistan. Total returns to shareholders of 209% over the past three years.
Board Change • Apr 26Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Director Abdul Sultan was the last director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Apr 03Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Director Abdul Sultan was the last director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Jan 02Investor sentiment improved over the past weekAfter last week's 19% share price gain to PK₨15.46, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 6x in the Basic Materials industry in Pakistan. Total returns to shareholders of 124% over the past three years.
Valuation Update With 7 Day Price Move • Dec 13Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to PK₨12.06, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 6x in the Basic Materials industry in Pakistan. Total returns to shareholders of 72% over the past three years.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Non-Executive Director Khalil Ahmed was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Oct 28Investor sentiment improved over the past weekAfter last week's 22% share price gain to PK₨14.68, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 6x in the Basic Materials industry in Pakistan. Total returns to shareholders of 129% over the past three years.
Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improved over the past weekAfter last week's 23% share price gain to PK₨8.00, the stock trades at a trailing P/E ratio of 38.1x. Average trailing P/E is 5x in the Basic Materials industry in Pakistan. Total returns to shareholders of 38% over the past three years.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Khalil Ahmed was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Oct 06Full year 2021 earnings released: EPS PK₨0.26 (vs PK₨3.95 loss in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: PK₨221.2m (down 46% from FY 2020). Net income: PK₨6.57m (up PK₨105.3m from FY 2020). Profit margin: 3.0% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Reported Earnings • May 02Third quarter 2021 earnings released: EPS PK₨0.11 (vs PK₨2.10 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: PK₨85.5m (up 13% from 3Q 2020). Net income: PK₨2.70m (up PK₨55.3m from 3Q 2020). Profit margin: 3.2% (up from net loss in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 03Second quarter 2021 earnings released: EPS PK₨0.13 (vs PK₨0.84 loss in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: PK₨47.6m (down 58% from 2Q 2020). Net income: PK₨3.19m (up PK₨24.3m from 2Q 2020). Profit margin: 6.7% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 85% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Feb 17New 90-day high: PK₨7.90The company is up 15% from its price of PK₨6.86 on 19 November 2020. The Pakistani market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Basic Materials industry, which is up 26% over the same period.
Is New 90 Day High Low • Jan 21New 90-day high: PK₨7.86The company is up 8.0% from its price of PK₨7.30 on 23 October 2020. The Pakistani market is also up 8.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Basic Materials industry, which is up 6.0% over the same period.
Reported Earnings • Nov 01First quarter earnings releasedOver the last 12 months the company has reported total losses of PK₨89.1m, with losses widening by 87% from the prior year. Total revenue was PK₨331.6m over the last 12 months, down 55% from the prior year.
Reported Earnings • Oct 06Full year earnings released - PK₨3.95 loss per shareOver the last 12 months the company has reported total losses of PK₨98.8m, with losses widening by 230% from the prior year. Total revenue was PK₨409.4m over the last 12 months, down 53% from the prior year.