View Financial HealthSPEL 배당 및 자사주 매입배당 기준 점검 0/6SPEL 현재 배당금을 지급하지 않습니다.핵심 정보0%배당 수익률0%자사주 매입 수익률총 주주 수익률0%미래 배당 수익률n/a배당 성장률8.1%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향0%최근 배당 및 자사주 매입 업데이트Declared Dividend • Feb 20Dividend of PK₨0.50 announcedShareholders will receive a dividend of PK₨0.50. Ex-date: 24th February 2026 Payment date: 18th March 2026 Dividend yield will be 2.6%, which is lower than the industry average of 7.2%. Sustainability & Growth Dividend is well covered by both earnings (15% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 9.5% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 35% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Sep 15Upcoming dividend of PK₨0.40 per shareEligible shareholders must have bought the stock before 22 September 2025. Payment date: 21 October 2025. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Pakistani dividend payers (7.4%). Lower than average of industry peers (2.1%).Upcoming Dividend • Oct 10Upcoming dividend of PK₨0.80 per shareEligible shareholders must have bought the stock before 17 October 2024. Payment date: 15 November 2024. Trailing yield: 2.3%. Lower than top quartile of Pakistani dividend payers (11%). Lower than average of industry peers (4.3%).Upcoming Dividend • Sep 28Upcoming dividend of PK₨0.50 per share at 17% yieldEligible shareholders must have bought the stock before 05 October 2023. Payment date: 03 November 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 17%. Within top quartile of Pakistani dividend payers (14%). Higher than average of industry peers (6.9%).Upcoming Dividend • Oct 06Upcoming dividend of PK₨0.50 per shareEligible shareholders must have bought the stock before 13 October 2022. Payment date: 11 November 2022. Trailing yield: 3.5%. Lower than top quartile of Pakistani dividend payers (11%). Lower than average of industry peers (7.7%).Upcoming Dividend • Oct 11Upcoming dividend of PK₨0.50 per shareEligible shareholders must have bought the stock before 18 October 2021. Payment date: 17 November 2021. Trailing yield: 1.3%. Lower than top quartile of Pakistani dividend payers (10%). Lower than average of industry peers (12%).모든 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to PK₨46.52, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 9x in the Packaging industry in Pakistan. Total returns to shareholders of 356% over the past three years.Reported Earnings • Apr 21Third quarter 2026 earnings released: EPS: PK₨1.64 (vs PK₨1.79 in 3Q 2025)Third quarter 2026 results: EPS: PK₨1.64 (down from PK₨1.79 in 3Q 2025). Revenue: PK₨2.36b (flat on 3Q 2025). Net income: PK₨310.7m (down 8.4% from 3Q 2025). Profit margin: 13% (in line with 3Q 2025). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth.공시 • Apr 10SPEL Limited to Report Q3, 2026 Results on Apr 18, 2026SPEL Limited announced that they will report Q3, 2026 results at 9:30 AM, Pakistan Standard Time on Apr 18, 2026Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 17%After last week's 17% share price gain to PK₨42.05, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 10x in the Packaging industry in Pakistan. Total returns to shareholders of 333% over the past three years.New Risk • Mar 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 7.1% 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: 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 (7.1% average weekly change). Market cap is less than US$100m (PK₨7.83b market cap, or US$28.0m).Valuation Update With 7 Day Price Move • Feb 25Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to PK₨40.29, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 10x in the Packaging industry in Pakistan. Total returns to shareholders of 301% over the past three years.Reported Earnings • Feb 23Second quarter 2026 earnings released: EPS: PK₨1.09 (vs PK₨0.93 in 2Q 2025)Second quarter 2026 results: EPS: PK₨1.09 (up from PK₨0.93 in 2Q 2025). Revenue: PK₨2.00b (down 8.8% from 2Q 2025). Net income: PK₨206.5m (up 16% from 2Q 2025). Profit margin: 10% (up from 8.1% in 2Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Feb 20Dividend of PK₨0.50 announcedShareholders will receive a dividend of PK₨0.50. Ex-date: 24th February 2026 Payment date: 18th March 2026 Dividend yield will be 2.6%, which is lower than the industry average of 7.2%. Sustainability & Growth Dividend is well covered by both earnings (15% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 9.5% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 35% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Feb 10SPEL Limited to Report Q2, 2026 Results on Feb 18, 2026SPEL Limited announced that they will report Q2, 2026 results on Feb 18, 2026New Risk • Feb 06New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.9% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (PK₨10.6b market cap, or US$37.7m).New Risk • Oct 29New 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 Risk Share price has been highly volatile over the past 3 months (8.8% average weekly change). Minor Risk Market cap is less than US$100m (PK₨10.1b market cap, or US$35.8m).Reported Earnings • Oct 25First quarter 2026 earnings released: EPS: PK₨1.38 (vs PK₨1.50 in 1Q 2025)First quarter 2026 results: EPS: PK₨1.38 (down from PK₨1.50 in 1Q 2025). Revenue: PK₨2.35b (up 1.9% from 1Q 2025). Net income: PK₨261.6m (down 8.2% from 1Q 2025). Profit margin: 11% (down from 12% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Oct 24Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to PK₨58.04, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 15x in the Packaging industry in Pakistan. Total returns to shareholders of 402% over the past three years.Upcoming Dividend • Sep 15Upcoming dividend of PK₨0.40 per shareEligible shareholders must have bought the stock before 22 September 2025. Payment date: 21 October 2025. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Pakistani dividend payers (7.4%). Lower than average of industry peers (2.1%).Valuation Update With 7 Day Price Move • Sep 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to PK₨77.64, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 11x in the Packaging industry in Pakistan. Total returns to shareholders of 540% over the past three years.Reported Earnings • Aug 22Full year 2025 earnings released: EPS: PK₨6.60 (vs PK₨3.36 in FY 2024)Full year 2025 results: EPS: PK₨6.60 (up from PK₨3.36 in FY 2024). Revenue: PK₨9.63b (up 38% from FY 2024). Net income: PK₨1.25b (up 96% from FY 2024). Profit margin: 13% (up from 9.2% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth.공시 • Aug 19SPEL Limited, Annual General Meeting, Sep 30, 2025SPEL Limited, Annual General Meeting, Sep 30, 2025. Location: lahore PakistanValuation Update With 7 Day Price Move • Aug 19Investor sentiment improves as stock rises 18%After last week's 18% share price gain to PK₨58.06, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 10x in the Packaging industry in Pakistan. Total returns to shareholders of 331% over the past three years.Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improves as stock rises 15%After last week's 15% share price gain to PK₨52.89, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 9x in the Packaging industry in Pakistan. Total returns to shareholders of 320% over the past three years.Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨46.13, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 8x in the Packaging industry in Pakistan. Total returns to shareholders of 270% over the past three years.New Risk • Jun 06New 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 8.2% 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: Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (PK₨8.80b market cap, or US$31.2m).Valuation Update With 7 Day Price Move • Jun 04Investor sentiment improves as stock rises 20%After last week's 20% share price gain to PK₨49.15, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 11x in the Packaging industry in Pakistan. Total returns to shareholders of 302% over the past three years.Valuation Update With 7 Day Price Move • May 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to PK₨34.71, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 6x in the Packaging industry in Pakistan. Total returns to shareholders of 162% over the past three years.Reported Earnings • May 01Third quarter 2025 earnings released: EPS: PK₨1.79 (vs PK₨0.75 in 3Q 2024)Third quarter 2025 results: EPS: PK₨1.79 (up from PK₨0.75 in 3Q 2024). Revenue: PK₨2.38b (up 41% from 3Q 2024). Net income: PK₨339.1m (up 135% from 3Q 2024). Profit margin: 14% (up from 8.5% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 06Second quarter 2025 earnings released: EPS: PK₨0.93 (vs PK₨0.58 in 2Q 2024)Second quarter 2025 results: EPS: PK₨0.93 (up from PK₨0.58 in 2Q 2024). Revenue: PK₨2.20b (up 62% from 2Q 2024). Net income: PK₨177.4m (up 60% from 2Q 2024). Profit margin: 8.1% (down from 8.2% 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 16% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Dec 17Investor sentiment improves as stock rises 36%After last week's 36% share price gain to PK₨50.99, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 9x in the Packaging industry in Pakistan. Total returns to shareholders of 240% over the past three years.Valuation Update With 7 Day Price Move • Dec 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨39.63, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 8x in the Packaging industry in Pakistan. Total returns to shareholders of 164% over the past three years.Reported Earnings • Oct 17First quarter 2025 earnings released: EPS: PK₨1.50 (vs PK₨0.64 in 1Q 2024)First quarter 2025 results: EPS: PK₨1.50 (up from PK₨0.64 in 1Q 2024). Revenue: PK₨2.31b (up 36% from 1Q 2024). Net income: PK₨284.9m (up 131% from 1Q 2024). Profit margin: 12% (up from 7.3% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Oct 16Investor sentiment improves as stock rises 18%After last week's 18% share price gain to PK₨40.98, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 8x in the Packaging industry in Pakistan. Total returns to shareholders of 153% over the past three years.Upcoming Dividend • Oct 10Upcoming dividend of PK₨0.80 per shareEligible shareholders must have bought the stock before 17 October 2024. Payment date: 15 November 2024. Trailing yield: 2.3%. Lower than top quartile of Pakistani dividend payers (11%). Lower than average of industry peers (4.3%).Valuation Update With 7 Day Price Move • Sep 02Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to PK₨40.19, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 11x in the Packaging industry in Pakistan. Total returns to shareholders of 137% over the past three years.Reported Earnings • Aug 21Full year 2024 earnings released: EPS: PK₨3.36 (vs PK₨2.47 in FY 2023)Full year 2024 results: EPS: PK₨3.36 (up from PK₨2.47 in FY 2023). Revenue: PK₨6.97b (up 8.3% from FY 2023). Net income: PK₨641.0m (up 31% from FY 2023). Profit margin: 9.2% (up from 7.6% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.공시 • Aug 20Synthetic Products Enterprises Limited, Annual General Meeting, Oct 26, 2024Synthetic Products Enterprises Limited, Annual General Meeting, Oct 26, 2024. Location: lahore PakistanValuation Update With 7 Day Price Move • Aug 05Investor sentiment improves as stock rises 24%After last week's 24% share price gain to PK₨42.01, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 11x in the Packaging industry in Pakistan. Total returns to shareholders of 133% over the past three years.Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improves as stock rises 26%After last week's 26% share price gain to PK₨18.88, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 8x in the Packaging industry in Pakistan. Total returns to shareholders of 4.9% over the past three years.Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to PK₨14.79, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 5x in the Packaging industry in Pakistan. Total loss to shareholders of 6.9% over the past three years.Valuation Update With 7 Day Price Move • Jan 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨14.90, the stock trades at a trailing P/E ratio of 5.3x. Average trailing P/E is 6x in the Packaging industry in Pakistan. Total loss to shareholders of 12% over the past three years.Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improves as stock rises 17%After last week's 17% share price gain to PK₨15.39, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 6x in the Packaging industry in Pakistan. Total loss to shareholders of 9.0% over the past three years.Reported Earnings • Nov 02First quarter 2024 earnings released: EPS: PK₨0.64 (vs PK₨0.29 in 1Q 2023)First quarter 2024 results: EPS: PK₨0.64 (up from PK₨0.29 in 1Q 2023). Revenue: PK₨1.69b (up 14% from 1Q 2023). Net income: PK₨123.4m (up 114% from 1Q 2023). Profit margin: 7.3% (up from 3.9% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Upcoming Dividend • Sep 28Upcoming dividend of PK₨0.50 per share at 17% yieldEligible shareholders must have bought the stock before 05 October 2023. Payment date: 03 November 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 17%. Within top quartile of Pakistani dividend payers (14%). Higher than average of industry peers (6.9%).Reported Earnings • Sep 23Full year 2023 earnings released: EPS: PK₨2.47 (vs PK₨2.70 in FY 2022)Full year 2023 results: EPS: PK₨2.47 (down from PK₨2.70 in FY 2022). Revenue: PK₨6.43b (up 1.9% from FY 2022). Net income: PK₨491.1m (down 8.9% from FY 2022). Profit margin: 7.6% (down from 8.5% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 26Second quarter 2023 earnings released: EPS: PK₨0.71 (vs PK₨0.49 in 2Q 2022)Second quarter 2023 results: EPS: PK₨0.71 (up from PK₨0.49 in 2Q 2022). Revenue: PK₨1.54b (up 14% from 2Q 2022). Net income: PK₨142.7m (up 45% from 2Q 2022). Profit margin: 9.3% (up from 7.3% in 2Q 2022). The increase in margin was driven by higher revenue. 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 15% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 21%After last week's 21% share price gain to PK₨10.77, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 5x in the Packaging industry in Pakistan. Total loss to shareholders of 29% 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 an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Syed Sohail Naqvi was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Upcoming Dividend • Oct 06Upcoming dividend of PK₨0.50 per shareEligible shareholders must have bought the stock before 13 October 2022. Payment date: 11 November 2022. Trailing yield: 3.5%. Lower than top quartile of Pakistani dividend payers (11%). Lower than average of industry peers (7.7%).Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Syed Sohail Naqvi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Oct 11Upcoming dividend of PK₨0.50 per shareEligible shareholders must have bought the stock before 18 October 2021. Payment date: 17 November 2021. Trailing yield: 1.3%. Lower than top quartile of Pakistani dividend payers (10%). Lower than average of industry peers (12%).Reported Earnings • Oct 10Full year 2021 earnings released: EPS PK₨5.07 (vs PK₨2.93 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: PK₨4.17b (up 35% from FY 2020). Net income: PK₨460.2m (up 78% from FY 2020). Profit margin: 11% (up from 8.4% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 6% per year.Reported Earnings • Aug 26Full year 2021 earnings released: EPS PK₨5.07 (vs PK₨2.93 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: PK₨4.17b (up 35% from FY 2020). Net income: PK₨460.2m (up 78% from FY 2020). Profit margin: 11% (up from 8.4% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 25Third quarter 2021 earnings released: EPS PK₨1.59 (vs PK₨0.95 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: PK₨1.16b (up 41% from 3Q 2020). Net income: PK₨144.2m (up 71% from 3Q 2020). Profit margin: 13% (up from 10% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 9% per year.Reported Earnings • Feb 28Second quarter 2021 earnings released: EPS PK₨0.83 (vs PK₨0.49 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: PK₨820.1m (up 23% from 2Q 2020). Net income: PK₨73.9m (up 71% from 2Q 2020). Profit margin: 9.0% (up from 6.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 7% per year.Is New 90 Day High Low • Feb 25New 90-day low: PK₨40.96The company is down 2.0% from its price of PK₨41.60 on 27 November 2020. The Pakistani market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Packaging industry, which is down 4.0% over the same period.Reported Earnings • Oct 20First quarter earnings releasedOver the last 12 months the company has reported total profits of PK₨272.5m, up 14% from the prior year. Total revenue was PK₨3.04b over the last 12 months, down 13% from the prior year.Reported Earnings • Oct 06Full year earnings released - EPS PK₨2.92Over the last 12 months the company has reported total profits of PK₨258.8m, up 7.3% from the prior year. Total revenue was PK₨3.10b over the last 12 months, down 9.7% from the prior year. Profit margins were 8.4%, which is higher than the 7.0% margin from last year. The increase in margin was driven by lower expenses.Is New 90 Day High Low • Sep 21New 90-day high: PK₨49.73The company is up 13% from its price of PK₨43.91 on 23 June 2020. The Pakistani market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 47% over the same period.Reported Earnings • Sep 19Full year earnings released - EPS PK₨2.92Over the last 12 months the company has reported total profits of PK₨258.8m, up 7.3% from the prior year. Total revenue was PK₨3.10b over the last 12 months, down 9.7% from the prior year. Profit margins were 8.4%, which is higher than the 7.0% margin from last year. The increase in margin was driven by lower expenses.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 과거에 SPEL 의 주당 배당금이 안정적이었는지 판단하기에는 데이터가 부족합니다.배당금 증가: SPEL 의 배당금 지급이 증가했는지 판단하기에는 데이터가 부족합니다.배당 수익률 vs 시장SPEL 배당 수익률 vs 시장SPEL의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (SPEL)0%시장 하위 25% (PK)2.3%시장 상위 25% (PK)7.6%업계 평균 (Packaging)6.2%분석가 예측 (SPEL) (최대 3년)n/a주목할만한 배당금: 회사가 최근 지급을 보고하지 않았기 때문에 하위 25%의 배당금 지급자에 대해 SPEL 의 배당 수익률을 평가할 수 없습니다.고배당: 회사가 최근 지급을 보고하지 않았기 때문에 배당금 지급자의 상위 25%에 대해 SPEL 의 배당 수익률을 평가할 수 없습니다.주주 대상 이익 배당수익 보장: SPEL PK 시장에서 주목할만한 배당금을 지급하지 않습니다.주주 현금 배당현금 흐름 범위: SPEL 에서 지급을 보고하지 않았기 때문에 배당 지속 가능성을 계산할 수 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YPK 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 20:37종가2026/05/21 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 소스SPEL Limited는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Muhammad Junaid MemonIsmail Iqbal Securities (Pvt.) Ltd.
Declared Dividend • Feb 20Dividend of PK₨0.50 announcedShareholders will receive a dividend of PK₨0.50. Ex-date: 24th February 2026 Payment date: 18th March 2026 Dividend yield will be 2.6%, which is lower than the industry average of 7.2%. Sustainability & Growth Dividend is well covered by both earnings (15% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 9.5% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 35% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Sep 15Upcoming dividend of PK₨0.40 per shareEligible shareholders must have bought the stock before 22 September 2025. Payment date: 21 October 2025. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Pakistani dividend payers (7.4%). Lower than average of industry peers (2.1%).
Upcoming Dividend • Oct 10Upcoming dividend of PK₨0.80 per shareEligible shareholders must have bought the stock before 17 October 2024. Payment date: 15 November 2024. Trailing yield: 2.3%. Lower than top quartile of Pakistani dividend payers (11%). Lower than average of industry peers (4.3%).
Upcoming Dividend • Sep 28Upcoming dividend of PK₨0.50 per share at 17% yieldEligible shareholders must have bought the stock before 05 October 2023. Payment date: 03 November 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 17%. Within top quartile of Pakistani dividend payers (14%). Higher than average of industry peers (6.9%).
Upcoming Dividend • Oct 06Upcoming dividend of PK₨0.50 per shareEligible shareholders must have bought the stock before 13 October 2022. Payment date: 11 November 2022. Trailing yield: 3.5%. Lower than top quartile of Pakistani dividend payers (11%). Lower than average of industry peers (7.7%).
Upcoming Dividend • Oct 11Upcoming dividend of PK₨0.50 per shareEligible shareholders must have bought the stock before 18 October 2021. Payment date: 17 November 2021. Trailing yield: 1.3%. Lower than top quartile of Pakistani dividend payers (10%). Lower than average of industry peers (12%).
Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to PK₨46.52, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 9x in the Packaging industry in Pakistan. Total returns to shareholders of 356% over the past three years.
Reported Earnings • Apr 21Third quarter 2026 earnings released: EPS: PK₨1.64 (vs PK₨1.79 in 3Q 2025)Third quarter 2026 results: EPS: PK₨1.64 (down from PK₨1.79 in 3Q 2025). Revenue: PK₨2.36b (flat on 3Q 2025). Net income: PK₨310.7m (down 8.4% from 3Q 2025). Profit margin: 13% (in line with 3Q 2025). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Apr 10SPEL Limited to Report Q3, 2026 Results on Apr 18, 2026SPEL Limited announced that they will report Q3, 2026 results at 9:30 AM, Pakistan Standard Time on Apr 18, 2026
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 17%After last week's 17% share price gain to PK₨42.05, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 10x in the Packaging industry in Pakistan. Total returns to shareholders of 333% over the past three years.
New Risk • Mar 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 7.1% 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: 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 (7.1% average weekly change). Market cap is less than US$100m (PK₨7.83b market cap, or US$28.0m).
Valuation Update With 7 Day Price Move • Feb 25Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to PK₨40.29, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 10x in the Packaging industry in Pakistan. Total returns to shareholders of 301% over the past three years.
Reported Earnings • Feb 23Second quarter 2026 earnings released: EPS: PK₨1.09 (vs PK₨0.93 in 2Q 2025)Second quarter 2026 results: EPS: PK₨1.09 (up from PK₨0.93 in 2Q 2025). Revenue: PK₨2.00b (down 8.8% from 2Q 2025). Net income: PK₨206.5m (up 16% from 2Q 2025). Profit margin: 10% (up from 8.1% in 2Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Feb 20Dividend of PK₨0.50 announcedShareholders will receive a dividend of PK₨0.50. Ex-date: 24th February 2026 Payment date: 18th March 2026 Dividend yield will be 2.6%, which is lower than the industry average of 7.2%. Sustainability & Growth Dividend is well covered by both earnings (15% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 9.5% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 35% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Feb 10SPEL Limited to Report Q2, 2026 Results on Feb 18, 2026SPEL Limited announced that they will report Q2, 2026 results on Feb 18, 2026
New Risk • Feb 06New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.9% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (PK₨10.6b market cap, or US$37.7m).
New Risk • Oct 29New 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 Risk Share price has been highly volatile over the past 3 months (8.8% average weekly change). Minor Risk Market cap is less than US$100m (PK₨10.1b market cap, or US$35.8m).
Reported Earnings • Oct 25First quarter 2026 earnings released: EPS: PK₨1.38 (vs PK₨1.50 in 1Q 2025)First quarter 2026 results: EPS: PK₨1.38 (down from PK₨1.50 in 1Q 2025). Revenue: PK₨2.35b (up 1.9% from 1Q 2025). Net income: PK₨261.6m (down 8.2% from 1Q 2025). Profit margin: 11% (down from 12% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Oct 24Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to PK₨58.04, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 15x in the Packaging industry in Pakistan. Total returns to shareholders of 402% over the past three years.
Upcoming Dividend • Sep 15Upcoming dividend of PK₨0.40 per shareEligible shareholders must have bought the stock before 22 September 2025. Payment date: 21 October 2025. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Pakistani dividend payers (7.4%). Lower than average of industry peers (2.1%).
Valuation Update With 7 Day Price Move • Sep 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to PK₨77.64, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 11x in the Packaging industry in Pakistan. Total returns to shareholders of 540% over the past three years.
Reported Earnings • Aug 22Full year 2025 earnings released: EPS: PK₨6.60 (vs PK₨3.36 in FY 2024)Full year 2025 results: EPS: PK₨6.60 (up from PK₨3.36 in FY 2024). Revenue: PK₨9.63b (up 38% from FY 2024). Net income: PK₨1.25b (up 96% from FY 2024). Profit margin: 13% (up from 9.2% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Aug 19SPEL Limited, Annual General Meeting, Sep 30, 2025SPEL Limited, Annual General Meeting, Sep 30, 2025. Location: lahore Pakistan
Valuation Update With 7 Day Price Move • Aug 19Investor sentiment improves as stock rises 18%After last week's 18% share price gain to PK₨58.06, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 10x in the Packaging industry in Pakistan. Total returns to shareholders of 331% over the past three years.
Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improves as stock rises 15%After last week's 15% share price gain to PK₨52.89, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 9x in the Packaging industry in Pakistan. Total returns to shareholders of 320% over the past three years.
Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨46.13, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 8x in the Packaging industry in Pakistan. Total returns to shareholders of 270% over the past three years.
New Risk • Jun 06New 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 8.2% 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: Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (PK₨8.80b market cap, or US$31.2m).
Valuation Update With 7 Day Price Move • Jun 04Investor sentiment improves as stock rises 20%After last week's 20% share price gain to PK₨49.15, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 11x in the Packaging industry in Pakistan. Total returns to shareholders of 302% over the past three years.
Valuation Update With 7 Day Price Move • May 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to PK₨34.71, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 6x in the Packaging industry in Pakistan. Total returns to shareholders of 162% over the past three years.
Reported Earnings • May 01Third quarter 2025 earnings released: EPS: PK₨1.79 (vs PK₨0.75 in 3Q 2024)Third quarter 2025 results: EPS: PK₨1.79 (up from PK₨0.75 in 3Q 2024). Revenue: PK₨2.38b (up 41% from 3Q 2024). Net income: PK₨339.1m (up 135% from 3Q 2024). Profit margin: 14% (up from 8.5% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 06Second quarter 2025 earnings released: EPS: PK₨0.93 (vs PK₨0.58 in 2Q 2024)Second quarter 2025 results: EPS: PK₨0.93 (up from PK₨0.58 in 2Q 2024). Revenue: PK₨2.20b (up 62% from 2Q 2024). Net income: PK₨177.4m (up 60% from 2Q 2024). Profit margin: 8.1% (down from 8.2% 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 16% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Dec 17Investor sentiment improves as stock rises 36%After last week's 36% share price gain to PK₨50.99, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 9x in the Packaging industry in Pakistan. Total returns to shareholders of 240% over the past three years.
Valuation Update With 7 Day Price Move • Dec 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨39.63, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 8x in the Packaging industry in Pakistan. Total returns to shareholders of 164% over the past three years.
Reported Earnings • Oct 17First quarter 2025 earnings released: EPS: PK₨1.50 (vs PK₨0.64 in 1Q 2024)First quarter 2025 results: EPS: PK₨1.50 (up from PK₨0.64 in 1Q 2024). Revenue: PK₨2.31b (up 36% from 1Q 2024). Net income: PK₨284.9m (up 131% from 1Q 2024). Profit margin: 12% (up from 7.3% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Oct 16Investor sentiment improves as stock rises 18%After last week's 18% share price gain to PK₨40.98, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 8x in the Packaging industry in Pakistan. Total returns to shareholders of 153% over the past three years.
Upcoming Dividend • Oct 10Upcoming dividend of PK₨0.80 per shareEligible shareholders must have bought the stock before 17 October 2024. Payment date: 15 November 2024. Trailing yield: 2.3%. Lower than top quartile of Pakistani dividend payers (11%). Lower than average of industry peers (4.3%).
Valuation Update With 7 Day Price Move • Sep 02Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to PK₨40.19, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 11x in the Packaging industry in Pakistan. Total returns to shareholders of 137% over the past three years.
Reported Earnings • Aug 21Full year 2024 earnings released: EPS: PK₨3.36 (vs PK₨2.47 in FY 2023)Full year 2024 results: EPS: PK₨3.36 (up from PK₨2.47 in FY 2023). Revenue: PK₨6.97b (up 8.3% from FY 2023). Net income: PK₨641.0m (up 31% from FY 2023). Profit margin: 9.2% (up from 7.6% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Aug 20Synthetic Products Enterprises Limited, Annual General Meeting, Oct 26, 2024Synthetic Products Enterprises Limited, Annual General Meeting, Oct 26, 2024. Location: lahore Pakistan
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improves as stock rises 24%After last week's 24% share price gain to PK₨42.01, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 11x in the Packaging industry in Pakistan. Total returns to shareholders of 133% over the past three years.
Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improves as stock rises 26%After last week's 26% share price gain to PK₨18.88, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 8x in the Packaging industry in Pakistan. Total returns to shareholders of 4.9% over the past three years.
Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to PK₨14.79, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 5x in the Packaging industry in Pakistan. Total loss to shareholders of 6.9% over the past three years.
Valuation Update With 7 Day Price Move • Jan 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨14.90, the stock trades at a trailing P/E ratio of 5.3x. Average trailing P/E is 6x in the Packaging industry in Pakistan. Total loss to shareholders of 12% over the past three years.
Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improves as stock rises 17%After last week's 17% share price gain to PK₨15.39, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 6x in the Packaging industry in Pakistan. Total loss to shareholders of 9.0% over the past three years.
Reported Earnings • Nov 02First quarter 2024 earnings released: EPS: PK₨0.64 (vs PK₨0.29 in 1Q 2023)First quarter 2024 results: EPS: PK₨0.64 (up from PK₨0.29 in 1Q 2023). Revenue: PK₨1.69b (up 14% from 1Q 2023). Net income: PK₨123.4m (up 114% from 1Q 2023). Profit margin: 7.3% (up from 3.9% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Sep 28Upcoming dividend of PK₨0.50 per share at 17% yieldEligible shareholders must have bought the stock before 05 October 2023. Payment date: 03 November 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 17%. Within top quartile of Pakistani dividend payers (14%). Higher than average of industry peers (6.9%).
Reported Earnings • Sep 23Full year 2023 earnings released: EPS: PK₨2.47 (vs PK₨2.70 in FY 2022)Full year 2023 results: EPS: PK₨2.47 (down from PK₨2.70 in FY 2022). Revenue: PK₨6.43b (up 1.9% from FY 2022). Net income: PK₨491.1m (down 8.9% from FY 2022). Profit margin: 7.6% (down from 8.5% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 26Second quarter 2023 earnings released: EPS: PK₨0.71 (vs PK₨0.49 in 2Q 2022)Second quarter 2023 results: EPS: PK₨0.71 (up from PK₨0.49 in 2Q 2022). Revenue: PK₨1.54b (up 14% from 2Q 2022). Net income: PK₨142.7m (up 45% from 2Q 2022). Profit margin: 9.3% (up from 7.3% in 2Q 2022). The increase in margin was driven by higher revenue. 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 15% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 21%After last week's 21% share price gain to PK₨10.77, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 5x in the Packaging industry in Pakistan. Total loss to shareholders of 29% 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 an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Syed Sohail Naqvi was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Upcoming Dividend • Oct 06Upcoming dividend of PK₨0.50 per shareEligible shareholders must have bought the stock before 13 October 2022. Payment date: 11 November 2022. Trailing yield: 3.5%. Lower than top quartile of Pakistani dividend payers (11%). Lower than average of industry peers (7.7%).
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Syed Sohail Naqvi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Oct 11Upcoming dividend of PK₨0.50 per shareEligible shareholders must have bought the stock before 18 October 2021. Payment date: 17 November 2021. Trailing yield: 1.3%. Lower than top quartile of Pakistani dividend payers (10%). Lower than average of industry peers (12%).
Reported Earnings • Oct 10Full year 2021 earnings released: EPS PK₨5.07 (vs PK₨2.93 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: PK₨4.17b (up 35% from FY 2020). Net income: PK₨460.2m (up 78% from FY 2020). Profit margin: 11% (up from 8.4% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 6% per year.
Reported Earnings • Aug 26Full year 2021 earnings released: EPS PK₨5.07 (vs PK₨2.93 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: PK₨4.17b (up 35% from FY 2020). Net income: PK₨460.2m (up 78% from FY 2020). Profit margin: 11% (up from 8.4% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 25Third quarter 2021 earnings released: EPS PK₨1.59 (vs PK₨0.95 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: PK₨1.16b (up 41% from 3Q 2020). Net income: PK₨144.2m (up 71% from 3Q 2020). Profit margin: 13% (up from 10% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 9% per year.
Reported Earnings • Feb 28Second quarter 2021 earnings released: EPS PK₨0.83 (vs PK₨0.49 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: PK₨820.1m (up 23% from 2Q 2020). Net income: PK₨73.9m (up 71% from 2Q 2020). Profit margin: 9.0% (up from 6.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 7% per year.
Is New 90 Day High Low • Feb 25New 90-day low: PK₨40.96The company is down 2.0% from its price of PK₨41.60 on 27 November 2020. The Pakistani market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Packaging industry, which is down 4.0% over the same period.
Reported Earnings • Oct 20First quarter earnings releasedOver the last 12 months the company has reported total profits of PK₨272.5m, up 14% from the prior year. Total revenue was PK₨3.04b over the last 12 months, down 13% from the prior year.
Reported Earnings • Oct 06Full year earnings released - EPS PK₨2.92Over the last 12 months the company has reported total profits of PK₨258.8m, up 7.3% from the prior year. Total revenue was PK₨3.10b over the last 12 months, down 9.7% from the prior year. Profit margins were 8.4%, which is higher than the 7.0% margin from last year. The increase in margin was driven by lower expenses.
Is New 90 Day High Low • Sep 21New 90-day high: PK₨49.73The company is up 13% from its price of PK₨43.91 on 23 June 2020. The Pakistani market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 47% over the same period.
Reported Earnings • Sep 19Full year earnings released - EPS PK₨2.92Over the last 12 months the company has reported total profits of PK₨258.8m, up 7.3% from the prior year. Total revenue was PK₨3.10b over the last 12 months, down 9.7% from the prior year. Profit margins were 8.4%, which is higher than the 7.0% margin from last year. The increase in margin was driven by lower expenses.