Pakistani (KSE) Market Analysis & Valuation
UpdatedMay 22, 2022
DataAggregated Company Financials
Companies418
- 7D-0.8%
- 3M-8.7%
- 1Y-12.1%
- YTD-7.7%
The Communication Services sector gained 3.0% while the market remained flat over the last week. The past year hasn't been profitable, with the market dropping 12%. As for the next few years, earnings are expected to grow by 3.7% per annum.
Market Valuation and Performance
Has the Pakistani Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Mon, 23 May 2022 | PK₨7.1t | PK₨13.0t | PK₨1.3t | 5.7x |
| Wed, 20 Apr 2022 | PK₨7.7t | PK₨12.7t | PK₨1.3t | 6.1x |
| Fri, 18 Mar 2022 | PK₨7.3t | PK₨12.3t | PK₨1.3t | 5.7x |
| Sun, 13 Feb 2022 | PK₨7.8t | PK₨11.7t | PK₨1.2t | 6.8x |
| Tue, 11 Jan 2022 | PK₨7.8t | PK₨11.6t | PK₨1.2t | 7x |
| Thu, 09 Dec 2021 | PK₨7.4t | PK₨11.6t | PK₨1.2t | 6.7x |
| Sat, 06 Nov 2021 | PK₨8.0t | PK₨11.5t | PK₨1.2t | 7.6x |
| Mon, 04 Oct 2021 | PK₨7.7t | PK₨10.8t | PK₨1.1t | 8.3x |
| Wed, 01 Sep 2021 | PK₨8.2t | PK₨10.5t | PK₨1.1t | 9.4x |
| Thu, 08 Jul 2021 | PK₨8.2t | PK₨10.5t | PK₨1.1t | 9.1x |
| Wed, 31 Mar 2021 | PK₨7.8t | PK₨9.9t | PK₨981.5b | 8.9x |
| Sat, 02 Jan 2021 | PK₨7.9t | PK₨9.1t | PK₨816.5b | 10.7x |
| Tue, 06 Oct 2020 | PK₨7.5t | PK₨9.1t | PK₨724.5b | 10.1x |
| Fri, 10 Jul 2020 | PK₨6.4t | PK₨8.9t | PK₨644.0b | 9.9x |
| Thu, 02 Apr 2020 | PK₨5.5t | PK₨9.5t | PK₨686.9b | 7.3x |
| Sun, 05 Jan 2020 | PK₨7.7t | PK₨9.8t | PK₨723.8b | 8.7x |
| Wed, 09 Oct 2019 | PK₨6.1t | PK₨9.5t | PK₨716.2b | 6.6x |
| Tue, 02 Jul 2019 | PK₨6.8t | PK₨9.4t | PK₨735.0b | 7.4x |
Median PE Ratio
7.5x
Current Market PE
- Investors are relatively neutral on the market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
- The market is trading close to its 3-year average PE ratio of 8.5x.
Past Earnings Growth
- The earnings for Pakistani listed companies have grown 23% per year over the last three years.
- Revenues for these companies have grown 12% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Pakistani Market?
| PK Market | -0.82% | |
| Telecom | 3.04% | |
| Industrials | 0.39% | |
| Consumer Staples | -0.10% | |
| Materials | -0.19% | |
| Tech | -0.30% | |
| Consumer Discretionary | -0.33% | |
| Financials | -0.74% | |
| Utilities | -1.30% | |
| Real Estate | -2.00% | |
| Energy | -2.86% | |
| Healthcare | -2.93% | |
Sector PE
- Investors are most optimistic about the Tech sector even though it's trading below its 3-year average PE ratio of 26.9x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Consumer Discretionary sector, which is trading below its 3-year average of 6.7x.
Forecasted Growth
- Analysts are most optimistic on the Consumer Staples sector, expecting annual earnings growth of 29% over the next 5 years.
- This is better than its past earnings growth rate of 8.0% per year.
- In contrast, the Energy sector is expected to see its earnings decline by 4.2% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| EPCL Engro Polymer and Chemicals | PK₨87.63 | 10.5% +PK₨7.6b | 71.4% | PS5.2x | Materials | |
| COLG Colgate-Palmolive (Pakistan) | PK₨2.15k | 2.5% +PK₨3.8b | -13.4% | PS26.8x | Consumer Staples | |
| SFL Sapphire Fibres | PK₨1.09k | 19.8% +PK₨3.7b | 36.6% | PS3.7x | Consumer Discretionary | |
| FFC Fauji Fertilizer | PK₨118.30 | 2.1% +PK₨3.1b | 8.6% | PS4.2x | Materials | |
| TSML Tandlianwala Sugar Mills | PK₨124.99 | 25.0% +PK₨2.9b | -8.4% | PS0.6x | Consumer Staples |