Pakistani (KSE) Specialized Finance Industry Analysis

Industry Valuation and Performance

Has the Pakistani Specialized Finance Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Thu, 09 Jul 2026	PK₨5.1b	PK₨2.1b	PK₨230.0m	42.4x	22x	2.5x
Sat, 06 Jun 2026	PK₨4.9b	PK₨2.1b	PK₨230.0m	42.9x	21.1x	2.4x
Mon, 04 May 2026	PK₨4.2b	PK₨2.1b	PK₨227.1m	36.5x	18.6x	2.1x
Wed, 01 Apr 2026	PK₨4.0b	PK₨2.1b	PK₨236.9m	30.6x	16.8x	1.9x
Fri, 27 Feb 2026	PK₨4.5b	PK₨2.1b	PK₨256.8m	23.6x	17.6x	2.2x
Sun, 25 Jan 2026	PK₨5.6b	PK₨2.2b	PK₨275.9m	28.7x	20.4x	2.5x
Tue, 23 Dec 2025	PK₨6.0b	PK₨2.2b	PK₨275.9m	34.7x	21.7x	2.7x
Thu, 20 Nov 2025	PK₨7.1b	PK₨2.2b	PK₨279.2m	61.9x	25.6x	3.2x
Sat, 18 Oct 2025	PK₨7.4b	PK₨2.4b	PK₨294.1m	62.1x	25x	3.1x
Mon, 15 Sep 2025	PK₨6.3b	PK₨2.6b	PK₨291.8m	14.2x	21.6x	2.5x
Wed, 13 Aug 2025	PK₨5.8b	PK₨2.6b	PK₨291.8m	18.8x	19.7x	2.3x
Fri, 11 Jul 2025	PK₨4.7b	PK₨2.6b	PK₨291.8m	15.6x	16.1x	1.8x
Sun, 08 Jun 2025	PK₨3.7b	PK₨2.6b	PK₨291.8m	13.9x	12.8x	1.5x
Tue, 06 May 2025	PK₨3.2b	PK₨2.6b	PK₨291.6m	6.7x	10.9x	1.2x
Thu, 03 Apr 2025	PK₨2.9b	PK₨2.7b	PK₨305.9m	5.6x	9.4x	1.1x
Sat, 01 Mar 2025	PK₨3.0b	PK₨2.7b	PK₨315.6m	5x	9.5x	1.1x
Mon, 27 Jan 2025	PK₨3.1b	PK₨2.8b	PK₨324.7m	5.8x	9.6x	1.1x
Wed, 25 Dec 2024	PK₨3.0b	PK₨2.8b	PK₨324.7m	6.1x	9.2x	1.1x
Fri, 22 Nov 2024	PK₨2.7b	PK₨2.8b	PK₨323.0m	5.3x	8.4x	1x
Sun, 20 Oct 2024	PK₨2.5b	PK₨2.8b	PK₨345.3m	5.4x	7.2x	0.9x
Tue, 17 Sep 2024	PK₨2.8b	PK₨2.5b	PK₨321.0m	5.9x	8.6x	1.1x
Thu, 15 Aug 2024	PK₨2.6b	PK₨2.5b	PK₨327.0m	5.4x	8x	1.1x
Sat, 13 Jul 2024	PK₨2.5b	PK₨2.5b	PK₨327.0m	5.4x	7.6x	1x
Mon, 10 Jun 2024	PK₨2.2b	PK₨2.5b	PK₨337.5m	5.1x	6.4x	0.9x
Wed, 08 May 2024	PK₨1.9b	PK₨2.5b	PK₨335.4m	4.7x	5.5x	0.8x
Fri, 05 Apr 2024	PK₨1.9b	PK₨2.4b	PK₨359.6m	4.3x	5.3x	0.8x
Sun, 03 Mar 2024	PK₨1.9b	PK₨2.4b	PK₨329.6m	4.7x	5.7x	0.8x
Tue, 30 Jan 2024	PK₨1.9b	PK₨2.4b	PK₨312.3m	5.4x	6x	0.8x
Thu, 28 Dec 2023	PK₨1.9b	PK₨2.4b	PK₨312.3m	5.1x	6.2x	0.8x
Sat, 25 Nov 2023	PK₨2.0b	PK₨2.4b	PK₨324.6m	4.6x	6.1x	0.8x
Mon, 23 Oct 2023	PK₨1.6b	PK₨2.4b	PK₨296.7m	4.3x	5.4x	0.7x
Wed, 20 Sep 2023	PK₨1.6b	PK₨2.3b	PK₨231.6m	3.5x	6.7x	0.7x
Fri, 18 Aug 2023	PK₨1.7b	PK₨2.3b	PK₨231.6m	3.5x	7.3x	0.7x
Sun, 16 Jul 2023	PK₨1.6b	PK₨2.3b	PK₨231.6m	3.4x	6.7x	0.7x

Current Industry PE

Investors are optimistic on the Pakistani Specialized Finance industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 22.0x which is higher than its 3-year average PE of 12.1x.

The 3-year average PS ratio of 1.5x is lower than the industry's current PS ratio of 2.5x.

Past Earnings Growth

The earnings for companies in the Specialized Finance industry have remained mostly flat over the last three years.
Meanwhile revenues for these companies have declined 3.6% per year.
This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.

Industry Comparison

How does Pakistani Specialized Finance compare with similar industries?


PK Market	-0.72%
Financials	0.55%
Diversified Financial	8.51%
Specialized Finance	-1.99%
Other Diversified Financial Services	11.22%
Multi-Sector Holdings	0%	0

Industry PEThere are no additional sub-industries under this industry.

Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company	Last Price	7D	1Y	Valuation
PGLC Pak-Gulf Leasing	PK₨15.50	9.9% +PK₨68.8m	-22.1%	PE11.5x
TRSM Trust Modaraba	PK₨16.34	2.9% +PK₨13.7m	87.4%	PE73.7x
PIM Popular Islamic Modaraba	PK₨23.56	1.6% +PK₨7.2m	23.4%	n/a
OLPM OLP Modaraba	PK₨25.00	0.1% +PK₨1.4m	27.6%	PE7.3x

New minor risk - Shareholder dilution

The company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (31% accrual ratio). Revenue is less than US$1m (PK₨264m revenue, or US$950k). Market cap is less than US$10m (PK₨761.8m market cap, or US$2.74m). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Profit margins are more than 30% lower than last year (3.7% net profit margin). Shareholders have been diluted in the past year (24% increase in shares outstanding).

Pakistani (KSE) Specialized Finance Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

New minor risk - Shareholder dilution

New minor risk - Share price stability

Third quarter 2026 earnings released: EPS: PK₨0.06 (vs PK₨0.04 loss in 3Q 2025)

Third quarter 2026 earnings released: PK₨0.08 loss per share (vs PK₨0.085 profit in 3Q 2025)

Third quarter 2026 earnings released: EPS: PK₨0.99 (vs PK₨1.01 in 3Q 2025)

First Elite Capital Modaraba to Report Q3, 2026 Results on Apr 24, 2026

Popular Islamic Modaraba to Report Q3, 2026 Results on Apr 24, 2026

UDL International Limited to Report Q3, 2026 Results on Apr 29, 2026