Pakistani (KSE) Industrials Sector Analysis
- 7D-0.3%
- 3M-21.7%
- 1Y-2.3%
- YTD-6.3%
Over the last 7 days, the Industrials industry has remained flat, although notably Pakistan International Airlines gained 3.4%. Furthermore, the industry has been flat for the past year as well.
Sector Valuation and Performance
Has the Pakistani Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Thu, 02 Dec 2021 | PK₨230.0b | PK₨226.1b | PK₨46.2b | 7.4x |
| Sat, 30 Oct 2021 | PK₨257.7b | PK₨221.8b | PK₨46.1b | 7.1x |
| Mon, 27 Sep 2021 | PK₨286.8b | PK₨214.4b | PK₨25.5b | 8.9x |
| Wed, 25 Aug 2021 | PK₨306.1b | PK₨206.6b | PK₨22.7b | 10.9x |
| Thu, 01 Jul 2021 | PK₨307.3b | PK₨206.6b | PK₨22.7b | 10.9x |
| Sun, 04 Apr 2021 | PK₨279.8b | PK₨192.0b | PK₨20.2b | 10.6x |
| Wed, 06 Jan 2021 | PK₨246.8b | PK₨174.7b | PK₨15.5b | 11.1x |
| Sat, 10 Oct 2020 | PK₨174.2b | PK₨162.6b | PK₨7.1b | 11.2x |
| Fri, 03 Jul 2020 | PK₨156.5b | PK₨150.0b | PK₨3.5b | 13.7x |
| Mon, 06 Apr 2020 | PK₨113.1b | PK₨161.2b | PK₨2.6b | 10x |
| Thu, 09 Jan 2020 | PK₨156.7b | PK₨168.7b | PK₨6.0b | 11.7x |
| Wed, 02 Oct 2019 | PK₨117.8b | PK₨177.0b | PK₨6.4b | 8.6x |
| Sat, 06 Jul 2019 | PK₨136.6b | PK₨182.3b | PK₨7.8b | 10.8x |
| Tue, 09 Apr 2019 | PK₨161.4b | PK₨187.9b | PK₨12.0b | 8.8x |
| Mon, 31 Dec 2018 | PK₨174.6b | PK₨194.6b | PK₨12.1b | 8.6x |
10.6x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 10.7x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Industrials industry have grown 45% per year over the last three years, and revenues for these companies have grown 4.3% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Pakistani Industrials sector?
| Industrials | 13.66% | |
| Construction | 1.63% | |
| Marine and Shipping | 0.75% | |
| Infrastructure | 0.41% | |
| Professional Services | 0% | |
| Machinery | -0.15% | |
| Trade Distributors | -0.17% | |
| Building | -0.38% | |
| Electrical | -0.75% | |
| Commercial Services | -2.26% | |
| Logistics | -3.91% | |
Industry PE: Investors are most optimistic about the Machinery industry even though it's trading below its 3-year average PE ratio of 20.4x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Marine and Shipping industry, which is trading below its 3-year average of 4.3x.
Forecasted Growth: Analysts are most optimistic on the Trade Distributors industry, expecting annual earnings growth of 18% over the next 5 years. However this is lower than its past earnings growth rate of 172% per year. Meanwhile, the Electrical industry is expected to see its earnings grow by 16% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| MTL Millat Tractors | 1.2%+PK₨686.8m | 7.7% | PE9.8x | |
| SIEM Siemens (Pakistan) Engineering | 13.7%+PK₨629.5m | 19.6% | PS0.4x | |
| PIBTL Pakistan International Bulk Terminal | 4.1%+PK₨553.7m | -39.0% | PE10.8x | |
| PIAA Pakistan International Airlines | 2.4%+PK₨523.5m | -5.4% | PS0.2x | |
| TPL TPL | 8.4%+PK₨403.6m | 164.5% | PS1x |