How does HCAR's PE Ratio compare to its peers?

HCAR is expensive based on its Price-To-Earnings Ratio (20.9x) compared to the peer average (10.5x).

How does HCAR's PE Ratio compare vs other companies in the Asian Auto Industry?

HCAR is expensive based on its Price-To-Earnings Ratio (20.9x) compared to the Asian Auto industry average (19.2x).

What is HCAR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate HCAR's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of HCAR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

HCAR (PKR288.56) is trading above our estimate of [[fair value]] (PKR28.35)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

Honda Atlas Cars (Pakistan) (KASE:HCAR) - Stock Price, News & Analysis

HCAR Stock Overview

Engages in the assembling, manufacture, and sale of Honda vehicles and spare parts in Pakistan and Thailand. More details

HCAR fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	2/6
Financial Health	5/6
Dividends	2/6

Risk Analysis

High level of non-cash earnings

Earnings have declined by 1.8% per year over past 5 years

Honda Atlas Cars (Pakistan) Limited Competitors

Ghandhara Industries

KASE:GHNI

PK₨17.8b

Indus Motor

KASE:INDU

PK₨157.8b

Ghandhara Automobiles

KASE:GAL

PK₨15.8b

Thal

KASE:THALL

PK₨38.9b

Price History & Performance

Summary of all time highs, changes and price drops for Honda Atlas Cars (Pakistan)
Historical stock prices
Current Share Price	PK₨288.56
52 Week High	PK₨344.00
52 Week Low	PK₨190.30
Beta	0.98
11 Month Change	5.98%
3 Month Change	15.07%
1 Year Change	25.45%
33 Year Change	44.79%
5 Year Change	28.61%
Change since IPO	1,862.21%

Recent updates

Shareholder Returns

	HCAR	PK Auto	PK Market
7D	9.1%	2.3%	6.4%
1Y	25.5%	78.8%	42.9%

Return vs Industry: HCAR underperformed the PK Auto industry which returned 78.8% over the past year.

Return vs Market: HCAR underperformed the PK Market which returned 42.9% over the past year.

Price Volatility

Is HCAR's price volatile compared to industry and market?
HCAR volatility
HCAR Average Weekly Movement	6.2%
Auto Industry Average Movement	6.2%
Market Average Movement	6.4%
10% most volatile stocks in PK Market	9.7%
10% least volatile stocks in PK Market	4.3%

Stable Share Price: HCAR has not had significant price volatility in the past 3 months compared to the PK market.

Volatility Over Time: HCAR's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1992	1,378	Takafumi Koike	www.honda.com.pk

Honda Atlas Cars (Pakistan) Limited engages in the assembling, manufacture, and sale of Honda vehicles and spare parts in Pakistan and Thailand. The company was incorporated in 1992 and is headquartered in Lahore, Pakistan. Honda Atlas Cars (Pakistan) Limited operates as a subsidiary of Honda Motor Co., Ltd.

Honda Atlas Cars (Pakistan) Limited Fundamentals Summary

How do Honda Atlas Cars (Pakistan)'s earnings and revenue compare to its market cap?
HCAR fundamental statistics
Market cap	PK₨40.45b
Earnings (TTM)	PK₨1.97b
Revenue (TTM)	PK₨69.91b

20.9x

P/E Ratio

0.6x

P/S Ratio

Is HCAR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HCAR income statement (TTM)
Revenue	PK₨69.91b
Cost of Revenue	PK₨64.69b
Gross Profit	PK₨5.22b
Other Expenses	PK₨3.24b
Earnings	PK₨1.97b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	13.82
Gross Margin	7.46%
Net Profit Margin	2.82%
Debt/Equity Ratio	28.7%

How did HCAR perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

47%

Payout Ratio

HCAR Stock Overview

Risk Analysis

Honda Atlas Cars (Pakistan) Limited Competitors

KASE:GHNI

PK₨17.8b

KASE:INDU

PK₨157.8b

KASE:GAL

PK₨15.8b

KASE:THALL

PK₨38.9b

Price History & Performance

Recent News & Updates

New major risk - Earnings quality

Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind

Honda Atlas Cars (Pakistan) Limited to Report First Half, 2025 Results on Nov 22, 2024

Investor sentiment improves as stock rises 16%

Price target increased by 7.1% to PK₨277

Price target increased by 7.1% to PK₨277

Recent updates

New major risk - Earnings quality

Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind

Honda Atlas Cars (Pakistan) Limited to Report First Half, 2025 Results on Nov 22, 2024

Investor sentiment improves as stock rises 16%

Price target increased by 7.1% to PK₨277

Price target increased by 7.1% to PK₨277

Price target increased by 7.1% to PK₨277

First quarter 2025 earnings released: EPS: PK₨1.42 (vs PK₨1.02 in 1Q 2024)

Upcoming dividend of PK₨6.50 per share

Full year 2024 earnings released: EPS: PK₨16.34 (vs PK₨1.82 in FY 2023)

Honda Atlas Cars (Pakistan) Limited Appoints Shinobu Nakamura as Director

New major risk - Share price stability

Third quarter 2024 earnings released: EPS: PK₨1.00 (vs PK₨5.68 in 3Q 2023)

Investor sentiment deteriorates as stock falls 18%

Investor sentiment improves as stock rises 23%

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Price target increased by 16% to PK₨168

First quarter 2024 earnings released: EPS: PK₨1.02 (vs PK₨4.61 in 1Q 2023)

Investor sentiment improves as stock rises 20%

New minor risk - Share price stability

Investor sentiment improves as stock rises 15%

New major risk - Earnings quality

Price target decreased by 16% to PK₨138

Full year 2023 earnings: EPS and revenues miss analyst expectations

Price target decreased by 8.3% to PK₨164

Consensus EPS estimates fall by 16%

Investor sentiment improved over the past week

Less than half of directors are independent

Investor sentiment improved over the past week

Consensus revenue estimates fall by 26%

Upcoming dividend of PK₨7.00 per share

Price target decreased to PK₨269

Less than half of directors are independent

Honda Atlas Cars (Pakistan) Limited Announces CEO Changes, Effective April 1, 2022

Price target decreased to PK₨264

Consensus forecasts updated

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS PK₨6.58 (vs PK₨4.60 in 2Q 2021)

Investor sentiment deteriorated over the past week

Price target increased to PK₨397

Consensus revenue estimates increase to PK₨97.4b

Full year 2021 earnings released: EPS PK₨12.56 (vs PK₨4.77 in FY 2020)

Upcoming dividend of PK₨4.52 per share

Investor sentiment deteriorated over the past week

New 90-day low: PK₨282

Price target raised to PK₨334

Third quarter 2021 earnings released: EPS PK₨5.26 (vs PK₨0.29 loss in 3Q 2020)

Revenue and earnings beat expectations

New 90-day high: PK₨330

Price target raised to PK₨280

Second quarter 2021 earnings released: EPS PK₨4.60

Earnings beat expectations, revenue disappoints

Price target raised to PK₨240

New 90-day high - PK₨264

Shareholder Returns

Price Volatility

About the Company

Honda Atlas Cars (Pakistan) Limited Fundamentals Summary

20.9x