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INDU

Indus Motor KASE:INDU Stock Report

Last Price

PK₨1.31k

Market Cap

PK₨102.8b

7D

0.5%

1Y

16.2%

Updated

18 May, 2022

Data

Company Financials +
INDU fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance4/6
Financial Health5/6
Dividends4/6

INDU Stock Overview

Indus Motor Company Limited manufactures and markets Toyota brand vehicles in Pakistan.

Indus Motor Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Indus Motor
Historical stock prices
Current Share PricePK₨1,308.20
52 Week HighPK₨1,535.00
52 Week LowPK₨1,051.00
Beta1.08
1 Month Change-3.81%
3 Month Change-6.55%
1 Year Change16.23%
3 Year Change10.50%
5 Year Change-34.56%
Change since IPO3,445.26%

Recent News & Updates

Shareholder Returns

INDUPK AutoPK Market
7D0.5%-1.5%-1.8%
1Y16.2%-13.3%-12.4%

Return vs Industry: INDU exceeded the PK Auto industry which returned -13.3% over the past year.

Return vs Market: INDU exceeded the PK Market which returned -12.4% over the past year.

Price Volatility

Is INDU's price volatile compared to industry and market?
INDU volatility
INDU Average Weekly Movement3.8%
Auto Industry Average Movement5.7%
Market Average Movement5.7%
10% most volatile stocks in PK Market8.9%
10% least volatile stocks in PK Market3.5%

Stable Share Price: INDU is less volatile than 75% of PK stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: INDU's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19892,943Ali Asghar Jamalihttps://www.toyota-indus.com

Indus Motor Company Limited manufactures and markets Toyota brand vehicles in Pakistan. The company offers passenger cars under the Corolla and Yaris brands; light commercial vehicles under the Hilux brand; and sports utility vehicles under the Fortuner brand. It also distributes the Toyota and Daihatsu brand vehicles.

Indus Motor Fundamentals Summary

How do Indus Motor's earnings and revenue compare to its market cap?
INDU fundamental statistics
Market CapPK₨102.82b
Earnings (TTM)PK₨19.71b
Revenue (TTM)PK₨251.41b

5.2x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
INDU income statement (TTM)
RevenuePK₨251.41b
Cost of RevenuePK₨228.06b
Gross ProfitPK₨23.35b
Other ExpensesPK₨3.64b
EarningsPK₨19.71b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)250.71
Gross Margin9.29%
Net Profit Margin7.84%
Debt/Equity Ratio1.2%

How did INDU perform over the long term?

See historical performance and comparison

Dividends

7.9%

Current Dividend Yield

51%

Payout Ratio

Valuation

Is Indus Motor undervalued compared to its fair value and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


5.22x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: INDU (PKR1308.2) is trading above our estimate of fair value (PKR668.87)

Significantly Below Fair Value: INDU is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: INDU is good value based on its PE Ratio (5.2x) compared to the PK Auto industry average (8.1x).

PE vs Market: INDU is good value based on its PE Ratio (5.2x) compared to the PK market (5.6x).


Price to Earnings Growth Ratio

PEG Ratio: INDU is poor value based on its PEG Ratio (12.3x)


Price to Book Ratio

PB vs Industry: INDU is overvalued based on its PB Ratio (1.9x) compared to the PK Auto industry average (1.1x).


Future Growth

How is Indus Motor forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


0.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: INDU's forecast earnings growth (0.4% per year) is below the savings rate (10.2%).

Earnings vs Market: INDU's earnings (0.4% per year) are forecast to grow slower than the PK market (3.1% per year).

High Growth Earnings: INDU's earnings are forecast to grow, but not significantly.

Revenue vs Market: INDU's revenue (1.3% per year) is forecast to grow slower than the PK market (3.3% per year).

High Growth Revenue: INDU's revenue (1.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: INDU's Return on Equity is forecast to be high in 3 years time (29.2%)


Past Performance

How has Indus Motor performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-1.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: INDU has a large one-off gain of PKR4.7B impacting its March 31 2022 financial results.

Growing Profit Margin: INDU's current net profit margins (7.8%) are higher than last year (6%).


Past Earnings Growth Analysis

Earnings Trend: INDU's earnings have declined by 1.5% per year over the past 5 years.

Accelerating Growth: INDU's earnings growth over the past year (131.5%) exceeds its 5-year average (-1.5% per year).

Earnings vs Industry: INDU earnings growth over the past year (131.5%) exceeded the Auto industry 26.9%.


Return on Equity

High ROE: INDU's Return on Equity (35.5%) is considered high.


Financial Health

How is Indus Motor's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: INDU's short term assets (PKR169.5B) exceed its short term liabilities (PKR138.9B).

Long Term Liabilities: INDU's short term assets (PKR169.5B) exceed its long term liabilities (PKR381.9M).


Debt to Equity History and Analysis

Debt Level: INDU has more cash than its total debt.

Reducing Debt: Insufficient data to determine if INDU's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: INDU's debt is well covered by operating cash flow (10453.7%).

Interest Coverage: INDU earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Indus Motor current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


7.91%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: INDU's dividend (7.91%) is higher than the bottom 25% of dividend payers in the PK market (3.72%).

High Dividend: INDU's dividend (7.91%) is low compared to the top 25% of dividend payers in the PK market (11.25%).


Stability and Growth of Payments

Stable Dividend: INDU's dividend payments have been volatile in the past 10 years.

Growing Dividend: INDU's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (50.7%), INDU's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (11.7%), INDU's dividend payments are thoroughly covered by cash flows.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

Ali Asghar Jamali

5.33yrs

Tenure

Mr. Ali Asghar Abbas Jamali has been the Chief Executive Officer of Indus Motor Company Limited since January 1, 2017. Mr. Jamali served as the Chief Operating Officer at Indus Motor Company Limited until...


Leadership Team

Experienced Management: INDU's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: INDU's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Indus Motor Company Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Indus Motor Company Limited
  • Ticker: INDU
  • Exchange: KASE
  • Founded: 1989
  • Industry: Automobile Manufacturers
  • Sector: Automobiles
  • Implied Market Cap: PK₨102.825b
  • Shares outstanding: 78.60m
  • Website: https://www.toyota-indus.com

Number of Employees


Location

  • Indus Motor Company Limited
  • Plot No. N.W.Z/1/P-1
  • Port Qasim Authority
  • Karachi
  • Pakistan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/18 00:00
End of Day Share Price2022/05/18 00:00
Earnings2022/03/31
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.