FRCL Stock Overview

Engages in the manufacturing and sale of ceramic tiles, sanitary wares, and related ceramic products under the FORTE brand name in Pakistan. More details

FRCL fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Earnings have declined by 33.7% per year over past 5 years

Does not have a meaningful market cap (PKR1B)

Highly volatile share price over the past 3 months compared to the PK market

My Notes

Capture your thoughts, links and company narrative

Frontier Ceramics Limited Competitors

Karam Ceramics

KASE:KCL

PK₨871.2m

Shabbir Tiles and Ceramics

KASE:STCL

PK₨3.3b

Ghani Value Glass

KASE:GVGL

PK₨7.6b

Gammon Pakistan

KASE:GAMON

PK₨1.4b

Price History & Performance

Summary of share price highs, lows and changes for Frontier Ceramics
Historical stock prices
Current Share Price	PK₨34.74
52 Week High	PK₨36.40
52 Week Low	PK₨13.61
Beta	0.77
1 Month Change	104.35%
3 Month Change	97.84%
1 Year Change	95.28%
3 Year Change	59.36%
5 Year Change	163.18%
Change since IPO	561.71%

Recent updates

Shareholder Returns

	FRCL	PK Building	PK Market
7D	44.9%	-2.7%	-4.6%
1Y	95.3%	-3.0%	54.3%

Return vs Industry: FRCL exceeded the PK Building industry which returned -3% over the past year.

Return vs Market: FRCL exceeded the PK Market which returned 54.3% over the past year.

Price Volatility

Is FRCL's price volatile compared to industry and market?
FRCL volatility
FRCL Average Weekly Movement	12.0%
Building Industry Average Movement	5.6%
Market Average Movement	7.1%
10% most volatile stocks in PK Market	10.1%
10% least volatile stocks in PK Market	4.8%

Stable Share Price: FRCL's share price has been volatile over the past 3 months compared to the PK market.

Volatility Over Time: FRCL's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of PK stocks.

About the Company

Founded	Employees	CEO	Website
1982	765	Nadeem Khalid	www.forte.com.pk

Frontier Ceramics Limited engages in the manufacturing and sale of ceramic tiles, sanitary wares, and related ceramic products under the FORTE brand name in Pakistan. It offers floor, kitchen, wall, bathroom, living room, and outdoor tiles. The company was incorporated in 1982 and is headquartered in Islamabad, Pakistan.

Frontier Ceramics Limited Fundamentals Summary

How do Frontier Ceramics's earnings and revenue compare to its market cap?
FRCL fundamental statistics
Market cap	PK₨1.32b
Earnings (TTM)	-PK₨69.45m
Revenue (TTM)	PK₨3.64b

0.4x

P/S Ratio

-18.9x

P/E Ratio

Is FRCL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FRCL income statement (TTM)
Revenue	PK₨3.64b
Cost of Revenue	PK₨3.54b
Gross Profit	PK₨103.59m
Other Expenses	PK₨173.03m
Earnings	-PK₨69.45m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-1.83
Gross Margin	2.85%
Net Profit Margin	-1.91%
Debt/Equity Ratio	22.5%

How did FRCL perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 10:23
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Frontier Ceramics Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution

FRCL Stock Overview

Risk Analysis

Frontier Ceramics Limited Competitors

KASE:KCL

PK₨871.2m

KASE:STCL

PK₨3.3b

KASE:GVGL

PK₨7.6b

KASE:GAMON

PK₨1.4b

Price History & Performance

Recent News & Updates

Now 23% overvalued after recent price rise

Full year 2024 earnings released: PK₨2.90 loss per share (vs PK₨4.05 loss in FY 2023)

Frontier Ceramics Limited, Annual General Meeting, Oct 28, 2024

Frontier Ceramics Limited, Annual General Meeting, Oct 28, 2024

New major risk - Share price stability

Less than half of directors are independent

Recent updates

Now 23% overvalued after recent price rise

Full year 2024 earnings released: PK₨2.90 loss per share (vs PK₨4.05 loss in FY 2023)

Frontier Ceramics Limited, Annual General Meeting, Oct 28, 2024

Frontier Ceramics Limited, Annual General Meeting, Oct 28, 2024

New major risk - Share price stability

Less than half of directors are independent

Less than half of directors are independent

New major risk - Revenue and earnings growth

First half 2024 earnings released: EPS: PK₨1.10 (vs PK₨1.42 in 1H 2023)

Full year 2023 earnings released: PK₨4.05 loss per share (vs PK₨1.02 profit in FY 2022)

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Second quarter 2023 earnings released: EPS: PK₨0.89 (vs PK₨5.16 in 2Q 2022)

Investor sentiment improves as stock rises 15%

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Full year 2022 earnings released: EPS: PK₨1.02 (vs PK₨2.66 in FY 2021)

Less than half of directors are independent

Less than half of directors are independent

Now 21% undervalued after recent price drop

Now 22% undervalued after recent price drop

Now 23% undervalued after recent price drop

Less than half of directors are independent

Investor sentiment improved over the past week

Now 21% undervalued

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS PK₨2.66 (vs PK₨1.16 in FY 2020)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings released: EPS PK₨0.81 (vs PK₨0.64 in 3Q 2020)

Second quarter 2021 earnings released: EPS PK₨0.96 (vs PK₨0.44 in 2Q 2020)

New 90-day high: PK₨32.50

Investor sentiment improved over the past week

New 90-day high: PK₨27.39

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Frontier Ceramics Limited Announces Management Changes

New 90-day high: PK₨20.88

First quarter 2021 earnings released: EPS PK₨0.21

Market bids up stock over the past week

Market bids up stock over the past week

Market bids up stock over the past week

New 90-day high: PK₨15.67

New 90-day low: PK₨10.98

New 90-day high - PK₨14.99

New 90-day high - PK₨13.54

Shareholder Returns

Price Volatility

About the Company

Frontier Ceramics Limited Fundamentals Summary

0.4x

-18.9x

Earnings & Revenue

Company Analysis and Financial Data Status

Data Sources