Millat Tractors Limited

KASE:MTL Stock Report

Market Cap: PK₨116.1b

Millat Tractors Past Earnings Performance

Past criteria checks 4/6

Millat Tractors has been growing earnings at an average annual rate of 22%, while the Machinery industry saw earnings growing at 13.5% annually. Revenues have been growing at an average rate of 24.4% per year. Millat Tractors's return on equity is 68.4%, and it has net margins of 10.1%.

Key information

22.0%

Earnings growth rate

21.8%

EPS growth rate

Machinery Industry Growth5.3%
Revenue growth rate24.4%
Return on equity68.4%
Net Margin10.1%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Millat Tractors makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

KASE:MTL Revenue, expenses and earnings (PKR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2481,1938,2343,8190
30 Jun 2495,02110,0943,8830
31 Mar 2486,8078,9863,7030
31 Dec 2378,8857,8493,1910
30 Sep 2362,1945,1122,7670
30 Jun 2347,1393,2932,3800
31 Mar 2347,2842,9612,2940
31 Dec 2244,5013,1282,1680
30 Sep 2252,1854,5472,1030
30 Jun 2255,0105,3652,0900
31 Mar 2252,3956,1612,0910
31 Dec 2151,2296,1872,1710
30 Sep 2147,0556,1332,0850
30 Jun 2145,6656,0222,0050
31 Mar 2139,9485,1511,8130
31 Dec 2032,8893,9981,5630
30 Sep 2027,4652,8021,4940
30 Jun 2023,8971,9951,4230
31 Mar 2025,3162,0621,4070
31 Dec 1927,1062,3921,3810
30 Sep 1927,4672,5571,3950
30 Jun 1932,0313,3621,4280
31 Mar 1933,6093,8071,4680
31 Dec 1836,3194,3131,5270
30 Sep 1840,2325,3281,5000
30 Jun 1839,5865,3881,4920
31 Mar 1838,9995,4571,4110
31 Dec 1738,0675,6401,3580
30 Sep 1736,0625,1631,3710
30 Jun 1731,6124,4561,2700
31 Mar 1727,9703,9091,2560
31 Dec 1621,9022,9531,1560
30 Sep 1619,0032,1111,0220
30 Jun 1617,9611,8409830
31 Mar 1619,5031,7261,1440
31 Dec 1521,5901,8021,1000
30 Sep 1522,9372,2461,1720
30 Jun 1524,0452,4831,1360
31 Mar 1521,9822,3319760
31 Dec 1418,7501,7719390
30 Sep 1419,4251,8459300
30 Jun 1417,4221,4229030
31 Mar 1419,7431,6998560
31 Dec 1321,2401,9989040

Quality Earnings: MTL has a high level of non-cash earnings.

Growing Profit Margin: MTL's current net profit margins (10.1%) are higher than last year (8.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MTL's earnings have grown significantly by 22% per year over the past 5 years.

Accelerating Growth: MTL's earnings growth over the past year (61.1%) exceeds its 5-year average (22% per year).

Earnings vs Industry: MTL earnings growth over the past year (61.1%) exceeded the Machinery industry 4.8%.

Return on Equity

High ROE: Whilst MTL's Return on Equity (68.38%) is outstanding, this metric is skewed due to their high level of debt.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 16:56
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Millat Tractors Limited is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Hasnain ImamAL Habib Capital Markets (Private) Limited
null nullArif Habib Limited
Malik Muhammad AkbarBIPL Securities Limited