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BTL

Blessed Textiles KASE:BTL Stock Report

Last Price

PK₨512.00

Market Cap

PK₨3.3b

7D

7.8%

1Y

3.7%

Updated

17 Aug, 2022

Data

Company Financials
BTL fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance6/6
Financial Health6/6
Dividends3/6

BTL Stock Overview

Blessed Textiles Limited produces and sells yarn and woven fabrics in Pakistan.

Blessed Textiles Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Blessed Textiles
Historical stock prices
Current Share PricePK₨512.00
52 Week HighPK₨602.00
52 Week LowPK₨371.00
Beta0.30
1 Month Change7.79%
3 Month Change4.49%
1 Year Change3.67%
3 Year Change136.45%
5 Year Change124.56%
Change since IPO4,029.03%

Recent News & Updates

Shareholder Returns

BTLPK LuxuryPK Market
7D7.8%7.7%2.7%
1Y3.7%-11.8%-13.7%

Return vs Industry: BTL exceeded the PK Luxury industry which returned -11.8% over the past year.

Return vs Market: BTL exceeded the PK Market which returned -13.7% over the past year.

Price Volatility

Is BTL's price volatile compared to industry and market?
BTL volatility
BTL Average Weekly Movementn/a
Luxury Industry Average Movement6.3%
Market Average Movement5.4%
10% most volatile stocks in PK Market8.0%
10% least volatile stocks in PK Market3.2%

Stable Share Price: Insufficient data to determine BTL's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine BTL's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
19871,374Mohammad Aminhttps://www.umergroup.com/blessed-corporate-information.html

Blessed Textiles Limited produces and sells yarn and woven fabrics in Pakistan. It also exports its products. The company was incorporated in 1987 and is based in Karachi, Pakistan.

Blessed Textiles Fundamentals Summary

How do Blessed Textiles's earnings and revenue compare to its market cap?
BTL fundamental statistics
Market CapPK₨3.29b
Earnings (TTM)PK₨2.77b
Revenue (TTM)PK₨16.80b

1.2x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BTL income statement (TTM)
RevenuePK₨16.80b
Cost of RevenuePK₨12.84b
Gross ProfitPK₨3.96b
Other ExpensesPK₨1.19b
EarningsPK₨2.77b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)430.71
Gross Margin23.57%
Net Profit Margin16.49%
Debt/Equity Ratio42.8%

How did BTL perform over the long term?

See historical performance and comparison

Dividends

6.4%

Current Dividend Yield

8%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is BTL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BTL?

Other financial metrics that can be useful for relative valuation.

BTL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.3x
Enterprise Value/EBITDA1.5x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

BTL PE Ratio vs Peers
The above table shows the PE ratio for BTL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average1.9x
MSOT Masood Textile Mills
1.5xn/aPK₨3.2b
BHAT Bhanero Textile Mills
1.6xn/aPK₨3.8b
SUTM Sunrays Textile Mills
2.6xn/aPK₨4.3b
ZAHID Zahidjee Textile Mills
2.1xn/aPK₨4.6b
BTL Blessed Textiles
1.2xn/aPK₨3.3b

Price-To-Earnings vs Peers: BTL is good value based on its Price-To-Earnings Ratio (1.2x) compared to the peer average (1.9x).


Price to Earnings Ratio vs Industry

How does BTL's PE Ratio compare vs other companies in the PK Luxury Industry?

Price-To-Earnings vs Industry: BTL is good value based on its Price-To-Earnings Ratio (1.2x) compared to the PK Luxury industry average (1.9x)


Price to Earnings Ratio vs Fair Ratio

What is BTL'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.

BTL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio1.2x
Fair PE Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: BTL (PKR512) is trading below our estimate of fair value (PKR3229.05)

Significantly Below Fair Value: BTL is trading below fair value by more than 20%.


Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Blessed Textiles forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


20.6%

Forecasted Consumer Durables industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Blessed Textiles has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


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  • Examine whether Blessed Textiles is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.

Past Performance

How has Blessed Textiles performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


46.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BTL has high quality earnings.

Growing Profit Margin: BTL's current net profit margins (16.5%) are higher than last year (3.4%).


Past Earnings Growth Analysis

Earnings Trend: BTL's earnings have grown significantly by 46.9% per year over the past 5 years.

Accelerating Growth: BTL's earnings growth over the past year (546.4%) exceeds its 5-year average (46.9% per year).

Earnings vs Industry: BTL earnings growth over the past year (546.4%) exceeded the Luxury industry 234%.


Return on Equity

High ROE: BTL's Return on Equity (41.1%) is considered outstanding.


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Financial Health

How is Blessed Textiles's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: BTL's short term assets (PKR7.2B) exceed its short term liabilities (PKR1.9B).

Long Term Liabilities: BTL's short term assets (PKR7.2B) exceed its long term liabilities (PKR2.7B).


Debt to Equity History and Analysis

Debt Level: BTL's net debt to equity ratio (30.7%) is considered satisfactory.

Reducing Debt: BTL's debt to equity ratio has reduced from 70.9% to 42.8% over the past 5 years.

Debt Coverage: BTL's debt is well covered by operating cash flow (103.4%).

Interest Coverage: BTL's interest payments on its debt are well covered by EBIT (29.8x coverage).


Balance Sheet


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Dividend

What is Blessed Textiles's current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


6.44%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: BTL's dividend (6.45%) is higher than the bottom 25% of dividend payers in the PK market (3.71%).

High Dividend: BTL's dividend (6.45%) is low compared to the top 25% of dividend payers in the PK market (10.29%).


Stability and Growth of Payments

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

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


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (7.7%), BTL's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Insufficient data to calculate cash payout ratio to determine if its dividend payments are covered by cash flows.


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Management

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


CEO

Mohammad Amin

no data

Tenure

Mr. Mohammad Amin serves as Chief Executive Officer of Blessed Textiles Limited (alternately Blessed Textiles Mills). Mr. Amin serves as a Non-Executive Director of Faisal Spinning Mills Ltd. He serves as...


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

Blessed Textiles Limited's employee growth, exchange listings and data sources


Key Information


Number of Employees


Location

  • Blessed Textiles Limited
  • Umer House
  • 23/1, Sector 23
  • Karachi
  • 74900
  • Pakistan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/17 00:00
End of Day Share Price2022/08/16 00:00
Earnings2021/09/30
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.