company background image
CTM

Colony Textile Mills KASE:CTM Stock Report

Last Price

PK₨3.65

Market Cap

PK₨1.8b

7D

-2.7%

1Y

-28.3%

Updated

26 Sep, 2022

Data

Company Financials
CTM fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends0/6

CTM Stock Overview

Colony Textile Mills Limited manufactures and sells yarns, fabrics, and garments made ups in Pakistan.

Colony Textile Mills Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Colony Textile Mills
Historical stock prices
Current Share PricePK₨3.65
52 Week HighPK₨5.85
52 Week LowPK₨3.32
Beta1.49
1 Month Change-10.76%
3 Month Change-3.95%
1 Year Change-28.29%
3 Year Change30.36%
5 Year Change-40.55%
Change since IPO-43.06%

Recent News & Updates

Shareholder Returns

CTMPK LuxuryPK Market
7D-2.7%1.8%-1.0%
1Y-28.3%-9.3%-14.2%

Return vs Industry: CTM underperformed the PK Luxury industry which returned -10.3% over the past year.

Return vs Market: CTM underperformed the PK Market which returned -16.3% over the past year.

Price Volatility

Is CTM's price volatile compared to industry and market?
CTM volatility
CTM Average Weekly Movement5.9%
Luxury Industry Average Movement6.0%
Market Average Movement4.9%
10% most volatile stocks in PK Market7.8%
10% least volatile stocks in PK Market3.2%

Stable Share Price: CTM is not significantly more volatile than the rest of PK stocks over the past 3 months, typically moving +/- 6% a week.

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

About the Company

FoundedEmployeesCEOWebsite
19469,777Fareed Sheikhhttps://www.colonytextiles.com

Colony Textile Mills Limited manufactures and sells yarns, fabrics, and garments made ups in Pakistan. It operates through three segments: Spinning, Weaving, and Stitching. The company’s Spinning segment produces various qualities of yarn using natural and artificial fibers.

Colony Textile Mills Fundamentals Summary

How do Colony Textile Mills's earnings and revenue compare to its market cap?
CTM fundamental statistics
Market CapPK₨1.82b
Earnings (TTM)PK₨726.17m
Revenue (TTM)PK₨32.11b

2.5x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CTM income statement (TTM)
RevenuePK₨32.11b
Cost of RevenuePK₨29.50b
Gross ProfitPK₨2.61b
Other ExpensesPK₨1.88b
EarningsPK₨726.17m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.46
Gross Margin8.12%
Net Profit Margin2.26%
Debt/Equity Ratio100.6%

How did CTM perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • 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 CTM?

Other financial metrics that can be useful for relative valuation.

CTM 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/Revenue0.4x
Enterprise Value/EBITDA5.2x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

CTM PE Ratio vs Peers
The above table shows the PE ratio for CTM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average1.5x
CRTM Crescent Textile Mills
1.9xn/aPK₨1.7b
ELSM Ellcot Spinning Mills
1.1xn/aPK₨1.6b
TOWL Towellers
2.6xn/aPK₨1.6b
REWM Reliance Weaving Mills
0.7xn/aPK₨2.1b
CTM Colony Textile Mills
2.5xn/aPK₨1.8b

Price-To-Earnings vs Peers: CTM is expensive based on its Price-To-Earnings Ratio (2.5x) compared to the peer average (1.5x).


Price to Earnings Ratio vs Industry

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

Price-To-Earnings vs Industry: CTM is expensive based on its Price-To-Earnings Ratio (2.5x) compared to the PK Luxury industry average (1.9x)


Price to Earnings Ratio vs Fair Ratio

What is CTM'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.

CTM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio2.5x
Fair PE Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: CTM (PKR3.65) is trading below our estimate of fair value (PKR14.8)

Significantly Below Fair Value: CTM 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.


Discover undervalued companies

Future Growth

How is Colony Textile Mills 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 Colony Textile Mills 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.


Discover growth companies

  • Take a look at our analysis of CTM’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.

Past Performance

How has Colony Textile Mills performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


21.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CTM has a large one-off gain of PKR220.5M impacting its March 31 2022 financial results.

Growing Profit Margin: CTM became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: CTM has become profitable over the past 5 years, growing earnings by 21.9% per year.

Accelerating Growth: CTM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CTM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Luxury industry (242.1%).


Return on Equity

High ROE: CTM's Return on Equity (7%) is considered low.


Discover strong past performing companies

Financial Health

How is Colony Textile Mills's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CTM's short term assets (PKR9.1B) exceed its short term liabilities (PKR7.1B).

Long Term Liabilities: CTM's short term assets (PKR9.1B) do not cover its long term liabilities (PKR11.9B).


Debt to Equity History and Analysis

Debt Level: CTM's net debt to equity ratio (100.1%) is considered high.

Reducing Debt: CTM's debt to equity ratio has reduced from 160.4% to 100.6% over the past 5 years.

Debt Coverage: CTM's debt is well covered by operating cash flow (24.1%).

Interest Coverage: CTM's interest payments on its debt are not well covered by EBIT (2.3x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is Colony Textile Mills's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Colony Textile Mills Dividend Yield vs Market
How does Colony Textile Mills dividend yield compare to the market?
SegmentDividend Yield
Company (Colony Textile Mills)n/a
Market Bottom 25% (PK)3.7%
Market Top 25% (PK)11.4%
Industry Average (Luxury)4.5%
Analyst forecast in 3 Years (Colony Textile Mills)n/a

Notable Dividend: Unable to evaluate CTM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CTM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CTM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CTM's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as CTM has not reported any payouts.


Discover strong dividend paying companies

Management

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


CEO

Fareed Sheikh

no data

Tenure

Mr. Fareed Mughis Sheikh serves as the Chairman and Chief Executive Officer of Colony Mills Limited. Mr. Sheikh serves as the Chief Executive Officer and an Executive Director of Colony Textile Mills Limit...


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

What is the ownership structure of CTM?
Owner TypeNumber of SharesOwnership Percentage
Institutions88,4600.02%
Individual Insiders240,728,89248.3%
General Public257,192,60751.6%

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


Top Shareholders

Top 10 shareholders own 48.36% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
41.57%
Fareed Sheikh
207,018,357PKR755.6m0%no data
3.91%
Mughis Sheikh
19,470,012PKR71.1m0%no data
2.86%
Fozia Sheikh
14,230,186PKR51.9m0%no data
0.0089%
Investment Corporation of Pakistan, Asset Management Arm
44,230PKR161.4k0%no data
0.0089%
National Investment Trust Limited
44,230PKR161.4k0%no data
0.0013%
Muhammad Shiekh
6,337PKR23.1k0%no data
0.0002%
Noshaba Faiz
1,000PKR3.7k0%no data
0.0002%
Muhammad Atta Ullah Niazi
1,000PKR3.7k0%no data
0.0002%
Muhammad Saif
1,000PKR3.7k0%no data
0.0002%
Abdul Hakeem Qasuria
1,000PKR3.7k0%no data

Company Information

Colony Textile Mills Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Colony Textile Mills Limited
  • Ticker: CTM
  • Exchange: KASE
  • Founded: 1946
  • Industry: Textiles
  • Sector: Consumer Durables
  • Implied Market Cap: PK₨1.818b
  • Shares outstanding: 498.01m
  • Website: https://www.colonytextiles.com

Number of Employees


Location

  • Colony Textile Mills Limited
  • M. Ismail Aiwan-e-Science Building
  • Lower Ground Floor
  • Lahore
  • 54600
  • Pakistan


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CTMKASE (Pakistan Stock Exchange Limited)YesShare CapitalPKPKRJul 2014

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/26 00:00
End of Day Share Price2022/09/26 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.