Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to PK₨32.09, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 11x in the Luxury industry in Pakistan. Total returns to shareholders of 365% over the past three years. Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to PK₨26.88, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 9x in the Luxury industry in Pakistan. Total returns to shareholders of 286% over the past three years. Valuation Update With 7 Day Price Move • May 05
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to PK₨21.25, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 7x in the Luxury industry in Pakistan. Total returns to shareholders of 286% over the past three years. Announcement • Apr 23
Hala Enterprises Limited to Report Q3, 2026 Results on Apr 30, 2026 Hala Enterprises Limited announced that they will report Q3, 2026 results on Apr 30, 2026 Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to PK₨15.58, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 6x in the Luxury industry in Pakistan. Total returns to shareholders of 162% over the past three years. Reported Earnings • Mar 04
Second quarter 2026 earnings released: EPS: PK₨0.26 (vs PK₨0.03 loss in 2Q 2025) Second quarter 2026 results: EPS: PK₨0.26 (up from PK₨0.03 loss in 2Q 2025). Revenue: PK₨150.0m (up 12% from 2Q 2025). Net income: PK₨3.35m (up PK₨3.73m from 2Q 2025). Profit margin: 2.2% (up from net loss in 2Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings. Announcement • Feb 19
Hala Enterprises Limited to Report First Half, 2026 Results on Feb 27, 2026 Hala Enterprises Limited announced that they will report first half, 2026 results on Feb 27, 2026 Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to PK₨25.96, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 11x in the Luxury industry in Pakistan. Total returns to shareholders of 333% over the past three years. New Risk • Dec 03
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Pakistani stocks, typically moving 9.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.2% average weekly change). Earnings have declined by 34% per year over the past 5 years. High level of non-cash earnings (27% accrual ratio). Market cap is less than US$10m (PK₨291.4m market cap, or US$1.04m). Minor Risk Revenue is less than US$5m (PK₨635m revenue, or US$2.3m). New Risk • Nov 01
New major risk - Revenue and earnings growth Earnings have declined by 34% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 34% per year over the past 5 years. High level of non-cash earnings (29% accrual ratio). Market cap is less than US$10m (PK₨286.4m market cap, or US$1.02m). Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Revenue is less than US$5m (PK₨635m revenue, or US$2.3m). Announcement • Oct 24
Hala Enterprises Limited to Report Q1, 2025 Results on Oct 30, 2025 Hala Enterprises Limited announced that they will report Q1, 2025 results on Oct 30, 2025 Reported Earnings • Oct 04
Full year 2025 earnings released: EPS: PK₨1.07 (vs PK₨3.64 loss in FY 2024) Full year 2025 results: EPS: PK₨1.07 (up from PK₨3.64 loss in FY 2024). Revenue: PK₨553.6m (up 6.1% from FY 2024). Net income: PK₨13.9m (up PK₨61.2m from FY 2024). Profit margin: 2.5% (up from net loss in FY 2024). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 130 percentage points per year, which is a significant difference in performance. Announcement • Oct 02
Hala Enterprises Limited, Annual General Meeting, Oct 28, 2025 Hala Enterprises Limited, Annual General Meeting, Oct 28, 2025. New Risk • May 17
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -PK₨38m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-PK₨38m free cash flow). Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 56% per year over the past 5 years. Market cap is less than US$10m (PK₨179.3m market cap, or US$637.0k). Minor Risk Revenue is less than US$5m (PK₨459m revenue, or US$1.6m). Reported Earnings • Oct 05
Full year 2024 earnings released: PK₨3.64 loss per share (vs PK₨1.46 profit in FY 2023) Full year 2024 results: PK₨3.64 loss per share (down from PK₨1.46 profit in FY 2023). Revenue: PK₨521.6m (down 20% from FY 2023). Net loss: PK₨47.4m (down 350% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Announcement • Oct 02
Hala Enterprises Limited, Annual General Meeting, Oct 28, 2024 Hala Enterprises Limited, Annual General Meeting, Oct 28, 2024. New Risk • May 21
New major risk - Revenue and earnings growth Earnings have declined by 3.1% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.6x net interest cover). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 3.1% per year over the past 5 years. Market cap is less than US$10m (PK₨104.1m market cap, or US$374.2k). Minor Risk Revenue is less than US$5m (PK₨565m revenue, or US$2.0m). Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to PK₨9.50, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 5x in the Luxury industry in Pakistan. Negligible returns to shareholders over past three years. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to PK₨8.24, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 5x in the Luxury industry in Pakistan. Negligible returns to shareholders over past three years. Reported Earnings • Mar 07
Second quarter 2024 earnings released: EPS: PK₨0.15 (vs PK₨0.59 in 2Q 2023) Second quarter 2024 results: EPS: PK₨0.15 (down from PK₨0.59 in 2Q 2023). Revenue: PK₨143.8m (down 11% from 2Q 2023). Net income: PK₨1.92m (down 75% from 2Q 2023). Profit margin: 1.3% (down from 4.8% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to PK₨7.90, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 4x in the Luxury industry in Pakistan. Total loss to shareholders of 18% over the past three years. Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to PK₨8.67, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 5x in the Luxury industry in Pakistan. Total returns to shareholders of 24% over the past three years. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to PK₨14.87, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 4x in the Luxury industry in Pakistan. Total returns to shareholders of 94% over the past three years. Reported Earnings • Oct 12
Full year 2023 earnings released: EPS: PK₨1.46 (vs PK₨0.91 in FY 2022) Full year 2023 results: EPS: PK₨1.46 (up from PK₨0.91 in FY 2022). Revenue: PK₨648.2m (up 18% from FY 2022). Net income: PK₨18.9m (up 61% from FY 2022). Profit margin: 2.9% (up from 2.1% in FY 2022). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Oct 07
Investor sentiment improves as stock rises 72% After last week's 72% share price gain to PK₨11.99, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 3x in the Luxury industry in Pakistan. Total returns to shareholders of 67% over the past year. Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to PK₨6.19, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 3x in the Luxury industry in Pakistan. Total loss to shareholders of 20% over the past year. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to PK₨6.97, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 3x in the Luxury industry in Pakistan. Total loss to shareholders of 29% over the past year. Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to PK₨6.15, the stock trades at a trailing P/E ratio of 4.8x. Average trailing P/E is 3x in the Luxury industry in Pakistan. Total loss to shareholders of 22% over the past year. Board Change • Apr 26
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to PK₨5.50, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 3x in the Luxury industry in Pakistan. Total loss to shareholders of 22% over the past year. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to PK₨7.79, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 3x in the Luxury industry in Pakistan. Total returns to shareholders of 69% over the past three years. Reported Earnings • Mar 08
Second quarter 2023 earnings released: EPS: PK₨0.59 (vs PK₨0.31 in 2Q 2022) Second quarter 2023 results: EPS: PK₨0.59 (up from PK₨0.31 in 2Q 2022). Revenue: PK₨162.4m (up 20% from 2Q 2022). Net income: PK₨7.72m (up 93% from 2Q 2022). Profit margin: 4.8% (up from 2.9% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment deteriorated over the past week After last week's 22% share price decline to PK₨5.30, the stock trades at a trailing P/E ratio of 5.3x. Average trailing P/E is 2x in the Luxury industry in Pakistan. Total returns to shareholders of 1.9% over the past three years. Valuation Update With 7 Day Price Move • Dec 20
Investor sentiment deteriorated over the past week After last week's 17% share price decline to PK₨5.71, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 2x in the Luxury industry in Pakistan. Total returns to shareholders of 19% over the past three years. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment improved over the past week After last week's 16% share price gain to PK₨7.70, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 2x in the Luxury industry in Pakistan. Total returns to shareholders of 93% over the past three years. Board Change • Sep 20
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Independent Non-Executive Director Myra Qureshi was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Aug 19
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Independent Non-Executive Director Myra Qureshi was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improved over the past week After last week's 21% share price gain to PK₨9.75, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 2x in the Luxury industry in Pakistan. Total returns to shareholders of 144% over the past three years. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Independent Non-Executive Director Myra Qureshi was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment improved over the past week After last week's 22% share price gain to PK₨8.60, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 2x in the Luxury industry in Pakistan. Total returns to shareholders of 19% over the past three years. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improved over the past week After last week's 15% share price gain to PK₨8.29, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 3x in the Luxury industry in Pakistan. Total loss to shareholders of 4.7% over the past three years. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment improved over the past week After last week's 16% share price gain to PK₨8.50, the stock trades at a trailing P/E ratio of 14.5x. Average trailing P/E is 3x in the Luxury industry in Pakistan. Total loss to shareholders of 15% over the past three years. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment deteriorated over the past week After last week's 19% share price decline to PK₨8.23, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 3x in the Luxury industry in Pakistan. Total loss to shareholders of 21% over the past three years. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improved over the past week After last week's 18% share price gain to PK₨8.50, the stock trades at a trailing P/E ratio of 14.5x. Average trailing P/E is 3x in the Luxury industry in Pakistan. Total loss to shareholders of 23% over the past three years. Valuation Update With 7 Day Price Move • Dec 14
Investor sentiment deteriorated over the past week After last week's 20% share price decline to PK₨7.00, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 2x in the Luxury industry in Pakistan. Total loss to shareholders of 39% over the past three years. Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment deteriorated over the past week After last week's 19% share price decline to PK₨8.80, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 3x in the Luxury industry in Pakistan. Total loss to shareholders of 26% over the past three years. Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment improved over the past week After last week's 18% share price gain to PK₨10.39, the stock trades at a trailing P/E ratio of 19.2x. Average trailing P/E is 3x in the Luxury industry in Pakistan. Total returns to shareholders of 7.1% over the past three years. Reported Earnings • Oct 07
Full year 2021 earnings released: EPS PK₨0.54 (vs PK₨0.99 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: PK₨389.8m (up 13% from FY 2020). Net income: PK₨7.04m (down 45% from FY 2020). Profit margin: 1.8% (down from 3.7% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year and the company’s share price has also increased by 1% per year. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improved over the past week After last week's 21% share price gain to PK₨10.86, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 6x in the Luxury industry in Pakistan. Total returns to shareholders of 18% over the past three years. Reported Earnings • Mar 03
Second quarter 2021 earnings released: EPS PK₨0.19 (vs PK₨0.73 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: PK₨91.5m (up 12% from 2Q 2020). Net income: PK₨2.49m (down 74% from 2Q 2020). Profit margin: 2.7% (down from 12% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improved over the past week After last week's 17% share price gain to PK₨10.60, the stock is trading at a trailing P/E ratio of 10.3x, up from the previous P/E ratio of 8.8x. This compares to an average P/E of 10x in the Luxury industry in Pakistan. Total returns to shareholders over the past three years are 56%. Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment improved over the past week After last week's 19% share price gain to PK₨8.60, the stock is trading at a trailing P/E ratio of 8.3x, up from the previous P/E ratio of 7x. This compares to an average P/E of 9x in the Luxury industry in Pakistan. Total returns to shareholders over the past three years are 21%. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improved over the past week After last week's 19% share price gain to PK₨7.25, the stock is trading at a trailing P/E ratio of 7x, up from the previous P/E ratio of 5.9x. This compares to an average P/E of 8x in the Luxury industry in Pakistan. Total returns to shareholders over the past three years are 3.6%. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment improved over the past week After last week's 19% share price gain to PK₨7.50, the stock is trading at a trailing P/E ratio of 7.3x, up from the previous P/E ratio of 6.1x. This compares to an average P/E of 8x in the Luxury industry in Pakistan. Total returns to shareholders over the past three years are 4.2%. Valuation Update With 7 Day Price Move • Nov 26
Market pulls back on stock over the past week After last week's 24% share price decline to PK₨6.54, the stock is trading at a trailing P/E ratio of 6.3x, down from the previous P/E ratio of 8.3x. This compares to an average P/E of 8x in the Luxury industry in Pakistan. Total return to shareholders over the past three years is a loss of 14%.