Kohinoor Mills Valuation

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

Valuation Score

4/6

Valuation Score 4/6

Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: KML (PKR30.33) is trading below our estimate of fair value (PKR122.17)

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

Key Valuation Metric

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

Key metric: As KML is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for KML. This is calculated by dividing KML's market cap by their current revenue.
What is KML's PS Ratio?
PS Ratio	0.05x
Sales	PK₨29.30b
Market Cap	PK₨1.54b

KML 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/Revenue	0.3x
Enterprise Value/EBITDA	4.9x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does KML's PS Ratio compare to its peers?

The above table shows the PS ratio for KML vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	0.07x
BTL Blessed Textiles	0.05x	n/a	PK₨1.5b
SUTM Sunrays Textile Mills	0.09x	n/a	PK₨1.8b
PRET Premium Textile Mills	0.08x	n/a	PK₨2.2b
CRTM Crescent Textile Mills	0.06x	n/a	PK₨1.4b
KML Kohinoor Mills	0.05x	n/a	PK₨1.5b

Price-To-Sales vs Peers: KML is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (0.1x).

Price to Sales Ratio vs Industry

How does KML's PS Ratio compare vs other companies in the PK Luxury Industry?

37 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	0.1x	11.6%
KML Kohinoor Mills	0.05x	n/a	US$5.56m
GATM Gul Ahmed Textile Mills	0.09x	n/a	US$56.60m
NCL Nishat (Chunian)	0.08x	n/a	US$26.80m

37 Companies		Estimated Growth	Market Cap
Industry Avg.	0.1x	18.3%
KML Kohinoor Mills	0.05x	n/a	US$5.56m

No more companies

Price-To-Sales vs Industry: KML is good value based on its Price-To-Sales Ratio (0.1x) compared to the PK Luxury industry average (0.1x).

Price to Sales Ratio vs Fair Ratio

What is KML's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

KML PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.05x
Fair PS Ratio	n/a

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

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.