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NAGC

Nagina Cotton Mills KASE:NAGC Stock Report

Last Price

PK₨78.80

Market Cap

PK₨1.5b

7D

-11.2%

1Y

5.6%

Updated

03 Jul, 2022

Data

Company Financials
NAGC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health3/6
Dividends4/6

NAGC Stock Overview

Nagina Cotton Mills Limited manufactures and sells yarns in Pakistan.

Rewards

Price-To-Earnings ratio (1.5x) is below the PK market (5.6x)

Earnings grew by 39501.4% over the past year

Risk Analysis

Debt is not well covered by operating cash flow

Highly volatile share price over the past 3 months

High level of non-cash earnings

Does not have a meaningful market cap (PKR1B)

+ 2 more risks

Nagina Cotton Mills Competitors

Kohinoor Mills

KASE:KML

PK₨1.3b

Maqbool Textile Mills

KASE:MQTM

PK₨1.6b

Ellcot Spinning Mills

KASE:ELSM

PK₨1.7b

Crescent Textile Mills

KASE:CRTM

PK₨1.8b

Price History & Performance

Summary of all time highs, changes and price drops for Nagina Cotton Mills
Historical stock prices
Current Share PricePK₨78.80
52 Week HighPK₨96.89
52 Week LowPK₨65.00
Beta0.37
1 Month Change5.18%
3 Month Change-1.50%
1 Year Change5.56%
3 Year Change112.97%
5 Year Change84.76%
Change since IPO916.77%

Recent News & Updates

Shareholder Returns

NAGCPK LuxuryPK Market
7D-11.2%2.0%1.5%
1Y5.6%-13.8%-18.2%

Return vs Industry: NAGC exceeded the PK Luxury industry which returned -13.8% over the past year.

Return vs Market: NAGC exceeded the PK Market which returned -18.2% over the past year.

Price Volatility

Is NAGC's price volatile compared to industry and market?
NAGC volatility
NAGC Average Weekly Movement15.1%
Luxury Industry Average Movement6.0%
Market Average Movement5.7%
10% most volatile stocks in PK Market8.8%
10% least volatile stocks in PK Market3.6%

Stable Share Price: NAGC is more volatile than 90% of PK stocks over the past 3 months, typically moving +/- 15% a week.

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

About the Company

FoundedEmployeesCEOWebsite
1967828Amin Shaikhhttps://www.nagina.com/index.php?page=nagina-cotton-mills-limited

Nagina Cotton Mills Limited manufactures and sells yarns in Pakistan. It provides carded and combed cotton yarns, slub yarns, neppy yarns with base cotton, and neps in cotton and polyester. The company markets its products under the Sweet Pea and Angothi brands.

Nagina Cotton Mills Fundamentals Summary

How do Nagina Cotton Mills's earnings and revenue compare to its market cap?
NAGC fundamental statistics
Market CapPK₨1.47b
Earnings (TTM)PK₨1.00b
Revenue (TTM)PK₨7.95b

1.5x

P/E Ratio

0.2x

P/S Ratio

Is NAGC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
NAGC income statement (TTM)
RevenuePK₨7.95b
Cost of RevenuePK₨6.19b
Gross ProfitPK₨1.76b
Other ExpensesPK₨758.35m
EarningsPK₨1.00b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)53.65
Gross Margin22.15%
Net Profit Margin12.62%
Debt/Equity Ratio100.0%

How did NAGC perform over the long term?

See historical performance and comparison

Dividends

12.7%

Current Dividend Yield

19%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is NAGC 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

  • PEG Ratio

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

NAGC 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/Revenue0.5x
Enterprise Value/EBITDA2.5x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

NAGC PE Ratio vs Peers
The above table shows the PE ratio for NAGC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average3.3x
KML Kohinoor Mills
2.4xn/aPK₨1.3b
MQTM Maqbool Textile Mills
7.6xn/aPK₨1.6b
ELSM Ellcot Spinning Mills
1.2xn/aPK₨1.7b
CRTM Crescent Textile Mills
2xn/aPK₨1.8b
NAGC Nagina Cotton Mills
1.5xn/aPK₨1.5b

Price-To-Earnings vs Peers: NAGC is good value based on its Price-To-Earnings Ratio (1.5x) compared to the peer average (3.3x).

Price to Earnings Ratio vs Industry

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

Price-To-Earnings vs Industry: NAGC is good value based on its Price-To-Earnings Ratio (1.5x) compared to the PK Luxury industry average (1.9x)

Price to Earnings Ratio vs Fair Ratio

What is NAGC'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.

NAGC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio1.5x
Fair PE Ration/a

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

Share Price vs Fair Value

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

Below Fair Value: NAGC (PKR78.8) is trading above our estimate of fair value (PKR78.5)

Significantly Below Fair Value: NAGC is trading above our estimate of fair value.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate NAGC's PEG Ratio to determine if it is good value.

Discover undervalued companies

Future Growth

How is Nagina Cotton 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

22.6%

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 Nagina Cotton 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

Past Performance

How has Nagina Cotton Mills performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE

50.1%

Historical annual earnings growth

Earnings and Revenue History

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

Growing Profit Margin: NAGC's current net profit margins (12.6%) are higher than last year (0.04%).

Past Earnings Growth Analysis

Earnings Trend: NAGC has become profitable over the past 5 years, growing earnings by 50.1% per year.

Accelerating Growth: NAGC's earnings growth over the past year (39501.4%) exceeds its 5-year average (50.1% per year).

Earnings vs Industry: NAGC earnings growth over the past year (39501.4%) exceeded the Luxury industry 234%.

Return on Equity

High ROE: NAGC's Return on Equity (35%) is considered high.

Discover strong past performing companies

Financial Health

How is Nagina Cotton 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: NAGC's short term assets (PKR4.4B) exceed its short term liabilities (PKR2.1B).

Long Term Liabilities: NAGC's short term assets (PKR4.4B) exceed its long term liabilities (PKR2.4B).

Debt to Equity History and Analysis

Debt Level: NAGC's net debt to equity ratio (91.9%) is considered high.

Reducing Debt: NAGC's debt to equity ratio has increased from 42.1% to 100% over the past 5 years.

Debt Coverage: NAGC's debt is not well covered by operating cash flow (9.4%).

Interest Coverage: NAGC's interest payments on its debt are well covered by EBIT (14.7x coverage).

Balance Sheet

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Dividend

What is Nagina Cotton Mills's current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

12.69%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: NAGC's dividend (12.69%) is higher than the bottom 25% of dividend payers in the PK market (3.79%).

High Dividend: NAGC's dividend (12.69%) is in the top 25% of dividend payers in the PK market (11.14%)

Stability and Growth of Payments

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

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

Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (18.6%), NAGC's dividend payments are well 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.

Discover strong dividend paying companies

Management

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

7.2yrs

Average board tenure

CEO

Amin Shaikh

no data

Tenure

Mr. Amin Ellahi Shaikh serves as a Non Executive Director of Ellcot Spinning Mills Ltd. Mr. Shaikh has been Director of Prosperity Weaving Mills Ltd. since September 29, 2016.He serves as Chief Executive...

Board Members

Experienced Board: NAGC's board of directors are considered experienced (7.2 years average tenure).

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

Nagina Cotton Mills Limited's employee growth, exchange listings and data sources

Key Information

Number of Employees

Location

  • Nagina Cotton Mills Limited
  • Shaikh Sultan Trust Building No.2
  • 2nd Floor
  • Karachi
  • 75530
  • Pakistan

Listings

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/03 00:00
End of Day Share Price2022/06/29 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.