Paramount Spinning Mills (KASE:PASM) - Stock Price, News & Analysis

PASM Stock Overview

Engages in the manufacture and sale of cotton yarn, garments, and yarn dyeing in Pakistan. More details

PASM fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	3/6
Financial Health	1/6
Dividends	0/6

Rewards

Price-To-Earnings ratio (6.2x) is below the PK market (7.4x)

Became profitable this year

Risk Analysis

Makes less than USD$1m in revenue (PKR0)

Debt is not well covered by operating cash flow

Negative shareholders equity

Does not have a meaningful market cap (PKR92M)

+ 1 more risk

Paramount Spinning Mills Limited Competitors

Pak Leather Crafts

KASE:PAKL

PK₨95.3m

D.M. Textile Mills

KASE:DMTX

PK₨139.3m

Pak Agro Packaging

KASE:GEMPAPL

PK₨168.0m

Asim Textile Mills

KASE:ASTM

PK₨197.3m

Price History & Performance

Summary of all time highs, changes and price drops for Paramount Spinning Mills
Historical stock prices
Current Share Price	PK₨5.28
52 Week High	PK₨8.18
52 Week Low	PK₨2.02
Beta	-1.61
11 Month Change	-1.31%
3 Month Change	-10.51%
1 Year Change	n/a
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	-38.30%

Recent updates

Shareholder Returns

	PASM	PK Luxury	PK Market
7D	-4.9%	1.2%	2.1%
1Y	n/a	10.1%	43.4%

Return vs Industry: Insufficient data to determine how PASM performed against the PK Luxury industry.

Return vs Market: Insufficient data to determine how PASM performed against the PK Market.

Price Volatility

Is PASM's price volatile compared to industry and market?
PASM volatility
PASM Average Weekly Movement	18.1%
Luxury Industry Average Movement	6.6%
Market Average Movement	5.8%
10% most volatile stocks in PK Market	9.6%
10% least volatile stocks in PK Market	3.8%

Stable Share Price: PASM's share price has been volatile over the past 3 months compared to the PK market.

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

About the Company

Founded	Employees	CEO	Website
1981	2	Sohail Maqsood	www.gulshan.com.pk/corporate/paramount.html

Paramount Spinning Mills Limited engages in the manufacture and sale of cotton yarn, garments, and yarn dyeing in Pakistan. The company was incorporated in 1981 and is based in Karachi, Pakistan.

Paramount Spinning Mills Limited Fundamentals Summary

How do Paramount Spinning Mills's earnings and revenue compare to its market cap?
PASM fundamental statistics
Market cap	PK₨91.62m
Earnings (TTM)	PK₨14.80m
Revenue (TTM)	n/a

6.2x

P/E Ratio

0.0x

P/S Ratio

Is PASM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PASM income statement (TTM)
Revenue	PK₨0
Cost of Revenue	PK₨0
Gross Profit	PK₨0
Other Expenses	-PK₨14.80m
Earnings	PK₨14.80m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.85
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	-101.6%

How did PASM perform over the long term?

See historical performance and comparison

Paramount Spinning Mills KASE:PASM Stock Report