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

RCML is good value based on its Price-To-Earnings Ratio (4.1x) compared to the peer average (7.7x).

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

RCML is good value based on its Price-To-Earnings Ratio (4.1x) compared to the PK Luxury industry average (9.9x).

What is RCML'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.

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

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

RCML (PKR585.02) is trading below our estimate of [[fair value]] (PKR1457.89)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

RCML Stock Overview

Manufactures and sells yarns in Pakistan, Africa, the United States, rest of Asia, Australia, and Europe. More details

RCML fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	5/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 59.9% below our estimate of its fair value

Earnings grew by 41.3% over the past year

Risk Analysis

Does not have a meaningful market cap (PKR6B)

My Notes

Capture your thoughts, links and company narrative

Reliance Cotton Spinning Mills Limited Competitors

Gadoon Textile Mills

KASE:GADT

PK₨6.4b

Suraj Cotton Mills

KASE:SURC

PK₨5.9b

Zahidjee Textile Mills

KASE:ZAHID

PK₨5.8b

J.K. Spinning Mills

KASE:JKSM

PK₨6.8b

Price History & Performance

Summary of share price highs, lows and changes for Reliance Cotton Spinning Mills
Historical stock prices
Current Share Price	PK₨585.02
52 Week High	PK₨834.90
52 Week Low	PK₨387.25
Beta	0.10
1 Month Change	-15.21%
3 Month Change	-9.44%
1 Year Change	n/a
3 Year Change	202.09%
5 Year Change	357.05%
Change since IPO	6,258.91%

Recent updates

Shareholder Returns

	RCML	PK Luxury	PK Market
7D	-2.6%	1.6%	1.4%
1Y	n/a	6.8%	53.0%

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

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

Price Volatility

Is RCML's price volatile compared to industry and market?
RCML volatility
RCML Average Weekly Movement	8.0%
Luxury Industry Average Movement	7.2%
Market Average Movement	7.1%
10% most volatile stocks in PK Market	9.9%
10% least volatile stocks in PK Market	4.6%

Stable Share Price: RCML has not had significant price volatility in the past 3 months compared to the PK market.

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

About the Company

Founded	Employees	CEO	Website
1990	1,254	Shayan Abdullah	www.reliancespinning.com

Reliance Cotton Spinning Mills Limited manufactures and sells yarns in Pakistan, Africa, the United States, rest of Asia, Australia, and Europe. It offers single and double, plied, slubs, mélanges, blends, and other yarn products. The company was incorporated in 1990 and is headquartered in Lahore, Pakistan.

Reliance Cotton Spinning Mills Limited Fundamentals Summary

How do Reliance Cotton Spinning Mills's earnings and revenue compare to its market cap?
RCML fundamental statistics
Market cap	PK₨6.02b
Earnings (TTM)	PK₨1.46b
Revenue (TTM)	PK₨15.40b

4.1x

P/E Ratio

0.4x

P/S Ratio

Is RCML overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RCML income statement (TTM)
Revenue	PK₨15.40b
Cost of Revenue	PK₨12.93b
Gross Profit	PK₨2.48b
Other Expenses	PK₨1.02b
Earnings	PK₨1.46b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	142.20
Gross Margin	16.09%
Net Profit Margin	9.50%
Debt/Equity Ratio	27.4%

How did RCML perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

3%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/20 17:42
End of Day Share Price	2025/01/20 00:00
Earnings	2024/09/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Reliance Cotton Spinning Mills Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution

RCML Stock Overview

Rewards

Risk Analysis

Reliance Cotton Spinning Mills Limited Competitors

KASE:GADT

PK₨6.4b

KASE:SURC

PK₨5.9b

KASE:ZAHID

PK₨5.8b

KASE:JKSM

PK₨6.8b

Price History & Performance

Recent News & Updates

First quarter 2025 earnings released: EPS: PK₨35.40 (vs PK₨38.48 in 1Q 2024)

Upcoming dividend of PK₨4.00 per share

Reliance Cotton Spinning Mills Limited, Annual General Meeting, Oct 28, 2024

Dividend of PK₨4.00 announced

Investor sentiment deteriorates as stock falls 17%

Investor sentiment improves as stock rises 20%

Recent updates

First quarter 2025 earnings released: EPS: PK₨35.40 (vs PK₨38.48 in 1Q 2024)

Upcoming dividend of PK₨4.00 per share

Reliance Cotton Spinning Mills Limited, Annual General Meeting, Oct 28, 2024

Dividend of PK₨4.00 announced

Investor sentiment deteriorates as stock falls 17%

Investor sentiment improves as stock rises 20%

New major risk - Financial position

Third quarter 2024 earnings released: EPS: PK₨14.58 (vs PK₨44.29 in 3Q 2023)

Less than half of directors are independent

Less than half of directors are independent

Second quarter 2024 earnings released: EPS: PK₨30.20 (vs PK₨18.95 in 2Q 2023)

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

New major risk - Financial position

New major risk - Earnings quality

New major risk - Financial position

Full year 2023 earnings released: EPS: PK₨116 (vs PK₨296 in FY 2022)

Less than half of directors are independent

Less than half of directors are independent

Investor sentiment improves as stock rises 21%

Less than half of directors are independent

Less than half of directors are independent

Third quarter 2023 earnings released: EPS: PK₨44.29 (vs PK₨84.35 in 3Q 2022)

Less than half of directors are independent

Less than half of directors are independent

Second quarter 2023 earnings released: EPS: PK₨18.95 (vs PK₨75.03 in 2Q 2022)

Now 25% undervalued

Less than half of directors are independent

Investor sentiment improved over the past week

First quarter 2023 earnings released: EPS: PK₨54.16 (vs PK₨69.19 in 1Q 2022)

Investor sentiment improved over the past week

Upcoming dividend of PK₨7.50 per share

Reliance Cotton Spinning Mills Limited Announces Company Secretary Changes

Less than half of directors are independent

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: PK₨84.35 (vs PK₨39.37 in 3Q 2021)

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Less than half of directors are independent

Less than half of directors are independent

First quarter 2022 earnings released: EPS PK₨69.19 (vs PK₨14.05 in 1Q 2021)

Less than half of directors are independent

Upcoming dividend of PK₨5.00 per share

Chairman Amer Abdullah has left the company

Chairman Amer Abdullah has left the company

Full year 2021 earnings released: EPS PK₨129 (vs PK₨38.17 in FY 2020)

Less than half of directors are independent

Third quarter 2021 earnings released: EPS PK₨39.37 (vs PK₨7.66 in 3Q 2020)

Second quarter 2021 earnings released: EPS PK₨18.63 (vs PK₨7.97 in 2Q 2020)

Investor sentiment improved over the past week

Full year earnings released

Full year earnings released - EPS PK₨38.17

Shareholder Returns

Price Volatility

About the Company

Reliance Cotton Spinning Mills Limited Fundamentals Summary