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WAVES logo

Waves KASE:WAVES Stock Report

Last Price

PK₨8.92

Market Cap

PK₨2.5b

7D

8.9%

1Y

13.2%

Updated

26 Dec, 2024

Data

Company Financials

Waves Corporation Limited

KASE:WAVES Stock Report

Market Cap: PK₨2.5b

WAVES Stock Overview

Manufactures, assembles, and distributes home appliances and other light engineering products in Pakistan. More details

WAVES fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Waves Corporation Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Waves
Historical stock prices
Current Share PricePK₨8.92
52 Week HighPK₨9.38
52 Week LowPK₨6.01
Beta0.88
1 Month Change24.23%
3 Month Change43.87%
1 Year Change13.20%
3 Year Change-43.40%
5 Year Change-66.34%
Change since IPO-51.37%

Recent News & Updates

Recent updates

Shareholder Returns

WAVESPK Consumer DurablesPK Market
7D8.9%0.3%0.6%
1Y13.2%22.6%59.9%

Return vs Industry: WAVES underperformed the PK Consumer Durables industry which returned 22.6% over the past year.

Return vs Market: WAVES underperformed the PK Market which returned 59.9% over the past year.

Price Volatility

Is WAVES's price volatile compared to industry and market?
WAVES volatility
WAVES Average Weekly Movement7.7%
Consumer Durables Industry Average Movement6.1%
Market Average Movement7.2%
10% most volatile stocks in PK Market10.2%
10% least volatile stocks in PK Market4.9%

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

Volatility Over Time: WAVES's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18501,236Haroon Khanwaves.net.pk

Waves Corporation Limited, together with its subsidiaries, manufactures, assembles, and distributes home appliances and other light engineering products in Pakistan. It offers refrigerators, air conditioners, LED TVs, washing machines, microwave ovens, sewing machines, water heaters, gas ovens, deep freezers, Visi coolers, water dispensers, instant geysers, and cooking ranges under the Singer and Waves brands. The company is also involved in the real estate development business; and operates retail shop networks for consumer appliances and other consumer goods.

Waves Corporation Limited Fundamentals Summary

How do Waves's earnings and revenue compare to its market cap?
WAVES fundamental statistics
Market capPK₨2.51b
Earnings (TTM)PK₨305.58m
Revenue (TTM)PK₨4.12b

8.2x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WAVES income statement (TTM)
RevenuePK₨4.12b
Cost of RevenuePK₨2.85b
Gross ProfitPK₨1.27b
Other ExpensesPK₨960.27m
EarningsPK₨305.58m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.09
Gross Margin30.73%
Net Profit Margin7.42%
Debt/Equity Ratio58.6%

How did WAVES perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 19:34
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Waves Corporation Limited is covered by 2 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.

AnalystInstitution
null nullBMA Capital Management Ltd.
Syed Wajid RizviFortune Securities Limited