Waves Corporation Limited

KASE:WAVES Stock Report

Market Cap: PK₨2.5b

Waves Past Earnings Performance

Past criteria checks 4/6

Waves's earnings have been declining at an average annual rate of -8.4%, while the Consumer Durables industry saw earnings growing at 8.4% annually. Revenues have been declining at an average rate of 12% per year. Waves's return on equity is 2.9%, and it has net margins of 7.4%.

Key information

-8.4%

Earnings growth rate

-18.8%

EPS growth rate

Consumer Durables Industry Growth9.9%
Revenue growth rate-12.0%
Return on equity2.9%
Net Margin7.4%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Waves makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

KASE:WAVES Revenue, expenses and earnings (PKR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 244,1203068720
30 Jun 244,6212479710
31 Mar 244,9292419970
31 Dec 235,2062271,0840
30 Sep 234,920251,1460
30 Jun 235,741101,2100
31 Mar 237,9831631,3460
31 Dec 229,9392361,4740
30 Sep 2211,2393341,6200
30 Jun 2211,7543651,6220
31 Mar 2211,0962991,6470
31 Dec 2110,4393191,5650
30 Sep 2110,3454091,5030
30 Jun 2110,4583941,5140
31 Mar 219,0552251,3950
31 Dec 208,5251271,3670
30 Sep 208,8221561,3180
30 Jun 207,9531761,2380
31 Mar 209,0502701,3870
31 Dec 199,4843781,3900
30 Sep 199,8343901,3810
30 Jun 199,4383981,3460
31 Mar 198,8533411,5040
31 Dec 188,5163821,4170
30 Sep 187,0075041,4770
30 Jun 187,1334841,5060
31 Mar 185,4274231,1590
31 Dec 173,6863129180
30 Sep 172,9242176890
30 Jun 171,6631785130
31 Mar 171,6131905130
31 Dec 161,400955050
30 Sep 161,314-976230
30 Jun 161,403-1295840
31 Mar 161,371-1615430
31 Dec 151,488-1515120
30 Sep 151,603-2483850
30 Jun 151,603-2643870
31 Mar 151,624-2853950
31 Dec 141,668-2863870
30 Sep 141,896-973560
30 Jun 141,974-503430
31 Mar 142,110-93140
31 Dec 132,223363090

Quality Earnings: WAVES has high quality earnings.

Growing Profit Margin: WAVES's current net profit margins (7.4%) are higher than last year (0.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: WAVES's earnings have declined by 8.4% per year over the past 5 years.

Accelerating Growth: WAVES's earnings growth over the past year (1123.3%) exceeds its 5-year average (-8.4% per year).

Earnings vs Industry: WAVES earnings growth over the past year (1123.3%) exceeded the Consumer Durables industry 9.6%.

Return on Equity

High ROE: WAVES's Return on Equity (2.9%) is considered low.

Return on Assets

Return on Capital Employed

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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