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

FTSM is expensive based on its Price-To-Earnings Ratio (109.9x) compared to the peer average (20.7x).

How does FTSM's PE Ratio compare vs other companies in the Asian Consumer Services Industry?

FTSM is expensive based on its Price-To-Earnings Ratio (109.9x) compared to the Asian Consumer Services industry average (17.2x).

What is FTSM'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 FTSM's Price-To-Earnings Fair Ratio for valuation analysis.

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

FTSM (PKR14.51) is trading below our estimate of [[fair value]] (PKR228.2)

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.

First Tri-Star Modaraba (KASE:FTSM) - Stock Price, News & Analysis

FTSM Stock Overview

Primarily engages in the educational institution and investment business in Pakistan. More details

FTSM fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	2/6
Financial Health	5/6
Dividends	3/6

Rewards

Trading at 93.6% below our estimate of its fair value

Risk Analysis

Does not have a meaningful market cap (PKR307M)

Makes less than USD$1m in revenue (PKR41M)

Highly volatile share price over the past 3 months compared to the PK market

Profit margins (6.8%) are lower than last year

+ 1 more risk

First Tri-Star Modaraba Competitors

Pakistan Hotels Developers

KASE:PHDL

PK₨1.1b

Idea Indonesia Akademi

IDX:IDEA

Rp36.1b

International School Augsburg -ISA- gemeinnützige

DB:9JK

€3.3m

HANA HOLDINGSLtd

TSE:9156

JP¥534.0m

Price History & Performance

Summary of share price highs, lows and changes for First Tri-Star Modaraba
Historical stock prices
Current Share Price	PK₨14.51
52 Week High	PK₨23.10
52 Week Low	PK₨6.36
Beta	-0.51
1 Month Change	3.05%
3 Month Change	-7.64%
1 Year Change	16.08%
3 Year Change	n/a
5 Year Change	61.22%
Change since IPO	729.14%

Recent updates

Shareholder Returns

	FTSM	PK Consumer Services	PK Market
7D	-9.3%	0%	0%
1Y	16.1%	0%	0%

Return vs Industry: FTSM underperformed the PK Consumer Services industry which returned 24.6% over the past year.

Return vs Market: FTSM underperformed the PK Market which returned 48.9% over the past year.

Price Volatility

Is FTSM's price volatile compared to industry and market?
FTSM volatility
FTSM Average Weekly Movement	10.3%
Consumer Services Industry Average Movement	0%
Market Average Movement	0%
10% most volatile stocks in PK Market	0%
10% least volatile stocks in PK Market	0%

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

Volatility Over Time: FTSM's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of PK stocks.

About the Company

Founded	Employees	CEO	Website
1991	6	Asad Ahmed	www.firsttristar.com

First Tri-Star Modaraba primarily engages in the educational institution and investment business in Pakistan. It operates through Income from Property and Educational Institution segments. The company is involved in the leasing of plant and machinery, commercial and private motor vehicles, computer equipment, etc.; and investment in shares and properties.

First Tri-Star Modaraba Fundamentals Summary

How do First Tri-Star Modaraba's earnings and revenue compare to its market cap?
FTSM fundamental statistics
Market cap	PK₨307.08m
Earnings (TTM)	PK₨2.80m
Revenue (TTM)	PK₨40.82m

109.9x

P/E Ratio

7.5x

P/S Ratio

Is FTSM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FTSM income statement (TTM)
Revenue	PK₨40.82m
Cost of Revenue	PK₨508.90k
Gross Profit	PK₨40.31m
Other Expenses	PK₨37.52m
Earnings	PK₨2.80m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.13
Gross Margin	98.75%
Net Profit Margin	6.85%
Debt/Equity Ratio	0%

How did FTSM perform over the long term?

See historical performance and comparison

Dividends

27.6%

Current Dividend Yield

3,034%

Payout Ratio

FTSM Stock Overview

Rewards

Risk Analysis

First Tri-Star Modaraba Competitors

KASE:PHDL

PK₨1.1b

IDX:IDEA

Rp36.1b

DB:9JK

€3.3m

TSE:9156

JP¥534.0m

Price History & Performance

Recent News & Updates

First quarter 2025 earnings released: EPS: PK₨0.55 (vs PK₨0.025 in 1Q 2024)

Upcoming dividend of PK₨2.00 per share

New major risk - Dividend sustainability

Full year 2024 earnings released: EPS: PK₨0.08 (vs PK₨16.74 in FY 2023)

First Tri-Star Modaraba, Annual General Meeting, Oct 28, 2024

First Tri-Star Modaraba, Annual General Meeting, Oct 28, 2024

Recent updates

First quarter 2025 earnings released: EPS: PK₨0.55 (vs PK₨0.025 in 1Q 2024)

Upcoming dividend of PK₨2.00 per share

New major risk - Dividend sustainability

Full year 2024 earnings released: EPS: PK₨0.08 (vs PK₨16.74 in FY 2023)

First Tri-Star Modaraba, Annual General Meeting, Oct 28, 2024

First Tri-Star Modaraba, Annual General Meeting, Oct 28, 2024

Now 21% overvalued after recent price rise

Less than half of directors are independent

Less than half of directors are independent

New major risk - Earnings quality

Investor sentiment improves as stock rises 16%

Investor sentiment improves as stock rises 19%

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Less than half of directors are independent

Less than half of directors are independent

Investor sentiment deteriorated over the past week

Less than half of directors are independent

First quarter 2022 earnings released: EPS PK₨0.13 (vs PK₨0.12 in 1Q 2021)

Less than half of directors are independent

Upcoming dividend of PK₨0.60 per share

Full year 2021 earnings released: EPS PK₨0.64 (vs PK₨0.11 in FY 2020)

Less than half of directors are independent

Investor sentiment deteriorated over the past week

Less than half of directors are independent

Less than half of directors are independent

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS PK₨0.12

New 90-day high: PK₨7.00

Market bids up stock over the past week

Upcoming Dividend of PK₨0.10 Per Share

First Tri-Star Modaraba to Report Fiscal Year 2020 Results on Oct 02, 2020

Shareholder Returns

Price Volatility

About the Company

First Tri-Star Modaraba Fundamentals Summary

109.9x

7.5x

Earnings & Revenue

Dividends

27.6%

3,034%