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PHDL

Pakistan Hotels Developers KASE:PHDL Stock Report

Last Price

PK₨149.50

Market Cap

PK₨2.7b

7D

-1.0%

1Y

41.7%

Updated

09 Aug, 2022

Data

Company Financials
PHDL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends1/6

PHDL Stock Overview

Pakistan Hotels Developers Limited engages in the hotel business in Pakistan.

Pakistan Hotels Developers Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Pakistan Hotels Developers
Historical stock prices
Current Share PricePK₨149.50
52 Week HighPK₨175.00
52 Week LowPK₨89.57
Beta0.86
1 Month Change-0.30%
3 Month Change62.68%
1 Year Change41.71%
3 Year Change-19.82%
5 Year Change73.43%
Change since IPO1,006.50%

Recent News & Updates

Shareholder Returns

PHDLPK HospitalityPK Market
7D-1.0%0.2%3.9%
1Y41.7%-1.3%-16.2%

Return vs Industry: PHDL exceeded the PK Hospitality industry which returned -1.3% over the past year.

Return vs Market: PHDL exceeded the PK Market which returned -16.2% over the past year.

Price Volatility

Is PHDL's price volatile compared to industry and market?
PHDL volatility
PHDL Average Weekly Movement6.9%
Hospitality Industry Average Movement5.4%
Market Average Movement5.4%
10% most volatile stocks in PK Market8.0%
10% least volatile stocks in PK Market3.4%

Stable Share Price: PHDL is more volatile than 75% of PK stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: PHDL's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of PK stocks.

About the Company

FoundedEmployeesCEOWebsite
197972Muzaffar Bawejahttps://www.phdl.com.pk

Pakistan Hotels Developers Limited engages in the hotel business in Pakistan. It owns and operates Regent Plaza Hotel and Convention Centre, a five star hotel with 440 guest's rooms serving business and holiday travelers in Karachi. The company was formerly known as Taj Mahal Hotels Limited and changed its name to Pakistan Hotels Developers Limited.

Pakistan Hotels Developers Fundamentals Summary

How do Pakistan Hotels Developers's earnings and revenue compare to its market cap?
PHDL fundamental statistics
Market CapPK₨2.69b
Earnings (TTM)PK₨52.50m
Revenue (TTM)PK₨449.00m

51.3x

P/E Ratio

6.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PHDL income statement (TTM)
RevenuePK₨449.00m
Cost of RevenuePK₨267.33m
Gross ProfitPK₨181.68m
Other ExpensesPK₨129.18m
EarningsPK₨52.50m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.92
Gross Margin40.46%
Net Profit Margin11.69%
Debt/Equity Ratio0.1%

How did PHDL perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

86%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is PHDL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PHDL?

Other financial metrics that can be useful for relative valuation.

PHDL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue5.9x
Enterprise Value/EBITDA19.6x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

PHDL PE Ratio vs Peers
The above table shows the PE ratio for PHDL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average26.7x
PSEL Pakistan Services
74.8xn/aPK₨50.1b
GPH Grand Plaza Hotel
16.7xn/a₱543.6m
138SL 138 Student Living Jamaica
9.1xn/aJA$2.1b
2730 Miramar HospitalityLtd
6.1xn/aNT$308.1m
PHDL Pakistan Hotels Developers
51.3xn/aPK₨2.7b

Price-To-Earnings vs Peers: PHDL is expensive based on its Price-To-Earnings Ratio (51.3x) compared to the peer average (26.7x).


Price to Earnings Ratio vs Industry

How does PHDL's PE Ratio compare vs other companies in the Asian Hospitality Industry?

Price-To-Earnings vs Industry: PHDL is expensive based on its Price-To-Earnings Ratio (51.3x) compared to the Asian Hospitality industry average (27.1x)


Price to Earnings Ratio vs Fair Ratio

What is PHDL'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.

PHDL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio51.3x
Fair PE Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: PHDL (PKR149.5) is trading above our estimate of fair value (PKR82.05)

Significantly Below Fair Value: PHDL is trading above our estimate of fair value.


Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Pakistan Hotels Developers forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


43.2%

Forecasted Consumer Services industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Pakistan Hotels Developers has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


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Past Performance

How has Pakistan Hotels Developers performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


4.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PHDL has high quality earnings.

Growing Profit Margin: PHDL became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: PHDL's earnings have grown by 4.3% per year over the past 5 years.

Accelerating Growth: PHDL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: PHDL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Hospitality industry (36.7%).


Return on Equity

High ROE: PHDL's Return on Equity (0.6%) is considered low.


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Financial Health

How is Pakistan Hotels Developers's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: PHDL's short term assets (PKR199.8M) exceed its short term liabilities (PKR111.3M).

Long Term Liabilities: PHDL's short term assets (PKR199.8M) do not cover its long term liabilities (PKR247.1M).


Debt to Equity History and Analysis

Debt Level: PHDL has more cash than its total debt.

Reducing Debt: PHDL's debt to equity ratio has reduced from 2.2% to 0.1% over the past 5 years.

Debt Coverage: PHDL's debt is well covered by operating cash flow (667.3%).

Interest Coverage: PHDL earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Pakistan Hotels Developers's current dividend yield, its reliability and sustainability?

Dividend Score

1/6

Dividend Score 1/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


2.01%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: PHDL's dividend (2.01%) isn’t notable compared to the bottom 25% of dividend payers in the PK market (3.8%).

High Dividend: PHDL's dividend (2.01%) is low compared to the top 25% of dividend payers in the PK market (10.99%).


Stability and Growth of Payments

Stable Dividend: PHDL's dividend payments have been volatile in the past 10 years.

Growing Dividend: PHDL's dividend payments have not increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (85.7%), PHDL's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (114%), PHDL's dividend payments are not well covered by cash flows.


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Management

How experienced are the management team and are they aligned to shareholders interests?

0.7yrs

Average board tenure


CEO

Muzaffar Baweja

9.58yrs

Tenure

Mr. Muzaffar F. Baweja has been the Chief Executive Officer at Pakistan Hotels Developers Limited since January 2013 and has been its Executive Director since January 1, 1985. Mr. Baweja served as Managing...


Board Members

Experienced Board: PHDL's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Pakistan Hotels Developers Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Pakistan Hotels Developers Limited
  • Ticker: PHDL
  • Exchange: KASE
  • Founded: 1979
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Implied Market Cap: PK₨2.691b
  • Shares outstanding: 18.00m
  • Website: https://www.phdl.com.pk

Number of Employees


Location

  • Pakistan Hotels Developers Limited
  • Regent Plaza Hotel
  • 195/2, Main Shahrah-e-Faisal
  • Karachi
  • Pakistan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/09 00:00
End of Day Share Price2022/08/05 00:00
Earnings2022/03/31
Annual Earnings2021/06/30


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.