PSEL

Pakistan Services KASE:PSEL Stock Report

Last Price

PK₨1.34k

Market Cap

PK₨43.6b

7D

-5.9%

1Y

40.7%

Updated

17 Aug, 2022

Data

Company Financials
PSEL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health2/6
Dividends0/6

PSEL Stock Overview

Pakistan Services Limited owns, operates, manages, and franchises a chain of hotels under the Pearl Continental Hotels name in Pakistan.

Pakistan Services Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Pakistan Services
Historical stock prices
Current Share PricePK₨1,341.00
52 Week HighPK₨1,757.90
52 Week LowPK₨995.00
Beta-0.12
1 Month Change-12.92%
3 Month Changen/a
1 Year Change40.71%
3 Year Change31.47%
5 Year Change48.59%
Change since IPO3,963.64%

Recent News & Updates

Shareholder Returns

PSELPK HospitalityPK Market
7D-5.9%2.3%2.3%
1Y40.7%4.2%-13.4%

Return vs Industry: PSEL exceeded the PK Hospitality industry which returned 3.7% over the past year.

Return vs Market: PSEL exceeded the PK Market which returned -13.7% over the past year.

Price Volatility

Is PSEL's price volatile compared to industry and market?
PSEL volatility
PSEL Average Weekly Movementn/a
Hospitality Industry Average Movement5.4%
Market Average Movement5.4%
10% most volatile stocks in PK Market8.0%
10% least volatile stocks in PK Market3.2%

Stable Share Price: Insufficient data to determine PSEL's volatility over the past 3 months.

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

About the Company

FoundedEmployeesCEOWebsite
19581,608Murtaza Hashwanihttps://www.psl.com.pk

Pakistan Services Limited owns, operates, manages, and franchises a chain of hotels under the Pearl Continental Hotels name in Pakistan. The company owns and manages 7 luxury hotels with 1,618 rooms in Karachi, Lahore, Rawalpindi, Peshawar, Bhurban, Muzaffarabad, and Malam Jabba. It is also involved in rent-a-car, tour package, and travel related work, as well as real estate development activities.

Pakistan Services Fundamentals Summary

How do Pakistan Services's earnings and revenue compare to its market cap?
PSEL fundamental statistics
Market CapPK₨43.62b
Earnings (TTM)PK₨669.94m
Revenue (TTM)PK₨10.84b

65.1x

P/E Ratio

4.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PSEL income statement (TTM)
RevenuePK₨10.84b
Cost of RevenuePK₨6.42b
Gross ProfitPK₨4.42b
Other ExpensesPK₨3.75b
EarningsPK₨669.94m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)20.60
Gross Margin40.74%
Net Profit Margin6.18%
Debt/Equity Ratio49.5%

How did PSEL perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is PSEL 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 PSEL?

Other financial metrics that can be useful for relative valuation.

PSEL 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/Revenue5.5x
Enterprise Value/EBITDA22.6x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

PSEL PE Ratio vs Peers
The above table shows the PE ratio for PSEL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average35.4x
PHDL Pakistan Hotels Developers
43.6xn/aPK₨2.3b
TUHO Turisthotel d.d
23.5xn/aKn1.6b
MCK Millennium & Copthorne Hotels New Zealand
14xn/aNZ$346.0m
2706 First Hotel
60.6xn/aNT$7.0b
PSEL Pakistan Services
65.1xn/aPK₨43.6b

Price-To-Earnings vs Peers: PSEL is expensive based on its Price-To-Earnings Ratio (65.1x) compared to the peer average (35.4x).


Price to Earnings Ratio vs Industry

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

Price-To-Earnings vs Industry: PSEL is expensive based on its Price-To-Earnings Ratio (65.1x) compared to the Asian Hospitality industry average (26.2x)


Price to Earnings Ratio vs Fair Ratio

What is PSEL'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.

PSEL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio65.1x
Fair PE Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate PSEL's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate PSEL's fair value for valuation analysis.


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 Services 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


41.5%

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 Services 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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  • Take a look at our analysis of PSEL’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.

Past Performance

How has Pakistan Services performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-31.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PSEL has a large one-off gain of PKR175.0M impacting its March 31 2022 financial results.

Growing Profit Margin: PSEL became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: PSEL has become profitable over the past 5 years, growing earnings by -31.2% per year.

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

Earnings vs Industry: PSEL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Hospitality industry (39.9%).


Return on Equity

High ROE: PSEL's Return on Equity (1.8%) is considered low.


Discover strong past performing companies

Financial Health

How is Pakistan Services's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: PSEL's short term assets (PKR14.6B) exceed its short term liabilities (PKR12.0B).

Long Term Liabilities: PSEL's short term assets (PKR14.6B) exceed its long term liabilities (PKR10.7B).


Debt to Equity History and Analysis

Debt Level: PSEL's net debt to equity ratio (45.7%) is considered high.

Reducing Debt: PSEL's debt to equity ratio has increased from 21.2% to 49.5% over the past 5 years.

Debt Coverage: PSEL's debt is not well covered by operating cash flow (7.4%).

Interest Coverage: PSEL's interest payments on its debt are not well covered by EBIT (1.4x coverage).


Balance Sheet


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate PSEL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PSEL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PSEL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PSEL's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: PSEL is not paying a notable dividend for the PK market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as PSEL has not reported any payouts.


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Management

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

6.5yrs

Average board tenure


CEO

Murtaza Hashwani

5.42yrs

Tenure

PK₨3,960,000

Compensation

Mr. Murtaza Hashwani serves as Non-Executive Director at Jubilee General Insurance Company Limited since June 25, 2020. He serves as the Chief Executive Officer at Hashoo Group of Companies. Mr. Hashwani o...


Board Members

Experienced Board: PSEL's board of directors are considered experienced (6.5 years average tenure).


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 Services Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Pakistan Services Limited
  • Ticker: PSEL
  • Exchange: KASE
  • Founded: 1958
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Implied Market Cap: PK₨43.615b
  • Shares outstanding: 32.52m
  • Website: https://www.psl.com.pk

Number of Employees


Location

  • Pakistan Services Limited
  • NESPAK House
  • 1st Floor
  • Islamabad
  • Pakistan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/17 00:00
End of Day Share Price2022/08/17 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.