New Risk • May 05
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Revenue is less than US$1m. Market cap is less than US$10m (PK₨169.7m market cap, or US$608.8k). Minor Risk Profit margins are more than 30% lower than last year (-61% net profit margin). Announcement • Apr 24
First Paramount Modaraba to Report Q3, 2026 Results on Apr 30, 2026 First Paramount Modaraba announced that they will report Q3, 2026 results on Apr 30, 2026 Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to PK₨12.47, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 7x in the Consumer Finance industry in Pakistan. Total returns to shareholders of 189% over the past three years. Announcement • Feb 11
First Paramount Modaraba to Report First Half, 2026 Results on Feb 18, 2026 First Paramount Modaraba announced that they will report first half, 2026 results on Feb 18, 2026 Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to PK₨14.42, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 6x in the Consumer Finance industry in Pakistan. Total returns to shareholders of 122% over the past three years. Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to PK₨12.26, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 15x in the Consumer Finance industry in Asia. Total returns to shareholders of 76% over the past three years. New Risk • Oct 07
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 1.3% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (1.3% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (13% average weekly change). Revenue is less than US$1m (PK₨75m revenue, or US$265k). Market cap is less than US$10m (PK₨146.7m market cap, or US$521.5k). Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to PK₨10.72, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 15x in the Consumer Finance industry in Asia. Total returns to shareholders of 22% over the past three years. Announcement • Oct 03
First Paramount Modaraba, Annual General Meeting, Oct 28, 2025 First Paramount Modaraba, Annual General Meeting, Oct 28, 2025. Location: at pima house, 2nd floor, room no: 201, pechs, block-2, pechs community hall, shahrah-e-quideen, karachi Pakistan Announcement • Sep 26
First Paramount Modaraba to Report Fiscal Year 2025 Results on Oct 01, 2025 First Paramount Modaraba announced that they will report fiscal year 2025 results on Oct 01, 2025 Valuation Update With 7 Day Price Move • Sep 12
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to PK₨10.33, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 15x in the Consumer Finance industry in Asia. Total returns to shareholders of 48% over the past three years. Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to PK₨11.50, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 15x in the Consumer Finance industry in Asia. Total returns to shareholders of 28% over the past three years. Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to PK₨9.80, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 14x in the Consumer Finance industry in Asia. Total returns to shareholders of 8.9% over the past three years. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to PK₨7.82, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 14x in the Consumer Finance industry in Asia. Total loss to shareholders of 12% over the past three years. New Risk • May 30
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Pakistani stocks, typically moving 10.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10.0% average weekly change). Revenue is less than US$1m (PK₨55m revenue, or US$194k). Market cap is less than US$10m (PK₨127.3m market cap, or US$451.0k). Minor Risk High level of debt (47% net debt to equity). Valuation Update With 7 Day Price Move • May 12
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to PK₨6.86, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 13x in the Consumer Finance industry in Asia. Total loss to shareholders of 2.0% over the past three years. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to PK₨9.27, the stock trades at a trailing P/E ratio of 5.3x. Average trailing P/E is 15x in the Consumer Finance industry in Asia. Total returns to shareholders of 21% over the past three years. New Risk • Oct 09
New major risk - Revenue size The company makes less than US$1m in revenue. Total revenue: PK₨83m (US$301k) This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue is less than US$1m (PK₨83m revenue, or US$301k). Market cap is less than US$10m (PK₨126.9m market cap, or US$456.9k). Announcement • Oct 09
First Paramount Modaraba, Annual General Meeting, Oct 28, 2024 First Paramount Modaraba, Annual General Meeting, Oct 28, 2024. Location: at pima house, 2nd floor,room no:201, pechs,block-2,pechs community hall, shahrah-e-quideen, karachi Pakistan Valuation Update With 7 Day Price Move • May 03
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to PK₨8.89, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 15x in the Consumer Finance industry in Asia. Total returns to shareholders of 113% over the past three years. Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to PK₨7.10, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 15x in the Consumer Finance industry in Asia. Total returns to shareholders of 39% over the past three years. Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to PK₨10.55, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 6x in the Consumer Finance industry in Pakistan. Total returns to shareholders of 95% over the past three years. Valuation Update With 7 Day Price Move • Nov 15
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to PK₨7.50, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 6x in the Consumer Finance industry in Pakistan. Total returns to shareholders of 44% over the past three years. Valuation Update With 7 Day Price Move • Oct 25
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to PK₨6.00, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 6x in the Consumer Finance industry in Pakistan. Total returns to shareholders of 27% over the past three years. Valuation Update With 7 Day Price Move • Oct 10
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to PK₨5.20, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 6x in the Consumer Finance industry in Pakistan. Total returns to shareholders of 2.1% over the past three years. Board Change • Sep 22
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director of Paramount Investments Limited Habib Navaid was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Aug 23
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director of Paramount Investments Limited Habib Navaid was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to PK₨5.00, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 5x in the Consumer Finance industry in Pakistan. Total returns to shareholders of 9.4% over the past three years. Board Change • Jul 12
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director of Paramount Investments Limited Habib Navaid was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • May 20
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director of Paramount Investments Limited Habib Navaid was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 28
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director of Paramount Investments Limited Habib Navaid was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Mar 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director of Paramount Investments Limited Habib Navaid was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to PK₨5.10, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 4x in the Consumer Finance industry in Pakistan. Total loss to shareholders of 1.6% over the past three years. Board Change • Jan 31
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director of Paramount Investments Limited Habib Navaid was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Jan 04
Investor sentiment improved over the past week After last week's 20% share price gain to PK₨5.94, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 4x in the Consumer Finance industry in Pakistan. Total returns to shareholders of 16% over the past three years. Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment improved over the past week After last week's 17% share price gain to PK₨6.98, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 4x in the Consumer Finance industry in Pakistan. Total returns to shareholders of 37% over the past three years. Announcement • Nov 30
First Paramount Modaraba Announces Appointment of Syed Wajih Hassan as Chief Executive Officer First Paramount Modaraba announced that the Board of Directors of the company has appointed Mr. Syed Wajih Hassan as Chief Executive Officer of the Management Company with effect from November 26, 2022 for a term of three years. Board Change • Nov 22
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director of Paramount Investments Limited Habib Navaid was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment deteriorated over the past week After last week's 20% share price decline to PK₨7.00, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 10x in the Consumer Finance industry in Pakistan. Total returns to shareholders of 36% over the past three years. Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment improved over the past week After last week's 26% share price gain to PK₨8.79, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 8x in the Consumer Finance industry in Pakistan. Total returns to shareholders of 101% over the past three years. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment deteriorated over the past week After last week's 23% share price decline to PK₨6.95, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 8x in the Consumer Finance industry in Pakistan. Total returns to shareholders of 117% over the past three years. Board Change • Aug 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director of Paramount Investments Limited Habib Navaid was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jul 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director of Paramount Investments Limited Habib Navaid was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jun 24
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director of Paramount Investments Limited Habib Navaid was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Jun 10
First Paramount Modaraba Announces Executive Changes First Paramount Modaraba announced Pakistan Stock Exchange that Mr. Muhammad Ifham has been appointed as Chief Financial Officer of the company with effect from June 01, 2022 in place of Mr. Ammad Jamal. Board Change • Jun 08
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director of Paramount Investments Limited Habib Navaid was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • May 20
Investor sentiment improved over the past week After last week's 28% share price gain to PK₨8.99, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 7x in the Consumer Finance industry in Pakistan. Total returns to shareholders of 181% over the past three years. Board Change • May 09
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director of Paramount Investments Limited Habib Navaid was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment improved over the past week After last week's 16% share price gain to PK₨9.50, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 5x in the Consumer Finance industry in Pakistan. Total returns to shareholders of 161% over the past three years. Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improved over the past week After last week's 23% share price gain to PK₨9.80, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 5x in the Consumer Finance industry in Pakistan. Total returns to shareholders of 169% over the past three years. Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment improved over the past week After last week's 22% share price gain to PK₨6.60, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 5x in the Consumer Finance industry in Pakistan. Total returns to shareholders of 51% over the past three years. Valuation Update With 7 Day Price Move • Oct 22
Investor sentiment deteriorated over the past week After last week's 17% share price decline to PK₨5.21, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 8x in the Consumer Finance industry in Pakistan. Total returns to shareholders of 8.5% over the past three years. Upcoming Dividend • Oct 11
Upcoming dividend of PK₨0.45 per share Eligible shareholders must have bought the stock before 18 October 2021. Payment date: 18 November 2021. Trailing yield: 7.5%. Lower than top quartile of Pakistani dividend payers (10%). Lower than average of industry peers (14%). Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment deteriorated over the past week After last week's 16% share price decline to PK₨7.15, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 9x in the Consumer Finance industry in Pakistan. Total returns to shareholders of 55% over the past three years. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment improved over the past week After last week's 30% share price gain to PK₨8.20, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 9x in the Consumer Finance industry in Pakistan. Total returns to shareholders of 90% over the past three years. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment improved over the past week After last week's 29% share price gain to PK₨6.84, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 9x in the Consumer Finance industry in Pakistan. Total returns to shareholders of 52% over the past three years. Is New 90 Day High Low • Mar 09
New 90-day low: PK₨5.01 The company is down 19% from its price of PK₨6.15 on 08 December 2020. The Pakistani market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is down 2.0% over the same period. Is New 90 Day High Low • Feb 08
New 90-day low: PK₨5.05 The company is down 10.0% from its price of PK₨5.60 on 10 November 2020. The Pakistani market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is up 7.0% over the same period. Valuation Update With 7 Day Price Move • Nov 16
Market bids up stock over the past week After last week's 19% share price gain to PK₨5.94, the stock is trading at a trailing P/E ratio of 14x, up from the previous P/E ratio of 11.8x. This compares to an average P/E of 6x in the Consumer Finance industry in Pakistan. Total returns to shareholders over the past three years are 43%. Is New 90 Day High Low • Nov 04
New 90-day low: PK₨4.80 The company is down 15% from its price of PK₨5.65 on 30 July 2020. The Pakistani market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is down 3.0% over the same period. Upcoming Dividend • Oct 12
Upcoming Dividend of PK₨0.35 Per Share Will be paid on the 19th of November to those who are registered shareholders by the 19th of October. The trailing yield of 6.7% is below the top quartile of Pakistani dividend payers (7.3%), and is lower than industry peers (9.6%). Announcement • Sep 26
First Paramount Modaraba to Report Fiscal Year 2020 Results on Oct 01, 2020 First Paramount Modaraba announced that they will report fiscal year 2020 results on Oct 01, 2020 