| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 3/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
MARI Stock Overview
Mari Petroleum Company Limited explores for, produces, and sells hydrocarbons in Pakistan.
Mari Petroleum Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | PK₨1,625.41 |
| 52 Week High | PK₨1,807.46 |
| 52 Week Low | PK₨1,474.99 |
| Beta | 0.88 |
| 1 Month Change | -4.42% |
| 3 Month Change | -5.96% |
| 1 Year Change | 1.91% |
| 3 Year Change | 64.09% |
| 5 Year Change | 16.55% |
| Change since IPO | 29,401.20% |
Recent News & Updates
Shareholder Returns
| MARI | PK Oil and Gas | PK Market | |
|---|---|---|---|
| 7D | -3.2% | -2.9% | -0.8% |
| 1Y | 1.9% | -15.5% | -12.1% |
Return vs Industry: MARI exceeded the PK Oil and Gas industry which returned -15.5% over the past year.
Return vs Market: MARI exceeded the PK Market which returned -12.1% over the past year.
Price Volatility
| MARI volatility | |
|---|---|
| MARI Average Weekly Movement | 1.7% |
| Oil and Gas Industry Average Movement | 4.9% |
| Market Average Movement | 5.8% |
| 10% most volatile stocks in PK Market | 9.2% |
| 10% least volatile stocks in PK Market | 3.5% |
Stable Share Price: MARI is less volatile than 75% of PK stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: MARI's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1984 | 1,293 | Faheem Haider | https://mpcl.com.pk |
Mari Petroleum Company Limited explores for, produces, and sells hydrocarbons in Pakistan. It operates through Exploration and Production, Mari Seismic Unit, and Mari Drilling Unit segments. The company explores for natural gas, crude oil, condensate, and LPG.
Mari Petroleum Fundamentals Summary
| MARI fundamental statistics | |
|---|---|
| Market Cap | PK₨216.83b |
| Earnings (TTM) | PK₨35.55b |
| Revenue (TTM) | PK₨74.26b |
6.1x
P/E Ratio2.9x
P/S RatioIs MARI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MARI income statement (TTM) | |
|---|---|
| Revenue | PK₨74.26b |
| Cost of Revenue | PK₨15.34b |
| Gross Profit | PK₨58.92b |
| Other Expenses | PK₨23.37b |
| Earnings | PK₨35.55b |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 266.47 |
| Gross Margin | 79.34% |
| Net Profit Margin | 47.87% |
| Debt/Equity Ratio | 0.7% |
How did MARI perform over the long term?
See historical performance and comparisonDividends
8.7%
Current Dividend Yield51%
Payout RatioValuation
Is Mari Petroleum undervalued compared to its fair value and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
6.1x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MARI (PKR1625.41) is trading above our estimate of fair value (PKR1106)
Significantly Below Fair Value: MARI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MARI is poor value based on its PE Ratio (6.1x) compared to the PK Oil and Gas industry average (3.2x).
PE vs Market: MARI is poor value based on its PE Ratio (6.1x) compared to the PK market (5.7x).
Price to Earnings Growth Ratio
PEG Ratio: MARI is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: MARI is overvalued based on its PB Ratio (1.7x) compared to the PK Oil and Gas industry average (0.9x).
Future Growth
How is Mari Petroleum forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score
3/6Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
8.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MARI's forecast earnings growth (8.6% per year) is below the savings rate (10.2%).
Earnings vs Market: MARI's earnings (8.6% per year) are forecast to grow faster than the PK market (3.7% per year).
High Growth Earnings: MARI's earnings are forecast to grow, but not significantly.
Revenue vs Market: MARI's revenue (10.1% per year) is forecast to grow faster than the PK market (3.7% per year).
High Growth Revenue: MARI's revenue (10.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MARI's Return on Equity is forecast to be high in 3 years time (27.1%)
Past Performance
How has Mari Petroleum performed over the past 5 years?
Past Performance Score
3/6Past Performance Score 3/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
24.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MARI has a high level of non-cash earnings.
Growing Profit Margin: MARI's current net profit margins (47.9%) are higher than last year (46.9%).
Past Earnings Growth Analysis
Earnings Trend: MARI's earnings have grown significantly by 24.1% per year over the past 5 years.
Accelerating Growth: MARI's earnings growth over the past year (16.8%) is below its 5-year average (24.1% per year).
Earnings vs Industry: MARI earnings growth over the past year (16.8%) underperformed the Oil and Gas industry 39.9%.
Return on Equity
High ROE: MARI's Return on Equity (28.5%) is considered high.
Financial Health
How is Mari Petroleum's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: MARI's short term assets (PKR78.2B) exceed its short term liabilities (PKR27.6B).
Long Term Liabilities: MARI's short term assets (PKR78.2B) exceed its long term liabilities (PKR12.8B).
Debt to Equity History and Analysis
Debt Level: MARI has more cash than its total debt.
Reducing Debt: MARI's debt to equity ratio has reduced from 22.6% to 0.7% over the past 5 years.
Debt Coverage: MARI's debt is well covered by operating cash flow (4293.5%).
Interest Coverage: MARI earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Mari Petroleum current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
8.67%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MARI's dividend (8.67%) is higher than the bottom 25% of dividend payers in the PK market (3.71%).
High Dividend: MARI's dividend (8.67%) is low compared to the top 25% of dividend payers in the PK market (10.85%).
Stability and Growth of Payments
Stable Dividend: MARI's dividend payments have been volatile in the past 10 years.
Growing Dividend: MARI's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.4%), MARI's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: MARI is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
0.5yrs
Average management tenure
CEO
Faheem Haider
1.75yrs
Tenure
Mr. Faheem Haider serves as Chief Executive officer and Managing Director at Mari Petroleum Company Limited since August 12, 2020 and serves as its Director and also serves as its Chief Operating Officer....
Leadership Team
Experienced Management: MARI's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.
Board Members
Experienced Board: MARI's board of directors are not considered experienced ( 1.7 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
Mari Petroleum Company Limited's employee growth, exchange listings and data sources
Key Information
- Name: Mari Petroleum Company Limited
- Ticker: MARI
- Exchange: KASE
- Founded: 1984
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Implied Market Cap: PK₨216.834b
- Shares outstanding: 133.40m
- Website: https://mpcl.com.pk
Number of Employees
Location
- Mari Petroleum Company Limited
- 21, Mauve Area
- 3rd Road, G-10/4
- Islamabad
- 44000
- Pakistan
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/22 00:00 |
| End of Day Share Price | 2022/05/20 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/06/30 |
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.