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PSO

Pakistan State Oil KASE:PSO Stock Report

Last Price

PK₨161.56

Market Cap

PK₨75.4b

7D

0.03%

1Y

-30.3%

Updated

27 May, 2022

Data

Company Financials +
PSO fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends0/6

PSO Stock Overview

Pakistan State Oil Company Limited engages in the procurement, storage, distribution, and marketing of petroleum and related products in Pakistan.

Pakistan State Oil Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Pakistan State Oil
Historical stock prices
Current Share PricePK₨161.56
52 Week HighPK₨248.74
52 Week LowPK₨154.75
Beta0.94
1 Month Change-3.67%
3 Month Change-8.46%
1 Year Change-30.27%
3 Year Change-2.53%
5 Year Change-35.94%
Change since IPO1,272.81%

Recent News & Updates

Shareholder Returns

PSOPK Oil and GasPK Market
7D0.03%-2.7%-1.8%
1Y-30.3%-18.8%-15.3%

Return vs Industry: PSO underperformed the PK Oil and Gas industry which returned -18.8% over the past year.

Return vs Market: PSO underperformed the PK Market which returned -15.3% over the past year.

Price Volatility

Is PSO's price volatile compared to industry and market?
PSO volatility
PSO Average Weekly Movement4.7%
Oil and Gas Industry Average Movement4.7%
Market Average Movement5.8%
10% most volatile stocks in PK Market8.9%
10% least volatile stocks in PK Market3.3%

Stable Share Price: PSO is not significantly more volatile than the rest of PK stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: PSO's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19742,669Syed Tahahttps://www.psopk.com

Pakistan State Oil Company Limited engages in the procurement, storage, distribution, and marketing of petroleum and related products in Pakistan. It operates through Petroleum Products, Liquefied Natural Gas (LNG), and Others segments. The company offers retail, gaseous, and alternate fuels; lubricants; cards; electric vehicle chargers; and aviation, marine, and export fuels.

Pakistan State Oil Fundamentals Summary

How do Pakistan State Oil's earnings and revenue compare to its market cap?
PSO fundamental statistics
Market CapPK₨75.39b
Earnings (TTM)PK₨52.07b
Revenue (TTM)PK₨1.64t

1.5x

P/E Ratio

0.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PSO income statement (TTM)
RevenuePK₨1.64t
Cost of RevenuePK₨1.56t
Gross ProfitPK₨84.56b
Other ExpensesPK₨32.49b
EarningsPK₨52.07b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)110.91
Gross Margin5.15%
Net Profit Margin3.17%
Debt/Equity Ratio110.1%

How did PSO perform over the long term?

See historical performance and comparison

Valuation

Is Pakistan State Oil undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


1.46x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: PSO (PKR161.56) is trading above our estimate of fair value (PKR119.6)

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


Price To Earnings Ratio

PE vs Industry: PSO is good value based on its Price-To-Earnings Ratio (1.5x) compared to the PK Oil and Gas industry average (3.1x).

PE vs Market: PSO is good value based on its Price-To-Earnings Ratio (1.5x) compared to the PK market (5.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PSO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PSO is good value based on its Price-To-Book Ratio (0.5x) compared to the PK Oil and Gas industry average (0.9x).


Future Growth

How is Pakistan State Oil forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

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


-4.2%

Forecasted Energy 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 State Oil 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.


Past Performance

How has Pakistan State Oil 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


4.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PSO has a high level of non-cash earnings.

Growing Profit Margin: PSO became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: PSO's earnings have grown by 4.7% per year over the past 5 years.

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

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


Return on Equity

High ROE: Whilst PSO's Return on Equity (30.93%) is high, this metric is skewed due to their high level of debt.


Financial Health

How is Pakistan State Oil's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: PSO's short term assets (PKR508.9B) exceed its short term liabilities (PKR395.9B).

Long Term Liabilities: PSO's short term assets (PKR508.9B) exceed its long term liabilities (PKR14.1B).


Debt to Equity History and Analysis

Debt Level: PSO's net debt to equity ratio (107.9%) is considered high.

Reducing Debt: PSO's debt to equity ratio has reduced from 122.3% to 110.1% over the past 5 years.

Debt Coverage: PSO's operating cash flow is negative, therefore debt is not well covered.

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


Balance Sheet


Dividend

What is Pakistan State Oil 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

  • Future Dividend Coverage


13.93%

Forecast Dividend Yield

Dividend Yield vs Market

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

High Dividend: Unable to evaluate PSO'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 PSO's dividends per share have been stable in the past.

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


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

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


Discover strong dividend paying companies

Management

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

2.3yrs

Average management tenure


CEO

Syed Taha

2.25yrs

Tenure

Mr. Syed Muhammad Taha is a Non-Executive Director of Pakistan Refinery Limited since April 22, 2020. He serves as Managing Director, Chief Executive Officer and Member of Board of Management at Pakistan S...


Leadership Team

Experienced Management: PSO's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: PSO's board of directors are not considered experienced ( 2.8 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 State Oil Company Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Pakistan State Oil Company Limited
  • Ticker: PSO
  • Exchange: KASE
  • Founded: 1974
  • Industry: Oil and Gas Refining and Marketing
  • Sector: Energy
  • Implied Market Cap: PK₨75.388b
  • Shares outstanding: 469.47m
  • Website: https://www.psopk.com

Number of Employees


Location

  • Pakistan State Oil Company Limited
  • PSO House
  • Khayaban-e-Iqbal
  • Karachi
  • 75600
  • Pakistan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/27 00:00
End of Day Share Price2022/05/27 00:00
Earnings2021/12/31
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.