FrieslandCampina Engro Pakistan Valuation

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

FCEPL (PKR74.24) is trading below our estimate of [[fair value]] (PKR205.7)

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

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: FCEPL (PKR74.24) is trading below our estimate of fair value (PKR205.7)

Significantly Below Fair Value: FCEPL is trading below fair value by more than 20%.

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for FCEPL. This is calculated by dividing FCEPL's market cap by their current preferred multiple.
What is FCEPL's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	PK₨56.91b

FCEPL 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/Revenue	0.6x
Enterprise Value/EBITDA	8x
PEG Ratio	0.7x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for FCEPL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	11.3x
NATF National Foods	11.8x	n/a	PK₨38.6b
RMPL Rafhan Maize Products	10.9x	n/a	PK₨74.5b
ISIL Ismail Industries	10.9x	n/a	PK₨76.3b
UPFL Unilever Pakistan Foods	11.6x	n/a	PK₨122.8b
FCEPL FrieslandCampina Engro Pakistan	48.1x	71.0%	PK₨56.9b

Price-To-Earnings vs Peers: FCEPL is expensive based on its Price-To-Earnings Ratio (48.1x) compared to the peer average (11.3x).

Price to Earnings Ratio vs Industry

How does FCEPL's PE Ratio compare vs other companies in the PK Food Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	22.3%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	22.3%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: FCEPL is expensive based on its Price-To-Earnings Ratio (48.1x) compared to the PK Food industry average (4.7x).

Price to Earnings Ratio vs Fair Ratio

What is FCEPL'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.

FCEPL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	48.1x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate FCEPL's Price-To-Earnings Fair Ratio 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.