| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
RMPL Stock Overview
Rafhan Maize Products Co. Limited produces and sells food ingredients and industrial products in Pakistan and internationally.
Rafhan Maize Products Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | PK₨10,750.00 |
| 52 Week High | PK₨12,699.00 |
| 52 Week Low | PK₨9,100.00 |
| Beta | 0.22 |
| 1 Month Change | -6.11% |
| 3 Month Change | 8.59% |
| 1 Year Change | 11.69% |
| 3 Year Change | 72.00% |
| 5 Year Change | 49.31% |
| Change since IPO | 7,066.67% |
Recent News & Updates
Shareholder Returns
| RMPL | PK Food | PK Market | |
|---|---|---|---|
| 7D | 0% | -2.2% | -1.8% |
| 1Y | 11.7% | 0.02% | -12.4% |
Return vs Industry: RMPL exceeded the PK Food industry which returned 0% over the past year.
Return vs Market: RMPL exceeded the PK Market which returned -12.4% over the past year.
Price Volatility
| RMPL volatility | |
|---|---|
| RMPL Average Weekly Movement | n/a |
| Food Industry Average Movement | 6.0% |
| Market Average Movement | 5.7% |
| 10% most volatile stocks in PK Market | 8.9% |
| 10% least volatile stocks in PK Market | 3.5% |
Stable Share Price: Insufficient data to determine RMPL's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine RMPL's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1953 | 1,064 | Humair Ijaz | https://www.rafhanmaize.com |
Rafhan Maize Products Co. Limited produces and sells food ingredients and industrial products in Pakistan and internationally. The company primarily offers industrial starches, liquid glucose, dextrose, dextrin, and gluten meals. It also provides powder glues, powder/liquid adhesives, dextrose monohydrate, glucose syrup, liquid glucose, maltose syrup, golden syrup, liquid caramel color, and hydrol products.
Rafhan Maize Products Fundamentals Summary
| RMPL fundamental statistics | |
|---|---|
| Market Cap | PK₨99.29b |
| Earnings (TTM) | PK₨6.07b |
| Revenue (TTM) | PK₨45.23b |
16.4x
P/E Ratio2.2x
P/S RatioIs RMPL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RMPL income statement (TTM) | |
|---|---|
| Revenue | PK₨45.23b |
| Cost of Revenue | PK₨35.13b |
| Gross Profit | PK₨10.10b |
| Other Expenses | PK₨4.03b |
| Earnings | PK₨6.07b |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 657.05 |
| Gross Margin | 22.33% |
| Net Profit Margin | 13.42% |
| Debt/Equity Ratio | 0.5% |
How did RMPL perform over the long term?
See historical performance and comparisonDividends
3.7%
Current Dividend Yield84%
Payout RatioValuation
Is Rafhan Maize Products undervalued compared to its fair value and its price relative to the market?
Valuation Score
0/6Valuation Score 0/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
16.36x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: RMPL (PKR10750) is trading above our estimate of fair value (PKR4686.04)
Significantly Below Fair Value: RMPL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: RMPL is poor value based on its PE Ratio (16.4x) compared to the PK Food industry average (9.4x).
PE vs Market: RMPL is poor value based on its PE Ratio (16.4x) compared to the PK market (5.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RMPL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RMPL is overvalued based on its PB Ratio (5.6x) compared to the PK Food industry average (0.7x).
Future Growth
How is Rafhan Maize Products forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
23.6%
Forecasted Food, Beverage & Tobacco 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 Rafhan Maize Products 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 Rafhan Maize Products performed over the past 5 years?
Past Performance Score
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
11.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RMPL has a high level of non-cash earnings.
Growing Profit Margin: RMPL's current net profit margins (13.4%) are lower than last year (18.7%).
Past Earnings Growth Analysis
Earnings Trend: RMPL's earnings have grown by 11.6% per year over the past 5 years.
Accelerating Growth: RMPL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RMPL had negative earnings growth (-10.9%) over the past year, making it difficult to compare to the Food industry average (1.7%).
Return on Equity
High ROE: RMPL's Return on Equity (34.4%) is considered high.
Financial Health
How is Rafhan Maize Products's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: RMPL's short term assets (PKR17.1B) exceed its short term liabilities (PKR5.3B).
Long Term Liabilities: RMPL's short term assets (PKR17.1B) exceed its long term liabilities (PKR857.8M).
Debt to Equity History and Analysis
Debt Level: RMPL has more cash than its total debt.
Reducing Debt: Insufficient data to determine if RMPL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: RMPL's debt is well covered by operating cash flow (4763.4%).
Interest Coverage: RMPL earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Rafhan Maize Products's current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
3.72%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RMPL's dividend (3.72%) is higher than the bottom 25% of dividend payers in the PK market (3.72%).
High Dividend: RMPL's dividend (3.72%) is low compared to the top 25% of dividend payers in the PK market (11.25%).
Stability and Growth of Payments
Stable Dividend: RMPL's dividend payments have been volatile in the past 10 years.
Growing Dividend: RMPL's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (83.7%), RMPL's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (97.5%), RMPL's dividend payments are not well covered by cash flows.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.8yrs
Average board tenure
CEO
Humair Ijaz
no data
Tenure
Mr. Humair Ijaz is Managing Director, Chief Executive Officer & Executive Director of Rafhan Maize Products Co. Limited from May 16, 2022.
Board Members
Experienced Board: RMPL's board of directors are considered experienced (4.8 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
Rafhan Maize Products Co. Limited's employee growth, exchange listings and data sources
Key Information
- Name: Rafhan Maize Products Co. Limited
- Ticker: RMPL
- Exchange: KASE
- Founded: 1953
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Implied Market Cap: PK₨99.291b
- Shares outstanding: 9.24m
- Website: https://www.rafhanmaize.com
Number of Employees
Location
- Rafhan Maize Products Co. Limited
- Rakh Canal East Road
- PO Box 62
- Faisalabad
- 38060
- Pakistan
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/18 00:00 |
| End of Day Share Price | 2022/05/09 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.