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RMPL

Rafhan Maize Products KASE:RMPL Stock Report

Last Price

PK₨10.75k

Market Cap

PK₨99.3b

7D

0%

1Y

11.7%

Updated

18 May, 2022

Data

Company Financials
RMPL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends3/6

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

Summary of all time highs, changes and price drops for Rafhan Maize Products
Historical stock prices
Current Share PricePK₨10,750.00
52 Week HighPK₨12,699.00
52 Week LowPK₨9,100.00
Beta0.22
1 Month Change-6.11%
3 Month Change8.59%
1 Year Change11.69%
3 Year Change72.00%
5 Year Change49.31%
Change since IPO7,066.67%

Recent News & Updates

Shareholder Returns

RMPLPK FoodPK Market
7D0%-2.2%-1.8%
1Y11.7%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

Is RMPL's price volatile compared to industry and market?
RMPL volatility
RMPL Average Weekly Movementn/a
Food Industry Average Movement6.0%
Market Average Movement5.7%
10% most volatile stocks in PK Market8.9%
10% least volatile stocks in PK Market3.5%

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

FoundedEmployeesCEOWebsite
19531,064Humair Ijazhttps://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

How do Rafhan Maize Products's earnings and revenue compare to its market cap?
RMPL fundamental statistics
Market CapPK₨99.29b
Earnings (TTM)PK₨6.07b
Revenue (TTM)PK₨45.23b

16.4x

P/E Ratio

2.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RMPL income statement (TTM)
RevenuePK₨45.23b
Cost of RevenuePK₨35.13b
Gross ProfitPK₨10.10b
Other ExpensesPK₨4.03b
EarningsPK₨6.07b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)657.05
Gross Margin22.33%
Net Profit Margin13.42%
Debt/Equity Ratio0.5%

How did RMPL perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

84%

Payout Ratio

Valuation

Is Rafhan Maize Products undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation 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

0/6

Future 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

2/6

Past 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

5/6

Financial 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

3/6

Dividend 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/18 00:00
End of Day Share Price2022/05/09 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.