company background image
TREE

Treet KASE:TREET Stock Report

Last Price

PK₨30.26

Market Cap

PK₨5.5b

7D

0.5%

1Y

10.2%

Updated

16 May, 2022

Data

Company Financials
TREET fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health1/6
Dividends2/6

TREET Stock Overview

Treet Corporation Limited, together with its subsidiaries, manufactures and sells razors and razor blades.

Treet Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Treet
Historical stock prices
Current Share PricePK₨30.26
52 Week HighPK₨64.75
52 Week LowPK₨25.71
Beta1.35
1 Month Change-19.84%
3 Month Change-23.70%
1 Year Change10.16%
3 Year Change89.72%
5 Year Change-53.03%
Change since IPO1,088.79%

Recent News & Updates

Shareholder Returns

TREETPK Personal ProductsPK Market
7D0.5%0.01%-1.8%
1Y10.2%-21.5%-12.1%

Return vs Industry: TREET exceeded the PK Personal Products industry which returned -21% over the past year.

Return vs Market: TREET exceeded the PK Market which returned -9.9% over the past year.

Price Volatility

Is TREET's price volatile compared to industry and market?
TREET volatility
TREET Average Weekly Movement8.0%
Personal Products Industry Average Movement5.9%
Market Average Movement5.8%
10% most volatile stocks in PK Market8.8%
10% least volatile stocks in PK Market3.6%

Stable Share Price: TREET is more volatile than 75% of PK stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: TREET's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of PK stocks.

About the Company

FoundedEmployeesCEOWebsite
19772,800Syed Ali Shahhttps://www.treetonline.com

Treet Corporation Limited, together with its subsidiaries, manufactures and sells razors and razor blades. The company also manufactures and sells corrugated boxes and soaps, as well as manufactures, imports, exports, markets, and sells lead acid, deep cycle, lithium, nickel cadmimum, nickel metal hydride, absorbed glass mat, and gel batteries used in industrial, transport, commercial sectors. In addition, it assembles and markets motorcycles and rickshaws; and provides professional and technical services, as well as related workforce to the companies.

Treet Fundamentals Summary

How do Treet's earnings and revenue compare to its market cap?
TREET fundamental statistics
Market CapPK₨5.55b
Earnings (TTM)PK₨497.63m
Revenue (TTM)PK₨14.67b

10.6x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TREET income statement (TTM)
RevenuePK₨14.67b
Cost of RevenuePK₨11.98b
Gross ProfitPK₨2.70b
Other ExpensesPK₨2.20b
EarningsPK₨497.63m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)2.85
Gross Margin18.38%
Net Profit Margin3.39%
Debt/Equity Ratio96.8%

How did TREET perform over the long term?

See historical performance and comparison

Dividends

3.3%

Current Dividend Yield

35%

Payout Ratio

Valuation

Is Treet undervalued compared to its fair value and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


10.63x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: TREET (PKR30.26) is trading above our estimate of fair value (PKR2.28)

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


Price To Earnings Ratio

PE vs Industry: TREET is good value based on its PE Ratio (10.6x) compared to the Asian Personal Products industry average (20.9x).

PE vs Market: TREET is poor value based on its PE Ratio (10.6x) compared to the PK market (5.7x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: TREET is good value based on its PB Ratio (0.5x) compared to the XA Personal Products industry average (1.8x).


Future Growth

How is Treet 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


13.6%

Forecasted Household 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 Treet 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 Treet 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


-30.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TREET has a large one-off gain of PKR177.2M impacting its September 30 2021 financial results.

Growing Profit Margin: TREET became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: TREET has become profitable over the past 5 years, growing earnings by -30.2% per year.

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

Earnings vs Industry: TREET has become profitable in the last year, making it difficult to compare its past year earnings growth to the Personal Products industry (11%).


Return on Equity

High ROE: TREET's Return on Equity (4.8%) is considered low.


Financial Health

How is Treet's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: TREET's short term assets (PKR6.8B) do not cover its short term liabilities (PKR13.4B).

Long Term Liabilities: TREET's short term assets (PKR6.8B) exceed its long term liabilities (PKR1.5B).


Debt to Equity History and Analysis

Debt Level: TREET's net debt to equity ratio (87.9%) is considered high.

Reducing Debt: TREET's debt to equity ratio has increased from 29.1% to 96.8% over the past 5 years.

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

Interest Coverage: TREET's interest payments on its debt are not well covered by EBIT (0.4x coverage).


Balance Sheet


Dividend

What is Treet current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.30%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: TREET's dividend (3.3%) isn’t notable compared to the bottom 25% of dividend payers in the PK market (3.66%).

High Dividend: TREET's dividend (3.3%) is low compared to the top 25% of dividend payers in the PK market (10.86%).


Stability and Growth of Payments

Stable Dividend: TREET's dividend payments have been volatile in the past 10 years.

Growing Dividend: TREET's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (34.8%), TREET's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: TREET is paying a dividend but the company has no free cash flows.


Next Steps

Management

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

9.3yrs

Average board tenure


CEO

Syed Ali Shah

27.33yrs

Tenure

PK₨8,893,000

Compensation

Mr. Syed Shahid Ali Shah has been the Chief Executive Officer of Treet Corporation Limited since 1995 and serves as its Managing Director. Mr. Ali Shah is Chief Executive Officer and Director of First Tree...


Board Members

Experienced Board: TREET's board of directors are considered experienced (9.3 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

Treet Corporation Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Treet Corporation Limited
  • Ticker: TREET
  • Exchange: KASE
  • Founded: 1977
  • Industry: Personal Products
  • Sector: Household
  • Implied Market Cap: PK₨5.549b
  • Shares outstanding: 174.83m
  • Website: https://www.treetonline.com

Number of Employees


Location

  • Treet Corporation Limited
  • 72-B, Industrial Area
  • Kot Lakhpat
  • Lahore
  • 54770
  • Pakistan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/16 00:00
End of Day Share Price2022/05/16 00:00
Earnings2021/09/30
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.