Attock Cement Pakistan Limited manufactures and sells cement in Pakistan.
No risks detected for ACPL from our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||PK₨135.26|
|52 Week High||PK₨120.00|
|52 Week Low||PK₨194.01|
|1 Month Change||-2.97%|
|3 Month Change||-24.82%|
|1 Year Change||-11.61%|
|3 Year Change||6.41%|
|5 Year Change||-34.10%|
|Change since IPO||744.56%|
Recent News & Updates
|ACPL||PK Basic Materials||PK Market|
Return vs Industry: ACPL underperformed the PK Basic Materials industry which returned -5.5% over the past year.
Return vs Market: ACPL underperformed the PK Market which returned 0.3% over the past year.
Stable Share Price: ACPL is not significantly more volatile than the rest of PK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: ACPL's weekly volatility (5%) has been stable over the past year.
About the Company
Attock Cement Pakistan Limited manufactures and sells cement in Pakistan. The company offers ordinary Portland cement, sulphate resistant cement, block cement, and rock cement under the Falcon brand. It also exports its products primarily to Sri Lanka, Africa, the Middle East, Asia, and Bangladesh.
Attock Cement Pakistan Fundamentals Summary
|ACPL fundamental statistics|
Is ACPL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ACPL income statement (TTM)|
|Cost of Revenue||PK₨21.27b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||12.66|
|Net Profit Margin||6.44%|
How did ACPL perform over the long term?See historical performance and comparison
3.0%Current Dividend Yield
Is Attock Cement Pakistan undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ACPL (PKR135.26) is trading below our estimate of fair value (PKR395.98)
Significantly Below Fair Value: ACPL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ACPL is poor value based on its PE Ratio (10.7x) compared to the PK Basic Materials industry average (10x).
PE vs Market: ACPL is poor value based on its PE Ratio (10.7x) compared to the PK market (7.5x).
Price to Earnings Growth Ratio
PEG Ratio: ACPL is good value based on its PEG Ratio (0.2x)
Price to Book Ratio
PB vs Industry: ACPL's PB Ratio (1x) is in line with the PK Basic Materials industry average.
How is Attock Cement Pakistan forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ACPL's forecast earnings growth (53.2% per year) is above the savings rate (10%).
Earnings vs Market: ACPL's earnings (53.2% per year) are forecast to grow faster than the PK market (11.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ACPL's revenue (17.2% per year) is forecast to grow faster than the PK market (10.2% per year).
High Growth Revenue: ACPL's revenue (17.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ACPL's Return on Equity is forecast to be low in 3 years time (11.4%).
How has Attock Cement Pakistan performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ACPL has high quality earnings.
Growing Profit Margin: ACPL's current net profit margins (6.4%) are lower than last year (8.2%).
Past Earnings Growth Analysis
Earnings Trend: ACPL's earnings have declined by 12% per year over the past 5 years.
Accelerating Growth: ACPL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ACPL had negative earnings growth (-18.3%) over the past year, making it difficult to compare to the Basic Materials industry average (30.7%).
Return on Equity
High ROE: ACPL's Return on Equity (9.1%) is considered low.
How is Attock Cement Pakistan's financial position?
Financial Position Analysis
Short Term Liabilities: ACPL's short term assets (PKR14.5B) exceed its short term liabilities (PKR11.6B).
Long Term Liabilities: ACPL's short term assets (PKR14.5B) exceed its long term liabilities (PKR4.3B).
Debt to Equity History and Analysis
Debt Level: ACPL's debt to equity ratio (30.1%) is considered satisfactory.
Reducing Debt: ACPL's debt to equity ratio has increased from 0% to 30.1% over the past 5 years.
Debt Coverage: ACPL's debt is well covered by operating cash flow (70.5%).
Interest Coverage: ACPL's interest payments on its debt are well covered by EBIT (28.7x coverage).
What is Attock Cement Pakistan current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ACPL's dividend (2.96%) isn’t notable compared to the bottom 25% of dividend payers in the PK market (3.17%).
High Dividend: ACPL's dividend (2.96%) is low compared to the top 25% of dividend payers in the PK market (10.54%).
Stability and Growth of Payments
Stable Dividend: ACPL's dividend payments have been volatile in the past 10 years.
Growing Dividend: ACPL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (31.6%), ACPL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ACPL's dividends in 3 years are forecast to be well covered by earnings (38.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Babar Bashir Nawaz serves as Director at Attock Refinery Limited since August 3, 2021. He has been Chief Executive Officer of Attock Cement Pakistan Limited since October 26, 2020 and serves as its Exe...
Experienced Board: ACPL's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Attock Cement Pakistan Limited's employee growth, exchange listings and data sources
- Name: Attock Cement Pakistan Limited
- Ticker: ACPL
- Exchange: KASE
- Founded: 1981
- Industry: Construction Materials
- Sector: Materials
- Market Cap: PK₨18.588b
- Shares outstanding: 137.43m
- Website: https://www.attockcement.com
Number of Employees
- Attock Cement Pakistan Limited
- D - 70, Kehkashan-5
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/23 13:31|
|End of Day Share Price||2021/10/22 00:00|
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.