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AGHA

Agha Steel Industries KASE:AGHA Stock Report

Last Price

PK₨15.16

Market Cap

PK₨9.2b

7D

1.5%

1Y

-42.5%

Updated

26 Sep, 2022

Data

Company Financials +
AGHA fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health2/6
Dividends0/6

AGHA Stock Overview

Agha Steel Industries Limited, a steel re-rolling manufacturing company, manufactures and sells various steel products for government and private sector enterprises in Pakistan.

Agha Steel Industries Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Agha Steel Industries
Historical stock prices
Current Share PricePK₨15.16
52 Week HighPK₨33.40
52 Week LowPK₨13.30
Beta0
1 Month Change-1.62%
3 Month Change-0.066%
1 Year Change-42.53%
3 Year Changen/a
5 Year Changen/a
Change since IPO-53.73%

Recent News & Updates

Shareholder Returns

AGHAPK Metals and MiningPK Market
7D1.5%-5.5%-2.4%
1Y-42.5%-37.2%-16.3%

Return vs Industry: AGHA underperformed the PK Metals and Mining industry which returned -37.2% over the past year.

Return vs Market: AGHA underperformed the PK Market which returned -16.3% over the past year.

Price Volatility

Is AGHA's price volatile compared to industry and market?
AGHA volatility
AGHA Average Weekly Movement5.1%
Metals and Mining Industry Average Movement5.4%
Market Average Movement4.9%
10% most volatile stocks in PK Market7.8%
10% least volatile stocks in PK Market3.2%

Stable Share Price: AGHA is not significantly more volatile than the rest of PK stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: AGHA's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2010310n/ahttps://www.aghasteel.com

Agha Steel Industries Limited, a steel re-rolling manufacturing company, manufactures and sells various steel products for government and private sector enterprises in Pakistan. It offers a range of alloy, carbon, and mild steel billets that are used as a basic material for the production various types of rebars and wire rods; and rebars. The company was founded in 2010 and is based in Karachi, Pakistan.

Agha Steel Industries Fundamentals Summary

How do Agha Steel Industries's earnings and revenue compare to its market cap?
AGHA fundamental statistics
Market CapPK₨9.17b
Earnings (TTM)PK₨2.18b
Revenue (TTM)PK₨23.01b

4.2x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AGHA income statement (TTM)
RevenuePK₨23.01b
Cost of RevenuePK₨17.50b
Gross ProfitPK₨5.52b
Other ExpensesPK₨3.34b
EarningsPK₨2.18b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)3.60
Gross Margin23.97%
Net Profit Margin9.46%
Debt/Equity Ratio140.7%

How did AGHA perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

AGHA 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/Revenue1.3x
Enterprise Value/EBITDA5.8x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

AGHA PE Ratio vs Peers
The above table shows the PE ratio for AGHA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average4.1x
ASTL Amreli Steels
3.5x7.4%PK₨8.0b
ASL Aisha Steel Mills
3.9xn/aPK₨8.1b
INIL International Industries
5.4xn/aPK₨13.2b
MUGHAL Mughal Iron & Steel Industries
4x18.1%PK₨22.4b
AGHA Agha Steel Industries
4.2xn/aPK₨9.2b

Price-To-Earnings vs Peers: AGHA is expensive based on its Price-To-Earnings Ratio (4.2x) compared to the peer average (4.1x).


Price to Earnings Ratio vs Industry

How does AGHA's PE Ratio compare vs other companies in the Asian Metals and Mining Industry?

Price-To-Earnings vs Industry: AGHA is good value based on its Price-To-Earnings Ratio (4.2x) compared to the Asian Metals and Mining industry average (11.1x)


Price to Earnings Ratio vs Fair Ratio

What is AGHA'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.

AGHA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio4.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate AGHA's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

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

Below Fair Value: AGHA (PKR15.16) is trading below our estimate of fair value (PKR15.32)

Significantly Below Fair Value: AGHA is trading below fair value, but not by a significant amount.


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.


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Future Growth

How is Agha Steel Industries forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

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


10.8%

Forecasted Materials industry annual growth in earnings

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if AGHA's forecast earnings growth is above the savings rate (10.5%).

Earnings vs Market: Insufficient data to determine if AGHA's earnings are forecast to grow faster than the PK market

High Growth Earnings: Insufficient data to determine if AGHA's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if AGHA's revenue is forecast to grow faster than the PK market.

High Growth Revenue: Insufficient data to determine if AGHA's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AGHA's Return on Equity is forecast to be low in 3 years time (19%).


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Past Performance

How has Agha Steel Industries performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


18.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: AGHA has high quality earnings.

Growing Profit Margin: AGHA's current net profit margins (9.5%) are lower than last year (10%).


Past Earnings Growth Analysis

Earnings Trend: AGHA's earnings have grown by 18.8% per year over the past 5 years.

Accelerating Growth: AGHA's earnings growth over the past year (19.8%) exceeds its 5-year average (18.8% per year).

Earnings vs Industry: AGHA earnings growth over the past year (19.8%) underperformed the Metals and Mining industry 25.1%.


Return on Equity

High ROE: AGHA's Return on Equity (14%) is considered low.


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Financial Health

How is Agha Steel Industries's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: AGHA's short term assets (PKR20.6B) exceed its short term liabilities (PKR17.6B).

Long Term Liabilities: AGHA's short term assets (PKR20.6B) exceed its long term liabilities (PKR6.5B).


Debt to Equity History and Analysis

Debt Level: AGHA's net debt to equity ratio (139.4%) is considered high.

Reducing Debt: Insufficient data to determine if AGHA's debt to equity ratio has reduced over the past 5 years.

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

Interest Coverage: AGHA's interest payments on its debt are not well covered by EBIT (2.6x coverage).


Balance Sheet


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Dividend

What is Agha Steel Industries's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


13.72%

Forecast Dividend Yield

Dividend Yield vs Market

Notable Dividend: Unable to evaluate AGHA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AGHA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AGHA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AGHA's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as AGHA has not reported any payouts.


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Management

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

1.0yrs

Average board tenure


CEO

Agha Steel Industries has no CEO, or we have no data on them.


Board Members

Experienced Board: AGHA's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.


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

What is the ownership structure of AGHA?
Owner TypeNumber of SharesOwnership Percentage
Institutions16,057,7472.7%
Individual Insiders267,446,21144.2%
General Public321,375,10053.1%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 13 shareholders own 46.87% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
15.83%
Hussain Agha
95,775,812PKR1.5b0%no data
15.83%
Raza Agha
95,775,812PKR1.5b0%no data
12.55%
Shazia Agha
75,894,272PKR1.2b0%no data
1.03%
Al Meezan Investment Management Limited
6,229,538PKR94.4m0%0.22%
0.46%
NBP Fund Management Limited
2,777,775PKR42.1m0%0.13%
0.44%
UBL Fund Managers Limited
2,669,834PKR40.5m0%0.19%
0.41%
HBL Asset Management Limited
2,460,675PKR37.3m0%0.28%
0.28%
Alfalah GHP Investment Management Limited
1,696,800PKR25.7m0%0.55%
0.035%
MCB-Arif Habib Savings and Investments Limited
210,000PKR3.2m0%0.01%
0.0022%
ABL Asset Management Company Limited
13,125PKR199.0k0%no data
0.00002%
Askari Agha
105PKR1.6k0%no data
0.00002%
Abkar Pesnani
105PKR1.6k0%no data
0.00002%
Saleem Parekh
105PKR1.6k0%no data

Company Information

Agha Steel Industries Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Agha Steel Industries Limited
  • Ticker: AGHA
  • Exchange: KASE
  • Founded: 2010
  • Industry: Steel
  • Sector: Materials
  • Implied Market Cap: PK₨9.170b
  • Shares outstanding: 604.88m
  • Website: https://www.aghasteel.com

Number of Employees


Location

  • Agha Steel Industries Limited
  • Emerald Tower, Clifton Block 5
  • Suit # 801 & 804, 8th Floor
  • Karachi
  • 74000
  • Pakistan


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AGHAKASE (Pakistan Stock Exchange Limited)YesOrdinary SharesPKPKRNov 2020

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/26 00:00
End of Day Share Price2022/09/26 00:00
Earnings2022/03/31
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.