BWCL Stock Overview
Bestway Cement Limited produces and sells cement in Pakistan.
Bestway Cement Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||PK₨133.50|
|52 Week High||PK₨175.45|
|52 Week Low||PK₨127.49|
|1 Month Change||-7.13%|
|3 Month Change||-9.18%|
|1 Year Change||-14.72%|
|3 Year Change||22.48%|
|5 Year Change||-48.05%|
|Change since IPO||1,694.83%|
Recent News & Updates
|BWCL||PK Basic Materials||PK Market|
Return vs Industry: BWCL exceeded the PK Basic Materials industry which returned -38.1% over the past year.
Return vs Market: BWCL underperformed the PK Market which returned -12.1% over the past year.
|BWCL Average Weekly Movement||3.0%|
|Basic Materials Industry Average Movement||6.1%|
|Market Average Movement||5.7%|
|10% most volatile stocks in PK Market||8.9%|
|10% least volatile stocks in PK Market||3.4%|
Stable Share Price: BWCL is less volatile than 75% of PK stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: BWCL's weekly volatility (3%) has been stable over the past year.
About the Company
Bestway Cement Limited produces and sells cement in Pakistan. The company offers ordinary Portland, all purpose, early setting, sulphate resistant, and low alkali and low heat cements, as well as clinker. It also exports its products to Afghanistan and India.
Bestway Cement Fundamentals Summary
|BWCL fundamental statistics|
Is BWCL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BWCL income statement (TTM)|
|Cost of Revenue||PK₨45.45b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||22.92|
|Net Profit Margin||20.62%|
How did BWCL perform over the long term?See historical performance and comparison
12.0%Current Dividend Yield
Is Bestway Cement undervalued compared to its fair value and its price relative to the market?
Valuation Score 0/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BWCL (PKR133.5) is trading above our estimate of fair value (PKR120.28)
Significantly Below Fair Value: BWCL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BWCL's PE Ratio (5.8x) is in line with the PK Basic Materials industry average.
PE vs Market: BWCL is poor value based on its PE Ratio (5.8x) compared to the PK market (5.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BWCL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BWCL is overvalued based on its PB Ratio (1.3x) compared to the PK Basic Materials industry average (0.8x).
How is Bestway Cement forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Materials 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 Bestway Cement 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.
How has Bestway Cement performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BWCL has a high level of non-cash earnings.
Growing Profit Margin: BWCL's current net profit margins (20.6%) are higher than last year (16.6%).
Past Earnings Growth Analysis
Earnings Trend: BWCL's earnings have declined by 10.2% per year over the past 5 years.
Accelerating Growth: BWCL's earnings growth over the past year (63.8%) exceeds its 5-year average (-10.2% per year).
Earnings vs Industry: BWCL earnings growth over the past year (63.8%) underperformed the Basic Materials industry 66.4%.
Return on Equity
High ROE: BWCL's Return on Equity (21.6%) is considered high.
How is Bestway Cement's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: BWCL's short term assets (PKR23.3B) do not cover its short term liabilities (PKR27.8B).
Long Term Liabilities: BWCL's short term assets (PKR23.3B) do not cover its long term liabilities (PKR29.2B).
Debt to Equity History and Analysis
Debt Level: BWCL's net debt to equity ratio (38.1%) is considered satisfactory.
Reducing Debt: BWCL's debt to equity ratio has increased from 25.5% to 42.5% over the past 5 years.
Debt Coverage: BWCL's debt is well covered by operating cash flow (55.8%).
Interest Coverage: BWCL's interest payments on its debt are well covered by EBIT (17.9x coverage).
What is Bestway Cement current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BWCL's dividend (11.99%) is higher than the bottom 25% of dividend payers in the PK market (3.71%).
High Dividend: BWCL's dividend (11.99%) is in the top 25% of dividend payers in the PK market (10.85%)
Stability and Growth of Payments
Stable Dividend: BWCL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BWCL's dividend payments have increased, but the company has only paid a dividend for 9 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.8%), BWCL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: BWCL is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Lord Zameer Mohammed Choudrey, CBE, SI PK, FCA has been the Chief Executive and Executive Director of Pakcem Limited (formerly Lafarge Pakistan Cement Limited) since April 22, 2015. Mr. Choudrey serves as...
Experienced Management: BWCL's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
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.
Bestway Cement Limited's employee growth, exchange listings and data sources
- Name: Bestway Cement Limited
- Ticker: BWCL
- Exchange: KASE
- Founded: 1993
- Industry: Construction Materials
- Sector: Materials
- Implied Market Cap: PK₨79.600b
- Shares outstanding: 596.25m
- Website: https://www.bestway.com.pk
Number of Employees
- Bestway Cement Limited
- Bestway Building
- 19-A, College Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/23 00:00|
|End of Day Share Price||2022/05/23 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.