Cherat Cement Company Limited

KASE:CHCC Stock Report

Market Cap: PK₨54.8b

Cherat Cement Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: CHCC (PKR282.74) is trading above our estimate of fair value (PKR110.77)

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

Key Valuation Metric

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

Key metric: As CHCC is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for CHCC. This is calculated by dividing CHCC's market cap by their current earnings.
What is CHCC's PE Ratio?
PE Ratio8x
EarningsPK₨6.84b
Market CapPK₨54.77b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for CHCC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18x
PIOC Pioneer Cement
7.9xn/aPK₨41.8b
DGKC D.G. Khan Cement
49.5xn/aPK₨36.7b
MLCF Maple Leaf Cement Factory
6.3xn/aPK₨41.7b
KOHC Kohat Cement
8.1xn/aPK₨82.1b
CHCC Cherat Cement
8x12.7%PK₨54.9b

Price-To-Earnings vs Peers: CHCC is good value based on its Price-To-Earnings Ratio (8x) compared to the peer average (18x).

Price to Earnings Ratio vs Industry

How does CHCC's PE Ratio compare vs other companies in the Asian Basic Materials Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
CHCC 8.0xIndustry Avg. 17.3xNo. of Companies39PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CHCC is good value based on its Price-To-Earnings Ratio (8x) compared to the Asian Basic Materials industry average (17.3x).

Price to Earnings Ratio vs Fair Ratio

What is CHCC'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.

CHCC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8x
Fair PE Ratio6.4x

Price-To-Earnings vs Fair Ratio: CHCC is expensive based on its Price-To-Earnings Ratio (8x) compared to the estimated Fair Price-To-Earnings Ratio (6.4x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CHCC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentPK₨282.74
PK₨209.00
-26.1%
8.9%PK₨235.00PK₨183.00n/a4
Nov ’25PK₨272.69
PK₨209.00
-23.4%
8.9%PK₨235.00PK₨183.00n/a4
Oct ’25PK₨181.55
PK₨209.00
+15.1%
8.9%PK₨235.00PK₨183.00n/a4
Sep ’25PK₨164.57
PK₨209.00
+27.0%
8.9%PK₨235.00PK₨183.00n/a4
Aug ’25PK₨163.67
PK₨210.50
+28.6%
8.6%PK₨235.00PK₨185.00n/a4
Jul ’25PK₨158.53
PK₨208.25
+31.4%
9.2%PK₨235.00PK₨185.00n/a4
Jun ’25PK₨158.42
PK₨208.25
+31.5%
9.2%PK₨235.00PK₨185.00n/a4
May ’25PK₨160.29
PK₨208.25
+29.9%
9.2%PK₨235.00PK₨185.00n/a4
Apr ’25PK₨152.89
PK₨183.20
+19.8%
12.3%PK₨205.00PK₨140.00n/a5
Mar ’25PK₨154.63
PK₨183.20
+18.5%
12.3%PK₨205.00PK₨140.00n/a5
Feb ’25PK₨152.86
PK₨181.50
+18.7%
13.8%PK₨205.00PK₨140.00n/a4
Jan ’25PK₨166.62
PK₨176.67
+6.0%
15.4%PK₨205.00PK₨140.00n/a3
Dec ’24PK₨164.99
PK₨176.67
+7.1%
15.4%PK₨205.00PK₨140.00n/a3
Nov ’24PK₨145.81
PK₨155.37
+6.6%
16.9%PK₨205.00PK₨130.00PK₨272.697
Oct ’24PK₨129.18
PK₨156.09
+20.8%
17.3%PK₨205.00PK₨130.00PK₨181.557
Sep ’24PK₨124.96
PK₨151.27
+21.1%
16.4%PK₨205.00PK₨130.00PK₨164.576
Aug ’24PK₨131.72
PK₨150.93
+14.6%
16.0%PK₨203.00PK₨130.00PK₨163.676
Jul ’24PK₨120.28
PK₨149.04
+23.9%
15.3%PK₨203.00PK₨130.00PK₨158.537
Jun ’24PK₨121.24
PK₨153.91
+26.9%
16.2%PK₨203.00PK₨130.00PK₨158.428
May ’24PK₨115.94
PK₨153.91
+32.8%
16.2%PK₨203.00PK₨130.00PK₨160.298
Apr ’24PK₨112.58
PK₨148.46
+31.9%
15.0%PK₨188.00PK₨120.00PK₨152.898
Mar ’24PK₨102.03
PK₨148.46
+45.5%
15.0%PK₨188.00PK₨120.00PK₨154.638
Feb ’24PK₨100.72
PK₨157.24
+56.1%
12.2%PK₨188.00PK₨137.00PK₨152.867
Jan ’24PK₨101.90
PK₨160.50
+57.5%
9.2%PK₨188.00PK₨137.00PK₨166.626
Dec ’23PK₨115.07
PK₨150.14
+30.5%
17.8%PK₨188.00PK₨99.00PK₨164.997
Nov ’23PK₨124.91
PK₨154.91
+24.0%
18.1%PK₨188.30PK₨99.00PK₨145.818

Analyst Forecast: Target price is lower than the current share price.

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