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ENGR

Engro KASE:ENGRO Stock Report

Last Price

PK₨267.20

Market Cap

PK₨154.6b

7D

-1.0%

1Y

-13.5%

Updated

20 May, 2022

Data

Company Financials +
ENGRO fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends4/6

ENGRO Stock Overview

Engro Corporation Limited, through its subsidiaries, engages in fertilizers, foods, energy, chemical storage and handling, trading, and petrochemicals businesses.

Engro Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Engro
Historical stock prices
Current Share PricePK₨267.20
52 Week HighPK₨320.95
52 Week LowPK₨261.00
Beta0.49
1 Month Change-9.35%
3 Month Change-3.36%
1 Year Change-13.47%
3 Year Change-4.91%
5 Year Change-26.22%
Change since IPO1,290.23%

Recent News & Updates

Shareholder Returns

ENGROPK ChemicalsPK Market
7D-1.0%0.9%-0.8%
1Y-13.5%5.0%-12.1%

Return vs Industry: ENGRO underperformed the PK Chemicals industry which returned 5.3% over the past year.

Return vs Market: ENGRO underperformed the PK Market which returned -11.6% over the past year.

Price Volatility

Is ENGRO's price volatile compared to industry and market?
ENGRO volatility
ENGRO Average Weekly Movement3.0%
Chemicals Industry Average Movement4.6%
Market Average Movement5.8%
10% most volatile stocks in PK Market9.1%
10% least volatile stocks in PK Market3.5%

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

Volatility Over Time: ENGRO's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19652,687Ghias Khanhttps://www.engro.com

Engro Corporation Limited, through its subsidiaries, engages in fertilizers, foods, energy, chemical storage and handling, trading, and petrochemicals businesses. The company operates through Fertilizer, Polymer, Terminal, Power and Mining, and Other Operations segments. It manufactures, markets, and sells fertilizers, including urea under the Engro Zarkhez, Zingro, Engro DAP, and Envy brands; and poly vinyl chloride (PVC), PVC compounds, caustic soda, sodium hypochlorite, hydrochloric acid and other chlorine by-products, chlor-vinyl, and related chemicals, as well as imports and sells phosphate products.

Engro Fundamentals Summary

How do Engro's earnings and revenue compare to its market cap?
ENGRO fundamental statistics
Market CapPK₨154.64b
Earnings (TTM)PK₨27.91b
Revenue (TTM)PK₨311.59b

5.5x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ENGRO income statement (TTM)
RevenuePK₨311.59b
Cost of RevenuePK₨212.13b
Gross ProfitPK₨99.45b
Other ExpensesPK₨71.54b
EarningsPK₨27.91b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)48.45
Gross Margin31.92%
Net Profit Margin8.96%
Debt/Equity Ratio95.6%

How did ENGRO perform over the long term?

See historical performance and comparison

Dividends

9.4%

Current Dividend Yield

52%

Payout Ratio

Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


9.6%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: ENGRO (PKR267.2) is trading below our estimate of fair value (PKR295.57)

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


Price To Earnings Ratio

PE vs Industry: ENGRO is good value based on its PE Ratio (5.5x) compared to the PK Chemicals industry average (5.8x).

PE vs Market: ENGRO is good value based on its PE Ratio (5.5x) compared to the PK market (5.7x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ENGRO is good value based on its PB Ratio (1x) compared to the PK Chemicals industry average (1.2x).


Future Growth

How is Engro forecast to perform in the next 1 to 3 years based on estimates from 4 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


-4.6%

Forecasted annual revenue growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if ENGRO's forecast earnings growth is above the savings rate (10.2%).

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

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

Revenue vs Market: ENGRO's revenue is expected to decline over the next 3 years (-4.6% per year).

High Growth Revenue: ENGRO's revenue is forecast to decline over the next 3 years (-4.6% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ENGRO's Return on Equity is forecast to be low in 3 years time (13.8%).


Past Performance

How has Engro 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


-20.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ENGRO has high quality earnings.

Growing Profit Margin: ENGRO's current net profit margins (9%) are lower than last year (10.2%).


Past Earnings Growth Analysis

Earnings Trend: ENGRO's earnings have declined by 20.5% per year over the past 5 years.

Accelerating Growth: ENGRO's earnings growth over the past year (10%) exceeds its 5-year average (-20.5% per year).

Earnings vs Industry: ENGRO earnings growth over the past year (10%) underperformed the Chemicals industry 44.1%.


Return on Equity

High ROE: ENGRO's Return on Equity (22.2%) is considered high.


Financial Health

How is Engro's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ENGRO's short term assets (PKR247.8B) exceed its short term liabilities (PKR168.5B).

Long Term Liabilities: ENGRO's short term assets (PKR247.8B) exceed its long term liabilities (PKR212.2B).


Debt to Equity History and Analysis

Debt Level: ENGRO's net debt to equity ratio (47.8%) is considered high.

Reducing Debt: ENGRO's debt to equity ratio has increased from 46.5% to 95.6% over the past 5 years.

Debt Coverage: ENGRO's debt is well covered by operating cash flow (29.4%).

Interest Coverage: ENGRO's interest payments on its debt are well covered by EBIT (5x coverage).


Balance Sheet


Dividend

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

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


9.36%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: ENGRO's dividend (9.36%) is higher than the bottom 25% of dividend payers in the PK market (3.69%).

High Dividend: ENGRO's dividend (9.36%) is low compared to the top 25% of dividend payers in the PK market (11.07%).


Stability and Growth of Payments

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

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


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (51.6%), ENGRO's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (34.7%), ENGRO's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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

2.9yrs

Average management tenure


CEO

Ghias Khan

5.42yrs

Tenure

Mr. Ghias Uddin Khan serves as Chairman at Engro Enfrashare (Private) Limited. He serves as Director at Engro Enfrashare (Private) Limited 2016. He has been instrumental in revamping Engro’s strategy, cult...


Leadership Team

Experienced Management: ENGRO's management team is considered experienced (2.9 years average tenure).


Board Members

Experienced Board: ENGRO's board of directors are considered experienced (5 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

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


Key Information

  • Name: Engro Corporation Limited
  • Ticker: ENGRO
  • Exchange: KASE
  • Founded: 1965
  • Industry: Fertilizers and Agricultural Chemicals
  • Sector: Materials
  • Implied Market Cap: PK₨154.642b
  • Shares outstanding: 576.16m
  • Website: https://www.engro.com

Number of Employees


Location

  • Engro Corporation Limited
  • Harbor Front Building
  • 7th & 8th Floor, Block 4
  • Karachi
  • 75600
  • Pakistan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/20 00:00
End of Day Share Price2022/05/20 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.