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FFC

Fauji Fertilizer KASE:FFC Stock Report

Last Price

PK₨116.54

Market Cap

PK₨150.5b

7D

1.6%

1Y

6.9%

Updated

23 May, 2022

Data

Company Financials +
FFC fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends5/6

FFC Stock Overview

Fauji Fertilizer Company Limited, together with its subsidiaries, manufactures, purchases, and markets fertilizers and chemicals in Pakistan and Morocco.

Fauji Fertilizer Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Fauji Fertilizer
Historical stock prices
Current Share PricePK₨116.54
52 Week HighPK₨128.89
52 Week LowPK₨95.40
Beta0.38
1 Month Change-4.36%
3 Month Change7.24%
1 Year Change6.88%
3 Year Change23.13%
5 Year Change20.42%
Change since IPO544.07%

Recent News & Updates

Shareholder Returns

FFCPK ChemicalsPK Market
7D1.6%0.8%-0.8%
1Y6.9%5.0%-12.1%

Return vs Industry: FFC exceeded the PK Chemicals industry which returned 5% over the past year.

Return vs Market: FFC exceeded the PK Market which returned -12.1% over the past year.

Price Volatility

Is FFC's price volatile compared to industry and market?
FFC volatility
FFC Average Weekly Movement3.0%
Chemicals Industry Average Movement4.6%
Market Average Movement5.8%
10% most volatile stocks in PK Market9.2%
10% least volatile stocks in PK Market3.5%

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

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

About the Company

FoundedEmployeesCEOWebsite
19783,577Sarfaraz Rehmanhttps://www.ffc.com.pk

Fauji Fertilizer Company Limited, together with its subsidiaries, manufactures, purchases, and markets fertilizers and chemicals in Pakistan and Morocco. It operates through four segments: Fertilizers, Power, Food, and Technical Services. The company offers Sona urea, which is urea fertilizer in prills and granular forms for manufacturing of plastics, adhesives, and industrial feedstock; Sona DAP, a concentrated phosphatic fertilizer for use in root proliferation and energy reactions in the plants, as well as commercial firefighting, metal finisher, yeast nutrient, and sugar purifier products.

Fauji Fertilizer Fundamentals Summary

How do Fauji Fertilizer's earnings and revenue compare to its market cap?
FFC fundamental statistics
Market CapPK₨150.51b
Earnings (TTM)PK₨38.24b
Revenue (TTM)PK₨120.35b

3.9x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FFC income statement (TTM)
RevenuePK₨120.35b
Cost of RevenuePK₨77.64b
Gross ProfitPK₨42.71b
Other ExpensesPK₨4.48b
EarningsPK₨38.24b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)30.05
Gross Margin35.49%
Net Profit Margin31.77%
Debt/Equity Ratio53.7%

How did FFC perform over the long term?

See historical performance and comparison

Dividends

12.4%

Current Dividend Yield

49%

Payout Ratio

Valuation

Is Fauji Fertilizer 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


42.3%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: FFC (PKR116.54) is trading below our estimate of fair value (PKR201.95)

Significantly Below Fair Value: FFC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: FFC is good value based on its PE Ratio (3.9x) compared to the PK Chemicals industry average (5.8x).

PE vs Market: FFC is good value based on its PE Ratio (3.9x) compared to the PK market (5.7x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: FFC is overvalued based on its PB Ratio (1.5x) compared to the PK Chemicals industry average (1.2x).


Future Growth

How is Fauji Fertilizer forecast to perform in the next 1 to 3 years based on estimates from 2 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


14.1%

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 FFC's forecast earnings growth is above the savings rate (10.2%).

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

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


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if FFC's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Fauji Fertilizer performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


26.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: FFC has high quality earnings.

Growing Profit Margin: FFC's current net profit margins (31.8%) are higher than last year (30.3%).


Past Earnings Growth Analysis

Earnings Trend: FFC's earnings have grown significantly by 26.5% per year over the past 5 years.

Accelerating Growth: FFC's earnings growth over the past year (21.5%) is below its 5-year average (26.5% per year).

Earnings vs Industry: FFC earnings growth over the past year (21.5%) underperformed the Chemicals industry 44.1%.


Return on Equity

High ROE: FFC's Return on Equity (37.8%) is considered high.


Financial Health

How is Fauji Fertilizer's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: FFC's short term assets (PKR137.7B) exceed its short term liabilities (PKR116.7B).

Long Term Liabilities: FFC's short term assets (PKR137.7B) exceed its long term liabilities (PKR49.0B).


Debt to Equity History and Analysis

Debt Level: FFC has more cash than its total debt.

Reducing Debt: FFC's debt to equity ratio has reduced from 96.6% to 53.7% over the past 5 years.

Debt Coverage: FFC's debt is well covered by operating cash flow (63.7%).

Interest Coverage: FFC earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Fauji Fertilizer 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


12.44%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: FFC's dividend (12.44%) is higher than the bottom 25% of dividend payers in the PK market (3.71%).

High Dividend: FFC's dividend (12.44%) is in the top 25% of dividend payers in the PK market (10.85%)


Stability and Growth of Payments

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

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


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (48.8%), FFC's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (60.6%), FFC's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Management

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

2.7yrs

Average management tenure


CEO

Sarfaraz Rehman

0.58

Tenure

Mr. Sarfaraz Ahmed Rehman serves as Non-Executive Director at Fauji Fertilizer Bin Qasim Limited since February 2022 and also served as Managing Director & Chief Executive Officer since October 16, 2021 un...


Leadership Team

Experienced Management: FFC's management team is considered experienced (2.7 years average tenure).


Board Members

Experienced Board: FFC's board of directors are not considered experienced ( 1.7 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

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


Top Shareholders

Company Information

Fauji Fertilizer Company Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Fauji Fertilizer Company Limited
  • Ticker: FFC
  • Exchange: KASE
  • Founded: 1978
  • Industry: Fertilizers and Agricultural Chemicals
  • Sector: Materials
  • Implied Market Cap: PK₨150.506b
  • Shares outstanding: 1.27b
  • Website: https://www.ffc.com.pk

Number of Employees


Location

  • Fauji Fertilizer Company Limited
  • Sona Tower
  • 156, The Mall
  • Rawalpindi
  • Pakistan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/23 00:00
End of Day Share Price2022/05/23 00:00
Earnings2022/03/31
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.