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Merit Packaging KASE:MERIT Stock Report

Last Price

PK₨12.82

Market Cap

PK₨2.6b

7D

1.3%

1Y

45.7%

Updated

26 Jun, 2024

Data

Company Financials

Merit Packaging Limited

KASE:MERIT Stock Report

Market Cap: PK₨2.6b

MERIT Stock Overview

Manufactures and sells printing and packaging materials in Pakistan.

MERIT fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Merit Packaging Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Merit Packaging
Historical stock prices
Current Share PricePK₨12.82
52 Week HighPK₨13.95
52 Week LowPK₨7.12
Beta0.82
11 Month Change1.75%
3 Month Change23.86%
1 Year Change45.68%
33 Year Change-27.41%
5 Year Change-55.53%
Change since IPO12.88%

Recent News & Updates

Recent updates

Shareholder Returns

MERITPK PackagingPK Market
7D1.3%-1.2%0.9%
1Y45.7%22.4%59.0%

Return vs Industry: MERIT exceeded the PK Packaging industry which returned 22.4% over the past year.

Return vs Market: MERIT underperformed the PK Market which returned 59% over the past year.

Price Volatility

Is MERIT's price volatile compared to industry and market?
MERIT volatility
MERIT Average Weekly Movement7.0%
Packaging Industry Average Movement4.8%
Market Average Movement5.4%
10% most volatile stocks in PK Market8.2%
10% least volatile stocks in PK Market3.2%

Stable Share Price: MERIT has not had significant price volatility in the past 3 months.

Volatility Over Time: MERIT's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of PK stocks.

About the Company

FoundedEmployeesCEOWebsite
1980194Amir Chaprawww.meritpack.com

Merit Packaging Limited manufactures and sells printing and packaging materials in Pakistan. It offers pre-press, offset, gravure and post printing services; and printed products, such as folding cartons, wrappers, and labels for various brands of tea, soaps, spices, and detergents. The company serves consumer goods, food and beverage, surgical instruments, and textiles sectors.

Merit Packaging Limited Fundamentals Summary

How do Merit Packaging's earnings and revenue compare to its market cap?
MERIT fundamental statistics
Market capPK₨2.58b
Earnings (TTM)-PK₨118.15m
Revenue (TTM)PK₨6.88b

0.4x

P/S Ratio

-21.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MERIT income statement (TTM)
RevenuePK₨6.88b
Cost of RevenuePK₨6.32b
Gross ProfitPK₨568.38m
Other ExpensesPK₨686.53m
Earnings-PK₨118.15m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.59
Gross Margin8.26%
Net Profit Margin-1.72%
Debt/Equity Ratio73.9%

How did MERIT perform over the long term?

See historical performance and comparison
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