Thatta Cement (KASE:THCCL) - Stock Price, News & Analysis

THCCL Stock Overview

Manufactures and markets cement in Pakistan and internationally.

THCCL fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	2/6
Past Performance	6/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 91.3% below our estimate of its fair value

Revenue is forecast to grow 18.45% per year

Earnings grew by 1279% over the past year

Risk Analysis

Highly volatile share price over the past 3 months compared to the PK market

Does not have a meaningful market cap (PKR7B)

Thatta Cement Company Limited Competitors

Gharibwal Cement

KASE:GWLC

PK₨10.5b

Flying Cement

KASE:FLYNG

PK₨11.3b

Attock Cement Pakistan

KASE:ACPL

PK₨12.7b

Fecto Cement

KASE:FECTC

PK₨1.6b

Price History & Performance

Summary of all time highs, changes and price drops for Thatta Cement
Historical stock prices
Current Share Price	PK₨85.09
52 Week High	PK₨93.49
52 Week Low	PK₨14.66
Beta	0.75
11 Month Change	62.05%
3 Month Change	142.91%
1 Year Change	455.42%
33 Year Change	216.20%
5 Year Change	925.18%
Change since IPO	511.28%

Recent updates

Shareholder Returns

	THCCL	PK Basic Materials	PK Market
7D	5.8%	0.6%	0.8%
1Y	455.4%	54.4%	50.3%

Return vs Industry: THCCL exceeded the PK Basic Materials industry which returned 54.4% over the past year.

Return vs Market: THCCL exceeded the PK Market which returned 50.3% over the past year.

Price Volatility

Is THCCL's price volatile compared to industry and market?
THCCL volatility
THCCL Average Weekly Movement	9.7%
Basic Materials Industry Average Movement	4.6%
Market Average Movement	5.5%
10% most volatile stocks in PK Market	9.4%
10% least volatile stocks in PK Market	3.1%

Stable Share Price: THCCL's share price has been volatile over the past 3 months compared to the PK market.

Volatility Over Time: THCCL's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of PK stocks.

About the Company

Founded	Employees	CEO	Website
1980	409	Kamran Ansari	www.thattacement.com

Thatta Cement Company Limited manufactures and markets cement in Pakistan and internationally. The company operates through Cement and Power segments. The company’s product portfolio includes ordinary Portland cement, sulphate resistant cement, Portland blast furnace slag cement, and ground granulated blast furnace slag.

Thatta Cement Company Limited Fundamentals Summary

How do Thatta Cement's earnings and revenue compare to its market cap?
THCCL fundamental statistics
Market cap	PK₨7.21b
Earnings (TTM)	PK₨1.36b
Revenue (TTM)	PK₨7.68b

5.3x

P/E Ratio

0.9x

P/S Ratio

Is THCCL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
THCCL income statement (TTM)
Revenue	PK₨7.68b
Cost of Revenue	PK₨5.33b
Gross Profit	PK₨2.35b
Other Expenses	PK₨991.18m
Earnings	PK₨1.36b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	16.08
Gross Margin	30.63%
Net Profit Margin	17.73%
Debt/Equity Ratio	15.6%

How did THCCL perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

7%

Payout Ratio

Does THCCL pay a reliable dividends?

See THCCL dividend history and benchmarks

When do you need to buy THCCL by to receive an upcoming dividend?
Thatta Cement dividend dates
Ex Dividend Date	Oct 04 2024
Dividend Pay Date	Nov 05 2024
Days until Ex dividend	1 day
Days until Dividend pay date	31 days

Does THCCL pay a reliable dividends?

See THCCL dividend history and benchmarks

THCCL Stock Overview

Rewards

Risk Analysis

Thatta Cement Company Limited Competitors

KASE:GWLC

PK₨10.5b

KASE:FLYNG

PK₨11.3b

KASE:ACPL

PK₨12.7b

KASE:FECTC

PK₨1.6b

Price History & Performance

Recent News & Updates

New major risk - Share price stability

Full year 2024 earnings released: EPS: PK₨14.88 (vs PK₨1.08 in FY 2023)

Upcoming dividend of PK₨1.00 per share

Investor sentiment improves as stock rises 19%

Full year 2024 earnings released: EPS: PK₨13.97 (vs PK₨2.88 in FY 2023)

Thatta Cement Company Limited, Annual General Meeting, Oct 15, 2024

Recent updates

New major risk - Share price stability

Full year 2024 earnings released: EPS: PK₨14.88 (vs PK₨1.08 in FY 2023)

Upcoming dividend of PK₨1.00 per share

Investor sentiment improves as stock rises 19%

Full year 2024 earnings released: EPS: PK₨13.97 (vs PK₨2.88 in FY 2023)

Thatta Cement Company Limited, Annual General Meeting, Oct 15, 2024

Investor sentiment improves as stock rises 18%

Investor sentiment improves as stock rises 17%

New minor risk - Share price stability

Investor sentiment improves as stock rises 24%

Third quarter 2024 earnings released: EPS: PK₨5.38 (vs PK₨0.32 in 3Q 2023)

Now 20% undervalued

Second quarter 2024 earnings released: EPS: PK₨1.54 (vs PK₨1.16 in 2Q 2023)

Investor sentiment improves as stock rises 16%

Thatta Cement Company Appoints Shaista Bono Gilani as New Director

Full year 2023 earnings released: EPS: PK₨3.11 (vs PK₨0.99 in FY 2022)

Investor sentiment improves as stock rises 16%

Second quarter 2023 earnings released: EPS: PK₨0.49 (vs PK₨0.32 in 2Q 2022)

Less than half of directors are independent

First quarter 2023 earnings released: PK₨0.65 loss per share (vs PK₨0.18 profit in 1Q 2022)

Investor sentiment deteriorated over the past week

Less than half of directors are independent

Less than half of directors are independent

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

High number of new directors

First quarter 2022 earnings released: EPS PK₨0.18 (vs PK₨0.05 in 1Q 2021)

Investor sentiment improved over the past week

Upcoming dividend of PK₨0.25 per share

Full year 2021 earnings released: EPS PK₨2.43 (vs PK₨0.35 loss in FY 2020)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS PK₨0.58 (vs PK₨0.04 loss in 3Q 2020)

New 90-day low: PK₨18.36

Second quarter 2021 earnings released: EPS PK₨0.96 (vs PK₨0.35 in 2Q 2020)

New 90-day low: PK₨18.47

First quarter 2021 earnings released: EPS PK₨0.05

New 90-day high: PK₨25.26

Full year earnings released - PK₨0.35 loss per share

Full year earnings released - PK₨0.35 loss per share

New 90-day high: PK₨21.56

New 90-day high - PK₨12.15

New 90-day high - PK₨11.07

New 90-day high - PK₨10.01

Shareholder Returns

Price Volatility

About the Company

Thatta Cement Company Limited Fundamentals Summary

5.3x

0.9x

Earnings & Revenue

Dividends

1.2%

7%