Hascol Petroleum Valuation

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

HASCOL (PKR11.23) is trading below our estimate of [[fair value]] (PKR64.19)

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

Valuation Score

4/6

Valuation Score 4/6

Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: HASCOL (PKR11.23) is trading below our estimate of fair value (PKR64.19)

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

Key Valuation Metric

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

Key metric: As HASCOL is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for HASCOL. This is calculated by dividing HASCOL's market cap by their current revenue.
What is HASCOL's PS Ratio?
PS Ratio	0.08x
Sales	PK₨144.18b
Market Cap	PK₨11.22b

HASCOL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.4x
Enterprise Value/EBITDA	851.4x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does HASCOL's PS Ratio compare to its peers?

The above table shows the PS ratio for HASCOL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	11.2x
MODAM Modaraba Al-Mali	43.6x	n/a	PK₨520.4m
2788 Apple International	0.1x	n/a	JP¥5.9b
8418 Optima Automobile Group Holdings	0.8x	n/a	HK$340.0m
FESCO Future Energy Source	0.3x	n/a	JA$9.2b
HASCOL Hascol Petroleum	0.08x	n/a	PK₨11.2b

Price-To-Sales vs Peers: HASCOL is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (11.2x).

Price to Sales Ratio vs Industry

How does HASCOL's PS Ratio compare vs other companies in the Asian Specialty Retail Industry?

58 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	0.6x	10.6%
HASCOL Hascol Petroleum	0.08x	n/a	US$40.40m

58 Companies		Estimated Growth	Market Cap
Industry Avg.	0.6x	16.9%
HASCOL Hascol Petroleum	0.08x	n/a	US$40.40m

No more companies

Price-To-Sales vs Industry: HASCOL is good value based on its Price-To-Sales Ratio (0.1x) compared to the Asian Specialty Retail industry average (0.6x).

Price to Sales Ratio vs Fair Ratio

What is HASCOL's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

HASCOL PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.08x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate HASCOL's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.