Hub Power (KASE:HUBC) Stock Valuation, Peer Comparison & Price Targets

Share Price vs Fair Value

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

Below Fair Value: HUBC (PKR109.58) is trading below our estimate of fair value (PKR142.12)

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

Key Valuation Metric

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

Key metric: As HUBC is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for HUBC. This is calculated by dividing HUBC's market cap by their current earnings.
What is HUBC's PE Ratio?
PE Ratio	2x
Earnings	PK₨72.06b
Market Cap	PK₨142.14b

HUBC 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	2x
Enterprise Value/EBITDA	3.5x
PEG Ratio	-7.3x

Price to Earnings Ratio vs Peers

How does HUBC's PE Ratio compare to its peers?

The above table shows the PE ratio for HUBC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	3x
PKGP Pakgen Power	5.6x	n/a	PK₨39.1b
EPQL Engro Powergen Qadirpur	3x	n/a	PK₨8.7b
NPL Nishat Power	1.9x	-19.4%	PK₨10.9b
LPL Lalpir Power	1.4x	n/a	PK₨8.3b
HUBC Hub Power	2x	-0.3%	PK₨142.1b

Price-To-Earnings vs Peers: HUBC is good value based on its Price-To-Earnings Ratio (2x) compared to the peer average (3x).

Price to Earnings Ratio vs Industry

How does HUBC's PE Ratio compare vs other companies in the Asian Renewable Energy Industry?

9 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	13.9x	14.6%
HUBC Hub Power	2x	-0.3%	US$511.85m

9 Companies		Estimated Growth	Market Cap
Industry Avg.	13.9x	14.6%
HUBC Hub Power	2x	-0.3%	US$511.85m

No more companies

Price-To-Earnings vs Industry: HUBC is good value based on its Price-To-Earnings Ratio (2x) compared to the Asian Renewable Energy industry average (13.9x).

Price to Earnings Ratio vs Fair Ratio

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

HUBC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	2x
Fair PE Ratio	2x

Price-To-Earnings vs Fair Ratio: HUBC is good value based on its Price-To-Earnings Ratio (2x) compared to the estimated Fair Price-To-Earnings Ratio (2x).

Analyst Price Targets

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

The above table shows the analyst HUBC forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	PK₨109.58	PK₨150.57 +37.4%	19.8%	PK₨190.00	PK₨115.00	n/a	7
Nov ’25	PK₨103.85	PK₨154.25 +48.5%	19.1%	PK₨190.00	PK₨115.00	n/a	8
Oct ’25	PK₨126.47	PK₨172.28 +36.2%	10.8%	PK₨201.50	PK₨140.00	n/a	9
Sep ’25	PK₨151.85	PK₨172.50 +13.6%	10.7%	PK₨201.50	PK₨140.00	n/a	9
Aug ’25	PK₨146.47	PK₨158.12 +8.0%	9.0%	PK₨180.00	PK₨140.00	n/a	6
Jul ’25	PK₨163.65	PK₨155.21 -5.2%	11.4%	PK₨180.00	PK₨123.00	n/a	8
Jun ’25	PK₨143.42	PK₨155.21 +8.2%	11.4%	PK₨180.00	PK₨123.00	n/a	8
May ’25	PK₨132.17	PK₨152.97 +15.7%	11.7%	PK₨180.00	PK₨123.00	n/a	9
Apr ’25	PK₨122.28	PK₨148.46 +21.4%	11.9%	PK₨170.70	PK₨123.00	n/a	8
Mar ’25	PK₨114.31	PK₨148.46 +29.9%	11.9%	PK₨170.70	PK₨123.00	n/a	8
Feb ’25	PK₨113.67	PK₨139.24 +22.5%	12.3%	PK₨170.00	PK₨120.00	n/a	8
Jan ’25	PK₨121.42	PK₨136.27 +12.2%	12.0%	PK₨170.00	PK₨120.00	n/a	7
Dec ’24	PK₨122.23	PK₨126.65 +3.6%	3.8%	PK₨135.00	PK₨120.00	n/a	6
Nov ’24	PK₨104.12	PK₨124.99 +20.0%	4.9%	PK₨135.00	PK₨115.00	PK₨103.85	7
Oct ’24	PK₨88.33	PK₨119.27 +35.0%	13.6%	PK₨135.00	PK₨82.00	PK₨126.47	7
Sep ’24	PK₨79.83	PK₨114.97 +44.0%	14.9%	PK₨128.00	PK₨82.00	PK₨151.85	5
Aug ’24	PK₨84.62	PK₨116.19 +37.3%	13.6%	PK₨135.00	PK₨82.00	PK₨146.47	7
Jul ’24	PK₨69.58	PK₨116.19 +67.0%	13.6%	PK₨135.00	PK₨82.00	PK₨163.65	7
Jun ’24	PK₨67.93	PK₨116.19 +71.0%	13.6%	PK₨135.00	PK₨82.00	PK₨143.42	7
May ’24	PK₨71.86	PK₨116.19 +61.7%	13.6%	PK₨135.00	PK₨82.00	PK₨132.17	7
Apr ’24	PK₨67.53	PK₨116.19 +72.1%	13.6%	PK₨135.00	PK₨82.00	PK₨122.28	7
Mar ’24	PK₨70.48	PK₨116.19 +64.9%	13.6%	PK₨135.00	PK₨82.00	PK₨114.31	7
Feb ’24	PK₨64.23	PK₨123.02 +91.5%	12.2%	PK₨138.00	PK₨89.00	PK₨113.67	7
Jan ’24	PK₨63.08	PK₨122.00 +93.4%	12.4%	PK₨138.00	PK₨89.00	PK₨121.42	7
Dec ’23	PK₨66.65	PK₨122.00 +83.0%	12.4%	PK₨138.00	PK₨89.00	PK₨122.23	7
Nov ’23	PK₨66.97	PK₨121.13 +80.9%	11.3%	PK₨138.00	PK₨89.00	PK₨104.12	8

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Hub Power Valuation