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PKGP

Pakgen Power KASE:PKGP Stock Report

Last Price

PK₨22.00

Market Cap

PK₨7.6b

7D

16.5%

1Y

-16.8%

Updated

16 Aug, 2022

Data

Company Financials
PKGP fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends0/6

PKGP Stock Overview

Pakgen Power Limited owns, operates, and maintains an oil-fired power station.

Pakgen Power Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Pakgen Power
Historical stock prices
Current Share PricePK₨22.00
52 Week HighPK₨28.49
52 Week LowPK₨16.60
Beta0.48
1 Month Change18.92%
3 Month Change22.22%
1 Year Change-16.82%
3 Year Change83.33%
5 Year Change11.34%
Change since IPO16.40%

Recent News & Updates

Shareholder Returns

PKGPPK Renewable EnergyPK Market
7D16.5%4.2%3.0%
1Y-16.8%-8.1%-12.8%

Return vs Industry: PKGP underperformed the PK Renewable Energy industry which returned -8.1% over the past year.

Return vs Market: PKGP underperformed the PK Market which returned -12.8% over the past year.

Price Volatility

Is PKGP's price volatile compared to industry and market?
PKGP volatility
PKGP Average Weekly Movement5.7%
Renewable Energy Industry Average Movement5.0%
Market Average Movement5.3%
10% most volatile stocks in PK Market8.1%
10% least volatile stocks in PK Market3.2%

Stable Share Price: PKGP is not significantly more volatile than the rest of PK stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: PKGP's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199574Hassan Manshahttps://www.pakgenpower.com

Pakgen Power Limited owns, operates, and maintains an oil-fired power station. The company generates and sells electricity. Its power station has a gross capacity of 365 MW located in Mehmood Kot, Muzaffargarh, Punjab, Pakistan.

Pakgen Power Fundamentals Summary

How do Pakgen Power's earnings and revenue compare to its market cap?
PKGP fundamental statistics
Market CapPK₨7.62b
Earnings (TTM)PK₨908.60m
Revenue (TTM)PK₨26.60b

9.0x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PKGP income statement (TTM)
RevenuePK₨26.60b
Cost of RevenuePK₨25.39b
Gross ProfitPK₨1.21b
Other ExpensesPK₨298.31m
EarningsPK₨908.60m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.44
Gross Margin4.54%
Net Profit Margin3.42%
Debt/Equity Ratio0.2%

How did PKGP perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

PKGP 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/Revenue0.1x
Enterprise Value/EBITDA1.8x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

PKGP PE Ratio vs Peers
The above table shows the PE ratio for PKGP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average6.7x
NPL Nishat Power
3xn/aPK₨9.2b
KOHE Kohinoor Energy
5.2xn/aPK₨6.3b
SPWL Saif Power
4.4xn/aPK₨7.1b
ALTN Altern Energy
14.2xn/aPK₨6.7b
PKGP Pakgen Power
9xn/aPK₨7.6b

Price-To-Earnings vs Peers: PKGP is expensive based on its Price-To-Earnings Ratio (9x) compared to the peer average (6.7x).


Price to Earnings Ratio vs Industry

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

Price-To-Earnings vs Industry: PKGP is expensive based on its Price-To-Earnings Ratio (9x) compared to the PK Renewable Energy industry average (5.2x)


Price to Earnings Ratio vs Fair Ratio

What is PKGP'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.

PKGP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9x
Fair PE Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: PKGP (PKR22) is trading below our estimate of fair value (PKR829.94)

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


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.


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Future Growth

How is Pakgen Power forecast to perform in the next 1 to 3 years based on estimates from 0 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


22.6%

Forecasted Utilities industry annual growth in earnings

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if PKGP's forecast earnings growth is above the savings rate (10.5%).

Earnings vs Market: Insufficient data to determine if PKGP's earnings are forecast to grow faster than the PK market

High Growth Earnings: Insufficient data to determine if PKGP's earnings are expected to grow significantly over the next 3 years.

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

High Growth Revenue: Insufficient data to determine if PKGP'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 PKGP's Return on Equity is forecast to be high in 3 years time


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Past Performance

How has Pakgen Power performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


16.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PKGP has high quality earnings.

Growing Profit Margin: PKGP's current net profit margins (3.4%) are lower than last year (37.7%).


Past Earnings Growth Analysis

Earnings Trend: PKGP's earnings have grown by 16.6% per year over the past 5 years.

Accelerating Growth: PKGP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: PKGP had negative earnings growth (-79.3%) over the past year, making it difficult to compare to the Renewable Energy industry average (-15%).


Return on Equity

High ROE: PKGP's Return on Equity (3.9%) is considered low.


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Financial Health

How is Pakgen Power'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: PKGP's short term assets (PKR20.1B) exceed its short term liabilities (PKR1.7B).

Long Term Liabilities: PKGP's short term assets (PKR20.1B) exceed its long term liabilities (PKR5.0M).


Debt to Equity History and Analysis

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

Reducing Debt: PKGP's debt to equity ratio has reduced from 63.1% to 0.2% over the past 5 years.

Debt Coverage: PKGP's debt is well covered by operating cash flow (28715.8%).

Interest Coverage: PKGP's interest payments on its debt are well covered by EBIT (7.9x coverage).


Balance Sheet


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Dividend

What is Pakgen Power current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


13.64%

Forecast Dividend Yield

Dividend Yield vs Market

Notable Dividend: Unable to evaluate PKGP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PKGP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PKGP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PKGP's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: PKGP is not paying a notable dividend for the PK market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as PKGP has not reported any payouts.


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Management

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

3.3yrs

Average board tenure


CEO

Hassan Mansha

3.33yrs

Tenure

Mian Hassan Mansha has been Chief Executive Officer of Pakgen Power Limited since April 27, 2019 and also served as its Director until June 30, 2020. Mian Mansha served as the Chairman of Pakgen Power Ltd....


Board Members

Experienced Board: PKGP's board of directors are considered experienced (3.3 years average tenure).


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

Pakgen Power Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Pakgen Power Limited
  • Ticker: PKGP
  • Exchange: KASE
  • Founded: 1995
  • Industry: Independent Power Producers and Energy Traders
  • Sector: Utilities
  • Implied Market Cap: PK₨7.617b
  • Shares outstanding: 372.08m
  • Website: https://www.pakgenpower.com

Number of Employees


Location

  • Pakgen Power Limited
  • 1-B, Aziz Avenue
  • Canal Road
  • Lahore
  • Pakistan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/16 00:00
End of Day Share Price2022/08/16 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.