New Risk • Jun 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Bangladeshi stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.3x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (৳5.44b market cap, or US$44.3m). Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ৳51.60, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 19x in the Basic Materials industry in Bangladesh. Total loss to shareholders of 4.1% over the past three years. Board Change • May 20
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 6 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director A.K.M. Hussain was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Duyuru • Apr 27
Premier Cement Mills PLC to Report Q3, 2026 Results on Apr 29, 2026 Premier Cement Mills PLC announced that they will report Q3, 2026 results on Apr 29, 2026 Duyuru • Jan 25
Premier Cement Mills PLC to Report Q2, 2026 Results on Jan 28, 2026 Premier Cement Mills PLC announced that they will report Q2, 2026 results on Jan 28, 2026 Duyuru • Nov 11
Premier Cement Mills PLC to Report Q1, 2026 Results on Nov 13, 2025 Premier Cement Mills PLC announced that they will report Q1, 2026 results on Nov 13, 2025 Duyuru • Oct 28
Premier Cement Mills PLC announces Annual dividend, payable on January 27, 2026 Premier Cement Mills PLC announced Annual dividend of BDT 1.0000 per share payable on January 27, 2026, ex-date on November 17, 2025 and record date on November 16, 2025. Duyuru • Oct 27
Premier Cement Mills PLC, Annual General Meeting, Dec 28, 2025 Premier Cement Mills PLC, Annual General Meeting, Dec 28, 2025, at 11:00 Central Asia Standard Time. Duyuru • Oct 20
Premier Cement Mills PLC to Report Fiscal Year 2025 Results on Oct 25, 2025 Premier Cement Mills PLC announced that they will report fiscal year 2025 results on Oct 25, 2025 Duyuru • Apr 25
Premier Cement Mills PLC to Report Q3, 2025 Results on Apr 28, 2025 Premier Cement Mills PLC announced that they will report Q3, 2025 results on Apr 28, 2025 Duyuru • Jan 23
Premier Cement Mills PLC to Report Q2, 2025 Results on Jan 29, 2025 Premier Cement Mills PLC announced that they will report Q2, 2025 results on Jan 29, 2025 Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ৳54.00, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 12x in the Basic Materials industry in Bangladesh. Total loss to shareholders of 3.2% over the past three years. Duyuru • Nov 08
Premier Cement Mills PLC to Report Q1, 2025 Results on Nov 09, 2024 Premier Cement Mills PLC announced that they will report Q1, 2025 results on Nov 09, 2024 Reported Earnings • Oct 24
Full year 2024 earnings released: EPS: ৳7.04 (vs ৳7.99 loss in FY 2023) Full year 2024 results: EPS: ৳7.04 (up from ৳7.99 loss in FY 2023). Revenue: ৳26.9b (up 23% from FY 2023). Net income: ৳742.3m (up ৳1.58b from FY 2023). Profit margin: 2.8% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Declared Dividend • Oct 23
Dividend of ৳2.15 announced Shareholders will receive a dividend of ৳2.15. Ex-date: 10th November 2024 Payment date: 30th December 2024 Dividend yield will be 3.5%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Duyuru • Oct 21
Premier Cement Mills plc Recommends Cash Dividend for the Year Ended June 30, 2024 Premier Cement Mills PLC announced that the Board of Directors has recommended 21.50% Cash Dividend for the year ended June 30, 2024. Date of AGM is November 30, 2024. Record Date is November 7, 2024. Duyuru • Oct 14
Premier Cement Mills PLC to Report Fiscal Year 2024 Results on Oct 20, 2024 Premier Cement Mills PLC announced that they will report fiscal year 2024 results on Oct 20, 2024 Duyuru • Sep 19
Premier Cement Mills PLC, Annual General Meeting, Oct 28, 2024 Premier Cement Mills PLC, Annual General Meeting, Oct 28, 2024, at 11:00 Central Asia Standard Time. Reported Earnings • May 01
Third quarter 2024 earnings released: EPS: ৳2.58 (vs ৳2.92 in 3Q 2023) Third quarter 2024 results: EPS: ৳2.58 (down from ৳2.92 in 3Q 2023). Revenue: ৳7.53b (up 25% from 3Q 2023). Net income: ৳271.7m (down 12% from 3Q 2023). Profit margin: 3.6% (down from 5.1% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Duyuru • Apr 26
Premier Cement Mills PLC to Report Q3, 2024 Results on Apr 28, 2024 Premier Cement Mills PLC announced that they will report Q3, 2024 results on Apr 28, 2024 Reported Earnings • Jan 31
Second quarter 2024 earnings released: EPS: ৳2.09 (vs ৳0.074 in 2Q 2023) Second quarter 2024 results: EPS: ৳2.09 (up from ৳0.074 in 2Q 2023). Revenue: ৳6.63b (up 29% from 2Q 2023). Net income: ৳220.1m (up ৳212.3m from 2Q 2023). Profit margin: 3.3% (up from 0.2% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. New Risk • Nov 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Bangladeshi stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 56% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (৳5.76b market cap, or US$52.1m). Upcoming Dividend • Nov 12
Upcoming dividend of ৳1.00 per share at 2.1% yield Eligible shareholders must have bought the stock before 19 November 2023. Payment date: 28 January 2024. Trailing yield: 2.1%. Lower than top quartile of Bangladeshi dividend payers (3.3%). Lower than average of industry peers (5.1%). Reported Earnings • Nov 04
Full year 2023 earnings released: ৳7.99 loss per share (vs ৳10.70 loss in FY 2022) Full year 2023 results: ৳7.99 loss per share (improved from ৳10.70 loss in FY 2022). Revenue: ৳21.8b (up 53% from FY 2022). Net loss: ৳842.3m (loss narrowed 25% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Duyuru • Oct 31
Premier Cement Mills PLC Recommends Cash Dividend for the Year Ended June 30, 2023 The board of directors of Premier Cement Mills PLC recommended 10% cash dividend for the year ended June 30, 2023. AGM date is December 28, 2023. Record date is November 16, 2023. Duyuru • Oct 30
Premier Cement Mills PLC, Annual General Meeting, Dec 28, 2023 Premier Cement Mills PLC, Annual General Meeting, Dec 28, 2023, at 11:00 Bangladesh Standard Time. Duyuru • Oct 24
Premier Cement Mills PLC to Report Fiscal Year 2023 Results on Oct 28, 2023 Premier Cement Mills PLC announced that they will report fiscal year 2023 results on Oct 28, 2023 Reported Earnings • Apr 20
Third quarter 2023 earnings released: EPS: ৳2.92 (vs ৳0.14 in 3Q 2022) Third quarter 2023 results: EPS: ৳2.92 (up from ৳0.14 in 3Q 2022). Revenue: ৳6.01b (up 41% from 3Q 2022). Net income: ৳307.5m (up ৳292.4m from 3Q 2022). Profit margin: 5.1% (up from 0.4% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Feb 28
Upcoming dividend of ৳1.00 per share at 2.2% yield Eligible shareholders must have bought the stock before 07 March 2023. Payment date: 27 April 2023. Trailing yield: 2.2%. Lower than top quartile of Bangladeshi dividend payers (3.9%). Lower than average of industry peers (4.2%). Duyuru • Feb 15
Premier Cement Mills PLC Recommends Cash Dividend for the Year Ended June 30, 2022 The board of directors of Premier Cement Mills PLC recommended 10% cash dividend for the year ended June 30, 2022. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director A.K.M. Hussain was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director A.K.M. Hussain was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 02
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: ৳0.11 (down from ৳1.70 in 2Q 2021). Revenue: ৳2.98b (down 11% from 2Q 2021). Net income: ৳11.2m (down 94% from 2Q 2021). Profit margin: 0.4% (down from 5.4% in 2Q 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ৳62.20, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 18x in the Basic Materials industry in Bangladesh. Total returns to shareholders of 1.7% over the past three years. Upcoming Dividend • Nov 11
Upcoming dividend of ৳2.00 per share Eligible shareholders must have bought the stock before 18 November 2021. Payment date: 25 January 2022. Trailing yield: 2.7%. Lower than top quartile of Bangladeshi dividend payers (3.0%). Higher than average of industry peers (1.4%). Valuation Update With 7 Day Price Move • Sep 06
Investor sentiment improved over the past week After last week's 16% share price gain to ৳95.50, the stock trades at a trailing P/E ratio of 18.1x. Average trailing P/E is 22x in the Basic Materials industry in Bangladesh. Total returns to shareholders of 25% over the past three years. Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improved over the past week After last week's 18% share price gain to ৳84.50, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 18x in the Basic Materials industry in Bangladesh. Total returns to shareholders of 23% over the past three years. Reported Earnings • May 25
Third quarter 2021 earnings released: EPS ৳1.56 (vs ৳0.18 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ৳3.63b (up 14% from 3Q 2020). Net income: ৳164.6m (up ৳145.8m from 3Q 2020). Profit margin: 4.5% (up from 0.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 2% per year. Is New 90 Day High Low • Dec 17
New 90-day high: ৳64.90 The company is up 5.0% from its price of ৳61.60 on 17 September 2020. The Bangladeshi market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is down 3.0% over the same period. Upcoming Dividend • Dec 01
Upcoming Dividend of ৳1.00 Per Share Will be paid on the 27th of January to those who are registered shareholders by the 8th of December. The trailing yield of 1.6% is below the top quartile of Bangladeshi dividend payers (3.8%), and is lower than industry peers (2.4%). Duyuru • Nov 16
Premier Cement Mills Limited, Annual General Meeting, Dec 28, 2020 Premier Cement Mills Limited, Annual General Meeting, Dec 28, 2020, at 11:30 Bangladesh Standard Time. Duyuru • Jul 06
Premier Cement Mills Limited to Report Q3, 2020 Results on Jun 30, 2020 Premier Cement Mills Limited announced that they will report Q3, 2020 results on Jun 30, 2020