Financials Attock Cement Pakistan Limited

Equities

ACPL

PK0078501019

Construction Materials

End-of-day quote Pakistan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
96.17 PKR -2.05% Intraday chart for Attock Cement Pakistan Limited -0.09% -0.05%

Valuation

Fiscal Period: Juni 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 9,814 17,128 24,712 9,139 11,389 13,216 - -
Enterprise Value (EV) 1 9,814 17,128 24,712 9,139 11,389 13,216 13,216 13,216
P/E ratio 4.73 x 8.64 x 13.2 x 8.16 x 6.09 x 4.49 x 1.97 x 1.62 x
Yield 5.6% 2.81% 2.22% 5.26% 7.24% 6.76% 12% 13.3%
Capitalization / Revenue 0.47 x 0.72 x 0.86 x 0.33 x 0.45 x 0.45 x 0.33 x -
EV / Revenue 0.47 x 0.72 x 0.86 x 0.33 x 0.45 x 0.45 x 0.33 x -
EV / EBITDA - - - - - - - -
EV / FCF - 5,538,281 x 15,461,916 x -1,102,542 x -1,718,860 x - - -
FCF Yield - 0% 0% -0% -0% - - -
Price to Book 0.58 x - 1.26 x - 0.45 x 0.56 x 0.41 x 0.41 x
Nbr of stocks (in thousands) 137,427 137,427 137,427 137,427 137,427 137,427 - -
Reference price 2 71.41 124.6 179.8 66.50 82.87 96.17 96.17 96.17
Announcement Date 7/29/19 8/26/20 8/11/21 8/17/22 9/25/23 - - -
1PKR in Million2PKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 20,781 23,948 28,602 28,087 25,477 29,088 39,704 -
EBITDA - - - - - - - -
EBIT 2,733 3,458 3,506 2,411 4,338 - - -
Operating Margin 13.15% 14.44% 12.26% 8.58% 17.03% - - -
Earnings before Tax (EBT) 1 2,403 2,992 2,811 2,545 2,879 4,437 6,880 -
Net income 1 2,073 2,567 2,379 1,355 1,870 2,944 4,698 -
Net margin 9.98% 10.72% 8.32% 4.82% 7.34% 10.12% 11.83% -
EPS 2 15.09 14.43 13.61 8.150 13.60 21.40 48.70 59.50
Free Cash Flow - 3,093 1,598 -8,289 -6,626 - - -
FCF margin - 12.91% 5.59% -29.51% -26.01% - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - 120.47% 67.19% - - - - -
Dividend per Share 2 4.000 3.500 4.000 3.500 6.000 6.500 11.55 12.80
Announcement Date 7/29/19 8/26/20 8/11/21 8/17/22 9/25/23 - - -
1PKR in Million2PKR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June 2020 S1 2021 S1 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 S1 2024 Q3
Net sales 1 12,460 - 5,732 - - 8,057 6,900 6,610 8,859 15,469 10,387 -378.9 6,660 7,978 14,638 7,248
EBITDA - - - - - - - - - - - - - - - -
EBIT - - 480.5 - - - - - - - - - - - - -
Operating Margin - - 8.38% - - - - - - - - - - - - -
Earnings before Tax (EBT) 1,189 - 454.3 - - - 583.1 - 1,042 1,373 - - - - - -
Net income 1 1,154 - 332.4 - - 445 100.7 211.4 675.6 950.9 547.9 370.8 1,544 1,799 3,343 350
Net margin 9.27% - 5.8% - - 5.52% 1.46% 3.2% 7.63% 6.15% 5.27% -97.86% 23.18% 22.55% 22.83% 4.83%
EPS 2 8.400 7.020 2.420 2.270 4.690 3.190 0.2700 1.540 4.240 5.780 3.970 3.850 11.23 3.620 14.85 2.550
Dividend per Share - - - - - - 1.500 - - - - - - - - -
Announcement Date 1/28/20 1/27/21 10/22/21 2/11/22 2/11/22 4/30/22 8/17/22 10/31/22 3/1/23 3/1/23 4/29/23 9/25/23 10/16/23 2/13/24 2/13/24 -
1PKR in Million2PKR
Estimates

Balance Sheet Analysis

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - 3,093 1,598 -8,289 -6,626 - - -
ROE (net income / shareholders' equity) 12.9% 13.1% 12.5% 6% 8% - - -
ROA (Net income/ Total Assets) 7.19% - - - - - - -
Assets 1 28,855 - - - - - - -
Book Value Per Share 2 123.0 - 142.0 - 185.0 171.0 235.0 236.0
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 7/29/19 8/26/20 8/11/21 8/17/22 9/25/23 - - -
1PKR in Million2PKR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
96.17 PKR
Average target price
152.5 PKR
Spread / Average Target
+58.61%
Consensus
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  4. Financials Attock Cement Pakistan Limited