Financials Pakistan International Container Terminal Limited

Equities

PICT

PK0079701014

Marine Port Services

End-of-day quote Pakistan S.E. 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
47.66 PKR -0.17% Intraday chart for Pakistan International Container Terminal Limited -4.16% -2.85%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 37,712 23,359 20,358 19,398 16,810 17,413
Enterprise Value (EV) 1 37,544 22,928 19,037 17,517 12,667 11,323
P/E ratio 13.5 x 10.9 x 9.52 x 7.26 x 4.96 x 6.38 x
Yield 6.94% 8.22% 9.65% 14.4% 21.2% 13.2%
Capitalization / Revenue 4.06 x 2.83 x 2.57 x 2.15 x 1.51 x 1.45 x
EV / Revenue 4.04 x 2.78 x 2.4 x 1.94 x 1.14 x 0.94 x
EV / EBITDA 7.95 x 5.86 x 5.3 x 4.1 x 2.39 x 2.1 x
EV / FCF 15.1 x 9.27 x 8.28 x 5.28 x 2.53 x 2.21 x
FCF Yield 6.61% 10.8% 12.1% 18.9% 39.5% 45.3%
Price to Book 16.1 x 10.2 x 7.16 x 7.9 x 6.17 x 8.03 x
Nbr of stocks (in thousands) 109,153 109,153 109,153 109,153 109,153 109,153
Reference price 2 345.5 214.0 186.5 177.7 154.0 159.5
Announcement Date 3/29/18 4/5/19 3/4/20 4/8/21 3/29/22 5/16/23
1PKR in Million2PKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 9,291 8,250 7,927 9,009 11,099 12,024
EBITDA 1 4,720 3,912 3,592 4,274 5,294 5,382
EBIT 1 4,122 3,272 2,940 3,585 4,584 4,535
Operating Margin 44.37% 39.66% 37.09% 39.79% 41.3% 37.72%
Earnings before Tax (EBT) 1 4,169 3,290 3,011 3,764 4,776 5,003
Net income 1 2,798 2,135 2,137 2,673 3,390 2,729
Net margin 30.11% 25.88% 26.96% 29.66% 30.54% 22.7%
EPS 2 25.63 19.56 19.58 24.48 31.05 25.01
Free Cash Flow 1 2,480 2,474 2,298 3,318 5,004 5,127
FCF margin 26.69% 29.99% 28.99% 36.83% 45.08% 42.64%
FCF Conversion (EBITDA) 52.54% 63.24% 63.97% 77.64% 94.53% 95.25%
FCF Conversion (Net income) 88.64% 115.89% 107.52% 124.16% 147.62% 187.82%
Dividend per Share 2 23.98 17.60 18.00 25.54 32.60 21.10
Announcement Date 3/29/18 4/5/19 3/4/20 4/8/21 3/29/22 5/16/23
1PKR in Million2PKR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 168 431 1,321 1,881 4,143 6,090
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 2,480 2,474 2,298 3,318 5,004 5,127
ROE (net income / shareholders' equity) 125% 92% 83.1% 101% 131% 112%
ROA (Net income/ Total Assets) 58.4% 49% 41.9% 47.5% 49.1% 37.4%
Assets 1 4,788 4,356 5,097 5,623 6,904 7,294
Book Value Per Share 2 21.40 21.10 26.10 22.50 25.00 19.90
Cash Flow per Share 2 1.490 3.900 12.10 17.20 37.90 55.50
Capex 1 270 290 257 127 298 383
Capex / Sales 2.91% 3.52% 3.25% 1.41% 2.68% 3.18%
Announcement Date 3/29/18 4/5/19 3/4/20 4/8/21 3/29/22 5/16/23
1PKR in Million2PKR
Estimates
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