Financials Pakistan Tobacco Company Limited

Equities

PAKT

PK0002701016

Tobacco

End-of-day quote Pakistan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
925.6 PKR +1.22% Intraday chart for Pakistan Tobacco Company Limited -13.00% -18.13%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 740,932 623,545 411,253 305,977 246,276 288,856
Enterprise Value (EV) 1 732,448 621,726 406,262 299,628 226,967 259,782
P/E ratio 71.7 x 48.4 x 24.9 x 16.2 x 11.6 x 9.97 x
Yield 1.34% 2.01% 3.91% 6.68% 2.07% 2.83%
Capitalization / Revenue 14 x 12 x 6.75 x 4.08 x 2.6 x 2.63 x
EV / Revenue 13.8 x 12 x 6.67 x 4 x 2.39 x 2.36 x
EV / EBITDA 46.7 x 33.1 x 17.5 x 11.3 x 6.48 x 5.64 x
EV / FCF 68.3 x 127 x 25.2 x 15.8 x 8.97 x 18.2 x
FCF Yield 1.46% 0.79% 3.97% 6.33% 11.2% 5.49%
Price to Book 41.7 x 34.1 x 21.1 x 17 x 9.25 x 5.63 x
Nbr of stocks (in thousands) 255,494 255,494 255,494 255,494 255,494 255,494
Reference price 2 2,900 2,441 1,610 1,198 963.9 1,131
Announcement Date 3/29/19 4/16/20 3/29/21 3/29/22 4/11/23 3/28/24
1PKR in Million2PKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 53,112 51,975 60,891 74,988 94,862 109,933
EBITDA 1 15,671 18,810 23,190 26,623 35,006 46,099
EBIT 1 14,745 17,986 22,290 25,608 33,618 44,846
Operating Margin 27.76% 34.6% 36.61% 34.15% 35.44% 40.79%
Earnings before Tax (EBT) 1 15,280 18,285 22,388 26,207 34,734 50,012
Net income 1 10,338 12,889 16,492 18,862 21,321 28,960
Net margin 19.46% 24.8% 27.09% 25.15% 22.48% 26.34%
EPS 2 40.46 50.45 64.55 73.83 83.45 113.3
Free Cash Flow 1 10,724 4,911 16,110 18,964 25,315 14,274
FCF margin 20.19% 9.45% 26.46% 25.29% 26.69% 12.98%
FCF Conversion (EBITDA) 68.44% 26.11% 69.47% 71.23% 72.32% 30.96%
FCF Conversion (Net income) 103.74% 38.1% 97.68% 100.54% 118.73% 49.29%
Dividend per Share 2 39.00 49.00 63.00 80.00 20.00 32.00
Announcement Date 3/29/19 4/16/20 3/29/21 3/29/22 4/11/23 3/28/24
1PKR in Million2PKR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 8,484 1,819 4,991 6,348 19,309 29,075
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 10,724 4,911 16,110 18,964 25,315 14,274
ROE (net income / shareholders' equity) 59.6% 71.5% 87.3% 101% 95.6% 74.3%
ROA (Net income/ Total Assets) 25.4% 27.8% 32.6% 32.9% 34% 31%
Assets 1 40,714 46,374 50,575 57,372 62,618 93,322
Book Value Per Share 2 69.50 71.60 76.40 70.30 104.0 201.0
Cash Flow per Share 2 1.150 2.100 3.300 4.870 7.350 70.20
Capex 1 2,275 2,731 4,201 2,421 2,522 5,075
Capex / Sales 4.28% 5.25% 6.9% 3.23% 2.66% 4.62%
Announcement Date 3/29/19 4/16/20 3/29/21 3/29/22 4/11/23 3/28/24
1PKR in Million2PKR
Estimates
  1. Stock Market
  2. Equities
  3. PAKT Stock
  4. Financials Pakistan Tobacco Company Limited