Attock Cement Pakistan Ltd. (ACPL) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Kohinoor Textile Mills Ltd.

Javedan Corp. Ltd.

Lucky Cement Ltd.

Maple Leaf Cement Factory Ltd.

D.G. Khan Cement Co. Ltd.

Cherat Cement Co. Ltd.

Fauji Cement Co. Ltd.

Bestway Cement Ltd.

Attock Cement Pakistan Ltd.

Kohat Cement Co. Ltd.

Pioneer Cement Ltd.

Why is Attock Cement Pakistan Ltd. ?

Poor Management Efficiency with a low ROE of 11.11%

The company has been able to generate a Return on Equity (avg) of 11.11% signifying low profitability per unit of shareholders funds

Low ability to service debt as the company has a high Debt to EBITDA ratio of 2.27 times

Low ability to service debt as the company has a high Debt to EBITDA ratio of 2.27 times
The company has been able to generate a Return on Equity (avg) of 11.11% signifying low profitability per unit of shareholders funds

Poor long term growth as Operating profit has grown by an annual rate -7.83% of over the last 5 years

The company has declared Negative results for the last 3 consecutive quarters

INTEREST(HY) At PKR 1,226.39 MM has Grown at 726.58%
NET PROFIT(9M) At PKR 1,309.63 MM has Grown at -40.97%
DEBTORS TURNOVER RATIO(HY) Lowest at 13.88%

With ROE of 11.9, it has a expensive valuation with a 1.9 Price to Book Value

The stock is trading at a fair value compared to its peers' average historical valuations
Over the past year, while the stock has generated a return of 0%, its profits have fallen by -5%

Real-Time Research Report

Verdict Report

How much should you sell?

All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Building Products)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Attock Cement Pakistan Ltd. for you?

High Risk, High Return

Absolute

Risk Adjusted

Volatility

Attock Cement Pakistan Ltd.

174.67%

3.63

55.13%

Pakistan KSE 100 Share

26.26%

2.81

22.77%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

9.12%

EBIT Growth (5y)

10.37%

EBIT to Interest (avg)

5.43

Debt to EBITDA (avg)

2.27

Net Debt to Equity (avg)

0.48

Sales to Capital Employed (avg)

0.91

Tax Ratio

32.31%

Dividend Payout Ratio

63.51%

Pledged Shares

Institutional Holding

ROCE (avg)

10.14%

ROE (avg)

11.11%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

1.80

EV to EBIT

15.31

EV to EBITDA

10.17

EV to Capital Employed

1.52

EV to Sales

1.57

PEG Ratio

Dividend Yield

2.72%

ROCE (Latest)

9.94%

ROE (Latest)

7.69%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

Mildly Bearish

RSI

No Signal

Bollinger Bands

Mildly Bearish

Mildly Bullish

Moving Averages

Bearish (Daily)

KST

Bearish

Mildly Bearish

Dow Theory

Mildly Bearish

OBV

No Trend

Mildly Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

13What is working for the Company

INTEREST COVERAGE RATIO(Q)

The company hardly has any interest cost

RAW MATERIAL COST(Y)

Fallen by -71.51% (YoY

DEBTORS TURNOVER RATIO(HY)

Highest at 26.95 times

NET SALES(Q)

Highest at PKR 10,543.45 MM

PRE-TAX PROFIT(Q)

At PKR 1,379.24 MM has Grown at 94.23%

NET PROFIT(Q)

Highest at PKR 834.7 MM

EPS(Q)

Highest at PKR 6.07

-7What is not working for the Company

INTEREST(HY)

At PKR 708.65 MM has Grown at 148.03%

Here's what is working for Attock Cement Pakistan Ltd.

Net Sales

Highest at PKR 10,543.45 MM

in the last five periods

MOJO Watch

Near term sales trend is positive

Net Sales (PKR MM)

Pre-Tax Profit

At PKR 1,379.24 MM has Grown at 94.23%

over average net sales of the previous four periods of PKR 710.09 MM

MOJO Watch

Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (PKR MM)

Net Profit

Highest at PKR 834.7 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is positive

Net Profit (PKR MM)

Net Profit

At PKR 834.7 MM has Grown at 92.87%

over average net sales of the previous four periods of PKR 432.77 MM

MOJO Watch

Near term Net Profit trend is positive

Net Profit (PKR MM)

EPS

Highest at PKR 6.07

in the last five periods

MOJO Watch

Increasing profitability; company has created higher earnings for shareholders

EPS (PKR)

Debtors Turnover Ratio

Highest at 26.95 times

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Raw Material Cost

Fallen by -71.51% (YoY)

MOJO Watch

The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin

Raw Material Cost as a percentage of Sales

Here's what is not working for Attock Cement Pakistan Ltd.

Interest

At PKR 708.65 MM has Grown at 148.03%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (PKR MM)