Comparison
Why is Bestway Cement Ltd. ?
1
The company has declared Positive results for the last 4 consecutive quarters
- OPERATING CASH FLOW(Y) Highest at PKR 38,264 MM
- ROCE(HY) Highest at 32.32%
- DEBTORS TURNOVER RATIO(HY) Highest at 57.31%
2
With ROE of 30.8, it has a very attractive valuation with a 3.5 Price to Book Value
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 0%, its profits have risen by 98.6% ; the PEG ratio of the company is 0.1
- At the current price, the company has a high dividend yield of 8
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 Bestway Cement Ltd. for you?
Low Risk, High Return
Absolute
Risk Adjusted
Volatility
Bestway Cement Ltd.
84.77%
3.07
30.19%
Pakistan KSE 100 Share
26.26%
2.81
22.77%
Quality key factors
Factor
Value
Sales Growth (5y)
22.20%
EBIT Growth (5y)
78.50%
EBIT to Interest (avg)
7.78
Debt to EBITDA (avg)
1.56
Net Debt to Equity (avg)
0.44
Sales to Capital Employed (avg)
0.75
Tax Ratio
48.96%
Dividend Payout Ratio
84.95%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
20.76%
ROE (avg)
19.16%
Valuation Key Factors 
Factor
Value
P/E Ratio
15
Industry P/E
Price to Book Value
2.89
EV to EBIT
12.86
EV to EBITDA
11.77
EV to Capital Employed
2.35
EV to Sales
3.87
PEG Ratio
0.20
Dividend Yield
5.48%
ROCE (Latest)
18.29%
ROE (Latest)
19.76%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bullish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bullish
Mildly Bullish
Technical Movement
9What is working for the Company
OPERATING CASH FLOW(Y)
Highest at PKR 33,774.24 MM
NET PROFIT(9M)
At PKR 17,892.46 MM has Grown at 61.98%
DEBT-EQUITY RATIO
(HY)
Lowest at 40.02 %
INVENTORY TURNOVER RATIO(HY)
Highest at 3.99 times
DIVIDEND PER SHARE(HY)
Highest at PKR 45.93
-1What is not working for the Company
RAW MATERIAL COST(Y)
Grown by 15.35% (YoY
Here's what is working for Bestway Cement Ltd.
Operating Cash Flow
Highest at PKR 33,774.24 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (PKR MM)
Debt-Equity Ratio
Lowest at 40.02 % and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Net Profit
At PKR 17,892.46 MM has Grown at 61.98%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is positive
Net Profit (PKR MM)
Inventory Turnover Ratio
Highest at 3.99 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Dividend per share
Highest at PKR 45.93
in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (PKR)
Depreciation
Highest at PKR 2,576.7 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (PKR MM)
Depreciation
At PKR 2,576.7 MM has Grown at 70.35%
period on period (QoQ)MOJO Watch
The expenditure on assets done by the company has gone into productive use which should positively reflect in the future sales
Depreciation (PKR MM)
Here's what is not working for Bestway Cement Ltd.
Raw Material Cost
Grown by 15.35% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin
Raw Material Cost as a percentage of Sales






