First Punjab Modaraba Services Pvt Ltd. (FPJM) 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

First Capital Securities Corp. Ltd.

JS Investments Ltd.

Cyan Ltd.

First Punjab Modaraba Services Pvt Ltd.

Why is First Punjab Modaraba Services Pvt Ltd. ?

Weak Long Term Fundamental Strength as the company has not declared results in the last 6 months

Poor long term growth as Operating profit has grown by an annual rate of 12.03%

Risky - No result in last 6 months

The stock is trading risky as compared to its average historical valuations
Over the past year, while the stock has generated a return of 0%, its profits have fallen by -27%

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 Capital Markets)

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

Is First Punjab Modaraba Services Pvt Ltd. for you?

High Risk, High Return

Absolute

Risk Adjusted

Volatility

First Punjab Modaraba Services Pvt Ltd.

140.0%

1.27

90.31%

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)

10.20%

EBIT Growth (5y)

10.87%

EBIT to Interest (avg)

0.70

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

Tax Ratio

19.41%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

1,097.87%

ROE (avg)

0.91%

Valuation

Valuation Scorecard

Valuation grade scale :

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

Valuation Key Factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

Price to Book Value

-0.51

EV to EBIT

-1.70

EV to EBITDA

-1.41

EV to Capital Employed

0.41

EV to Sales

-0.98

PEG Ratio

Dividend Yield

ROCE (Latest)

-24.27%

ROE (Latest)

Negative BV

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

Bullish

RSI

Bullish

Bearish

Bollinger Bands

Bearish

Mildly Bullish

Moving Averages

Mildly Bullish (Daily)

KST

Bearish

Bullish

Dow Theory

No Trend

Mildly Bearish

OBV

Mildly Bullish

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

3What is working for the Company

NET PROFIT(HY)

Higher at PKR -78.01 MM

CASH AND EQV(HY)

Highest at PKR 867.4 MM

-22What is not working for the Company

NET PROFIT(HY)

At PKR -78.01 MM has Grown at -726.41%

OPERATING CASH FLOW(Y)

Lowest at PKR -191.49 MM

RAW MATERIAL COST(Y)

Grown by 8.7% (YoY

DEBT-EQUITY RATIO (HY)

Highest at -419.54 %

DEBTORS TURNOVER RATIO(HY)

Lowest at 0.4 times

NET SALES(Q)

Lowest at PKR 70.15 MM

Here's what is working for First Punjab Modaraba Services Pvt Ltd.

Net Profit

Higher at PKR -78.01 MM

than preceding 12 month period ended Sep 2025

MOJO Watch

In the half year the company has already crossed Net Profit of the previous twelve months

Net Profit (PKR MM)

Cash and Eqv

Highest at PKR 867.4 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Here's what is not working for First Punjab Modaraba Services Pvt Ltd.

Net Profit

At PKR -78.01 MM has Grown at -726.41%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is very negative

Net Profit (PKR MM)

Operating Cash Flow

Lowest at PKR -191.49 MM and Fallen

In each year in the last three years

MOJO Watch

The company's cash revenues from business operations are falling

Operating Cash Flows (PKR MM)

Net Sales

Lowest at PKR 70.15 MM

in the last five periods

MOJO Watch

Near term sales trend is negative

Net Sales (PKR MM)

Net Sales

At PKR 70.15 MM has Fallen at -18.57%

over average net sales of the previous four periods of PKR 86.15 MM

MOJO Watch

Near term sales trend is negative

Net Sales (PKR MM)

Debt-Equity Ratio

Highest at -419.54 %

in the last five Semi-Annual periods

MOJO Watch

The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio

Debtors Turnover Ratio

Lowest at 0.4 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling Debtors has slowed

Debtors Turnover Ratio

Raw Material Cost

Grown by 8.7% (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