Comparison
Why is Image Pakistan Ltd. ?
1
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 10.08
2
Healthy long term growth as Net Sales has grown by an annual rate of 41.29% and Operating profit at 54.61%
3
Positive results in Mar 25
- NET PROFIT(HY) Higher at PKR 492.23 MM
- DIVIDEND PAYOUT RATIO(Y) Highest at 109.99%
- RAW MATERIAL COST(Y) Fallen by -6.74% (YoY)
4
With ROE of 15.1, it has a attractive valuation with a 1.1 Price to Book Value
- Over the past year, while the stock has generated a return of 0%, its profits have risen by 82.8% ; the PEG ratio of the company is 1.7
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 Garments & Apparels)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Image Pakistan Ltd. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Image Pakistan Ltd.
63.76%
1.46
51.90%
Pakistan KSE 100 Share
26.26%
2.81
22.77%
Quality key factors
Factor
Value
Sales Growth (5y)
38.05%
EBIT Growth (5y)
46.61%
EBIT to Interest (avg)
10.08
Debt to EBITDA (avg)
0.20
Net Debt to Equity (avg)
0.01
Sales to Capital Employed (avg)
333.35
Tax Ratio
25.04%
Dividend Payout Ratio
60.65%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
18.86%
ROE (avg)
14.63%
Valuation Key Factors 
Factor
Value
P/E Ratio
8
Industry P/E
Price to Book Value
1.42
EV to EBIT
5.84
EV to EBITDA
4.33
EV to Capital Employed
1.36
EV to Sales
1.48
PEG Ratio
0.09
Dividend Yield
NA
ROCE (Latest)
23.19%
ROE (Latest)
17.76%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Mildly Bearish
No Trend
Technical Movement
4What is working for the Company
OPERATING CASH FLOW(Y)
Highest at PKR 583.85 MM
OPERATING PROFIT MARGIN(Q)
Highest at 41.28 %
-9What is not working for the Company
INTEREST(HY)
At PKR 181.04 MM has Grown at 214.68%
RAW MATERIAL COST(Y)
Grown by 8.64% (YoY
DEBT-EQUITY RATIO
(HY)
Highest at 25.67 %
Here's what is working for Image Pakistan Ltd.
Operating Cash Flow
Highest at PKR 583.85 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (PKR MM)
Operating Profit Margin
Highest at 41.28 %
in the last five periodsMOJO Watch
Company's profit margin has improved
Operating Profit to Sales
Here's what is not working for Image Pakistan Ltd.
Interest
At PKR 181.04 MM has Grown at 214.68%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (PKR MM)
Debt-Equity Ratio
Highest at 25.67 %
in the last five Semi-Annual periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Raw Material Cost
Grown by 8.64% (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






