ScoreWhy is Meezan Bank Ltd. ?
1
Weak Capital Buffers- the bank has a low Capital Adequacy Ratio of 10.45% signifying inadequate buffers against its risk based assets
- Weak Capital Buffers- the bank has a low Capital Adequacy Ratio of 10.45% signifying inadequate buffers against its risk based assets
- A high ratio signifies bank has weaker due diligence systems when giving out loans
2
Healthy long term growth as Net Interest Income (ex other income) has grown by an annual rate of 0% and Net profit at 45.80%
3
Flat results in Mar 25
- NII(Q) Lowest at PKR 61,839.65 MM
- NET SALES(Q) Lowest at PKR 107,677.1
- OPERATING PROFIT(Q) Lowest at PKR 48,934.95
4
With ROE of 40.7, it has a very attractive valuation with a 2.2 Price to Book Value
- The stock is trading at a discount 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 20% ; the PEG ratio of the company is 0.3
- At the current price, the company has a high dividend yield of 9
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Meezan Bank Ltd. should be less than 10%
- Overall Portfolio exposure to Major Banks should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Major Banks)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Meezan Bank Ltd. for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
Meezan Bank Ltd.
31.47%
1.13
32.86%
Pakistan KSE 100 Share
60.28%
2.81
22.77%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
39.20%
EBIT Growth (5y)
57.19%
EBIT to Interest (avg)
0
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
0
Dividend Payout Ratio
48.89%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
0
ROE (avg)
0
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
8
Industry P/E
Price to Book Value
3.02
EV to EBIT
5.01
EV to EBITDA
4.79
EV to Capital Employed
2.06
EV to Sales
2.15
PEG Ratio
0.40
Dividend Yield
4.63%
ROCE (Latest)
41.07%
ROE (Latest)
38.09%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
Bearish
Bollinger Bands
Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
Mildly Bearish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend4What is working for the Company
DIVIDEND PAYOUT RATIO(Y)
Highest at 51.28%
CASH AND EQV(HY)
Highest at PKR 543,626.1 MM
OPERATING PROFIT MARGIN(Q)
Highest at 52.94 %
-6What is not working for the Company
OPERATING CASH FLOW(Y)
Lowest at PKR -64,686.96 MM
NET SALES(Q)
Lowest at PKR 102,031.36 MM
CREDIT DEPOSIT RATIO(HY)
Lowest at 40.94%
Here's what is working for Meezan Bank Ltd.
Dividend Payout Ratio
Highest at 51.28% and Grown
In each year in the last five yearsMOJO Watch
Company is distributing higher proportion of profits generated as dividend
DPR (%)
Operating Profit Margin
Highest at 52.94 %
in the last five periodsMOJO Watch
Company's profit margin has improved
Operating Profit to Sales
Cash and Eqv
Highest at PKR 543,626.1 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Here's what is not working for Meezan Bank Ltd.
Net Sales
Lowest at PKR 102,031.36 MM and Fallen
In each period in the last five periodsMOJO Watch
Near term sales trend is very negative
Net Sales (PKR MM)
Operating Cash Flow
Lowest at PKR -64,686.96 MM
in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (PKR MM)
Net Sales
Fallen at -21.93%
Year on Year (YoY)MOJO Watch
Near term sales trend is negative
Net Sales (PKR MM)
Credit Deposit Ratio
Lowest at 40.94%
in the last four Semi-Annual periodsMOJO Watch
Bank has been creating proportionately lower loans against its deposits, thereby creating fewer revenue generating assets
Credit Deposit Ratio (%)
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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