ScoreWhy is Millat Tractors Ltd. ?
1
Strong Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 117.35%
- Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 30.38
2
With a fall in Net Profit of NAN%, the company declared Very Negative results in Mar 25
- NET SALES(Q) At PKR 12,579.51 has Fallen at -34.69%
- OPERATING CASH FLOW(Y) Lowest at PKR -2,751.79 MM
- NET PROFIT(9M) At PKR 5,011.22 MM has Grown at -35.67%
3
With ROE of 96.7, it has a expensive valuation with a 14.5 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 fallen by -26.3%
- At the current price, the company has a high dividend yield of 8
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Millat Tractors Ltd. should be less than 10%
- Overall Portfolio exposure to Automobiles should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Automobiles)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Millat Tractors Ltd. for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
Millat Tractors Ltd.
-100.0%
-0.41
34.20%
Pakistan KSE 100 Share
26.26%
2.81
22.77%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
10.31%
EBIT Growth (5y)
14.61%
EBIT to Interest (avg)
30.37
Debt to EBITDA (avg)
0.64
Net Debt to Equity (avg)
2.52
Sales to Capital Employed (avg)
3.39
Tax Ratio
29.82%
Dividend Payout Ratio
188.28%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
117.28%
ROE (avg)
88.41%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
16
Industry P/E
Price to Book Value
11.36
EV to EBIT
10.56
EV to EBITDA
10.30
EV to Capital Employed
5.13
EV to Sales
2.11
PEG Ratio
NA
Dividend Yield
11.59%
ROCE (Latest)
48.60%
ROE (Latest)
72.33%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
Bullish
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
No Trend
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend13What is working for the Company
OPERATING CASH FLOW(Y)
Highest at PKR 14,916.24 MM
INTEREST COVERAGE RATIO(Q)
The company hardly has any interest cost
RAW MATERIAL COST(Y)
Fallen by -34.88% (YoY
NET SALES(Q)
Highest at PKR 20,893.92 MM
OPERATING PROFIT(Q)
Highest at PKR 6,250.18 MM
OPERATING PROFIT MARGIN(Q)
Highest at 29.91 %
PRE-TAX PROFIT(Q)
Highest at PKR 5,393.15 MM
-5What is not working for the Company
NET SALES(9M)
At PKR 41,149.46 MM has Grown at -20.47%
ROCE(HY)
Lowest at 48.04%
INVENTORY TURNOVER RATIO(HY)
Lowest at 2.27 times
Here's what is working for Millat Tractors Ltd.
Net Sales
At PKR 20,893.92 MM has Grown at 59.68%
over average net sales of the previous four periods of PKR 13,084.94 MMMOJO Watch
Near term sales trend is very positive
Net Sales (PKR MM)
Pre-Tax Profit
At PKR 5,393.15 MM has Grown at 168.29%
over average net sales of the previous four periods of PKR 2,010.22 MMMOJO Watch
Near term Pre-Tax Profit trend is very positive
Pre-Tax Profit (PKR MM)
Operating Cash Flow
Highest at PKR 14,916.24 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (PKR MM)
Net Sales
Highest at PKR 20,893.92 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (PKR MM)
Operating Profit
Highest at PKR 6,250.18 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (PKR MM)
Operating Profit Margin
Highest at 29.91 %
in the last five periodsMOJO Watch
Company's profit margin has improved
Operating Profit to Sales
Pre-Tax Profit
Highest at PKR 5,393.15 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (PKR MM)
Raw Material Cost
Fallen by -34.88% (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 Millat Tractors Ltd.
Inventory Turnover Ratio
Lowest at 2.27 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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