ScoreWhy is Rafhan Maize Products Co. Ltd. ?
1
Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 31.06%
- Company has very low debt and has enough cash to service the debt requirements
2
With ROE of 26.4, it has a attractive valuation with a 3.1 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 24.1% ; the PEG ratio of the company is 0.5
- At the current price, the company has a high dividend yield of 4.1
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Rafhan Maize Products Co. Ltd. should be less than 10%
- Overall Portfolio exposure to FMCG should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in FMCG)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Rafhan Maize Products Co. Ltd. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Rafhan Maize Products Co. Ltd.
27.51%
1.26
23.26%
Pakistan KSE 100 Share
60.28%
2.81
22.77%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
15.93%
EBIT Growth (5y)
6.84%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.15
Sales to Capital Employed (avg)
2.16
Tax Ratio
37.39%
Dividend Payout Ratio
46.34%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
68.93%
ROE (avg)
31.06%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
12
Industry P/E
Price to Book Value
3.09
EV to EBIT
6.45
EV to EBITDA
6.11
EV to Capital Employed
3.47
EV to Sales
1.16
PEG Ratio
0.63
Dividend Yield
4.16%
ROCE (Latest)
53.79%
ROE (Latest)
26.50%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
No Trend
Mildly Bearish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend9What is working for the Company
OPERATING CASH FLOW(Y)
Highest at PKR 7,273.55 MM
PRE-TAX PROFIT(Q)
Highest at PKR 3,146.5 MM
RAW MATERIAL COST(Y)
Fallen by -0.21% (YoY
CASH AND EQV(HY)
Highest at PKR 27,387.83 MM
NET PROFIT(Q)
Highest at PKR 1,955.05 MM
EPS(Q)
Highest at PKR 211.67
-6What is not working for the Company
INTEREST(HY)
At PKR 480.92 MM has Grown at 55.89%
INTEREST COVERAGE RATIO(Q)
Lowest at 1,357.67
Here's what is working for Rafhan Maize Products Co. Ltd.
Operating Cash Flow
Highest at PKR 7,273.55 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)
Pre-Tax Profit
Highest at PKR 3,146.5 MM and Grown
In each period in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is very positive
Pre-Tax Profit (PKR MM)
Net Profit
Highest at PKR 1,955.05 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (PKR MM)
EPS
Highest at PKR 211.67
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (PKR)
Cash and Eqv
Highest at PKR 27,387.83 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Raw Material Cost
Fallen by -0.21% (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 Rafhan Maize Products Co. Ltd.
Interest Coverage Ratio
Lowest at 1,357.67
in the last five periodsMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Interest
At PKR 480.92 MM has Grown at 55.89%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (PKR MM)
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
GET THE MARKETSMOJO APP
Company
Stocks
Portfolio
"Investment in securities markets are subject to market risk. Read all the related documents carefully before investing."
