Why is Tariq Glass Industries Ltd. ?
1
High Management Efficiency with a high ROE of 22.66%
2
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 13.36
3
Healthy long term growth as Net Sales has grown by an annual rate of 17.00%
4
Positive results in Mar 25
- INTEREST COVERAGE RATIO(Q) The company hardly has any interest cost
- DIVIDEND PAYOUT RATIO(Y) Highest at 27.69%
- RAW MATERIAL COST(Y) Fallen by -19.16% (YoY)
5
With ROE of 20.2, it has a expensive valuation with a 1.8 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 15.8% ; the PEG ratio of the company is 0.6
How much should you hold?
- Overall Portfolio exposure to Tariq Glass Industries Ltd. should be less than 10%
- Overall Portfolio exposure to Packaging should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Packaging)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Tariq Glass Industries Ltd. for you?
Medium Risk, High Return
Absolute
Risk Adjusted
Volatility
Tariq Glass Industries Ltd.
-100.0%
2.81
41.91%
Pakistan KSE 100 Share
60.28%
2.81
22.77%
Quality key factors
Factor
Value
Sales Growth (5y)
19.35%
EBIT Growth (5y)
36.94%
EBIT to Interest (avg)
13.36
Debt to EBITDA (avg)
0.56
Net Debt to Equity (avg)
0.01
Sales to Capital Employed (avg)
1.37
Tax Ratio
39.02%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
31.71%
ROE (avg)
22.66%
Valuation Key Factors 
Factor
Value
P/E Ratio
8
Industry P/E
Price to Book Value
1.76
EV to EBIT
4.26
EV to EBITDA
3.78
EV to Capital Employed
1.77
EV to Sales
1.17
PEG Ratio
0.90
Dividend Yield
1.75%
ROCE (Latest)
41.49%
ROE (Latest)
21.31%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Bullish
Bullish
Technical Movement
6What is working for the Company
INTEREST COVERAGE RATIO(Q)
The company hardly has any interest cost
DIVIDEND PAYOUT RATIO(Y)
Highest at 27.69%
RAW MATERIAL COST(Y)
Fallen by -19.16% (YoY
DEBT-EQUITY RATIO
(HY)
Lowest at 1.07 %
DIVIDEND PER SHARE(HY)
Highest at PKR 9.93
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Here's what is working for Tariq Glass Industries Ltd.
Debt-Equity Ratio
Lowest at 1.07 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Dividend per share
Highest at PKR 9.93
in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (PKR)
Dividend Payout Ratio
Highest at 27.69%
in the last five yearsMOJO Watch
Company is distributing higher proportion of profits generated as dividend
DPR (%)
Raw Material Cost
Fallen by -19.16% (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
Depreciation
Highest at PKR 298.58 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (PKR MM)






