Financials Pakistan Paper Products Limited

Equities

PPP

PK0008401017

Paper Products

End-of-day quote Pakistan S.E. 18:00:00 2024-06-13 EDT 5-day change 1st Jan Change
73.43 PKR -2.78% Intraday chart for Pakistan Paper Products Limited +0.67% +34.76%

Valuation

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Capitalization 1 720.6 904 606.8 717.6 552 304
Enterprise Value (EV) 1 831.4 1,026 743.3 893.8 859.1 635.2
P/E ratio 14.4 x 50.3 x 39 x 10.2 x 8.94 x 3.41 x
Yield 2.09% 0.88% 1.65% 5.57% 3.62% 10.5%
Capitalization / Revenue 0.91 x 1.03 x 0.66 x 0.66 x 0.45 x 0.17 x
EV / Revenue 1.05 x 1.17 x 0.81 x 0.82 x 0.7 x 0.36 x
EV / EBITDA 7.35 x 12.3 x 9.74 x 6.19 x 5.37 x 2.45 x
EV / FCF -112 x 90.2 x -217 x -20.9 x -9.92 x -37.9 x
FCF Yield -0.89% 1.11% -0.46% -4.79% -10.1% -2.64%
Price to Book 1.13 x 0.95 x 0.64 x 0.72 x 0.54 x 0.27 x
Nbr of stocks (in thousands) 8,000 8,000 8,000 8,000 8,000 8,000
Reference price 2 90.08 113.0 75.85 89.70 69.00 38.00
Announcement Date 10/1/18 10/2/19 9/30/20 10/7/21 10/5/22 10/4/23
1PKR in Million2PKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net sales 1 788.2 875.4 913.3 1,093 1,234 1,746
EBITDA 1 113.1 83.07 76.28 144.4 160 258.8
EBIT 1 79.68 50.99 44.32 108 122 214.4
Operating Margin 10.11% 5.82% 4.85% 9.88% 9.88% 12.28%
Earnings before Tax (EBT) 1 64.46 23.97 21.62 97.01 90.43 132.6
Net income 1 50.07 17.97 15.57 70.57 61.74 89.03
Net margin 6.35% 2.05% 1.7% 6.46% 5% 5.1%
EPS 2 6.274 2.247 1.946 8.821 7.718 11.13
Free Cash Flow 1 -7.417 11.37 -3.425 -42.78 -86.59 -16.75
FCF margin -0.94% 1.3% -0.38% -3.91% -7.02% -0.96%
FCF Conversion (EBITDA) - 13.68% - - - -
FCF Conversion (Net income) - 63.24% - - - -
Dividend per Share 2 1.880 1.000 1.250 5.000 2.500 4.000
Announcement Date 10/1/18 10/2/19 9/30/20 10/7/21 10/5/22 10/4/23
1PKR in Million2PKR
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 111 122 137 176 307 331
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.9797 x 1.465 x 1.79 x 1.22 x 1.919 x 1.28 x
Free Cash Flow 1 -7.42 11.4 -3.43 -42.8 -86.6 -16.8
ROE (net income / shareholders' equity) 8.13% 2.27% 1.64% 7.22% 6.13% 8.38%
ROA (Net income/ Total Assets) 5.81% 3.03% 2.12% 4.87% 5.08% 7.98%
Assets 1 861.9 593.6 733.6 1,450 1,214 1,116
Book Value Per Share 2 79.50 118.0 119.0 125.0 127.0 138.0
Cash Flow per Share 2 0.6900 0.7100 0.5500 0.5900 0.7700 0.6400
Capex 1 17.6 7.01 74.7 15.1 130 15.8
Capex / Sales 2.23% 0.8% 8.18% 1.38% 10.56% 0.91%
Announcement Date 10/1/18 10/2/19 9/30/20 10/7/21 10/5/22 10/4/23
1PKR in Million2PKR
Estimates
  1. Stock Market
  2. Equities
  3. PPP Stock
  4. Financials Pakistan Paper Products Limited