Company Valuation: Ghandhara Tyre and Rubber Company Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2020 2021 2022 2023 2024 2025
Market Cap 1 7,255 10,709 4,147 2,489 5,007 4,913
Change - 47.61% -61.28% -39.99% 101.18% -1.88%
Enterprise Value (EV) 1 13,572 17,725 11,193 9,429 12,048 13,858
Change - 30.6% -36.85% -15.76% 27.78% 15.02%
P/E -21.8x 18.7x 11.6x -14.9x 21.9x -13.4x
PBR 2.46x 3.05x 1.08x 0.43x 0.84x 0.73x
PEG - -0x -0.3x 0x -0x 0x
Capitalization / Revenue 0.83x 0.77x 0.22x 0.17x 0.24x 0.28x
EV / Revenue 1.54x 1.27x 0.6x 0.63x 0.59x 0.78x
EV / EBITDA 15.8x 10.4x 5.68x 4.8x 4.55x 8.17x
EV / EBIT 33.2x 14.4x 7.53x 6.51x 5.68x 11.7x
EV / FCF 26.6x -16.7x -54.1x 9.16x -229x -12.6x
FCF Yield 3.76% -6% -1.85% 10.9% -0.44% -7.93%
Dividend per Share 2 0.5 - 3 - 1.87 -
Rate of return 0.84% - 8.82% - 4.55% -
EPS 2 -2.724 4.696 2.92 -1.373 1.879 -3.002
Distribution rate -18.4% - 103% - 99.5% -
Net sales 1 8,793 13,924 18,588 15,019 20,539 17,800
EBITDA 1 858.2 1,698 1,970 1,963 2,647 1,697
EBIT 1 408.7 1,233 1,487 1,449 2,122 1,181
Net income 1 -332.1 572.7 356.1 -167.4 229.1 -366.1
Net Debt 1 6,317 7,016 7,046 6,940 7,042 8,945
Reference price 2 59.50 87.83 34.01 20.41 41.06 40.29
Nbr of stocks (in thousands) 1,21,933 1,21,933 1,21,933 1,21,933 1,21,933 1,21,933
Announcement Date 05/10/20 05/10/21 05/10/22 06/10/23 04/10/24 04/10/25
1PKR in Million2PKR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 1.46Cr
13.84x1.19x5.19x4.03% 791.66Cr
23.99x1.64x11.63x0.17% 583.86Cr
6.02x0.52x3.13x4.24% 579.88Cr
25.6x3.21x14.66x0.91% 407.76Cr
22x1.21x7.9x3.64% 308.75Cr
16.02x0.91x7.07x1.49% 278.12Cr
14.5x0.96x7.32x2.68% 237.95Cr
9.23x - - 5.21% 214.39Cr
10.15x - - - 149.09Cr
Average 15.71x 1.38x 8.13x 2.8% 355.29Cr
Weighted average by Cap. 16.07x 1.37x 7.79x 2.77%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Stocks
  3. GTYR Stock
  4. Valuation Ghandhara Tyre and Rubber Company Limited