Financials Lucky Cement Limited

Equities

LUCK

PK0071501016

Construction Materials

End-of-day quote Pakistan S.E. 03:30:00 28/06/2024 am IST 5-day change 1st Jan Change
906.7 PKR +0.42% Intraday chart for Lucky Cement Limited -1.17% +15.22%

Valuation

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,23,034 1,49,263 2,79,215 1,48,442 1,63,610 2,65,672 - -
Enterprise Value (EV) 1 1,23,034 2,32,372 3,76,904 1,48,442 1,63,610 2,65,672 2,65,672 2,65,672
P/E ratio 10.9 x 24.3 x 12.2 x 5.03 x 3.41 x 3.97 x 3.97 x 3.31 x
Yield 1.71% - - - 3.45% 2.12% 2.65% 2.81%
Capitalization / Revenue 1.14 x 1.21 x 1.35 x 0.45 x 0.36 x 0.65 x 0.54 x 0.49 x
EV / Revenue 1.14 x 1.21 x 1.35 x 0.45 x 0.36 x 0.65 x 0.54 x 0.49 x
EV / EBITDA 55,53,409 x 98,55,630 x 68,23,936 x - - - - -
EV / FCF - -3.08 x 40 x -11 x 4.88 x 2.68 x 2.58 x 2.72 x
FCF Yield - -32.5% 2.5% -9.11% 20.5% 37.3% 38.8% 36.7%
Price to Book 1.13 x 1.31 x 2.06 x 0.87 x 0.73 x 2.44 x 1.99 x 1.65 x
Nbr of stocks (in thousands) 3,23,375 3,23,375 3,23,375 3,23,375 3,13,375 2,93,000 - -
Reference price 2 380.5 461.6 863.4 459.0 522.1 906.7 906.7 906.7
Announcement Date 29/07/19 25/08/20 09/08/21 05/08/22 08/08/23 - - -
1PKR in Million2PKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,08,296 1,23,768 2,07,159 3,31,462 4,59,459 4,08,776 4,92,852 5,45,018
EBITDA 22,155 15,145 40,917 - - - - -
EBIT 1 - 7,087 32,014 - 77,295 1,00,146 1,03,205 1,08,545
Operating Margin - 5.73% 15.45% - 16.82% 24.5% 20.94% 19.92%
Earnings before Tax (EBT) 1 - 8,931 33,002 - 62,328 90,728 1,04,873 1,18,728
Net income 1 - 6,132 22,858 29,497 48,758 66,850 76,417 86,188
Net margin - 4.95% 11.03% 8.9% 10.61% 16.35% 15.51% 15.81%
EPS 2 35.03 18.96 70.69 91.22 153.0 228.2 228.3 273.8
Free Cash Flow 1 - -48,515 6,985 -13,522 33,528 99,003 1,03,091 97,496
FCF margin - -39.2% 3.37% -4.08% 7.3% 24.22% 20.92% 17.89%
FCF Conversion (EBITDA) - - 17.07% - - - - -
FCF Conversion (Net income) - - 30.56% - 68.76% 148.1% 134.91% 113.12%
Dividend per Share 2 6.500 - - - 18.00 19.20 24.00 25.50
Announcement Date 29/07/19 25/08/20 09/08/21 05/08/22 08/08/23 - - -
1PKR in Million2PKR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: Giugno 2021 S1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2024 Q1 2024 Q2 2024 S1 2024 Q3
Net sales - 68,398 1,23,380 - - 90,633 94,957 1,85,590 - - - - -
EBITDA - - - - - - - - - - - - -
EBIT - 8,962 16,781 - - - - - - - - - -
Operating Margin - 13.1% 13.6% - - - - - - - - - -
Earnings before Tax (EBT) - 9,922 20,517 - - 8,917 13,177 22,094 - - - - -
Net income - 6,496 13,147 7,572 - 5,449 10,464 15,913 - 17,706 17,633 - -
Net margin - 9.5% 10.66% - - 6.01% 11.02% 8.57% - - - - -
EPS 1 32.05 20.09 - 23.41 27.15 16.85 32.51 49.32 66.47 57.80 59.41 117.2 53.20
Dividend per Share - - - - - - - - - - - - -
Announcement Date 29/01/21 28/01/22 28/01/22 29/04/22 05/08/22 31/10/22 30/01/23 30/01/23 02/05/23 30/10/23 30/01/24 30/01/24 30/04/24
1PKR
Estimates

Balance Sheet Analysis

Fiscal Period: Giugno 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - 83,109 97,689 - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - 5.488 x 2.387 x - - - - -
Free Cash Flow 1 - -48,515 6,985 -13,522 33,528 99,003 1,03,091 97,496
ROE (net income / shareholders' equity) 11% 5.5% 18.3% 19.2% 24.5% 17.9% 23.1% 21.3%
ROA (Net income/ Total Assets) - - - - 8.77% 10% 10.9% 11%
Assets 1 - - - - 5,56,024 6,68,500 7,04,304 7,83,527
Book Value Per Share 2 337.0 352.0 419.0 528.0 714.0 371.0 456.0 550.0
Cash Flow per Share - - - - - - - -
Capex - 55,356 28,346 - - - - -
Capex / Sales - 44.73% 13.68% - - - - -
Announcement Date 29/07/19 25/08/20 09/08/21 05/08/22 08/08/23 - - -
1PKR in Million2PKR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
906.7 PKR
Average target price
1,074 PKR
Spread / Average Target
+18.48%
Consensus
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  4. Financials Lucky Cement Limited