Financials Mughal Iron & Steel Industries Limited

Equities

MUGHAL

PK0109901014

Iron & Steel

End-of-day quote Pakistan S.E. 03:30:00 09/05/2024 am IST 5-day change 1st Jan Change
71.06 PKR +0.55% Intraday chart for Mughal Iron & Steel Industries Limited +10.36% +7.37%

Valuation

Fiscal Period: Juni 2019 2020 2021 2022 2024 2025 2026
Capitalization 1 6,330 10,034 30,470 19,346 25,582 - -
Enterprise Value (EV) 1 6,330 22,757 30,470 19,346 25,582 25,582 25,582
P/E ratio 4.61 x 16.9 x 8.12 x 3.58 x - - -
Yield 4.77% - 2.87% 5.2% 3.28% 3.94% 5.58%
Capitalization / Revenue 0.21 x 0.37 x 0.68 x 0.29 x 0.34 x - -
EV / Revenue 0.21 x 0.37 x 0.68 x 0.29 x 0.34 x - -
EV / EBITDA 23,64,075 x 44,52,348 x 52,31,752 x 21,92,391 x - - -
EV / FCF -44,45,747 x - - - - - -
FCF Yield -0% - - - - - -
Price to Book 0.84 x 1.23 x 1.85 x 0.93 x 0.89 x 0.73 x 0.6 x
Nbr of stocks (in thousands) 2,89,340 2,89,340 3,35,634 3,35,634 3,35,634 - -
Reference price 2 21.88 34.68 90.78 57.64 76.22 76.22 76.22
Announcement Date 20/09/19 17/09/20 17/09/21 20/09/22 - - -
1PKR in Million2PKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Juni 2019 2020 2021 2022 2024 2025 2026
Net sales 1 30,828 27,305 44,972 66,153 74,400 - -
EBITDA 2,678 2,254 5,824 8,824 - - -
EBIT - 2,069 5,587 - - - -
Operating Margin - 7.58% 12.42% - - - -
Earnings before Tax (EBT) 1,737 553.7 4,161 - - - -
Net income 1,373 592.9 3,429 5,411 - - -
Net margin 4.45% 2.17% 7.63% 8.18% - - -
EPS 4.748 2.052 11.17 16.12 - - -
Free Cash Flow -1,424 - - - - - -
FCF margin -4.62% - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 1.043 - 2.609 3.000 2.500 3.000 4.250
Announcement Date 20/09/19 17/09/20 17/09/21 20/09/22 - - -
1PKR in Million2PKR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: Juni 2020 S1 2021 S1 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2024 Q1 2024 Q3
Net sales 1 14,079 - 15,154 14,023 18,059 32,082 15,139 18,931 14,073 17,167 17,239 21,032 22,825
EBITDA - - - - - - - - - - - - -
EBIT - - - - 2,655 5,107 1,489 - - - - - -
Operating Margin - - - - 14.7% 15.92% 9.83% - - - - - -
Earnings before Tax (EBT) 342.3 - - 2,006 1,994 4,001 - - 1,031 - - - -
Net income 366.5 - 920.8 1,688 1,843 3,531 - - 871.5 471.1 - - -
Net margin 2.6% - 6.08% 12.04% 10.2% 11.01% - - 6.19% 2.74% - - -
EPS 1.270 4.835 2.504 5.780 5.490 10.52 2.500 - 2.600 1.400 3.890 - -
Dividend per Share 2 - - - - 3.000 - - - - - - - -
Announcement Date 21/02/20 19/02/21 17/09/21 29/10/21 17/02/22 17/02/22 28/04/22 20/09/22 28/10/22 20/02/23 28/04/23 28/10/23 -
1PKR in Million2PKR
Estimates

Balance Sheet Analysis

Fiscal Period: Juni 2019 2020 2021 2022 2024 2025 2026
Net Debt - 12,723 - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - 5.646 x - - - - -
Free Cash Flow -1,424 - - - - - -
ROE (net income / shareholders' equity) 18.3% 7.57% 20.8% 26% 13% 19% 21%
ROA (Net income/ Total Assets) 6.84% 2.46% 10.2% 11.4% 6% 10% 13%
Assets 20,058 24,124 33,718 47,423 - - -
Book Value Per Share 1 25.90 28.20 49.20 62.10 86.00 104.0 127.0
Cash Flow per Share - - - - - - -
Capex - - - - - - -
Capex / Sales - - - - - - -
Announcement Date 20/09/19 17/09/20 17/09/21 20/09/22 - - -
1PKR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
76.22 PKR
Average target price
86.67 PKR
Spread / Average Target
+13.71%
Consensus
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  4. Financials Mughal Iron & Steel Industries Limited
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