Financials Pakistan International Container Terminal Limited

Equities

PICT

PK0079701014

Marine Port Services

End-of-day quote Pakistan S.E. 03:30:00 28/06/2024 am IST 5-day change 1st Jan Change
39.19 PKR +0.33% Intraday chart for Pakistan International Container Terminal Limited +0.44% -20.12%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 23,359 20,358 19,398 16,810 17,413 5,355
Enterprise Value (EV) 1 22,928 19,037 17,517 12,667 11,323 142.8
P/E ratio 10.9 x 9.52 x 7.26 x 4.96 x 6.38 x 2.97 x
Yield 8.22% 9.65% 14.4% 21.2% 13.2% 40.8%
Capitalization / Revenue 2.83 x 2.57 x 2.15 x 1.51 x 1.45 x 0.84 x
EV / Revenue 2.78 x 2.4 x 1.94 x 1.14 x 0.94 x 0.02 x
EV / EBITDA 5.86 x 5.3 x 4.1 x 2.39 x 2.1 x 0.05 x
EV / FCF 9.27 x 8.28 x 5.28 x 2.53 x 2.21 x 0.17 x
FCF Yield 10.8% 12.1% 18.9% 39.5% 45.3% 593%
Price to Book 10.2 x 7.16 x 7.9 x 6.17 x 8.03 x 3 x
Nbr of stocks (in thousands) 1,09,153 1,09,153 1,09,153 1,09,153 1,09,153 1,09,153
Reference price 2 214.0 186.5 177.7 154.0 159.5 49.06
Announcement Date 05/04/19 04/03/20 08/04/21 29/03/22 16/05/23 20/05/24
1PKR in Million2PKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 8,250 7,927 9,009 11,099 12,024 6,392
EBITDA 1 3,912 3,592 4,274 5,294 5,382 2,718
EBIT 1 3,272 2,940 3,585 4,584 4,535 2,035
Operating Margin 39.66% 37.09% 39.79% 41.3% 37.72% 31.84%
Earnings before Tax (EBT) 1 3,290 3,011 3,764 4,776 5,003 3,374
Net income 1 2,135 2,137 2,673 3,390 2,729 1,801
Net margin 25.88% 26.96% 29.66% 30.54% 22.7% 28.17%
EPS 2 19.56 19.58 24.48 31.05 25.01 16.50
Free Cash Flow 1 2,474 2,298 3,318 5,004 5,127 846.2
FCF margin 29.99% 28.99% 36.83% 45.08% 42.64% 13.24%
FCF Conversion (EBITDA) 63.24% 63.97% 77.64% 94.53% 95.25% 31.14%
FCF Conversion (Net income) 115.89% 107.52% 124.16% 147.62% 187.82% 47%
Dividend per Share 2 17.60 18.00 25.54 32.60 21.10 20.00
Announcement Date 05/04/19 04/03/20 08/04/21 29/03/22 16/05/23 20/05/24
1PKR in Million2PKR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 431 1,321 1,881 4,143 6,090 5,212
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 2,474 2,298 3,318 5,004 5,127 846
ROE (net income / shareholders' equity) 92% 83.1% 101% 131% 112% 91.1%
ROA (Net income/ Total Assets) 49% 41.9% 47.5% 49.1% 37.4% 17.7%
Assets 1 4,356 5,097 5,623 6,904 7,294 10,200
Book Value Per Share 2 21.10 26.10 22.50 25.00 19.90 16.40
Cash Flow per Share 2 3.900 12.10 17.20 37.90 55.50 47.50
Capex 1 290 257 127 298 383 58.5
Capex / Sales 3.52% 3.25% 1.41% 2.68% 3.18% 0.92%
Announcement Date 05/04/19 04/03/20 08/04/21 29/03/22 16/05/23 20/05/24
1PKR in Million2PKR
Estimates
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