Valuation Trust Modaraba

Stocks

End-of-day quote Pakistan S.E. Other stock markets 28/07/2026			5-day change	1st Jan Change
18.17 ^PKR	+9.99%		+20.01%	-3.66%

28/04	Trust Modaraba Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2026	CI
18/02	Trust Modaraba Appoints Wajid Sheikhani as CFO	CI

Data adjusted to current consolidation scope

Fiscal Period: June	2020	2021	2022	2023	2024	2025
Market Cap ¹	62.58	95.36	58.11	32.78	59.6	214.3
Change	-	52.38%	-39.06%	-43.59%	81.82%	259.5%
Enterprise Value (EV) ¹	36.37	63.91	24.91	4.232	36.19	200.9
Change	-	75.74%	-61.03%	-83.01%	755.07%	455.19%
P/E	36.1x	14.4x	5.11x	-448x	2.81x	11.7x
PBR	0.2x	0.3x	0.18x	0.1x	0.17x	0.61x
PEG	-	0x	0.1x	4x	-0x	-0.9x
Capitalization / Revenue	2.03x	2.64x	2.74x	0.86x	0.82x	3.08x
EV / Revenue	1.18x	1.77x	1.18x	0.11x	0.5x	2.89x
EV / EBITDA	-24.1x	317x	-0.87x	8.75x	1.25x	10.1x
EV / EBIT	-17.9x	-264x	-0.86x	-4.84x	1.31x	10.9x
EV / FCF	1.4x	2.14x	0.51x	0.07x	0.61x	-32.6x
FCF Yield	71.5%	46.7%	196%	1,520%	164%	-3.07%
Dividend per Share ²	-	-	-	-	0.5	-
Rate of return	-	-	-	-	25%	-
EPS ²	0.0581	0.2217	0.3814	-0.002453	0.7125	0.6171
Distribution rate	-	-	-	-	70.2%	-
Net sales ¹	30.87	36.09	21.18	38.23	72.87	69.6
EBITDA ¹	-1.508	0.2017	-28.54	0.4837	28.89	19.81
EBIT ¹	-2.03	-0.2421	-29.09	-0.8743	27.58	18.41
Net income ¹	1.732	6.607	11.37	-0.0731	21.23	18.39
Net Debt ¹	-26.21	-31.45	-33.2	-28.55	-23.41	-13.35
Reference price ²	2.10	3.20	1.95	1.10	2.00	7.19
Nbr of stocks (in thousands)	29,800	29,800	29,800	29,800	29,800	29,800
Announcement Date	28/09/20	21/09/21	06/10/22	15/09/23	23/09/24	01/10/25

¹PKR in Million²PKR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
TRUST MODARABA	-	-	-	-	17.73L
POWER FINANCE CORPORATION LIMITED	7.5x	-	-	4.02%	1.45TCr
MITSUBISHI HC CAPITAL INC.	12.77x	4.32x	15.24x	3.44%	1.29TCr
INDIAN RAILWAY FINANCE CORPORATION LIMITED	14.94x	-	-	3.29%	1.2TCr
REC LIMITED	5.86x	-	-	5.22%	1.01TCr
ELEMENT FLEET MANAGEMENT CORP.	17.86x	-	-	2.27%	881.67Cr
L&T FINANCE LIMITED	19.93x	15.11x	-	1.18%	812.97Cr
CHAILEASE HOLDING COMPANY LIMITED	9.84x	8.95x	19.13x	4.74%	635.13Cr
Average	12.67x	9.46x	17.18x	3.45%	909.64Cr
Weighted average by Cap.	12.28x	8.60x	16.52x	3.5%