Financials Millat Tractors Limited

Equities

MTL

PK0009801017

Heavy Machinery & Vehicles

End-of-day quote Pakistan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
608 PKR -1.63% Intraday chart for Millat Tractors Limited +2.10% +4.59%

Valuation

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 38,197 35,187 68,086 84,526 74,861 116,604 -
Enterprise Value (EV) 1 38,197 35,187 68,086 84,526 74,861 116,604 116,604
P/E ratio - - - - - - -
Yield 12.2% 7.08% 9.26% 7.45% - 7.9% 9.87%
Capitalization / Revenue 1.23 x 1.53 x 1.55 x 1.58 x 1.69 x 1.15 x 0.95 x
EV / Revenue 1.23 x 1.53 x 1.55 x 1.58 x 1.69 x 1.15 x 0.95 x
EV / EBITDA - - - 8,628,135 x - - -
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book - - - 12 x - - -
Nbr of stocks (in thousands) 191,798 191,798 215,773 191,798 191,798 191,798 -
Reference price 2 199.2 183.5 315.5 440.7 390.3 608.0 608.0
Announcement Date 9/5/19 9/16/20 9/17/21 8/29/22 9/25/23 - -
1PKR in Million2PKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025
Net sales 1 31,144 22,942 43,954 53,374 44,191 101,690 122,536
EBITDA - - - 9,797 - - -
EBIT - - 7,888 8,912 - - -
Operating Margin - - 17.95% 16.7% - - -
Earnings before Tax (EBT) - - - - - - -
Net income - - - - 3,378 - -
Net margin - - - - 7.64% - -
EPS - - - - - - -
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 24.25 12.99 29.23 32.83 - 48.00 60.00
Announcement Date 9/5/19 9/16/20 9/17/21 8/29/22 9/25/23 - -
1PKR in Million2PKR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June 2021 S1 2022 Q2 2022 S1 2022 Q3 2023 Q3 2024 Q1 2024 Q2 2024 S1
Net sales 1 18,796 14,654 24,592 13,769 16,922 20,761 23,933 44,694
EBITDA - - - - - - - -
EBIT 3,608 2,300 4,092 2,342 - - - -
Operating Margin 19.2% 15.69% 16.64% 17.01% - - - -
Earnings before Tax (EBT) - - - - - - - -
Net income - - - - - - - -
Net margin - - - - - - - -
EPS - - - - - 11.95 - -
Dividend per Share 2 12.99 15.78 15.78 - - - 25.00 25.00
Announcement Date 2/19/21 2/24/22 2/24/22 4/28/22 4/20/23 10/25/23 2/28/24 2/28/24
1PKR in Million2PKR
Estimates

Balance Sheet Analysis

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) - 48.3% 63.6% 76.8% - 85.9% 95%
ROA (Net income/ Total Assets) - 20.1% - 24.2% - - -
Assets - - - - - - -
Book Value Per Share - - - 36.80 - - -
Cash Flow per Share - - - - - - -
Capex - - - - - - -
Capex / Sales - - - - - - -
Announcement Date 9/5/19 9/16/20 9/17/21 8/29/22 9/25/23 - -
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Quarterly revenue - Rate of surprise

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