Financials Pakistan Telecommunication Company Limited

Equities

PTC

PK0067901022

Integrated Telecommunications Services

End-of-day quote Pakistan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
14.59 PKR -1.02% Intraday chart for Pakistan Telecommunication Company Limited -0.88% +19.30%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 66,555 49,011 47,736 46,410 44,370 31,110
Enterprise Value (EV) 1 72,926 55,881 86,677 74,336 91,216 83,927
P/E ratio 15.3 x 8.58 x 20.1 x 14.2 x 17.2 x -3.99 x
Yield 7.66% 10.4% 10.7% - - -
Capitalization / Revenue 0.57 x 0.39 x 0.37 x 0.36 x 0.32 x 0.21 x
EV / Revenue 0.62 x 0.44 x 0.67 x 0.57 x 0.66 x 0.55 x
EV / EBITDA 1.9 x 1.36 x 2.34 x 2.08 x 2.5 x 2.3 x
EV / FCF -6.92 x 7.75 x -14.6 x 7.33 x -7.09 x -98.7 x
FCF Yield -14.5% 12.9% -6.86% 13.6% -14.1% -1.01%
Price to Book 0.77 x 0.59 x 0.57 x 0.53 x 0.5 x 0.4 x
Nbr of stocks (in thousands) 5,100,000 5,100,000 5,100,000 5,100,000 5,100,000 5,100,000
Reference price 2 13.05 9.610 9.360 9.100 8.700 6.100
Announcement Date 4/12/18 4/3/19 4/30/20 2/18/21 4/11/22 4/10/23
1PKR in Million2PKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 117,027 126,160 129,543 129,422 137,625 151,644
EBITDA 1 38,426 41,030 37,101 35,655 36,426 36,535
EBIT 1 5,478 9,730 6,682 5,639 5,083 1,636
Operating Margin 4.68% 7.71% 5.16% 4.36% 3.69% 1.08%
Earnings before Tax (EBT) 1 6,422 6,949 3,636 4,567 3,387 -12,422
Net income 1 4,342 5,710 2,377 3,273 2,575 -7,789
Net margin 3.71% 4.53% 1.83% 2.53% 1.87% -5.14%
EPS 2 0.8514 1.120 0.4661 0.6417 0.5050 -1.527
Free Cash Flow 1 -10,539 7,214 -5,948 10,136 -12,860 -850.3
FCF margin -9.01% 5.72% -4.59% 7.83% -9.34% -0.56%
FCF Conversion (EBITDA) - 17.58% - 28.43% - -
FCF Conversion (Net income) - 126.34% - 309.71% - -
Dividend per Share 2 1.000 1.000 1.000 - - -
Announcement Date 4/12/18 4/3/19 4/30/20 2/18/21 4/11/22 4/10/23
1PKR in Million2PKR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 6,371 6,870 38,941 27,926 46,846 52,817
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.1658 x 0.1674 x 1.05 x 0.7832 x 1.286 x 1.446 x
Free Cash Flow 1 -10,539 7,214 -5,948 10,136 -12,860 -850
ROE (net income / shareholders' equity) 4.98% 6.73% 2.85% 3.84% 2.94% -9.42%
ROA (Net income/ Total Assets) 1.15% 1.98% 1.26% 0.96% 0.73% 0.18%
Assets 1 377,948 288,311 189,395 342,257 353,551 -4,281,793
Book Value Per Share 2 16.90 16.30 16.40 17.10 17.30 15.10
Cash Flow per Share 2 2.950 1.800 1.410 2.450 2.790 3.240
Capex 1 29,212 36,931 40,218 30,825 38,578 54,032
Capex / Sales 24.96% 29.27% 31.05% 23.82% 28.03% 35.63%
Announcement Date 4/12/18 4/3/19 4/30/20 2/18/21 4/11/22 4/10/23
1PKR in Million2PKR
Estimates
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