Financials Philip Morris (Pakistan) Limited

Equities

PMPK

PK0018201019

Tobacco

End-of-day quote Pakistan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
630.2 PKR -5.74% Intraday chart for Philip Morris (Pakistan) Limited -12.96% +13.76%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 210,783 153,888 90,981 50,619 34,793 34,112
Enterprise Value (EV) 1 207,818 154,915 86,034 42,883 25,788 25,407
P/E ratio 2,033 x -77.7 x 88.1 x 26.9 x 18.6 x 89.8 x
Yield - - 0.68% - 0.18% -
Capitalization / Revenue 13 x 11.5 x 5.48 x 2.9 x 1.75 x 1.87 x
EV / Revenue 12.8 x 11.6 x 5.18 x 2.46 x 1.3 x 1.39 x
EV / EBITDA 79.5 x 159 x 28.7 x 10.6 x 5.7 x 17 x
EV / FCF 60.1 x -56.3 x 12.5 x 22.6 x 19.6 x -65.8 x
FCF Yield 1.67% -1.78% 7.99% 4.43% 5.11% -1.52%
Price to Book 96.7 x 697 x 141 x 17.2 x 7.24 x 6.6 x
Nbr of stocks (in thousands) 61,580 61,580 61,580 61,580 61,580 61,580
Reference price 2 3,423 2,499 1,477 822.0 565.0 554.0
Announcement Date 3/20/19 3/27/20 3/29/21 3/25/22 4/6/23 4/4/24
1PKR in Million2PKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 16,200 13,334 16,596 17,459 19,839 18,220
EBITDA 1 2,613 973 2,997 4,030 4,524 1,499
EBIT 1 1,052 51.44 2,070 3,148 3,714 588.1
Operating Margin 6.5% 0.39% 12.48% 18.03% 18.72% 3.23%
Earnings before Tax (EBT) 1 616.9 -2,493 2,554 3,343 4,272 955.7
Net income 1 543.2 -1,980 1,765 2,307 2,810 379.8
Net margin 3.35% -14.85% 10.63% 13.21% 14.16% 2.08%
EPS 2 1.683 -32.15 16.76 30.57 30.33 6.168
Free Cash Flow 1 3,460 -2,754 6,875 1,902 1,317 -386.3
FCF margin 21.36% -20.65% 41.43% 10.89% 6.64% -2.12%
FCF Conversion (EBITDA) 132.45% - 229.36% 47.19% 29.11% -
FCF Conversion (Net income) 637.08% - 389.55% 82.44% 46.88% -
Dividend per Share - - 10.00 - 1.000 -
Announcement Date 3/20/19 3/27/20 3/29/21 3/25/22 4/6/23 4/4/24
1PKR in Million2PKR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - 1,027 - - - -
Net Cash position 1 2,965 - 4,947 7,736 9,005 8,706
Leverage (Debt/EBITDA) - 1.055 x - - - -
Free Cash Flow 1 3,460 -2,754 6,875 1,902 1,317 -386
ROE (net income / shareholders' equity) 4.26% -17% 16.2% 18.9% 19.6% 2.46%
ROA (Net income/ Total Assets) 3.81% 0.19% 7.28% 9.68% 9.65% 1.28%
Assets 1 14,272 -1,063,372 24,251 23,818 29,116 29,559
Book Value Per Share 2 35.40 3.590 10.40 47.80 78.00 83.90
Cash Flow per Share 2 48.20 5.360 87.40 130.0 119.0 147.0
Capex 1 1,286 1,650 568 687 946 1,138
Capex / Sales 7.94% 12.37% 3.42% 3.93% 4.77% 6.25%
Announcement Date 3/20/19 3/27/20 3/29/21 3/25/22 4/6/23 4/4/24
1PKR in Million2PKR
Estimates
  1. Stock Market
  2. Equities
  3. PMPK Stock
  4. Financials Philip Morris (Pakistan) Limited