MRNS - Mehran Sugar Mills Limited - Analysis - 26/03/2013

Company	MRNS	Symbol
Company Name	Mehran Sugar Mills Limited	Company Name
Sector	Food Producers	Sector
Avg EPS	Rs 9.80	Average of past year end EPS's
Avg EPS FV	Rs 103.20	Fair Value (DCF) based on average of past year end EPS's
EPS	Rs 16.83	Last four quarters EPS
EPS FV	Rs 177.16	Fair Value (DCF) based on last four quarters EPS
Current Price	Rs 52.40	Last closing stock price
Updated	March 2013	Data Month/Year
Div	Rs 2.50	Total dividend paid during last four quarters
Div FV	Rs 26.32	Fair value (DD) based on total dividend paid during last four quarters
Avg Div	Rs 1.55	Average of yearly dividends paid (including currently paid ones)
Avg Div FV	Rs 16.32	Fair value (DD) based on Average of yearly dividends paid (including current)
Avg	Rs 24.10	Fair value (averaged of other fair value)
Upside	-54.00%	Upside potential (in percentage) based on the above Average.
Div Yield	4.77%	Dividend yield
Book Value	Rs 49.78	Book Value
FV FCF/S	Rs -173.77	Fair Value based on free cash flow per share
Outstanding Shares	23,019,338	Number of  Outstanding Shares
Current Assets	Rs 1,796.00	Currency in Millions of Pakistan Rupees
Total Liabilities	Rs 2,493.00	Currency in Millions of Pakistan Rupees
NCAV/S	Rs -30.28	Net Current Asset Value / Share
Total Assets	Rs 3,639.00	Currency in Millions of Pakistan Rupees
Quarter	December 2012	Data Quarter
CfO	Rs -340.00	CASH FROM OPERATIONS (Millions of Rs)
FCF/S	Rs -16.51	Free Cash Flow per Share
P/E	3.11	Price over earnings ratio
P/E Sector Avg	9.22	Sector Average P/E
P/B	1.05	Price over book value ratio
P/B Sector Avg	6.04	Sector Average P/B
PR	14.85	Payout Ratio (in %)
PR Sector Avg	19.77	Sector average Payout Ratio (in %)
D/E Ratio	14.85	Debt / Equite ratio (%)
Sector D/E Ratio	395.76	Sector Debt / Equity ratio (%)

MRNS - Mehran Sugar Mills Limited - Analysis - 26/03/2013