MTL - Millat Tractors Ltd. - Analysis - 29/03/2013

Company	MTL	Symbol
Company Name	Millat Tractors Ltd.	Company Name
Sector	Engineering	Sector
Avg EPS	Rs 54.41	Average of past year end EPS's
Avg EPS FV	Rs 572.74	Fair Value (DCF) based on average of past year end EPS's
EPS	Rs 67.18	Last four quarters EPS
EPS FV	Rs 707.16	Fair Value (DCF) based on last four quarters EPS
Current Price	Rs 515.31	Last closing stock price
Updated	March 2013	Data Month/Year
Div	Rs 70.00	Total dividend paid during last four quarters
Div FV	Rs 736.84	Fair value (DD) based on total dividend paid during last four quarters
Avg Div	Rs 31.70	Average of yearly dividends paid (including currently paid ones)
Avg Div FV	Rs 333.68	Fair value (DD) based on Average of yearly dividends paid (including current)
Avg	Rs 324.10	Fair value (averaged of other fair value)
Upside	-37.11%	Upside potential (in percentage) based on the above Average.
Div Yield	13.58%	Dividend yield
Book Value	Rs 131.00	Book Value
FV FCF/S	Rs -304.55	Fair Value based on free cash flow per share
Outstanding Shares	40,265,947	Number of  Outstanding Shares
Current Assets	Rs 7,718.00	Currency in Millions of Pakistan Rupees
Total Liabilities	Rs 4,021.00	Currency in Millions of Pakistan Rupees
NCAV/S	Rs 91.81	Net Current Asset Value / Share
Total Assets	Rs 9,296.00	Currency in Millions of Pakistan Rupees
Quarter	December 2012	Data Quarter
CfO	Rs -1,062.00	CASH FROM OPERATIONS (Millions of Rs)
FCF/S	Rs -28.93	Free Cash Flow per Share
P/E	7.67	Price over earnings ratio
P/E Sector Avg	3.85	Sector Average P/E
P/B	3.93	Price over book value ratio
P/B Sector Avg	0.90	Sector Average P/B
PR	104.20	Payout Ratio (in %)
PR Sector Avg	26.13	Sector average Payout Ratio (in %)
D/E Ratio	104.20	Debt / Equite ratio (%)
Sector D/E Ratio	74.73	Sector Debt / Equity ratio (%)

MTL - Millat Tractors Ltd. - Analysis - 29/03/2013