Friday, August 30, 2013

PGF - PICIC Growth Fund - Company Analysis - 30-08-2013

Company

PGF

Symbol

Company Name

PICIC Growth Fund

Company Name

Sector

Equity Investment Instruments

Sector

Avg EPS

Rs 3.77

Average of past year end EPS's

Sector Average

Rs 1.04

Sector average of the above

Avg EPS FV

Rs 30.81

Fair Value (DCF) based on average of past year end EPS's

EPS

Rs 3.70

Last four quarters EPS

Sector Average

Rs 1.78

Sector average of the above

EPS FV

Rs 30.23

Fair Value (DCF) based on last four quarters EPS

Current Price

Rs 26.98

Last closing stock price

Updated

May 2013

Data Month/Year

Div

Rs 1.75

Total dividend paid during last four quarters

Sector Average

Rs 1.09

Sector average of the above

Div FV

Rs 14.30

Fair value (DD) based on total dividend paid during last four quarters

Avg Div

Rs 3.44

Average of yearly dividends paid (including currently paid ones)

Sector Average

Rs 0.84

Sector average of the above

Avg Div FV

Rs 28.06

Fair value (DD) based on Average of yearly dividends paid (including current)

Avg

Rs 21.22

Fair value (averaged of other fair values)

Upside

-21.36%

Upside potential (in percentage) based on the above Average.

Div Yield

6.49%

Dividend yield

Sector Average

9.72%

Sector average of the above

Book Value

Rs 29.37

Book Value

Sector Average

Rs 11.68

Sector average of the above

FV FCF/S

Rs 14.49

Fair Value based on free cash flow per share

Outstanding Shares

283,500,000

Number of  Outstanding Shares

Current Assets

NA

Currency in Millions of Pakistan Rupees

Total Liabilities

Rs 217.29

Currency in Millions of Pakistan Rupees

NCAV/S

#VALUE!

Net Current Asset Value / Share

NNWC/S

Rs 1.26

Net Net Working Capital / Share

Total Assets

Rs 8,542.60

Currency in Millions of Pakistan Rupees

Quarter

March 2013

Data Quarter

CfO

Rs 502.70

CASH FROM OPERATIONS (Millions of Rs)

FCF/S

Rs 1.77

Free Cash Flow per Share

FCF/S Sector Avg

0.66

Sector Average FCF/S

P/E

7.29

Price over earnings ratio

P/E Sector Avg

8.32

Sector Average P/E

P/B

0.92

Price over book value ratio

P/B Sector Avg

-2.15

Sector Average P/B

PR

47.30

Payout Ratio (in %)

PR Sector Avg

224.57

Sector average Payout Ratio (in %)

D/E Ratio

2.61

Debt / Equite ratio (%)

Sector D/E Ratio

88.89

Sector Debt / Equity ratio (%)

Price Performance

Last Trade Date

27/08/2013

Last Trade Price

Rs 26.98

3 Months Avg

Rs 25.94

6 Months Avg

Rs 21.59

9 Months Avg

Rs 19.71

12 Months Avg

Rs 18.16

Score

1

cumulative +ve's, -ve's from above all

Buy Scale

-1

Range -5 to +5 (based on 5 different complex analysis)

 


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16 comments:

  1. Thanks for Pgf's analysis.

    Can you update your analysis of BIPL, JSCL, MQTM, REWM, NCL.

    Regards.

    ReplyDelete
    Replies
    1. JSCL latest analysis is located here;
      http://pakistan-stocks.blogspot.com/2013/08/jscl-jahangir-siddiqui-coltd-company.html

      Delete
    2. BIPL, has been posted here;
      http://pakistan-stocks.blogspot.com/2013/09/bipl-bankislami-pak-company-analysis-05.html

      Delete
  2. Hey,
    Didn't you get my comment which I made on Friday?

    ReplyDelete
    Replies
    1. I did! It is results season and I have to process the newly announced results too (for my own investment use as well as for publishing on this blog). And then there is work at office too (well I have to earn money from somewhere to invest in stocks, don't I). So all this been keeping me busy. So just wait a little, I'll get to your companies too , soon enough (if they already haven't been analyzed and published in the course of results being processed due to results season and all those incoming announcements). Just give me a little time, my good friend.
      Till then, happy weekend and a very pleasant day to you!

      Delete
  3. No worries, I can wait because waiting and watching seems to be the best option to me in this atrocity!

    ReplyDelete
    Replies
    1. By "atrocity" I am assuming you mean investing in stocks, if that is the case I totally agree with you, that waiting is a sane option, that is, long term investments.

      Delete
  4. Thank you for an update analysis on JSCL.

    Well, where do you seen this downfall would end? Where is the major Index support and would you advice investing a million as soon the market stops falling?

    ReplyDelete
    Replies

    1. You are most welcome.

      It did turn green (well at least on the date you put that question anyway).

      I don't do no technical analysis (and to tell you the truth, technical analysis appear nothing more than voodoo to me). So no support, resistance, bands and stuff. Markets have gone up, in the long run. So ,unless they are about to collapse permanently, they would take their bumps and dips and continue slowly inching upwards.

      Now that is a question that requires something that no one has. Information about future! If that money was mine, I would not just dump it all at once into the stock market. I would do my research and slowly, steadily, methodically and according to a plan, invest in stocks, small chunks, spread out over time, to avoid sudden surprises and room for self correction.
      To your investing success!

      Delete
  5. I agree wholeheartedly with you.

    In fact, I have always wished to adapt such technique of investing but unfortunately never been able to do so and I feel there is a reason behind that i.e. I can't get enough time to research and read, therefore, I depend mostly upon my broker's advice and it's needless to mention the caliber of such advices.


    ReplyDelete
    Replies
    1. Well brokers have two kinds of clients, small ones like us and the large ones like the listed companies and they try to please each one, in proportion to their profitability level for the broker and therefore the situation that you have mentioned above.

      Delete
  6. Replies
    1. Sally is here;
      http://pakistan-stocks.blogspot.com/2013/09/slyt-sally-textile-mills-ltd-company.html

      Delete
    2. You are so very much welcome, dear friend!

      Delete