Thursday, November 21, 2013

MTL - Millat Tractors Ltd. - Company Analysis - 21-11-2013

Company

MTL

Symbol

Company Name

Millat Tractors Ltd.                   

Company Name

Sector

Engineering

Sector

Avg EPS

Rs 54.25

Average of past year end EPS's

Sector Average

Rs 12.85

Sector average of the above

Avg EPS FV

Rs 403.63

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

EPS

Rs 49.12

Last four quarters EPS

Sector Average

Rs 10.46

Sector average of the above

EPS FV

Rs 365.48

Fair Value (DCF) based on last four quarters EPS

Current Price

Rs 479.58

Last closing stock price

Updated

November 2013

Data Month/Year

Div

Rs 55.00

Total dividend paid during last four quarters

Sector Average

Rs 8.56

Sector average of the above

Div FV

Rs 409.23

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

Avg Div

Rs 34.20

Average of yearly dividends paid (including currently paid ones)

Sector Average

Rs 6.26

Sector average of the above

Avg Div FV

Rs 254.46

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

Avg

Rs 247.52

Fair value (averaged of other fair values)

Upside

-48.39%

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

Div Yield

11.47%

Dividend yield

Sector Average

3.05%

Sector average of the above

Book Value

Rs 121.62

Book Value

Sector Average

Rs 86.17

Sector average of the above

FV FCF/S

Rs 318.16

Fair Value based on free cash flow per share

Outstanding Shares

44,292,541

Number of  Outstanding Shares

Current Assets

Rs 8,998.00

Currency in Millions of Pakistan Rupees

Total Liabilities

Rs 5,470.00

Currency in Millions of Pakistan Rupees

NCAV/S

Rs 79.65

Net Current Asset Value / Share

NNWC/S

Rs 27.92

Net Net Working Capital / Share

Total Assets

Rs 10,857.00

Currency in Millions of Pakistan Rupees

Quarter

June 2013

Financial Report Quarter

CfO

Rs 2,036.00

Cash from Operations (Millions of Rs)

FCF/S

Rs 42.76

Free Cash Flow per Share

FCF/S Sector Avg

-13.10

Sector Average FCF/S

P/FCF

11.22

Price over free cash flow

P/FCF Sector Avg

2.18

Sector Average P/FCF

P/E

9.76

Price over earnings ratio

P/E Sector Avg

10.13

Sector Average P/E

P/B

3.94

Price over book value ratio

P/B Sector Avg

1.12

Sector Average P/B

PR

111.97

Payout Ratio (in %)

PR Sector Avg

27.99

Sector average Payout Ratio (in %)

D/E Ratio

101.54

Debt / Equity ratio (%)

Sector D/E Ratio

85.65

Sector Debt / Equity ratio (%)

Price Performance

Last Trade Date

20/11/2013

Last Trade Price

Rs 479.58

3 Months Avg

Rs 496.08

6 Months Avg

Rs 513.04

9 Months Avg

Rs 514.61

12 Months Avg

Rs 530.95

Score

2

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

Buy Scale

3

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

 


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