Pakistan Stocks: 2013-12-29

Thursday, January 2, 2014

NRL - National Refinery Ltd. - Company Analysis - 02-01-2014

Company	NRL	Symbol
Company Name	National Refinery Ltd.	Company Name
Sector	Oil and Gas	Sector
Avg EPS	Rs 50.01	Average of past year end EPS's
Sector Average	Rs 23.66	Sector average of the above
Avg EPS FV	Rs 372.06	Fair Value (DCF) based on average of past year-end EPS's
EPS	Rs 28.06	Last four quarters EPS
Sector Average	Rs 28.26	Sector average of the above
EPS FV	Rs 208.78	Fair Value (DCF) based on last four quarters EPS
Current Price	Rs 214.07	Last closing stock price
Updated	January 2014	Data Month/Year
Div	Rs 15.00	Total dividend paid during last four quarters
Sector Average	Rs 11.93	Sector average of the above
Div FV	Rs 111.61	Fair value (DD) based on total dividend paid during last four quarters
Avg Div	Rs 12.75	Average of yearly dividends paid (including currently paid ones)
Sector Average	Rs 9.95	Sector average of the above
Avg Div FV	Rs 94.87	Fair value (DD) based on Average of yearly dividends paid (including current)
Avg	Rs 185.84	Fair value (averaged of other fair values)
Upside	-13.19%	Upside potential (in percentage) based on the above Average.
Div Yield	7.01%	Dividend yield
Sector Average	4.09%	Sector average of the above
Book Value	Rs 325.50	Book Value
Sector Average	Rs 151.57	Sector average of the above
FV FCF/S	Rs 5.86	Fair Value based on free cash flow per share
Outstanding Shares	79,966,560	Number of Outstanding Shares
Current Assets	Rs 46,814.00	Currency in Millions of Pakistan Rupees
Total Liabilities	Rs 24,534.00	Currency in Millions of Pakistan Rupees
NCAV/S	Rs 278.62	Net Current Asset Value / Share
NNWC/S	Rs 89.47	Net Net Working Capital / Share
Total Assets	Rs 50,563.00	Currency in Millions of Pakistan Rupees
Quarter	September 2012	Financial Report Quarter
CfO	Rs 255.00	Cash from Operations (Millions of Rs)
FCF/S	Rs 0.79	Free Cash Flow per Share
FCF/S Sector Avg	53.01	Sector Average FCF/S
P/FCF	271.72	Price over free cash flow
P/FCF Sector Avg	33.25	Sector Average P/FCF
P/E	7.63	Price over earnings ratio
P/E Sector Avg	2.48	Sector Average P/E
P/B	0.66	Price over book value ratio
P/B Sector Avg	1.75	Sector Average P/B
PR	53.46	Payout Ratio (in %)
PR Sector Avg	38.15	Sector average Payout Ratio (in %)
D/E Ratio	94.26	Debt / Equity ratio (%)
Sector D/E Ratio	171.09	Sector Debt / Equity ratio (%)
Price Performance
Last Trade Date	30/12/2013
Last Trade Price	Rs 214.07
3 Months Avg	Rs 200.80
6 Months Avg	Rs 224.28
9 Months Avg	Rs 226.31
12 Months Avg	Rs 222.20
Score	2	cumulative +ve's, -ve's from above all
Buy Scale	1	Range -5 to +5 (based on 5 different complex analysis)

National Refin - FINANCIAL RESULT FOR THE FIRST QUARTER ENDED 30/09/2013

Company Date Time Announcement

National Refin 21OCT2013 12:35:16 EPS = 2.52

National Refin 21OCT2013 12:35:16 PROFIT/LOSS AFTER TAXATION RS. IN MILLION 201.778

National Refin 21OCT2013 12:35:16 PROFIT/LOSS BEFORE TAXATION RS. IN MILLION 421.494

National Refin 21OCT2013 12:35:16 FINANCIAL RESULT FOR THE FIRST QUARTER ENDED 30/09/2013

TDIL - TPL Direct Ins.Ltd - Company Analysis - 02-01-2014

Company	TDIL	Symbol
Company Name	TPL Direct Ins.Ltd	Company Name
Sector	Non Life Insurance	Sector
Avg EPS	Rs 0.87	Average of past year end EPS's
Sector Average	Rs 7.60	Sector average of the above
Avg EPS FV	Rs 6.44	Fair Value (DCF) based on average of past year-end EPS's
EPS	Rs 1.12	Last four quarters EPS
Sector Average	Rs 2.97	Sector average of the above
EPS FV	Rs 8.33	Fair Value (DCF) based on last four quarters EPS
Current Price	Rs 10.95	Last closing stock price
Updated	January 2014	Data Month/Year
Div	Rs 0.00	Total dividend paid during last four quarters
Sector Average	Rs 1.38	Sector average of the above
Div FV	Rs 0.00	Fair value (DD) based on total dividend paid during last four quarters
Avg Div	Rs 0.17	Average of yearly dividends paid (including currently paid ones)
Sector Average	Rs 1.10	Sector average of the above
Avg Div FV	Rs 1.24	Fair value (DD) based on Average of yearly dividends paid (including current)
Avg	Rs -0.02	Fair value (averaged of other fair values)
Upside	-100.21%	Upside potential (in percentage) based on the above Average.
Div Yield	0.00%	Dividend yield
Sector Average	#N/A	Sector average of the above
Book Value	Rs 9.30	Book Value
Sector Average	Rs 32.38	Sector average of the above
FV FCF/S	Rs 0.07	Fair Value based on free cash flow per share
Outstanding Shares	46,000,000	Number of Outstanding Shares
Current Assets	Rs 0.00	Currency in Millions of Pakistan Rupees
Total Liabilities	Rs 588.00	Currency in Millions of Pakistan Rupees
NCAV/S	Rs -12.78	Net Current Asset Value / Share
NNWC/S	Rs -12.78	Net Net Working Capital / Share
Total Assets	Rs 1,016.00	Currency in Millions of Pakistan Rupees
Quarter	September 2013	Financial Report Quarter
CfO	Rs 60.42	Cash from Operations (Millions of Rs)
FCF/S	Rs 0.01	Free Cash Flow per Share
FCF/S Sector Avg	1.25	Sector Average FCF/S
P/FCF	1,199.29	Price over free cash flow
P/FCF Sector Avg	87.43	Sector Average P/FCF
P/E	9.78	Price over earnings ratio
P/E Sector Avg	11.48	Sector Average P/E
P/B	1.18	Price over book value ratio
P/B Sector Avg	2.27	Sector Average P/B
PR	0.00	Payout Ratio (in %)
PR Sector Avg	2.91	Sector average Payout Ratio (in %)
D/E Ratio	137.38	Debt / Equity ratio (%)
Sector D/E Ratio	113.00	Sector Debt / Equity ratio (%)
Price Performance
Last Trade Date	27/12/2013
Last Trade Price	Rs 10.95
3 Months Avg	Rs 9.61
6 Months Avg	Rs 9.40
9 Months Avg	Rs 9.48
12 Months Avg	Rs 9.36
Score	-19	cumulative +ve's, -ve's from above all
Buy Scale	-3	Range -5 to +5 (based on 5 different complex analysis)

TPL Direct Insurance - FINANCIAL RESULT FOR THE NINE MONTHS ENDED 30/09/2013

Company Date Time Announcement

TPL Direct Insurance 21OCT2013 12:47:58 EPS = 0.87

TPL Direct Insurance 21OCT2013 12:47:58 PROFIT/LOSS AFTER TAXATION RS. IN MILLION 40.012

TPL Direct Insurance 21OCT2013 12:47:58 PROFIT/LOSS BEFORE TAXATION RS. IN MILLION 40.012

TPL Direct Insurance 21OCT2013 12:47:58 FINANCIAL RESULT FOR THE NINE MONTHS ENDED 30/09/2013

POL - Pakistan Oilfields Ltd. - Company Analysis - 02-01-2014

Company	POL	Symbol
Company Name	Pakistan Oilfields Ltd.	Company Name
Sector	Oil and Gas	Sector
Avg EPS	Rs 37.95	Average of past year end EPS's
Sector Average	Rs 23.66	Sector average of the above
Avg EPS FV	Rs 282.38	Fair Value (DCF) based on average of past year-end EPS's
EPS	Rs 50.18	Last four quarters EPS
Sector Average	Rs 28.26	Sector average of the above
EPS FV	Rs 373.36	Fair Value (DCF) based on last four quarters EPS
Current Price	Rs 499.37	Last closing stock price
Updated	January 2014	Data Month/Year
Div	Rs 45.00	Total dividend paid during last four quarters
Sector Average	Rs 11.93	Sector average of the above
Div FV	Rs 334.82	Fair value (DD) based on total dividend paid during last four quarters
Avg Div	Rs 21.45	Average of yearly dividends paid (including currently paid ones)
Sector Average	Rs 9.95	Sector average of the above
Avg Div FV	Rs 159.60	Fair value (DD) based on Average of yearly dividends paid (including current)
Avg	Rs 182.27	Fair value (averaged of other fair values)
Upside	-63.50%	Upside potential (in percentage) based on the above Average.
Div Yield	9.01%	Dividend yield
Sector Average	4.09%	Sector average of the above
Book Value	Rs 137.89	Book Value
Sector Average	Rs 151.57	Sector average of the above
FV FCF/S	Rs 239.62	Fair Value based on free cash flow per share
Outstanding Shares	236,545,920	Number of Outstanding Shares
Current Assets	Rs 20,154.00	Currency in Millions of Pakistan Rupees
Total Liabilities	Rs 26,646.00	Currency in Millions of Pakistan Rupees
NCAV/S	Rs -27.44	Net Current Asset Value / Share
NNWC/S	Rs -42.07	Net Net Working Capital / Share
Total Assets	Rs 59,264.00	Currency in Millions of Pakistan Rupees
Quarter	September 2013	Financial Report Quarter
CfO	Rs 14,977.00	Cash from Operations (Millions of Rs)
FCF/S	Rs 32.21	Free Cash Flow per Share
FCF/S Sector Avg	53.01	Sector Average FCF/S
P/FCF	15.51	Price over free cash flow
P/FCF Sector Avg	33.25	Sector Average P/FCF
P/E	9.95	Price over earnings ratio
P/E Sector Avg	2.48	Sector Average P/E
P/B	3.62	Price over book value ratio
P/B Sector Avg	1.75	Sector Average P/B
PR	89.68	Payout Ratio (in %)
PR Sector Avg	38.15	Sector average Payout Ratio (in %)
D/E Ratio	81.69	Debt / Equity ratio (%)
Sector D/E Ratio	171.09	Sector Debt / Equity ratio (%)
Price Performance
Last Trade Date	30/12/2013
Last Trade Price	Rs 499.37
3 Months Avg	Rs 471.31
6 Months Avg	Rs 487.92
9 Months Avg	Rs 487.38
12 Months Avg	Rs 479.76
Score	-10	cumulative +ve's, -ve's from above all
Buy Scale	-1	Range -5 to +5 (based on 5 different complex analysis)

Pak Oilfields - FINANCIAL RESULT FOR THE FIRST QUARTER ENDED 30/09/2013

Company Date Time Announcement

Pak Oilfields 22OCT2013 09:18:54 EPS = 15.25

Pak Oilfields 22OCT2013 09:18:54 PROFIT/LOSS AFTER TAXATION RS. IN MILLION 3,606.873

Pak Oilfields 22OCT2013 09:18:54 PROFIT/LOSS BEFORE TAXATION RS. IN MILLION 4,926.823

Pak Oilfields 22OCT2013 09:18:54 FINANCIAL RESULT FOR THE FIRST QUARTER ENDED 30/09/2013

EWIC - East West Insurance Co. Ltd. - Company Analysis - 02-01-2014

Company	EWIC	Symbol
Company Name	East West Insurance Co. Ltd.	Company Name
Sector	Non Life Insurance	Sector
Avg EPS	Rs 2.09	Average of past year end EPS's
Sector Average	Rs 7.60	Sector average of the above
Avg EPS FV	Rs 15.58	Fair Value (DCF) based on average of past year-end EPS's
EPS	Rs 2.17	Last four quarters EPS
Sector Average	Rs 2.97	Sector average of the above
EPS FV	Rs 16.15	Fair Value (DCF) based on last four quarters EPS
Current Price	Rs 203.07	Last closing stock price
Updated	January 2014	Data Month/Year
Div	Rs 1.00	Total dividend paid during last four quarters
Sector Average	Rs 1.38	Sector average of the above
Div FV	Rs 7.44	Fair value (DD) based on total dividend paid during last four quarters
Avg Div	Rs 0.36	Average of yearly dividends paid (including currently paid ones)
Sector Average	Rs 1.10	Sector average of the above
Avg Div FV	Rs 2.71	Fair value (DD) based on Average of yearly dividends paid (including current)
Avg	Rs 6.12	Fair value (averaged of other fair values)
Upside	-96.99%	Upside potential (in percentage) based on the above Average.
Div Yield	0.49%	Dividend yield
Sector Average	#N/A	Sector average of the above
Book Value	Rs 13.21	Book Value
Sector Average	Rs 32.38	Sector average of the above
FV FCF/S	Rs 15.86	Fair Value based on free cash flow per share
Outstanding Shares	36,500,234	Number of Outstanding Shares
Current Assets	Rs 0.00	Currency in Millions of Pakistan Rupees
Total Liabilities	Rs 401.00	Currency in Millions of Pakistan Rupees
NCAV/S	Rs -10.99	Net Current Asset Value / Share
NNWC/S	Rs -10.99	Net Net Working Capital / Share
Total Assets	Rs 883.00	Currency in Millions of Pakistan Rupees
Quarter	September 2013	Financial Report Quarter
CfO	Rs 92.00	Cash from Operations (Millions of Rs)
FCF/S	Rs 2.13	Free Cash Flow per Share
FCF/S Sector Avg	1.25	Sector Average FCF/S
P/FCF	95.30	Price over free cash flow
P/FCF Sector Avg	87.43	Sector Average P/FCF
P/E	93.58	Price over earnings ratio
P/E Sector Avg	11.48	Sector Average P/E
P/B	15.38	Price over book value ratio
P/B Sector Avg	2.27	Sector Average P/B
PR	46.08	Payout Ratio (in %)
PR Sector Avg	2.91	Sector average Payout Ratio (in %)
D/E Ratio	83.20	Debt / Equity ratio (%)
Sector D/E Ratio	113.00	Sector Debt / Equity ratio (%)
Price Performance
Last Trade Date	26/12/2012
Last Trade Price	Rs 203.07
3 Months Avg	Rs 0.00
6 Months Avg	Rs 0.00
9 Months Avg	Rs 0.00
12 Months Avg	Rs 0.00
Score	-17	cumulative +ve's, -ve's from above all
Buy Scale	-3	Range -5 to +5 (based on 5 different complex analysis)

Pages

Thursday, January 2, 2014