Financials Pakistan Telecommunication Company Limited

Equities

PTC

PK0067901022

Integrated Telecommunications Services

End-of-day quote Pakistan S.E. 06:00:00 2024-07-07 pm EDT 5-day change 1st Jan Change
12.68 PKR +2.01% Intraday chart for Pakistan Telecommunication Company Limited +0.24% +3.68%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 49,011 47,736 46,410 44,370 31,110 62,373
Enterprise Value (EV) 1 55,881 86,677 74,336 91,216 83,927 180,192
P/E ratio 8.58 x 20.1 x 14.2 x 17.2 x -3.99 x -4.01 x
Yield 10.4% 10.7% - - - -
Capitalization / Revenue 0.39 x 0.37 x 0.36 x 0.32 x 0.21 x 0.33 x
EV / Revenue 0.44 x 0.67 x 0.57 x 0.66 x 0.55 x 0.96 x
EV / EBITDA 1.36 x 2.34 x 2.08 x 2.5 x 2.3 x 5.15 x
EV / FCF 7.75 x -14.6 x 7.33 x -7.09 x -98.7 x -2.57 x
FCF Yield 12.9% -6.86% 13.6% -14.1% -1.01% -38.9%
Price to Book 0.59 x 0.57 x 0.53 x 0.5 x 0.4 x 1.07 x
Nbr of stocks (in thousands) 5,100,000 5,100,000 5,100,000 5,100,000 5,100,000 5,100,000
Reference price 2 9.610 9.360 9.100 8.700 6.100 12.23
Announcement Date 4/3/19 4/30/20 2/18/21 4/11/22 4/10/23 5/6/24
1PKR in Million2PKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 126,160 129,543 129,422 137,625 151,644 188,075
EBITDA 1 41,030 37,101 35,655 36,426 36,535 34,997
EBIT 1 9,730 6,682 5,639 5,083 1,636 -1,376
Operating Margin 7.71% 5.16% 4.36% 3.69% 1.08% -0.73%
Earnings before Tax (EBT) 1 6,949 3,636 4,567 3,387 -12,422 -22,907
Net income 1 5,710 2,377 3,273 2,575 -7,789 -15,544
Net margin 4.53% 1.83% 2.53% 1.87% -5.14% -8.26%
EPS 2 1.120 0.4661 0.6417 0.5050 -1.527 -3.048
Free Cash Flow 1 7,214 -5,948 10,136 -12,860 -850.3 -70,051
FCF margin 5.72% -4.59% 7.83% -9.34% -0.56% -37.25%
FCF Conversion (EBITDA) 17.58% - 28.43% - - -
FCF Conversion (Net income) 126.34% - 309.71% - - -
Dividend per Share 2 1.000 1.000 - - - -
Announcement Date 4/3/19 4/30/20 2/18/21 4/11/22 4/10/23 5/6/24
1PKR in Million2PKR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 6,870 38,941 27,926 46,846 52,817 117,819
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.1674 x 1.05 x 0.7832 x 1.286 x 1.446 x 3.367 x
Free Cash Flow 1 7,214 -5,948 10,136 -12,860 -850 -70,051
ROE (net income / shareholders' equity) 6.73% 2.85% 3.84% 2.94% -9.42% -23.5%
ROA (Net income/ Total Assets) 1.98% 1.26% 0.96% 0.73% 0.18% -0.13%
Assets 1 288,311 189,395 342,257 353,551 -4,281,793 11,608,838
Book Value Per Share 2 16.30 16.40 17.10 17.30 15.10 11.40
Cash Flow per Share 2 1.800 1.410 2.450 2.790 3.240 3.950
Capex 1 36,931 40,218 30,825 38,578 54,032 57,693
Capex / Sales 29.27% 31.05% 23.82% 28.03% 35.63% 30.68%
Announcement Date 4/3/19 4/30/20 2/18/21 4/11/22 4/10/23 5/6/24
1PKR in Million2PKR
Estimates
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