Attock Cement Pakistan Ltd
Attock Cement Pakistan Ltd operates in Construction Materials.
Attock Cement Pakistan Ltd (ACPL) - Net Assets
Latest net assets as of March 2024: PKRs21.32 Billion PKR
Based on the latest financial reports, Attock Cement Pakistan Ltd (ACPL) has net assets worth PKRs21.32 Billion PKR as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (PKRs47.54 Billion) and total liabilities (PKRs26.21 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | PKRs21.32 Billion |
| % of Total Assets | 44.85% |
| Annual Growth Rate | 16.69% |
| 5-Year Change | 64.83% |
| 10-Year Change | N/A |
| Growth Volatility | 6.73 |
Attock Cement Pakistan Ltd - Net Assets Trend (2016–2023)
This chart illustrates how Attock Cement Pakistan Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Attock Cement Pakistan Ltd (2016–2023)
The table below shows the annual net assets of Attock Cement Pakistan Ltd from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | PKRs30.76 Billion | +23.31% |
| 2022-06-30 | PKRs24.95 Billion | +10.68% |
| 2021-06-30 | PKRs22.54 Billion | +7.23% |
| 2020-06-30 | PKRs21.02 Billion | +12.63% |
| 2019-06-30 | PKRs18.66 Billion | +16.38% |
| 2018-06-30 | PKRs16.04 Billion | +27.56% |
| 2017-06-30 | PKRs12.57 Billion | +20.34% |
| 2016-06-30 | PKRs10.45 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Attock Cement Pakistan Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 110.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | PKRs19.58 Billion | 76.84% |
| Other Components | PKRs5.90 Billion | 23.16% |
| Total Equity | PKRs25.49 Billion | 100.00% |
Attock Cement Pakistan Ltd Competitors by Market Cap
The table below lists competitors of Attock Cement Pakistan Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cabo Drilling Corp
PINK:CBEEF
|
$8.91K |
|
THC Therapeutics Inc
PINK:THCT
|
$8.92K |
|
Pender Street Capital Corp.
V:PCP-P
|
$8.92K |
|
NINE DRAGONS PAPER
MU:N3Y
|
$8.92K |
|
Fortune Valley Treasures Inc
PINK:FVTI
|
$8.90K |
|
Acmepoint Energy Services Co.,LTD
TWO:6692
|
$8.89K |
|
Alexandria New Medical Center
EGX:AMES
|
$8.88K |
|
ITV (IJ7.SG)
STU:IJ7
|
$8.88K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Attock Cement Pakistan Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 21,235,687,000 to 25,487,602,000, a change of 4,251,915,000 (20.0%).
- Net income of 1,869,578,000 contributed positively to equity growth.
- Dividend payments of 206,287,000 reduced retained earnings.
- Other factors increased equity by 2,588,624,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | PKRs1.87 Billion | +7.34% |
| Dividends Paid | PKRs206.29 Million | -0.81% |
| Other Changes | PKRs2.59 Billion | +10.16% |
| Total Change | PKRs- | 20.02% |
Book Value vs Market Value Analysis
This analysis compares Attock Cement Pakistan Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.43x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.05x to 1.43x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | PKRs86.93 | PKRs264.97 | x |
| 2018-06-30 | PKRs109.80 | PKRs264.97 | x |
| 2019-06-30 | PKRs123.38 | PKRs264.97 | x |
| 2020-06-30 | PKRs133.63 | PKRs264.97 | x |
| 2021-06-30 | PKRs142.21 | PKRs264.97 | x |
| 2022-06-30 | PKRs154.52 | PKRs264.97 | x |
| 2023-06-30 | PKRs185.46 | PKRs264.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Attock Cement Pakistan Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.34%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.18%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 2.25x
- Recent ROE (7.34%) is below the historical average (15.93%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 27.66% | 20.76% | 0.96x | 1.38x | PKRs1.85 Billion |
| 2017 | 25.40% | 20.59% | 0.69x | 1.79x | PKRs1.84 Billion |
| 2018 | 29.16% | 26.06% | 0.61x | 1.83x | PKRs2.89 Billion |
| 2019 | 12.23% | 9.98% | 0.69x | 1.77x | PKRs377.67 Million |
| 2020 | 10.80% | 8.28% | 0.75x | 1.75x | PKRs146.79 Million |
| 2021 | 9.57% | 6.33% | 0.77x | 1.96x | PKRs-84.01 Million |
| 2022 | 5.27% | 5.22% | 0.45x | 2.22x | PKRs-1.00 Billion |
| 2023 | 7.34% | 7.18% | 0.45x | 2.25x | PKRs-679.18 Million |
Industry Comparison
This section compares Attock Cement Pakistan Ltd's net assets metrics with peer companies in the Construction Materials industry.
Industry Context
- Industry: Construction Materials
- Average net assets among peers: $36,604,758,116
- Average return on equity (ROE) among peers: 15.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Attock Cement Pakistan Ltd (ACPL) | PKRs21.32 Billion | 27.66% | 1.23x | $8.90K |
| Bestway Cement Ltd (BWCL) | $63.06 Billion | 21.83% | 1.66x | $15.59K |
| Cherat Cement Company Ltd (CHCC) | $11.17 Billion | 19.08% | 1.73x | $8.16K |
| D G Khan Cement Company Ltd (DGKC) | $75.88 Billion | 5.17% | 0.90x | $5.31K |
| Fauji Cement Company Ltd (FCCL) | $73.40 Billion | 11.20% | 1.01x | $1.30K |
| Gharibwal Cement Ltd (GWLC) | $12.48 Billion | 5.90% | 0.86x | $1.40K |
| Kohat Cement Company Ltd (KOHC) | $13.77 Billion | 32.01% | 0.40x | $2.66K |
| Maple Leaf Cement Factory Ltd (MLCF) | $32.41 Billion | 7.59% | 1.06x | $2.72K |
| Pioneer Cement Ltd (PIOC) | $10.67 Billion | 23.61% | 0.38x | $7.89K |