Engro Fertilizers Ltd
Engro Fertilizers Ltd operates in Commodity Chemicals.
Engro Fertilizers Ltd (EFERT) - Net Assets
Latest net assets as of June 2024: PKRs35.96 Billion PKR
Based on the latest financial reports, Engro Fertilizers Ltd (EFERT) has net assets worth PKRs35.96 Billion PKR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (PKRs165.74 Billion) and total liabilities (PKRs129.77 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 | PKRs35.96 Billion |
| % of Total Assets | 21.7% |
| Annual Growth Rate | 2.02% |
| 5-Year Change | 10.68% |
| 10-Year Change | N/A |
| Growth Volatility | 4.94 |
Engro Fertilizers Ltd - Net Assets Trend (2016–2023)
This chart illustrates how Engro Fertilizers 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 Engro Fertilizers Ltd (2016–2023)
The table below shows the annual net assets of Engro Fertilizers Ltd from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | PKRs47.90 Billion | +6.32% |
| 2022-12-31 | PKRs45.05 Billion | -4.32% |
| 2021-12-31 | PKRs47.09 Billion | +0.76% |
| 2020-12-31 | PKRs46.73 Billion | +7.97% |
| 2019-12-31 | PKRs43.28 Billion | -4.93% |
| 2018-12-31 | PKRs45.52 Billion | +7.19% |
| 2017-12-31 | PKRs42.47 Billion | +1.97% |
| 2016-12-31 | PKRs41.65 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Engro Fertilizers 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 23.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | PKRs31.24 Billion | 65.21% |
| Other Components | PKRs16.66 Billion | 34.79% |
| Total Equity | PKRs47.90 Billion | 100.00% |
Engro Fertilizers Ltd Competitors by Market Cap
The table below lists competitors of Engro Fertilizers Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Quantum Energy Inc
PINK:QREE
|
$6.86K |
|
LAM THAO FERTI
VN:LAS
|
$6.86K |
|
ICBC-H
MU:ICK
|
$6.89K |
|
Momentous Holdings Corp
PINK:MMNT
|
$6.89K |
|
Goodbridge Capital Corp.
V:GODB-P
|
$6.85K |
|
EDID
VN:SED
|
$6.85K |
|
US AUTO PARTS NTWRK - Frankfurt Stock Exchang
F:ZZF
|
$6.85K |
|
Andros Pharmaceuticals Co.,Ltd
TWO:6917
|
$6.82K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Engro Fertilizers Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 45,053,428,000 to 47,902,755,000, a change of 2,849,327,000 (6.3%).
- Net income of 26,191,102,000 contributed positively to equity growth.
- Dividend payments of 23,368,651,000 reduced retained earnings.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | PKRs26.19 Billion | +54.68% |
| Dividends Paid | PKRs23.37 Billion | -48.78% |
| Other Changes | PKRs26.88 Million | +0.06% |
| Total Change | PKRs- | 6.32% |
Book Value vs Market Value Analysis
This analysis compares Engro Fertilizers 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: 5.67x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 6.40x to 5.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | PKRs31.81 | PKRs203.42 | x |
| 2018-12-31 | PKRs34.09 | PKRs203.42 | x |
| 2019-12-31 | PKRs32.41 | PKRs203.42 | x |
| 2020-12-31 | PKRs35.00 | PKRs203.42 | x |
| 2021-12-31 | PKRs35.26 | PKRs203.42 | x |
| 2022-12-31 | PKRs33.74 | PKRs203.42 | x |
| 2023-12-31 | PKRs35.87 | PKRs203.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Engro Fertilizers 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): 54.68%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.71%
- • Asset Turnover: 1.39x
- • Equity Multiplier: 3.36x
- Recent ROE (54.68%) is above the historical average (37.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 22.29% | 13.35% | 0.68x | 2.47x | PKRs5.12 Billion |
| 2017 | 26.27% | 14.46% | 0.69x | 2.63x | PKRs6.91 Billion |
| 2018 | 38.25% | 15.95% | 0.93x | 2.59x | PKRs12.86 Billion |
| 2019 | 38.98% | 13.90% | 0.96x | 2.94x | PKRs12.54 Billion |
| 2020 | 38.80% | 17.13% | 0.80x | 2.82x | PKRs13.46 Billion |
| 2021 | 44.80% | 15.94% | 1.00x | 2.82x | PKRs16.38 Billion |
| 2022 | 35.52% | 10.19% | 1.08x | 3.23x | PKRs11.50 Billion |
| 2023 | 54.68% | 11.71% | 1.39x | 3.36x | PKRs21.40 Billion |
Industry Comparison
This section compares Engro Fertilizers Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $89,365,239,571
- Average return on equity (ROE) among peers: 12.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Engro Fertilizers Ltd (EFERT) | PKRs35.96 Billion | 22.29% | 3.61x | $6.85K |
| Dawood Hercules Corporation Ltd (DAWH) | $208.04 Billion | 2.72% | 1.76x | $8.34K |
| Engro Corporation Ltd (ENGRO) | $242.80 Billion | 11.51% | 1.65x | $16.58K |
| Engro Polymer & Chemicals Ltd (EPCL) | $26.13 Billion | 21.93% | 1.64x | $1.08K |
| Fatima Fertilizer Company Ltd (FATIMA) | $65.64 Billion | 14.12% | 0.79x | $4.06K |
| Fauji Fertilizer Bin Qasim Ltd (FFBL) | $17.92 Billion | 5.19% | 4.76x | $3.02K |
| Fauji Fertilizer Company Ltd (FFC) | $51.88 Billion | 22.16% | 1.71x | $16.82K |
| Gatron Industries Ltd (GATI) | $13.14 Billion | 11.04% | 0.61x | $2.50K |