Pakistan Tobacco Company Ltd
Pakistan Tobacco Company Ltd operates in Packaged Foods & Meats.
Pakistan Tobacco Company Ltd (PAKT) - Net Assets
Latest net assets as of June 2024: PKRs56.01 Billion PKR
Based on the latest financial reports, Pakistan Tobacco Company Ltd (PAKT) has net assets worth PKRs56.01 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 (PKRs104.89 Billion) and total liabilities (PKRs48.87 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 | PKRs56.01 Billion |
| % of Total Assets | 53.4% |
| Annual Growth Rate | 21.71% |
| 5-Year Change | 180.55% |
| 10-Year Change | N/A |
| Growth Volatility | 32.63 |
Pakistan Tobacco Company Ltd - Net Assets Trend (2016–2023)
This chart illustrates how Pakistan Tobacco Company 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 Pakistan Tobacco Company Ltd (2016–2023)
The table below shows the annual net assets of Pakistan Tobacco Company Ltd from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | PKRs51.32 Billion | +92.74% |
| 2022-12-31 | PKRs26.62 Billion | +48.13% |
| 2021-12-31 | PKRs17.97 Billion | -7.89% |
| 2020-12-31 | PKRs19.51 Billion | +6.68% |
| 2019-12-31 | PKRs18.29 Billion | +2.96% |
| 2018-12-31 | PKRs17.77 Billion | +5.05% |
| 2017-12-31 | PKRs16.91 Billion | +30.32% |
| 2016-12-31 | PKRs12.98 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pakistan Tobacco Company 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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | PKRs51.32 Billion | 100.00% |
| Total Equity | PKRs51.32 Billion | 100.00% |
Pakistan Tobacco Company Ltd Competitors by Market Cap
The table below lists competitors of Pakistan Tobacco Company Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Korea Cast Iron Pipe Industry Co. Ltd.
KQ:000970
|
$43.20K |
|
ZIJIN MINING -H- - Dusseldorf Stock Exchang
DU:FJZ
|
$43.20K |
|
Laserssel Co. Ltd.
KO:412350
|
$43.26K |
|
TEMPLE BAR INV.TR. LS-05
F:1N00
|
$43.27K |
|
TIMS3F
SA:TIMS3F
|
$43.04K |
|
TIM S.A.
SA:TIMS3
|
$42.98K |
|
Crixus BH3 Acquisition Company Warrants
PINK:BHACW
|
$42.97K |
|
ROBOSENSE TECHNOLOGY CO
NYSE:RBSTF
|
$42.94K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pakistan Tobacco Company Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 26,624,327,000 to 51,315,173,000, a change of 24,690,846,000 (92.7%).
- Net income of 28,959,663,000 contributed positively to equity growth.
- Dividend payments of 5,427,019,000 reduced retained earnings.
- Other factors increased equity by 1,158,202,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | PKRs28.96 Billion | +56.43% |
| Dividends Paid | PKRs5.43 Billion | -10.58% |
| Other Changes | PKRs1.16 Billion | +2.26% |
| Total Change | PKRs- | 92.74% |
Book Value vs Market Value Analysis
This analysis compares Pakistan Tobacco Company 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: 6.27x
- 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 19.02x to 6.27x 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 | PKRs66.19 | PKRs1259.02 | x |
| 2018-12-31 | PKRs69.53 | PKRs1259.02 | x |
| 2019-12-31 | PKRs71.59 | PKRs1259.02 | x |
| 2020-12-31 | PKRs76.37 | PKRs1259.02 | x |
| 2021-12-31 | PKRs70.35 | PKRs1259.02 | x |
| 2022-12-31 | PKRs104.21 | PKRs1259.02 | x |
| 2023-12-31 | PKRs200.85 | PKRs1259.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pakistan Tobacco Company 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): 56.43%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.34%
- • Asset Turnover: 1.00x
- • Equity Multiplier: 2.14x
- Recent ROE (56.43%) is below the historical average (73.89%), 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 | 79.85% | 23.09% | 1.77x | 1.96x | PKRs9.06 Billion |
| 2017 | 56.61% | 21.60% | 1.38x | 1.90x | PKRs7.88 Billion |
| 2018 | 58.19% | 19.46% | 1.31x | 2.28x | PKRs8.56 Billion |
| 2019 | 70.47% | 24.80% | 1.29x | 2.21x | PKRs11.06 Billion |
| 2020 | 84.52% | 27.09% | 1.35x | 2.31x | PKRs14.54 Billion |
| 2021 | 104.94% | 25.15% | 1.43x | 2.91x | PKRs17.06 Billion |
| 2022 | 80.08% | 22.48% | 1.33x | 2.67x | PKRs18.66 Billion |
| 2023 | 56.43% | 26.34% | 1.00x | 2.14x | PKRs23.83 Billion |
Industry Comparison
This section compares Pakistan Tobacco Company Ltd's net assets metrics with peer companies in the Food & Tobacco industry.
Industry Context
- Industry: Food & Tobacco
- Average net assets among peers: $7,012,277,538
- Average return on equity (ROE) among peers: 33.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pakistan Tobacco Company Ltd (PAKT) | PKRs56.01 Billion | 79.85% | 0.87x | $43.05K |
| Fauji Foods Ltd (FFL) | $2.14 Billion | -132.99% | 5.33x | $514.78 |
| JDW Sugar Mills Ltd (JDWS) | $19.17 Billion | 22.54% | 1.93x | $28.61K |
| National Foods Ltd (NATF) | $2.54 Billion | 31.34% | 1.65x | $11.60K |
| Nestle Pakistan Ltd (NESTLE) | $4.19 Billion | 212.02% | 13.53x | $276.34K |