Ratio Analysis of Lucky Cement Limited 2019
Ratio Analysis of Lucky Cement Limited 2019
Ratio Analysis of Lucky Cement Limited 2019
Lucky Cement
Limited 2019
Waris Hussain
Syed Ali M. Zaidi
Mohammad Amir
Presented to: Sir Syed Salman Ahmed Sb
Agenda of the Presentation:
Profitability Ratios:
Market Value:
Listed Cement Companies at Pakistan Stock
Exchange
1.Attock Cement (Pakistan) Limited
2.Bestway Cement Limited
3.Cherat Cement Company Limited
4.D.G. Khan Cement Company Limited
5.Dadabhoy Cement Industries Limited
6.Dandot Cement Company Limited
7.Dewan Cement Limited
8.Fauji Cement Company Limited
9.Fecto Cement Limited
Flying Cement Company Limited
10.
Gharibwal Cement Limited
11.
Javedan Corporation Limited
12.
Javedan Corporation Limited (Pref Shares)
13.
Kohat Cement Limited
14.
Lucky Cement Limited
15.
Maple Leaf Cement Factory Limited
16.
Pioneer Cement Limited
17.
Power Cement Limited
18.
Safe Mix Concrete Limited
19.
Thatta Cement Company Limited
20.
Zeal Pak Cement Factory Limited
21.
Introduction of the Lucky
Cement Limited
Lucky Cement’s road to success
Lucky Cement’s performance 2019 at a glance
Figures are in PKR and expressed in ‘000’ except Current Share
Price.
Lucky Cement Industry Size Size % Lucky Industry
Current Assets 33,378,799.00 156,457,682.00 21.33% Liquidity Ratios:
Fixed Assets 91,710,415.00 549,635,188.00 16.69% Current Ratio 1.42 0.98
Total Assets 125,089,214.00 706,092,870.00 17.72% Quick Ratio 1.24 0.82
Current Liabilities 23,578,050.00 159,189,212.00 14.81% Asset Management Ratios:
Total Liabilities 30,770,797.00 291,276,272.00 10.56% Inventory Turn Over Ratio 8.00 8.64
Equity Common 94,318,417.00 393,893,359.00 23.95% Days Sales Outstanding 15.43 21.04
Inventories 4,253,020.00 26,674,683.00 15.94% Fixed Assets Turnover 0.52 0.54
CoGS 34,037,568.00 230,443,395.00 14.77% Total Assets Turnover 0.38 0.42
Receivables 2,058,719.00 17,299,849.00 11.90% Debt Management Ratios:
Annual Sales 48,021,399.00 295,964,303.00 16.23% Debt Ratio 0.25 0.41
Annual Sales/360 133,392.78 822,122.81 16.23% Profitability Ratios:
EBIT 12,221,215.00 52,165,628.00 23.43% Profit Margin 21.95% 12.98%
Interest Charges - 10,021,011.00 0.00% Gross Proft Margin 29.12% 22.14%
Net Income 10,538,595.00 38,416,086.00 27.43% ROA 8.42% 5.44%
Net Income for Ord.SH 10,490,229.00 35,639,505.00 29.43% ROE 11.12% 9.05%
No of C shares outstanding 323,375.00 6,466,851.27 5.00% Market Value:
Current Share Price 581.46 EPS 32.44 5.51
Market Captalization 188,029,627.50 477,974,635.42 39.34% P/E 17.92 13.41
BV Per Share 291.67 60.91
Market/BV 1.99 1.21
Liquidity Ratios:
•Current
Ratio= •Quick
Ratio =
== 1.42
== 1.24
(Industry Average is 0.98)
(Performance is High) (Industry Average is 0.82)
(Performance is High)
Asset Management Ratios:
• •
15.43 Days
8.00
(Industry Average is 21.043 days)
(Performance is Good) (Credit
(Industry Average is 8.64) policy is Tight)
(Performance better than industry)
Asset Management Ratios:
•0.524
•
=0.38
(Industry Average is 0.54)
(Performance is nearly same as the
industry) (Industry Average is 0.42)
(Performance is Low)(but this
figure is not realistic indicator)
Debt Management Ratios:
•Debt
Management Ratios
0.25
(Industry Average is 0.41)
(Performance is Good)
Profitability Ratios:
•21.95%
•29.12%
(Industry Average is 22.14%)
(Performance is Excellent)
(Industry Average is 12.98%)
(Performance isExcellent)
Profitability Ratios:
• •Return
on Common Equity (ROE)
8.42%
=11,327,770/125,270,456=11.12%
=17.92
(Industry Average is 5.51 )(Performance
is Excellent)
291.67