First Al-Noor Modaraba (PSX:FANM)

First Al-Noor Modaraba Statistics

Total Valuation

PSX:FANM has a market cap or net worth of PKR 206.28 million. The enterprise value is 28.79 million.

Market Cap	206.28M
Enterprise Value	28.79M

Important Dates

The last earnings date was Wednesday, September 24, 2025.

Earnings Date	Sep 24, 2025
Ex-Dividend Date	n/a

Share Statistics

PSX:FANM has 23.10 million shares outstanding. The number of shares has increased by 4.46% in one year.

Current Share Class	23.10M
Shares Outstanding	23.10M
Shares Change (YoY)	+4.46%
Shares Change (QoQ)	+19.97%
Owned by Insiders (%)	26.67%
Owned by Institutions (%)	n/a
Float	9.29M

Valuation Ratios

The trailing PE ratio is 89.30.

PE Ratio	89.30
Forward PE	n/a
PS Ratio	4.72
PB Ratio	0.80
P/TBV Ratio	0.80
P/FCF Ratio	5.26
P/OCF Ratio	5.14
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 3.65, with an EV/FCF ratio of 0.73.

EV / Earnings	11.93
EV / Sales	0.66
EV / EBITDA	3.65
EV / EBIT	3.94
EV / FCF	0.73

Financial Position

The company has a current ratio of 27.26

Current Ratio	27.26
Quick Ratio	19.25
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	364.42

Financial Efficiency

Return on equity (ROE) is 0.94% and return on invested capital (ROIC) is 1.74%.

Return on Equity (ROE)	0.94%
Return on Assets (ROA)	1.65%
Return on Invested Capital (ROIC)	1.74%
Return on Capital Employed (ROCE)	2.69%
Revenue Per Employee	4.85M
Profits Per Employee	268,119
Employee Count	9
Asset Turnover	0.16
Inventory Turnover	n/a

Taxes

In the past 12 months, PSX:FANM has paid 2.95 million in taxes.

Income Tax	2.95M
Effective Tax Rate	55.05%

Stock Price Statistics

The stock price has increased by +177.02% in the last 52 weeks. The beta is 0.56, so PSX:FANM's price volatility has been lower than the market average.

Beta (5Y)	0.56
52-Week Price Change	+177.02%
50-Day Moving Average	5.93
200-Day Moving Average	4.06
Relative Strength Index (RSI)	68.75
Average Volume (20 Days)	740,095

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, PSX:FANM had revenue of PKR 43.66 million and earned 2.41 million in profits. Earnings per share was 0.10.

Revenue	43.66M
Gross Profit	43.66M
Operating Income	7.16M
Pretax Income	5.37M
Net Income	2.41M
EBITDA	7.73M
EBIT	7.16M
Earnings Per Share (EPS)	0.10

Balance Sheet

The company has 177.49 million in cash and n/a in debt, giving a net cash position of 177.49 million or 7.68 per share.

Cash & Cash Equivalents	177.49M
Total Debt	n/a
Net Cash	177.49M
Net Cash Per Share	7.68
Equity (Book Value)	258.29M
Book Value Per Share	11.18
Working Capital	242.82M

Cash Flow

In the last 12 months, operating cash flow was 40.12 million and capital expenditures -911,571, giving a free cash flow of 39.21 million.

Operating Cash Flow	40.12M
Capital Expenditures	-911,571
Free Cash Flow	39.21M
FCF Per Share	1.70

Margins

Gross margin is 100.00%, with operating and profit margins of 16.40% and 5.53%.

Gross Margin	100.00%
Operating Margin	16.40%
Pretax Margin	12.29%
Profit Margin	5.53%
EBITDA Margin	17.70%
EBIT Margin	16.40%
FCF Margin	89.81%

Dividends & Yields

PSX:FANM does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-4.46%
Shareholder Yield	n/a
Earnings Yield	1.17%
FCF Yield	19.01%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on October 24, 2022. It was a forward split with a ratio of 1.1.

Last Split Date	Oct 24, 2022
Split Type	Forward
Split Ratio	1.1

Scores

PSX:FANM has an Altman Z-Score of 3.82 and a Piotroski F-Score of 6.

Altman Z-Score	3.82
Piotroski F-Score	6