Millat Tractors Limited (PSX:MTL)

Millat Tractors Statistics

Total Valuation

Millat Tractors has a market cap or net worth of PKR 113.27 billion. The enterprise value is 126.99 billion.

Market Cap	113.27B
Enterprise Value	126.99B

Important Dates

The last earnings date was Tuesday, September 9, 2025.

Earnings Date	Sep 9, 2025
Ex-Dividend Date	Oct 15, 2025

Share Statistics

Millat Tractors has 199.52 million shares outstanding. The number of shares has decreased by -4.37% in one year.

Current Share Class	199.52M
Shares Outstanding	199.52M
Shares Change (YoY)	-4.37%
Shares Change (QoQ)	+2.66%
Owned by Insiders (%)	27.40%
Owned by Institutions (%)	2.48%
Float	143.73M

Valuation Ratios

The trailing PE ratio is 17.91.

PE Ratio	17.91
Forward PE	n/a
PS Ratio	2.12
PB Ratio	12.21
P/TBV Ratio	13.01
P/FCF Ratio	38.65
P/OCF Ratio	33.40
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 12.09, with an EV/FCF ratio of 43.33.

EV / Earnings	19.97
EV / Sales	2.38
EV / EBITDA	12.09
EV / EBIT	12.31
EV / FCF	43.33

Financial Position

The company has a current ratio of 1.11, with a Debt / Equity ratio of 1.62.

Current Ratio	1.11
Quick Ratio	0.50
Debt / Equity	1.62
Debt / EBITDA	1.44
Debt / FCF	5.14
Interest Coverage	4.66

Financial Efficiency

Return on equity (ROE) is 58.84% and return on invested capital (ROIC) is 27.90%.

Return on Equity (ROE)	58.84%
Return on Assets (ROA)	18.36%
Return on Invested Capital (ROIC)	27.90%
Return on Capital Employed (ROCE)	94.66%
Revenue Per Employee	62.39M
Profits Per Employee	7.44M
Employee Count	855
Asset Turnover	1.52
Inventory Turnover	2.50

Taxes

In the past 12 months, Millat Tractors has paid 1.78 billion in taxes.

Income Tax	1.78B
Effective Tax Rate	21.97%

Stock Price Statistics

The stock price has increased by +3.09% in the last 52 weeks. The beta is 0.30, so Millat Tractors's price volatility has been lower than the market average.

Beta (5Y)	0.30
52-Week Price Change	+3.09%
50-Day Moving Average	569.66
200-Day Moving Average	601.61
Relative Strength Index (RSI)	47.55
Average Volume (20 Days)	105,737

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, Millat Tractors had revenue of PKR 53.35 billion and earned 6.36 billion in profits. Earnings per share was 31.70.

Revenue	53.35B
Gross Profit	14.41B
Operating Income	10.32B
Pretax Income	8.10B
Net Income	6.36B
EBITDA	10.50B
EBIT	10.32B
Earnings Per Share (EPS)	31.70

Balance Sheet

The company has 1.89 billion in cash and 15.08 billion in debt, giving a net cash position of -13.19 billion or -66.09 per share.

Cash & Cash Equivalents	1.89B
Total Debt	15.08B
Net Cash	-13.19B
Net Cash Per Share	-66.09
Equity (Book Value)	9.28B
Book Value Per Share	43.48
Working Capital	2.67B

Cash Flow

In the last 12 months, operating cash flow was 3.39 billion and capital expenditures -460.35 million, giving a free cash flow of 2.93 billion.

Operating Cash Flow	3.39B
Capital Expenditures	-460.35M
Free Cash Flow	2.93B
FCF Per Share	14.69

Margins

Gross margin is 27.01%, with operating and profit margins of 19.34% and 11.92%.

Gross Margin	27.01%
Operating Margin	19.34%
Pretax Margin	15.19%
Profit Margin	11.92%
EBITDA Margin	19.69%
EBIT Margin	19.34%
FCF Margin	5.49%

Dividends & Yields

This stock pays an annual dividend of 45.00, which amounts to a dividend yield of 7.95%.

Dividend Per Share	45.00
Dividend Yield	7.95%
Dividend Growth (YoY)	12.50%
Years of Dividend Growth	1
Payout Ratio	141.11%
Buyback Yield	4.37%
Shareholder Yield	12.32%
Earnings Yield	5.61%
FCF Yield	2.59%

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 June 22, 2023. It was a forward split with a ratio of 1.5.

Last Split Date	Jun 22, 2023
Split Type	Forward
Split Ratio	1.5

Scores

Altman Z-Score	n/a
Piotroski F-Score	5