Waves Corporation Limited (PSX:WAVES)

Waves Corporation Statistics

Total Valuation

PSX:WAVES has a market cap or net worth of PKR 3.01 billion. The enterprise value is 13.97 billion.

Market Cap	3.01B
Enterprise Value	13.97B

Important Dates

The next estimated earnings date is Friday, August 28, 2026.

Earnings Date	Aug 28, 2026
Ex-Dividend Date	n/a

Share Statistics

PSX:WAVES has 281.41 million shares outstanding. The number of shares has decreased by -5.76% in one year.

Current Share Class	281.41M
Shares Outstanding	281.41M
Shares Change (YoY)	-5.76%
Shares Change (QoQ)	-21.94%
Owned by Insiders (%)	41.66%
Owned by Institutions (%)	0.00%
Float	146.47M

Valuation Ratios

The trailing PE ratio is 6.83.

PE Ratio	6.83
Forward PE	n/a
PS Ratio	0.63
PB Ratio	0.22
P/TBV Ratio	0.40
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 16.05, with an EV/FCF ratio of -92.78.

EV / Earnings	31.92
EV / Sales	2.92
EV / EBITDA	16.05
EV / EBIT	27.23
EV / FCF	-92.78

Financial Position

The company has a current ratio of 1.70, with a Debt / Equity ratio of 0.59.

Current Ratio	1.70
Quick Ratio	1.16
Debt / Equity	0.59
Debt / EBITDA	9.30
Debt / FCF	-53.75
Interest Coverage	17.08

Financial Efficiency

Return on equity (ROE) is 3.98% and return on invested capital (ROIC) is 2.42%.

Return on Equity (ROE)	3.98%
Return on Assets (ROA)	1.28%
Return on Invested Capital (ROIC)	2.42%
Return on Capital Employed (ROCE)	2.59%
Weighted Average Cost of Capital (WACC)	2.28%
Revenue Per Employee	5.66M
Profits Per Employee	518,084
Employee Count	845
Asset Turnover	0.19
Inventory Turnover	1.42

Taxes

Income Tax	-93.95M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +43.30% in the last 52 weeks. The beta is 0.61, so PSX:WAVES's price volatility has been lower than the market average.

Beta (5Y)	0.61
52-Week Price Change	+43.30%
50-Day Moving Average	10.06
200-Day Moving Average	11.87
Relative Strength Index (RSI)	55.51
Average Volume (20 Days)	3,281,067

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:WAVES had revenue of PKR 4.79 billion and earned 437.78 million in profits. Earnings per share was 1.56.

Revenue	4.79B
Gross Profit	1.34B
Operating Income	513.23M
Pretax Income	442.32M
Net Income	437.78M
EBITDA	861.52M
EBIT	513.23M
Earnings Per Share (EPS)	1.56

Balance Sheet

The company has 595.03 million in cash and 8.10 billion in debt, with a net cash position of -7.50 billion or -26.65 per share.

Cash & Cash Equivalents	595.03M
Total Debt	8.10B
Net Cash	-7.50B
Net Cash Per Share	-26.65
Equity (Book Value)	13.77B
Book Value Per Share	46.93
Working Capital	4.04B

Cash Flow

In the last 12 months, operating cash flow was -67.51 million and capital expenditures -83.10 million, giving a free cash flow of -150.61 million.

Operating Cash Flow	-67.51M
Capital Expenditures	-83.10M
Depreciation & Amortization	348.29M
Net Borrowing	195.18M
Free Cash Flow	-150.61M
FCF Per Share	-0.54

Margins

Gross margin is 27.95%, with operating and profit margins of 10.72% and 9.15%.

Gross Margin	27.95%
Operating Margin	10.72%
Pretax Margin	9.24%
Profit Margin	9.15%
EBITDA Margin	18.00%
EBIT Margin	10.72%
FCF Margin	n/a

Dividends & Yields

PSX:WAVES 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	5.76%
Shareholder Yield	5.76%
Earnings Yield	14.55%
FCF Yield	-5.01%

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 3, 2019. It was a forward split with a ratio of 1.15.

Last Split Date	Oct 3, 2019
Split Type	Forward
Split Ratio	1.15

Scores

Altman Z-Score	n/a
Piotroski F-Score	4