Al-Mal Securities & Services Limited (AMSL) financial ratios

Al-Mal Securities & Services Limited earned a net margin of 58.0% in FY2008 against a five-year average of -609.9% (Inv. Banks / Inv. Cos. / Securities Cos. median 35.1%). Return on equity was 12.6%, compared with a sector median of 18.1%. The current ratio stood at 2.54× and debt was 13.5% of equity. Cash took about 356 days to cycle through receivables, inventory and payables.

FY2008 vs the Inv. Banks / Inv. Cos. / Securities Cos. median

Net margin: 58.0%; Sector median 35.1%
Return on equity (ROE): 12.6%; Sector median 18.1%
Return on assets (ROA): 9.9%; Sector median 7.8%
Debt to equity: 13.5%; Sector median 30.4%
Dividend payout ratio: 0.0%; Sector median 0.0%

Median of the 34 companies in the sector with the figure for their latest fiscal year.

AMSL financial ratios (annual) (Rs mn)
Rs mn	FY2008 * Jul 2007 – Jun 2008	FY2007 Jul 2006 – Jun 2007	FY2006 Jul 2005 – Jun 2006	FY2005 Jul 2004 – Jun 2005	FY2004 Jul 2003 – Jun 2004	FY2003 Jul 2002 – Jun 2003	FY2002 Jul 2001 – Jun 2002	FY2001 Jul 2000 – Jun 2001	FY2000 Jul 1999 – Jun 2000	FY1999 Jul 1998 – Jun 1999	FY1998 Jul 1997 – Jun 1998
Profitability
Pre-tax margin	60.2%	(29.5%)	(104.0%)	(2,144.5%)	—	59.6%	21.9%	9.2%	57.4%	27.1%	(290.1%)
Net margin	58.0%	(33.8%)	(129.0%)	(2,334.9%)	—	51.4%	31.3%	8.1%	56.7%	26.5%	(290.1%)
Effective tax rate	3.5%	—	—	—	—	13.8%	(43.0%)	11.2%	1.2%	2.5%	—
Returns
Return on equity (ROE)	12.6%	(4.2%)	(5.3%)	(17.3%)	(59.3%)	22.1%	4.9%	1.8%	21.9%	6.8%	—
Return on assets (ROA)	9.9%	(3.1%)	(3.8%)	(12.0%)	(42.2%)	15.9%	3.6%	1.4%	16.0%	5.5%	—
Leverage
Debt to equity	13.5%	21.5%	31.8%	26.0%	27.3%	0.0%	—	—	—	—	—
Debt to capital	11.9%	17.7%	24.1%	20.6%	21.4%	0.0%	—	—	—	—	—
Debt to assets	10.7%	16.4%	22.0%	18.5%	17.4%	0.0%	—	—	—	—	—
Assets to equity	1.28×	1.37×	1.43×	1.44×	1.41×	1.39×	1.37×	1.32×	1.37×	1.24×	—
Dividends
Dividend payout ratio	0.0%	—	—	—	—	0.0%	0.0%	0.0%	54.7%	0.0%	—
Earnings retention rate	1.00×	—	—	—	—	1.00×	1.00×	1.00×	0.45×	1.00×	—

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

AMSL: frequently asked questions

What is AMSL's EPS?

Al-Mal Securities & Services Limited reported basic earnings per share of Rs 3.56 for FY2008 (Jul 2007 – Jun 2008). Over the trailing twelve months (TTM to Mar 2009) EPS was Rs 1.87.

What is AMSL's P/E ratio?

At the closing price of Rs 0.62 on 16 Nov 2009, AMSL trades at a P/E of 0.3× based on EPS of Rs 1.87 (TTM to Mar 2009).

Does AMSL pay dividends?

Al-Mal Securities & Services Limited did not declare a cash dividend for FY2008.

What was AMSL's revenue and profit in FY2008?

Al-Mal Securities & Services Limited reported revenue of Rs 30.7 mn and profit attributable to shareholders of Rs 17.8 mn for FY2008 (Jul 2007 – Jun 2008).

What is AMSL's book value per share?

Al-Mal Securities & Services Limited's book value per share was Rs 34.68 at the end of FY2008. The shares trade at 0.02× book value.

Information only, not investment advice.