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Waves KASE:WAVES Stock Report

Last Price

PK₨7.52

Market Cap

PK₨2.1b

7D

-5.9%

1Y

14.8%

Updated

31 May, 2024

Data

Company Financials

Waves Corporation Limited

KASE:WAVES Stock Report

Market Cap: PK₨2.1b

WAVES Stock Overview

Manufactures, assembles, and distributes home appliances and other light engineering products in Pakistan.

WAVES fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends0/6

Waves Corporation Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Waves
Historical stock prices
Current Share PricePK₨7.52
52 Week HighPK₨9.90
52 Week LowPK₨5.90
Beta0.97
1 Month Change2.73%
3 Month Change8.99%
1 Year Change14.81%
3 Year Change-69.81%
5 Year Change-66.56%
Change since IPO-59.01%

Recent News & Updates

Recent updates

Shareholder Returns

WAVESPK Consumer DurablesPK Market
7D-5.9%-1.5%-0.6%
1Y14.8%8.4%60.0%

Return vs Industry: WAVES exceeded the PK Consumer Durables industry which returned 8.4% over the past year.

Return vs Market: WAVES underperformed the PK Market which returned 60% over the past year.

Price Volatility

Is WAVES's price volatile compared to industry and market?
WAVES volatility
WAVES Average Weekly Movement5.9%
Consumer Durables Industry Average Movement5.6%
Market Average Movement5.2%
10% most volatile stocks in PK Market7.8%
10% least volatile stocks in PK Market3.2%

Stable Share Price: WAVES has not had significant price volatility in the past 3 months.

Volatility Over Time: WAVES's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18501,575Haroon Khanwaves.net.pk

Waves Corporation Limited, together with its subsidiaries, manufactures, assembles, and distributes home appliances and other light engineering products in Pakistan. It offers refrigerators, air conditioners, LED TVs, washing machines, microwave ovens, sewing machines, water heaters, gas ovens, deep freezers, Visi coolers, water dispensers, instant geysers, and cooking ranges under the Singer and Waves brands. The company is also involved in the real estate development business; and operates retail shop networks for consumer appliances and other consumer goods.

Waves Corporation Limited Fundamentals Summary

How do Waves's earnings and revenue compare to its market cap?
WAVES fundamental statistics
Market capPK₨2.12b
Earnings (TTM)PK₨226.69m
Revenue (TTM)PK₨5.21b

9.3x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WAVES income statement (TTM)
RevenuePK₨5.21b
Cost of RevenuePK₨3.81b
Gross ProfitPK₨1.40b
Other ExpensesPK₨1.17b
EarningsPK₨226.69m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.81
Gross Margin26.91%
Net Profit Margin4.35%
Debt/Equity Ratio55.8%

How did WAVES perform over the long term?

See historical performance and comparison
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