PXPSX AlphaKSE-100 research engine
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ASTL

HOLD

Amreli Steels Limited

Engineering · 0.15% of the KSE-100

Price

Rs 9.13

Market cap

Rs 1.7bn

12-month return

+14.5%

Rank

54 of 101

50composite
Rule-based50
ML ranker80
Conviction60

Why the engine ranks it here

Amreli Steels Limited (ASTL) screens as fairly valued against the rest of the KSE-100, ranking 54 of 101 on a composite score of 50/100.

Amreli Steels Limited sits in the Engineering sector and scores best on growth (69/100), weakest on price trend (43/100). At PKR 9.13 the shares trade on a P/E of 1.8x, 0.11x book, a 7.7% dividend yield. The Piotroski F-Score is 8 of 9 (very strong) and the Altman Z''-Score is 5.83 (watch zone).

What it does well

ASTL grew revenue -5.3% over the last year.

Growth

ASTL grew earnings 178.1% year on year.

Growth

ASTL has compounded revenue at -20.4% a year over three years.

Growth

What holds it back

ASTL is volatile at 47.8% annualised.

Price trend

ASTL books -3.2% of assets as accruals, so profit is running ahead of cash.

Profitability & earnings quality

ASTL is stretched at 2.4x net debt to EBITDA.

Balance-sheet strength

Risk flag: operating profit barely covers finance cost.

Risk

What would change this view

  • → the price reclaiming its 200-day average on rising volume

Five-pillar breakdown

Each pillar scores the company against sector peers, where 50 is the sector average.

Profitability49Valuation56Balance-sheet49Growth69Price43
Profitability & earnings quality30% weight49
Valuation25% weight56
Balance-sheet strength20% weight49
Growth15% weight69
Price trend10% weight43

The classic screens

Piotroski tests nine accounting facts about improvement; Altman scores the distance from financial distress.

Piotroski F-Score

8 / 9

very strong · 8 of 9 tests passed

Altman Z''-Score

5.83

grey zone · safe above 5.85

Profitable on assets

ROA 1.8%

Cash generative

CFO PKR 2,635m

Returns improving

ROA 1.8% vs -2.2% a year ago

Earnings backed by cash

CFO PKR 2,635m vs profit PKR 969m

Deleveraging

debt/assets 0.28 vs 0.28

Liquidity improving

current ratio 1.57 vs 1.60

Margin expanding

gross margin 21.2% vs 14.9%

Assets working harder

asset turnover 1.00x vs 0.99x

No shareholder dilution

190m shares vs 190m

Altman components

Working capital / assets0.139
Retained earnings / assets0.273
Operating profit / assets0.053
Equity / liabilities0.405
Sales / assets0.987

Risk flags

Hard rules that cap the composite score regardless of how the pillars read.

operating profit barely covers finance cost

Price history

Weekly closes. Beta 1.18 against the index, annualised volatility 48%, RSI 43.

+256.6% over this window

Reported accounts

The last twelve quarters as filed, in PKR millions. The publication date is what the engine uses to decide when a figure became knowable.

QuarterRevenueGross profitOperatingNet incomeEPSFiled
2025 Q4Rs 13.6bnRs 3.5bnRs 979mRs 438m2.312026-04-30
2025 Q3Rs 13.8bnRs 2.8bnRs 678mRs 230m1.212025-11-14
2025 Q2Rs 14.0bnRs 2.6bnRs 610mRs 193m1.022025-08-14
2025 Q1Rs 13.2bnRs 2.5bnRs 604mRs 173m0.912025-05-15
2024 Q4Rs 11.7bnRs 3.3bnRs 944mRs 373m1.962025-04-30
2024 Q3Rs 11.9bnRs 2.5bnRs 647mRs 51m0.272024-11-14
2024 Q2Rs 13.9bnRs 2.1bnRs 415mRs -281m-1.482024-08-14
2024 Q1Rs 14.6bnRs 1.5bnRs 139mRs -567m-2.992024-05-15
2023 Q4Rs 15.3bnRs 2.1bnRs 356mRs -443m-2.332024-04-29
2023 Q3Rs 18.9bnRs 2.6bnRs 458mRs -401m-2.112023-11-14
2023 Q2Rs 22.6bnRs 2.9bnRs 456mRs -404m-2.132023-08-14
2023 Q1Rs 23.9bnRs 2.8bnRs 373mRs -400m-2.112023-05-15

Ranked against Engineering

Every peer in the same sector, ordered by composite score. These are the companies whose ratios set this one's z-scores.

Scored as of 31 December 2025. Generated by an automated screen for research and educational use. Not investment advice, and not a substitute for a SECP-licensed adviser.