AICLRs 31.0+9.1%BERGRs 36.5-14.4%PRLRs 147.7+44.2%AGLRs 16.9+69.1%KAPCORs 51.5+57.5%SITCRs 52.5-4.6%NMLRs 374.1+210.3%NETSOLRs 5,771.3+29.7%BOPRs 138.7-11.7%PSORs 443.1+105.3%NPLRs 18.7+89.3%FMLRs 288.6+94.9%MARIRs 23.5-11.0%THALLRs 140.6+110.3%NRLRs 61.3-22.3%HBLRs 451.9-6.7%SYSRs 1,566.1+36.2%GATMRs 79.9+33.4%GHGLRs 1,075.6+1.5%FCEPLRs 85.0+61.6%PNSCRs 566.1-42.5%AVNRs 463.8+57.3%FFLRs 135.5+33.3%AGTLRs 159.5-34.9%FEROZRs 274.0+45.3%SRVIRs 38.0+63.0%ILPRs 26.7+20.5%KELRs 71.8+64.8%MLCFRs 1.8-5.9%HTLRs 157.8+46.7%PIOCRs 54.6+58.7%IGIHLRs 98.5-4.8%EFERTRs 76.5+20.3%FFCRs 14.2-30.0%GHNIRs 476.1+34.4%PTCRs 14,713.1+1.5%TPLPRs 2,078.1+10.1%UBLRs 355.3-25.8%ISLRs 171.0+2.7%APLRs 38.3+9.0%ABOTRs 4.4-26.4%PKGSRs 61.2+35.3%FABLRs 263.0-1.9%ATLHRs 10.6-5.5%OGDCRs 71.0+43.4%MTLRs 106.9-27.7%NCLRs 5.7+56.9%UNITYRs 758.2+41.8%LUCKRs 67.7+22.9%KTMLRs 158.5+51.2%SNBLRs 172.8+16.1%BWCLRs 196.5+40.1%CHCCRs 25.0-4.0%ASTLRs 9.1+14.5%ITTEFAQRs 12.3-9.9%AGPRs 30.8-42.3%HINOONRs 61.3-35.9%ENGRORs 68.6+46.4%ATRLRs 26.4+81.9%SHELRs 187.1-5.4%JDWSRs 2.1+20.6%EFUGRs 50.9+44.1%KOHCRs 79.1+42.0%BNWMRs 54.3+62.8%GLAXORs 56.9+14.0%CNERGYRs 49.2-1.8%JSBLRs 377.8-24.1%SEARLRs 21.7-21.2%MCBRs 81.8-4.4%BAFLRs 110.1+14.1%TGLRs 236.2-8.1%NCPLRs 27.7+19.9%AIRLINKRs 81.3+23.7%PAELRs 27.5+77.4%PAKTRs 1.7+3.6%INDURs 74.3-34.6%EPCLRs 17.8-50.1%TRGRs 100.9+18.5%SNGPRs 3.6-7.2%MEBLRs 95.1+11.0%PPLRs 12.0+27.2%POLRs 149.8+69.1%BAHLRs 123.3-17.6%GWLCRs 18.0+9.8%ACPLRs 41.8+19.4%FCCLRs 146.4+6.4%HCARRs 752.9-10.6%NBPRs 173.6-16.9%FATIMARs 237.9+68.5%SSGCRs 12.9+40.7%AKBLRs 268.1-10.1%LOTCHEMRs 65.9-7.3%NATFRs 5.0-57.8%MUGHALRs 76.8-47.2%PSMCRs 514.2-32.5%ICIRs 268.1+5.8%HUBCRs 48.3+16.8%NESTLERs 4.6-50.6%ARPLRs 89.9-12.9%DGKCRs 681.9+39.9%PSELRs 113.5-0.4%AICLRs 31.0+9.1%BERGRs 36.5-14.4%PRLRs 147.7+44.2%AGLRs 16.9+69.1%KAPCORs 51.5+57.5%SITCRs 52.5-4.6%NMLRs 374.1+210.3%NETSOLRs 5,771.3+29.7%BOPRs 138.7-11.7%PSORs 443.1+105.3%NPLRs 18.7+89.3%FMLRs 288.6+94.9%MARIRs 23.5-11.0%THALLRs 140.6+110.3%NRLRs 61.3-22.3%HBLRs 451.9-6.7%SYSRs 1,566.1+36.2%GATMRs 79.9+33.4%GHGLRs 1,075.6+1.5%FCEPLRs 85.0+61.6%PNSCRs 566.1-42.5%AVNRs 463.8+57.3%FFLRs 135.5+33.3%AGTLRs 159.5-34.9%FEROZRs 274.0+45.3%SRVIRs 38.0+63.0%ILPRs 26.7+20.5%KELRs 71.8+64.8%MLCFRs 1.8-5.9%HTLRs 157.8+46.7%PIOCRs 54.6+58.7%IGIHLRs 98.5-4.8%EFERTRs 76.5+20.3%FFCRs 14.2-30.0%GHNIRs 476.1+34.4%PTCRs 14,713.1+1.5%TPLPRs 2,078.1+10.1%UBLRs 355.3-25.8%ISLRs 171.0+2.7%APLRs 38.3+9.0%ABOTRs 4.4-26.4%PKGSRs 61.2+35.3%FABLRs 263.0-1.9%ATLHRs 10.6-5.5%OGDCRs 71.0+43.4%MTLRs 106.9-27.7%NCLRs 5.7+56.9%UNITYRs 758.2+41.8%LUCKRs 67.7+22.9%KTMLRs 158.5+51.2%SNBLRs 172.8+16.1%BWCLRs 196.5+40.1%CHCCRs 25.0-4.0%ASTLRs 9.1+14.5%ITTEFAQRs 12.3-9.9%AGPRs 30.8-42.3%HINOONRs 61.3-35.9%ENGRORs 68.6+46.4%ATRLRs 26.4+81.9%SHELRs 187.1-5.4%JDWSRs 2.1+20.6%EFUGRs 50.9+44.1%KOHCRs 79.1+42.0%BNWMRs 54.3+62.8%GLAXORs 56.9+14.0%CNERGYRs 49.2-1.8%JSBLRs 377.8-24.1%SEARLRs 21.7-21.2%MCBRs 81.8-4.4%BAFLRs 110.1+14.1%TGLRs 236.2-8.1%NCPLRs 27.7+19.9%AIRLINKRs 81.3+23.7%PAELRs 27.5+77.4%PAKTRs 1.7+3.6%INDURs 74.3-34.6%EPCLRs 17.8-50.1%TRGRs 100.9+18.5%SNGPRs 3.6-7.2%MEBLRs 95.1+11.0%PPLRs 12.0+27.2%POLRs 149.8+69.1%BAHLRs 123.3-17.6%GWLCRs 18.0+9.8%ACPLRs 41.8+19.4%FCCLRs 146.4+6.4%HCARRs 752.9-10.6%NBPRs 173.6-16.9%FATIMARs 237.9+68.5%SSGCRs 12.9+40.7%AKBLRs 268.1-10.1%LOTCHEMRs 65.9-7.3%NATFRs 5.0-57.8%MUGHALRs 76.8-47.2%PSMCRs 514.2-32.5%ICIRs 268.1+5.8%HUBCRs 48.3+16.8%NESTLERs 4.6-50.6%ARPLRs 89.9-12.9%DGKCRs 681.9+39.9%PSELRs 113.5-0.4%

Compare Watch

AVN

BUY

Avanceon Limited

Technology & Communication · 0.15% of the KSE-100

Price

Rs 463.84

Market cap

Rs 22.2bn

12-month return

+57.3%

Rank

22 of 101

62composite

Rule-based54

ML ranker76

Conviction83

Why the engine ranks it here

Avanceon Limited (AVN) screens as attractive relative to the rest of the KSE-100, ranking 22 of 101 on a composite score of 62/100.

Avanceon Limited sits in the Technology & Communication sector and scores best on price trend (66/100), weakest on balance-sheet strength (49/100). At PKR 463.84 the shares trade on a P/E of 1.1x, 0.26x book, a 11.8% dividend yield. The Piotroski F-Score is 8 of 9 (very strong) and the Altman Z''-Score is 8.85 (financially sound).

What it does well

AVN has beaten the KSE-100 by 31.0% over six months.

Price trend

AVN trades 19.6% above its 200-day average.

Price trend

AVN grew earnings 171.5% year on year.

Growth

What holds it back

AVN has compounded revenue at only 7.3% a year over three years.

Growth

AVN carries heavy debt at 0.45x of equity.

Balance-sheet strength

AVN holds only 2.23x of current assets against current liabilities.

Balance-sheet strength

What would change this view

→ a reduction in net debt or a visible improvement in interest cover

Five-pillar breakdown

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

Profitability & earnings quality30% weight54

Valuation25% weight56

Balance-sheet strength20% weight49

Growth15% weight50

Price trend10% weight66

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

8.85

safe zone · safe above 5.85

Profitable on assets

ROA 12.3%

Cash generative

CFO PKR 15,719m

Returns improving

ROA 12.3% vs 5.0% a year ago

Earnings backed by cash

CFO PKR 15,719m vs profit PKR 19,876m

Deleveraging

debt/assets 0.22 vs 0.22

Liquidity improving

current ratio 2.23 vs 2.11

Margin expanding

gross margin 37.4% vs 27.2%

Assets working harder

asset turnover 1.62x vs 1.50x

No shareholder dilution

48m shares vs 48m

Altman components

Working capital / assets0.282

Retained earnings / assets0.471

Operating profit / assets0.180

Equity / liabilities0.954

Sales / assets1.505

Price history

Weekly closes. Beta 1.01 against the index, annualised volatility 30%, RSI 51.

+1,533.2% 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.

Quarter	Revenue	Gross profit	Operating	Net income	EPS	Filed
2025 Q4	Rs 71.1bn	Rs 25.0bn	Rs 7.9bn	Rs 5.0bn	104.18	2026-04-30
2025 Q3	Rs 67.8bn	Rs 29.8bn	Rs 9.9bn	Rs 6.4bn	133.95	2025-11-14
2025 Q2	Rs 70.9bn	Rs 25.3bn	Rs 8.0bn	Rs 5.1bn	106.96	2025-08-14
2025 Q1	Rs 65.0bn	Rs 23.6bn	Rs 7.5bn	Rs 4.7bn	98.96	2025-05-15
2024 Q4	Rs 59.1bn	Rs 19.4bn	Rs 6.0bn	Rs 3.6bn	75.08	2025-04-30
2024 Q3	Rs 56.7bn	Rs 20.5bn	Rs 6.5bn	Rs 3.7bn	77.31	2024-11-14
2024 Q2	Rs 57.8bn	Rs 19.8bn	Rs 6.2bn	Rs 3.2bn	67.71	2024-08-14
2024 Q1	Rs 54.5bn	Rs 13.6bn	Rs 3.8bn	Rs 1.4bn	30.02	2024-05-15
2023 Q4	Rs 50.2bn	Rs 5.7bn	Rs 676m	Rs -1.1bn	-22.21	2024-04-29
2023 Q3	Rs 54.8bn	Rs 10.0bn	Rs 2.3bn	Rs 265m	5.53	2023-11-14
2023 Q2	Rs 57.7bn	Rs 3.1bn	Rs -633m	Rs -2.1bn	-43.76	2023-08-14
2023 Q1	Rs 58.6bn	Rs 17.1bn	Rs 5.0bn	Rs 2.6bn	53.45	2023-05-15

Ranked against Technology & Communication

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

NETSOLNetSol Technologies7.1x69

SYSSystems Limited4.3x65

AVNAvanceon Limited1.1x62

PTCPakistan Telecommunication Company15.9x56

TPLPTPL Properties Limited0.4x56

AIRLINKAir Link Communication0.8x43

TRGTRG Pakistan Limited0.7x42

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.