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Compare Watch

GWLC

REDUCE

Gharibwal Cement Limited

Cement · 0.15% of the KSE-100

Price

Rs 18.00

Market cap

Rs 2.4bn

12-month return

+9.8%

Rank

84 of 101

39composite

Rule-based52

ML ranker14

Conviction39

Why the engine ranks it here

Gharibwal Cement Limited (GWLC) screens poorly against the rest of the KSE-100, ranking 84 of 101 on a composite score of 39/100.

Gharibwal Cement Limited sits in the Cement sector and scores best on valuation (62/100), weakest on growth (41/100). At PKR 18.00 the shares trade on a P/E of 0.1x, 0.02x book, a 60.0% dividend yield. The Piotroski F-Score is 8 of 9 (very strong) and the Altman Z''-Score is 9.06 (financially sound).

What it does well

GWLC trades at 0.02x book value, below peers.

Valuation

GWLC trades on 0.1x earnings, cheap against its sector.

Valuation

GWLC throws off a 150.0% free cash flow yield.

Valuation

What holds it back

GWLC is stretched at 0.9x net debt to EBITDA.

Balance-sheet strength

GWLC covers its finance cost only 3.4x over.

Balance-sheet strength

GWLC returns only 12.4% on invested capital.

Profitability & earnings quality

What would change this view

→ two consecutive quarters of revenue growth above the sector median

Five-pillar breakdown

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

Profitability & earnings quality30% weight53

Valuation25% weight62

Balance-sheet strength20% weight51

Growth15% weight41

Price trend10% weight44

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

9.06

safe zone · safe above 5.85

Profitable on assets

ROA 9.0%

Cash generative

CFO PKR 22,344m

Returns improving

ROA 9.0% vs 4.2% a year ago

Earnings backed by cash

CFO PKR 22,344m vs profit PKR 16,302m

Deleveraging

debt/assets 0.33 vs 0.34

Liquidity improving

current ratio 2.15 vs 2.29

Margin expanding

gross margin 48.4% vs 34.5%

Assets working harder

asset turnover 0.94x vs 0.89x

No shareholder dilution

135m shares vs 135m

Altman components

Working capital / assets0.255

Retained earnings / assets0.537

Operating profit / assets0.157

Equity / liabilities1.269

Sales / assets0.956

Price history

Weekly closes. Beta 0.96 against the index, annualised volatility 35%, RSI 34.

-73.1% 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 45.0bn	Rs 25.6bn	Rs 9.0bn	Rs 5.5bn	40.80	2026-04-30
2025 Q3	Rs 43.1bn	Rs 18.3bn	Rs 6.1bn	Rs 3.5bn	25.61	2025-11-14
2025 Q2	Rs 46.0bn	Rs 26.5bn	Rs 9.3bn	Rs 5.8bn	42.68	2025-08-14
2025 Q1	Rs 42.5bn	Rs 19.6bn	Rs 6.6bn	Rs 3.8bn	28.00	2025-05-15
2024 Q4	Rs 38.3bn	Rs 17.8bn	Rs 6.0bn	Rs 3.3bn	24.39	2025-04-30
2024 Q3	Rs 39.1bn	Rs 16.1bn	Rs 5.3bn	Rs 2.6bn	18.97	2024-11-14
2024 Q2	Rs 43.6bn	Rs 18.5bn	Rs 6.1bn	Rs 2.9bn	21.54	2024-08-14
2024 Q1	Rs 47.7bn	Rs 14.1bn	Rs 4.2bn	Rs 1.6bn	11.94	2024-05-15
2023 Q4	Rs 48.4bn	Rs 13.1bn	Rs 3.7bn	Rs 1.3bn	9.76	2024-04-29
2023 Q3	Rs 55.9bn	Rs 13.4bn	Rs 3.6bn	Rs 1.3bn	9.41	2023-11-14
2023 Q2	Rs 68.1bn	Rs 24.2bn	Rs 7.6bn	Rs 4.1bn	30.70	2023-08-14
2023 Q1	Rs 71.1bn	Rs 27.7bn	Rs 9.0bn	Rs 5.2bn	38.38	2023-05-15

Ranked against Cement

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

MLCFMaple Leaf Cement Factory0.2x60

PIOCPioneer Cement Limited0.5x59

LUCKLucky Cement Limited0.6x51

BWCLBestway Cement Limited1.3x50

CHCCCherat Cement Company0.1x50

KOHCKohat Cement Company0.4x49

GWLCGharibwal Cement Limited0.2x39

ACPLAttock Cement Pakistan1.2x38

FCCLFauji Cement Company1.2x38

DGKCD.G. Khan Cement Company3.4x30

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.