Karachi: The Pakistan cement sector is currently trading at a competitive valuation, with an enterprise value per ton (EV/ton) of USD 41.4 and a FY26A enterprise value to earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio of 5.5x. This positions the sector attractively for investors looking to capitalize on potential growth within the industry.
According to JS Global, DG Khan Cement (DGKC) emerges as a notable player, trading at an EV/ton of USD 16.4 and an EV/EBITDA of 1.7x. Kohat Cement (KOHC) follows with a valuation of USD 25.0 per ton and an EV/EBITDA of 2.6x, while Lucky Cement (LUCK) is valued at USD 34.7 per ton with an EV/EBITDA ratio of 3.3x. Other companies such as CHCC, PIOC, GWLC, ACPL, and FECTC are also trading below the industry average EV/ton, indicating potential investment opportunities.
Overall, the sector trades at a FY26A price-to-earnings (P/E) ratio of 7.8x, a price-to-sales (P/S) ratio of 1.3x, and a price-to-book (P/B) ratio of 1.3x. These metrics suggest a competitive market landscape for investors seeking to engage with the Pakistan cement industry.