Karachi: The Pakistan cement sector is currently trading at an industry-wide average EV/ton of US$47.6, according to a recent analysis by JS Global. The report further highlights that the sector's valuation on a FY26E EV/EBITDA basis stands at 5.7x.

Within the sector, DG Khan Cement (DGKC) is noted for its competitive valuation, trading at an EV/ton of US$28.6 and an EV/EBITDA of 2.8x. Similarly, Kohat Cement (KOHC) is valued at an EV/ton of US$31.6 and an EV/EBITDA of 3.1x. Maple Leaf Cement (MLCF) is trading at an EV/ton of US$34.2, with an FY26E EV/EBITDA of 3.0x.

The analysis also mentions that companies such as LUCK, PIOC, CHCC, GWLC, ACPL, and FECTC are trading below the industry average EV/ton. The sector as a whole trades at a FY26 P/E of 9.5x, P/S of 1.6x, and P/B of 1.7x.

This positioning of the Pakistan cement sector presents potential opportunities for investors looking for valuations below industry averages.