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ORIX Leasing Pakistan

KASE:OLPL
Snowflake Description

Adequate balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
OLPL
KASE
PKR3B
Market Cap
  1. Home
  2. PK
  3. Diversified Financials
Company description

ORIX Leasing Pakistan Limited, a leasing company, provides financial products and customized services in Pakistan. The last earnings update was 41 days ago. More info.


Add to Portfolio Compare Print
  • ORIX Leasing Pakistan has significant price volatility in the past 3 months.
OLPL Share Price and Events
7 Day Returns
-8.1%
KASE:OLPL
-2.7%
PK Consumer Finance
4.9%
PK Market
1 Year Returns
-16.1%
KASE:OLPL
-13.3%
PK Consumer Finance
-21.9%
PK Market
OLPL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
ORIX Leasing Pakistan (OLPL) -8.1% -23.1% -22.3% -16.1% -51.2% -62.7%
PK Consumer Finance -2.7% -15% -14.8% -13.3% -40.9% -49.3%
PK Market 4.9% -15.2% -26.3% -21.9% -42.3% -22.9%
1 Year Return vs Industry and Market
  • OLPL underperformed the Consumer Finance industry which returned -13.3% over the past year.
  • OLPL outperformed the Market in Pakistan which returned -21.9% over the past year.
Price Volatility
OLPL
Industry
5yr Volatility vs Market

Value

 Is ORIX Leasing Pakistan undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of ORIX Leasing Pakistan to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for ORIX Leasing Pakistan.

KASE:OLPL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= PKR44.09 * 13.5%
PKR5.93
Book Value of Equity per Share Median Book Value from the past 5 years. PKR44.09
Discount Rate (Cost of Equity) See below 38.7%
Perpetual Growth Rate 10-Year PK Government Bond Rate 11.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for KASE:OLPL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year PK Govt Bond Rate 11.4%
Equity Risk Premium S&P Global 13.7%
Consumer Finance Unlevered Beta Simply Wall St/ S&P Global 0.68
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.676 (1 + (1- 30%) (448.8%))
2.205
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 11.38% + (2 * 13.68%)
38.74%

Discounted Cash Flow Calculation for KASE:OLPL using Excess Returns Model Model

The calculations below outline how an intrinsic value for ORIX Leasing Pakistan is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

KASE:OLPL Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (13.5% – 38.74%) * PKR44.09)
PKR-11.15
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= PKR-11.15 / (38.74% - 11.38%)
PKR-40.74
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= PKR44.09 + PKR-40.74
PKR3.34
KASE:OLPL Discount to Share Price
Calculation Result
Value per share (PKR) From above. PKR3.34
Current discount Discount to share price of PKR19.93
= -1 x (PKR19.93 - PKR3.34) / PKR3.34
-496.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of ORIX Leasing Pakistan is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for ORIX Leasing Pakistan's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are ORIX Leasing Pakistan's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
KASE:OLPL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in PKR PKR6.10
KASE:OLPL Share Price ** KASE (2020-04-09) in PKR PKR19.93
Pakistan Consumer Finance Industry PE Ratio Median Figure of 6 Publicly-Listed Consumer Finance Companies 6.22x
Pakistan Market PE Ratio Median Figure of 276 Publicly-Listed Companies 7.39x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of ORIX Leasing Pakistan.

KASE:OLPL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= KASE:OLPL Share Price ÷ EPS (both in PKR)

= 19.93 ÷ 6.10

3.27x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • ORIX Leasing Pakistan is good value based on earnings compared to the PK Consumer Finance industry average.
  • ORIX Leasing Pakistan is good value based on earnings compared to the Pakistan market.
Price based on expected Growth
Does ORIX Leasing Pakistan's expected growth come at a high price?
Raw Data
KASE:OLPL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 3.27x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Consumer Finance Industry PEG Ratio Median Figure of 29 Publicly-Listed Consumer Finance Companies 0.57x
Pakistan Market PEG Ratio Median Figure of 27 Publicly-Listed Companies 0.45x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for ORIX Leasing Pakistan, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on ORIX Leasing Pakistan's assets?
Raw Data
KASE:OLPL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in PKR PKR46.32
KASE:OLPL Share Price * KASE (2020-04-09) in PKR PKR19.93
Pakistan Consumer Finance Industry PB Ratio Median Figure of 8 Publicly-Listed Consumer Finance Companies 0.47x
Pakistan Market PB Ratio Median Figure of 387 Publicly-Listed Companies 0.58x
KASE:OLPL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= KASE:OLPL Share Price ÷ Book Value per Share (both in PKR)

= 19.93 ÷ 46.32

0.43x

* Primary Listing of ORIX Leasing Pakistan.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • ORIX Leasing Pakistan is good value based on assets compared to the PK Consumer Finance industry average.
X
Value checks
We assess ORIX Leasing Pakistan's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Finance industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Finance industry average (and greater than 0)? (1 check)
  5. ORIX Leasing Pakistan has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is ORIX Leasing Pakistan expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as ORIX Leasing Pakistan has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
17.2%
Expected Consumer Finance industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is ORIX Leasing Pakistan expected to grow at an attractive rate?
  • Unable to compare ORIX Leasing Pakistan's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare ORIX Leasing Pakistan's earnings growth to the Pakistan market average as no estimate data is available.
  • Unable to compare ORIX Leasing Pakistan's revenue growth to the Pakistan market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
KASE:OLPL Future Growth Rates Data Sources
Data Point Source Value (per year)
Asia Consumer Finance Industry Earnings Growth Rate Market Cap Weighted Average 17.2%
Asia Consumer Finance Industry Revenue Growth Rate Market Cap Weighted Average 18.7%
Pakistan Market Earnings Growth Rate Market Cap Weighted Average 14.7%
Pakistan Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
KASE:OLPL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in PKR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
KASE:OLPL Past Financials Data
Date (Data in PKR Millions) Revenue Cash Flow Net Income *
2019-12-31 4,278 5,134 1,019
2019-09-30 4,370 4,975 1,011
2019-06-30 4,404 4,202 1,016
2019-03-31 4,295 3,549 1,015
2018-12-31 4,820 2,963 1,473
2018-09-30 4,381 1,694 1,414
2018-06-30 4,413 531 1,371
2018-03-31 4,571 1,219 1,302
2017-12-31 3,964 1,529 819
2017-09-30 4,218 1,920 793
2017-06-30 4,100 2,701 822
2017-03-31 3,493 1,257 902

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if ORIX Leasing Pakistan is high growth as no earnings estimate data is available.
  • Unable to determine if ORIX Leasing Pakistan is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
KASE:OLPL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from ORIX Leasing Pakistan Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

KASE:OLPL Past Financials Data
Date (Data in PKR Millions) EPS *
2019-12-31 6.10
2019-09-30 6.04
2019-06-30 6.08
2019-03-31 6.07
2018-12-31 8.87
2018-09-30 8.54
2018-06-30 8.35
2018-03-31 8.54
2017-12-31 5.96
2017-09-30 6.50
2017-06-30 7.67
2017-03-31 8.86

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if ORIX Leasing Pakistan will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether ORIX Leasing Pakistan is trading at ORIX Leasing Pakistan'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. ORIX Leasing Pakistan's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Diversified Financials companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess ORIX Leasing Pakistan's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
ORIX Leasing Pakistan has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has ORIX Leasing Pakistan performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare ORIX Leasing Pakistan's growth in the last year to its industry (Consumer Finance).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • ORIX Leasing Pakistan's year on year earnings growth rate has been positive over the past 5 years.
  • ORIX Leasing Pakistan's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • ORIX Leasing Pakistan's 1-year earnings growth is negative, it can't be compared to the PK Consumer Finance industry average.
Earnings and Revenue History
ORIX Leasing Pakistan's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from ORIX Leasing Pakistan Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

KASE:OLPL Past Revenue, Cash Flow and Net Income Data
Date (Data in PKR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 4,277.99 1,019.45 1,388.88
2019-09-30 4,370.17 1,010.65 1,381.18
2019-06-30 4,403.53 1,016.14 1,369.99
2019-03-31 4,295.31 1,014.58 1,365.16
2018-12-31 4,819.97 1,473.36 1,335.69
2018-09-30 4,381.21 1,413.74 1,297.33
2018-06-30 4,412.52 1,371.30 1,261.81
2018-03-31 4,570.84 1,301.92 1,235.13
2017-12-31 3,963.73 818.71 1,206.46
2017-09-30 4,218.27 792.80 1,160.40
2017-06-30 4,099.83 821.67 1,123.92
2017-03-31 3,493.14 902.26 1,054.53
2016-12-31 2,924.54 813.50 979.27
2016-09-30 2,447.69 797.43 914.45
2016-06-30 2,024.88 759.32 862.64
2016-03-31 2,093.44 650.89 835.42
2015-12-31 2,096.58 667.82 807.25
2015-09-30 2,148.74 662.39 801.06
2015-06-30 2,116.61 627.90 784.97
2015-03-31 2,103.32 598.60 768.79
2014-12-31 2,100.80 570.22 769.67
2014-09-30 2,041.92 536.28 757.27
2014-06-30 2,025.96 516.11 755.24
2014-03-31 2,082.71 481.13 776.72
2013-12-31 2,004.56 437.49 763.27
2013-09-30 1,885.07 387.05 746.52
2013-06-30 1,772.24 337.95 730.13

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • ORIX Leasing Pakistan has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • ORIX Leasing Pakistan used its assets less efficiently than the PK Consumer Finance industry average last year based on Return on Assets.
  • Unable to establish if ORIX Leasing Pakistan improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess ORIX Leasing Pakistan's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Finance industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
ORIX Leasing Pakistan has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is ORIX Leasing Pakistan's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up ORIX Leasing Pakistan's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • ORIX Leasing Pakistan is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • ORIX Leasing Pakistan's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of ORIX Leasing Pakistan's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from ORIX Leasing Pakistan Company Filings, last reported 3 months ago.

KASE:OLPL Past Debt and Equity Data
Date (Data in PKR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 8,670.33 14,807.69 1,003.29
2019-09-30 9,046.90 15,152.72 1,201.81
2019-06-30 8,960.16 16,105.89 996.72
2019-03-31 8,541.56 16,189.29 921.74
2018-12-31 8,283.26 16,637.88 1,108.50
2018-09-30 8,357.72 16,351.79 1,389.35
2018-06-30 8,204.41 16,537.83 1,683.68
2018-03-31 7,884.21 17,229.88 1,671.33
2017-12-31 7,426.72 16,375.38 1,382.40
2017-09-30 7,227.18 15,198.00 1,294.88
2017-06-30 5,452.56 17,040.76 1,611.17
2017-03-31 5,121.65 16,800.48 1,372.21
2016-12-31 4,902.39 15,922.50 1,473.51
2016-09-30 5,152.82 14,011.11 1,882.94
2016-06-30 5,199.50 14,137.78 1,223.94
2016-03-31 3,717.39 9,600.52 181.21
2015-12-31 3,558.50 10,253.82 167.62
2015-09-30 3,782.28 9,599.13 161.17
2015-06-30 3,549.03 9,314.98 188.83
2015-03-31 3,357.14 8,794.05 103.64
2014-12-31 3,146.55 8,625.69 106.26
2014-09-30 3,288.81 7,807.98 126.55
2014-06-30 3,063.93 7,627.71 152.21
2014-03-31 2,950.05 7,795.76 155.67
2013-12-31 2,860.12 7,641.50 176.03
2013-09-30 2,951.68 7,292.47 126.22
2013-06-30 2,671.74 8,223.16 445.18
  • ORIX Leasing Pakistan's level of debt (170.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (274% vs 170.8% today).
  • Debt is well covered by operating cash flow (34.7%, greater than 20% of total debt).
  • Unable to confirm if the interest payments on ORIX Leasing Pakistan's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess ORIX Leasing Pakistan's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. ORIX Leasing Pakistan has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is ORIX Leasing Pakistan's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
20.07%
Current annual income from ORIX Leasing Pakistan dividends.
If you bought PKR2,000 of ORIX Leasing Pakistan shares you are expected to receive PKR401 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • ORIX Leasing Pakistan's pays a higher dividend yield than the bottom 25% of dividend payers in Pakistan (2.71%).
  • ORIX Leasing Pakistan's dividend is above the markets top 25% of dividend payers in Pakistan (9.36%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
KASE:OLPL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Pakistan Consumer Finance Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 16.1%
Pakistan Market Average Dividend Yield Market Cap Weighted Average of 214 Stocks 7.4%
Pakistan Minimum Threshold Dividend Yield 10th Percentile 1.5%
Pakistan Bottom 25% Dividend Yield 25th Percentile 2.7%
Pakistan Top 25% Dividend Yield 75th Percentile 9.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

KASE:OLPL Past Annualized Dividends Data
Date (Data in PKR) Dividend per share (annual) Avg. Yield (%)
2020-03-06 4.000 17.987
2019-10-03 3.750 14.885
2019-09-11 3.750 14.371
2018-10-02 2.500 9.728
2018-09-14 2.500 6.881
2017-09-28 2.500 7.300
2017-09-14 2.500 7.192
2016-09-30 3.750 9.959
2015-09-23 3.750 8.630
2014-09-30 2.917 6.152
2013-10-08 1.833 7.583
2012-09-28 1.250 8.841
2011-10-03 0.833 11.811
2010-04-30 0.000 0.000
2010-02-01 0.000 0.000
2009-09-30 0.000 0.000
2009-06-30 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • ORIX Leasing Pakistan has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but ORIX Leasing Pakistan only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of ORIX Leasing Pakistan's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (1.1x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess ORIX Leasing Pakistan's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can ORIX Leasing Pakistan afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. ORIX Leasing Pakistan has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of ORIX Leasing Pakistan's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Shaheen Amin
TENURE AS CEO 4.2 years
CEO Bio

Mr. Shaheen Mohammed Amin has been the Chief Executive Officer of Orix Leasing Pakistan Ltd since February 01, 2016. Mr. Amin serves as Managing Director at Saudi ORIX Leasing Company. Mr. Amin served as General Manager of Saudi ORIX Leasing Company until February 5, 2016. He has been the Chairman of the Board at Standard Chartered Modaraba since June 20, 2016. Mr. Amin has been Non-Executive Director of Orix Leasing Pakistan Ltd. since June 14, 2010. He has been a Director of Oman National Investment Corporation Holding SAOG since March 30, 2013. He has been a Director of Saudi ORIX Leasing Company since April 29, 2016. He has been a Non-Executive Director of Standard Chartered Modaraba since June 20, 2016. He served as a Director of Oman International Development and Investment Company SAOG since November 19, 2015 until January 17, 2017. He served as a Director of Oman ORIX Leasing Company SAOG from March 31, 2013 to February 16, 2014. He holds an MBA from the University of Chicago and an MS in Risk Management from New York University.

CEO Compensation
  • Insufficient data for Shaheen to compare compensation growth.
  • Insufficient data for Shaheen to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team

Shaheen Amin

TITLE
CEO & Executive Director
TENURE
4.2 yrs

Maryam Aziz

TITLE
Chief Financial Officer

Saad Ahmed

TITLE
Head of Administration

Rashid Ahmed

TITLE
Head of Compliance

Faysal Riaz

TITLE
Group General Manager of Marketing

Hira Bharvani

TITLE
Head of Human Resource

Ramon Alfrey

TITLE
Group General Manager of Planning & Strategy

Arshad Abbas

TITLE
Deputy Chief Executive Officer

Mohammad Khan

TITLE
Head of Special Assets Management

Hamood Ahmed

TITLE
Head of Business Control
Board of Directors Tenure

Average tenure of the ORIX Leasing Pakistan board of directors in years:

3.3
Average Tenure
  • The tenure for the ORIX Leasing Pakistan board of directors is about average.
Board of Directors

Khalid Mirza

TITLE
Independent Chairman of the Board
TENURE
3.6 yrs

Shaheen Amin

TITLE
CEO & Executive Director
TENURE
9.8 yrs

Nasim Hyder

TITLE
Independent Non-Executive Director
TENURE
3.3 yrs

Aminah Zaheer

TITLE
Independent Non-Executive Director
TENURE
3.3 yrs

Harukazu Yamaguchi

TITLE
Non-Executive Director
AGE
57
TENURE
7.3 yrs

Kiyokazu Ishinabe

TITLE
Non-Executive Director
TENURE
3.1 yrs

Naveed Baloch

TITLE
Independent Non-Executive Director
TENURE
2.8 yrs

Ikuo Nakamura

TITLE
Non-Executive Director
TENURE
2.1 yrs

Masato Takata

TITLE
Non-Executive Director
TENURE
0.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (PKR) Value (PKR)
X
Management checks
We assess ORIX Leasing Pakistan's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. ORIX Leasing Pakistan has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

ORIX Leasing Pakistan Limited, a leasing company, provides financial products and customized services in Pakistan. It operates in three segments: Finance Lease, Finances & Loans, and Operating Lease. The company offers corporate leasing products, including lease financing options on medium and long terms basis for plant and machinery, vehicles, and office automation products; consumer auto lease; and commercial vehicle lease for small and medium enterprises, as well as for corporations. It also provides operating lease solutions, such as the renting of generators, cranes, and equipment on short-term rentals to corporate entities. In addition, the company offers micro finance products, including micro leasing and microcredit to micro businesses and enterprises; agricultural lease and finance; Islamic financing; and certificates of deposit. It operates through 38 branches situated in 35 cities. The company was founded in 1986 and is headquartered in Karachi, Pakistan.

Details
Name: ORIX Leasing Pakistan Limited
OLPL
Exchange: KASE
Founded: 1986
PKR3,329,404,216
167,054,903
Website: http://www.orixpakistan.com
Address: ORIX Leasing Pakistan Limited
ORIX Building,
Plot No. 16,
Karachi,
74900,
Pakistan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
KASE OLPL Ordinary Shares Pakistan Stock Exchange Limited PK PKR 10. Jun 1994
Number of employees
Current staff
Staff numbers
567
ORIX Leasing Pakistan employees.
Industry
Consumer Finance
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/09 16:42
End of day share price update: 2020/04/09 00:00
Last earnings filing: 2020/02/28
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.