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Gul Ahmed Textile Mills Ltd
Buy, Hold or Sell?

Let's analyse Gul Ahmed Textile Mills Ltd together

PenkeI guess you are interested in Gul Ahmed Textile Mills Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Gul Ahmed Textile Mills Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Gul Ahmed Textile Mills Ltd (30 sec.)










What can you expect buying and holding a share of Gul Ahmed Textile Mills Ltd? (30 sec.)

How much money do you get?

How much money do you get?
‚ā®0.00
When do you have the money?
1 year
How often do you get paid?
94.1%

What is your share worth?

Current worth
‚ā®60.64
Expected worth in 1 year
‚ā®65.32
How sure are you?
76.5%

+ What do you gain per year?

Total Gains per Share
‚ā®4.68
Return On Investment
23.0%

For what price can you sell your share?

Current Price per Share
‚ā®20.35
Expected price per share
‚ā®19.52 - ‚ā®22.70
How sure are you?
50%

1. Valuation of Gul Ahmed Textile Mills Ltd (5 min.)




Live pricePrice per Share (EOD)

‚ā®20.35

Intrinsic Value Per Share

‚ā®22.66 - ‚ā®27.10

Total Value Per Share

‚ā®83.29 - ‚ā®87.73

2. Growth of Gul Ahmed Textile Mills Ltd (5 min.)




Is Gul Ahmed Textile Mills Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$161.5m$145m$11.9m7.6%

How much money is Gul Ahmed Textile Mills Ltd making?

Current yearPrevious yearGrowGrow %
Making money$3.4m$3.9m-$482.7k-13.9%
Net Profit Margin2.4%3.3%--

How much money comes from the company's main activities?

3. Financial Health of Gul Ahmed Textile Mills Ltd (5 min.)




What can you expect buying and holding a share of Gul Ahmed Textile Mills Ltd? (5 min.)

Welcome investor! Gul Ahmed Textile Mills Ltd's management wants to use your money to grow the business. In return you get a share of Gul Ahmed Textile Mills Ltd.

What can you expect buying and holding a share of Gul Ahmed Textile Mills Ltd?

First you should know what it really means to hold a share of Gul Ahmed Textile Mills Ltd. And how you can make/lose money.

Speculation

The Price per Share of Gul Ahmed Textile Mills Ltd is ‚ā®20.35. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Gul Ahmed Textile Mills Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Gul Ahmed Textile Mills Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ‚ā®60.64. Based on the TTM, the Book Value Change Per Share is ‚ā®1.17 per quarter. Based on the YOY, the Book Value Change Per Share is ‚ā®0.02 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ‚ā®0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Gul Ahmed Textile Mills Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ‚ā®% of Price per Share‚ā®% of Price per Share‚ā®% of Price per Share‚ā®% of Price per Share‚ā®% of Price per Share
Usd Eps0.010.0%0.000.0%0.010.0%0.010.0%0.010.0%
Usd Book Value Change Per Share0.000.0%0.000.0%0.000.0%0.010.1%0.010.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.000.0%0.000.0%0.000.0%0.010.1%0.010.1%
Usd Price Per Share0.07-0.07-0.09-0.14-0.14-
Price to Earnings Ratio3.09-4.62-4.13-3.20-3.04-
Price-to-Total Gains Ratio17.36-18.80-4.43--262.40--262.40-
Price to Book Ratio0.33-0.33-0.43-0.74-0.70-
Price-to-Total Gains Ratio17.36-18.80-4.43--262.40--262.40-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.07326
Number of shares13650
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.01
Usd Total Gains Per Share0.000.01
Gains per Quarter (13650 shares)57.52182.37
Gains per Year (13650 shares)230.08729.47
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1023022028701719
204604505714021448
306906808521032177
4092091011328042906
501150114014235063635
601380137017042074364
701610160019849085093
801841183022756095822
902071206025563106551
1002301229028470117280

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%11.00.00.0100.0%15.02.00.088.2%15.02.00.088.2%15.02.00.088.2%
Book Value Change Per Share4.00.00.0100.0%8.03.00.072.7%13.04.00.076.5%13.04.00.076.5%13.04.00.076.5%
Dividend per Share4.00.00.0100.0%10.00.01.090.9%16.00.01.094.1%16.00.01.094.1%16.00.01.094.1%
Total Gains per Share4.00.00.0100.0%8.03.00.072.7%13.04.00.076.5%13.04.00.076.5%13.04.00.076.5%

Fundamentals of Gul Ahmed Textile Mills Ltd

About Gul Ahmed Textile Mills Ltd

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just not able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Gul Ahmed Textile Mills Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit¬†Gul Ahmed Textile Mills Ltd earns for each ₨1 of revenue.

  • Above 10% is considered healthy but always compare¬†Gul Ahmed Textile Mills Ltd to the¬†Textiles & Apparel industry mean.
  • A Net Profit Margin of 2.7%¬†means that¬†₨0.03 for each ₨1¬†in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Gul Ahmed Textile Mills Ltd:

  • The MRQ is 2.7%. The company is making a profit. +1
  • The TTM is 2.4%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ2.7%TTM2.4%+0.4%
TTM2.4%YOY3.3%-1.0%
TTM2.4%5Y3.1%-0.8%
5Y3.1%10Y3.2%-0.1%
1.1.2. Return on Assets

Shows how efficient Gul Ahmed Textile Mills Ltd is using its assets to generate profit.

  • Above 5% is considered healthy¬†but always compare¬†Gul Ahmed Textile Mills Ltd to the¬†Textiles & Apparel industry mean.
  • 0.8% Return on Assets means that¬†Gul Ahmed Textile Mills Ltd generated¬†₨0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Gul Ahmed Textile Mills Ltd:

  • The MRQ is 0.8%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.7%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.8%TTM0.7%+0.1%
TTM0.7%YOY0.8%-0.1%
TTM0.7%5Y0.9%-0.2%
5Y0.9%10Y0.9%0.0%
1.1.3. Return on Equity

Shows how efficient Gul Ahmed Textile Mills Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare¬†Gul Ahmed Textile Mills Ltd to the¬†Textiles & Apparel industry mean.
  • 2.6% Return on Equity means Gul Ahmed Textile Mills Ltd generated ₨0.03¬†for each¬†₨1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Gul Ahmed Textile Mills Ltd:

  • The MRQ is 2.6%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.2%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.6%TTM2.2%+0.4%
TTM2.2%YOY2.7%-0.5%
TTM2.2%5Y3.5%-1.3%
5Y3.5%10Y3.6%0.0%

1.2. Operating Efficiency of Gul Ahmed Textile Mills Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Gul Ahmed Textile Mills Ltd is operating .

  • Measures how much profit Gul Ahmed Textile Mills Ltd makes for each ₨1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare¬†Gul Ahmed Textile Mills Ltd to the¬†Textiles & Apparel industry mean.
  • An Operating Margin of 0.0%¬†means the company generated ₨0.00 ¬†for each ₨1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Gul Ahmed Textile Mills Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y3.2%-3.2%
5Y3.2%10Y3.6%-0.5%
1.2.2. Operating Ratio

Measures how efficient Gul Ahmed Textile Mills Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†Textiles & Apparel industry mean).
  • An Operation Ratio of 1.78 means that the operating costs are ₨1.78 for each ₨1 in net sales.

Let's take a look of the Operating Ratio trends of Gul Ahmed Textile Mills Ltd:

  • The MRQ is 1.776. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.741. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.776TTM1.741+0.035
TTM1.741YOY1.724+0.018
TTM1.7415Y1.736+0.005
5Y1.73610Y1.733+0.003

1.3. Liquidity of Gul Ahmed Textile Mills Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Gul Ahmed Textile Mills Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to¬†Textiles & Apparel industry mean).
  • A Current Ratio of 1.05¬†means the company has ₨1.05 in assets for each ₨1 in short-term debts.

Let's take a look of the Current Ratio trends of Gul Ahmed Textile Mills Ltd:

  • The MRQ is 1.054. The company is just able to pay all its short-term debts.
  • The TTM is 1.079. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.054TTM1.079-0.025
TTM1.079YOY1.111-0.032
TTM1.0795Y1.094-0.016
5Y1.09410Y1.098-0.003
1.3.2. Quick Ratio

Measures if Gul Ahmed Textile Mills Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but¬†always compare¬†Gul Ahmed Textile Mills Ltd to the¬†Textiles & Apparel industry mean.
  • A Quick Ratio of 0.23¬†means the company can pay off ₨0.23 for each ₨1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Gul Ahmed Textile Mills Ltd:

  • The MRQ is 0.230. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.251. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.230TTM0.251-0.021
TTM0.251YOY0.284-0.034
TTM0.2515Y0.241+0.010
5Y0.24110Y0.239+0.003

1.4. Solvency of Gul Ahmed Textile Mills Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Gul Ahmed Textile Mills Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare¬†Gul Ahmed Textile Mills Ltd to Textiles & Apparel industry mean.
  • A Debt to Asset Ratio of 0.69¬†means that Gul Ahmed Textile Mills Ltd assets are¬†financed with 69.4% credit (debt) and the remaining percentage (100% - 69.4%)¬†is financed by its owners/shareholders.¬†

Let's take a look of the Debt to Asset Ratio trends of Gul Ahmed Textile Mills Ltd:

  • The MRQ is 0.694. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.692. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.694TTM0.692+0.003
TTM0.692YOY0.703-0.011
TTM0.6925Y0.731-0.039
5Y0.73110Y0.731+0.000
1.4.2. Debt to Equity Ratio

Measures if Gul Ahmed Textile Mills Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but¬†always compare¬†Gul Ahmed Textile Mills Ltd to the¬†Textiles & Apparel industry mean.
  • A Debt to Equity ratio of 227.2% means that company has ₨2.27 debt for each ₨1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Gul Ahmed Textile Mills Ltd:

  • The MRQ is 2.272. The company is just not able to pay all its debts with equity.
  • The TTM is 2.245. The company is just not able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ2.272TTM2.245+0.027
TTM2.245YOY2.364-0.119
TTM2.2455Y2.910-0.665
5Y2.91010Y2.900+0.010

2. Market Valuation of Gul Ahmed Textile Mills Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures¬†how much money you pay¬†for each share for¬†every ₨1 in earnings Gul Ahmed Textile Mills Ltd generates.

  • Above 15 is considered overpriced but¬†always compare¬†Gul Ahmed Textile Mills Ltd to the¬†Textiles & Apparel industry mean.
  • A PE ratio of 3.09 means the investor is paying ₨3.09¬†for every ₨1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Gul Ahmed Textile Mills Ltd:

  • The EOD is 3.179. Based on the earnings, the company is cheap. +2
  • The MRQ is 3.095. Based on the earnings, the company is cheap. +2
  • The TTM is 4.622. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD3.179MRQ3.095+0.084
MRQ3.095TTM4.622-1.527
TTM4.622YOY4.135+0.487
TTM4.6225Y3.198+1.424
5Y3.19810Y3.038+0.160
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Gul Ahmed Textile Mills Ltd:

  • The EOD is -21.220. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -20.657. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -4.052. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-21.220MRQ-20.657-0.563
MRQ-20.657TTM-4.052-16.605
TTM-4.052YOY-3.352-0.700
TTM-4.0525Y-1.639-2.413
5Y-1.63910Y-1.557-0.082
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Gul Ahmed Textile Mills Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy¬†(always compare to Textiles & Apparel industry mean).
  • A PB ratio of 0.33 means the investor is paying ₨0.33¬†for each ₨1 in book value.

Let's take a look of the Price to Book Ratio trends of Gul Ahmed Textile Mills Ltd:

  • The EOD is 0.336. Based on the equity, the company is cheap. +2
  • The MRQ is 0.327. Based on the equity, the company is cheap. +2
  • The TTM is 0.326. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.336MRQ0.327+0.009
MRQ0.327TTM0.326+0.001
TTM0.326YOY0.435-0.109
TTM0.3265Y0.739-0.413
5Y0.73910Y0.702+0.037
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Gul Ahmed Textile Mills Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--1.1411.170-2%0.025+4478%3.567-68%3.567-68%
Book Value Per Share--60.63758.934+3%58.001+5%43.201+40%41.041+48%
Current Ratio--1.0541.079-2%1.111-5%1.094-4%1.098-4%
Debt To Asset Ratio--0.6940.692+0%0.703-1%0.731-5%0.731-5%
Debt To Equity Ratio--2.2722.245+1%2.364-4%2.910-22%2.900-22%
Dividend Per Share--0.0000.000+3%0.000-74%0.144-100%0.144-100%
Eps--1.6001.307+22%1.610-1%1.540+4%1.463+9%
Free Cash Flow Per Share---0.2406.605-104%-2.398+900%-1.381+476%-1.381+476%
Free Cash Flow To Equity Per Share---0.2406.605-104%-2.398+900%-1.381+476%-1.381+476%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--27.095--------
Intrinsic Value_10Y_min--22.655--------
Intrinsic Value_1Y_max--0.788--------
Intrinsic Value_1Y_min--0.773--------
Intrinsic Value_3Y_max--3.836--------
Intrinsic Value_3Y_min--3.632--------
Intrinsic Value_5Y_max--8.655--------
Intrinsic Value_5Y_min--7.907--------
Market Cap--14660577862.98014229493228.695+3%17478148677.243-16%18221624792.957-20%17310543553.310-15%
Net Profit Margin--0.0270.024+16%0.033-18%0.031-13%0.032-15%
Operating Margin----0%-0%0.032-100%0.036-100%
Operating Ratio--1.7761.741+2%1.724+3%1.736+2%1.733+2%
Pb Ratio0.336+3%0.3270.326+0%0.435-25%0.739-56%0.702-53%
Pe Ratio3.179+3%3.0954.622-33%4.135-25%3.198-3%3.038+2%
Price Per Share20.350+3%19.81019.228+3%25.290-22%38.194-48%39.703-50%
Price To Free Cash Flow Ratio-21.220-3%-20.657-4.052-80%-3.352-84%-1.639-92%-1.557-92%
Price To Total Gains Ratio17.830+3%17.35718.797-8%4.429+292%-262.404+1612%-262.404+1612%
Quick Ratio--0.2300.251-8%0.284-19%0.241-5%0.239-4%
Return On Assets--0.0080.007+17%0.008-1%0.009-12%0.009-13%
Return On Equity--0.0260.022+19%0.027-4%0.035-25%0.036-26%
Total Gains Per Share--1.1411.171-2%0.025+4442%3.711-69%3.711-69%
Usd Book Value--161550878.400157012010.100+3%145076677.200+11%102814983.095+57%100358669.340+61%
Usd Book Value Change Per Share--0.0040.004-2%0.000+4478%0.013-68%0.013-68%
Usd Book Value Per Share--0.2180.212+3%0.209+5%0.156+40%0.148+48%
Usd Dividend Per Share--0.0000.000+3%0.000-74%0.001-100%0.001-100%
Usd Eps--0.0060.005+22%0.006-1%0.006+4%0.005+9%
Usd Free Cash Flow---638751.60017596900.800-104%-6045520.800+846%-1599883.200+150%-1643654.340+157%
Usd Free Cash Flow Per Share---0.0010.024-104%-0.009+900%-0.005+476%-0.005+476%
Usd Free Cash Flow To Equity Per Share---0.0010.024-104%-0.009+900%-0.005+476%-0.005+476%
Usd Market Cap--52778080.30751226175.623+3%62921335.238-16%65597849.255-20%62317956.792-15%
Usd Price Per Share0.073+3%0.0710.069+3%0.091-22%0.137-48%0.143-50%
Usd Profit--4263386.4003481807.500+22%3964587.600+8%3516956.526+21%3458982.240+23%
Usd Revenue--157000352.400149770617.300+5%119833581.600+31%96774316.674+62%94478070.060+66%
Usd Total Gains Per Share--0.0040.004-2%0.000+4442%0.013-69%0.013-69%
 EOD+3 -3MRQTTM+17 -17YOY+21 -135Y+19 -1610Y+18 -17

3.2. Fundamental Score

Let's check the fundamental score of Gul Ahmed Textile Mills Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-153.179
Price to Book Ratio (EOD)Between0-10.336
Net Profit Margin (MRQ)Greater than00.027
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.230
Current Ratio (MRQ)Greater than11.054
Debt to Asset Ratio (MRQ)Less than10.694
Debt to Equity Ratio (MRQ)Less than12.272
Return on Equity (MRQ)Greater than0.150.026
Return on Assets (MRQ)Greater than0.050.008
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Gul Ahmed Textile Mills Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5037.906
Ma 20Greater thanMa 5021.546
Ma 50Greater thanMa 10021.128
Ma 100Greater thanMa 20020.684
OpenGreater thanClose20.430
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2024-03-31. Currency in PKR. All numbers in thousands.

Summary
Total Assets146,833,918
Total Liabilities101,958,674
Total Stockholder Equity44,875,244
 As reported
Total Liabilities 101,958,674
Total Stockholder Equity+ 44,875,244
Total Assets = 146,833,918

Assets

Total Assets146,833,918
Total Current Assets87,499,964
Long-term Assets59,333,954
Total Current Assets
Cash And Cash Equivalents 700,946
Net Receivables 19,098,168
Inventory 60,025,951
Total Current Assets  (as reported)87,499,964
Total Current Assets  (calculated)79,825,065
+/- 7,674,899
Long-term Assets
Property Plant Equipment 57,781,321
Long-term Assets  (as reported)59,333,954
Long-term Assets  (calculated)57,781,321
+/- 1,552,633

Liabilities & Shareholders' Equity

Total Current Liabilities83,005,590
Long-term Liabilities18,953,084
Total Stockholder Equity44,875,244
Total Current Liabilities
Short Long Term Debt 42,203,239
Accounts payable 34,419,877
Total Current Liabilities  (as reported)83,005,590
Total Current Liabilities  (calculated)76,623,116
+/- 6,382,474
Long-term Liabilities
Long term Debt 15,260,011
Capital Lease Obligations Min Short Term Debt3,636,604
Long-term Liabilities Other 22,210
Long-term Liabilities  (as reported)18,953,084
Long-term Liabilities  (calculated)18,918,825
+/- 34,259
Total Stockholder Equity
Total Stockholder Equity (as reported)44,875,244
Total Stockholder Equity (calculated)0
+/- 44,875,244
Other
Capital Stock7,400,594
Common Stock Shares Outstanding 740,059
Net Debt 56,762,304
Net Invested Capital 102,338,494
Net Working Capital 4,494,374
Property Plant and Equipment Gross 60,139,223



Balance Sheet

Currency in PKR. All numbers in thousands.

 Trend2024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-31
> Total Assets 
55,208,897
55,381,361
58,629,656
63,293,802
70,127,943
71,823,778
78,503,631
78,646,365
85,737,273
92,963,810
101,117,969
115,873,316
116,323,484
129,308,407
134,685,599
142,824,986
133,641,737
142,289,188
143,459,258
146,833,918
146,833,918143,459,258142,289,188133,641,737142,824,986134,685,599129,308,407116,323,484115,873,316101,117,96992,963,81085,737,27378,646,36578,503,63171,823,77870,127,94363,293,80258,629,65655,381,36155,208,897
   > Total Current Assets 
36,625,721
35,757,102
36,773,689
37,623,606
41,766,000
40,194,334
43,932,972
42,543,416
48,502,969
53,318,042
59,065,847
63,639,274
63,900,208
72,828,287
76,561,116
83,433,761
74,707,147
82,337,201
83,848,183
87,499,964
87,499,96483,848,18382,337,20174,707,14783,433,76176,561,11672,828,28763,900,20863,639,27459,065,84753,318,04248,502,96942,543,41643,932,97240,194,33441,766,00037,623,60636,773,68935,757,10236,625,721
       Cash And Cash Equivalents 
696,071
531,706
557,831
763,713
1,084,241
733,240
921,284
818,220
966,352
944,474
1,128,986
1,356,584
1,903,618
1,755,813
689,236
1,239,212
1,200,791
1,258,278
1,762,010
700,946
700,9461,762,0101,258,2781,200,7911,239,212689,2361,755,8131,903,6181,356,5841,128,986944,474966,352818,220921,284733,2401,084,241763,713557,831531,706696,071
       Net Receivables 
5,979,197
6,866,069
6,668,589
6,577,839
6,844,156
5,150,748
9,429,306
8,336,874
10,873,621
11,793,214
13,399,086
20,161,991
15,124,983
17,391,835
15,622,196
27,268,242
16,621,547
20,747,830
19,923,042
19,098,168
19,098,16819,923,04220,747,83016,621,54727,268,24215,622,19617,391,83515,124,98320,161,99113,399,08611,793,21410,873,6218,336,8749,429,3065,150,7486,844,1566,577,8396,668,5896,866,0695,979,197
       Inventory 
25,082,343
23,653,417
24,700,109
24,779,023
26,504,355
28,700,702
26,794,170
26,596,922
29,995,378
32,559,312
34,373,612
36,644,044
40,550,070
44,675,007
50,420,116
43,559,156
49,496,064
52,049,421
54,743,709
60,025,951
60,025,95154,743,70952,049,42149,496,06443,559,15650,420,11644,675,00740,550,07036,644,04434,373,61232,559,31229,995,37826,596,92226,794,17028,700,70226,504,35524,779,02324,700,10923,653,41725,082,343
       Other Current Assets 
2,084,881
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-1
0
0-1000000000000000002,084,881
   > Long-term Assets 
18,583,176
19,624,259
21,855,967
25,670,196
28,361,943
31,629,444
34,570,659
36,102,949
37,234,304
39,645,768
42,052,122
52,234,042
52,423,276
56,480,120
58,124,483
59,391,225
58,934,590
59,951,987
59,611,074
59,333,954
59,333,95459,611,07459,951,98758,934,59059,391,22558,124,48356,480,12052,423,27652,234,04242,052,12239,645,76837,234,30436,102,94934,570,65931,629,44428,361,94325,670,19621,855,96719,624,25918,583,176
       Property Plant Equipment 
0
0
0
0
0
0
0
0
0
0
0
0
0
55,206,497
56,313,063
57,473,015
57,610,362
58,347,597
58,148,590
57,781,321
57,781,32158,148,59058,347,59757,610,36257,473,01556,313,06355,206,4970000000000000
       Goodwill 
0
19,211
0
0
0
37,068
0
0
0
37,068
0
0
0
0
0
0
0
0
0
0
000000000037,06800037,06800019,2110
       Intangible Assets 
0
152,669
0
0
0
195,381
0
0
0
181,404
0
0
0
0
0
0
197,892
0
0
0
000197,892000000181,404000195,381000152,6690
       Long-term Assets Other 
18,583,176
19,624,259
21,855,967
25,670,196
28,361,943
0
0
0
0
-57
0
158
-1
-2
0
-1
-54,750,180
0
0
0
000-54,750,180-10-2-11580-57000028,361,94325,670,19621,855,96719,624,25918,583,176
> Total Liabilities 
40,295,367
39,497,995
42,408,727
47,293,370
54,501,466
55,496,319
61,567,514
60,569,342
65,994,182
71,916,488
78,632,224
81,404,149
81,860,999
89,936,063
94,571,043
101,414,655
91,076,146
99,302,878
99,428,614
101,958,674
101,958,67499,428,61499,302,87891,076,146101,414,65594,571,04389,936,06381,860,99981,404,14978,632,22471,916,48865,994,18260,569,34261,567,51455,496,31954,501,46647,293,37042,408,72739,497,99540,295,367
   > Total Current Liabilities 
31,502,411
30,460,321
32,226,049
34,817,443
40,347,771
39,627,213
42,575,838
38,358,795
43,090,948
48,442,141
54,220,621
56,854,473
56,860,627
64,320,933
69,258,652
76,277,858
67,495,793
75,546,210
78,806,661
83,005,590
83,005,59078,806,66175,546,21067,495,79376,277,85869,258,65264,320,93356,860,62756,854,47354,220,62148,442,14143,090,94838,358,79542,575,83839,627,21340,347,77134,817,44332,226,04930,460,32131,502,411
       Short-term Debt 
21,247,605
20,217,294
20,855,003
22,361,430
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000022,361,43020,855,00320,217,29421,247,605
       Short Long Term Debt 
21,247,605
20,217,294
20,855,003
22,361,430
25,013,984
26,415,222
25,483,894
26,290,555
28,979,685
32,111,817
32,304,436
30,965,960
37,469,864
38,768,437
40,325,013
43,374,391
34,287,553
35,704,345
38,611,074
42,203,239
42,203,23938,611,07435,704,34534,287,55343,374,39140,325,01338,768,43737,469,86430,965,96032,304,43632,111,81728,979,68526,290,55525,483,89426,415,22225,013,98422,361,43020,855,00320,217,29421,247,605
       Accounts payable 
9,969,604
3,580,404
11,130,205
11,690,316
14,089,158
4,788,083
16,087,133
11,222,639
13,159,828
6,604,518
18,256,266
23,950,551
17,808,282
23,943,308
26,835,021
31,072,956
13,402,816
33,915,349
37,173,625
34,419,877
34,419,87737,173,62533,915,34913,402,81631,072,95626,835,02123,943,30817,808,28223,950,55118,256,2666,604,51813,159,82811,222,63916,087,1334,788,08314,089,15811,690,31611,130,2053,580,4049,969,604
   > Long-term Liabilities 
8,792,956
9,037,674
10,182,678
12,475,927
14,153,695
15,869,106
18,991,676
22,210,547
22,903,234
23,474,347
24,411,603
24,549,676
25,000,372
25,615,130
25,312,391
25,136,797
23,580,353
23,756,668
20,621,953
18,953,084
18,953,08420,621,95323,756,66823,580,35325,136,79725,312,39125,615,13025,000,37224,549,67624,411,60323,474,34722,903,23422,210,54718,991,67615,869,10614,153,69512,475,92710,182,6789,037,6748,792,956
       Long term Debt 
8,691,693
8,856,901
9,993,259
10,020,482
11,599,919
13,445,600
16,488,322
17,662,323
18,190,884
18,571,409
19,391,597
19,581,138
20,373,482
21,602,808
21,213,857
21,142,970
20,117,007
19,686,185
16,990,145
15,260,011
15,260,01116,990,14519,686,18520,117,00721,142,97021,213,85721,602,80820,373,48219,581,13819,391,59718,571,40918,190,88417,662,32316,488,32213,445,60011,599,91910,020,4829,993,2598,856,9018,691,693
       Capital Lease Obligations 
0
0
0
2,755,815
3,298,388
2,610,061
2,752,214
2,877,785
3,312,097
3,847,443
3,840,401
3,855,049
3,851,591
3,512,452
3,301,721
3,410,064
3,601,520
3,686,640
3,601,016
3,636,604
3,636,6043,601,0163,686,6403,601,5203,410,0643,301,7213,512,4523,851,5913,855,0493,840,4013,847,4433,312,0972,877,7852,752,2142,610,0613,298,3882,755,815000
       Long-term Liabilities Other 
76,672
92,431
118,089
145,277
167,320
0
0
0
0
0
82,845
0
196,340
57,511
42,025
42,025
31,420
19,710
22,210
22,210
22,21022,21019,71031,42042,02542,02557,511196,340082,84500000167,320145,277118,08992,43176,672
> Total Stockholder Equity
14,913,530
15,883,366
16,220,929
16,000,432
15,626,477
14,444,142
15,050,514
16,188,821
17,854,851
19,168,880
20,602,428
34,469,167
34,462,485
39,372,344
40,114,556
41,410,331
42,565,591
42,986,310
44,030,644
44,875,244
44,875,24444,030,64442,986,31042,565,59141,410,33140,114,55639,372,34434,462,48534,469,16720,602,42819,168,88017,854,85116,188,82115,050,51414,444,14215,626,47716,000,43216,220,92915,883,36614,913,530
   Common Stock00000000000000000000
   Retained Earnings 
9,775,503
10,607,627
10,954,517
10,741,634
10,333,038
9,091,217
9,786,089
10,972,319
12,683,420
13,952,041
0
17,525,638
19,969,594
24,882,150
25,712,930
26,838,111
27,150,400
4,694,509
0
0
004,694,50927,150,40026,838,11125,712,93024,882,15019,969,59417,525,638013,952,04112,683,42010,972,3199,786,0899,091,21710,333,03810,741,63410,954,51710,607,6279,775,503
   Capital Surplus 00000000000000000000
   Treasury Stock00000000000000000000
   Other Stockholders Equity 00000000000000000000



Balance Sheet

Currency in PKR. All numbers in thousands.




Cash Flow

Currency in PKR. All numbers in thousands.




Income Statement

Currency in PKR. All numbers in thousands.


Latest Income Statement (annual, 2023-06-30)

Gross Profit (+$)
totalRevenue138,926,684
Cost of Revenue-110,746,798
Gross Profit28,179,88628,179,886
 
Operating Income (+$)
Gross Profit28,179,886
Operating Expense-125,342,387
Operating Income13,584,297-97,162,501
 
Operating Expense (+$)
Research Development0
Selling General Administrative6,710,343
Selling And Marketing Expenses0
Operating Expense125,342,3876,710,343
 
Net Interest Income (+$)
Interest Income92,997
Interest Expense-6,407,683
Other Finance Cost-907,859
Net Interest Income-7,222,545
 
Pretax Income (+$)
Operating Income13,584,297
Net Interest Income-7,222,545
Other Non-Operating Income Expenses0
Income Before Tax (EBT)6,996,30113,584,297
EBIT - interestExpense = -6,407,683
4,897,485
11,305,168
Interest Expense6,407,683
Earnings Before Interest and Taxes (EBIT)013,403,984
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax6,996,301
Tax Provision-2,098,816
Net Income From Continuing Ops4,897,4854,897,485
Net Income4,897,485
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net07,222,545
 

Technical Analysis of Gul Ahmed Textile Mills Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Gul Ahmed Textile Mills Ltd. The general trend of Gul Ahmed Textile Mills Ltd is BULLISH with 14.3% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Gul Ahmed Textile Mills Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (14.3%) Bearish trend (-14.3%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Gul Ahmed Textile Mills Ltd.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 20.82 < 22.60 < 22.70.

The bearish price targets are: 20.32 > 19.99 > 19.52.

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Gul Ahmed Textile Mills Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging¬†trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Gul Ahmed Textile Mills Ltd. The current mas is .

The long score for the Moving Averages is 8/14.
The longshort score for the Moving Averages is 2/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Gul Ahmed Textile Mills Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a¬†lagging momentum¬†indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Gul Ahmed Textile Mills Ltd. The current macd is -0.13889701.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Gul Ahmed Textile Mills Ltd price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Gul Ahmed Textile Mills Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Gul Ahmed Textile Mills Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Gul Ahmed Textile Mills Ltd Daily Moving Average Convergence/Divergence (MACD) ChartGul Ahmed Textile Mills Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Gul Ahmed Textile Mills Ltd. The current adx is 17.44.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Gul Ahmed Textile Mills Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Gul Ahmed Textile Mills Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows¬†the current trend.
  • Shows¬†potential entry signals.
  • Shows¬†¬†potential exit signals.
  • Can be used to place¬†trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Gul Ahmed Textile Mills Ltd. The current sar is 22.44.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Gul Ahmed Textile Mills Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum¬†indicator, meaning the signals are instant.
  • Ranges¬†between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Gul Ahmed Textile Mills Ltd. The current rsi is 37.91. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending up: The RSI is trending up. +1
Gul Ahmed Textile Mills Ltd Daily Relative Strength Index (RSI) ChartGul Ahmed Textile Mills Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading¬†momentum¬†indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges¬†between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Gul Ahmed Textile Mills Ltd. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Gul Ahmed Textile Mills Ltd price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
Gul Ahmed Textile Mills Ltd Daily Stochastic Oscillator ChartGul Ahmed Textile Mills Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,¬†the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Gul Ahmed Textile Mills Ltd. The current cci is -177.42807701.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Gul Ahmed Textile Mills Ltd Daily Commodity Channel Index (CCI) ChartGul Ahmed Textile Mills Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Gul Ahmed Textile Mills Ltd. The current cmo is -38.52087799.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Gul Ahmed Textile Mills Ltd Daily Chande Momentum Oscillator (CMO) ChartGul Ahmed Textile Mills Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and¬†-100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Gul Ahmed Textile Mills Ltd. The current willr is -77.04918033.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Gul Ahmed Textile Mills Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Gul Ahmed Textile Mills Ltd Daily Williams %R ChartGul Ahmed Textile Mills Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold¬†

Score

Let's take a look at the Bollinger Bands of Gul Ahmed Textile Mills Ltd.

Gul Ahmed Textile Mills Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Gul Ahmed Textile Mills Ltd. The current atr is 0.813542.

Gul Ahmed Textile Mills Ltd Daily Average True Range (ATR) ChartGul Ahmed Textile Mills Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Gul Ahmed Textile Mills Ltd. The current obv is 82,491,405.

Gul Ahmed Textile Mills Ltd Daily On-Balance Volume (OBV) ChartGul Ahmed Textile Mills Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Gul Ahmed Textile Mills Ltd. The current mfi is 41.67.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Gul Ahmed Textile Mills Ltd Daily Money Flow Index (MFI) ChartGul Ahmed Textile Mills Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Gul Ahmed Textile Mills Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-30CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-31SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-13BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-16WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-06CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-22STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-04-02STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-04STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-04-09CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-04-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-04-16STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-04-17BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-04-19MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-04-22STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-04-24WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-25RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-02WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-05-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-05-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-05-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-05-10SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-15MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-05-17STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-05-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-27STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-05-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-06-03STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-06-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-06CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-06-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-06-10DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-06-11STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-06-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-06-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).

6.3. Candlestick Patterns

Gul Ahmed Textile Mills Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Gul Ahmed Textile Mills Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5037.906
Ma 20Greater thanMa 5021.546
Ma 50Greater thanMa 10021.128
Ma 100Greater thanMa 20020.684
OpenGreater thanClose20.430
Total4/5 (80.0%)
Penke

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