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Modarabas

FTMM First Treet Manufacturing Modaraba

Latest results: FY2026 · Jun 2026

Last close · 16 Oct 2026

Rs 18.79 +1.57%

Valuation · at the close on 16 Oct 2026

First Treet Manufacturing Modaraba (FTMM) valuation

At Rs 18.79 (close on 16 Oct 2026) FTMM trades at 30.6× earnings (FY2026), below its five-year average of 35.2× and above the Modarabas median of 16.9×. The shares are priced at 1.30× book value (sector median 1.09×).

P/E · today
30.6×
FY2026
5-yr average35.2× Sector median16.9×
P/B · today
1.30×
FY2026
5-yr average1.45× Sector median1.09×
Dividend yield · today
0.0%
FY2026
5-yr average1.3% Payers' median4.3%

Market value Rs 3.7 bn at Rs 18.79. Sector medians use the latest close of 20 Modarabas companies; P/E and P/B only where earnings / book value are positive; the yield median covers dividend payers only. Not investment advice.

P/E history P/E at fiscal year-end 5-year average
P/E history 77.0× 38.5× 0.0× P/E at fiscal year-end FY22: 40.4× P/E at fiscal year-end FY23: 20.8× P/E at fiscal year-end FY24: 71.3× P/E at fiscal year-end FY25: 16.3× P/E at fiscal year-end FY26: 27.4× FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26

Valuation history

At each fiscal year-end price.

FTMM valuation history (annual) (Rs bn)
Rs bn FY2026 Jul 2025 – Jun 2026 FY2025 Jul 2024 – Jun 2025 FY2024 Jul 2023 – Jun 2024 FY2023 Jul 2022 – Jun 2023 FY2022 Jul 2021 – Jun 2022 FY2021 Jul 2020 – Jun 2021 FY2020 Jul 2019 – Jun 2020 FY2019 Jul 2018 – Jun 2019 FY2018 Jul 2017 – Jun 2018 FY2017 Jul 2016 – Jun 2017 FY2016 Jul 2015 – Jun 2016 FY2015 Jul 2014 – Jun 2015
Market capitalisation 3.3 1.9 4.4 3.5 9.5 11.3 2.0 2.0 5.2 — — —
Share price (period end) Rs 16.80 9.95 22.27 18.07 48.70 73.18 46.35 46.57 120.84 — — —
P/E (diluted) 27.40× 16.29× 71.25× 20.82× 40.41× — — — — — — —
Price to book 1.17× 0.65× 1.52× 1.36× 2.18× 2.31× — 0.99× 1.29× — — —
Dividend yield (gross) 8.9% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 2.2% — — —
PEG ratio 78.23× 0.17× (1.11×) (0.74×) 0.36× — — — — — — —
P/E (diluted, normalised) 27.40× 16.29× 71.25× 20.82× 40.41× — — — — — — —
Price to book — 5-year average 1.45× 1.77× 7.62× 3.89× 2.39× — — — — — — —
Dividend yield — 5-year average 1.3% 0.0% 0.0% 0.0% 0.8% — — — — — — —

FTMM valuation: frequently asked questions

What is FTMM's P/E ratio?

At the closing price of Rs 18.79 on 16 Oct 2026, FTMM trades at a P/E of 30.6× based on EPS of Rs 0.61 (FY2026).

What is FTMM's book value per share?

First Treet Manufacturing Modaraba's book value per share was Rs 14.40 at the end of FY2026. The shares trade at 1.30× book value.

Information only, not investment advice.