FIRST CAPITAL· SIGNA RESEARCH
KSE CLOSEDKSE-100 · PSX--:--:-- PKTDATA AS OF 11 JUN 2026 · EOD

EFERT

Engro Fertilizers
FERTILIZER

LAST · PKR

211.90
−1.56 −0.73%

52W RANGE

187.00214.89
89% OF RANGE · YTD +11.2%
01 / EFERT — 1 YearAS OF 11 JUN 2026 · EOD
PERIOD 1Y · 250 SESSIONS

Source: PSX, First Capital Research. Data as of 11 Jun 2026, EOD.

02 / Fundamentals
Market cap
283bn
P/E (ttm)
8.4×
EPS (ttm)
25.23
Dividend yield
9.4%
Return on equity
33.1%
Beta
0.75
Free float
40%
52W high
214.89
52W low
187.00
1D change
−0.73%
YTD return
+11.2%

Engro group's fertilizer arm; concessionary-gas cost advantage and consistently among the market's highest dividend payers.

03 / Research NoteNEUTRAL

SIGNA DESK · FIRST CAPITAL RESEARCH · 11 JUN 2026 · EOD

Engro Fertilizers: solid franchise, fair price — yield does the heavy lifting from here

Engro Fertilizers (EFERT) trades at 8.4× trailing earnings with a 9.4% dividend yield, sitting 89% of the way up its 52-week range. Return on equity of 33.1% comfortably clears the market's cost of equity, and the 40% free float keeps the name liquid enough for institutional sizing.

Within the fertilizer space, the setup is balanced: valuation neither stretches nor compels, and the dividend underpins total return. At 0.75 beta the name damps index swings, which suits income-led mandates in a falling-rate tape. The payout is the anchor of the thesis; any cut would force a full re-underwrite.

AT A GLANCE

Stance
NEUTRAL
P/E (ttm)
8.4×
Dividend yield
9.4%
Beta
0.75
52W position
89%
YTD return
+11.2%

— GENERATED BY SIGNA · NOT INVESTMENT ADVICE

04 / Sector Peers
SymbolLastChg %P/EM. Cap1Y
FFCFauji Fertilizer Company441.70+0.51%7.2×562bn
EFERTEngro Fertilizers— THIS PAGE211.90−0.73%8.4×283bn

Source: PSX, First Capital Research. Data as of 11 Jun 2026, EOD.