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

HUBC

Hub Power Company
POWER

LAST · PKR

153.60
+0.04 +0.03%

52W RANGE

149.57170.32
19% OF RANGE · YTD −2.3%
01 / HUBC — 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
199bn
P/E (ttm)
4.1×
EPS (ttm)
37.46
Dividend yield
8.5%
Return on equity
31.2%
Beta
0.90
Free float
70%
52W high
170.32
52W low
149.57
1D change
+0.03%
YTD return
−2.3%

Pakistan's largest IPP, diversifying from base-load thermal into Thar coal, and EV/battery ventures.

03 / Research NoteNEUTRAL

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

Hub Power Company: solid franchise, fair price — yield does the heavy lifting from here

Hub Power Company (HUBC) trades at 4.1× trailing earnings with a 8.5% dividend yield, sitting 19% of the way up its 52-week range. Return on equity of 31.2% comfortably clears the market's cost of equity, and the 70% free float keeps the name liquid enough for institutional sizing.

Within the power space, the setup is balanced: valuation neither stretches nor compels, and the dividend underpins total return. At 0.90 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)
4.1×
Dividend yield
8.5%
Beta
0.90
52W position
19%
YTD return
−2.3%

— GENERATED BY SIGNA · NOT INVESTMENT ADVICE