Millat Tractors Limited engages in assembling, manufacture, and sale of agricultural tractors, implements, and multi-application products in Pakistan and internationally. The company operates three segments: through Tractors, Tractor components, and Castings. It also provides industrial and commercial products, including forklift trucks, diesel generating sets, and prime movers; and agricultural implements, which include tine tillers, agricultural and commercial loaders, disc ploughs, hydraulic tipping and tripping trailers, backhoe, front blades, jib cranes, post hole diggers, lawn mowers, mould board ploughs, rotary slasher, broomer, offset disc harrows, and ridgers, as well as chisel plough, rotavators, multi-purpose rear blades, sweepers, bowzers, swinging draw bars, rice puddlers, adjustable pintle hooks, choppers, baller MF, fodder harvester machine, grass head, lase and levelers, and spare parts. In addition, the company manufactures and sells vehicular, industrial, and domestic batteries, as well as cells and components; and trades in machinery and heavy equipment and parts. The company sells its products through dealers. Millat Tractors Limited was incorporated in 1964 and is headquartered in Lahore, Pakistan.
Metrics to compare | MILM | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipMILMPeersSector | |
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P/E Ratio | 16.8x | 17.2x | 12.5x | |
PEG Ratio | −0.68 | 0.07 | 0.03 | |
Price/Book | 15.5x | 1.4x | 1.4x | |
Price / LTM Sales | 1.8x | 1.2x | 1.2x | |
Upside (Analyst Target) | 1.8% | 33.0% | 14.0% | |
Fair Value Upside | Unlock | 18.4% | 5.5% | Unlock |