Malik Mudassir Awan.

**Content Writer | Media Influencer |

[Malik Mudassir Awan. @Secretsentinel5]

@motasim Why you hate https://t.co/3BhnUyRP1m?

[Malik Mudassir Awan. @Secretsentinel5]

@MeherJazibAli Can you explain in details about this. I didn't understand it.

[Malik Mudassir Awan. @Secretsentinel5]

@shahid_iqbal34 @Shararti_Ai @SdqJaan In ka ma'am Kiya ha ?

[Meher Jazib Ali @MeherJazibAli]

It's better to wait for the results of the cement stocks. Otherwise, it's a futile exercise to calculate their $EV/ton, EV/EBITDA, FCF/share or P/FCF on the past financial results.

#Cement #KSE100 #PSX

[Saad Sheikh @SaadSheikh633]

Meezan is Pakistan's largest Islamic bank. Rs. 1 trillion market cap. Stock up 83% in 52 weeks. Everyone's talking about it.
But is Rs. 600 a good entry? Let's find out with math, not hype. (1)

[Malik Mudassir Awan. @Secretsentinel5]

@MeherJazibAli Why you don't talk about best way cement Sir?

[Malik Mudassir Awan. @Secretsentinel5]

@MeherJazibAli No Auto sector?

[Malik Mudassir Awan. @Secretsentinel5]

@intelligent_pk Kabhi intelligence investor say intelligence undertaker of psx bhut jaldi Naam badal jatyd ho😂

[Malik Mudassir Awan. @Secretsentinel5]

@AWGoraya To embassy mayn kasyy ya requirements fullfil Karyn IELTS ke? Agr IELTS na ho to 12 education ho .gap bhe education Kay bad

[Malik Mudassir Awan. @Secretsentinel5]

@HumayunInvests Phly jecoo to kamyab kar laytay. Very Worthless quality car.

[Meher Jazib Ali @MeherJazibAli]

Do take some time out to read the books for valuation. It's very helpful.

https://t.co/vvHCldLkb7

#CommercialBanks #KSE100 #PSX

[Malik Mudassir Awan. @Secretsentinel5]

@MeherJazibAli I listen. Now Pakistani meat demand is rising in Uzbekistan. Pakistan focus & shifting trade in central Asia through via Iran boarder. Meat sold in Uzbekistan higher than GCC.

[Ekansh Mittal @EkanshMittal_KW]

Three return ratios every investor should track:

ROE, ROCE, and ROA.

What's the difference? When to use which?

1. ROE (Return on Equity)

Formula: PAT ÷ Shareholder's Equity × 100

What it measures: Returns generated on shareholder money

Example:
PAT: ₹100 Cr
Equity: ₹400 Cr
ROE: 25%

High ROE (>18%) = Good
But check: Is it from operations or leverage?

ROE can be inflated by:
- High debt (leverage boosts ROE)

A company with:
₹100 Cr equity + ₹900 Cr debt
May show high ROE, but it's risky (leverage-driven)

2. ROCE (Return on Capital Employed)

Formula: EBIT ÷ (Equity + Debt) × 100

What it measures: Returns on ALL capital (equity + debt)

Example:
EBIT: ₹150 Cr
Equity: ₹400 Cr
Debt: ₹600 Cr
Total Capital: ₹1,000 Cr
ROCE: 15%

Shows true operating efficiency.

High ROCE (>20%) = Quality business
Consistently high ROCE = Moat exists

3. ROA (Return on Assets)

Formula: PAT ÷ Total Assets × 100

What it measures: How efficiently assets generate profit

Example:
PAT: ₹100 Cr
Total Assets: ₹1,500 Cr
ROA: 6.7%

ROA varies widely by sector:
- Asset-light (IT, pharma): ROA 15-25%
- Asset-heavy (manufacturing, infra): ROA 5-10%

High ROE but low ROCE = Leverage-driven
Risky!

The pattern:

Healthy company:
ROE ≈ ROCE (minimal leverage impact)
Both >15-18%

Leveraged company:
ROE >> ROCE (debt boosting ROE)
Check if sustainable

Declining trend:
FY23: ROE 25%, ROCE 20%
FY24: ROE 22%, ROCE 17%
FY25: ROE 18%, ROCE 14%

Returns falling = Business quality deteriorating OR
Competition increasing OR
Scale not helping

My framework:

Step 1: Check ROCE first
(True operating efficiency)

If ROCE >20% → Quality business
If ROCE 15-20% → Decent
If ROCE <15% → Average

Step 2: Compare ROE vs ROCE

If ROE much higher → Check debt levels
If ROE ≈ ROCE → Clean business model

Step 3: Track trend
Both improving over 3-5 years = Moat strengthening
Both declining = Competitive intensity rising

Step 4: Compare vs peers
Sector average ROCE 12%, your stock at 22% = Competitive advantage

Where to find:

Annual Report → Financial Highlights table
Usually shows all three ratios with 5-year trend

If not shown, calculate:
Balance Sheet + P&L have all the numbers needed

The hierarchy:

For quality assessment: ROCE > ROE > ROA

ROCE can't be gamed easily.
ROE can be boosted by leverage.
ROA varies too much by business model.

Always start with ROCE.

Research desk → https://t.co/Ek66KEolYG

[Jack Prandelli @jackprandelli]

Most people think oil = petrol

🛢️But 1 barrel is so much more than that

42 gallons.
159 liters.

Here's what's actually inside:

⛽ 42% Petrol (your car)

🚛 27% Diesel

✈️ 10% Jet fuel (your flight)

🧴 7% Petrochemical feedstocks (your plastics)

🚢 5% Marine fuel (your imported goods)

🔥 4% LPG (your cooking gas)

🛣️ 3% Asphalt (your roads)

🔧 2% Lubricants & waxes

Every single product on this list is now disrupted.

Hormuz closed doesn't just mean expensive petrol.

It means expensive everything.

This is why oil isn't just a number on a screen.

It's in everything you touch.

Read my latest article to understand wht's going to happen now 🔗 Link 👇
https://t.co/fArI68xNuL

[Malik Mudassir Awan. @Secretsentinel5]

@TalhaEjaz07ee Selling limit is not unlimited. You can't sell more than 5lack in one day.

[Malik Mudassir Awan. @Secretsentinel5]

@JimmyVirkk It's AI .Sir ap bhe patwario ke tarh ban gaye ha fake chzy share karna

[Malik Mudassir Awan. @Secretsentinel5]

@pushpendrakum 🤣🤣🤣

[Malik Mudassir Awan. @Secretsentinel5]

@motasim Sir why are you so jaleoous from this man?😂

[HealthRanger @HealthRanger]

Iran's war strategy is fairly straightforward: Blind U.S. forces by taking out radar installations, then fire low-cost, low-end missiles and drones at various targets to deplete U.S. air defense interceptors.

Once U.S. air defense batteries run out of ammunition, then Iran will launch the larger, more dangerous hypersonic missiles or even ballistic missiles.

I created this infographic to explain this. Full article coming tomorrow.