• Snapshot   /   FECTC - Fecto Cement Ltd.   /   Analyst Opinion
Analyst Opinion
FECTC - Fecto Cement Ltd.
Islamabad land value in focus
SCS Research update    5/11/2026 12:00:00 AM
Fecto Cement maintains a strategically significant industrial asset through its manufacturing facility located in Sangjani, Islamabad. The plant is situated on approximately 237.64 acres of freehold land, representing a substantial long-term asset base. This area is equivalent to approximately 38,022.4 marlas. Based on an estimated market rate of PKR 0.5mn – 0.8 mn per marla, the implied valuation of the land is approximately PKR 19bn to 25bn. The per-share land value (after tax) has a minimum price of PKR 293/sh. At a higher benchmark rate of PKR 2.2 mn per marla, the implied valuation increases significantly to approximately PKR 83.65 bn. This analysis highlights the considerable intrinsic value embedded in the company’s industrial land holdings and underscores its strong asset-backed position.
Link: https://www.linkedin.com/in/mahsan178/
FECTC - Fecto Cement Ltd.
FECTC EV/ton is less tha $40
Ahsan Muhammad Asif    5/7/2026 12:00:00 AM
FECTC is the cheapest in terms of EV per ton, which is less than $40/ton. We expect company earnings to rebound in FY27-28. The company is situated in Sangiani, Islamabad, which is noteworthy in the calculation of its fair value.
Link: https://www.linkedin.com/in/mahsan178/