Pakistan National Shipping (KAR:PNSC) EBIT: ₨15,473 Mil (TTM As of Mar. 2026)


KAR:PNSC Pakistan National Shipping Corp Ltd KAR:PNSC
81 GF Score
Price ₨613.04
GF Value ₨300.41
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Pakistan National Shipping EBIT?

Pakistan National Shipping KAR:PNSC +0.81% 81 EBIT is ₨15,473 Mil as of Mar. 2026. GuruFocus rates KAR:PNSC with a GF Score™ of 81/100 and a GF Value™ of ₨300.41 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Pakistan National Shipping's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₨2,357 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₨15,473 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Pakistan National Shipping's annualized ROC % for the quarter that ended in Mar. 2026 was 6.82%. Pakistan National Shipping's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.76%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Pakistan National Shipping's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.48%.

Pakistan National Shipping  (KAR:PNSC) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Pakistan National Shipping's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=5989.52 * ( 1 - 0% )/( (54501.303 + 121269.114)/ 2 )
=5989.52/87885.2085
=6.82 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=115174.942 - 3183.321 - ( 57490.318 - max(0, 9454.656 - 75110.605+57490.318))
=54501.303

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=174519.728 - 5803.536 - ( 51871.116 - max(0, 26129.771 - 73576.849+51871.116))
=121269.114

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Pakistan National Shipping's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=9428.592/( ( (35126.947 + max(5907.866, 0)) + (96044.859 + max(-5876.776, 0)) )/ 2 )
=9428.592/( ( 41034.813 + 96044.859 )/ 2 )
=9428.592/68539.836
=13.76 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4390.729 + 2299.86 + 7800.651) - (3183.321 + 0 + 5400.053)
=5907.866

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5395.902 + 3833.132 + 8460.039) - (5803.536 + 0 + 17762.313)
=-5876.776

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Pakistan National Shipping's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=15472.72/114782.823
=13.48 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pakistan National Shipping EBIT Related Terms

Pakistan National Shipping EBIT Historical Data

* Premium members only.

The historical data trend for Pakistan National Shipping's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pakistan National Shipping EBIT Chart

Pakistan National Shipping Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,982.86 6,813.77 32,951.93 23,751.93 23,698.40

Pakistan National Shipping Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7,481.82 6,035.18 4,419.86 2,660.54 2,357.15

Pakistan National Shipping EBIT Competitor Comparison

For the Marine Shipping subindustry, Pakistan National Shipping's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Pakistan National Shipping EV-to-EBIT vs Transportation Industry

For the Transportation industry and Industrials sector, Pakistan National Shipping's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Pakistan National Shipping's EV-to-EBIT falls into.


KAR:PNSC
81GF Score
Pakistan National Shipping Corp Ltd KAR:PNSC
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Pakistan National Shipping EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₨15,473 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₨15,473 Mil mean?
Pakistan National Shipping (KAR:PNSC) has a EBIT of ₨15,473 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Pakistan National Shipping.
Is Pakistan National Shipping's EBIT too high?
Pakistan National Shipping's current EBIT is ₨15,473 Mil. Overall, Pakistan National Shipping has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pakistan National Shipping's EBIT compare to competitors?
Pakistan National Shipping's EBIT of ₨15,473 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Transportation company?
A good EBIT depends on the Transportation industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Pakistan National Shipping. Pakistan National Shipping's current EBIT is ₨15,473 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pakistan National Shipping stock overvalued right now?
Based on GuruFocus' analysis, Pakistan National Shipping (KAR:PNSC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨300.41, compared to a current price of ₨613.04 — trading 104.1% above its estimated fair value. The current EBIT is ₨15,473 Mil. Pakistan National Shipping's overall GF Score™ is 81/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Pakistan National Shipping (KAR:PNSC), the current EBIT is ₨15,473 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Pakistan National Shipping (KAR:PNSC) Overvalued in 2026?

Based on GuruFocus' analysis, Pakistan National Shipping stock appears to be overvalued. The current stock price of ₨613.04 is trading 104.1% above its estimated GF Value™ of ₨300.41. GuruFocus considers Pakistan National Shipping to be Significantly Overvalued.

Key valuation signals for KAR:PNSC:

  • EBIT: ₨15,473 Mil
  • GF Value™: ₨300.41 vs. price of ₨613.04 (104.1% above fair value)
  • GF Score™: 81/100 with 5 warning signs

No single metric tells the full story. See the KAR:PNSC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Pakistan National Shipping Business Description

Address PNSC Building, Moulvi Tamizuddin Khan Road, P.O. BOX No. 5350, Karachi, SD, PAK, 74000
Pakistan National Shipping Corp Ltd, the Holding Company, its subsidiary, and an associate operate in Pakistan's maritime industry. The Group focuses on shipping, vessel chartering, cargo transportation, and property leasing. As the national flag carrier, the company operates a varied fleet, including tankers for energy transport and bulk carriers for transporting a wide range of dry commodities such as iron, fertilizers, coal, and grain. The company also provides comprehensive services such as ocean freight, container shipping, marine and port services, technical support, and leasing solutions. Its key business segments include dry cargo, liquid cargo, and slot charter/break bulk.
81GF Score

Get the complete analysis for KAR:PNSC

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₨613.04
Price
₨300.41
GF Value