More about Metro Brands Limited
Fundamentals for Metro Brands Limited
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Fundamentals for Metro Brands Limited
Business Operations:
Sector: Consumer CyclicalIndustry: Apparel Retail
Metro Brands Limited operates as a footwear specialty retailer in India. The company offers footwear for men, women, unisex, and kids under its own brands, including the Metro, Mochi, Walkway, and daVinchi, as well as third-party brands, such as Crocs, Foot Locker, FILA, FitFlop, Cheemo, Proline, Vans, and Biofoot. It also offers accessories, such as belts, bags, socks, wallets, and clutches; and footcare and shoe-care products. In addition, the company provides its products through stores and distributors, as well as through online channels. Metro Brands Limited was formerly known as Metro Shoes Limited and changed its name to Metro Brands Limited in September 2018. Metro Brands Limited was founded in 1955 and is headquartered in Mumbai, India.
Revenue projections:
With METROBRAND's revenues forecasted to be lower than last year's, investors are expected to be cautious. A decline in revenue typically harms the company's bottom line, reducing profitability and making investors less confident about the company's ability to sustain its financial health.
Financial Ratios:
| currentRatio | 2.56800 |
|---|---|
| forwardPE | 54.40405 |
| debtToEquity | 77.87400 |
| earningsGrowth | -0.02700 |
| revenueGrowth | 0.11200 |
| grossMargins | 0.57676 |
| operatingMargins | 0.14178 |
| trailingEps | 12.97000 |
| forwardEps | 18.77250 |
METROBRAND's current ratio of 2.568 highlights the company's solid liquidity, indicating that it can easily service its short-term debt. METROBRAND's ample cash reserves and current assets ensure that the company is well-positioned to meet its immediate financial liabilities.
Metro Brands Limited's high forward PE indicates potential overvaluation, which may restrict future price increases and prompt a correction. Investors should evaluate this metric carefully in conjunction with other fundamental indicators to assess the stock's true growth potential.
METROBRAND's low earnings and revenue growth highlight potential profit shrinkage. This suggests that the company may struggle to maintain its financial performance, raising concerns about its future profitability.
METROBRAND's negative gross and operating margins suggest that the company is currently facing financial difficulties, as it is unable to cover production and operational costs. This could result in significant losses if not addressed.
METROBRAND's forward EPS surpasses its trailing EPS, reflecting expectations of higher profitability in the current year. This suggests that METROBRAND is projected to generate stronger earnings, indicating an optimistic financial outlook compared to the prior year's results.
Price projections:
METROBRAND's stock price has regularly been near the lower end of projections, indicating that it may be struggling to attract investor interest. This pattern suggests a cautious sentiment surrounding the company's future performance.
Recommendation changes over time:
METROBRAND has been receiving a buy bias from analysts, indicating confidence in its investment potential. This could drive more investors to view METROBRAND as a reliable choice for their money, offering a promising avenue for future growth and financial gains.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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