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:
Investors may react cautiously to news that Metro Brands Limited's revenues are forecasted to be lower than last year's. Such declines are likely to have a negative effect on the company's bottom line, which can lead to concerns about profitability and hinder investor confidence in the company's future performance.
Financial Ratios:
| currentRatio | 2.890000 |
|---|---|
| forwardPE | 48.584747 |
| debtToEquity | 77.476000 |
| earningsGrowth | 0.232000 |
| revenueGrowth | 0.203000 |
| grossMargins | 0.579160 |
| operatingMargins | 0.199310 |
| trailingEps | 15.030000 |
| forwardEps | 21.661120 |
METROBRAND's current ratio is 2.89, signaling that the company has sufficient cash reserves and current assets to cover its short-term debt obligations. This suggests financial stability, as METROBRAND should not face any issues meeting its short-term liabilities with available resources.
METROBRAND's positive growth in earnings and revenue suggests the company is on track to expand its business. These indicators highlight a healthy financial performance, with METROBRAND expected to increase its market presence and profitability.
Metro Brands Limited's forward EPS being higher than its trailing EPS points to expected growth in profitability. This suggests that the company is projected to perform better in the current financial year, with higher earnings forecasted compared to the previous year.
Price projections:
METROBRAND's price has consistently hovered around the lower limit of price projections. This pattern suggests that the stock may be underperforming relative to expectations, which could lead to concerns among investors.
Recommendation changes over time:
Analysts have shown a buy bias for METROBRAND, signaling it as a strong investment choice. This positive outlook could motivate investors to allocate funds to METROBRAND, seeing it as a reliable and potentially profitable option, especially in an environment where the stock market is highly scrutinized.
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