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:
Revenue projections for METROBRAND Metro Brands Limited's revenues are expected to fall below last year's, and this forecast tends to raise concerns among investors. A revenue drop can negatively impact the company's profitability, making investors more cautious about their positions due to the risks of declining financial performance.
Financial Ratios:
currentRatio
2.568000
forwardPE
58.766758
debtToEquity
77.874000
earningsGrowth
-0.027000
revenueGrowth
0.112000
grossMargins
0.576760
operatingMargins
0.141780
trailingEps
13.050000
forwardEps
0.000000
METROBRAND's current ratio 2.568, suggesting the company has sufficient liquidity to service its short-term debt. With its cash reserves and current assets in good shape, METROBRAND can comfortably meet its immediate liabilities, reflecting a healthy financial standing. Metro Brands Limited's high forward PE suggests the stock may be overvalued, which could prevent further price gains and lead to a correction. This parameter should be carefully evaluated in context with other fundamental data to ensure a balanced view. METROBRAND's low earnings and revenue growth highlight a potential decline in profitability. This suggests that the company's financial health may be weakening, and profits could shrink as a result. METROBRAND's negative gross and operating margins suggest that the company is struggling to cover its production and operating costs, leading to losses. This reflects a weakened financial state and potential difficulties in sustaining profitability.
Price projections:
Price projections for METROBRAND Price projections for METROBRAND have consistently been revised upward, indicating positive sentiment toward the company. This gradual adjustment reflects growing confidence in METROBRAND's future potential and financial outlook among analysts.
Recommendation changes over time:
Recommendations trend for METROBRAND
Analysts have been favoring METROBRAND with a buy bias recently, signaling a promising investment opportunity. This optimistic outlook may attract more investors, positioning METROBRAND as a desirable option for those seeking to invest their money in a stable, profitable company with strong growth potential.
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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