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 METROBRAND is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.
Financial Ratios:
currentRatio
2.89800
forwardPE
55.49830
debtToEquity
70.60400
earningsGrowth
-0.39000
revenueGrowth
0.10300
grossMargins
0.57690
operatingMargins
0.19775
trailingEps
12.79000
forwardEps
0.00000
Metro Brands Limited's current ratio of 2.898 indicates strong liquidity, meaning the company can comfortably meet its short-term debt obligations. This financial position reflects Metro Brands Limited's ability to use its cash reserves and current assets to cover liabilities without facing any cash flow issues. METROBRAND's forward PE is too high, signaling potential overvaluation. This could cap future price increases and trigger a correction. Investors should carefully analyze this metric along with other fundamental indicators before making investment decisions. METROBRAND's low earnings and revenue growth suggest that the company may face shrinking profits. This could indicate underlying financial challenges, making it difficult for METROBRAND to sustain its current profitability. METROBRAND's negative gross and operating margins reflect unprofitability, suggesting the company is unable to generate revenue sufficient to cover its costs. This could indicate deeper financial challenges or declining efficiency.
Price projections:
Price projections for METROBRAND Over time, Metro Brands Limited's price projections have been gradually lowered, signaling declining confidence in the company's future outlook. The downward revisions suggest analysts are becoming more cautious about Metro Brands Limited's potential for growth.
Recommendation changes over time:
Recommendations trend for METROBRAND
With analysts showing a buy bias for Metro Brands Limited, investors may be more inclined to see the stock as an attractive investment. The favorable outlook could spur increased interest, positioning Metro Brands Limited as a safe and profitable place for investors to allocate their funds and seek growth.
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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