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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 revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.
Financial Ratios:
| currentRatio | 2.890000 |
|---|---|
| forwardPE | 47.673534 |
| debtToEquity | 77.476000 |
| earningsGrowth | 0.232000 |
| revenueGrowth | 0.203000 |
| grossMargins | 0.579160 |
| operatingMargins | 0.199310 |
| trailingEps | 15.070000 |
| forwardEps | 21.632550 |
With a current ratio of 2.89, Metro Brands Limited has the liquidity needed to easily service its short-term debt. The company's cash reserves and current assets are sufficient, indicating that Metro Brands Limited is in a strong position to meet its immediate financial obligations without difficulty.
With both earnings and revenue growth showing positive trends, METROBRAND is expected to expand its business. This signals a healthy financial trajectory, suggesting that the company is positioned for continued growth and increasing profitability.
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 price has consistently hovered around the lower end of analysts' projections. This pattern may reflect concerns regarding the company's ability to achieve its anticipated growth.
Recommendation changes over time:
Analysts have shown a buy bias for METROBRAND, marking it as a favorable investment option. This could inspire investors to see METROBRAND as a strong place to park their money, given the positive outlook and growth potential associated with the stock in recent evaluations.
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