More about Metro Brands Limited
Fundamentals for Metro Brands Limited
Regulatory Filings 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 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 | 0.00000 |
|---|---|
| forwardPE | 57.94914 |
| debtToEquity | 77.87400 |
| earningsGrowth | 0.35800 |
| revenueGrowth | 0.15400 |
| grossMargins | 0.57848 |
| operatingMargins | 0.22803 |
| trailingEps | 14.28000 |
| forwardEps | 17.98905 |
METROBRAND's forward PE is too high, potentially limiting future gains and posing a risk of a price correction. This valuation must be carefully considered with other fundamental metrics to evaluate whether the stock is worth its current price.
With positive earnings and revenue growth, METROBRAND is on a path to expand its business. This strong financial performance suggests the company will continue to grow, as increasing profits and revenue highlight a healthy outlook.
METROBRAND's positive gross and operating margins indicate strong financial performance. These margins show that the company is profitable and efficient in its operations, with effective cost control contributing to its overall financial success.
METROBRAND's forward EPS being higher than its trailing EPS indicates that the company is expected to achieve greater profitability this financial year. This suggests improving earnings and a stronger financial position compared to the previous year's performance.
Price projections:
The price of Metro Brands Limited has consistently remained close to the lower end of price projections. This trend may reflect uncertainty in the market regarding the company's ability to deliver on growth expectations.
Recommendation changes over time:
METROBRAND has been receiving a buy bias from analysts, signaling strong confidence in the stock's future performance. This positive outlook might drive investors to view METROBRAND as an attractive option for their portfolios, positioning the company as a stable and profitable investment choice.
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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