Financials Fortune Shoes Ltd.

Equities

FORTUNE

BD0637FRSL08

Footwear

End-of-day quote Dhaka S.E. 06:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
36.6 BDT -2.66% Intraday chart for Fortune Shoes Ltd. -12.86% -51.65%

Valuation

Fiscal Period: June 2017 2018 2019 2020 2021 2022
Capitalization 1 5,067 3,166 4,408 2,344 6,919 15,165
Enterprise Value (EV) 1 5,122 3,210 4,426 2,451 7,014 15,223
P/E ratio 25.8 x 15.7 x 20.7 x 20 x 28.1 x 40.5 x
Yield - - - 3.14% 2.24% 1.07%
Capitalization / Revenue 3.55 x 2.3 x 2.86 x 1.97 x 4.93 x 8.89 x
EV / Revenue 3.59 x 2.33 x 2.87 x 2.06 x 4.99 x 8.93 x
EV / EBITDA 17.4 x 11.4 x 14.3 x 12.6 x 21.2 x 50 x
EV / FCF -22.8 x -63.5 x -93.8 x -21.8 x -121 x 501 x
FCF Yield -4.38% -1.57% -1.07% -4.59% -0.83% 0.2%
Price to Book 3.43 x 1.87 x 2.37 x 1.17 x 3.14 x 6.52 x
Nbr of stocks (in thousands) 166,323 166,323 166,323 170,662 170,662 170,662
Reference price 2 30.46 19.03 26.50 13.74 40.54 88.86
Announcement Date 11/7/17 8/29/18 11/11/20 11/11/20 10/11/22 1/9/23
1BDT in Million2BDT
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2017 2018 2019 2020 2021 2022
Net sales 1 1,428 1,378 1,541 1,191 1,404 1,705
EBITDA 1 294.7 281.1 308.7 193.8 331 304.3
EBIT 1 244 232.1 250 137.4 268.4 233.8
Operating Margin 17.08% 16.84% 16.23% 11.54% 19.11% 13.71%
Earnings before Tax (EBT) 1 226.6 230.9 249.8 134 285.9 433
Net income 1 186.7 202 218.6 117.2 246.5 374.1
Net margin 13.07% 14.66% 14.18% 9.84% 17.55% 21.94%
EPS 2 1.183 1.215 1.281 0.6868 1.445 2.192
Free Cash Flow 1 -224.3 -50.52 -47.17 -112.6 -58.1 30.41
FCF margin -15.71% -3.66% -3.06% -9.46% -4.14% 1.78%
FCF Conversion (EBITDA) - - - - - 10%
FCF Conversion (Net income) - - - - - 8.13%
Dividend per Share - - - 0.4319 0.9070 0.9524
Announcement Date 11/7/17 8/29/18 11/11/20 11/11/20 10/11/22 1/9/23
1BDT in Million2BDT
Estimates

Balance Sheet Analysis

Fiscal Period: June 2017 2018 2019 2020 2021 2022
Net Debt 1 55.1 44 17.9 107 94.2 58.7
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.1871 x 0.1565 x 0.058 x 0.5528 x 0.2846 x 0.193 x
Free Cash Flow 1 -224 -50.5 -47.2 -113 -58.1 30.4
ROE (net income / shareholders' equity) 14.6% 12.7% 12.1% 5.98% 11.7% 16.5%
ROA (Net income/ Total Assets) 10.5% 8.26% 7.92% 3.92% 6.85% 5.37%
Assets 1 1,781 2,447 2,759 2,991 3,601 6,971
Book Value Per Share 2 8.890 10.20 11.20 11.80 12.90 13.60
Cash Flow per Share 2 0.2100 0.0500 0.1900 0.1600 0.1900 0.1000
Capex 1 245 71.8 138 127 123 1.38
Capex / Sales 17.14% 5.21% 8.99% 10.63% 8.73% 0.08%
Announcement Date 11/7/17 8/29/18 11/11/20 11/11/20 10/11/22 1/9/23
1BDT in Million2BDT
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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