Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Chairman of the Board Mir Ali was the last independent director to join the board, commencing their role in 2026. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Apr 25
Alif Manufacturing Company Ltd. to Report Q3, 2025 Results on Apr 28, 2025 Alif Manufacturing Company Ltd. announced that they will report Q3, 2025 results on Apr 28, 2025 Upcoming Dividend • Nov 17
Upcoming dividend of ৳0.10 per share Eligible shareholders must have bought the stock before 24 November 2024. Payment date: 28 January 2025. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Bangladeshi dividend payers (4.3%). Lower than average of industry peers (3.3%). Declared Dividend • Oct 31
Dividend of ৳0.10 announced Dividend of ৳0.10 is the same as last year. Ex-date: 24th November 2024 Payment date: 28th January 2025 Dividend yield will be 1.4%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 68% to shift the payout ratio to a potentially unsustainable range, which is more than the 13% EPS decline seen over the last 5 years. 공시 • Oct 29
Alif Manufacturing Company Ltd., Annual General Meeting, Dec 29, 2024 Alif Manufacturing Company Ltd., Annual General Meeting, Dec 29, 2024, at 13:00 Central Asia Standard Time. Location: hybrid system, gulshan club, dhaka, Bangladesh 공시 • Oct 23
Alif Manufacturing Company Ltd. to Report Fiscal Year 2024 Results on Oct 28, 2024 Alif Manufacturing Company Ltd. announced that they will report fiscal year 2024 results on Oct 28, 2024 New Risk • Aug 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Bangladeshi stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.7% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Market cap is less than US$100m (৳2.73b market cap, or US$23.2m). Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ৳9.10, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 27x in the Luxury industry in Bangladesh. Total loss to shareholders of 33% over the past three years. Reported Earnings • May 09
Third quarter 2024 earnings released: EPS: ৳0.09 (vs ৳0.08 in 3Q 2023) Third quarter 2024 results: EPS: ৳0.09 (up from ৳0.08 in 3Q 2023). Revenue: ৳450.6m (up 15% from 3Q 2023). Net income: ৳23.4m (up 10% from 3Q 2023). Profit margin: 5.2% (down from 5.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. 공시 • Apr 26
Alif Manufacturing Company Ltd. to Report Q3, 2024 Results on Apr 28, 2024 Alif Manufacturing Company Ltd. announced that they will report Q3, 2024 results on Apr 28, 2024 Reported Earnings • Feb 11
Second quarter 2024 earnings released: EPS: ৳0.05 (vs ৳0.13 in 2Q 2023) Second quarter 2024 results: EPS: ৳0.05 (down from ৳0.13 in 2Q 2023). Revenue: ৳260.2m (down 43% from 2Q 2023). Net income: ৳13.6m (down 57% from 2Q 2023). Profit margin: 5.2% (down from 6.8% in 2Q 2023). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ৳12.20, the stock trades at a trailing P/E ratio of 30.1x. Average trailing P/E is 36x in the Luxury industry in Bangladesh. Total returns to shareholders of 78% over the past three years. 공시 • Jan 29
Alif Manufacturing Company Ltd. to Report Q2, 2024 Results on Jan 30, 2024 Alif Manufacturing Company Ltd. announced that they will report Q2, 2024 results on Jan 30, 2024 Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ৳11.10, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 33x in the Luxury industry in Bangladesh. Total returns to shareholders of 37% over the past three years. Upcoming Dividend • Nov 26
Upcoming dividend of ৳0.10 per share at 0.8% yield Eligible shareholders must have bought the stock before 03 December 2023. Payment date: 28 January 2024. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of Bangladeshi dividend payers (3.4%). Lower than average of industry peers (2.6%). Reported Earnings • Nov 24
First quarter 2024 earnings released: EPS: ৳0.07 (vs ৳0.17 in 1Q 2023) First quarter 2024 results: EPS: ৳0.07 (down from ৳0.17 in 1Q 2023). Revenue: ৳499.8m (down 18% from 1Q 2023). Net income: ৳18.1m (down 58% from 1Q 2023). Profit margin: 3.6% (down from 7.0% in 1Q 2023). The decrease in margin was driven by lower revenue. 공시 • Nov 14
Alif Manufacturing Company Ltd. to Report Q1, 2024 Results on Nov 15, 2023 Alif Manufacturing Company Ltd. announced that they will report Q1, 2024 results on Nov 15, 2023 공시 • Oct 31
Alif Manufacturing Company Ltd., Annual General Meeting, Dec 28, 2023 Alif Manufacturing Company Ltd., Annual General Meeting, Dec 28, 2023, at 16:00 Bangladesh Standard Time. 공시 • Oct 24
Alif Manufacturing Company Ltd. to Report Fiscal Year 2023 Results on Oct 28, 2023 Alif Manufacturing Company Ltd. announced that they will report fiscal year 2023 results on Oct 28, 2023 Reported Earnings • May 10
Third quarter 2023 earnings released: EPS: ৳0.08 (vs ৳0.12 in 3Q 2022) Third quarter 2023 results: EPS: ৳0.08 (down from ৳0.12 in 3Q 2022). Revenue: ৳390.6m (up 2.8% from 3Q 2022). Net income: ৳21.2m (down 30% from 3Q 2022). Profit margin: 5.4% (down from 8.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Reported Earnings • Feb 08
Second quarter 2023 earnings released: EPS: ৳0.13 (vs ৳0.17 in 2Q 2022) Second quarter 2023 results: EPS: ৳0.13 (down from ৳0.17 in 2Q 2022). Revenue: ৳459.5m (down 34% from 2Q 2022). Net income: ৳31.3m (down 31% from 2Q 2022). Profit margin: 6.8% (up from 6.5% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 10 highly experienced directors. 2 independent directors (8 non-independent directors). Independent Director Kaushik Taposh was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공시 • Nov 01
Alif Manufacturing Company Ltd. Recommends Dividend for the Year Ended June 30, 2022 Alif Manufacturing Company Ltd. recommends 2% cash dividend only for General Shareholders for the year ended June 30, 2022. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 10 highly experienced directors. 2 independent directors (8 non-independent directors). Independent Director Kaushik Taposh was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Nov 24
Upcoming dividend of ৳0.35 per share Eligible shareholders must have bought the stock before 01 December 2021. Payment date: 30 January 2022. Trailing yield: 1.0%. Lower than top quartile of Bangladeshi dividend payers (3.0%). Lower than average of industry peers (2.5%). Is New 90 Day High Low • Jan 07
New 90-day high: ৳8.10 The company is up 3.0% from its price of ৳7.90 on 08 October 2020. The Bangladeshi market is up 13% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Luxury industry, which is down 5.0% over the same period. Is New 90 Day High Low • Nov 10
New 90-day low: ৳6.50 The company is down 7.0% from its price of ৳7.00 on 12 August 2020. The Bangladeshi market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 2.0% over the same period. 공시 • Oct 06
Alif Manufacturing Company Ltd. to Report Q3, 2020 Results on Aug 31, 2020 Alif Manufacturing Company Ltd. announced that they will report Q3, 2020 results on Aug 31, 2020