Reported Earnings • Jun 05
Third quarter 2026 earnings released: ৳0.63 loss per share (vs ৳0.10 profit in 3Q 2025) Third quarter 2026 results: ৳0.63 loss per share (down from ৳0.10 profit in 3Q 2025). Revenue: ৳106.5m (down 87% from 3Q 2025). Net loss: ৳108.0m (down ৳124.8m from profit in 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. Board Change • May 20
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. 5 highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Ruhul Molla was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공시 • Apr 24
Fortune Shoes Ltd. to Report Q3, 2026 Results on Apr 28, 2026 Fortune Shoes Ltd. announced that they will report Q3, 2026 results on Apr 28, 2026 공시 • Jan 26
Fortune Shoes Ltd. to Report Q2, 2026 Results on Jan 28, 2026 Fortune Shoes Ltd. announced that they will report Q2, 2026 results on Jan 28, 2026 공시 • Jan 13
Fortune Shoes Ltd. to Report Q1, 2026 Results on Jan 15, 2026 Fortune Shoes Ltd. announced that they will report Q1, 2026 results on Jan 15, 2026 공시 • Nov 26
Fortune Shoes Ltd. announces Annual dividend, payable on January 29, 2026 Fortune Shoes Ltd. announced Annual dividend of BDT 0.0500 per share payable on January 29, 2026, ex-date on December 17, 2025 and record date on December 15, 2025. 공시 • Nov 25
Fortune Shoes Ltd., Annual General Meeting, Dec 30, 2025 Fortune Shoes Ltd., Annual General Meeting, Dec 30, 2025, at 10:00 Central Asia Standard Time. Location: hybrid system., Bangladesh 공시 • Nov 17
Fortune Shoes Ltd. to Report Fiscal Year 2025 Results on Nov 24, 2025 Fortune Shoes Ltd. announced that they will report fiscal year 2025 results on Nov 24, 2025 공시 • Apr 25
Fortune Shoes Ltd. to Report Q3, 2025 Results on Apr 28, 2025 Fortune Shoes Ltd. announced that they will report Q3, 2025 results on Apr 28, 2025 공시 • Jan 27
Fortune Shoes Ltd. to Report Q2, 2025 Results on Jan 28, 2025 Fortune Shoes Ltd. announced that they will report Q2, 2025 results on Jan 28, 2025 공시 • Nov 11
Fortune Shoes Ltd. to Report Q1, 2025 Results on Nov 13, 2024 Fortune Shoes Ltd. announced that they will report Q1, 2025 results on Nov 13, 2024 Declared Dividend • Oct 31
Dividend of ৳0.10 announced Shareholders will receive a dividend of ৳0.10. Ex-date: 1st December 2024 Payment date: 27th January 2025 Dividend yield will be 0.7%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (49% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.9% per year over the past 5 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 46% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.2% EPS decline seen over the last 5 years. 공시 • Oct 29
Fortune Shoes Ltd., Annual General Meeting, Dec 28, 2024 Fortune Shoes Ltd., Annual General Meeting, Dec 28, 2024, at 11:00 Central Asia Standard Time. Location: hybrid system, Bangladesh Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ৳13.80, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 20x in the Luxury industry in Bangladesh. Total loss to shareholders of 86% over the past three years. 공시 • Oct 21
Fortune Shoes Ltd. to Report Fiscal Year 2024 Results on Oct 28, 2024 Fortune Shoes Ltd. announced that they will report fiscal year 2024 results on Oct 28, 2024 Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ৳21.60, the stock trades at a trailing P/E ratio of 21.7x. Average trailing P/E is 24x in the Luxury industry in Bangladesh. Total loss to shareholders of 67% over the past three years. Valuation Update With 7 Day Price Move • Sep 01
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ৳31.40, the stock trades at a trailing P/E ratio of 31.6x. Average trailing P/E is 28x in the Luxury industry in Bangladesh. Total loss to shareholders of 46% over the past three years. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ৳33.90, the stock trades at a trailing P/E ratio of 34.1x. Average trailing P/E is 28x in the Luxury industry in Bangladesh. Total loss to shareholders of 2.2% over the past three years. 공시 • Apr 28
Fortune Shoes Ltd. to Report Q3, 2024 Results on Apr 29, 2024 Fortune Shoes Ltd. announced that they will report Q3, 2024 results on Apr 29, 2024 New Risk • Apr 02
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Bangladeshi stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.1% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (10.0% net profit margin). Market cap is less than US$100m (৳7.25b market cap, or US$66.2m). 공시 • Jan 26
Fortune Shoes Ltd. to Report Q2, 2024 Results on Jan 29, 2024 Fortune Shoes Ltd. announced that they will report Q2, 2024 results on Jan 29, 2024 New Risk • Jan 22
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ৳10.5b (US$95.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (10.0% net profit margin). Market cap is less than US$100m (৳10.5b market cap, or US$95.6m). Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ৳61.40, the stock trades at a trailing P/E ratio of 61.7x. Average trailing P/E is 33x in the Luxury industry in Bangladesh. Total returns to shareholders of 257% over the past three years. 공시 • Jan 02
Fortune Shoes Ltd. Approves Cash Dividend for the Year Ended June 30, 2023 Fortune Shoes Ltd. will be placed in 'B' category from existing 'A' category with effect from January 02, 2024 as the Company has approved 5% Cash Dividend for the year ended June 30, 2023. Upcoming Dividend • Nov 19
Upcoming dividend of ৳0.50 per share at 0.7% yield Eligible shareholders must have bought the stock before 26 November 2023. Payment date: 21 January 2024. Payout ratio is a comfortable 66% but the company is paying out more than the cash it is generating. Trailing yield: 0.7%. Lower than top quartile of Bangladeshi dividend payers (3.4%). Lower than average of industry peers (2.6%). 공시 • Oct 31
Fortune Shoes Ltd. Recommends Cash Dividend for the Year Ended June 30, 2023 The board of directors has recommended 5% cash dividend only for general shareholders other than sponsors and directors for the year ended June 30, 2023. 공시 • Oct 30
Fortune Shoes Ltd., Annual General Meeting, Dec 21, 2023 Fortune Shoes Ltd., Annual General Meeting, Dec 21, 2023. 공시 • Oct 24
Fortune Shoes Ltd. to Report Fiscal Year 2023 Results on Oct 28, 2023 Fortune Shoes Ltd. announced that they will report fiscal year 2023 results on Oct 28, 2023 New Risk • Jul 10
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 637% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (10.0% net profit margin). Reported Earnings • Jul 10
Third quarter 2023 earnings released: EPS: ৳0.09 (vs ৳0.54 in 3Q 2022) Third quarter 2023 results: EPS: ৳0.09 (down from ৳0.54 in 3Q 2022). Revenue: ৳406.0m (up 11% from 3Q 2022). Net income: ৳15.6m (down 83% from 3Q 2022). Profit margin: 3.8% (down from 25% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 77% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jan 11
Full year 2022 earnings released: EPS: ৳2.19 (vs ৳1.44 in FY 2021) Full year 2022 results: EPS: ৳2.19 (up from ৳1.44 in FY 2021). Revenue: ৳1.70b (up 21% from FY 2021). Net income: ৳374.1m (up 52% from FY 2021). Profit margin: 22% (up from 18% in FY 2021). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Nov 20
Upcoming dividend of ৳1.00 per share Eligible shareholders must have bought the stock before 27 November 2022. Payment date: 08 January 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Bangladeshi dividend payers (3.8%). Lower than average of industry peers (2.7%). 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. 1 experienced director. 4 highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Ruhul Molla was the last independent director to join the board, commencing their role in 2016. 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
Fortune Shoes Limited Recommends Cash Dividend for the Year Ended June 30, 2022 The board of directors of Fortune Shoes Limited has recommended 10% cash dividend for the year ended June 30, 2022. The record date is November 24, 2022 for entitlement of cash dividend. 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. 1 experienced director. 4 highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Ruhul Molla was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improved over the past week After last week's 15% share price gain to ৳141, the stock trades at a trailing P/E ratio of 48.9x. Average trailing P/E is 25x in the Luxury industry in Bangladesh. Total returns to shareholders of 461% over the past three years. Reported Earnings • Feb 16
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: ৳0.75 (up from ৳0.39 in 2Q 2021). Revenue: ৳384.8m (up 5.6% from 2Q 2021). Net income: ৳122.2m (up 95% from 2Q 2021). Profit margin: 32% (up from 17% in 2Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improved over the past week After last week's 17% share price gain to ৳108, the stock trades at a trailing P/E ratio of 46.5x. Average trailing P/E is 25x in the Luxury industry in Bangladesh. Total returns to shareholders of 361% over the past three years. Reported Earnings • Dec 23
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: EPS: ৳1.23 (up from ৳0.41 in 1Q 2021). Revenue: ৳596.8m (up 49% from 1Q 2021). Net income: ৳199.5m (up 197% from 1Q 2021). Profit margin: 33% (up from 17% in 1Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 59% per year, which means it is well ahead of earnings. Reported Earnings • Nov 22
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: ৳1.51 (up from ৳0.72 in FY 2020). Revenue: ৳1.40b (up 18% from FY 2020). Net income: ৳245.5m (up 109% from FY 2020). Profit margin: 18% (up from 9.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 61% per year, which means it is well ahead of earnings. Upcoming Dividend • Oct 31
Upcoming dividend of ৳1.00 per share Eligible shareholders must have bought the stock before 07 November 2021. Payment date: 09 January 2022. Trailing yield: 0.9%. Lower than top quartile of Bangladeshi dividend payers (2.7%). Lower than average of industry peers (1.9%). Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improved over the past week After last week's 17% share price gain to ৳87.70, the stock trades at a trailing P/E ratio of 72.9x. Average trailing P/E is 65x in the Luxury industry in Bangladesh. Total returns to shareholders of 292% over the past three years. Valuation Update With 7 Day Price Move • Sep 16
Investor sentiment improved over the past week After last week's 19% share price gain to ৳76.30, the stock trades at a trailing P/E ratio of 63.4x. Average trailing P/E is 58x in the Luxury industry in Bangladesh. Total returns to shareholders of 196% over the past three years. Is New 90 Day High Low • Dec 22
New 90-day high: ৳23.00 The company is up 49% from its price of ৳15.43 on 23 September 2020. The Bangladeshi market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is down 3.0% over the same period. Is New 90 Day High Low • Dec 08
New 90-day high: ৳19.40 The company is up 15% from its price of ৳16.90 on 09 September 2020. The Bangladeshi market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is down 4.0% over the same period. Upcoming Dividend • Dec 02
Upcoming Dividend of ৳0.50 Per Share Will be paid on the 24th of January to those who are registered shareholders by the 9th of December. The trailing yield of 3.1% is below the top quartile of Bangladeshi dividend payers (3.8%), but it is higher than industry peers (2.7%). 공시 • Nov 13
Fortune Shoes Limited, Annual General Meeting, Dec 23, 2020 Fortune Shoes Limited, Annual General Meeting, Dec 23, 2020, at 11:30 Bangladesh Standard Time. Is New 90 Day High Low • Nov 10
New 90-day high: ৳18.90 The company is up 12% from its price of ৳16.90 on 12 August 2020. The Bangladeshi market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 2.0% over the same period. 공시 • Nov 05
Fortune Shoes Limited to Report Fiscal Year 2020 Final Results on Nov 11, 2020 Fortune Shoes Limited announced that they will report fiscal year 2020 final results on Nov 11, 2020 공시 • Oct 17
Fortune Shoes Limited to Report Fiscal Year 2020 Results on Oct 22, 2020 Fortune Shoes Limited announced that they will report fiscal year 2020 results on Oct 22, 2020