Board Change • 12h
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. 7 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Chairman Mohammad Khokon was the last director to join the board, commencing their role in 2019. 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 12
Metro Spinning Limited, Annual General Meeting, Dec 29, 2025 Metro Spinning Limited, Annual General Meeting, Dec 29, 2025, at 11:00 Central Asia Standard Time. Location: hybrid system, Bangladesh 공시 • Nov 03
Metro Spinning Limited to Report Fiscal Year 2025 Results on Nov 11, 2025 Metro Spinning Limited announced that they will report fiscal year 2025 results on Nov 11, 2025 공시 • Apr 24
Metro Spinning Limited to Report Q3, 2025 Results on Apr 29, 2025 Metro Spinning Limited announced that they will report Q3, 2025 results on Apr 29, 2025 공시 • Jan 27
Metro Spinning Limited to Report Q2, 2025 Results on Jan 30, 2025 Metro Spinning Limited announced that they will report Q2, 2025 results on Jan 30, 2025 공시 • Nov 12
Metro Spinning Limited to Report Q1, 2025 Results on Nov 13, 2024 Metro Spinning Limited announced that they will report Q1, 2025 results on Nov 13, 2024 Buy Or Sell Opportunity • Nov 06
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 48% to ৳9.90. The fair value is estimated to be ৳12.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 42% over the last 3 years. Meanwhile, the company became loss making. 공시 • Oct 29
Metro Spinning Limited, Annual General Meeting, Dec 23, 2024 Metro Spinning Limited, Annual General Meeting, Dec 23, 2024, at 11:00 Central Asia Standard Time. Location: hybrid system, Bangladesh 공시 • Oct 21
Metro Spinning Limited to Report Fiscal Year 2024 Results on Oct 28, 2024 Metro Spinning Limited announced that they will report fiscal year 2024 results on Oct 28, 2024 Buy Or Sell Opportunity • Oct 20
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 45% to ৳9.60. The fair value is estimated to be ৳12.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 42% over the last 3 years. Meanwhile, the company became loss making. New Risk • Sep 29
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 7.7% 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 Risks Earnings have declined by 52% per year over the past 5 years. Revenue is less than US$1m (৳62m revenue, or US$519k). Market cap is less than US$10m (৳709.5m market cap, or US$5.91m). Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change). Buy Or Sell Opportunity • Aug 29
Now 20% overvalued Over the last 90 days, the stock has fallen 2.8% to ৳17.40. The fair value is estimated to be ৳14.49, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 42% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Aug 07
Now 21% overvalued Over the last 90 days, the stock has fallen 11% to ৳17.80. The fair value is estimated to be ৳14.75, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 42% over the last 3 years. Meanwhile, the company became loss making. New Risk • Jun 19
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 7.7% 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 Risks Share price has been highly volatile over the past 3 months (7.7% average weekly change). Earnings have declined by 52% per year over the past 5 years. Revenue is less than US$1m (৳62m revenue, or US$531k). Market cap is less than US$10m (৳1.04b market cap, or US$8.89m). New Risk • May 10
New major risk - Revenue size The company makes less than US$1m in revenue. Total revenue: ৳62m (US$532k) This is considered a major risk. Companies with a small amount of revenue 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: Major Risks Earnings have declined by 52% per year over the past 5 years. Revenue is less than US$1m (৳62m revenue, or US$532k). Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (৳1.23b market cap, or US$10.5m). 공시 • Apr 26
Metro Spinning Limited to Report Q3, 2024 Results on Apr 29, 2024 Metro Spinning Limited announced that they will report Q3, 2024 results on Apr 29, 2024 New Risk • Mar 27
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ৳1.07b (US$9.79m) This is considered a major 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: Major Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Earnings have declined by 43% per year over the past 5 years. Market cap is less than US$10m (৳1.07b market cap, or US$9.79m). Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Revenue is less than US$5m (৳114m revenue, or US$1.0m). Reported Earnings • Feb 11
Second quarter 2024 earnings released: ৳0.46 loss per share (vs ৳0.47 profit in 2Q 2023) Second quarter 2024 results: ৳0.46 loss per share (down from ৳0.47 profit in 2Q 2023). Net loss: ৳28.2m (down 198% from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 134 percentage points per year, which is a significant difference in performance. 공시 • Jan 24
Metro Spinning Limited to Report Q2, 2024 Results on Jan 29, 2024 Metro Spinning Limited announced that they will report Q2, 2024 results on Jan 29, 2024 New Risk • Dec 11
New major risk - Revenue and earnings growth Earnings have declined by 25% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.4% operating cash flow to total debt). Earnings have declined by 25% per year over the past 5 years. Minor Risks Revenue is less than US$5m (৳367m revenue, or US$3.3m). Market cap is less than US$100m (৳1.56b market cap, or US$14.2m). 공시 • Oct 31
Metro Spinning Limited Recommends No Dividend for the Year Ended June 30, 2023 Metro Spinning Limited announced the board of directors has recommended No Dividend for the year ended June 30, 2023. Valuation Update With 7 Day Price Move • Sep 18
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ৳30.40, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 27x in the Luxury industry in Bangladesh. Total returns to shareholders of 264% over the past three years. Valuation Update With 7 Day Price Move • Aug 13
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ৳36.90, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 26x in the Luxury industry in Bangladesh. Total returns to shareholders of 323% over the past three years. New Risk • Aug 10
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (2.5% operating cash flow to total debt). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Market cap is less than US$100m (৳2.49b market cap, or US$22.8m). Valuation Update With 7 Day Price Move • May 31
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ৳36.60, the stock trades at a trailing P/E ratio of 24.2x. Average trailing P/E is 29x in the Luxury industry in Bangladesh. Total returns to shareholders of 344% over the past three years. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ৳37.30, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 25x in the Luxury industry in Bangladesh. Total returns to shareholders of 352% over the past three years. Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ৳31.50, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 25x in the Luxury industry in Bangladesh. Total returns to shareholders of 231% over the past three years. Reported Earnings • Feb 08
Second quarter 2023 earnings released: EPS: ৳0.47 (vs ৳0.45 in 2Q 2022) Second quarter 2023 results: EPS: ৳0.47 (up from ৳0.45 in 2Q 2022). Revenue: ৳253.3m (up 2.0% from 2Q 2022). Net income: ৳28.8m (up 4.6% from 2Q 2022). Profit margin: 11% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has increased by 79% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ৳43.90, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 23x in the Luxury industry in Bangladesh. Total returns to shareholders of 503% over the past three years. Reported Earnings • Dec 03
First quarter 2023 earnings released: EPS: ৳0.51 (vs ৳0.40 in 1Q 2022) First quarter 2023 results: EPS: ৳0.51 (up from ৳0.40 in 1Q 2022). Revenue: ৳194.4m (down 32% from 1Q 2022). Net income: ৳31.7m (up 28% from 1Q 2022). Profit margin: 16% (up from 8.7% in 1Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has increased by 86% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Nov 17
Upcoming dividend of ৳0.30 per share Eligible shareholders must have bought the stock before 24 November 2022. Payment date: 29 January 2023. Trailing yield: 0.6%. 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 Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Mijanur Rahman was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improved over the past week After last week's 18% share price gain to ৳52.70, the stock trades at a trailing P/E ratio of 38.2x. Average trailing P/E is 23x in the Luxury industry in Bangladesh. Total returns to shareholders of 747% over the past three years. 공시 • Nov 01
Metro Spinning Limited Announces Dividend Declaration for the Year Ended June 30, 2022 The Board of Directors of Metro Spinning Limited has recommended 3% Cash and 5% Stock Dividend for the year ended June 30, 2022. The Stock Dividend is subject to the approval of BSEC. Date of AGM: 28.12.2022, Record Date: November 23, 2022. Another record date for entitlement of Stock Dividend will be notified later after getting approval from BSEC. Valuation Update With 7 Day Price Move • Oct 02
Investor sentiment improved over the past week After last week's 18% share price gain to ৳51.70, the stock trades at a trailing P/E ratio of 39.4x. Average trailing P/E is 23x in the Luxury industry in Bangladesh. Total returns to shareholders of 829% over the past three years. Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment improved over the past week After last week's 20% share price gain to ৳31.10, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 24x in the Luxury industry in Bangladesh. Total returns to shareholders of 344% over the past three years. Reported Earnings • May 29
Third quarter 2022 earnings released: EPS: ৳0.16 (vs ৳0.40 in 3Q 2021) Third quarter 2022 results: EPS: ৳0.16 (down from ৳0.40 in 3Q 2021). Revenue: ৳195.7m (down 37% from 3Q 2021). Net income: ৳10.2m (down 61% from 3Q 2021). Profit margin: 5.2% (down from 8.3% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Mijanur Rahman was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment improved over the past week After last week's 15% share price gain to ৳24.10, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 26x in the Luxury industry in Bangladesh. Total returns to shareholders of 258% over the past three years. Reported Earnings • Feb 06
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: ৳0.43 (up from ৳0.14 in 2Q 2021). Revenue: ৳248.2m (up 17% from 2Q 2021). Net income: ৳27.5m (up 191% from 2Q 2021). Profit margin: 11% (up from 4.5% in 2Q 2021). 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 increased by 94% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment improved over the past week After last week's 24% share price gain to ৳25.10, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 32x in the Luxury industry in Bangladesh. Total returns to shareholders of 254% over the past three years. Reported Earnings • Nov 23
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: ৳0.94 (up from ৳0.073 in FY 2020). Revenue: ৳995.2m (up 47% from FY 2020). Net income: ৳60.9m (up ৳56.2m from FY 2020). Profit margin: 6.1% (up from 0.7% 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 increased by 70% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 31
Investor sentiment improved over the past week After last week's 16% share price gain to ৳25.60, the stock trades at a trailing P/E ratio of 29.6x. Average trailing P/E is 66x in the Luxury industry in Bangladesh. Total returns to shareholders of 205% over the past three years. Reported Earnings • Sep 20
Third quarter 2021 earnings released: EPS ৳0.42 (vs ৳0.20 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ৳310.6m (up 83% from 3Q 2020). Net income: ৳25.8m (up ৳38.0m from 3Q 2020). Profit margin: 8.3% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 56% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 30
Investor sentiment improved over the past week After last week's 18% share price gain to ৳16.10, the stock trades at a trailing P/E ratio of 65.3x. Average trailing P/E is 29x in the Luxury industry in Bangladesh. Total returns to shareholders of 78% over the past three years. Valuation Update With 7 Day Price Move • May 05
Investor sentiment improved over the past week After last week's 23% share price gain to ৳10.00, the stock trades at a trailing P/E ratio of 40.5x. Average trailing P/E is 27x in the Luxury industry in Bangladesh. Total loss to shareholders of 8.3% over the past three years. Is New 90 Day High Low • Mar 16
New 90-day low: ৳8.50 The company is down 9.0% from a price of ৳9.30 on 15 December 2020. Underperformed the Bangladeshi market, which is up 8.0% over the last 90 days. Lagged the Luxury industry, which is down 3.0% over the same period. Reported Earnings • Feb 01
Second quarter 2021 earnings released: EPS ৳0.15 (vs ৳0.07 in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ৳212.4m (down 8.3% from 2Q 2020). Net income: ৳9.46m (up 128% from 2Q 2020). Profit margin: 4.5% (up from 1.8% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Dec 26
First quarter 2021 earnings released: EPS ৳0.05 The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: ৳148.2m (down 13% from 1Q 2020). Net income: ৳2.99m (up ৳5.31m from 1Q 2020). Profit margin: 2.0% (up from net loss in 1Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Dec 13
Full year 2020 earnings released: EPS ৳0.08 The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: ৳676.7m (down 25% from FY 2019). Net income: ৳4.74m (down 63% from FY 2019). Profit margin: 0.7% (down from 1.4% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Dec 10
New 90-day high: ৳9.50 The company is up 10.0% from its price of ৳8.60 on 10 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. 공시 • Nov 10
Metro Spinning Limited to Report Q1, 2021 Results on Nov 11, 2020 Metro Spinning Limited announced that they will report Q1, 2021 results on Nov 11, 2020