BDLA

Bangladesh LampsDSE:BDLAMPS Stock Report

Market Cap

৳2.4b

7D

10.3%

1Y

91.2%

Updated

18 Sep, 2021

Data

Company Financials
BDLAMPS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends1/6

BDLAMPS Overview

Bangladesh Lamps Limited manufactures and sells lighting products in Bangladesh.

Price History & Performance

Summary of all time highs, changes and price drops for Bangladesh Lamps
Historical stock prices
Current Share Price৳255.30
52 Week High৳114.00
52 Week Low৳266.00
Beta0.30
1 Month Change36.31%
3 Month Change46.39%
1 Year Change91.24%
3 Year Change11.49%
5 Year Change36.74%
Change since IPO141.38%

Recent News & Updates

Shareholder Returns

BDLAMPSBD ElectricalBD Market
7D10.3%-0.9%-2.2%
1Y91.2%60.7%34.4%

Return vs Industry: BDLAMPS exceeded the BD Electrical industry which returned 60.7% over the past year.

Return vs Market: BDLAMPS exceeded the BD Market which returned 34.4% over the past year.

Price Volatility

Is BDLAMPS's price volatile compared to industry and market?
BDLAMPS volatility
BDLAMPS Beta0.30
Industry Beta0.88
Market Beta1

Stable Share Price: BDLAMPS is not significantly more volatile than the rest of BD stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: BDLAMPS's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1960322Simeen Rahmanhttps://www.bll.com.bd

Bangladesh Lamps Limited manufactures and sells lighting products in Bangladesh. The company offers electric bulbs under the Phillips and Transtec brand names; and compact fluorescent lamps, as well as luminaire, starters and light emitting diodes, and fluorescent tube lights under the Transtec brand name. It also imports and sells ballasts.

Bangladesh Lamps Fundamentals Summary

How do Bangladesh Lamps's earnings and revenue compare to its market cap?
BDLAMPS fundamental statistics
Market Cap৳2.39b
Earnings (TTM)৳16.95m
Revenue (TTM)৳1.18b

141.1x

P/E Ratio

2.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BDLAMPS income statement (TTM)
Revenue৳1.18b
Cost of Revenue৳922.11m
Gross Profit৳259.71m
Expenses৳242.76m
Earnings৳16.95m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.81
Gross Margin21.98%
Net Profit Margin1.43%
Debt/Equity Ratio54.3%

How did BDLAMPS perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

55%

Payout Ratio

Valuation

Is Bangladesh Lamps undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BDLAMPS (BDT255.3) is trading below our estimate of fair value (BDT1319.82)

Significantly Below Fair Value: BDLAMPS is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BDLAMPS is poor value based on its PE Ratio (141.1x) compared to the Asian Electrical industry average (26.7x).

PE vs Market: BDLAMPS is poor value based on its PE Ratio (141.1x) compared to the BD market (26.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BDLAMPS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BDLAMPS is overvalued based on its PB Ratio (3.4x) compared to the XA Electrical industry average (2.1x).


Future Growth

How is Bangladesh Lamps forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

27.0%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Bangladesh Lamps has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Bangladesh Lamps performed over the past 5 years?

-50.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BDLAMPS has high quality earnings.

Growing Profit Margin: BDLAMPS became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: BDLAMPS's earnings have declined by 50.8% per year over the past 5 years.

Accelerating Growth: BDLAMPS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: BDLAMPS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electrical industry (29.6%).


Return on Equity

High ROE: BDLAMPS's Return on Equity (2.4%) is considered low.


Financial Health

How is Bangladesh Lamps's financial position?


Financial Position Analysis

Short Term Liabilities: BDLAMPS's short term assets (BDT1.0B) exceed its short term liabilities (BDT839.5M).

Long Term Liabilities: BDLAMPS's short term assets (BDT1.0B) exceed its long term liabilities (BDT79.3M).


Debt to Equity History and Analysis

Debt Level: BDLAMPS's debt to equity ratio (54.3%) is considered high.

Reducing Debt: BDLAMPS's debt to equity ratio has increased from 43.4% to 54.3% over the past 5 years.

Debt Coverage: BDLAMPS's debt is well covered by operating cash flow (51.4%).

Interest Coverage: BDLAMPS earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Bangladesh Lamps's current dividend yield, its reliability and sustainability?

0.39%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BDLAMPS's dividend (0.39%) isn’t notable compared to the bottom 25% of dividend payers in the BD market (0.84%).

High Dividend: BDLAMPS's dividend (0.39%) is low compared to the top 25% of dividend payers in the BD market (2.41%).


Stability and Growth of Payments

Stable Dividend: BDLAMPS's dividend payments have been volatile in the past 10 years.

Growing Dividend: BDLAMPS's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (55.3%), BDLAMPS's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

12.4yrs

Average board tenure


CEO

Simeen Rahman

1

Tenure

Mrs. Simeen Hossain Rahman serves as Managing Director and Chief Executive Officer at Bangladesh Lamps Limited since September 15, 2020. She serves as a Director of Bangladesh Lamps Limited since April 19,...


Board Members

Experienced Board: BDLAMPS's board of directors are seasoned and experienced ( 12.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Bangladesh Lamps Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Bangladesh Lamps Limited
  • Ticker: BDLAMPS
  • Exchange: DSE
  • Founded: 1960
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: ৳2.392b
  • Shares outstanding: 9.37m
  • Website: https://www.bll.com.bd

Number of Employees


Location

  • Bangladesh Lamps Limited
  • Sadar Road
  • Mohakhali
  • Dhaka
  • 1206
  • Bangladesh

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/18 10:32
End of Day Share Price2021/09/16 00:00
Earnings2021/03/31
Annual Earnings2020/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.