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Matin Spinning Mills DSE:MATINSPINN Stock Report

Last Price

৳46.00

Market Cap

৳4.5b

7D

-2.3%

1Y

-40.7%

Updated

21 Dec, 2024

Data

Company Financials

Matin Spinning Mills PLC

DSE:MATINSPINN Stock Report

Market Cap: ৳4.5b

MATINSPINN Stock Overview

Manufactures and sells various types of cotton, viscose, polyester, melange, and their blend yarns in Bangladesh. More details

MATINSPINN fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health2/6
Dividends3/6

Rewards

Price-To-Earnings ratio (11.3x) is below the BD market (17.9x)

Earnings grew by 213.6% over the past year

Risk Analysis

Dividend of 10.87% is not well covered by earnings or free cash flows

Interest payments are not well covered by earnings

Highly volatile share price over the past 3 months compared to the BD market

Does not have a meaningful market cap (BDT4B)


My Notes

Capture your thoughts, links and company narrative

Matin Spinning Mills PLC Competitors

Alif Industries

DSE:AIL

৳4.4b

Malek Spinning Mills

DSE:MALEKSPIN

৳4.8b

Envoy Textiles

DSE:ENVOYTEX

৳6.6b

Tamijuddin Textile Mills

DSE:TAMIJTEX

৳3.3b

Price History & Performance

Summary of share price highs, lows and changes for Matin Spinning Mills
Historical stock prices
Current Share Price৳46.00
52 Week High৳77.60
52 Week Low৳37.80
Beta0
1 Month Change-0.65%
3 Month Change1.10%
1 Year Change-40.72%
3 Year Change-17.41%
5 Year Change44.65%
Change since IPO9.79%

Recent News & Updates

Recent updates

Shareholder Returns

MATINSPINNBD LuxuryBD Market
7D-2.3%0.5%2.1%
1Y-40.7%-33.1%-21.0%

Return vs Industry: MATINSPINN underperformed the BD Luxury industry which returned -33.1% over the past year.

Return vs Market: MATINSPINN underperformed the BD Market which returned -21% over the past year.

Price Volatility

Is MATINSPINN's price volatile compared to industry and market?
MATINSPINN volatility
MATINSPINN Average Weekly Movement9.3%
Luxury Industry Average Movement7.2%
Market Average Movement6.6%
10% most volatile stocks in BD Market9.0%
10% least volatile stocks in BD Market3.5%

Stable Share Price: MATINSPINN's share price has been volatile over the past 3 months compared to the BD market.

Volatility Over Time: MATINSPINN's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of BD stocks.

About the Company

FoundedEmployeesCEOWebsite
20022,252Md. Jabbarwww.matinspinning.com

Matin Spinning Mills PLC manufactures and sells various types of cotton, viscose, polyester, melange, and their blend yarns in Bangladesh. It offers combed, carded cotton, slub, synthetic, vortex, open end, and twisted yarns. The company also provides regular, sustainable, injected, neppy, siro, and snow yarns.

Matin Spinning Mills PLC Fundamentals Summary

How do Matin Spinning Mills's earnings and revenue compare to its market cap?
MATINSPINN fundamental statistics
Market cap৳4.48b
Earnings (TTM)৳397.21m
Revenue (TTM)৳8.42b

11.3x

P/E Ratio

0.5x

P/S Ratio

Is MATINSPINN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MATINSPINN income statement (TTM)
Revenue৳8.42b
Cost of Revenue৳7.27b
Gross Profit৳1.15b
Other Expenses৳757.68m
Earnings৳397.21m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)4.07
Gross Margin13.71%
Net Profit Margin4.72%
Debt/Equity Ratio96.7%

How did MATINSPINN perform over the long term?

See historical performance and comparison

Dividends

10.9%

Current Dividend Yield

123%

Payout Ratio

Does MATINSPINN pay a reliable dividends?

See MATINSPINN dividend history and benchmarks
When do you need to buy MATINSPINN by to receive an upcoming dividend?
Matin Spinning Mills dividend dates
Ex Dividend DateNov 18 2024
Dividend Pay DateJan 05 2025
Days until Ex dividend34 days
Days until Dividend pay date14 days

Does MATINSPINN pay a reliable dividends?

See MATINSPINN dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 06:36
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Matin Spinning Mills PLC is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullBRAC EPL Stock Brokerage Ltd