Ring Shine Textiles Limited

DSE:RINGSHINE Stock Report

Market Cap: ৳2.1b

Ring Shine Textiles Valuation

Is RINGSHINE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of RINGSHINE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: RINGSHINE (BDT4.2) is trading above our estimate of fair value (BDT0.81)

Significantly Below Fair Value: RINGSHINE is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for RINGSHINE?

Key metric: As RINGSHINE is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for RINGSHINE. This is calculated by dividing RINGSHINE's market cap by their current revenue.
What is RINGSHINE's PS Ratio?
PS Ratio1.3x
Sales৳1.57b
Market Cap৳2.10b

Price to Sales Ratio vs Peers

How does RINGSHINE's PS Ratio compare to its peers?

The above table shows the PS ratio for RINGSHINE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1x
ALIF Alif Manufacturing
1.1xn/a৳1.7b
QUEENSOUTH Queen South Textile Mills
0.5xn/a৳2.0b
ACFL Aman Cotton Fibrous
1xn/a৳1.9b
HWAWELLTEX Hwa Well Textiles (BD)
1.5xn/a৳2.2b
RINGSHINE Ring Shine Textiles
1.3xn/a৳2.1b

Price-To-Sales vs Peers: RINGSHINE is expensive based on its Price-To-Sales Ratio (1.3x) compared to the peer average (1x).


Price to Sales Ratio vs Industry

How does RINGSHINE's PS Ratio compare vs other companies in the BD Luxury Industry?

0 CompaniesPrice / SalesEstimated GrowthMarket Cap
No more companies available in this PS range
RINGSHINE 1.3xIndustry Avg. 0.9xNo. of Companies8PS00.61.21.82.43+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: RINGSHINE is expensive based on its Price-To-Sales Ratio (1.3x) compared to the BD Luxury industry average (0.9x).


Price to Sales Ratio vs Fair Ratio

What is RINGSHINE's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

RINGSHINE PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.3x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate RINGSHINE's Price-To-Sales Fair Ratio for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


Discover undervalued companies