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Reckitt Benckiser (Bangladesh)

Market Cap

৳21.7b

Last Updated

2021/04/21 10:31 UTC

Data Sources

Company Financials +

Executive Summary

Reckitt Benckiser (Bangladesh) Limited manufactures and markets household, toiletries, and pharmaceuticals products in Bangladesh. More Details


Snowflake Analysis

Outstanding track record with flawless balance sheet and pays a dividend.

Share Price & News

How has Reckitt Benckiser (Bangladesh)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: RECKITTBEN is not significantly more volatile than the rest of BD stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: RECKITTBEN's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

0.06%

RECKITTBEN

-1.2%

BD Household Products

2.5%

BD Market


1 Year Return

n/a

RECKITTBEN

5.4%

BD Household Products

34.9%

BD Market

Return vs Industry: Insufficient data to determine how RECKITTBEN performed against the BD Household Products industry.

Return vs Market: Insufficient data to determine how RECKITTBEN performed against the BD Market.


Shareholder returns

RECKITTBENIndustryMarket
7 Day0.06%-1.2%2.5%
30 Day-3.6%-5.1%-0.9%
90 Day12.3%-11.1%-6.0%
1 Yearn/a6.8%5.4%38.4%34.9%
3 Year165.0%139.5%8.1%2.8%8.7%-2.7%
5 Year248.0%191.6%30.5%20.7%59.1%33.2%

Long-Term Price Volatility Vs. Market

How volatile is Reckitt Benckiser (Bangladesh)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Reckitt Benckiser (Bangladesh) undervalued compared to its fair value and its price relative to the market?

33.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: RECKITTBEN (BDT4589.5) is trading below our estimate of fair value (BDT6903.6)

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


Price To Earnings Ratio

PE vs Industry: RECKITTBEN is poor value based on its PE Ratio (29.7x) compared to the XA Household Products industry average (17.2x).

PE vs Market: RECKITTBEN is poor value based on its PE Ratio (29.7x) compared to the BD market (19.4x).


Price to Earnings Growth Ratio

PEG Ratio: RECKITTBEN is poor value based on its PEG Ratio (1.9x)


Price to Book Ratio

PB vs Industry: RECKITTBEN is overvalued based on its PB Ratio (42.1x) compared to the XA Household Products industry average (2.4x).


Future Growth

How is Reckitt Benckiser (Bangladesh) forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

15.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RECKITTBEN's forecast earnings growth (15.5% per year) is above the savings rate (3.7%).

Earnings vs Market: RECKITTBEN's earnings (15.5% per year) are forecast to grow faster than the BD market (11.8% per year).

High Growth Earnings: RECKITTBEN's earnings are forecast to grow, but not significantly.

Revenue vs Market: RECKITTBEN's revenue (12.7% per year) is forecast to grow faster than the BD market (9.2% per year).

High Growth Revenue: RECKITTBEN's revenue (12.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: RECKITTBEN's Return on Equity is forecast to be very high in 3 years time (92.7%).


Past Performance

How has Reckitt Benckiser (Bangladesh) performed over the past 5 years?

22.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RECKITTBEN has high quality earnings.

Growing Profit Margin: RECKITTBEN's current net profit margins (15.1%) are higher than last year (11.3%).


Past Earnings Growth Analysis

Earnings Trend: RECKITTBEN's earnings have grown significantly by 22.5% per year over the past 5 years.

Accelerating Growth: RECKITTBEN's earnings growth over the past year (59.9%) exceeds its 5-year average (22.5% per year).

Earnings vs Industry: RECKITTBEN earnings growth over the past year (59.9%) exceeded the Household Products industry 35.8%.


Return on Equity

High ROE: RECKITTBEN's Return on Equity (141.7%) is considered outstanding.


Financial Health

How is Reckitt Benckiser (Bangladesh)'s financial position?


Financial Position Analysis

Short Term Liabilities: RECKITTBEN's short term assets (BDT2.5B) exceed its short term liabilities (BDT2.4B).

Long Term Liabilities: RECKITTBEN's short term assets (BDT2.5B) exceed its long term liabilities (BDT319.7M).


Debt to Equity History and Analysis

Debt Level: RECKITTBEN is debt free.

Reducing Debt: RECKITTBEN has not had any debt for past 5 years.

Debt Coverage: RECKITTBEN has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: RECKITTBEN has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Reckitt Benckiser (Bangladesh) current dividend yield, its reliability and sustainability?

2.72%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: RECKITTBEN's dividend (2.72%) is higher than the bottom 25% of dividend payers in the BD market (1.21%).

High Dividend: RECKITTBEN's dividend (2.72%) is low compared to the top 25% of dividend payers in the BD market (3.61%).


Stability and Growth of Payments

Stable Dividend: RECKITTBEN's dividends per share have been stable in the past 10 years.

Growing Dividend: RECKITTBEN's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (80.9%), RECKITTBEN's 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?

3.0yrs

Average board tenure


CEO

Vishal Gupta

no data

Tenure

Mr. Vishal Gupta is Managing Director of Reckitt Benckiser (Bangladesh) Limited and has been its Director since May 01, 2016.


Board Members

Experienced Board: RECKITTBEN's board of directors are considered experienced (3 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

Reckitt Benckiser (Bangladesh) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Reckitt Benckiser (Bangladesh) Limited
  • Ticker: RECKITTBEN
  • Exchange: DSE
  • Founded: 1961
  • Industry: Household Products
  • Sector: Household
  • Market Cap: ৳21.685b
  • Shares outstanding: 4.73m
  • Website: https://www.rb.com/about-us/rb-bangladesh/

Number of Employees


Location

  • Reckitt Benckiser (Bangladesh) Limited
  • The Glass House
  • 9th and 10th Floor
  • Dhaka
  • 1212
  • Bangladesh

Listings


Biography

Reckitt Benckiser (Bangladesh) Limited manufactures and markets household, toiletries, and pharmaceuticals products in Bangladesh. The company was formerly known as Reckitt & Colman Bangladesh Limited and ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/21 10:31
End of Day Share Price2021/04/20 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.