Reckitt Benckiser (Bangladesh)
Market Cap
৳21.4b
Last Updated
2021/07/31 10:42 UTC
Data Sources
Company Financials +
Executive Summary
Reckitt Benckiser (Bangladesh) Limited manufactures and markets household, toiletries, and pharmaceuticals products in Bangladesh. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with reasonable growth potential.
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 less volatile than 75% of BD stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: RECKITTBEN's weekly volatility (2%) has been stable over the past year.
Market Performance
7 Day Return
0.3%
RECKITTBEN
-3.1%
BD Household Products
-0.1%
BD Market
1 Year Return
26.8%
RECKITTBEN
-9.3%
BD Household Products
47.8%
BD Market
Return vs Industry: RECKITTBEN exceeded the BD Household Products industry which returned -9.5% over the past year.
Return vs Market: RECKITTBEN underperformed the BD Market which returned 47.8% over the past year.
Shareholder returns
| RECKITTBEN | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.3% | -3.1% | -0.1% |
| 30 Day | 3.9% | -8.5% | 4.1% |
| 90 Day | 2.0% | -7.9% | 14.1% |
| 1 Year | 31.0%26.8% | -7.8%-9.3% | 54.0%47.8% |
| 3 Year | 186.9%158.4% | 13.9%8.4% | 32.1%18.7% |
| 5 Year | 259.9%194.8% | 68.0%55.0% | 70.1%43.1% |
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?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RECKITTBEN (BDT4526.4) is trading below our estimate of fair value (BDT10029.16)
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 (28.9x) compared to the Asian Household Products industry average (19.6x).
PE vs Market: RECKITTBEN is poor value based on its PE Ratio (28.9x) compared to the BD market (24.6x).
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 (26.5x) 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?
15.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RECKITTBEN's forecast earnings growth (15.3% per year) is above the savings rate (3.6%).
Earnings vs Market: RECKITTBEN's earnings (15.3% per year) are forecast to grow faster than the BD market (14.1% per year).
High Growth Earnings: RECKITTBEN's earnings are forecast to grow, but not significantly.
Revenue vs Market: RECKITTBEN's revenue (12.1% per year) is forecast to grow faster than the BD market (9.8% per year).
High Growth Revenue: RECKITTBEN's revenue (12.1% 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 (86.5%).
Past Performance
How has Reckitt Benckiser (Bangladesh) performed over the past 5 years?
23.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RECKITTBEN has high quality earnings.
Growing Profit Margin: RECKITTBEN's current net profit margins (13.9%) are lower than last year (15%).
Past Earnings Growth Analysis
Earnings Trend: RECKITTBEN's earnings have grown significantly by 23% per year over the past 5 years.
Accelerating Growth: RECKITTBEN's earnings growth over the past year (19.2%) is below its 5-year average (23% per year).
Earnings vs Industry: RECKITTBEN earnings growth over the past year (19.2%) underperformed the Household Products industry 21.2%.
Return on Equity
High ROE: RECKITTBEN's Return on Equity (91.5%) 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 (BDT2.1B).
Long Term Liabilities: RECKITTBEN's short term assets (BDT2.5B) exceed its long term liabilities (BDT320.7M).
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?
3.09%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RECKITTBEN's dividend (3.09%) is higher than the bottom 25% of dividend payers in the BD market (0.93%).
High Dividend: RECKITTBEN's dividend (3.09%) is in the top 25% of dividend payers in the BD market (2.75%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, RECKITTBEN has been paying a dividend for less than 10 years.
Growing Dividend: RECKITTBEN's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (89.5%), 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?
3.2yrs
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 (3.2 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: ৳21.387b
- 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/07/31 10:42 |
| End of Day Share Price | 2021/07/29 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.