Future Enterprises
Market Cap
₹11.2b
Last Updated
2019/11/20 12:49 UTC
Data Sources
Company Financials
Executive Summary
Future Enterprises Limited, together with its subsidiaries, engages in retail business in India.
Snowflake
Fundamentals
Proven track record and fair value.
Similar Companies
Share Price & News
How has Future Enterprises's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 523574's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-9.3%
523574
-0.07%
IN Luxury
0.9%
IN Market
1 Year Return
-49.6%
523574
3.3%
IN Luxury
5.3%
IN Market
Return vs Industry: 523574 underperformed the Indian Luxury industry which returned 3.3% over the past year.
Return vs Market: 523574 underperformed the Indian Market which returned 5.3% over the past year.
Shareholder returns
| 523574 | Industry | Market | |
|---|---|---|---|
| 7 Day | -9.3% | -0.07% | 0.9% |
| 30 Day | -6.6% | -2.8% | 2.3% |
| 90 Day | -13.9% | 11.2% | 11.7% |
| 1 Year | -49.6%-49.6% | 4.1%3.3% | 7.3%5.3% |
| 3 Year | 43.9%43.2% | 66.9%64.8% | 37.4%30.4% |
| 5 Year | -75.5%-75.9% | 104.6%100.9% | 40.9%28.1% |
Price Volatility Vs. Market
How volatile is Future Enterprises's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Future Enterprises undervalued compared to its fair value and its price relative to the market?
7.51x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 523574 (₹22.05) is trading above our estimate of fair value (₹10.42)
Significantly Below Fair Value: 523574 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 523574 is good value based on its PE Ratio (7.5x) compared to the Luxury industry average (10.5x).
PE vs Market: 523574 is good value based on its PE Ratio (7.5x) compared to the Indian market (13.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 523574's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 523574 is good value based on its PB Ratio (0.3x) compared to the IN Luxury industry average (0.5x).
Next Steps
Future Growth
How is Future Enterprises forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
20.5%
Forecasted Consumer Durables 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 Future Enterprises 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.
Next Steps
- Examine whether Future Enterprises is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Future Enterprises competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
Past Performance
How has Future Enterprises performed over the past 5 years?
14.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 523574 has large one-off items impacting its financial results.
Growing Profit Margin: 523574's current net profit margins (2.8%) are higher than last year (1.4%).
Past Earnings Growth Analysis
Earnings Trend: 523574's earnings have grown by 14.1% per year over the past 5 years.
Accelerating Growth: 523574's earnings growth over the past year (124.9%) exceeds its 5-year average (14.1% per year).
Earnings vs Industry: 523574 earnings growth over the past year (124.9%) exceeded the Luxury industry 1%.
Return on Equity
High ROE: 523574's Return on Equity (4.4%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Future Enterprises's financial position?
Financial Position Analysis
Short Term Liabilities: 523574's short term assets (₹35.5B) exceeds its short term liabilities (₹30.6B)
Long Term Liabilities: 523574's short term assets (₹35.5B) do not cover its long term liabilities (67.8B)
Debt to Equity History and Analysis
Debt Level: 523574's debt to equity ratio (156%) is considered high.
Reducing Debt: 523574's debt to equity ratio has increased from 126.5% to 156% over the past 5 years.
Debt Coverage: 523574's debt is well covered by operating cash flow (29.7%).
Interest Coverage: 523574's interest payments on its debt are not well covered by EBIT (1.2x coverage).
Balance Sheet
Inventory Level: 523574 has a high level of physical assets or inventory.
Debt Coverage by Assets: 523574's debt is not covered by short term assets (assets are 0.5x debt).
Next Steps
Dividend
What is Future Enterprises's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 523574's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 523574's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 523574's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 523574's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 523574 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 523574's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
Next Steps
Management
What is the CEO of Future Enterprises's salary, the management and board of directors tenure and is there insider trading?
4.8yrs
Average management tenure
CEO
Vijay Biyani (60yo)
3.5yrs
Tenure
₹31,839,600
Compensation
Mr. Vijay Laxminarayan Biyani has been Managing Director of Future Enterprises Limited since May 4, 2016. Mr. Biyani served as Managing Director of PIL Industries Limited (Pantaloon Industries Limited) fro ...
CEO Compensation Analysis
Compensation vs Market: Vijay's total compensation ($USD443.04K) is above average for companies of similar size in the Indian market ($USD277.19K).
Compensation vs Earnings: Vijay's compensation has been consistent with company performance over the past year.
Management Age and Tenure
4.8yrs
Average Tenure
49yo
Average Age
Experienced Management: 523574's management team is considered experienced (4.8 years average tenure).
Board Age and Tenure
3.5yrs
Average Tenure
59yo
Average Age
Experienced Board: 523574's board of directors are considered experienced (3.5 years average tenure).
Insider Trading
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.
Management Team
Vijay Biyani (60yo)
MD & Director
- Tenure: 3.5yrs
- Compensation: ₹31.84m
Virendra Samani
Deputy Company Secretary of Future Retail
- Tenure: 0yrs
Sanjay Rathi (54yo)
Head of Legal & Corporate Governance
- Tenure: 0yrs
Deepak Tanna
Company Secretary & Compliance Officer
- Tenure: 11.6yrs
- Compensation: ₹5.93m
Anuraag Agarwal (44yo)
Head of Strategy
- Tenure: 0yrs
Rajesh Kalyani (50yo)
Chief Financial Officer of Property Division
- Tenure: 0yrs
Dinesh Maheshwari (51yo)
CFO & Executive Director
- Tenure: 3.5yrs
- Compensation: ₹24.24m
Rajesh Seth (48yo)
Chief Operating Officer
- Tenure: 3.6yrs
Manoj Agarwal (47yo)
Chief Transformation Officer
- Tenure: 0yrs
Vishal Kapoor (46yo)
Chief Design Officer
- Tenure: 0yrs
- Compensation: ₹9.58m
Board Members
Kishore Biyani (59yo)
Vice Chairman
- Tenure: 3.5yrs
- Compensation: ₹400.00k
Bala Deshpande (53yo)
Independent Director
- Tenure: 18.3yrs
- Compensation: ₹700.00k
Anil Harish (65yo)
Independent Non-Executive Director
- Tenure: 15.3yrs
- Compensation: ₹500.00k
Vijay Chopra (73yo)
Independent Chairman
- Tenure: 3.5yrs
- Compensation: ₹1.00m
Haresh Chawla (51yo)
Non-Executive Independent Director
- Tenure: 0.7yrs
Anandakrishnan Chandrasekaran
Additional Independent Director
- Tenure: 0.3yrs
Vijay Biyani (60yo)
MD & Director
- Tenure: 3.5yrs
- Compensation: ₹31.84m
Dinesh Maheshwari (51yo)
CFO & Executive Director
- Tenure: 3.5yrs
- Compensation: ₹24.24m
Company Information
Future Enterprises Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Future Enterprises Limited
- Ticker: 523574
- Exchange: BSE
- Founded: 1987
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: ₹11.155b
- Shares outstanding: 494.31m
- Website: https://www.felindia.in
Location
- Future Enterprises Limited
- Embassy 247, ‘C’ Tower
- LBS Marg
- Mumbai
- Maharashtra
- 400083
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 523574 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Nov 2001 |
| FEL | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Nov 2001 |
| 570002 | BSE (Mumbai Stock Exchange) | Class B Shares | IN | INR | Apr 2009 | |
| FELDVR | NSEI (National Stock Exchange of India) | Class B Shares | IN | INR | Apr 2009 |
Biography
Future Enterprises Limited, together with its subsidiaries, engages in retail business in India. It operates through Manufacturing and Trading; Leasing and Other; and Logistics segments. The company design ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/11/20 12:49 |
| End of Day Share Price | 2019/11/20 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2019/03/31 |
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.