Future Enterprises
Market Cap
₹5.8b
Last Updated
2020/12/04 12:06 UTC
Data Sources
Company Financials
Executive Summary
Future Enterprises Limited, together with its subsidiaries, engages in retail business in India. More Details
Rewards
Risk Analysis
Snowflake Analysis
Fair value with imperfect balance sheet.
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 is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: 523574's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.
Market Performance
7 Day Return
7.7%
523574
4.0%
IN Luxury
2.8%
IN Market
1 Year Return
-51.5%
523574
7.0%
IN Luxury
11.8%
IN Market
Return vs Industry: 523574 underperformed the Indian Luxury industry which returned 7% over the past year.
Return vs Market: 523574 underperformed the Indian Market which returned 11.8% over the past year.
Shareholder returns
| 523574 | Industry | Market | |
|---|---|---|---|
| 7 Day | 7.7% | 4.0% | 2.8% |
| 30 Day | 23.1% | 14.2% | 12.9% |
| 90 Day | -35.3% | 19.5% | 15.3% |
| 1 Year | -51.5%-51.5% | 7.7%7.0% | 13.8%11.8% |
| 3 Year | -79.5%-79.5% | 8.2%6.0% | 10.8%5.4% |
| 5 Year | -92.5%-92.6% | 60.4%52.4% | 63.0%50.8% |
Long-Term 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?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 523574 (₹11.2) is trading below our estimate of fair value (₹112.16)
Significantly Below Fair Value: 523574 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: Insufficient data to calculate 523574's PE Ratio to determine if it is good value compared to the IN Luxury industry average.
PE vs Market: Insufficient data to calculate 523574's PE Ratio to determine if it is good value compared to the Indian market.
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 (0.1x) compared to the IN Luxury industry average (0.6x).
Next Steps
Future Growth
How is Future Enterprises forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
54.6%
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?
-35.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 523574 is currently unprofitable.
Growing Profit Margin: 523574 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 523574 is unprofitable, and losses have increased over the past 5 years at a rate of 35.7% per year.
Accelerating Growth: Unable to compare 523574's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 523574 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (-26.1%).
Return on Equity
High ROE: 523574 has a negative Return on Equity (-16.46%), as it is currently unprofitable.
Next Steps
Financial Health
How is Future Enterprises's financial position?
Financial Position Analysis
Short Term Liabilities: 523574's short term assets (₹47.0B) do not cover its short term liabilities (₹60.2B).
Long Term Liabilities: 523574's short term assets (₹47.0B) do not cover its long term liabilities (₹54.9B).
Debt to Equity History and Analysis
Debt Level: 523574's debt to equity ratio (147.7%) is considered high.
Reducing Debt: 523574's debt to equity ratio has increased from 98.6% to 147.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 523574 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 523574 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 16.8% per year.
Next Steps
Dividend
What is Future Enterprises's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 523574's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 523574's dividend yield against the top 25% of dividend payers, as the company has not reported any recent 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
How experienced are the management team and are they aligned to shareholders interests?
5.2yrs
Average management tenure
CEO
Vijay Biyani (61 yo)
4.58yrs
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 ($USD0.00) is below average for companies of similar size in the Indian market ($USD48.82K).
Compensation vs Earnings: Vijay's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 4.58yrs | ₹31.84m | 0.0022% ₹ 123.9k | |
| CFO & Executive Director | 4.58yrs | ₹24.24m | 0.14% ₹ 8.3m | |
| Company Secretary & Compliance Officer | 12.67yrs | ₹5.93m | no data | |
| Chief Operating Officer | 4.67yrs | no data | no data | |
| Head of Legal & Corporate Governance | no data | no data | no data | |
| Deputy Company Secretary of Future Retail | no data | no data | no data | |
| Chief Transformation Officer | no data | no data | no data | |
| Chief Financial Officer of Property Division | no data | no data | no data | |
| Chief Design Officer | no data | ₹9.58m | no data | |
| Head of Strategy | no data | no data | no data | |
| Chief Operating Officer of Projects | no data | no data | no data | |
| Head of Sourcing | 5.17yrs | no data | no data |
5.2yrs
Average Tenure
51.5yo
Average Age
Experienced Management: 523574's management team is seasoned and experienced (5.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 4.58yrs | ₹31.84m | 0.0022% ₹ 123.9k | |
| CFO & Executive Director | 4.58yrs | ₹24.24m | 0.14% ₹ 8.3m | |
| Vice Chairman | 4.58yrs | ₹400.00k | 0.015% ₹ 854.2k | |
| Independent Non-Executive Director | 19.33yrs | ₹700.00k | no data | |
| Independent Non-Executive Director | 16.33yrs | ₹500.00k | 0.0022% ₹ 128.5k | |
| Independent Chairman | 4.58yrs | ₹1.00m | no data | |
| Additional Independent Director | 1.33yrs | no data | no data |
4.6yrs
Average Tenure
60.5yo
Average Age
Experienced Board: 523574's board of directors are considered experienced (4.6 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
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: ₹5.764b
- 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 | 2020/12/04 12:06 |
| End of Day Share Price | 2020/12/04 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/03/31 |
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.