Future Enterprises
Market Cap
₹5.4b
Last Updated
2021/02/24 12:15 UTC
Data Sources
Company Financials
Executive Summary
Future Enterprises Limited, together with its subsidiaries manufactures and trades in readymade garments in India. More Details
Risk Analysis
Snowflake Analysis
Imperfect balance sheet and overvalued.
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 not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 523574's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
-5.1%
523574
-0.4%
IN Luxury
-2.0%
IN Market
1 Year Return
-48.1%
523574
9.8%
IN Luxury
26.0%
IN Market
Return vs Industry: 523574 underperformed the Indian Luxury industry which returned 9.8% over the past year.
Return vs Market: 523574 underperformed the Indian Market which returned 26% over the past year.
Shareholder returns
| 523574 | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.1% | -0.4% | -2.0% |
| 30 Day | -10.8% | -0.04% | 4.8% |
| 90 Day | -2.2% | 16.0% | 17.6% |
| 1 Year | -48.1%-48.1% | 10.5%9.8% | 28.4%26.0% |
| 3 Year | -73.8%-73.8% | 21.0%18.5% | 20.6%14.5% |
| 5 Year | -91.5%-91.6% | 100.3%90.9% | 97.6%82.0% |
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?
0.14x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 523574's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 523574's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 523574 is unprofitable, so we can't compare its PE Ratio to the IN Luxury industry average.
PE vs Market: 523574 is unprofitable, so we can't compare its PE Ratio 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 (0.8x).
Next Steps
Future Growth
How is Future Enterprises forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
57.2%
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
- Take a look at our analysis of 523574’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- 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?
-55.5%
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 55.5% 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 (-24.2%).
Return on Equity
High ROE: 523574 has a negative Return on Equity (-37.82%), 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 (₹52.5B) exceed its short term liabilities (₹36.1B).
Long Term Liabilities: 523574's short term assets (₹52.5B) exceed its long term liabilities (₹52.1B).
Debt to Equity History and Analysis
Debt Level: 523574's debt to equity ratio (170.3%) is considered high.
Reducing Debt: 523574's debt to equity ratio has increased from 124% to 170.3% 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: 523574 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 523574 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 24.2% each 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?
4.8yrs
Average management tenure
CEO
Vijay Biyani (61 yo)
4.75yrs
Tenure
₹24,400,000
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 ($USD336.84K) is above average for companies of similar size in the Indian market ($USD44.46K).
Compensation vs Earnings: Vijay's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 4.75yrs | ₹24.40m | 0.0022% ₹ 116.1k | |
| Head of Legal & Corporate Governance | no data | ₹13.85m | no data | |
| Company Secretary & Compliance Officer | 12.83yrs | ₹5.10m | no data | |
| Chief Transformation Officer | no data | ₹8.66m | no data | |
| Chief Financial Officer of Property Division | no data | ₹10.74m | no data | |
| Head of Strategy | no data | ₹15.39m | no data | |
| Head of Strategic Planning & Business Development | 3.08yrs | ₹8.05m | no data | |
| Chief Strategy & Business Development Officer | no data | ₹15.54m | no data | |
| CEO Financial Services | no data | ₹13.35m | no data | |
| Chief Operating Officer | 4.83yrs | no data | no data | |
| Chief Design Officer | no data | ₹9.58m | no data | |
| Chief Operating Officer of Projects | no data | no data | no data |
4.8yrs
Average Tenure
49yo
Average Age
Experienced Management: 523574's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 4.75yrs | ₹24.40m | 0.0022% ₹ 116.1k | |
| Vice Chairman | 4.75yrs | ₹400.00k | 0.015% ₹ 800.1k | |
| Independent Non-Executive Director | 19.5yrs | ₹1.70m | no data | |
| Independent Chairman | 4.75yrs | ₹1.60m | no data | |
| Independent Director | 1.5yrs | ₹200.00k | no data | |
| Additional Independent Director | no data | no data | no data |
4.8yrs
Average Tenure
60yo
Average Age
Experienced Board: 523574's board of directors are considered experienced (4.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 523574 insiders have only sold shares 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: ₹5.399b
- Shares outstanding: 494.31m
- Website: https://www.felindia.in
Number of Employees
Location
- Future Enterprises Limited
- Embassy 247 Tower C
- 9th Floor
- 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 manufactures and trades in readymade garments in India. The company operates through Manufacturing and Trading; Leasing and Other; and Logistics s...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/24 12:15 |
| End of Day Share Price | 2021/02/24 00:00 |
| Earnings | 2020/12/31 |
| 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.