Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Future Enterprises. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Future Enterprises's earnings available for a low price, and how does
this compare to other companies in the same industry?
Future Enterprises's earnings are expected to grow significantly at over 20% yearly.
Unable to determine if Future Enterprises is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Future Enterprises's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Future Enterprises's finances.
The net worth of a company is the difference between its assets and liabilities.
Future Enterprises is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Future Enterprises's long term commitments exceed its cash and other short term assets.
This treemap shows a more detailed breakdown of
Future Enterprises's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is not covered by short term assets, assets are 0.5x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
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) from April 2006 to September 25, 2009. Mr. Biyani has 25 years of experience. Mr. Biyani has been Wholetime Director at Future Enterprises Limited (formerly, Pantaloon Retail (India) Ltd) since September 26, 2009. He has been a Director of PIL Industries Limited since November 1988. He serves as a Director at Future Group. He served as an Additional Director of IDream Film Infrastructure Company Ltd (formerly Softbpo Global Services Ltd) since November 2005. He holds a B.Com.
Vijay's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Vijay's remuneration is higher than average for companies of similar size in India.
Management Team Tenure
Average tenure and age of the
management team in years:
The tenure for the Future Enterprises management team is about average.
MD & Director
CFO & Executive Director
Company Secretary & Compliance Officer
Joint MD & Director
Chief Operating Officer
Head of Legal & Corporate Governance
Chief Transformation Officer
Chief Financial Officer of Property Division
Chief Design Officer
Head of Strategy
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Future Enterprises board of directors is less than 3 years, this suggests a new board.
Do Institutions Own Shares In Future Enterprises Limited (NSE:FEL)?
A look at the shareholders of Future Enterprises Limited (NSE:FEL) can tell us which group is most powerful. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … With a market capitalization of ₹19b, Future Enterprises is a small cap stock, so it might not be well known by many institutional investors.
Introducing Future Enterprises, The Stock That Tanked 73%
So take a moment to sympathize with the long term shareholders of Future Enterprises Limited (NSE:FEL), who have seen the share price tank a massive 73% over a three year period. … By comparing earnings per share (EPS) and and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … During the three years that the share price fell, Future Enterprises's earnings per share (EPS) dropped by 71% each year.
Future Enterprises Limited (NSE:FEL) Might Not Be A Great Investment
Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … Understanding Return On Capital Employed (ROCE). … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.
Is Future Enterprises Limited's (NSE:FEL) CEO Salary Justified?
First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Vijay Biyani's Compensation Compare With Similar Sized Companies. … According to our data, Future Enterprises Limited has a market capitalization of ₹21b, and pays its CEO total annual compensation worth ₹27m.
Is Future Enterprises Limited's (NSE:FEL) Balance Sheet Strong Enough To Weather A Storm?
While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … So, understanding the company's financial health becomes. … Here are a few basic checks that are good enough to have a broad overview of the company’s financial strength.
Is Future Enterprises Limited's (NSE:FEL) Balance Sheet A Threat To Its Future?
Future Enterprises Limited (NSE:FEL) is a small-cap stock with a market capitalization of ₹19.00b. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Assessing first and foremost the financial health is
Should Future Enterprises Limited's (NSE:FEL) Recent Earnings Decline Worry You?
Measuring Future Enterprises Limited's (NSE:FEL) track record of past performance is a useful exercise for investors. … Today I will assess FEL's recent performance announced on 31 March 2018 and weigh these figures against its long-term trend and industry movements. … Furthermore, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of -17.70%, indicating the rate at which FEL is growing has slowed down
Should You Sell Future Enterprises Limited (NSE:FEL) At This PE Ratio?
It compares a stock’s price per share to the stock’s earnings per share. … Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for FEL Price per share = ₹41.5 Earnings per share = ₹0.742 ∴ Price-Earnings Ratio = ₹41.5 ÷ ₹0.742 = 55.9x The P/E ratio itself doesn’t tell you a lot; however, it becomes very insightful when you compare it with other similar companies. … Ideally, we want to compare the stock’s P/E ratio to the average of companies that have similar characteristics as FEL, such as size and country of operation.
Why Future Enterprises Limited (NSE:FEL) Delivered An Inferior ROE Compared To The Industry
Future Enterprises Limited’s (NSEI:FEL) most recent return on equity was a substandard 1.44% relative to its industry performance of 12.52% over the past year. … Check out our latest analysis for Future Enterprises Breaking down ROE — the mother of all ratios Firstly, Return on Equity, or ROE, is simply the percentage of last years’ earning against the book value of shareholders’ equity. … Since Future Enterprises’s return does not cover its cost, with a difference of -19.90%, this means its current use of equity is not efficient and not sustainable.
Where Future Enterprises Limited's (NSE:FEL) Earnings Growth Stands Against Its Industry
Examining Future Enterprises Limited's (NSEI:FEL) past track record of performance is an insightful exercise for investors. … See our latest analysis for Future Enterprises Was FEL's recent earnings decline worse than the long-term trend and the industry? … Although revenue growth in the past couple of years, has been negative, earnings growth has been falling by even more, meaning Future Enterprises has been growing its expenses.
Future Enterprises Limited, together with its subsidiaries, engages in retail trade activities in India. It operates through Manufacturing and Trading; Leasing and Other; and Logistics segments. The company owns, invests in, operates, and maintains 862 retail stores under the Big Bazaar, easyday, fbb, Foodhall, and other retail brands in 26 states and union territories across the country. It designs, manufactures, and sells menswear, womenswear, and kidswear under the DJ&C, Shyla, and Pink N Blue brand names; and offers express, cold chain, and e-commerce logistics, as well as warehousing, distribution, and multi modal transportation services to food and beverages, lifestyle, consumer electronics and high tech, automotive and engineering, home and furniture, healthcare, general merchandise, and e-commerce corporates. Future Enterprises Limited also operates www.futurebazaar.com, a shopping portal; and provides furniture and home furnishing products under the Fabfurnish brand name. In addition, it offers media solution to advertisers. The company was formerly known as Future Retail Limited and changed its name to Future Enterprises Limited in May 2016. Future Enterprises Limited was incorporated in 1987 and is based in Mumbai, India.
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