RELAXO Stock Overview
Relaxo Footwears Limited manufactures and sells footwear for men, women, and children in India and internationally.
Relaxo Footwears Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹996.80|
|52 Week High||₹1,448.00|
|52 Week Low||₹925.00|
|1 Month Change||-10.17%|
|3 Month Change||-20.25%|
|1 Year Change||-3.43%|
|3 Year Change||137.90%|
|5 Year Change||325.08%|
|Change since IPO||4,694.61%|
Recent News & Updates
Here's Why I Think Relaxo Footwears (NSE:RELAXO) Might Deserve Your Attention Today
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Here's Why Relaxo Footwears (NSE:RELAXO) Can Manage Its Debt Responsibly
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Do Relaxo Footwears's (NSE:RELAXO) Earnings Warrant Your Attention?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
|RELAXO||IN Luxury||IN Market|
Return vs Industry: RELAXO underperformed the Indian Luxury industry which returned 38.8% over the past year.
Return vs Market: RELAXO underperformed the Indian Market which returned 9.5% over the past year.
|RELAXO Average Weekly Movement||3.8%|
|Luxury Industry Average Movement||7.6%|
|Market Average Movement||7.0%|
|10% most volatile stocks in IN Market||9.7%|
|10% least volatile stocks in IN Market||4.6%|
Stable Share Price: RELAXO is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: RELAXO's weekly volatility (4%) has been stable over the past year.
About the Company
Relaxo Footwears Limited manufactures and sells footwear for men, women, and children in India and internationally. It offers canvas and sports, athleisure, walking, formal, and training and gym shoes, as well as rubber/EVA/PU slippers, sandals, flip flops, casuals, belles, and clogs. The company also provides footwear accessories.
Relaxo Footwears Fundamentals Summary
|RELAXO fundamental statistics|
Is RELAXO overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RELAXO income statement (TTM)|
|Cost of Revenue||₹12.17b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||9.35|
|Net Profit Margin||8.77%|
How did RELAXO perform over the long term?See historical performance and comparison
0.3%Current Dividend Yield
Is Relaxo Footwears undervalued compared to its fair value and its price relative to the market?
Valuation Score 0/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: RELAXO (₹996.8) is trading above our estimate of fair value (₹33.88)
Significantly Below Fair Value: RELAXO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: RELAXO is poor value based on its PE Ratio (106.6x) compared to the Indian Luxury industry average (12.8x).
PE vs Market: RELAXO is poor value based on its PE Ratio (106.6x) compared to the Indian market (20.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RELAXO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RELAXO is overvalued based on its PB Ratio (14.1x) compared to the IN Luxury industry average (1.3x).
How is Relaxo Footwears forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Relaxo Footwears 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.
How has Relaxo Footwears performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RELAXO has a high level of non-cash earnings.
Growing Profit Margin: RELAXO's current net profit margins (8.8%) are lower than last year (12.4%).
Past Earnings Growth Analysis
Earnings Trend: RELAXO's earnings have grown by 16.3% per year over the past 5 years.
Accelerating Growth: RELAXO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RELAXO had negative earnings growth (-20.2%) over the past year, making it difficult to compare to the Luxury industry average (100.4%).
Return on Equity
High ROE: RELAXO's Return on Equity (13.2%) is considered low.
How is Relaxo Footwears's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: RELAXO's short term assets (₹11.9B) exceed its short term liabilities (₹4.6B).
Long Term Liabilities: RELAXO's short term assets (₹11.9B) exceed its long term liabilities (₹1.6B).
Debt to Equity History and Analysis
Debt Level: RELAXO has more cash than its total debt.
Reducing Debt: RELAXO's debt to equity ratio has reduced from 29.4% to 1.1% over the past 5 years.
Debt Coverage: RELAXO's debt is well covered by operating cash flow (280%).
Interest Coverage: RELAXO's interest payments on its debt are well covered by EBIT (19.7x coverage).
What is Relaxo Footwears's current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RELAXO's dividend (0.25%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.36%).
High Dividend: RELAXO's dividend (0.25%) is low compared to the top 25% of dividend payers in the Indian market (1.6%).
Stability and Growth of Payments
Stable Dividend: RELAXO's dividends per share have been stable in the past 10 years.
Growing Dividend: RELAXO's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.7%), RELAXO's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: RELAXO is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ramesh Dua (67 yo)
Mr. Ramesh Kumar Dua serves as the Managing Director of Relaxo Footwears Limited since April 1, 2014 and serves as its Director. Mr. Dua serves as Director of Relaxo Rubber Private Limited, Marvel Polymers...
CEO Compensation Analysis
Compensation vs Market: Ramesh's total compensation ($USD2.62M) is above average for companies of similar size in the Indian market ($USD607.88K).
Compensation vs Earnings: Ramesh's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: RELAXO's management team is seasoned and experienced (8.1 years average tenure).
Experienced Board: RELAXO's board of directors are seasoned and experienced ( 12 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Relaxo Footwears Limited's employee growth, exchange listings and data sources
- Name: Relaxo Footwears Limited
- Ticker: RELAXO
- Exchange: NSEI
- Founded: 1976
- Industry: Footwear
- Sector: Consumer Durables
- Implied Market Cap: ₹247.968b
- Shares outstanding: 248.93m
- Website: https://www.relaxofootwear.com
Number of Employees
- Relaxo Footwears Limited
- Aggarwal City Square
- Plot No. 10
- New Delhi
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/23 00:00|
|End of Day Share Price||2022/05/23 00:00|
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.