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METR

Metro Brands NSEI:METROBRAND Stock Report

Last Price

₹934.75

Market Cap

₹253.8b

7D

7.7%

1Y

n/a

Updated

04 Oct, 2022

Data

Company Financials +
METROBRAND fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance6/6
Financial Health5/6
Dividends2/6

METROBRAND Stock Overview

Metro Brands Limited operates as a footwear specialty retailer in India.

Rewards

Earnings are forecast to grow 16.55% per year

Earnings grew by 205.8% over the past year

Risk Analysis

No risks detected for METROBRAND from our risk checks.

Metro Brands Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Metro Brands
Historical stock prices
Current Share Price₹934.75
52 Week High₹968.95
52 Week Low₹426.00
Beta0
1 Month Change17.61%
3 Month Change58.57%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO89.47%

Recent News & Updates

Aug 03
Earnings Beat: Metro Brands Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Earnings Beat: Metro Brands Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

The investors in Metro Brands Limited 's ( NSE:METROBRAND ) will be rubbing their hands together with glee today, after...

Shareholder Returns

METROBRANDIN Specialty RetailIN Market
7D7.7%1.4%-0.6%
1Yn/a36.6%-3.0%

Return vs Industry: Insufficient data to determine how METROBRAND performed against the Indian Specialty Retail industry.

Return vs Market: Insufficient data to determine how METROBRAND performed against the Indian Market.

Price Volatility

Is METROBRAND's price volatile compared to industry and market?
METROBRAND volatility
METROBRAND Average Weekly Movement7.2%
Specialty Retail Industry Average Movement6.3%
Market Average Movement5.9%
10% most volatile stocks in IN Market9.2%
10% least volatile stocks in IN Market3.8%

Stable Share Price: METROBRAND is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: METROBRAND's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19472,544Nissan Josephhttps://www.metrobrands.com

Metro Brands Limited operates as a footwear specialty retailer in India. The company offers footwear for men, women, unisex, and kids under its own brands, including the Metro, Mochi, Walkway, Da Vinchi, and J. Fontini, as well as third-party brands, such as Crocs, Skechers, Clarks, Florsheim, and Fitflop. It also offers accessories, such as belts, bags, socks, masks, and wallets; and footcare and shoe-care products.

Metro Brands Fundamentals Summary

How do Metro Brands's earnings and revenue compare to its market cap?
METROBRAND fundamental statistics
Market Cap₹253.84b
Earnings (TTM)₹3.28b
Revenue (TTM)₹17.19b

77.5x

P/E Ratio

14.8x

P/S Ratio

Is METROBRAND overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
METROBRAND income statement (TTM)
Revenue₹17.19b
Cost of Revenue₹7.12b
Gross Profit₹10.07b
Other Expenses₹6.80b
Earnings₹3.28b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

Nov 14, 2022

Earnings per share (EPS)12.07
Gross Margin58.57%
Net Profit Margin19.05%
Debt/Equity Ratio53.8%

How did METROBRAND perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

19%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is METROBRAND undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for METROBRAND?

Other financial metrics that can be useful for relative valuation.

METROBRAND key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue14.7x
Enterprise Value/EBITDA42.4x
PEG Ratio4.7x

Price to Earnings Ratio vs Peers

How does METROBRAND's PE Ratio compare to its peers?

METROBRAND PE Ratio vs Peers
The above table shows the PE ratio for METROBRAND vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average78.2x
500251 Trent
136.1x26.4%₹493.9b
GOCOLORS Go Fashion (India)
90.8x33.1%₹71.8b
63.9x37.3%₹22.6b
DPABHUSHAN D. P. Abhushan
22xn/a₹8.9b
METROBRAND Metro Brands
77.5x16.5%₹253.8b

Price-To-Earnings vs Peers: METROBRAND is good value based on its Price-To-Earnings Ratio (77.5x) compared to the peer average (78.2x).


Price to Earnings Ratio vs Industry

How does METROBRAND's PE Ratio compare vs other companies in the IN Specialty Retail Industry?

Price-To-Earnings vs Industry: METROBRAND is expensive based on its Price-To-Earnings Ratio (77.5x) compared to the Indian Specialty Retail industry average (39.2x)


Price to Earnings Ratio vs Fair Ratio

What is METROBRAND's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

METROBRAND PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio77.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate METROBRAND's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of METROBRAND when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: METROBRAND (₹934.75) is trading above our estimate of fair value (₹310.14)

Significantly Below Fair Value: METROBRAND is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is lower than the current share price.


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Future Growth

How is Metro Brands forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


16.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: METROBRAND's forecast earnings growth (16.5% per year) is above the savings rate (6.8%).

Earnings vs Market: METROBRAND's earnings (16.5% per year) are forecast to grow slower than the Indian market (18.4% per year).

High Growth Earnings: METROBRAND's earnings are forecast to grow, but not significantly.

Revenue vs Market: METROBRAND's revenue (17.1% per year) is forecast to grow faster than the Indian market (10.6% per year).

High Growth Revenue: METROBRAND's revenue (17.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: METROBRAND's Return on Equity is forecast to be high in 3 years time (24.2%)


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Past Performance

How has Metro Brands performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


14.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: METROBRAND has high quality earnings.

Growing Profit Margin: METROBRAND's current net profit margins (19.1%) are higher than last year (11.3%).


Past Earnings Growth Analysis

Earnings Trend: METROBRAND's earnings have grown by 14.6% per year over the past 5 years.

Accelerating Growth: METROBRAND's earnings growth over the past year (205.8%) exceeds its 5-year average (14.6% per year).

Earnings vs Industry: METROBRAND earnings growth over the past year (205.8%) exceeded the Specialty Retail industry 32.2%.


Return on Equity

High ROE: METROBRAND's Return on Equity (25.8%) is considered high.


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Financial Health

How is Metro Brands's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: METROBRAND's short term assets (₹13.7B) exceed its short term liabilities (₹4.3B).

Long Term Liabilities: METROBRAND's short term assets (₹13.7B) exceed its long term liabilities (₹6.0B).


Debt to Equity History and Analysis

Debt Level: METROBRAND has more cash than its total debt.

Reducing Debt: Insufficient data to determine if METROBRAND's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: METROBRAND's debt is well covered by operating cash flow (31.7%).

Interest Coverage: METROBRAND's interest payments on its debt are well covered by EBIT (8.3x coverage).


Balance Sheet


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Dividend

What is Metro Brands's current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


0.24%

Current Dividend Yield

Dividend Yield vs Market

Metro Brands Dividend Yield vs Market
How does Metro Brands dividend yield compare to the market?
SegmentDividend Yield
Company (Metro Brands)0.2%
Market Bottom 25% (IN)0.4%
Market Top 25% (IN)1.6%
Industry Average (Specialty Retail)0.2%
Analyst forecast in 3 Years (Metro Brands)0.4%

Notable Dividend: METROBRAND's dividend (0.24%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.36%).

High Dividend: METROBRAND's dividend (0.24%) is low compared to the top 25% of dividend payers in the Indian market (1.63%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether METROBRAND's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if METROBRAND's dividend payments are increasing as they only just started paying a dividend.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (18.5%), METROBRAND's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (35.6%), METROBRAND's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

1.9yrs

Average management tenure


CEO

Nissan Joseph (57 yo)

1.25yrs

Tenure

₹19,100,000

Compensation

Mr. Nissan Joseph has been Chief Executive Officer at Metro Brands Limited since July 1, 2021. He has in the past worked with Payless Shoes Pty Ltd and Hickory Brands, Inc. He has also spent over five year...


Leadership Team

Experienced Management: METROBRAND's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

Experienced Board: METROBRAND's board of directors are considered experienced (3.6 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

NSEI:METROBRAND Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
27 Jan 22Sell₹1,870,413Pramod SutarIndividual3,000₹628.41
24 Jan 22Sell₹2,702,500Dattatray AwateIndividual4,700₹575.00
24 Jan 22Sell₹2,154,335Sunildatt PandeyIndividual3,750₹576.00
24 Jan 22Sell₹4,043,250Rajesh AwateIndividual6,750₹599.00
20 Jan 22Sell₹1,861,928Sunildatt PandeyIndividual3,000₹625.00
19 Jan 22Sell₹1,240,000Dattatray AwateIndividual2,000₹620.00

Ownership Breakdown

What is the ownership structure of METROBRAND?
Owner TypeNumber of SharesOwnership Percentage
Institutions13,667,1285.0%
General Public16,593,4116.1%
Individual Insiders50,326,50018.5%
Private Companies190,969,12070.3%

Dilution of Shares: METROBRAND only recently listed within the past 12 months.


Top Shareholders

Top 25 shareholders own 93.6% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
28.15%
Aziza Malik Family Trust
76,447,600₹71.5b0%no data
27.75%
Rafique Malik Family Trust
75,367,920₹70.5b0%no data
7.66%
Farah Bhanji
20,809,400₹19.5b0%no data
6.84%
Rafique Malik
18,576,000₹17.4b0%no data
4.81%
Aryaman Jhunjhunwala Discretionary Trust
13,051,206₹12.2b0%no data
4.81%
Aryavir Jhunjhunwala Discretionary Trust
13,051,206₹12.2b0%no data
4.81%
Nishtha Jhunjhunwala Discretionary Trust
13,051,188₹12.2b0%no data
3.35%
Alisha Malik
9,088,000₹8.5b0%no data
0.8%
Kotak Mahindra Asset Management Company Limited
2,185,719₹2.0b0%0.15%
0.67%
Sundaram Asset Management Company Ltd.
1,824,513₹1.7b0%0.51%
0.58%
UTI Asset Management Company Limited
1,566,278₹1.5b4.05%0.1%
0.55%
Tata Asset Management Limited
1,495,981₹1.4b153.78%0.28%
0.5%
Aziza Malik
1,350,000₹1.3b0%no data
0.39%
Goldman Sachs Asset Management, L.P.
1,046,880₹978.6m0%0.01%
0.36%
IDFC Asset Management Company Limited
974,347₹910.8m-1.32%0.31%
0.34%
HDFC Asset Management Company Limited
932,696₹871.8m-6.38%0.03%
0.23%
Kotak Mahindra Asset Management (Singapore) Pte. Ltd
620,929₹580.4m0%0.42%
0.21%
Invesco Ltd.
565,623₹528.7m-1.41%no data
0.18%
Edelweiss Asset Management Limited
500,000₹467.4m-4.76%0.16%
0.12%
Grantham Mayo Van Otterloo & Co. LLC
325,398₹304.2m0%0.01%
0.12%
PineBridge Investments LLC
320,010₹299.1m0%0.03%
0.12%
Principal Asset Management Pvt. Ltd.
314,277₹293.8m0%0.41%
0.095%
Aditya Birla Sun Life AMC Limited
258,927₹242.0m-27.61%0.02%
0.084%
Sohel Kamdar
226,800₹212.0m0%no data
0.079%
Mahindra Manulife Investment Management Private Limited
214,668₹200.7m104.45%0.32%

Company Information

Metro Brands Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Metro Brands Limited
  • Ticker: METROBRAND
  • Exchange: NSEI
  • Founded: 1947
  • Industry: Apparel Retail
  • Sector: Retail
  • Implied Market Cap: ₹253.837b
  • Shares outstanding: 271.56m
  • Website: https://www.metrobrands.com

Number of Employees


Location

  • Metro Brands Limited
  • 401, Zillion
  • 4th Floor
  • Mumbai
  • Maharashtra
  • 400070
  • India


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
543426BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 2021
METROBRANDNSEI (National Stock Exchange of India)YesEquity SharesININRDec 2021

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/04 00:00
End of Day Share Price2022/10/03 00:00
Earnings2022/06/30
Annual Earnings2022/03/31


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.