Fundamental Analysis of Future Market Networks Ltd

Share Price and Basic Stock Data

Last Updated: August 2, 2024, 11:24 pm

Market Cap	124 Cr.
Current Price	2.28
High / Low	3.86/1.90
Stock P/E
Book Value	20.6
Dividend Yield	0.00 %
ROCE	13.7 %
ROE	134 %
Face Value	2.00
PEG Ratio	0.00

Data Source: screener.in

No data available for this post.

Competitors of Future Market Networks Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Industry Average	0 Cr	0		0	0	0%	0%	0%	0

Future Retail Ltd Quarterly Results

Month	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021
Sales	5,301	5,397	5,149	5,394	5,130	4,445	1,355	1,417	1,486	2,002	1,406	2,347	2,786
Expenses	5,023	5,106	4,517	4,719	4,433	4,465	1,498	1,432	1,604	2,293	1,801	2,705	3,131
Operating Profit	278	291	633	675	696	-20	-143	-15	-117	-291	-395	-359	-345
OPM %	5%	5%	12%	13%	14%	-0%	-11%	-1%	-8%	-15%	-28%	-15%	-12%
Other Income	5	6	9	21	15	39	92	47	27	10	1	2	5
Interest	56	61	239	263	269	222	271	355	397	420	350	360	340
Depreciation	25	32	240	261	271	269	231	363	354	380	404	403	399
Profit before tax	201	203	162	171	171	-471	-553	-686	-841	-1,080	-1,147	-1,120	-1,078
Tax %	0%	0%	0%	0%	0%	0%	0%	0%	0%	-2%	0%	0%	0%
Net Profit	201	203	162	171	171	-471	-553	-686	-841	-1,100	-1,147	-1,120	-1,078
EPS in Rs	4.01	4.04	3.23	3.41	3.40	-8.92	-10.20	-12.64	-15.51	-20.29	-21.16	-20.65	-19.88

Last Updated: July 11, 2024, 7:25 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: August 9, 2024, 6:41 pm

Month	Dec 2012	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	TTM
Sales	1,578	2,343	1,779	6,845	17,075	18,478	20,165	20,118	6,261	8,541
Expenses	2,065	2,931	2,148	6,762	16,494	17,644	19,119	18,041	6,814	9,931
Operating Profit	-487	-588	-368	83	581	834	1,045	2,077	-553	-1,390
OPM %	-31%	-25%	-21%	1%	3%	5%	5%	10%	-9%	-16%
Other Income	4	405	54	18	24	-594	12	-9	164	19
Interest	18	71	20	50	204	175	224	993	1,442	1,469
Depreciation	37	61	44	37	33	53	101	1,041	1,328	1,585
Profit before tax	-538	-315	-379	15	368	11	733	34	-3,160	-4,425
Tax %	0%	0%	0%	0%	0%	0%	0%	0%	-1%
Net Profit	-538	-315	-379	15	368	11	733	34	-3,180	-4,445
EPS in Rs	-10.10	-2.25	-2.71	0.09	7.81	0.23	14.58	0.64	-58.64	-81.98
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021
YoY Net Profit Growth (%)	-20.32%	103.96%	2353.33%	-97.01%	6563.64%	-95.36%	-9452.94%
Change in YoY Net Profit Growth (%)	0.00%	124.28%	2249.38%	-2450.34%	6660.65%	-6659.00%	-9357.58%

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	-2%
3 Years:	-30%
TTM:	-2%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	-74%

Stock Price CAGR
10 Years:	%
5 Years:	-64%
3 Years:	-64%
1 Year:	-34%

Return on Equity
10 Years:	%
5 Years:	-9%
3 Years:	-24%
Last Year:	-134%

Last Updated: August 20, 2024, 7:03 am

Balance Sheet

Last Updated: August 9, 2024, 6:41 pm

Month	Dec 2012	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Sep 2021
Equity Capital	533	1,399	1,399	9	94	100	101	105	108	108
Reserves	-1,522	-1,441	-1,687	1,865	2,459	2,996	3,751	3,427	1,091	-1,226
Borrowings	627	183	390	1,122	1,079	1,286	2,657	8,889	11,196	13,811
Other Liabilities	858	377	356	2,589	3,305	3,812	4,019	8,857	6,491	4,915
Total Liabilities	496	517	458	5,585	6,938	8,194	10,528	21,279	18,885	17,608
Fixed Assets	184	143	135	261	554	1,019	1,441	3,372	6,842	6,033
CWIP	39	47	43	-0	12	34	190	4,096	74	77
Investments	-0	-0	-0	-0	-0	0	104	114	114	114
Other Assets	273	327	280	5,325	6,372	7,142	8,793	13,697	11,855	11,383
Total Assets	496	517	458	5,585	6,938	8,194	10,528	21,279	18,885	17,608

Reserves and Borrowings Chart

Cash Flow

Month	Dec 2012	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021
Cash from Operating Activity	-136	-704	-284	262	197	632	-302	-1,837	-155
Cash from Investing Activity	-81	-61	-50	-170	-70	-455	-774	-4,420	-66
Cash from Financing Activity	236	750	320	-11	-88	-130	1,106	6,139	166
Net Cash Flow	19	-15	-14	81	39	47	30	-118	-55

Free Cash Flow

Month	Dec 2012	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021
Free Cash Flow	-1,114.00	-771.00	-758.00	82.00	580.00	833.00	-1.00	-6.00	-564.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Dec 2012	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021
Debtor Days	0	0	0	6	5	5	6	12	24
Inventory Days	37	37	50	238	106	117	125	128	292
Days Payable	161	26	39	159	79	91	89	134	300
Cash Conversion Cycle	-123	11	12	85	32	31	42	6	15
Working Capital Days	-124	5	1	125	59	56	71	92	236
ROCE %			-283%	4%	17%	20%	18%	12%	-14%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022
Promoters	47.02%	47.02%	47.02%	40.31%	41.73%	33.86%	28.00%	20.56%	19.86%	19.86%	18.24%	14.31%
FIIs	13.66%	12.90%	12.60%	12.00%	10.98%	4.39%	2.91%	2.60%	2.91%	2.97%	2.85%	2.60%
DIIs	15.58%	15.20%	14.15%	12.91%	11.09%	6.46%	6.06%	6.08%	6.07%	6.07%	7.21%	6.61%
Public	23.74%	24.88%	26.24%	34.78%	36.20%	55.29%	63.03%	70.76%	71.16%	71.10%	71.70%	76.48%
No. of Shareholders	53,717	53,115	53,906	59,516	1,21,760	4,05,620	4,08,445	4,04,913	4,12,774	4,02,328	4,02,005	4,12,430

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 21	Mar 20	Mar 19
FaceValue	2.00	2.00	2.00
Basic EPS (Rs.)	-59.03	0.23	14.47
Diluted EPS (Rs.)	-59.03	0.22	14.47
Cash EPS (Rs.)	-33.32	21.12	16.54
Book Value[Excl.RevalReserv]/Share (Rs.)	20.17	79.32	76.53
Book Value[Incl.RevalReserv]/Share (Rs.)	20.17	79.32	76.53
Revenue From Operations / Share (Rs.)	116.24	385.51	404.55
PBDIT / Share (Rs.)	-5.80	40.62	21.08
PBIT / Share (Rs.)	-31.30	19.79	19.01
PBT / Share (Rs.)	-58.43	0.33	14.47
Net Profit / Share (Rs.)	-58.81	0.28	14.47
NP After MI And SOA / Share (Rs.)	-58.81	0.21	14.47
PBDIT Margin (%)	-4.99	10.53	5.21
PBIT Margin (%)	-26.92	5.13	4.69
PBT Margin (%)	-50.26	0.08	3.57
Net Profit Margin (%)	-50.59	0.07	3.57
NP After MI And SOA Margin (%)	-50.59	0.05	3.57
Return on Networth / Equity (%)	-291.61	0.27	18.90
Return on Capital Employeed (%)	-25.83	9.88	21.57
Return On Assets (%)	-16.76	0.05	6.86
Long Term Debt / Equity (X)	4.01	1.04	0.09
Total Debt / Equity (X)	9.90	2.09	0.66
Asset Turnover Ratio (%)	0.30	1.26	0.00
Current Ratio (X)	0.80	1.07	1.33
Quick Ratio (X)	0.48	0.58	0.50
Interest Coverage Ratio (X)	-0.21	2.09	4.64
Interest Coverage Ratio (Post Tax) (X)	-1.17	1.01	4.19
Enterprise Value (Cr.)	13071.82	12759.74	25096.38
EV / Net Operating Revenue (X)	2.07	0.62	1.23
EV / EBITDA (X)	-41.54	5.96	23.69
MarketCap / Net Operating Revenue (X)	0.36	0.20	1.12
Price / BV (X)	2.12	0.99	5.93
Price / Net Operating Revenue (X)	0.36	0.20	1.12
EarningsYield	-1.38	0.00	0.03

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value: ₹422.34

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 18,423.68% compared to the current price ₹2.28

Default values used*: Default value of 15 for Stock P/E is used

Intrinsic Value: 174.43

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 7,550.44% compared to the current price ₹2.28

Default values used*: Default value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -58.70%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
	The stock has a low average ROCE of -25.11%, which may not be favorable. The stock has a high average Working Capital Days of 57.89, which may not be favorable. The stock has a high average Cash Conversion Cycle of 12.33, which may not be favorable. The company has higher borrowings (4,124.00) compared to reserves (971.30), which may suggest financial risk. The company has not shown consistent growth in sales (9.90) and profit (-7.80).

Strength

Weakness

The stock has a low average ROCE of -25.11%, which may not be favorable.
The stock has a high average Working Capital Days of 57.89, which may not be favorable.
The stock has a high average Cash Conversion Cycle of 12.33, which may not be favorable.
The company has higher borrowings (4,124.00) compared to reserves (971.30), which may suggest financial risk.
The company has not shown consistent growth in sales (9.90) and profit (-7.80).

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Future Market Networks Ltd:
1. Net Profit Margin: -50.59%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: -25.83% (Industry Average ROCE: 0%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: -291.61% (Industry Average ROE: 0%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): -1.17
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.48
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 0 (Industry average Stock P/E: 0)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 9.9
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

No data availabale for About the Company

INDUSTRY	ADDRESS	CONTACT
Industry not found	Address not found	Contact not found

Management Data not Available

FAQ

What is the latest fair value of Future Market Networks Ltd?

The latest fair value of Future Market Networks Ltd is ₹422.34.

What is the Market Cap of Future Market Networks Ltd?

The Market Cap of Future Market Networks Ltd is 124 Cr..

What is the current Stock Price of Future Market Networks Ltd as on 20 August 2024?

The current stock price of Future Market Networks Ltd as on 20 August 2024 is 2.28.

What is the High / Low of Future Market Networks Ltd stocks in FY 2024?

In FY 2024, the High / Low of Future Market Networks Ltd stocks is 3.86/1.90.

What is the Stock P/E of Future Market Networks Ltd?

The Stock P/E of Future Market Networks Ltd is .

What is the Book Value of Future Market Networks Ltd?

The Book Value of Future Market Networks Ltd is 20.6.

What is the Dividend Yield of Future Market Networks Ltd?

The Dividend Yield of Future Market Networks Ltd is 0.00 %.

What is the ROCE of Future Market Networks Ltd?

The ROCE of Future Market Networks Ltd is 13.7 %.

What is the ROE of Future Market Networks Ltd?

The ROE of Future Market Networks Ltd is 134 %.

What is the Face Value of Future Market Networks Ltd?

The Face Value of Future Market Networks Ltd is 2.00.