Ratings Relaxo Footwears Limited

Equities

RELAXO

INE131B01039

Market Closed - Bombay S.E. Other stock markets 11:00:50 26/04/2024 BST			5-day change	1st Jan Change
830.8 ^INR	-0.44%		+2.09%	-8.00%

04-18	Relaxo Footwears Limited Announces Resignation of Ashish Bansal from the Position of General Manager - Internal Auditor	CI
03-29	Relaxo Footwears Limited Announces Board Changes	CI

Summary

From a short-term investment perspective, the company presents a deteriorated fundamental situation

Strengths

The earnings growth currently anticipated by analysts for the coming years is particularly strong.
The company is in a robust financial situation considering its net cash and margin position.

Weaknesses

The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 102.37 times its estimated earnings per share for the ongoing year.
The company's "enterprise value to sales" ratio is among the highest in the world.
In relation to the value of its tangible assets, the company's valuation appears relatively high.
The valuation of the company is particularly high given the cash flows generated by its activity.
The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
Revenue estimates are regularly revised downwards for the current and coming years.
For the past year, analysts have significantly revised downwards their profit estimates.
For the last four months, EPS estimates made by Standard & Poor's analysts have been revised downwards.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Footwear

	1st Jan change	Capi.	ESG Refinitiv
RELAXO FOOTWEARS LIMITED	-8.00%	2.48B	C
DECKERS OUTDOOR CORPORATION	+24.69%	21.39B	B+
HUALI INDUSTRIAL GROUP COMPANY LIMITED	+21.58%	10.31B	C+
BIRKENSTOCK HOLDING PLC	-6.73%	8.54B	-
CROCS, INC.	+34.25%	7.61B	B-
PUMA SE	-13.48%	6.99B	A-
POU CHEN CORPORATION	+16.67%	3.26B	A-
YUE YUEN INDUSTRIAL (HOLDINGS) LIMITED	+65.97%	2.95B	B-
BATA INDIA LIMITED	-17.43%	2.1B	B
TOD'S S.P.A.	+25.95%	1.52B	B+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders