Future Retail Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030) | Future Retail Ltd Fundamentals, Businesses and more
Future Retail is penny stock which is currently trading around Rs.2. The stock has given negative returns since 2016, which is -98%. So it comes to the point, whether it would be right to invest in the stock of this company or not. We will know all this in this article, so, stay till the end of this blog.
Hey friends, I am Sachin, an author of this blog and have a good experience in predicting the price of the share. So mainly our focus will be in providing good information of the stock of Future Retail Limited, so that you can decide yourself whether to invest in it or not. So, after knowing about company, we will try to speculate Future Retail Share Price Target, let’s get started.
About Future Retail Ltd
Future Retail Ltd is one of the leading retail company who is operating popular retail chains such as Big Bazaar, Easyday, and fbb in india. It offers a wide range of products including groceries, fashion, electronics, and household items.
The company focuses on providing value for money to its customers through good pricing and a diverse product range. With a strong presence across the country, Future Retail aims to cater to the fulfilling needs and preferences of Indian consumers.
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Future Retail Fundamentals
| Market Cap. | ₹141 Cr |
| P/E ratio | NA |
| EPS | -81.43 |
| ROE | -120.88% |
| Dividend Yield | NA |
| Book Value | -22.51 |
| Debt | ₹13,811 Cr |
| Debt To Equity ratio | 10.82 |
Future Retail Financial Trends
If we talk about the Revenue and Profit of Future Retail Company then –
Its revenue in 2018 has been ₹ 18,478 Cr and profit is ₹ 11.31 Cr. There was a revenue of ₹ 20,333 Cr in 2019 and a profit of ₹ 727 Cr. In the same 2020, there was a profit of ₹ 11.57 crore with a revenue of ₹ 20,332 Cr. And this year i.e. in 2022 there has been a profit of ₹ -3190 Cr with a revenue of ₹ 6,304 Cr.
Future Retail Share Price Target Table
| Year | First Target | Second Target |
|---|---|---|
| Future Retail Share Price Target 2023 | ₹2.8 | ₹3.0 |
| Future Retail Share Price Target 2024 | ₹3.5 | ₹3.8 |
| Future Retail Share Price Target 2025 | ₹4.6 | ₹5.2 |
| Future Retail Share Price Target 2026 | ₹6.0 | ₹7.8 |
| Future Retail Share Price Target 2027 | ₹9.3 | ₹10 |
| Future Retail Share Price Target 2028 | ₹12 | ₹13 |
| Future Retail Share Price Target 2029 | ₹16 | ₹18 |
| Future Retail Share Price Target 2030 | ₹23 | ₹26 |
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Future Retail Share Price Target 2023
The company has been performing poorly for a long time due to which its returns are negative. If we look at the past 1 year returns of Future Retail, it is -69%, while its last 6 months returns are 18%. So we can infer from this that share price target of future retail in 2023 can be ₹2.8 and second target can be ₹3.
Future Retail Share Price Target 2025
The financials trends of the company is gradually decreasing which results in huge decline in its share price. The company’s profit in 2021 is ₹-3120 crores, which is a big loss for the company. While looking at its revenue and net worth, a decline of 70% is being seen.
So looking at this, we can understand that by 2025, instead of growth in the company, we can get to see huge downfall in its share price. So the expected Future Retail share price target for 2025 could be ₹4.6 and maximum price can be ₹5.2.
Future Retail Share Price Target 2030
Its fundamentals are equally bad along with its financials. Because its ROE is -120%, its EPS is -81, And the fundamentals of such a stock being negative is not a good sign. If we look at its debt, it is very high because its debt to equity ratio is 10.82, while its debt is more than 13,811 crore.
Due to bad fundamentals and financials, we cannot expect good returns from this stock. So we can infer from this that Future Retail share price target for 2030 can be ₹23 and second target can be ₹26.
What Is Future Of Future Retail Share?
If we talk about the future of Future Retail Share, then we can see it in even worse condition. Because its profit revenue and net worth is continuously falling. That’s why, in the future, the investors of Future Retail’s share can suffer a lot of loss and it is already happening. So it would be beneficial to stay away from this stock.
For more details about the share of Future Retail Ltd, you can consider to watch this video –
Conclusion
This sector is growing rapidly, which means companies which is related to this sector have good potential for future profits. If you’re thinking of investing in Future Retail shares, keep in mind that the company’s financials so bad right now, and it is continuously deteriorating every years.
So, it’s better to consider this investment for the long term instead of expecting quick profit. But before investing at any price, make sure to analyze the stocks yourself or consult a financial advisor befor making any investment decisions.
FAQs
When is it right to invest in Future Retail share?
Whenever you get undervalued shares of Future Retail or if there is a slight decline in the stock, then you can invest in it. Or you can invest small amount every month in this stock.
Is Future Retail Debt free company?
No, the company “Future Retail” has a huge debt of ₹13,811 crore and its debt to equity ratio is 10.82.
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DISCLAIMER – Stock Market Investment are subject to market risks, read all scheme related documents carefully before investing.
