Metro Brands Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030), Metro Brands Fundamentals, Financial Trends and more
Do you wanna know about the share price target of Metro Brands? If yes, then you have come to the right place.
So we are going to talk about stock of footwear sector. In this sector, we can see a lot of growth in the coming years. You can see growth in this sector because now the Indian footwear market valued is $13.49 billion. And in the coming 5 years, the market value of Indian footwear will be upto $27.84 billion, which means you can see a sea growth of 12.83%. So, the company Metro Brands Limited is on of the most valuable player in this sector.
In this article we are going to do detailed analysis of Metro Brands Limited shares. We will know its share price target, fundamentals & Financial Trends of Metro Brands and more. So stay tuned till the end of this article. So you can consider by yourself that this stock is good or not for your investment.
About Metro Brands Limited
This company was established in 1977 by Malik Tejani as Metro Shoes, but letter on, this company renamed as Metro Brands. This company is headquartered in Mumbai, Maharashtra, India. Metro Brands company has 672 stores located in 158 cities of India. This company owns top footwear company, some of them are Metro, Walkway, Da Vinchi, Mochi, J. Fontini, Crocs etc.
The IPO of Metro Brands came in December 2020 and since then it has given returns of up to 75%. It is a large cap stock with a market capitalisation of more than 20 thousands crores. Metro Brands’s fundamentals and financial trends are also good, so let’s see it too.
| Company | Metro Brands Limited |
|---|---|
| Founded | 1977 |
| Founder | Malik Tejani |
| Employees | 501 – 1000 |
| Controller | Ms Farah Bhanji (MD) |
| Listed on | NSE & BSE |
| Official Website | metrobrands.com |
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Financial Trends of Metro Brands
If we talk about the Revenue and Profit of Metro Brands Company then –
Its revenue in 2019 has been ₹ 1,217 Cr and profit is ₹ 148 Cr. There was a revenue of ₹ 1,285 Cr in 2020 and a profit of ₹ 157 Cr. In the same 2021, there was a profit of ₹ 68.2 crore with a revenue of ₹ 800 Cr. And this year i.e. in 2022 there has been a tremendous profit of ₹ 212 Cr with a revenue of ₹ 1,343 Cr.
Metro Brands Fundamentals Analysis
| Market Cap. | ₹29,180 Cr |
| P/E Ratio | 83.44 |
| EPS | 12.87 |
| ROE | 25.70% |
| Book Value | 56.96 |
| Dividend Yield | 0.28% |
| Debt | ₹ 943 Cr |
| Debt To Equity | 0.61 |
- P/E Ratio (TTM): A P/E ratio of 83.44 suggests that investors are willing to pay a high price for each unit of earnings. This could be due to high growth expectations, but such a high P/E ratio might also reflect overvaluation, potentially making the stock riskier.
- EPS (TTM): An EPS of 12.87 indicates the company’s ability to generate earnings for its shareholders. This is a positive sign and indicates that Metro Brands is profitable.
- Dividend Yield: The dividend yield of 0.28% is relatively low, which means the company provides a small annual dividend relative to its stock price. This might not be attractive for income-oriented investors.
- Industry P/E: Comparing Metro Brands’ P/E to the industry average (28.08) suggests that it might be trading at a higher valuation than its industry peers.
- Book Value: The book value per share (56.96) indicates the net asset value. The high book value could imply the company’s underlying value and assets.
- Debt to Equity: A debt-to-equity ratio of 0.61 suggests a moderate level of debt, which could be manageable.
For more details about this stock, watch the given video –
Metro Brands Share Price Target 2023, 2024, 2025, 2026, 2030 Table
| Year | Minimum Price | Maximum Price |
|---|---|---|
| Metro Brands Share Price Target 2023 | 890 | 910 |
| Metro Brands Share Price Target 2024 | 1125 | 1135 |
| Metro Brands Share Price Target 2025 | 1450 | 1480 |
| Metro Brands Share Price Target 2026 | 1678 | 1780 |
| Metro Brands Share Price Target 2027 | 2010 | 2100 |
| Metro Brands Share Price Target 2028 | 2459 | 2480 |
| Metro Brands Share Price Target 2029 | 2670 | 2690 |
| Metro Brands Share Price Target 2030 | 3200 | 3500 |
Metro Brands Share Price Target 2023
The net worth and revenue of Metro Brands is growing very well. But the profit of this company is increasing as compared to 2019, less profit has been made in 2021, but this company has given better profit in 2022 of INR 212 crore than in 2019 of INR 148 crore. So the company is performing well, in this case we can see a good profit in future. Therefore, Metro Brands Share Price Target 2023 can be of INR 890 and second target can be INR 910.
Metro Brands Share Price Target 2024
The Metro Brands products are mainly manufacture mid level or high level products. Apart from this, the company also exports its products globally, from which the Metro Brands earn most of the revenue. Looking at the company’s business and sales growth, Metro Brands Share Price Target 2024 will can be seen up to INR 1,125. After that, the second share price target is likely to go up to INR 1,135 in 2024.
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Metro Brands Share Price Target 2025
Metro Brands can perform well in the long term as its fundamentals and financial trends are almost right. Anyway, our research shows that there will be long term profit and it is an footwear sector company which has a lot of growth potential. So let’s know about Metro Brands Share Price Target 2025, So friends we will see first target of INR 1,450 and second target can be seen of INR 1480. Whether to invest in it or not depends on your analysis, so once check everything about Metro Brands by yourself.
Metro Brands Share Price Target 2030
Metro Brands Limited is continuously expanding its business and manufacturing its products from new technology. Due to which the company is getting better orders and the Metro Brands company is also exporting its products to the international market. Looking at that, the demand for Footwear always remains and the demand for stylish footwear will always remain in the future, due to which by 2030 the company can prove to be a multibagger company. Coming to the point, Metro Brands Share Price Target 2030 can be seen INR 3200 and second target can be INR 3600.
Conclusion
If you want invest in the share market without any knowledge or just by looking at the share price target then do not do this. It is not possible to predict the stock market, so looking at any such target, you cannot find out the potential of any stock. There are many reasons behind the rise and fall of shares, so invest with proper knowledge.
I hope you would have enjoyed reading Metro Brands Share Price Target 2023, 2024, 2025, 2026, 2030 and also got to know something. If possible, share this article as much as possible.
FAQs
Q: Who is the owner of Metro Brands?
Ans: Malik Tejani is the owner of Metro Brands.
Q: Is Metro Brands can become multibagger in future?
Ans: Frankly speaking, no one can tell which stock can become a multibagger. But yes the share of Metro Brands can perform well in future because its fundamentals plus technical are almost right
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