Future Market Networks reports 30.4% revenue decline in FY2016
27-05-2016 • About Future Market Networks (
$FMNL) • By InTwits
Future Market Networks reported FY2016 financial results today. Below you can find a comprehensive analysis of the key data driving the company's performance and the stock price.
Revenue and profitability
The company's Revenue dropped on 30.4%.
Net Income margin jumped on 49.3 pp from -49.8% to -0.44% in FY2016. During the last 5 years Net Income margin bottomed in FY2015 at -49.8%.
Financial and operational results
Future Market Networks ($FMNL) key annual financial indicators| mln. INR | 2012 | 2013 | 2014 | 2015 | 2016 | 2016/2015 |
|---|
P&L
|
|---|
| Revenue | 1,652 | 1,589 | 1,607 | 1,569 | 1,091 | -30.4% |
| EBITDA | 415 | | 295 | | | |
| Net Income | 1 | -609 | -764 | -781 | -5 | |
Balance Sheet
|
|---|
| Cash | 74 | | 115 | | | |
| Short Term Debt | 730 | | 2,646 | | | |
| Long Term Debt | 5,265 | | 8,430 | | | |
Cash flow
|
|---|
| Capex | 1,124 | | | | | |
Ratios
|
|---|
| Revenue growth | 58.6% | -3.8% | 1.1% | -2.4% | -30.4% | |
| EBITDA growth | 219.6% | | | | | |
|
|---|
| EBITDA Margin | 25.1% | | 18.4% | | |
| Net Income Margin | 0.0% | -38.3% | -47.5% | -49.8% | -0.4% | 49.3% |
| CAPEX, % of revenue | 68.1% | | | | | |
|
|---|
| ROIC | 2.5% | | | | | |
| ROE | 0.0% | | | | | |
| Net Debt/EBITDA | 14.3x | | 37.1x | | |
Peers in Department Stores
Below you can find Future Market Networks benchmarking vs. other companies in Department Stores industry. It's shown for the period of 5 years for the key financial metrics. Each table has median value for all the companies in the industry together with individual financial data of the top-5 companies in the industry by particular financial metric.
Top companies by Revenue growth, %
| Top | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Pantaloons Fashion & Retail ($PFRL) | - | 7,273.1% | 29.3% | 11.4% | 227.4% |
| Store One Retail India ($STOREONE) | - | - | - | - | 93.1% |
| Trent ($TRENT) | - | 15.6% | 9.4% | -2.1% | 4.9% |
| |
|---|
| Median (3 companies) | 31.7% | 36.0% | 29.3% | 11.4% | 93.1% |
|---|
| Future Market Networks ($FMNL) | - | -3.8% | 1.1% | -2.4% | -30.4% |
Top companies by EBITDA margin, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Store One Retail India ($STOREONE) | - | - | - | 31.2% | 31.0% |
| V-Mart Retail ($VMART) | 10.3% | 10.5% | 9.4% | 8.9% | - |
| Pantaloons Fashion & Retail ($PFRL) | 2.5% | 5.5% | 2.1% | 4.0% | 6.6% |
| Trent ($TRENT) | -2.3% | -0.4% | 0.7% | 3.3% | 5.9% |
| Rei Six Ten Retail ($REISIXTEN) | - | - | - | -2.2% | - |
| |
|---|
| Median (5 companies) | 2.5% | 5.5% | 2.1% | 4.0% | 6.6% |
|---|
Top companies by CAPEX/Revenue, %
| Top | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Trent ($TRENT) | 8.8% | 5.4% | 5.8% | 6.9% | 7.0% |
| Pantaloons Fashion & Retail ($PFRL) | 0.0% | 2.3% | 5.7% | 6.3% | 18.3% |
| V-Mart Retail ($VMART) | 4.8% | 5.8% | 5.8% | 4.7% | - |
| |
|---|
| Median (3 companies) | 4.8% | 5.4% | 5.8% | 6.3% | 12.7% |
|---|
Top companies by ROIC, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| V-Mart Retail ($VMART) | 26.3% | 23.5% | 21.9% | 26.3% | - |
| Trent ($TRENT) | -6.2% | -3.5% | -2.6% | 0.1% | 4.3% |
| Pantaloons Fashion & Retail ($PFRL) | 33.2% | 1.3% | -3.6% | -6.8% | 3.0% |
| Rei Six Ten Retail ($REISIXTEN) | 1.2% | -3.4% | - | - | - |
| Store One Retail India ($STOREONE) | - | - | - | - | - |
| |
|---|
| Median (5 companies) | 13.8% | -1.0% | -2.6% | 0.1% | 3.7% |
|---|
| Future Market Networks ($FMNL) | 2.5% | - | - | - | - |
Top companies by Net Debt / EBITDA
| Top | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Pantaloons Fashion & Retail ($PFRL) | -0.1x | 23.9x | 30.0x | 17.8x | 4.6x |
| Trent ($TRENT) | - | - | 16.6x | 0.9x | 2.4x |
| V-Mart Retail ($VMART) | 1.3x | 0.5x | 0.8x | 0.4x | - |
| Store One Retail India ($STOREONE) | - | - | - | 0.0x | 0.0x |
| |
|---|
| Median (4 companies) | -0.1x | 0.5x | 16.6x | 0.6x | 2.4x |
|---|
