Report
EUR 12.95 For Business Accounts Only

Thanks to a better fundamental star rating, FUTURE RETAIL sees an upgrade to Neutral

The independent financial analyst theScreener just awarded an improved star rating to FUTURE RETAIL (IN), active in the Food Retailers & Wholesalers industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 3 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date December 8, 2020, the closing price was INR 76.90 and its expected value was estimated at INR 78.14.
Underlying
Future Retail

Future Retail Limited is an India-based company, which is engaged in the business of retailing a range of household and consumer products through departmental store facilities under various formats. The Company is primarily engaged in the business of multi-brand retail trade. The Company has access to approximately 20 compact hypermarket easyday stores and over 210 supermarket easyday stores. Its retail formats primarily consists of value business and home business. In its value business, the Company formats include Big Bazaar, a hypermarket format; Food Bazaar, a supermarket; fbb, a fashion destination; Foodhall, a supermarket, and easyday convenient stores. In its home business, the Company operates Home Town, a one-shop destination for home improvement, and eZone, a consumer durable and electronics chain.

Provider
TheScreener
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