Analysis GTN Textiles Limited (GTNTEX)
6/2/2024
Analysis of GTN Textiles Limited (GTNTEX)
GTN Textiles Limited has been showing some fluctuations in its stock price recently. The Relative Strength Index (RSI) values have been hovering around the mid-range, indicating a balanced market sentiment. The Moving Average Convergence Divergence (MACD) indicator suggests a slight bullish momentum, with the MACD line above the signal line.The stock price has been moving within a certain range, with the Simple Moving Average (SMA) and Exponential Moving Average (EMA) values staying close to each other. This could indicate a period of consolidation or indecision in the market.
Overall, GTN Textiles Limited seems to be experiencing some stability in its stock price, with no clear trend in either direction. Traders and investors may want to closely monitor the RSI and MACD indicators for potential signals of a shift in momentum.
Earnings
The company's results for the most recent quarter, ending on April 30, 2025, have not been provided at this time. The previous quarter's results, ending on February 27, 2025, were handled by the Transfer Agent. The quarter before that, ending on January 31, 2025, had results released after hours. The results for the quarter ending on October 31, 2024, were not provided at the time. However, for the quarter ending on August 1, 2024, the company had an EPS estimate of 1.32.Main Statystic ðŸ§
The company's financials show a strong cash flow, with operating cash flow at $110.56 billion and levered free cash flow at $84.73 billion. The balance sheet indicates a total cash of $67.15 billion and total debt of $104.59 billion, resulting in a current ratio of 1.037. The company has a book value per share of $4.837 and total cash per share of $4.379, with a total debt to equity ratio of 140.968.In terms of profitability, the company has a profit margin of 26.31% and an operating margin of 30.74%. The return on assets is 22.07% and the return on equity is 147.25%. The most recent quarter ended on March 31, 2024, and the fiscal year ends on September 30, 2023.
From the income statement, we see that the company has an EBITDA of $131.39 billion, revenue of $381.62 billion, and a net income to common of $100.39 billion. The diluted EPS is $6.43, with a revenue per share of $24.54. The company experienced a negative quarterly revenue growth of -4.3% and a negative quarterly earnings growth year over year of -2.2%.
In terms of stock statistics, the company has a short ratio of 1.53 and a short percent of shares outstanding of 0.65%. The float shares are 15.31 billion, with 99.29 million shares shorted. The company's stock is held by insiders at 5.22% and by institutions at 57.59%.
The valuation metrics show a PEG ratio of 26.32, a forward PE of 26.32, and a trailing PE of 29.59. The enterprise value is $2.95 trillion, with a price to book ratio of 39.34 and a price to sales ratio of 7.65. The enterprise to EBITDA ratio is 22.76 and the enterprise to revenue ratio is 7.73. The market capitalization is $2.92 trillion.
In terms of stock price summary, the beta is 1.264, with a 50-day moving average of $176.26 and a 200-day moving average of $181.04. The fifty-two-week low is $164.08, the high is $199.62, and the change is 6.85%.
Regarding dividends and splits, the company has a payout ratio of 14.93% and a forward annual dividend rate of 1. The 5-year average dividend yield is 0.73% and the forward annual dividend yield is 0.53%. The trailing annual dividend rate is 0.97% and the trailing annual dividend yield is 0.51%. The last dividend date was on May 16, 2024, and the ex-dividend date is on May 10, 2024. The last split date was on August 31, 2020, with a 4-for-1 split.
Income statement 💸
Here are the revenue figures for the company over the past four fiscal years:- 2020: $274,515,000,000
- 2021: $365,817,000,000
- 2022: $394,328,000,000
- 2023: $383,285,000,000
From these numbers, we can observe the following trends:
1. There was a steady increase in revenue from 2020 to 2022, with a slight decrease in 2023.
2. The company experienced significant growth in revenue from 2020 to 2022, indicating positive performance.
3. The slight decrease in revenue in 2023 could be a result of various factors such as market conditions, competition, or internal changes within the company.
4. Overall, the company has shown a strong revenue performance over the past four years, with 2022 being the highest revenue-generating year.
Balance Sheet
These are balance sheets. Here are the conclusions:1. The total assets have been increasing over the years, reaching $365,725,000,000 in 2018.
2. Current assets fluctuate, with the highest value in 2019 at $162,819,000,000.
3. Non-current assets have been increasing steadily, with the highest value in 2019 at $175,697,000,000.
4. Total liabilities have also been increasing, reaching $255,355,000,000 in 2018.
5. Shareholders' equity has been fluctuating, with the highest value in 2018 at $107,147,000,000.
6. The company has been relying more on non-current assets to finance its operations over the years.
7. There is a significant amount of short-term debt in the current liabilities, indicating a need for short-term financing.
8. Accumulated depreciation has been increasing, which may indicate aging assets or changes in depreciation methods.
9. The company has been investing heavily in machinery, furniture, and equipment as seen in the non-current assets section.
10. Retained earnings have been negative in some years, indicating losses or dividend payouts exceeding profits.
Cash Flow 💶
This is the cash flow statement. Here are some conclusions we can draw from the data:1. The company's free cash flow has been fluctuating over the years, with the highest value recorded in 2022 and the lowest in 2020.
2. Operating cash flow has generally been increasing year over year, indicating improved operational efficiency.
3. The company has been consistently paying interest and income taxes, with varying amounts each year.
4. Financing activities show significant cash outflows, mainly due to common stock repurchases and debt payments.
5. Investing activities also show significant cash flows, with the company making investments through acquisitions and the sale/purchase of investments.
6. The end cash position has been fluctuating, but overall, the company has maintained a healthy cash balance.
7. Stock-based compensation has been a significant non-cash item impacting the company's financials.
8. The company has been paying dividends to shareholders, with varying amounts each year.
9. The company has been managing its debt through issuances and payments, with a mix of short-term and long-term debt.
10. Overall, the company's cash flow statement reflects a mix of operational, investing, and financing activities that impact its financial health and performance.
Earnings estimate
Based on the analysts' estimates for future quarterly and annual earnings per share:1. For the current quarter ending on June 30, 2024, the average EPS estimate is $1.23, with a low estimate of $1.18 and a high estimate of $1.26. This shows an improvement compared to the EPS of $1.17 from the same quarter a year ago.
2. For the next quarter ending on September 30, 2024, the average EPS estimate is $1.42, with a low estimate of $1.33 and a high estimate of $1.51. This also indicates growth from the EPS of $1.35 in the same quarter last year.
3. Looking at the estimates for the current year ending on September 30, 2024, the average EPS estimate is $6.10, ranging from a low estimate of $5.95 to a high estimate of $6.41. This reflects an increase from the EPS of $5.67 for the previous year.
4. For the next year ending on September 30, 2025, the average EPS estimate is $6.69, with a low estimate of $5.92 and a high estimate of $7.31. This suggests a growth trajectory from the EPS of $6.10 in the previous year.
Overall, the analysts' estimates point towards a positive outlook for the company's earnings per share, showing a trend of expected growth in both the short term and the long term.
Revenue estimate
The analysts' estimates for the future quarterly and annual sales of the company indicate a moderate growth trend.For the current quarter ending on June 30, 2024, the average estimate is $77,545,400,000, representing a 2% increase from the same period last year. The number of analysts providing estimates is 25.
Looking at the next quarter ending on September 30, 2024, the average estimate is $85,501,800,000, with a sales growth of 3% compared to the previous year. Again, 25 analysts have contributed to these estimates.
For the current fiscal year ending on September 30, 2024, the average estimate is $357,772,000,000, showing a 1% growth from the previous year. The number of analysts providing estimates for the annual sales is 38.
In the following fiscal year ending on September 30, 2025, the average estimate is $380,772,000,000, indicating a more significant growth of 6% from the current fiscal year. The number of analysts remains at 38.
Overall, the estimates suggest a steady growth trajectory for the company's sales in both the short term and the long term.
Growth estimates
Based on the consensus estimates provided by analysts, we can draw the following conclusions regarding the growth rate of the company for different periods:1. Current Quarter: The estimated growth rate for the current quarter is 5.1%.
2. Next Quarter: The estimated growth rate for the next quarter is 5.2%.
3. Current Year: The estimated growth rate for the current year is 7.6%.
4. Next Year: The estimated growth rate for the next year is 9.7%.
5. Past 5 Years (per annum): The average annual growth rate for the past 5 years is 20.1%.
6. Next 5 Years (per annum): The estimated average annual growth rate for the next 5 years is 9.7%.
These estimates suggest a positive growth trend for the company, with a slight slowdown compared to the past 5 years but still showing healthy growth rates for the upcoming periods.
Price target
Based on the analysts' forecast, the future price of the security is expected to range between $164 (low) and $250 (high), with a median estimate of $200. The average forecasted price is $202.26, while the current price stands at $191.57.MACD of GTNTEX
This is not investment advice. Remember to verify the information provided here.
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