FORTUNE Fortune Shoes Limited
Tannery Industries
Tk 14 as of 2026-11-12 14:08:19
Rank 257 of all scored
Data completeness 100%
Data completeness 100%
Score breakdown
Consistency 58
Profitability 9
Solvency 93
Valuation 22
Weights: consistency 30%, profitability 30%, solvency 20%, valuation 20%; then risk flags add or subtract points. Full method
Why this score
Strengths
- Consistency Paid a dividend every year (5/5)
- Solvency Low debt: debt/equity 0.26x (below 0.5)
- Valuation Trades near book value (P/NAV 1.02x)
Concerns
- Consistency EPS rose in only 1 of 4 years (erratic or cyclical)
- Profitability Average ROE only 6.93% (below 10%: capital not working hard)
- Profitability Net profit shrinking 48% a year
- Valuation P/E 127.27 is high (above 20)
- Valuation Price is 140% above the Graham fair value (Tk 5.8)
Risk flags
- Category Z (poor/defaulting: gambling favourite, avoid for long-term)
- Mid cap (Tk 200-1,000 cr)
- Thin trading (last day ~Tk 0.12 cr)
Valuation
P/E
P/E audited
P/E current
P/B
NAV per share
EPS (last audited year)
Graham fair value
Margin of safety
52-week range
40% above the low, 36.1% below the high. Near the low is only interesting if profit is intact (see concerns above) and the fall has a temporary cause.
Quality and growth
ROE
ROE avg
ROE min
Profit CAGR
Profit YoY
Net profit
EPS up
Loss years (last ~5)
Dividends and safety
Div years
Dividend yield
Payout
Cash div
D/E
Loans/MCap
Size, liquidity and ownership
MCap
Free float
Daily turnover
Sponsor %
Inst. %
Public %
Foreign %
Shareholding
- Sponsor/director 30.9%
- Institution 16.7%
- Public 52.4%
Audited history
| Year | EPS (Tk) | NAV/share | Net profit (cr) | Cash div % | Bonus % |
|---|---|---|---|---|---|
| 2021 | 1.59 | 14.24 | 25 | 10 | 5 |
| 2022 | 2.3 | 14.3 | 37 | 10 | 5 |
| 2023 | 1.05 | 14.56 | 18 | 5 | 0 |
| 2024 | 0.5 | 13.58 | 8 | 1 | 0 |
| 2025 | 0.11 | 14.7 | 2 | 0.5 | 0 |
Fiscal year ends June. EPS, NAV and profit are as audited by the company and published by DSE. Financials last fetched: 14/11/2026.
Shariah screen (partial)
Business screen and the debt ratio (loans / market cap 25.2%, limit 33%) are automated. Interest income (under 5% of revenue) and cash/investment ratios must be checked in the annual report.
Educational, not investment advice. Verify on DSE and StockNow before making any decision.