Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
First Finance. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
First Finance's earnings available for a low price, and how does
this compare to other companies in the same industry?
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as First Finance has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Consumer Finance industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare First Finance's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare First Finance's earnings growth to the Bangladesh market average as no estimate data is available.
Unable to compare First Finance's revenue growth to the Bangladesh market average as no estimate data is available.
Unable to determine if First Finance is high growth as no earnings estimate data is available.
Unable to determine if First Finance is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
First Finance's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Md. Tuhin Reza serves as the Managing Director, Chief Executive Officer and Director at First Finance Limited since 2019. Mr. Md. Tuhin Reza is an experienced and accomplished banking personal with in-depth knowledge and expertise in retail banking, corporate banking, SME banking and alternate channels. Additionally, he has sound expertise in Capital Market. He started his banking career in 2000 at IFIC Bank Ltd. He then served Standard Chartered Bank, ICB Islamic Bank, Alif Assets Management and Bengal Investments before joining First Finance Limited as Additional Managing Director in 2016. For his outstanding performance, he was awarded as ‘Most Volume Contributor’ in 2006 and 2007 and received ‘BFS Champion Award 2003’ at by Standard Chartered Bank. He also received Best Coordinator (Training) at IFIC Bank in 2001 and 2002. Mr. Reza has a Masters in Social Science and Masters in Business Administration. He participated in numerous television shows as a Capital Market Specialist in several national television channels.
Insufficient data for Md. to compare compensation growth.
Insufficient data for Md. to establish whether their remuneration is reasonable compared to companies of similar size in Bangladesh.
Management Team Tenure
Average tenure of the
management team in years:
The average tenure for the First Finance management team is less than 2 years, this suggests a new team.
MD, CEO & Director
Assistant VP & Head of Legal
Senior Vice President
Senior EVP & Head of CRM
Senior Executive Vice President
Executive VP & Head of Recovery & Monitoring
Head of ICC Department & Assistant VP
SAVP and Head of ICT & Branding
Assistant VP & Head of Liability
Mohammad Khan Dipu
Senior VP & Head of Treasury
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the First Finance board of directors is less than 3 years, this suggests a new board.
Board of Directors
Chairman of the Board
MD, CEO & Director
Md. Mujibur Chowdhury
Independent Vice Chairman of the Board
Khan Mohammad Hasan
Independent Vice Chairman of the Board
A.Q.M. Faisal Chowdhury
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
First Finance Limited provides financial services to industrial and commercial customers in Bangladesh. It offers term deposits; car, home, real estate related, renewable continuous, women entrepreneur, and small and medium enterprise loans; and bridge and hire purchase equity, lease/loan, working capital, short term, corporate, structured, and syndicated finance services. The company also offers bill purchase/discounting and monthly saving scheme services. It operates through a network of six branches. The company was formerly known as First Lease Finance and Investment Limited and changed its name to First Finance Limited in April 2015. First Finance Limited was founded in 1993 and is headquartered in Dhaka, Bangladesh.
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