MIDAS Financing PLC., a non-banking financial institution, provides various financial products and services in Bangladesh. The company’s deposit schemes include term deposit, monthly deposit, monthly/quarterly income deposit, double money deposit, triple money deposit, and millionaire deposit schemes. Its loan and other schemes consist of housing loan, auto loan, call money, consumers credit scheme program, and loan against lien of securities. In addition, the company provides housing loans in the form of term loan for constructing a house and/or purchasing an apartment/readymade house/commercial space. Further, it offers work order finance; merchant banking services; small enterprise development initiative, a program that offers financing facilities in the form of term loan for expansion of existing business for SME and corporate clients; micro enterprise development initiative, a program that provides financing facilities in the form of term loan for the purpose of fixed and working capital requirement for expansion of existing ones; and undertakes treasury operations. Additionally, the company provides lease finance facility to small and medium enterprise and corporate business units in the manufacturing and service industries. MIDAS Financing PLC. was incorporated in 1995 and is headquartered in Dhaka, Bangladesh.
Metrics to compare | MDFL | Peers Peers - average of corresponding metrics from companies closely matching MDFL: FASFIN, IPDC, BAYLEASING, BDFINANCE, ILFSL | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipMDFLPeersSector |
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P/E Ratio | −2.6x | −0.1x | 9.5x | |
PEG Ratio | −0.08 | 0.01 | 0.03 | |
Price/Book | 5.1x | 0.0x | 1.0x | |
Price / LTM Sales | −3.7x | −0.1x | 2.8x | |
Upside (Analyst Target) | - | −9.9% | 13.3% | |
Fair Value Upside | Unlock | −19.1% | 1.7% | Unlock |