TAMILNAD MERCANTILE BANK LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 468.7 INR | -0.49% |
|
-2.29% | -7.09% |
| 06/05 | Tamilnad Mercantile Bank to Open Two New Branches in India | MT |
| 04/05 | Tamilnad Mercantile Bank Limited Announces Opening of New Branches | CI |
Valuation
| Fiscal Period: March | 2023 |
|---|---|
| Capitalization 1 | 64,544 |
| Enterprise Value (EV) 1 | 50,195 |
| P/E ratio | 6.27 x |
| Yield | 2.45% |
| Capitalization / Revenue | 2.54 x |
| EV / Revenue | 1.97 x |
| EV / EBITDA | - |
| EV / FCF | - |
| FCF Yield | - |
| Price to Book | 0.93 x |
| Nbr of stocks (in thousands) | 1,58,351 |
| Reference price 2 | 407.6 |
| Announcement Date | 12/08/23 |
1INR in Million2INR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 10,196 | 11,567 | 14,358 | 17,780 | 22,356 | 25,440 |
| EBITDA | - | - | - | - | - | - |
| EBIT | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - |
| Earnings before Tax (EBT) 1 | 3,097 | 3,965 | 5,849 | 7,984 | 11,246 | 13,936 |
| Net income 1 | 2,219 | 2,586 | 4,077 | 6,033 | 8,219 | 10,293 |
| Net margin | 21.77% | 22.35% | 28.39% | 33.93% | 36.76% | 40.46% |
| EPS 2 | 15.57 | 18.14 | 28.61 | 42.34 | 57.67 | 65.00 |
| Free Cash Flow | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - |
| Dividend per Share 2 | 3.200 | 3.200 | - | 5.000 | 6.000 | 10.00 |
| Announcement Date | 25/06/18 | 30/05/19 | 04/09/21 | 04/09/21 | 17/05/22 | 12/08/23 |
1INR in Million2INR
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - |
| Net Cash position 1 | 90.3 | 14,360 | 22,017 | 12,851 | 21,017 | 14,349 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | 6.7% | 7.36% | 10.7% | 14.1% | 16.6% | 16.8% |
| ROA (Net income/ Total Assets) | 0.59% | 0.66% | 0.98% | 1.34% | 1.64% | 1.86% |
| Assets 1 | 3,74,542 | 3,92,264 | 4,16,482 | 4,51,458 | 5,01,929 | 5,53,782 |
| Book Value Per Share 2 | 239.0 | 254.0 | 279.0 | 321.0 | 374.0 | 438.0 |
| Cash Flow per Share 2 | 36.60 | 101.0 | 177.0 | 90.20 | 147.0 | 124.0 |
| Capex 1 | 259 | 341 | 204 | 376 | 1,070 | 896 |
| Capex / Sales | 2.54% | 2.95% | 1.42% | 2.11% | 4.79% | 3.52% |
| Announcement Date | 25/06/18 | 30/05/19 | 04/09/21 | 04/09/21 | 17/05/22 | 12/08/23 |
1INR in Million2INR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| -7.09% | 888M | |
| +24.25% | 208B | |
| -0.27% | 71.94B | |
| +12.23% | 57.69B | |
| +20.21% | 50.35B | |
| +5.31% | 49.08B | |
| +32.07% | 46.89B | |
| +10.86% | 36.93B | |
| -15.79% | 35.32B | |
| -96.60% | 32.24B |
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