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MM FORGINGS
Intrinsic Value | Fundamental Analysis

BOM : 522241     NSE : MMFL    
LT :  
    Long Term Analysis
Fundamentals : Average
Valuation : Average [Stock is fairly valued]
Debt : High
Updated:
ST :  
    Short Term Analysis
Quarterly Earnings Trend : Neutral
Price Momentum : Downward
Pledged Shares : None or < 25%
Mar 28,2024
Price(EOD): ₹ 871.50
This is the End-of-Day (EOD) Stock Price updated daily by 7 pm IST.
Forgings
MCap: ₹ 2,100.32 Cr
Value of ₹ 1 Lac invested in MM FORGINGS
on Mar 27,2019 (price: ₹ 535.50)

₹ 1 L

₹ 1.63 L

1W : -0.3% 1M : -9.6% 1Y : 3.7%
COMMUNITY POLL
for MM FORGINGS
Please provide your vote to see the results
Industry Peers & Returns1W1M1Y
MM FORGINGS -0.3% -9.6% 3.7%
BHARAT FORGE 1.3% -0.2% 45.2%
CIE AUTOMOTIVE INDIA NA NA NA
RAMKRISHNA FORGINGS 3.1% -12.5% 151.2%
LGB FORGE 3.6% -21.4% 12.9%
HILTON METAL FORGING -4.9% -24% 7.5%
KALYANI FORGE NA NA NA
SAMRAT FORGINGS NA NA NA
TIRUPATI FORGE 2.2% -16.3% 72.6%

FUNDAMENTAL ANALYSIS OF MM FORGINGS

 
Fundamentals Score
[ Q(TTM): Dec2023, Y: Mar2023
Q : Last Qtr data
Y : Last Audited Annual/Yearly Data
TTM i.e. Trailing Twelve Months is calculated using last 4 quarterly data and is a good substitute to track last 4 Qtr Annual result before the subsequent year data is published and audited.
Learn More
]


VALUATION OF MM FORGINGS

 
Valuation Score
[As on : Mar 28,2024 ]

Ratio Consolidated
P/E
P/B
P/S
16.45
P/E Calculated based on Trailing Twelve Months (TTM) Earnings of Rs 127.92 Cr
[Latest Qtr - Dec2023 - Consolidated Results ]

3.13
P/B Calculated based on Book Value of Rs 673.01 Cr
[Latest Year - Mar2023 - Consolidated Results ]

1.35
P/S Calculated based on Trailing Twelve Months (TTM) Revenues of Rs 1,553.87 Cr
[Latest Qtr - Dec2023 - Consolidated Results ]

Financial Ratios →

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FAIR VALUE OF MM FORGINGS

 
Model Discount(-)/
Premium(+)
EV/EBIDTA
EV/Sales
Price/Sales
57%
-13%
-12%

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SHARE PRICE MOMENTUM OF MM FORGINGS



MM FORGINGS vs SENSEX


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DEBT OF MM FORGINGS

Year Debt/Equity ratio
Standalone Consolidated
2023
2022
2021
Avg_3yrs
1.09
1.18
1.23
1.17
1.12
1.22
1.26
1.2
[Last Annual Data : Mar2023]
Financial Ratios →

PLEDGED PROMOTER SHARES OF MM FORGINGS

Pledged Promoter Shares
0 %
As on : Dec2023

If less than 25%

Good
If between 25% and 50% Neutral
If greater than 50% Bad
Shareholding Pattern →

QTRLY RESULTS OF MM FORGINGS

Consolidated Q-o-Q Y-o-Y
Revenue
Op Profit
Profit Before Tax
Profit After Tax
0.53%
1.05%
-0.73%
-4.16%
7.18%
2.99%
-0.58%
-6.63%
QtrlyTrend
0
Latest Qtr: Dec2023
Quarterly Result Analysis →


MM FORGINGS related INDICES

BSE Indices1W1M1Y
S&P BSE INDUSTRIALS 4% 2.6% 77.3%
S&P BSE MIDSMALLCAP 1.9% -4.4% 61.2%
S&P BSE SMALL CAP 1.8% -6.7% 58.8%
S&P BSE ALLCAP 0.8% -1.8% 40.5%
No NSE index found

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FAQ about MM FORGINGS


Is MM FORGINGS good for long term investment?

As on Mar 28,2024, the Fundamentals of MM FORGINGS look Average and hence you may wait for the results to improve to invest for long term ! See Financial Performance of MM FORGINGS . Please look at the other parameters such as Valuation, Price Momentum, News & Corporate Governance and/or consult an Investment Advisor before taking an investment decision!

Is MM FORGINGS UnderValued or OverValued?

As on Mar 28,2024, MM FORGINGS is Fairly Valued based on the estimates of intrinsic value and investors may wait for the buying opportunity once it becomes under valued!

What is the Intrinsic Value of MM FORGINGS ?

As on Mar 28,2024, the Intrinsic Value of MM FORGINGS is Rs. 989.51 estimated based on Median of the 3 historical models.
Fair Value [Median EV / EBIDTA Model] : Rs. 556.73
Fair Value [Median EV / Sales Model] : Rs. 999.70
Fair Value [Median Price / Sales Model] : Rs. 989.51
Estimated Median Fair Value of MM FORGINGS : Rs. 989.51

The fair value of any stock is always subjective and should, in no way, be taken as a recommendation to buy/sell the same.

Is MM FORGINGS trading at a Premium or Discount?

As on Mar 28,2024, MM FORGINGS is trading at a Discount of -12% based on the estimates of Median Intrinsic Value!