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TAMILNAD MERCANTILE BANK
Intrinsic Value | Fundamental Analysis

BOM : 543596     NSE : TMB    
LT :  
    Long Term Analysis
Fundamentals : Good
Valuation : Bad [Stock is Expensive]
NPA (Non Performing Assets) : Average
Updated:
ST :  
    Short Term Analysis
Quarterly Earnings Trend : Downward
Price Momentum : Mild Upward
Pledged Shares : NA
Jun 14,2024
Price(EOD): ₹ 469.35
This is the End-of-Day (EOD) Stock Price updated daily by 7 pm IST.
Bank - Private
MCap: ₹ 7,434.50 Cr
Value of ₹ 1 Lac invested in TAMILNAD MERCANTILE BANK
on Sep 15,2022 (price: ₹ 508.45)

₹ 1 L

₹ 0.92 L

1W : -0.9% 1M : 1% 1Y : 14.4%
COMMUNITY POLL
for TAMILNAD MERCANTILE BANK
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TAMILNAD MERCANTILE BANK is part of below Screeners ↓
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TAMILNAD MERCANTILE BANK -0.9% 1% 14.4%
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YES BANK -0.1% 5.1% 45.2%
IDFC FIRST BANK 0.5% 1.3% 6.4%

FUNDAMENTAL ANALYSIS OF TAMILNAD MERCANTILE BANK

 
Fundamentals Score
[ Q(TTM): Mar2024, 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 TAMILNAD MERCANTILE BANK

 
Valuation Score
[As on : Jun 14,2024 ]

Ratio Standalone
P/E
P/B
P/S
6.93
P/E Calculated based on Trailing Twelve Months (TTM) Earnings of Rs 1,072.03 Cr
[Latest Qtr - Mar2024 - Standalone Results ]

0.94
P/B Calculated based on Book Value of Rs 7,921.20 Cr
[Latest Year - Mar2024 - Standalone Results ]

1.53
P/S Calculated based on Trailing Twelve Months (TTM) Revenues of Rs 0.00 Cr
[Latest Qtr - Mar2024 - Standalone Results ]

Financial Ratios →

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FAIR VALUE OF TAMILNAD MERCANTILE BANK

 
Model Discount(-)/
Premium(+)
EV/EBIDTA
EV/Sales
Price/Sales
1253%
981%
190%

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SHARE PRICE MOMENTUM OF TAMILNAD MERCANTILE BANK



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NPA

Year Net NPA/Advances ratio
Standalone
2023
2022
2021
Avg_3yrs
0.62
1.98
1.98
1.53

PLEDGED PROMOTER SHARES OF TAMILNAD MERCANTILE BANK

Pledged Promoter Shares
NA

If less than 25%

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

QTRLY RESULTS OF TAMILNAD MERCANTILE BANK

Standalone Q-o-Q Y-o-Y
Net Interest Income
Op Profit
Profit Before Tax
Profit After Tax
2%
-0.99%
-6.75%
-10.97%
17.16%
-9.36%
-1.22%
0%
QtrlyTrend
-2
Latest Qtr: Mar2024
Quarterly Result Analysis →


TAMILNAD MERCANTILE BANK related INDICES

BSE Indices1W1M1Y
S&P BSE SMALL CAP 5.1% 10% 63.1%
S&P BSE MIDSMALLCAP 4.8% 10% 65.1%
S&P BSE 250 SMALLCAP 4.6% 9.5% 60.3%
S&P BSE 400 MIDSMALLCAP 4.3% 10.1% 61.7%
S&P BSE DIVERSIFIED FINL. REV. 3.4% 6.7% 24.3%
NSE Indices1W1M1Y
NIFTY SMALLCAP250 4.6% 9.2% 65.7%
NIFTY MID SMALL400 4.3% 9.5% 63%
NIFTY500 MULTICAP 50:25:25 2.9% 7.9% 47.8%
NIFTY 500 2.1% 7.1% 39.9%

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FAQ about TAMILNAD MERCANTILE BANK


Is TAMILNAD MERCANTILE BANK good for long term investment?

As on Jun 14,2024, the Fundamentals of TAMILNAD MERCANTILE BANK look Strong and hence it may be good for long term investment! See Financial Performance of TAMILNAD MERCANTILE BANK . 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 TAMILNAD MERCANTILE BANK UnderValued or OverValued?

As on Jun 14,2024, TAMILNAD MERCANTILE BANK is Over Valued based on the estimates of intrinsic value and hence may not be a good buying opportunity according to Share Valuation at this time!

What is the Intrinsic Value of TAMILNAD MERCANTILE BANK ?

As on Jun 14,2024, the Intrinsic Value of TAMILNAD MERCANTILE BANK is Rs. 43.41 estimated based on Median of the 3 historical models.
Fair Value [Median EV / EBIDTA Model] : Rs. 34.69
Fair Value [Median EV / Sales Model] : Rs. 43.41
Fair Value [Median Price / Sales Model] : Rs. 162.05
Estimated Median Fair Value of TAMILNAD MERCANTILE BANK : Rs. 43.41

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 TAMILNAD MERCANTILE BANK trading at a Premium or Discount?

As on Jun 14,2024, TAMILNAD MERCANTILE BANK is trading at a Premium of 981% based on the estimates of Median Intrinsic Value!