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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) : High
Updated:
ST :  
    Short Term Analysis
Quarterly Earnings Trend : Neutral
Price Momentum : Downward
Pledged Shares : NA
May 29,2023
Price(EOD): ₹ 413.00
This is the End-of-Day (EOD) Stock Price updated daily by 7 pm IST.
Bank - Private
MCap: ₹ 6,541.92 Cr
Value of ₹ 1 Lac invested in TAMILNAD MERCANTILE BANK
on Sep 15,2022 (price: ₹ 508.45)

₹ 1 L

₹ 0.81 L

1W : -0.5% 1M : -1.1% 1Y : NA
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FUNDAMENTAL ANALYSIS OF TAMILNAD MERCANTILE BANK

 
Fundamentals Score
[ Q(TTM): Mar2023, Y: Mar2022
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 : May 29,2023 ]

Ratio Standalone
P/E
P/B
P/S
6.4
P/E Calculated based on Trailing Twelve Months (TTM) Earnings of Rs 1,022.00 Cr
[Latest Qtr - Mar2023 - Standalone Results ]

0.94
P/B Calculated based on Book Value of Rs 6,928.34 Cr
[Latest Year - Mar2023 - Standalone Results ]

1.61
P/S Calculated based on Trailing Twelve Months (TTM) Revenues of Rs 0.00 Cr
[Latest Qtr - Mar2023 - Standalone Results ]

Financial Ratios →

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FAIR VALUE OF TAMILNAD MERCANTILE BANK

 
Model Discount(-)/
Premium(+)
EV/EBIDTA
EV/Sales
Price/Sales
575%
537%
-

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SHARE PRICE MOMENTUM OF TAMILNAD MERCANTILE BANK



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NPA

Year Net NPA/Advances ratio
Standalone
2022
2021
2020
Avg_3yrs
1.98
1.98
1.8
1.92

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
5.73%
-0.1%
-6.63%
-9.53%
11.54%
0.82%
20.43%
24.73%
QtrlyTrend
2
Latest Qtr: Mar2023
Quarterly Result Analysis →


TAMILNAD MERCANTILE BANK related INDICES

BSE Indices1W1M1Y
S&P BSE MIDSMALLCAP 1.7% 6.9% 17.6%
S&P BSE ALLCAP 1.7% 5.3% 13.9%
S&P BSE IPO 1.6% 7.7% -8.9%
S&P BSE SMALL CAP 1.3% 6.2% 15.6%
S&P BSE FINANCE 1% 3.8% 24.8%
NSE Indices1W1M1Y
NIFTY MID SMALL400 1.9% 6.5% 18.5%
NIFTY 500 1.7% 5.2% 14%
NIFTY500 MULTICAP 50:25:25 1.7% 5.6% 15.1%
NIFTY SMALLCAP250 1.2% 6.2% 14.4%

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FAQ about TAMILNAD MERCANTILE BANK


Is TAMILNAD MERCANTILE BANK good for long term investment?

As on May 29,2023, 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 May 29,2023, 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 May 29,2023, the Intrinsic Value of TAMILNAD MERCANTILE BANK is Rs. 63.03 estimated based on Median of the 3 historical models.
Fair Value [Median EV / EBIDTA Model] : Rs. 61.18
Fair Value [Median EV / Sales Model] : Rs. 64.88
Fair Value [Median Price / Sales Model] : Rs. 0.00
Estimated Median Fair Value of TAMILNAD MERCANTILE BANK : Rs. 63.03

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 May 29,2023, TAMILNAD MERCANTILE BANK is trading at a Premium of 555% based on the estimates of Median Intrinsic Value!

SEBI Research Analyst
The Founder of this website, Mr. Rohit Katiyar is registered with SEBI as a Research Analyst [INH000007377].