Tamilnad Mercantile Bank Ltd TMB

Morningstar Rating

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

TMB is trading at a 138% premium.
Price
₹469.64
Fair Value
₹937.80
Uncertainty
High
1-Star Price
₹325.88
5-Star Price
₹431.69
Economic Moat
Wbklf
Capital Allocation

Trading Information

Previous Close Price
Day Range
52-Week Range
Bid/Ask
/
Market Cap
Volume/Avg
/

Key Statistics

Price/Earnings (Normalized)
6.79
Price/Sales
2.56
Dividend Yield (Trailing)
2.12%
Dividend Yield (Forward)
2.12%
Total Yield
2.12%

Company Profile

Tamilnad Mercantile Bank Ltd is the oldest private sector bank in India. It offers an array of banking and financial services to retail customers, micro, small, and medium enterprises (MSMEs), and more. The company has a portfolio of advances and deposits from a diversified customer base including retail customers, agricultural customers, and MSMEs. The segments of the bank are Treasury, Corporate and Wholesale banking, Retail banking, and Other banking business services. It generates the majority of its revenue from the Retail banking segment.
Sector
Financial Services
Industry
Banks - Regional
Stock Style Box
Mid Value
Total Number of Employees
4,627

Comparables

Valuation

Metric
TMB
532134
532477
Price/Earnings (Normalized)
6.796.766.33
Price/Book Value
0.901.000.90
Price/Sales
2.561.901.61
Price/Cash Flow
6.414.093.58
Price/Earnings
TMB
532134
532477

Financial Strength

Metric
TMB
532134
532477
Quick Ratio
Current Ratio
Interest Coverage
Quick Ratio
No chart available

Profitability

Metric
TMB
532134
532477
Return on Assets (Normalized)
1.83%1.19%1.04%
Return on Equity (Normalized)
14.29%16.24%15.19%
Return on Invested Capital (Normalized)
Return on Assets
TMB
532134
532477

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