| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 4/6 |
M&M Stock Overview
Mahindra & Mahindra Limited provides mobility products and farm solutions in India and internationally.
Mahindra & Mahindra Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹1,112.00 |
| 52 Week High | ₹1,095.00 |
| 52 Week Low | ₹671.15 |
| Beta | 1.14 |
| 1 Month Change | 16.70% |
| 3 Month Change | 40.17% |
| 1 Year Change | 42.27% |
| 3 Year Change | 66.90% |
| 5 Year Change | 64.12% |
| Change since IPO | 2,272.27% |
Recent News & Updates
Mahindra & Mahindra (NSE:M&M) Has Announced That It Will Be Increasing Its Dividend To ₹11.55
Mahindra & Mahindra Limited ( NSE:M&M ) will increase its dividend on the 4th of September to ₹11.55. Despite this...
Shareholder Returns
| M&M | IN Auto | IN Market | |
|---|---|---|---|
| 7D | 11.4% | 9.3% | 4.1% |
| 1Y | 42.3% | 11.1% | -0.02% |
Return vs Industry: M&M exceeded the Indian Auto industry which returned 11.1% over the past year.
Return vs Market: M&M exceeded the Indian Market which returned -0% over the past year.
Price Volatility
| M&M volatility | |
|---|---|
| M&M Average Weekly Movement | 4.3% |
| Auto Industry Average Movement | 4.8% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in IN Market | 9.9% |
| 10% least volatile stocks in IN Market | 4.5% |
Stable Share Price: M&M is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: M&M's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1945 | 260,000 | Anish Shah | https://www.mahindra.com |
Mahindra & Mahindra Limited provides mobility products and farm solutions in India and internationally. The company operates through Automotive, Farm Equipment, Financial Services, Hospitality, Real Estate, and Others segments. It offers aircrafts, and airframe parts and assemblies; passenger and commercial vehicles, trucks, buses, vans, cars, utility vehicles, and electric vehicles; personal and commercial watercrafts; motorcycles, scooters, mopeds, and electric two wheelers; construction equipment, such as backhoe loaders under the Mahindra EarthMaster brand; and road construction equipment comprising motor graders under the Mahindra RoadMaster brand.
Mahindra & Mahindra Fundamentals Summary
| M&M fundamental statistics | |
|---|---|
| Market Cap | ₹1.20t |
| Earnings (TTM) | ₹65.77b |
| Revenue (TTM) | ₹911.05b |
18.8x
P/E Ratio1.4x
P/S RatioIs M&M overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| M&M income statement (TTM) | |
|---|---|
| Revenue | ₹911.05b |
| Cost of Revenue | ₹516.48b |
| Gross Profit | ₹394.57b |
| Other Expenses | ₹328.80b |
| Earnings | ₹65.77b |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 59.24 |
| Gross Margin | 43.31% |
| Net Profit Margin | 7.22% |
| Debt/Equity Ratio | 131.4% |
How did M&M perform over the long term?
See historical performance and comparisonDividends
1.0%
Current Dividend Yield20%
Payout RatioDoes M&M pay a reliable dividends?
See M&M dividend history and benchmarks| Mahindra & Mahindra dividend dates | |
|---|---|
| Ex Dividend Date | Jul 14 2022 |
| Dividend Pay Date | Sep 04 2022 |
| Days until Ex dividend | 15 days |
| Days until Dividend pay date | 67 days |
Does M&M pay a reliable dividends?
See M&M dividend history and benchmarksValuation
Is M&M undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for M&M?
Other financial metrics that can be useful for relative valuation.
| What is M&M's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | ₹1.20t |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 2x |
| Enterprise Value/EBITDA | 11.9x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does M&M's PE Ratio compare to its peers?
| M&M PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 38.7x | ||
MARUTI Maruti Suzuki India | 66.1x | 39.4% | ₹2.6t |
BAJAJ-AUTO Bajaj Auto | 18.3x | 5.0% | ₹1.1t |
505200 Eicher Motors | 46.7x | 26.2% | ₹778.1b |
500182 Hero MotoCorp | 23.8x | n/a | ₹550.9b |
M&M Mahindra & Mahindra | 18.8x | n/a | ₹1.2t |
Price-To-Earnings vs Peers: M&M is good value based on its Price-To-Earnings Ratio (18.8x) compared to the peer average (38.7x).
Price to Earnings Ratio vs Industry
How does M&M's PE Ratio compare vs other companies in the Asian Auto Industry?
Price-To-Earnings vs Industry: M&M is good value based on its Price-To-Earnings Ratio (18.8x) compared to the Indian Auto industry average (33.4x)
Price to Earnings Ratio vs Fair Ratio
What is M&M's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 18.8x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate M&M's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of M&M when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: M&M (₹1112) is trading above our estimate of fair value (₹75.08)
Significantly Below Fair Value: M&M is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate M&M's PEG Ratio to determine if it is good value.
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Future Growth
How is Mahindra & Mahindra forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
42.9%
Forecasted Automobiles industry annual growth in earnings
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if M&M's forecast earnings growth is above the savings rate (6.7%).
Earnings vs Market: Insufficient data to determine if M&M's earnings are forecast to grow faster than the Indian market
High Growth Earnings: Insufficient data to determine if M&M's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if M&M's revenue is forecast to grow faster than the Indian market.
High Growth Revenue: Insufficient data to determine if M&M's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: M&M's Return on Equity is forecast to be low in 3 years time (16%).
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Past Performance
How has Mahindra & Mahindra performed over the past 5 years?
Past Performance Score
4/6Past Performance Score 4/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-13.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: M&M has high quality earnings.
Growing Profit Margin: M&M's current net profit margins (7.2%) are higher than last year (5.3%).
Past Earnings Growth Analysis
Earnings Trend: M&M's earnings have declined by 13% per year over the past 5 years.
Accelerating Growth: M&M's earnings growth over the past year (64.4%) exceeds its 5-year average (-13% per year).
Earnings vs Industry: M&M earnings growth over the past year (64.4%) exceeded the Auto industry 27.2%.
Return on Equity
High ROE: M&M's Return on Equity (12.8%) is considered low.
Discover strong past performing companies
Financial Health
How is Mahindra & Mahindra's financial position?
Financial Health Score
3/6Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: M&M's short term assets (₹751.5B) exceed its short term liabilities (₹562.9B).
Long Term Liabilities: M&M's short term assets (₹751.5B) exceed its long term liabilities (₹610.0B).
Debt to Equity History and Analysis
Debt Level: M&M's net debt to equity ratio (92.7%) is considered high.
Reducing Debt: M&M's debt to equity ratio has reduced from 135.1% to 131.4% over the past 5 years.
Debt Coverage: M&M's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: M&M's interest payments on its debt are not well covered by EBIT (2.4x coverage).
Balance Sheet
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Dividend
What is Mahindra & Mahindra current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
1.04%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: M&M's dividend (1.04%) is higher than the bottom 25% of dividend payers in the Indian market (0.42%).
High Dividend: M&M's dividend (1.04%) is low compared to the top 25% of dividend payers in the Indian market (1.87%).
Stability and Growth of Payments
Stable Dividend: M&M's dividend payments have been volatile in the past 10 years.
Growing Dividend: M&M's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.5%), M&M's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.1%), M&M's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
1.6yrs
Average management tenure
CEO
Anish Shah (52 yo)
1.17yrs
Tenure
₹94,126,000
Compensation
Dr. Anish Shah serves as Managing Director and Chief Executive Officer of Mahindra and Mahindra Limited since April 2, 2021 and has been its Additional Director since April 1, 2020. He serves as Non-Execut...
CEO Compensation Analysis
Compensation vs Market: Anish's total compensation ($USD1.20M) is about average for companies of similar size in the Indian market ($USD1.20M).
Compensation vs Earnings: Insufficient data to compare Anish's compensation with company performance.
Leadership Team
Experienced Management: M&M's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
Experienced Board: M&M's board of directors are considered experienced (3.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: M&M insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Mahindra & Mahindra Limited's employee growth, exchange listings and data sources
Key Information
- Name: Mahindra & Mahindra Limited
- Ticker: M&M
- Exchange: NSEI
- Founded: 1945
- Industry: Automobile Manufacturers
- Sector: Automobiles
- Implied Market Cap: ₹1.202t
- Shares outstanding: 1.11b
- Website: https://www.mahindra.com
Number of Employees
Location
- Mahindra & Mahindra Limited
- Mahindra Towers
- 5th Floor
- Mumbai
- Maharashtra
- 400018
- India
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/28 00:00 |
| End of Day Share Price | 2022/06/28 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2022/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.