Mahindra & Mahindra
Market Cap
₹834.5b
Last Updated
2021/06/21 16:15 UTC
Data Sources
Company Financials +
Executive Summary
Mahindra & Mahindra Limited engages in the automotive and farm equipment businesses in India and internationally. More Details
Risk Analysis
Snowflake Analysis
Second-rate dividend payer with imperfect balance sheet.
Similar Companies
Share Price & News
How has Mahindra & Mahindra's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: M&M is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: M&M's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-3.8%
M&M
-2.9%
IN Auto
-1.5%
IN Market
1 Year Return
55.8%
M&M
51.9%
IN Auto
60.8%
IN Market
Return vs Industry: M&M exceeded the Indian Auto industry which returned 51.9% over the past year.
Return vs Market: M&M underperformed the Indian Market which returned 60.8% over the past year.
Shareholder returns
| M&M | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.8% | -2.9% | -1.5% |
| 30 Day | -5.1% | 2.2% | 4.3% |
| 90 Day | -8.0% | 1.9% | 10.8% |
| 1 Year | 56.4%55.8% | 53.0%51.9% | 63.3%60.8% |
| 3 Year | -11.9%-14.2% | -2.0%-5.6% | 40.4%33.5% |
| 5 Year | 16.6%11.6% | 30.6%24.3% | 96.5%81.7% |
Long-Term Price Volatility Vs. Market
How volatile is Mahindra & Mahindra's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Can You Imagine How Mahindra & Mahindra's (NSE:M&M) Shareholders Feel About The 93% Share Price Increase?2 months ago | Simply Wall St
Mahindra & Mahindra (NSE:M&M) May Have Issues Allocating Its Capital3 months ago | Simply Wall St
Investors In Mahindra & Mahindra Limited (NSE:M&M) Should Consider This, FirstValuation
Is Mahindra & Mahindra undervalued compared to its fair value and its price relative to the market?
2.16x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: M&M (₹776.85) is trading above our estimate of fair value (₹438.65)
Significantly Below Fair Value: M&M is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: M&M is unprofitable, so we can't compare its PE Ratio to the Indian Auto industry average.
PE vs Market: M&M is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate M&M's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: M&M is good value based on its PB Ratio (2.2x) compared to the IN Auto industry average (3.7x).
Future Growth
How is Mahindra & Mahindra forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
4.8%
Forecasted annual revenue growth
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 (6.8%).
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 earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: M&M's revenue (4.8% per year) is forecast to grow slower than the Indian market (12.7% per year).
High Growth Revenue: M&M's revenue (4.8% per year) is forecast to grow slower 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 (12.1%).
Past Performance
How has Mahindra & Mahindra performed over the past 5 years?
-36.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: M&M is currently unprofitable.
Growing Profit Margin: M&M is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: M&M is unprofitable, and losses have increased over the past 5 years at a rate of 36.8% per year.
Accelerating Growth: Unable to compare M&M's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: M&M is unprofitable, making it difficult to compare its past year earnings growth to the Auto industry (-22.7%).
Return on Equity
High ROE: M&M has a negative Return on Equity (-3.16%), as it is currently unprofitable.
Financial Health
How is Mahindra & Mahindra's financial position?
Financial Position Analysis
Short Term Liabilities: M&M's short term assets (₹794.0B) exceed its short term liabilities (₹576.0B).
Long Term Liabilities: M&M's short term assets (₹794.0B) exceed its long term liabilities (₹725.7B).
Debt to Equity History and Analysis
Debt Level: M&M's debt to equity ratio (186.6%) is considered high.
Reducing Debt: M&M's debt to equity ratio has increased from 126.4% to 186.6% over the past 5 years.
Debt Coverage: M&M's debt is not well covered by operating cash flow (12.2%).
Interest Coverage: M&M is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Dividend
What is Mahindra & Mahindra current dividend yield, its reliability and sustainability?
1.13%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: M&M's dividend (1.13%) is higher than the bottom 25% of dividend payers in the Indian market (0.38%).
High Dividend: M&M's dividend (1.13%) is low compared to the top 25% of dividend payers in the Indian market (1.58%).
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.
Current Payout to Shareholders
Dividend Coverage: M&M is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: M&M's dividends in 3 years are forecast to be well covered by earnings (16.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.0yrs
Average management tenure
CEO
Anish Shah (51 yo)
0.17
Tenure
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...
Leadership Team
Experienced Management: M&M's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
Experienced Board: M&M's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: M&M insiders have only sold shares 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 company bio, 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
- Market Cap: ₹834.518b
- Shares outstanding: 1.07b
- Website: https://www.mahindra.com
Number of Employees
Location
- Mahindra & Mahindra Limited
- Mahindra Towers
- 5th Floor
- Mumbai
- Maharashtra
- 400018
- India
Listings
Biography
Mahindra & Mahindra Limited engages in the automotive and farm equipment businesses in India and internationally. The company operates through Automotive, Farm Equipment, Financial Services, Hospitality, R...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/06/21 16:15 |
| End of Day Share Price | 2021/06/21 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/03/31 |
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.