Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Bank of Maharashtra. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
Bank of Maharashtra's
is considered below, and whether this is a fair price.
Price based on past earnings
Bank of Maharashtra's earnings available for a low price, and how does
this compare to other companies in the same industry?
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Bank of Maharashtra has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Banks industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Bank of Maharashtra
expected to grow at an
Unable to compare Bank of Maharashtra's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Bank of Maharashtra's earnings growth to the India market average as no estimate data is available.
Unable to compare Bank of Maharashtra's revenue growth to the India market average as no estimate data is available.
Unable to determine if Bank of Maharashtra is high growth as no earnings estimate data is available.
Unable to determine if Bank of Maharashtra is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Bank of Maharashtra's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
Bank of Maharashtra
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Fundamentally a bank's business is based upon borrowing and lending money, for
this reason they typically have high levels of debt and we analyse them
This treemap shows a more detailed breakdown of
Bank of Maharashtra's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. A. S. Rajeev serves as Managing Director and Chief Executive Officer of Bank of Maharashtra since December 2, 2018. Mr. Rajeev served as Managing Director and Chief Executive Officer of Bank of Maharashtra since September 2018 until November 02, 2018. He served as a Director at Ind Bank Housing Limited until December 2018. He served as Executive Director of Indian Bank since January 22, 2016 until December 2018. He has been Director of Bank of Maharashtra since September 2018. He was General Manager and CFO of Vijaya Bank. He served as Non Executive Director of Indbank Merchant Banking Services Ltd. since March 2, 2016 until November 30, 2018. He is a Fellow Member of the Institute of Chartered Accountants of India and holds Diploma in Information System Audit from ICAI, Masters Degree in Business Administration and CAIIB. He has handled Finance, Accounts and Taxation, Planning and Development, International Banking / Treasury, Vigilance and Credit Monitoring and Supervision of the Bank. He also headed Chennai and Bangalore North Regions of Vijaya Bank. Before joining Vijaya Bank, he has worked with Indian Bank and Syndicate Bank. He has attended various Seminars and Training Programmes at well reputed Institutions / Organizations in India and abroad.
Insufficient data for A. to compare compensation growth.
Insufficient data for A. to establish whether their remuneration is reasonable compared to companies of similar size in India.
Management Team Tenure
Average tenure and age of the
Bank of Maharashtra
management team in years:
The average tenure for the Bank of Maharashtra management team is less than 2 years, this suggests a new team.
MD, CEO & Director
Chief Financial Officer
Compliance Officer & Company Secretary
T. Raman Murthy
Nadendla Ram Babu
Board of Directors Tenure
Average tenure and age of the
Bank of Maharashtra
board of directors in years:
The average tenure for the Bank of Maharashtra board of directors is less than 3 years, this suggests a new board.
Financial Metrics For Bank of Maharashtra (NSE:MAHABANK)
As a small-cap bank stock with a market capitalisation of ₹33.44b, Bank of Maharashtra’s (NSE:MAHABANK) risk and profitability are largely determined by the underlying economic growth of the IN regions in which it operates. … These reforms target banking regulations and intends to enhance financial institutions’ ability to absorb shocks resulting from economic stress which could expose banks like Bank of Maharashtra to vulnerabilities. … High liquidity and low leverage could position Bank of Maharashtra favourably at the face of macro headwinds.
Bank of Maharashtra provides various banking products and services in India. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking segments. It accepts savings, current, and term deposits, as well as capital gain account schemes. The company also provides term loans, overdrafts, letters of credit, guarantees, and other products, as well as loans for exporters, agriculturists, corporates, entrepreneurs, professionals, and individuals; housing, skill, MSME, educational, vehicle, gold, top up, personal, and consumer loans, as well as salary gain schemes, and schemes for solar water heating and lighting systems; and loans against property. In addition, it offers mobile-point of sale, ATM, DEMAT, Western Union Money Transfer facility, online share trading, executors and trustee, e-SBTR, e-payment, payroll, and door step banking services, as well as ASBA services for corporate houses/institutional investors, such as LIC/GIC/mutual fund companies; and credit and debit cards, bancassurance products, mutual funds, and pension schemes. Further, the company collects direct taxes; and provides non-resident ordinary and external, foreign currency non-resident, and resident foreign currency accounts, as well as inward remittance services. As of March 31, 2018, it had a branch network of 1846 branches in 30 states and 4 union territories; and network of 1864 ATMs. Bank of Maharashtra was founded in 1935 and is headquartered in Pune, India.
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