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
In this section, we usually try to help investors determine whether MARG is trading at an attractive price based on the cash flow it is expected to produce in the future. But as MARG has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.
Show me the analysis anyway
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
MARG. 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
is considered below, and whether this is a fair price.
Price based on past earnings
MARG's earnings available for a low price, and how does
this compare to other companies in the same industry?
MARG has negative assets, we can't compare the value of its assets to the IN Construction industry average.
Take a look at our analysis of 530543’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through MARG's regulatory filings and announcements.
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 MARG 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 Construction industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare MARG's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare MARG's earnings growth to the India market average as no estimate data is available.
Unable to compare MARG's revenue growth to the India market average as no estimate data is available.
Unable to determine if MARG is high growth as no earnings estimate data is available.
Unable to determine if MARG 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.
MARG'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.
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.
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. Gorrepati Ramakrsihna Reddy serves as Chairman of Marg Ltd., (a/k/a Marg Constructions Limited) and has been its Managing Director since April 1, 2007. Mr. Reddy has been a First-generation entrepreneur and promoter of the MARG Group of Companies. He has extensive experience in Finance and Investment. He started his career as Merchant Banker with Champakal Investment & Finance Company Limited in 1985. He served as Vice President and headed the Northern Region. Mr. Reddy established MARG Holdings & Financial Services Limited in 1992. He also promoted MARG Capital Markets Limited, as a subsidiary of MHFSL, the first corporate member of Madras Stock Exchange Ltd. He promoted MARG Constructions Limited in 1994 focusing on construction projects, real estate development business and implementation of power projects. In the year 1985, he started his career as a Merchant Banker and joined CIFCO a premier merchant banking firm in the 1987 alongside JM Financials and DSP, who were the market leaders. With astute business acumen learned from CIFCO he went on his own and founded MARG Constructions Ltd in 1994. Mr. Reddy has been the Chairman of the Confederation of Indian Industries (CII) for its Chennai Zone. He has been a member of various councils like National Council on Infrastructure, National Council on Real Estate and Housing, CII Taskforce for building inclusive cities etc. Mr. Reddy has also nominated as the Chairman of Infra-2007 wherein he spearheaded the new development agenda for Chennai. The forum came out with a development plan famously called MAP, to transform Chennai into a world class city, which was readily appreciated by TN Government. He has been the charter member of TIE (The Indus Entrepreneurs), and global network for fostering entrepreneurship. He serves as a Non Independent Director of Karaikal Port Private Limited. Mr. Reddy holds an Advanced Executive Management Program from Kellogg Business School, USA. He holds Post-graduate in Commerce.
Insufficient data for Gorrepati to compare compensation growth.
Gorrepati's remuneration is lower than average for companies of similar size in India.
Management Team Tenure
Average tenure and age of the
management team in years:
The average tenure for the MARG management team is over 5 years, this suggests they are a seasoned and experienced team.
Chairman & MD
Chief Financial Officer
Vice President of Corporate Finance
Company Secretary & Compliance officer
Head of Sales
Senior Vice President of HR
Head of Customer Satisfaction
Chief Executive Officer of Power Projects
Senior Vice President of Ship Building
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the MARG board of directors is less than 3 years, this suggests a new board.
MARG Limited, together with its subsidiaries, engages in construction and infrastructure development business in India. The company offers integrated turnkey solutions, including design, engineering, material procurement, field, and construction and project management services for the infrastructure sector and real estate projects. It specializes in areas, such as marine, industrial projects, urban infrastructure, and solar and alternate energy sector. The company also owns and operates Karaikal Port that handles bulk, break bulk, liquid bulk, and various types of containers, as well as provides integrated logistics services to the EXIM customers of the port. In addition, it develops special economic zones in the fields of engineering and multi services, and residential real estate; develops residential and commercial real estate properties; and develops multi-level car parking projects on design, build, operate, and transfer basis. The company was formerly known as Marg Constructions Limited and changed its name to MARG Limited in December 2007. MARG Limited was founded in 1994 and is based in Chennai, India.
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