NSEI:MARSHALL

Stock Analysis Report

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Executive Summary

Marshall Machines Limited develops, manufactures, and markets machine tool equipment and related parts in India.


Snowflake Analysis

Adequate balance sheet and fair value.


Similar Companies

Share Price & News

How has Marshall Machines's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MARSHALL's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

6.6%

MARSHALL

0.2%

IN Machinery

0.4%

IN Market


1 Year Return

-66.7%

MARSHALL

-6.9%

IN Machinery

3.2%

IN Market

Return vs Industry: MARSHALL underperformed the Indian Machinery industry which returned -6.9% over the past year.

Return vs Market: MARSHALL underperformed the Indian Market which returned 3.2% over the past year.


Shareholder returns

MARSHALLIndustryMarket
7 Day6.6%0.2%0.4%
30 Day18.2%-2.1%2.8%
90 Day-24.4%14.8%20.9%
1 Year-66.7%-66.7%-5.5%-6.9%5.1%3.2%
3 Yearn/a-24.3%-27.5%1.4%-3.4%
5 Yearn/a-9.0%-14.8%30.8%21.0%

Price Volatility Vs. Market

How volatile is Marshall Machines's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Marshall Machines undervalued compared to its fair value and its price relative to the market?

3.19x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate MARSHALL's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate MARSHALL's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: MARSHALL is good value based on its PE Ratio (3.2x) compared to the IN Machinery industry average (14.7x).

PE vs Market: MARSHALL is good value based on its PE Ratio (3.2x) compared to the Indian market (13.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MARSHALL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MARSHALL is good value based on its PB Ratio (0.2x) compared to the IN Machinery industry average (1x).


Next Steps

Future Growth

How is Marshall Machines forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.9%

Forecasted Capital Goods industry annual growth in earnings


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 Marshall Machines 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 SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Marshall Machines performed over the past 5 years?

33.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MARSHALL has high quality earnings.

Growing Profit Margin: MARSHALL's current net profit margins (4.9%) are lower than last year (8.9%).


Past Earnings Growth Analysis

Earnings Trend: MARSHALL's earnings have grown significantly by 33.7% per year over the past 5 years.

Accelerating Growth: MARSHALL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MARSHALL had negative earnings growth (-48.5%) over the past year, making it difficult to compare to the Machinery industry average (-7.3%).


Return on Equity

High ROE: MARSHALL's Return on Equity (7.2%) is considered low.


Next Steps

Financial Health

How is Marshall Machines's financial position?


Financial Position Analysis

Short Term Liabilities: MARSHALL's short term assets (₹680.1M) exceed its short term liabilities (₹603.7M).

Long Term Liabilities: MARSHALL's short term assets (₹680.1M) exceed its long term liabilities (₹194.7M).


Debt to Equity History and Analysis

Debt Level: MARSHALL's debt to equity ratio (73.6%) is considered high.

Reducing Debt: MARSHALL's debt to equity ratio has reduced from 335.8% to 73.6% over the past 5 years.

Debt Coverage: MARSHALL's debt is well covered by operating cash flow (38%).

Interest Coverage: MARSHALL's interest payments on its debt are not well covered by EBIT (2x coverage).


Balance Sheet


Next Steps

Dividend

What is Marshall Machines's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate MARSHALL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MARSHALL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MARSHALL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MARSHALL's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MARSHALL's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.2yrs

Average board tenure


CEO

Gaurav Sarup

no data

Tenure

₹2,700,000

Compensation

Mr. Gaurav Sarup serves as the Chairman and Managing Director at Marshall Machines Limited. Mr. Sarup is the Promoter Marshall Machines Limited, has been passionate about designing innovative machine tools ...


CEO Compensation Analysis

Compensation vs Market: Gaurav's total compensation ($USD36.11K) is about average for companies of similar size in the Indian market ($USD49.05K).

Compensation vs Earnings: Insufficient data to compare Gaurav's compensation with company performance.


Board Members

NamePositionTenureCompensationOwnership
Gaurav Sarup
Chairman & MDno data₹2.70m32.83%
₹ 29.9m
Prashant Sarup
CFO & Whole Time Directorno data₹2.70m33.91%
₹ 30.8m
Siddhant Sarup
Whole Time Directorno data₹1.20m3.91%
₹ 3.6m
Archana Sarup
Whole Time Director3.42yrs₹1.80m2.74%
₹ 2.5m
Harish Kumar
Independent Non-Executive Director2.25yrs₹300.00kno data
Amanpal Singh
Independent Non-Executive Director0.92yrno datano data
Satvinder Singh
Independent Non-Executive Director2.17yrs₹300.00kno data

2.2yrs

Average Tenure

Experienced Board: MARSHALL's board of directors are not considered experienced ( 2.2 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Marshall Machines Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Marshall Machines Limited
  • Ticker: MARSHALL
  • Exchange: NSEI
  • Founded: 1994
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: ₹90.938m
  • Shares outstanding: 14.55m
  • Website: https://www.marshallcnc.com

Number of Employees


Location

  • Marshall Machines Limited
  • C-86, Phase-V
  • Focal Point
  • Ludhiana
  • Punjab
  • 141010
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MARSHALLNSEI (National Stock Exchange of India)YesEquity SharesININRSep 2018

Biography

Marshall Machines Limited develops, manufactures, and markets machine tool equipment and related parts in India. It offers compact single spindle machines, twin spindle machines, rigidturn machines, and he ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/06 13:13
End of Day Share Price2020/08/06 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.