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M M Rubber

BSE:509196
Snowflake Description

Excellent balance sheet with solid track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
509196
BSE
₹374M
Market Cap
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Last updated 2019/04/18 12:35
Company description

M M Rubber Company Limited manufactures and sells foam based products primarily in India. The last earnings update was 73 days ago. More info.

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509196 Share Price and Events
7 Day Returns
2.5%
BSE:509196
0.5%
IN Consumer Durables
1.7%
IN Market
1 Year Returns
32.6%
BSE:509196
-12.9%
IN Consumer Durables
0.1%
IN Market
509196 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
M M Rubber (509196) 2.5% -5.1% -6.8% 32.6% 432.2% 1246.8%
IN Consumer Durables 0.5% 0.2% 4.2% -12.9% 53.5% 261.1%
IN Market 1.7% 2.7% 5.8% 0.1% 41.6% 73.3%
1 Year Return vs Industry and Market
  • 509196 outperformed the Consumer Durables industry which returned -12.9% over the past year.
  • 509196 outperformed the Market in India which returned 0.1% over the past year.
Price Volatility
509196
Industry
5yr Volatility vs Market

509196 Value

 Is M M Rubber undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of M M Rubber to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for M M Rubber.

BSE:509196 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 16.2%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:509196
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Consumer Durables Unlevered Beta Simply Wall St/ S&P Global 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.921 (1 + (1- 35%) (15%)) 		1.007
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)		 1.01
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (1.007 * 8.6%) 		16.21%

Discounted Cash Flow Calculation for BSE:509196 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for M M Rubber is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BSE:509196 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 16.21%)
2019 7.66 Est @ 11.55% 6.59
2020 8.45 Est @ 10.35% 6.26
2021 9.26 Est @ 9.51% 5.90
2022 10.08 Est @ 8.92% 5.53
2023 10.94 Est @ 8.51% 5.16
2024 11.84 Est @ 8.22% 4.81
2025 12.79 Est @ 8.02% 4.47
2026 13.80 Est @ 7.88% 4.15
2027 14.87 Est @ 7.78% 3.85
2028 16.02 Est @ 7.71% 3.57
Present value of next 10 years cash flows ₹50.28
BSE:509196 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹16.02 × (1 + 7.55%) ÷ (16.21% – 7.55%) 		₹198.92
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹198.92 ÷ (1 + 16.21%)10 		₹44.28
BSE:509196 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹50.28 + ₹44.28 		₹94.56
Equity Value per Share
(INR)		 = Total value / Shares Outstanding
= ₹94.56 / 4.98 		₹18.99
BSE:509196 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹18.99
Current discount Discount to share price of ₹76.90
= -1 x (₹76.90 - ₹18.99) / ₹18.99 		-305%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of M M Rubber is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 M M Rubber's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are M M Rubber's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:509196 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹2.90
BSE:509196 Share Price ** BSE (2019-04-18) in INR ₹76.9
India Consumer Durables Industry PE Ratio Median Figure of 42 Publicly-Listed Consumer Durables Companies 27.68x
India Market PE Ratio Median Figure of 2,735 Publicly-Listed Companies 16.29x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of M M Rubber.

BSE:509196 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:509196 Share Price ÷ EPS (both in INR)

= 76.9 ÷ 2.90

 26.5x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • M M Rubber is good value based on earnings compared to the IN Consumer Durables industry average.
  • M M Rubber is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does M M Rubber's expected growth come at a high price?
Raw Data
BSE:509196 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 26.5x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts		 4.5%per year
India Consumer Durables Industry PEG Ratio Median Figure of 12 Publicly-Listed Consumer Durables Companies 2.27x
India Market PEG Ratio Median Figure of 584 Publicly-Listed Companies 1.33x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for M M Rubber, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on M M Rubber's assets?
Raw Data
BSE:509196 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹13.75
BSE:509196 Share Price * BSE (2019-04-18) in INR ₹76.9
India Consumer Durables Industry PB Ratio Median Figure of 47 Publicly-Listed Consumer Durables Companies 1.79x
India Market PB Ratio Median Figure of 3,626 Publicly-Listed Companies 1.12x
BSE:509196 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:509196 Share Price ÷ Book Value per Share (both in INR)

= 76.9 ÷ 13.75

 5.59x

* Primary Listing of M M Rubber.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • M M Rubber is overvalued based on assets compared to the IN Consumer Durables industry average.
X
Value checks
We assess M M Rubber's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Durables industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Durables industry average (and greater than 0)? (1 check)
    5. M M Rubber has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

509196 Future Performance

 How is M M Rubber expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover M M Rubber, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth 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 it right!
Annual Growth Rate
4.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is M M Rubber expected to grow at an attractive rate?
  • M M Rubber's earnings growth is positive but not above the low risk savings rate of 7.6%.
Growth vs Market Checks
  • M M Rubber's earnings growth is positive but not above the India market average.
  • Unable to compare M M Rubber's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:509196 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:509196 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 4.5%
India Consumer Durables Industry Earnings Growth Rate Market Cap Weighted Average 17.6%
India Consumer Durables Industry Revenue Growth Rate Market Cap Weighted Average 13.3%
India Market Earnings Growth Rate Market Cap Weighted Average 18.7%
India Market Revenue Growth Rate Market Cap Weighted Average 11.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:509196 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:509196 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 299 14
2018-09-30 286 6
2018-06-30 276 6
2018-03-31 260 18 3
2017-12-31 240 4
2017-09-30 223 5
2017-06-30 212 6
2017-03-31 203 4 3
2016-12-31 193 5
2016-09-30 190 4
2016-06-30 189 3
2016-03-31 189 5 3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • M M Rubber's earnings are expected to grow by 4.5% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if M M Rubber 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.
Raw Data
BSE:509196 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from M M Rubber Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:509196 Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 2.90
2018-09-30 1.30
2018-06-30 1.16
2018-03-31 0.60
2017-12-31 0.70
2017-09-30 1.08
2017-06-30 1.24
2017-03-31 0.62
2016-12-31 1.08
2016-09-30 0.89
2016-06-30 0.67
2016-03-31 0.52

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if M M Rubber will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess M M Rubber's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
M M Rubber has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

509196 Past Performance

  How has M M Rubber performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare M M Rubber's growth in the last year to its industry (Consumer Durables).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • M M Rubber has delivered over 20% year on year earnings growth in the past 5 years.
  • M M Rubber's 1-year earnings growth exceeds its 5-year average (310.1% vs 59%)
  • M M Rubber's earnings growth has exceeded the IN Consumer Durables industry average in the past year (310.1% vs 12.9%).
Earnings and Revenue History
M M Rubber's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from M M Rubber Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:509196 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 298.92 14.50 65.97
2018-09-30 286.44 6.46 64.21
2018-06-30 275.86 5.81 40.01
2018-03-31 259.52 3.01 59.98
2017-12-31 239.83 3.53 53.62
2017-09-30 223.24 5.41 52.66
2017-06-30 212.11 6.16 35.09
2017-03-31 202.98 3.09 51.77
2016-12-31 193.06 5.36 49.67
2016-09-30 189.80 4.47 48.85
2016-06-30 188.97 3.38 47.73
2016-03-31 188.89 2.59 47.05
2015-12-31 187.08 3.04 72.33
2015-09-30 182.67 5.37 71.19
2015-06-30 181.56 3.25 38.32
2015-03-31 179.01 2.39 37.85
2014-12-31 176.81 0.05 29.31
2014-09-30 178.13 -1.93 29.32
2014-06-30 180.82 -5.81 28.44
2014-03-31 179.26 -8.50 75.20
2013-12-31 174.85 -11.83 69.48
2013-09-30 178.07 -12.39 69.32
2013-06-30 168.57 -6.80 68.53
2013-03-31 162.92 -3.38 68.50
2012-12-31 169.98 -7.95 70.56
2012-09-30 163.19 -8.36 70.56
2012-06-30 194.54 -0.70 30.61

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • M M Rubber has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • M M Rubber used its assets more efficiently than the IN Consumer Durables industry average last year based on Return on Assets.
  • M M Rubber's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Show me more strong past performing companies in the Consumer Durables industry
X
Past performance checks
We assess M M Rubber's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Durables industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
M M Rubber has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

509196 Health

 How is M M Rubber's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up M M Rubber's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • M M Rubber is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • M M Rubber's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of M M Rubber'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 checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, 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.
Raw Data

All data from M M Rubber Company Filings, last reported 3 months ago.

BSE:509196 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 69.96 56.03 11.86
2018-09-30 69.96 56.03 11.86
2018-06-30 61.78 53.63 4.06
2018-03-31 61.78 56.01 4.00
2017-12-31 14.81 48.23 5.59
2017-09-30 14.81 48.23 5.59
2017-06-30 10.08 42.03 3.22
2017-03-31 73.62 47.97 4.26
2016-12-31 9.40 44.82 3.36
2016-09-30 9.40 44.82 3.36
2016-06-30 5.65 44.48 3.53
2016-03-31 5.65 44.48 3.53
2015-12-31 5.45 46.92 3.99
2015-09-30 5.45 46.92 3.99
2015-06-30 3.57 45.99 4.51
2015-03-31 3.57 45.99 4.51
2014-12-31 0.66 48.69 3.47
2014-09-30 0.66 48.69 3.47
2014-06-30 1.75 46.16 4.76
2014-03-31 1.75 46.16 4.76
2013-12-31 2.54 45.28 5.20
2013-09-30 2.54 45.28 5.20
2013-06-30 10.25 45.49 3.71
2013-03-31 10.25 45.49 3.71
2012-12-31
2012-09-30
2012-06-30
  • M M Rubber's level of debt (80.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (1785.8% vs 80.1% today).
  • Debt is well covered by operating cash flow (31.4%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.5x coverage).
Show me more healthy companies in the Consumer Durables industry
X
Financial health checks
We assess M M Rubber's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
    7. M M Rubber has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

509196 Dividends

 What is M M Rubber's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from M M Rubber dividends.
If you bought ₹2,000 of M M Rubber shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate M M Rubber's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate M M Rubber's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:509196 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Consumer Durables Industry Average Dividend Yield Market Cap Weighted Average of 21 Stocks 0.5%
India Market Average Dividend Yield Market Cap Weighted Average of 1399 Stocks 1.3%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as M M Rubber has not reported any payouts.
  • Unable to verify if M M Rubber's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of M M Rubber's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as M M Rubber has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess M M Rubber's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can M M Rubber afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
    7. M M Rubber has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

509196 Management

 What is the CEO of M M Rubber's salary, the management and board of directors tenure and is there insider trading?

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.
CEO
Roy Mammen
COMPENSATION ₹2,493,000
CEO Bio

Mr. Roy Mammen has been the Managing Director at MM Rubber Co. Ltd., since September 28, 2006. Mr. Mammen has been an Executive Director of Badra Estates and Industries Ltd., since September 2007. He serves as a Director at Balanoor Plantations & Industries Ltd., Stable Investments & Finance Company Limited and MM Rubber Co. Ltd.

CEO Compensation
  • Roy's compensation has increased by more than 20% in the past year.
  • Roy's remuneration is higher than average for companies of similar size in India.
Management Team

Roy Mammen

TITLE
MD & Director
COMPENSATION
₹2M

Mammen Philip

TITLE
Director of Corporate Affairs & Director
COMPENSATION
₹207K
AGE
80

Machimada Kushalappa

TITLE
Chief Financial Officer
AGE
52
TENURE
0.2 yrs

Sharvari Kulkarni

TITLE
Company Secretary
TENURE
0.6 yrs
Board of Directors

Roy Mammen

TITLE
MD & Director
COMPENSATION
₹2M

Mammen Philip

TITLE
Director of Corporate Affairs & Director
COMPENSATION
₹207K
AGE
80

Jacob Mammen

TITLE
Director
COMPENSATION
₹4K

Kandathil Kuriyan

TITLE
Independent Director
COMPENSATION
₹4K

Karun Philip

TITLE
Director
COMPENSATION
₹3K

Susan Kurian

TITLE
Independent Director
COMPENSATION
₹3K
TENURE
4.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess M M Rubber's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
    5. M M Rubber has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

509196 News

Simply Wall St News

509196 Company Info

Description

M M Rubber Company Limited manufactures and sells foam based products primarily in India. The company provides latex foam rubber mattresses under the MM FOAM brand name. It also offers various foam based products, such as beds, pillows, and cushions, as well as upholstery sheetings, air craft seats, luxury bus seats, and other latex accessories. The company was founded in 1957 and is based in Bengaluru, India.

Details
Name: M M Rubber Company Limited
509196
Exchange: BSE
Founded: 1957
₹373,542,375
4,980,565
Website: http://www.mmfoam.in
Address: M M Rubber Company Limited
Empire Infantry,
3rd Floor,
Bengaluru,
Karnataka, 560001,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 509196 Equity Shares Mumbai Stock Exchange IN INR 11. Oct 1996
Number of employees
Current staff
Staff numbers
0
M M Rubber employees.
Industry
Home Furnishings
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 12:35
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2019/02/04
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.

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