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Tamilnad Mercantile Bank Limited
TMB | NSE
451.95
INR-0.75
-0.17%
TMB | NSE
About Tamilnad Mercantile Bank Limited
Sector
Financial Services
Industry
Banks-Regional
Earnings date
30/06/2024
As of date
11/10/2024
Close
451.95
Open
453.00
High
455.45
Low
450.50
Tamilnad Mercantile Bank Limited provides banking and financial products and services in India. It operates through Treasury Corporate and Wholesale Banking and Retail Banking segments. The company offers savings recurring term deposit and current accounts; debit and credit cards; and demat and equity trading account POS terminal e-tax payment online bill payment mutual fund insurance mutual fund sovereign gold bond scheme money transfer forex treasury and Internet and mobile banking services. It also provides home car two-wheeler personal LAP rental pension pharma health care education gold jewel commercial vehicle traders and service MSME rice and dhall mill NRI doctor and Mahalir loans as well as loans against properties and sovereign gold bonds; vehicle finance for educational institutions; secured overdraft facilities; and microenterprise pharma and channel finance. The company was formerly known as The Nadar Bank Ltd. and changed its name to Tamilnad Mercantile Bank Limited on November 26 1962. The company was incorporated in 1921 and is headquartered in Thoothukudi India.
View LessTMB | NSE
Risk
31.9
Sharpe
-0.91
Luna's Score
64/100
Recommendation
Hold
Luna says (TMB | NSE)
What's Working
Low 6-Month Volatility (<30%)
Good Dividend Yield (2% <= Dividend Yield <= 8%)
Low Market Beta (-0.4 to 0.8)
Low Debt to Equity (< 0.25)
Low Debt to Asset (< 0.2)
Value Stock (Price to Book < 3)
Strong Operating Margin (> 25%)
Strong Revenue Growth (> 10%)
What's not Working
Negative Momentum (Declining Price)
Price Below SMA10D
High Short-term Volatility
Smallcap (300M - 2B USD)
Weak Sharpe Ratio (< 0.3)
Volatility Signals
Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.
Risk Meter
10 days
41.2%1 month
31.9%3 months
22.3%6 months
18.8%Returns
Fundamental Ratios
PE
6.61
Fwd. PE
-
Price to book
0.89
Debt to equity
0.24
Debt to assets
0.03
Ent. to EBITDA
-
Ent. to rev.
2.79
PEG
-
Other Fundamentals
EBITDA
-
MarketCap
73.19B
MarketCap(USD)
870.53M
Div. yield
2.17
Op. margin
53.63
Erngs. growth
9.90
Rev. growth
11.30
Ret. on equity
14.23
Short ratio
-
Short perc.
-
Market Sentiment (SMA and Price signals)
Short-term: Bearish (SMA10D < SMA1M)
Intermediate-term: Bullish (SMA1M > SMA3M)
Long-term: Bearish (SMA6M < SMA12M)
SMAs: Stock Price Trends
Range10D
41.65
Range1M
60.95
Range3M
60.95
Volumes: Market Activity
Rel. volume
0.35
Price X volume
27.53M
Peers
Diversifiers
Industry Comparison
| Parameter | Company | Industry | Indicator |
|---|---|---|---|
| Enterprise to EBITDA | - | - | - |
| Ent. to Revenue | 2.79 | 4.93 | Cheaper |
| PE Ratio | 6.61 | 16.03 | Cheaper |
| Price to Book | 0.89 | 1.71 | Cheaper |
| Dividend Yield | 2.17 | 1.51 | Leader |
| Std. Deviation (3M) | 22.29 | 27.97 | Lower Risk |
| Debt to Equity | 0.24 | 0.76 | Cheaper |
| Debt to Assets | 0.03 | 0.08 | Cheaper |
| Market Cap | 73.19B | 1,354.08B | Emerging |
