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MM Forgings Ltd
NSE:MMFL

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MM Forgings Ltd
NSE:MMFL
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Price: 500 INR 0.22% Market Closed
Market Cap: ₹24.1B

P/B

2.6
Current
6%
Cheaper
vs 3-y average of 2.8

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.6
=
Market Cap
₹20.8B
/
Total Equity
₹9.3B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.6
=
Market Cap
₹20.8B
/
Total Equity
₹9.3B

Valuation Scenarios

MM Forgings Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (2.8), the stock would be worth ₹529.66 (6% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-28%
Maximum Upside
+25%
Average Upside
3%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 2.6 ₹500
0%
3-Year Average 2.8 ₹529.66
+6%
5-Year Average 1.9 ₹362.25
-28%
Industry Average 2.9 ₹547.32
+9%
Country Average 3.3 ₹624.05
+25%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

In line with most companies in India
Percentile
40th
Based on 2 820 companies
40th percentile
2.6
Low
0 — 2.1
Typical Range
2.1 — 5.5
High
5.5 —
Distribution Statistics
India
Min 0
30th Percentile 2.1
Median 3.3
70th Percentile 5.5
Max 4 699.1

MM Forgings Ltd
Glance View

Market Cap
24.1B INR
Industry
Metals & Mining

MM Forgings Ltd. engages in the manufacture of steel forgings. The company is headquartered in Chennai, Tamil Nadu and currently employs 3,703 full-time employees. The firm is a manufacturer of automotive components. The firm operates in one segment: manufacture of steel forgings. Its products include sprocket, flange housing, connecting rod, connecting rod integral, rail forging, hub, knuckle-1, knuckle-2, front axle beam, universal joint cross, steering arm, planetary wheel carrier, pivot arm, upper arm shaft, front axle beam, shifter fork and rear axle spindle, yoke shaft, double yoke, crankshaft 2cylinder, crankshaft single cylinder, crankshaft 3cylinder, crankshaft 6cylinder. The Company’s manufacturing plants are located at Singampunari Sivagangai District, Viralimalai Pudukkottai District and Karainaithangal Village Kanchipuram District, all within the state of Tamil Nadu. The firm has its machining plant in Kursi Road, Barabanki situated in the state of Uttar Pradesh.

MMFL Intrinsic Value
492.53 INR
Overvaluation 1%
Intrinsic Value
Price ₹500
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