Ratings M M Forgings Limited

Equities

MMFL

INE227C01017

Market Closed - Bombay S.E. Other stock markets 06:00:47 2024-05-15 am EDT			5-day change	1st Jan Change
1,139 ^INR	-0.40%		-0.91%	+17.71%

Mar. 22	M M Forgings Limited Announces Board Appointments, Effective 01 April 2024	CI
Mar. 15	M M Forgings Limited Announces Board and Committee Changes	CI

Strengths

There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
Historically, the company has been releasing figures that are above expectations.

Weaknesses

The company appears highly valued given the size of its balance sheet.
The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
Revenue estimates are regularly revised downwards for the current and coming years.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Iron & Steel

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
M M FORGINGS LIMITED	+17.71%	331M		C+
JSW STEEL LIMITED	-1.09%	25.68B		B
BAOSHAN IRON & STEEL CO., LTD.	+16.69%	20.85B		A
CHINA STEEL CORPORATION	-8.33%	11.79B		A-
JINDAL STEEL & POWER LIMITED	+32.81%	11.74B		B+
CITIC PACIFIC SPECIAL STEEL GROUP CO., LTD	+13.89%	11.12B		C+
INNER MONGOLIA BAOTOU STEEL UNION CO., LTD.	+8.90%	10.04B	-	C
TERNIUM S.A.	+1.71%	8.46B		B
BHARAT FORGE LIMITED	+18.05%	8.04B		B+
JINDAL STAINLESS LIMITED	+19.36%	7.02B		B-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders