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Tamilnad Mercantile Bank (BOM:543596) Enterprise Value : ₹50,552 Mil (As of Jun. 06, 2024)


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What is Tamilnad Mercantile Bank Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. This ratio does not apply to banks.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Tamilnad Mercantile Bank's Enterprise Value is ₹50,552 Mil. Tamilnad Mercantile Bank's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was ₹27,958 Mil. Therefore, Tamilnad Mercantile Bank's EV-to-Revenue ratio for today is 1.81.


Tamilnad Mercantile Bank Enterprise Value Historical Data

The historical data trend for Tamilnad Mercantile Bank's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tamilnad Mercantile Bank Enterprise Value Chart

Tamilnad Mercantile Bank Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Enterprise Value
- - - 34,092.78 54,201.79

Tamilnad Mercantile Bank Quarterly Data
Mar20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34,092.78 38,922.01 60,056.83 58,859.76 54,201.79

Competitive Comparison of Tamilnad Mercantile Bank's Enterprise Value

For the Banks - Regional subindustry, Tamilnad Mercantile Bank's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tamilnad Mercantile Bank's Enterprise Value Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Tamilnad Mercantile Bank's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Tamilnad Mercantile Bank's Enterprise Value falls into.



Tamilnad Mercantile Bank Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Tamilnad Mercantile Bank's Enterprise Value for the fiscal year that ended in Mar. 2024 is calculated as

Tamilnad Mercantile Bank's Enterprise Value for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tamilnad Mercantile Bank  (BOM:543596) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Tamilnad Mercantile Bank's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=50552.012/27958.3
=1.81

Tamilnad Mercantile Bank's current Enterprise Value is ₹50,552 Mil.
Tamilnad Mercantile Bank's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹27,958 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tamilnad Mercantile Bank Enterprise Value Related Terms

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Tamilnad Mercantile Bank (BOM:543596) Business Description

Traded in Other Exchanges
Address
No. 57, Victoria Extension Road, Thoothukudi, TN, IND, 628 002
Tamilnad Mercantile Bank Ltd is the oldest private sector bank in India. It offers an array of banking and financial services to retail customers, micro, small, and medium enterprises (MSMEs), and more. The company has a portfolio of advances and deposits from a diversified customer base including retail customers, agricultural customers, and MSMEs. The segments of the bank are Treasury, Corporate- wholesale banking, Retail banking, and Other banking business services.

Tamilnad Mercantile Bank (BOM:543596) Headlines

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