MoneyWorks4Me

Check Before You Invest : Mathew Easow Research Securities Ltd

BSE: 511688 NSE: ISIN: INE963B01019
  |   Sector:  BFSI   |   Industry:  Finance - NBFC

Snapshot

Q.1 Which industry/sub-sector does Mathew Easow Research Securities Ltd belong to?
Mathew Easow Research Securities Ltd belongs to the BFSI sector, operating specifically within the Finance - NBFC segment.
Q.2 Is Mathew Easow Research Securities Ltd a good quality company?
Mathew Easow Research Securities Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on the bank’s performance on Total Income growth, Pre-Provision Operating Profit, RoA, RoE, CAR, and Asset Quality, along with how these metrics compare with its long-term averages.

Q.3 Is Mathew Easow Research Securities Ltd undervalued or overvalued?
Mathew Easow Research Securities Ltd appears Fair, as its key valuation ratios are in line with their past averages.

Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more.

Valuation Ratios Current 0-year
Historic Median
Price to Earnings - 5.34
Price to Book - 0.54
Price to Sales - 0.87
EV to EBITDA - 10.62
Q.4 Is Mathew Easow Research Securities Ltd a good buy now?
Mathew Easow Research Securities Ltd is not a good buy now, based on weak price trend analysis suggesting prices may fall. However, you need to check its quality and valuation before making a decision

Performance Analysis

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Total Income growth, NPM, PPOP, RoA and RoE compared to its last 5-year median.

  • How efficiently has it grown and managed operations?

    By checking its Total Asset growth.

  • How strong is its Capital position and Asset Quality?

    By checking its Capital Adequacy Ratio (CAR), GNPA and NNPA.

A: What are the trends in income and profitability?

Q.1 Total Income growth of Mathew Easow Research Securities Ltd?
Mathew Easow Research Securities Ltd Operating Income growth is % for FY-, which is in line with its --year CAGR of N/A%, indicating stable growth.

Q.2 Does its ROIC exceed its WACC?
Mathew Easow Research Securities Ltd return on invested capital (ROIC) is % for FY-, is lower than its estimated weighted average cost of capital (WACC) of 14%, indicating value erosion.

B: Does the bank grow efficiently and manage its operating costs?

Q.3 Total Asset growth of Mathew Easow Research Securities Ltd?
Mathew Easow Research Securities Ltd Total Asset growth is 4.6% for FY-, which is above its 0-year CAGR of -1.05%, indicating faster growth.

Ownership & governance

D: Promoter shareholding and pledge status of Mathew Easow Research Securities Ltd?

Q.1 Promoter shareholding and pledge status of Mathew Easow Research Securities Ltd?
Promoters hold 31.28% of the Mathew Easow Research Securities Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Peer comparison (industry-wise, mcap)

E: How does Mathew Easow Research Securities Ltd performance compare with that of its Peers?

Q.1 AUM Growth of Mathew Easow Research Securities Ltd vs Industry Peers?
Mathew Easow Research Securities Ltd AUM CAGR is %, compared to the 0-year industry median CAGR of 4.92%, indicating slower growth and losing its market share.

Q.2 Profit metrics (NPM, PPOP, RoA) of Mathew Easow Research Securities Ltd vs industry peers
Mathew Easow Research Securities Ltd profit metrics are below the industry median level of 11.8%, indicating weaker profitability compared to peers.
Profit Metrics
Current Level 0-year
Industry Median
NPM (%) - 20.22
PPOP (%) - 12.97
RoA (%) - 2.2

Q.3 Operating efficiency of Mathew Easow Research Securities Ltd vs industry peers?
Mathew Easow Research Securities Ltd ROCE () is in line with the industry median of (); while the current ROE (8.6) are below than the 5-year average Industry ROE (13). This shows that the business is positioned in the middle quartile of the industry.
Operating Efficiency
Current Level 0-year
Industry Median
NPM (%) - 20.22
PPOP (%) - 12.97
RoA (%) - 2.2
ROCE (%) - -
ROE (%) - 13

Valuation & price assessment

Q.1 Stock return of Mathew Easow Research Securities Ltd over the last decade?
Over the last 9 years, the stock has delivered a CAGR of -18.5% based on the current price.
9Y 5Y 3Y 1Y
Share Price
CAGR
-18.5% 10.7% 22.4% 10.1%
Q.2 How do the current valuation ratios compare with 5-year historical median and industry numbers?
Valuation Ratios Current 0-year
Historic Median
0-year
Industry Median
Price to Earnings - 5.34 -
Price to Book - 0.54 -
Price to Sales - 0.87 -
EV to EBITDA - 10.62 -
Q.3 Valuation ratios of Mathew Easow Research Securities Ltd vs historical and industry averages?
The current Price-to-Book (P/B) ratio of 0 is lower than its historical median of 0.54, indicating that the stock is trading below its historical average valuation.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: