1. Is Max Financial Services Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Max Financial Services Ltd is a good quality company.
2. Is Max Financial Services Ltd undervalued or overvalued?
The key valuation ratios of Max Financial Services Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
3. Is Max Financial Services Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Max Financial Services Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||20%||4.5%||7.5%||27.3%||14%||215.9%||276%||269.9%||439.9%||284.5%||-|
|Value Creation Index ⓘ||0.5||-0.7||-0.5||1.0||0.0||15.0||19.5||19.0||38.1||24.3||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||10%||27.4%||-21.4%||30.2%||7.2%||19.6%||8.7%||47.5%||-0.2%||-|
|Adj EPS ⓘ||29.2||5.1||10.5||36.2||14.8||228.4||277.4||282||408.6||353.6||13.1|
|YoY Gr. Rt. %||-||-82.4%||105.5%||244.2%||-59.2%||1445.4%||21.5%||1.7%||44.9%||-13.5%||-|
|BVPS (₹) ⓘ||108.8||111.7||123.3||73.3||87.1||67.1||76.3||79.5||96.9||114||121.1|
|Adj Net Profit ⓘ||774||136||280||967||395||6,130||7,473||7,601||14,100||12,203||450|
|Cash Flow from Ops. ⓘ||1,887||2,160||2,579||3,802||4,266||4,853||5,559||5,452||6,892||8,496||-|
|Debt/CF from Ops. ⓘ||0.4||0.3||0.2||0||0||0||0||0||0||0.1||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||32%||88.7%||8.4%||-13.5%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||27.3||4.5||8.8||36.7||18.4||295.2||385.4||361.5||513.7||335.4||11.1|
|Op. Profit Mgn % ⓘ||10.9||3.9||4.6||13.2||4.9||54.8||55.7||53.1||64.5||56.6||190.6|
|Net Profit Mgn % ⓘ||7.9||1.8||2.5||9.5||3.9||38.5||39.1||36.4||45.5||39.3||132.5|
|Debt to Equity ⓘ||0.2||0.2||0.2||0||0||0||0||0||0||0.1||-|
|Working Cap Days ⓘ||49||55||48||54||40||38||38||52||43||53||0|
|Cash Conv. Cycle ⓘ||-7||-2||-11||-20||-14||-34||-31||-23||-25||-30||0|
Sales growth is good in last 4 quarters at 12.03%
Return on Equity has declined versus last 3 years average to 11.10%
Sales growth has been subdued in last 3 years 0.00%
Net Profit has been subdued in last 3 years 8.42%
|TTM EPS (₹)||0.3||13.1|
|TTM Sales (₹ Cr.)||39.1||340|
|BVPS (₹.) ⓘ||195.9||121.1|
|Reserves (₹ Cr.) ⓘ||6,692||4,111|
|From the Market|
|52 Week Low / High (₹)||627.80 / 886.40|
|All Time Low / High (₹)||5.22 / 1147.90|
|Market Cap (₹ Cr.)||26,091|
|Equity (₹ Cr.)||69|
|Face Value (₹)||2|
|Industry PE ⓘ||51.1|
Max Financial Services Limited (MFS), a part of the Max Group, is the holding company for Max Life, India’s largest non-bank, private life insurance company.
Max Financial Services owns and actively manages a majority stake in Max Life Insurance Company Limited, making it India’s first listed company focused exclusively on life insurance. Max Life is a joint venture with Mitsui Sumitomo Insurance (MSI), a Japan-headquartered global leader in life insurance.
Max Life is India’s largest private life insurance company. It has emerged as a benchmark for the life insurance industry in India across several dimensions including customer persistency, high-performance bancassurance and agency channels, enviable relationships with distribution partners, strong and tenured management, focus on long-term savings and protection products and superior management of costs.
Max Financial Services Limited is listed on the Bombay Stock Exchange as well as the National Stock Exchange. The company’s investor base includes marquee global financial institutions such as KKR, Baron, Ward ferry, New York Life, Vanguard, Blackrock, Jupiter, Norges, Neuberger Burman, Eastspring and Dimension.
The other entities in the Max Group are Max India Limited, which has a presence in the senior living and healthcare industry, and Max Ventures and Industries Limited, which serves as the Group’s entrepreneurial arm to explore the ‘wider world of business.’
Following the demerger of the erstwhile consolidated Max India Limited, the Max Group continues to be bound together by common values and works together to benefit from enterprise synergies.
Business area of the company
Max Financial Services has business interest in area of life insurance, healthcare and clinical research.