Max Financial Services Limited Logo

Max Financial Services Limited

MFSL.NS

(2.2)
Stock Price

1.223,60 INR

0.23% ROA

9.6% ROE

104.38x PER

Market Cap.

398.297.221.500,00 INR

14.97% DER

0% Yield

0.77% NPM

Max Financial Services Limited Stock Analysis

Max Financial Services Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Max Financial Services Limited Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (22%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 Assets Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

3 ROE

ROE in an average range (12.47%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (0.33%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 Revenue Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

6 Net Profit Growth

Throughout the last three years, this company has experienced consistent net profit growth, reflecting a robust financial performance and making it an attractive investment prospect.

7 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (101.198), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

8 PBV

The stock's elevated P/BV ratio (8.75x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

9 Graham Number

Based on the Graham number, this company's stock price appears to be higher than its intrinsic value, signaling a potentially unfavorable investment choice.

10 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

11 Dividend

Investors should note the absence of dividends from the company in the last three years, indicating potential financial challenges.

Max Financial Services Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Max Financial Services Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Max Financial Services Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Max Financial Services Limited Revenue
Year Revenue Growth
2003 1.300.680.000
2004 1.271.904.000 -2.26%
2005 15.277.943.000 91.67%
2006 19.623.000.000 22.14%
2007 35.689.741.000 45.02%
2008 48.379.186.000 26.23%
2009 76.450.455.000 36.72%
2010 78.532.163.000 2.65%
2011 85.463.719.000 8.11%
2012 81.828.097.000 -4.44%
2013 91.396.649.000 10.47%
2014 100.478.849.000 9.04%
2015 91.501.355.000 -9.81%
2016 106.924.440.000 14.42%
2017 123.908.922.000 13.71%
2018 178.165.515.000 30.45%
2019 181.276.936.000 1.72%
2020 312.413.911.000 41.98%
2021 310.354.793.000 -0.66%
2022 314.132.600.000 1.2%
2023 406.739.600.000 22.77%
2023 466.183.100.000 12.75%
2024 472.081.200.000 1.25%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Max Financial Services Limited Research and Development Expenses
Year Research and Development Expenses Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Max Financial Services Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2003 806.465.000
2004 1.122.818.000 28.17%
2005 25.633.000 -4280.36%
2006 2.594.098.000 99.01%
2007 0 0%
2008 0 0%
2009 9.418.525.000 100%
2010 807.555.000 -1066.3%
2011 20.708.155.000 96.1%
2012 3.141.660.000 -559.15%
2013 3.707.823.000 15.27%
2014 3.592.713.000 -3.2%
2015 830.785.000 -332.45%
2016 1.103.181.000 24.69%
2017 51.317.016.000 97.85%
2018 2.812.910.000 -1724.34%
2019 836.440.000 -236.3%
2020 386.907.000 -116.19%
2021 343.377.000 -12.68%
2022 157.800.000 -117.6%
2023 164.400.000 4.01%
2023 164.900.000 0.3%
2024 104.800.000 -57.35%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Max Financial Services Limited EBITDA
Year EBITDA Growth
2003 -305.247.000
2004 -848.204.000 64.01%
2005 4.066.372.000 120.86%
2006 168.004.000 -2320.4%
2007 758.075.000 77.84%
2008 -1.991.761.000 138.06%
2009 1.596.002.000 224.8%
2010 3.519.398.000 54.65%
2011 8.032.485.000 56.19%
2012 -380.358.000 2211.82%
2013 -5.900.243.000 93.55%
2014 -22.409.531.000 73.67%
2015 9.879.914.000 326.82%
2016 -59.605.532.000 116.58%
2017 -5.331.428.000 -1018%
2018 6.150.240.000 186.69%
2019 2.892.505.000 -112.63%
2020 4.369.152.999 33.8%
2021 2.796.883.000 -56.22%
2022 4.163.423.000 32.82%
2023 6.197.600.000 32.82%
2023 6.228.100.000 0.49%
2024 9.375.200.000 33.57%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Max Financial Services Limited Gross Profit
Year Gross Profit Growth
2003 -1.354.948.000
2004 -3.445.400.000 60.67%
2005 7.849.447.000 143.89%
2006 5.632.104.000 -39.37%
2007 8.997.080.000 37.4%
2008 14.227.916.000 36.76%
2009 17.868.012.000 20.37%
2010 20.982.544.000 14.84%
2011 78.201.299.000 73.17%
2012 41.816.131.000 -87.01%
2013 39.035.438.000 -7.12%
2014 26.657.139.000 -46.44%
2015 42.360.962.000 37.07%
2016 25.461.776.000 -66.37%
2017 115.178.060.000 77.89%
2018 104.274.883.000 -10.46%
2019 168.649.608.000 38.17%
2020 297.640.124.000 43.34%
2021 293.567.981.000 -1.39%
2022 296.345.814.000 0.94%
2023 406.739.600.000 27.14%
2023 397.726.700.001 -2.27%
2024 411.721.600.000 3.4%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Max Financial Services Limited Net Profit
Year Net Profit Growth
2003 -962.412.000
2004 -1.598.594.000 39.8%
2005 3.131.024.000 151.06%
2006 -497.305.000 729.6%
2007 -488.972.000 -1.7%
2008 -2.183.861.000 77.61%
2009 -715.751.000 -205.11%
2010 86.764.000 924.94%
2011 1.549.766.000 94.4%
2012 7.841.232.000 80.24%
2013 1.394.545.000 -462.28%
2014 2.796.239.000 50.13%
2015 2.527.369.000 -10.64%
2016 3.953.628.000 36.07%
2017 2.961.716.000 -33.49%
2018 2.625.607.000 -12.8%
2019 1.449.936.000 -81.08%
2020 4.253.940.000 65.92%
2021 2.533.700.000 -67.89%
2022 3.784.860.000 33.06%
2023 5.915.600.000 36.02%
2023 3.401.071.000 -73.93%
2024 5.091.600.000 33.2%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Max Financial Services Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2003 -4
2004 -6 40%
2005 18 127.78%
2006 -2 1900%
2007 -2 0%
2008 -8 87.5%
2009 -3 -300%
2010 0 0%
2011 6 100%
2012 29 82.76%
2013 5 -480%
2014 11 50%
2015 9 -11.11%
2016 15 35.71%
2017 11 -27.27%
2018 8 -57.14%
2019 5 -40%
2020 15 64.29%
2021 7 -100%
2022 11 30%
2023 17 41.18%
2023 10 -88.89%
2024 15 35.71%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Max Financial Services Limited Free Cashflow
Year Free Cashflow Growth
2003 -270.758.000
2004 -157.486.000 -71.93%
2005 1.411.865.000 111.15%
2006 4.207.199.000 66.44%
2007 12.121.346.000 65.29%
2008 12.229.716.000 0.89%
2009 22.893.102.000 46.58%
2010 23.400.812.000 2.17%
2011 25.220.380.000 7.21%
2012 16.826.634.000 -49.88%
2013 18.706.101.000 10.05%
2014 22.528.424.000 16.97%
2015 37.133.346.000 39.33%
2016 41.851.899.000 11.27%
2017 69.019.842.000 39.36%
2018 87.256.109.000 20.9%
2019 93.397.115.000 6.58%
2020 85.381.875.000 -9.39%
2021 83.678.583.000 -2.04%
2022 97.483.600.000 14.16%
2023 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Max Financial Services Limited Operating Cashflow
Year Operating Cashflow Growth
2003 267.299.000
2004 530.617.000 49.62%
2005 2.518.040.000 78.93%
2006 6.619.224.000 61.96%
2007 14.002.008.000 52.73%
2008 15.241.089.000 8.13%
2009 24.667.195.000 38.21%
2010 26.809.120.000 7.99%
2011 28.536.604.000 6.05%
2012 19.414.027.000 -46.99%
2013 21.778.341.000 10.86%
2014 25.793.788.000 15.57%
2015 38.020.682.000 32.16%
2016 42.662.587.000 10.88%
2017 69.511.726.000 38.63%
2018 88.260.599.000 21.24%
2019 94.675.372.000 6.78%
2020 86.211.263.000 -9.82%
2021 84.958.575.000 -1.47%
2022 99.222.900.000 14.38%
2023 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Max Financial Services Limited Capital Expenditure
Year Capital Expenditure Growth
2003 538.057.000
2004 688.103.000 21.81%
2005 1.106.175.000 37.79%
2006 2.412.025.000 54.14%
2007 1.880.662.000 -28.25%
2008 3.011.373.000 37.55%
2009 1.774.093.000 -69.74%
2010 3.408.308.000 47.95%
2011 3.316.224.000 -2.78%
2012 2.587.393.000 -28.17%
2013 3.072.240.000 15.78%
2014 3.265.364.000 5.91%
2015 887.336.000 -268%
2016 810.688.000 -9.45%
2017 491.884.000 -64.81%
2018 1.004.490.000 51.03%
2019 1.278.257.000 21.42%
2020 829.388.000 -54.12%
2021 1.279.992.000 35.2%
2022 1.739.300.000 26.41%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Max Financial Services Limited Equity
Year Equity Growth
2003 3.035.510.000
2004 4.047.356.000 25%
2005 7.401.275.000 45.32%
2006 7.214.818.000 -2.58%
2007 19.663.865.000 63.31%
2008 18.426.725.000 -6.71%
2009 21.668.571.000 14.96%
2010 20.363.160.000 -6.41%
2011 33.475.773.000 39.17%
2012 37.628.162.000 11.04%
2013 38.701.146.000 2.77%
2014 39.190.798.000 1.25%
2015 26.675.870.000 -46.91%
2016 30.836.262.000 13.49%
2017 33.826.013.000 8.84%
2018 28.330.985.000 -19.4%
2019 28.188.540.000 -0.51%
2020 36.050.393.000 21.81%
2021 44.849.163.000 19.62%
2022 39.685.000.000 -13.01%
2023 43.695.400.000 9.18%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Max Financial Services Limited Assets
Year Assets Growth
2003 6.094.346.000
2004 14.028.999.000 56.56%
2005 21.505.157.000 34.76%
2006 32.537.174.000 33.91%
2007 64.585.550.000 49.62%
2008 79.360.279.000 18.62%
2009 132.682.988.000 40.19%
2010 169.381.453.000 21.67%
2011 207.760.933.000 18.47%
2012 247.777.127.000 16.15%
2013 291.173.845.000 14.9%
2014 355.029.617.000 17.99%
2015 381.462.400.000 6.93%
2016 467.393.314.000 18.39%
2017 552.820.091.000 15.45%
2018 672.107.389.000 17.75%
2019 745.262.197.000 9.82%
2020 981.316.094.000 24.05%
2021 1.177.485.518.000 16.66%
2022 1.318.237.800.000 10.68%
2023 1.627.734.800.000 19.01%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Max Financial Services Limited Liabilities
Year Liabilities Growth
2003 3.058.836.000
2004 9.981.643.000 69.36%
2005 14.103.882.000 29.23%
2006 25.322.356.000 44.3%
2007 44.921.685.000 43.63%
2008 60.933.554.000 26.28%
2009 111.014.417.000 45.11%
2010 149.018.293.000 25.5%
2011 174.285.160.000 14.5%
2012 210.148.965.000 17.07%
2013 252.472.699.000 16.76%
2014 315.838.819.000 20.06%
2015 354.786.530.000 10.98%
2016 436.557.052.000 18.73%
2017 518.994.078.000 15.88%
2018 643.776.404.000 19.38%
2019 717.073.657.000 10.22%
2020 945.265.701.000 24.14%
2021 1.132.636.355.000 16.54%
2022 1.278.552.800.000 11.41%
2023 1.584.039.400.000 19.29%

Max Financial Services Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
1433.47
Net Income per Share
11.06
Price to Earning Ratio
104.38x
Price To Sales Ratio
0.81x
POCF Ratio
128.25
PFCF Ratio
128.89
Price to Book Ratio
10.25
EV to Sales
0.79
EV Over EBITDA
21.06
EV to Operating CashFlow
125.95
EV to FreeCashFlow
125.95
Earnings Yield
0.01
FreeCashFlow Yield
0.01
Market Cap
398,30 Bil.
Enterprise Value
389,21 Bil.
Graham Number
167.35
Graham NetNet
-4520.05

Income Statement Metrics

Net Income per Share
11.06
Income Quality
0.91
ROE
0.1
Return On Assets
0
Return On Capital Employed
0.01
Net Income per EBT
0.79
EBT Per Ebit
0.29
Ebit per Revenue
0.03
Effective Tax Rate
0.07

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.86
Operating Profit Margin
0.03
Pretax Profit Margin
0.01
Net Profit Margin
0.01

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
9
Free CashFlow per Share
9
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.34
Return on Tangible Assets
0
Days Sales Outstanding
13.77
Days Payables Outstanding
74.92
Days of Inventory on Hand
0
Receivables Turnover
26.52
Payables Turnover
4.87
Inventory Turnover
0
Capex per Share
0

Balance Sheet

Cash per Share
52,21
Book Value per Share
127,24
Tangible Book Value per Share
111.94
Shareholders Equity per Share
112.58
Interest Debt per Share
19.6
Debt to Equity
0.15
Debt to Assets
0
Net Debt to EBITDA
-0.49
Current Ratio
0.62
Tangible Asset Value
38,44 Bil.
Net Current Asset Value
-1.574,98 Bil.
Invested Capital
3784300000
Working Capital
-5,55 Bil.
Intangibles to Total Assets
0
Average Receivables
9,28 Bil.
Average Payables
7,30 Bil.
Average Inventory
0
Debt to Market Cap
0.01

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Max Financial Services Limited Dividends
Year Dividends Growth
2001 4
2012 10 70%
2013 4 -150%
2014 6 20%
2015 3 -150%
2016 2 -100%

Max Financial Services Limited Profile

About Max Financial Services Limited

Max Financial Services Limited, through its subsidiary, provides life insurance products in India. The company operates through Life Insurance and Business Investments segments. It offers a range of participating, non-participating, and linked products covering life insurance, pension, and health benefits, including riders for individual and group segments. The company also engages in treasury investment activities; and the provision of management advisory services. Its products are distributed through individual and corporate agents, banks, brokers, and other channels. The company was formerly known as Max India Limited and changed its name to Max Financial Services Limited in January 2016. Max Financial Services Limited was founded in 1984 and is based in Noida, India.

CEO
Ms. Tara Singh Vachani
Employee
10
Address
L20M, Max Towers
Noida, 201301

Max Financial Services Limited Executives & BODs

Max Financial Services Limited Executives & BODs
# Name Age
1 Ms. Tara Singh Vachani
Chief Executive Officer of Antara Senior Living
70
2 Ramachandra Vishnu Pai
Manager of Administration
70
3 Ms. Vandana Trehan
Executive Assistant to Executive President
70
4 Mr. Piyush Soni
Company Secretary & Compliance Officer
70
5 Ms. Simardeep Kaur
General Manager of Human Capital
70
6 Mr. Analjit Singh BA, BS, MBA
Founder & Non-Executive Chairman
70
7 Ms. Jasrita Dhir
Deputy Director of Brands & Communications
70
8 Ms. Mohini Daljeet Singh
Chief Executive of Max India Foundation
70
9 Mr. Venkatraman Krishnan
Manager
70
10 Mr. Amrit Pal Singh
Chief Financial Officer
70

Max Financial Services Limited Competitors

The Ramco Cements Limited Logo
The Ramco Cements Limited

RAMCOCEM.NS

(2.0)
Cummins India Limited Logo
Cummins India Limited

CUMMINSIND.NS

(2.8)
Torrent Power Limited Logo
Torrent Power Limited

TORNTPOWER.NS

(2.0)
Muthoot Finance Limited Logo
Muthoot Finance Limited

MUTHOOTFIN.NS

(2.2)