Tamilnad Mercantile Bank Stock Gross Profit

TMB Stock   448.85  5.40  1.22%   
Tamilnad Mercantile Bank fundamentals help investors to digest information that contributes to Tamilnad Mercantile's financial success or failures. It also enables traders to predict the movement of Tamilnad Stock. The fundamental analysis module provides a way to measure Tamilnad Mercantile's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tamilnad Mercantile stock.
Last ReportedProjected for Next Year
Gross Profit28 B17.9 B
As of November 26, 2024, Gross Profit is expected to decline to about 17.9 B.
  
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Tamilnad Mercantile Bank Company Gross Profit Analysis

Tamilnad Mercantile's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

 = 

Revenue

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Cost of Revenue

More About Gross Profit | All Equity Analysis

Current Tamilnad Mercantile Gross Profit

    
  25.44 B  
Most of Tamilnad Mercantile's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tamilnad Mercantile Bank is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, Tamilnad Mercantile Bank reported 25.44 B of gross profit. This is 91.33% lower than that of the Banks sector and significantly higher than that of the Financials industry. The gross profit for all India stocks is 7.08% higher than that of the company.

Tamilnad Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tamilnad Mercantile's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tamilnad Mercantile could also be used in its relative valuation, which is a method of valuing Tamilnad Mercantile by comparing valuation metrics of similar companies.
Tamilnad Mercantile is currently under evaluation in gross profit category among its peers.

Tamilnad Fundamentals

About Tamilnad Mercantile Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tamilnad Mercantile Bank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tamilnad Mercantile using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tamilnad Mercantile Bank based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Tamilnad Stock

Tamilnad Mercantile financial ratios help investors to determine whether Tamilnad Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tamilnad with respect to the benefits of owning Tamilnad Mercantile security.