Tamilnad Mercantile Bank Stock Net Asset

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.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Tamilnad Mercantile Bank Company Net Asset Analysis

Tamilnad Mercantile's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Net Asset

 = 

Current Market Value

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Current Liabilities

More About Net Asset | All Equity Analysis

Current Tamilnad Mercantile Net Asset

    
  615.52 B  
Most of Tamilnad Mercantile's fundamental indicators, such as Net Asset, 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.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Tamilnad Total Assets

Total Assets

452.03 Billion

At present, Tamilnad Mercantile's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the recorded statements, Tamilnad Mercantile Bank has a Net Asset of 615.52 B. This is much higher than that of the Banks sector and significantly higher than that of the Financials industry. The net asset for all India stocks is notably lower than that of the firm.

Tamilnad Net Asset 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 Net Asset 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 net asset 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.