Is Manappuram Finance stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Manappuram Finance pays dividends. Last time was Wednesday 11th of September 2024 where the investors holding the stock on Monday 26th of August 2024 were paid INR1 per share. Over the last 50 times between 2010 and 2024, Manappuram Finance has paid INR30.45 with an average of INR0.61 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Manappuram Finance 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was INR123.80, you would have made a profit of INR81.41 per share or 65.76%
Yes, the average daily trading liquidity for Manappuram Finance is INR9.27 million. You should therefore be able to get in and out of your positions relatively fast.
Manappuram Finance has much of the business financed by loans. This puts the company at high risk in periods of high inflation where borrowing costs usually go up. With a low cash flow to debt ratio of 0.01, the company's ability to pay off the debt is limited. Manappuram Finance has a very good net profit margin of 32.20% and should have very high tolerances against inflation.
We have calculated the inflation risk for Manappuram Finance to be medium [0.6 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.