Case study

MMFL

MM Forgings

Mixed signals
0Score

MM Forgings (MMFL) Stock Analysis & Case Study

Is MMFL a good buy? The data-driven verdict.

MM Forgings (MMFL) trades at ₹451,on the numbers it mixed signals, a Downstox Snapshot Score of 49/100.

On the numbers, MM Forgings (MMFL) mixed signals, a Downstox Snapshot Score of 49/100, weighing fairly valued at 22.2× earnings, ROE of 10.5%. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 20272031.

Last updated . Data snapshot for research, not investment advice.

MMFL fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹2,179 Cr
Current price
₹451
P/E ratio
22.2×
P/B ratio
2.22×
Book value
₹203
Dividend yield
0.89%
ROCE
9.3%
ROE
10.5%
Piotroski F-Score
4/9

Is MMFL overvalued? MMFL P/E vs its sector

MMFL's P/E of 22.2× sits above the sector peer median of 15.9×, so on earnings it screens richer than peers, while its 0.89% dividend yield is below the peer median of 1.65%.

MMFL P/E
22.2×
Peer median P/E
15.9×
MMFL div yield
0.89%
Peer median yield
1.65%

The bull case for MMFL

  • A 22.2× P/E sits in the fair-value band, neither cheap nor stretched.

The bear case & risks

  • Return on equity is a soft 10.5%, capital efficiency trails higher-quality peers.

MMFL Piotroski F-Score: 4/9, how financially strong is it?

4/9

The Piotroski F-Score grades financial strength on nine profitability, leverage and efficiency checks. MMFL scores 4/9,mixed financial health.

MMFL MTF margin & leverage, Upstox, Zerodha, Groww, Dhan

Margin Trading Facility lets you buy MMFL with part of the capital. Lower margin % = higher leverage. Rates compared across brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox35.0%2.9×
ZerodhaCHEAPEST34.0%2.9×
Dhan40.0%2.5×

Compare every broker on the MMFL MTF page.

MMFL vs peers,sector comparison

StockP/EDiv yieldMarket cap
MMFL (this stock)22.2×0.89%₹2,179 Cr
RELIANCE23.1×0.45%₹17.95L Cr
TCS14.7×3.01%₹7.69L Cr
HDFCBANK15.9×1.65%₹12.11L Cr
INFY14.4×4.51%₹4.32L Cr
ICICIBANK17.9×0.81%₹9.70L Cr
SBIN11.5×1.67%₹9.61L Cr

About MM Forgings: sector, index & market-cap context

MM Forgings (MMFL) is a small-cap NSE-listed company, and a constituent of the Nifty 500 index group, with a market capitalisation of ₹2,179 Cr. See more Nifty 500 stocks.

How the MMFL Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of MM Forgings's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

MMFL analysis, FAQs

Is MM Forgings (MMFL) a good buy?

On the numbers, MM Forgings (MMFL) mixed signals, a Downstox Snapshot Score of 49/100, weighing fairly valued at 22.2× earnings, ROE of 10.5%. This is a data snapshot for research, not investment advice.

Is MMFL overvalued or undervalued?

MMFL trades at 22.2× earnings versus a peer median of 15.9×, so it screens richer than its sector peers.

What is the bull case for MMFL?

A 22.2× P/E sits in the fair-value band, neither cheap nor stretched.

What are the risks in MMFL?

Return on equity is a soft 10.5%, capital efficiency trails higher-quality peers.

More on MMFL