Obermatt

MRF

NSI:MRF · INE883A01011
Auto ComponentsX-Large

360

59
EV / EBIT20
Price / Owner Earnings35
Owner Earnings Yield64
Dividend Yield53
Price/Sales59
EV / Gross Profit55
Price/Book41
Return on Capital72
Cash Return on Capital85
Return on Equity77
EBIT Margin70
Gross Profitability88
Cash Conversion49
Owner Earnings Margin83
Sales growth53
Profit Growth81
Long-Term EPS Growth40
Reinvestment18
Price momentum31
Debt load51
Refinancing26
Debt Payback100
Liquidity49
Analyst ratings6
Opinion Changes18
Price Target Upside45
Market mood71
Value Creation17/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

MRF generates returns well above its cost of capital, the foundation of durable shareholder value.

Based on 3/5 components.

Profile

CountryIndia
IndustryAuto Components
SizeX-Large
TypePublic Company
ExchangeNSEI
Founded1960
Employees4,957
ISININE883A01011
Last UpdateApr 2, 2026
Index & Theme
Innovation ManagementManufacturingPlastics and Rubber ManufacturingProduct Design

Description

MRF Limited, together with its subsidiaries, engages in the manufacture, sale, and trading of rubber products. The company primarily engages in the manufacture of tires for various vehicles, including passenger cars, commercial vehicles, two-wheelers…

Analysis

Quality compounder

MRF Limited is a quality compounder: a well-run business trading at a price that reflects what it is worth.

The price is fair. You pay 17.5× its owner earnings: the cash an owner could take out each year, which is in the historically fair zone. At today's price, the market is assuming roughly 4% yearly growth; analysts expect 10%. The price, in other words, assumes less than the experts do.

The trajectory is tepid and the balance sheet is sturdy. The company scores 17/20 on our value-creation score: strong value creator.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
22
2023202420252026

All-time high

49

Jan 2024

All-time low

5

Jan 2023

Average rank

28

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
59
60
52
50
Price/Earnings
55
54
51
40
Price/Book
41
54
47
56
Dividend Yield
53
14
6
10
Value (overall)
55
39
31
28

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →