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Mazda Ltd logo

Mazda Ltd

NSE: MAZDA BSE: 523792

₹199.73

(0.55%)

Sat, 30 May 2026, 03:24 am

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Mazda Analysis

dividend

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Pros

  • Dividends per share have increased over the past 10 years.
  • Dividends paid are well covered by earnings (4.5x coverage).
  • Mazda's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
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Cons

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Mazda's dividend is below the markets top 25% of dividend payers in India (3.08%).

health

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Pros

  • Mazda is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Mazda is profitable, therefore cash runway is not a concern.
  • Mazda is profitable, therefore cash runway is not a concern.
  • Debt is well covered by operating cash flow (319%, greater than 20% of total debt).
  • Debt is covered by short term assets, assets are 135.2x debt.
  • Mazda's cash and other short term assets cover its long term commitments.
  • The level of debt compared to net worth has been reduced over the past 5 years (1.9% vs 0.7% today).
  • Interest payments on debt are well covered by earnings (EBIT is 45.3x coverage).
  • Mazda's level of debt (0.7%) compared to net worth is satisfactory (less than 40%).
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Cons

  • High level of physical assets or inventory.

management

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Pros

  • The average tenure for the Mazda board of directors is over 10 years, this suggests they are a seasoned and experienced board.
  • Sorab's compensation has been consistent with company performance over the past year, both up more than 20%.
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Cons

  • Sorab's remuneration is higher than average for companies of similar size in India.

misc

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Pros

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    Cons

    • Mazda is not covered by any analysts.
    • Mazda has significant price volatility in the past 3 months.

    past

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    Pros

    • Mazda's 1-year earnings growth exceeds its 5-year average (25.2% vs 5.3%)
    • Mazda's year on year earnings growth rate has been positive over the past 5 years.
    • Mazda used its assets more efficiently than the IN Machinery industry average last year based on Return on Assets.
    • Mazda has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
    • Mazda's earnings growth has exceeded the IN Machinery industry average in the past year (25.2% vs -7.2%).
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    Cons

    • Mazda has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).

    value

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    Pros

    • Mazda is good value based on assets compared to the IN Machinery industry average.
    • Mazda is good value based on earnings compared to the IN Machinery industry average.
    • Mazda is good value based on earnings compared to the India market.
    • NSEI:MAZDA is up 11.5% outperforming the Machinery industry which returned 8.3% over the past month.
    • NSEI:MAZDA is up 11.5% outperforming the market in India which returned 8% over the past month.
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    Cons

    • Mazda's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
    • Mazda's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
    • MAZDA underperformed the Machinery industry which returned -23.7% over the past year.
    • MAZDA underperformed the Market in India which returned -14.5% over the past year.