Ankit Metal Power Stock Return On Asset

ANKITMETAL   3.50  0.06  1.74%   
Ankit Metal Power fundamentals help investors to digest information that contributes to Ankit Metal's financial success or failures. It also enables traders to predict the movement of Ankit Stock. The fundamental analysis module provides a way to measure Ankit Metal'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 Ankit Metal 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.

Ankit Metal Power Company Return On Asset Analysis

Ankit Metal's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Ankit Metal Return On Asset

    
  -0.13  
Most of Ankit Metal's fundamental indicators, such as Return On 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, Ankit Metal Power is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Ankit Total Assets

Total Assets

13.69 Billion

At present, Ankit Metal's Total Assets are projected to decrease significantly based on the last few years of reporting.
Based on the latest financial disclosure, Ankit Metal Power has a Return On Asset of -0.1326. This is 117.92% lower than that of the Metals & Mining sector and 102.79% lower than that of the Materials industry. The return on asset for all India stocks is 5.29% lower than that of the firm.

Ankit Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ankit Metal's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ankit Metal could also be used in its relative valuation, which is a method of valuing Ankit Metal by comparing valuation metrics of similar companies.
Ankit Metal is currently under evaluation in return on asset category among its peers.

Ankit Fundamentals

About Ankit Metal Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ankit Metal Power's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ankit Metal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ankit Metal Power 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Ankit Stock

Ankit Metal financial ratios help investors to determine whether Ankit 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 Ankit with respect to the benefits of owning Ankit Metal security.