Garware Technical Fibres Stock Return On Asset

GARFIBRES   812.75  14.15  1.77%   
Garware Technical Fibres fundamentals help investors to digest information that contributes to Garware Technical's financial success or failures. It also enables traders to predict the movement of Garware Stock. The fundamental analysis module provides a way to measure Garware Technical'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 Garware Technical 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.

Garware Technical Fibres Company Return On Asset Analysis

Garware Technical'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 Garware Technical Return On Asset

    
  0.0941  
Most of Garware Technical'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, Garware Technical Fibres 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

Garware Total Assets

Total Assets

21.38 Billion

At this time, Garware Technical's Total Assets are relatively stable compared to the past year.
Based on the latest financial disclosure, Garware Technical Fibres has a Return On Asset of 0.0941. This is much higher than that of the Textiles, Apparel & Luxury Goods sector and significantly higher than that of the Consumer Discretionary industry. The return on asset for all India stocks is notably lower than that of the firm.

Garware Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Garware Technical'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 Garware Technical could also be used in its relative valuation, which is a method of valuing Garware Technical by comparing valuation metrics of similar companies.
Garware Technical is currently under evaluation in return on asset category among its peers.

Garware Fundamentals

About Garware Technical Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Garware Technical Fibres's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Garware Technical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Garware Technical Fibres 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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Additional Tools for Garware Stock Analysis

When running Garware Technical's price analysis, check to measure Garware Technical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Garware Technical is operating at the current time. Most of Garware Technical's value examination focuses on studying past and present price action to predict the probability of Garware Technical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Garware Technical's price. Additionally, you may evaluate how the addition of Garware Technical to your portfolios can decrease your overall portfolio volatility.